Pivotal, the platform as a service company spun out from VMware and EMC three years ago, today announced plans to close a series C financing round worth $ 253 million led by Ford, Microsoft and its existing investors GE and its two parent companies.
Pivotal is one of the leading vendors behind the Cloud Foundry PaaS, the commercialized version of the open source project. Cloud Foundry provides an environment for developers to build applications; it provisions the infrastructure needed to run and scale them.
Perhaps most interesting about the announcement are the new investors: Ford and Microsoft. Ford follows GE as an investor in the company, indicating its heavy use of CF and its desire to ensure the company’s future viability and success. Ford last week launched FordPass, a consumer platform that the company says was built with Pivotal.