Enterprise Cloud Management Software Maker Abiquo Raises $10 Million

Enterprise cloud management software provider Abiquo has raised roughly $10 million in Series B funding led by Balderton Capital, with existing investors Nauta Capital and Eurecan participating. Bernard Liautaud, a Partner at Balderton Capital and well known for being the founder and former CEO of Business Objects, will join the Abiquo Board of Directors.

Abiquo offers cloud management software that enables companies to create and manage private, public and hybrid clouds.

The company says the funding will be used to expand its global sales and marketing efforts, customer support and senior team.

The round brings the total of capital raised by the company to approximately $16 million.