Magnet 360

Minneapolis based enStratus, a global leader in the emerging field of Cloud Management and Security had a huge week, raising capital and adding more world class talent.

CloudAve reports that enStratus has raised $3.5 Million from El Dorado Ventures of Menlo Park, CA. Jeff Hinck of El Dorado will join their Board of Directors as well (http://www.cloudave.com/15777/enstratus-on-a-roll/).

Along with this funding success, Silicon Angle reports that industry heavyweights John Willis and James Urquhart are joining the enStratus team (http://siliconangle.com/blog/2011/11/01/two-big-talent-scores-for-enstratus-john-willis-and-james-urquhart/).

In a separate piece, Silicon Angle "EnStratus Founder George Reese literally wrote the book on cloud computing. The company he built has pretty much helped define infrasrtucture cloud management. It’s reputation is stellar." (http://siliconangle.com/blog/2011/11/04/will-citrix-buy-enstratus/)

For Magnet 360, its exciting to see enStratus get this attention. We've been with them since the very beginning and its phenomenal the growth they've had, the attention they've earned from clients and the industry. We are very excited to work with such talented members and bring their services to our customers.

(Note: enStratus is also one of the founding members of the Magnet 360 Network and Magnet 360 is an equity investor in the firm)