Wednesday, October 31, 2012

Blue Box Gets $3.5M

Blue Box, the cloud hosting and managed services firm headed by Jesse Proudman, has raised a $3.5M, Series A funding round, the firm said Wednesday. The round was led by Voyager Capital. As part of the funding, Bill McAleer has joined the company's board. Blue Box said the funding will go towards product innovation, engineering talent, and marketing and sales. Blue Box--whose client list include MTV, VH1, Seeking Alpha, Pivotal Tracker, Agawi, and Crowdstar--has been around since 2003 providing managed hosting; the funding is the firm's first equity round. More information »