Summary:

PiCloud, a Sunnyvale, Calif.-based company that is developing a python-based platform as a service (PaaS) has raised $1.4 million in its first round of funding. Investors in PiCloud co-founded by Ken Elkabany (CEO) and Aaron Staley, include Greylock Ventures, Kleiner Perkins Caufield Byers and Andreessen Horowitz.

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PiCloud, a Sunnyvale, Calif.-based company that’s developing a python-based platform as a service (PaaS) has raised $1.4 million in its first round of funding. Investors in the company, co-founded by UC Berkeley graduates Ken Elkabany (CEO) and Aaron Staley, include Greylock Ventures, Kleiner Perkins Caufield Byers and Andreessen Horowitz.

PiCloud is joining the ranks of fast-growing start-ups, such as San Francisco-based Heroku, in providing a platform for app developers. Much like Heroku, PiCloud runs on Amazon Web Services platforms and is optimized for Python programming language. The company is going to extend its offering to Rackspace and currently offers installation for private datacenters.

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