Cloudant

$12M Investment in Cloudant

$12 million of Series B funding has been presented to Boston, Massachusetts-based Cloudant; this comes from a number of investors, including Rackspace Hosting.

Distributed database as a service (DBaaS) is offered by Cloudant, and at present the company partners with Rackspace, which makes a portion of its hosting service available for the running of Cloudant's DBaaS. Additionally, the company partners with Softlayer, Joyent, Microsoft Azure and Amazon Web Services for hosting; Cloudant competes with the latter.