Investors deliver $11m to Electric Cloud

Feb 14, 2017 • Thierry Heles

Siemens-backed Electric Cloud has received $6m from Wellington Financial and an additional $5m in credit and a venture term loan from Bridge Bank.

Electric Cloud, a US-based production management software producer backed by industrial products and appliance conglomerate Siemens, received $6m in financing on Monday from investment firm Wellington Financial.

Financial services firm Bridge Bank provided an additional $5m in the form of a line of credit and a venture term loan facility.

Founded in 2002, Electric Cloud has developed a platform, dubbed ElectricFlow, that helps developers automate and accelerate the building, deployment and releasing at scale of enterprise applications, including web-based, mobile…

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