Pivotal raises $253M led by Ford, Microsoft

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