CloudShare, training and demo developer, raises $10M

Anyone who has stood before an audience to present a software demo or a training session knows how difficult it can be to get the latest version on screen. CloudShare aims to simplify the process with an SaaS platform for hosting demos, tutorials and other forms of software-based presentations. The company just raised $10M in a series B round of venture funding; Sequoia Capital, Gemini Israel Funds, and Charles River Ventures participated.

The company said it has already delivered over one million hours of software presentations. CloudShare is targeting small and medium-sized companies that lack a large IT infrastructure for supporting sales and training.

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