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May - 2015 - Special issue > Venture Chakra
CliQr Technologies Lands $20 Million Series C Funding
SI Team
Wednesday, May 13, 2015
Cloud management provider CliQr Technologies on April 7 landed a $20 million in Series C funding led by Polaris Partners, which includes investments from Foundation Capital, Google Ventures, and TransLink Capital. CliQr, headquartered in Santa Clara, CA, with development support in Bangalore, India, has a cloud application management platform that enables enterprises to run and secure apps inside public, private or hybrid cloud systems. Most of its work, however, is in hybrids -- the trendiest clouds there are right now.
The latest funding round, which brings the total amount secured by the company since its founding to $38m, will be used to bolster CliQr's expansion globally. The company is looking forward to taking another step closer to providing an efficient hybrid cloud platform that manages the entire lifecycle of applications and users on clouds.
CliQr's secret sauce is that it can enable businesses to efficiently migrate, govern and manage one-to-many applications, users, and clouds. The company's application-centric IT de-couples applications from the complexity of hybrid cloud environments, allowing them to be fluidly moved and managed to and between any cloud.
"CliQr built its technology and reputation by listening to customers about their requirements for the cloud," said Gaurav Manglik, CEO and Co-founder of CliQr. "To meet our customers' needs, we are delivering on our vision for unshackling applications from the complexity of ever-changing hybrid cloud environments. Our approach is validated by a strong product platform, enterprise customers, worldwide partners and top-tier investors. We're ready to put this new investment to work by helping us expand globally to meet skyrocketing demand for our platform," Manglik said.

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