Menlo Park-Based Onset Ventures Leads $6M Round for Cloud Cruiser

Menlo Park, Calif. -- Onset Ventures, a Menlo Park-based venture capital firm, said on Wednesday it has led a new $6 million round of funding for Roseville-based Cloud Cruiser, a developer of cloud cost intelligence tools. Previous backer Wavepoint Ventures also contributed to the round, which the company will use to accelerate product development and expand its domestic and international go-to-market activities. Cloud Cruiser's software is designed to deliver cost intelligence based on granular, enterprise-wide resource usage and spending across public, private and hybrid cloud environments. Terry Opdendyk, the founder of Onset Ventures, will join the company's board of directors.
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http://www.cloudcruiser.com/newsevents/press/2012/pr20120612.html