StrataCloud raises $2.6 million

Urvaksh Karkaria
Staff Writer
Atlanta Business Chronicle

IT infrastructure management software provider StrataCloud has raised $2.6 million from Mosley Ventures, Buckhead Investment Partners and a group of individual investors.

 Atlanta-based StrataCloud has developed software that helps companies better align their IT department with the needs of the business.

 “Organizations want to have the ability to leverage server and storage and networking technology from a variety of vendors and to be able to run the applications on the best suited hardware, whether it’s in their data center or in the cloud,” said Brian Cohen, StrataCloud’s CEO. “We’re providing a platform that supports ongoing flexibility and allows (enterprises) to determine where the ultimate spot is at any point in time from a cost-efficiency standpoint.”

 StrataCloud has raised a total of $3.4 million. Original investors include Hallett Capital, BLH Venture Partners and Cohen.

The money will be used to expand StrataCloud’s leadership team and drive sales, marketing and engineering development. Launched in April 2014, StrataCloud expects $3.5 million to $4 million in 2015 revenues.