Joyent Secures $15 Million in Series C Funding

by Rob Lewis | Business

San Francisco's Joyent announced today that it has secured $15 Million in Series C funding to expand international operations and build momentum in the marketplace for the company's core platform-as-a-service cloud computing technologies. The round was led by Series B investor Intel Capital, with additional support from existing investor Greycroft Partners and new investor Liberty Global.

Rapid adoption of cloud technologies has accelerated demand for Joyent's flexible, multi-tenant cloud technology, resulting in more than doubling of recurring customer revenues since December 2009

To bolster its technology portfolio, Joyent recently acquired Vancouver-based Layerboom, a Bootup Labs incubated company.

Joyent now operates smart technology in five data centers in China; Andover, Mass.; Emeryville and San Diego, Calif. and Dallas, Tx. Joyent also supports service providers in Toronto, Las Vegas, and Amsterdam set to come online this summer, as well as a private cloud offering built on Smart Technologies and offered through Dell as an OEM solution.

Layerboom Systems
Vancouver, British Columbia, Canada

Layerboom Systems provides hosting companies with all the components required to provide turn-key virtual private servers to their customers. By combining the latest virtualization technologies with a unique hosted management platform, hosting companies are able to provide VPS products to their customers quickly and easily, while continuing to focus on what they do best. more

San Francisco, California, United States

Joyent has been providing Infrastructure as a Service since 2004, before anyone called it cloud computing. Today, Joyent is the only cloud computing company that has built its own complete technology stack, runs a major public cloud on that stack, and makes the technology available for anyone who wants to build a cloud. Joyent’s Smart Technologies provide application virtualization, which is... more

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Rob Lewis

Rob Lewis

Rob is the President of Techvibes Media and Editor-in-Chief of  His diverse background includes stints in International Trade Finance, Web Development, and Enterprise Software and he is a graduate of the University of British Columbia, British Columbia Institute of Technology, and Simon Fraser University. When not running Canada's leading technology media property, Rob can be... more

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