Oracle, a Nasdaq-listed database provider, has agreed to acquire Nimbula, a US–based provider of private cloud infrastructure management software, for an undisclosed amount.
In August 2010, Nimbula raised $15m in its series B round from venture capital firms Accel Partners and Sequoia Capital, which incubated and seeded the company then-known as Benguela with $5.75m. Cloud provider VMWare also reportedly seeded the company according to news provider ReadWriteWeb.