Silicon Valley-based database infrastructure software maker ScaleArc has secured $5.33 million in its second round of institutional funding, which was led by Trinity Ventures, with earlier backer Nexus Venture Partners participating. In addition, ScaleArc announced the appointment of Justin Barney, who previously ran sales divisions at companies like Citrix and Juniper Networks, as president and […]
Posted on December 20th, 2011 by admin
Filed under: Uncategorized | No Comments »
BestVendor, which aims to create an online resource where business professionals can exchange recommendations for work-related software and services, has raised $3 million in Series A funding. The financing round was co-led by RRE Ventures and SoftBank Capital, with previous backer Lerer Ventures, Founder Collective’s David Frankel, David Tisch (who heads TechStars NYC), and Old […]
Posted on December 20th, 2011 by admin
Filed under: Uncategorized | 1 Comment »
VMware, whose core products specialize in virtualizing Windows and Linux workloads, is making some interesting maneuvers in the Platform as a Service (PaaS) space with their Cloud Foundry offering. a href=”http://www.cloudfoundry.com”>CloudFoundry.com is a hosted PaaS solution, in which people can deploy and run their web apps without ever mucking around with the underlying OS or […]
Posted on December 19th, 2011 by admin
Filed under: Uncategorized | 2 Comments »
London, 15 December, 2011 – Exact, a leading global supplier of business software, has launched Exact Globe Next. This next generation business software combines the administrative capabilities of Exact Globe with the collaboration features of Exact Synergy and an automated alerting system. Exact Globe Next connects employees and enables businesses to run more efficiently by […]
Posted on December 16th, 2011 by admin
Filed under: Uncategorized | No Comments »
Well, it’s been an interesting last few weeks (and last few years, for that matter) for Israeli-headquartered video-conferencing specialist, RadVision. Acquisition rumors are currently swirling around the company, based on Israeli newspaper Globes’ report that the company is in ‘advanced’ talks with Avaya, a business collaboration and communications company, for a sale of approximately $200 […]
Posted on December 16th, 2011 by admin
Filed under: Uncategorized | No Comments »
ADTRAN this morning announced that it is to acquire Nokia Siemens Networks’ fixed line Broadband Access business, all associated services and network management solutions, intellectual properties, technologies and the established customer base. Financial terms of the acquisition were not disclosed. The news comes right after Nokia Siemens Networks announced that it would be laying off […]
Posted on December 15th, 2011 by admin
Filed under: Uncategorized | No Comments »
PowerCloud Systems, a spin-out of Palo Alto Research Center (PARC) that offers a ‘networking-as-a-service’ platform for OEMs and service providers, has raised $6 million in Series B funding in a round led by Qualcomm Ventures, with prior backers Walden Venture Capital, Javelin Venture Partners and PARC participating. The capital will be used to enhance the […]
Posted on December 15th, 2011 by admin
Filed under: Uncategorized | No Comments »
Database virtualization startup Xeround has raised $9.3 million in Series C funding Benchmark Capital, Giza Venture Capital, Ignition Partners and Trilogy Partnership. This brings the startup’s total funding to over $30 million. Xeround offers a cloud database-as-a-service for MySQL-based applications. Currently the service is offered for EC2 MySQL databases, as well as Rackspace-MySQL and Heroku-MySQL […]
Posted on December 14th, 2011 by admin
Filed under: Uncategorized | No Comments »
Cambridge, UK-based ip.access, which offers femtocell and picocell solutions to mobile operators worldwide, has raised $15 million in new funding from some of its previous investors. The financing round comes from Intel Capital, Cisco, Qualcomm, Amadeus Capital Partners, Rothschild & Cie Gestion, Scottish Equity Partners and TE Connectivity. ip.access CEO Simon Brown says the capital […]
Posted on December 14th, 2011 by admin
Filed under: Uncategorized | No Comments »
Apple is reportedly going to use part of its enormous pile of cash to buy an Israeli fabless semiconductor company that specializes in flash storage solutions. Calcalist reports – in Hebrew – that the world’s most valuable company is in talks to buy Herzliya Pituach, Israel-based Anobit for $400 million to $500 million. If the […]
Posted on December 13th, 2011 by admin
Filed under: Uncategorized | No Comments »
