ElasticBox raises US$ 9mn led by Nexus Venture

ElasticBox, the company that enables developers and enterprises to create, deploy and manage applications quickly and easily, is announcing that it has closed a nine million dollar Series A funding round. The Series A investment comes from Nexus Venture Partners and Intel Capital, who also participated in the company's seed funding round with a16z seed and Sierra Ventures.

“The cloud has fundamentally improved how people access and use infrastructure. But developing cloud based applications is still a lengthy, expensive and broken process that is stuck in the dark ages, like way back in the days of bare metal,” said CEO and co-founder of ElasticBox, Ravi Srivatsav. “ElasticBox empowers the developer with preconfigured Boxes that they can mix and match to create applications - similar to the way a DJ blends beats and samples to create new music. It brings Dr. Dre-like creativity to enterprise application development.”

ElasticBox has introduced a modular way to develop applications in the cloud through a new approach, using Boxes. Boxes are encapsulated, fully configured components of your application architecture that can be combined to create and run applications in the cloud.