Wednesday, November 16, 2011

Ignition Partners Backs Cloud Firm ServiceMesh

Seattle-based venture capital firm Ignition Partners is having a busy month, and is backing a developer of cloud management software, ServiceMesh, this time in Southern California. ServiceMesh said this morning that it raised $15M in a funding round from Ignition Partners, in an investment led by Frank Artale. Artale joins the board of ServiceMesh with the funding. The funding is the fourth announced from Ignition Partners this month; the firm also has backed bid data firm Cloudera, mobile backend software firm Parse, and social gaming firm Mino Monsters, all in the last two weeks. More information »