Existing investors give support to another round of expansion

REDWOOD CITY, Calif., June 29 — Abiquo, the leading Enterprise Cloud software company, today announced that it has raised approximately $3 million in funding led by existing investors Balderton Capital and Nauta Capital. The funding will be used to further expand Abiquo's global sales and marketing efforts.

Abiquo is the simplest path to enterprise cloud, providing a powerful, balanced solution for both IT operations teams and end users. Abiquo combines physical and virtual orchestration, governance, and self-service access in one hypervisor agnostic platform. Abiquo customers manage their global resources through a class leading user interface.

"We are delighted to provide our continuous support to Abiquo," said Bernard Liautaud, partner at Balderton Capital and Director of the Board. "This additional influx will allow the company to take its growth to the next level and continue to expand sales throughout the globe."

About Abiquo

Abiquo delivers the industry's most advanced Enterprise Cloud software solution, enterprises and service providers to rapidly build and manage a fully automated and governed, self-service, multi-hypervisor cloud from globally deployed resources. Abiquo's award-winning solution has been highly rated in independent market and vendor reports by leading industry analyst firms, and its customer base includes many Global 2000 enterprises, government contractors and leading MSPs. Abiquo is privately held, and operates from headquarters in Redwood City, California, offices in Europe and Asia Pacific, and through its extensive global partner network. For more information, visit www.abiquo.com.

About Balderton Capital

Balderton Capital is one of the leading venture capital firms in Europe. Based in London, Balderton manages $1.9 billion in committed venture capital, and has invested in over 90 companies, principally in Europe but also in the US and Asia. Balderton focuses on the technology sector and notable investments include Bebo (acquired by AOL for $850m), Betfair (floated on the LSE in October 2010, valued at $2.1bn), ScanSafe (acquired by Cisco for $183m), LOVEFiLM (the home entertainment subscription service), YOOX Group (the global Internet retailing partner for leading fashion and design brands, listed in December 2009) and MySQL (acquired by Sun Microsystems for $1 billion).

About Nauta Capital

Nauta Capital is an international venture capital firm with offices in Barcelona and Boston. Nauta manages three funds with a total of $230 million under management. Nauta invests between $0.7 million and $8 million per company. Nauta's target companies for investment are in their very early stage of development (Seed Capital) and until more advanced stages of development (series A and series B financing rounds). Nauta has three main investment practices: Wireless/Mobility; Enterprise Software/Security; and ecommerce/Internet related businesses. The geographic scope for its investments covers Western Europe and the US. Nauta launched its new fund Nauta III in July 2009, with a size of $150 million. For more information, visit their website www.nautacapital.com.

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Source: Abiquo