Wednesday May 8, 2024

Narvar, A Service That Improves Online Post-Purchase Experiences, Raises $10M

 Narvar, a startup that enables companies to better engage with customers after online purchases, said it has raised $10 million. Narvar provides companies with software that improves the post-purchase experience. That can include a better interface when it comes to shipping, more detailed text updates, and then of course options to return products and buy new […]

Google Hopes Open Source Will Give Its Cloud A Path To The Enterprise

 “Google is not an enterprise company and we are trying to become cognizant of what the enterprise needs,” Craig McLuckie, Google’s product manager in charge of its Kubernetes and Google Container Engine projects, acknowledged during a panel discussion at the OpenStack Foundation’s annual Silicon Valley event today. Read More Tweet This Post

Hybrid Cloud Vendor Velostrata Comes Out Of Stealth With $14M Investment

 Velostrata, an early stage hybrid cloud startup, emerged from stealth today announcing a $14 million Series A investment. The round was led by Norwest Venture Partners and Greylock IL Partners. The company has a sophisticated hybrid cloud solution that decouples storage from compute resources, leaving the storage in place on-premises while running a virtual machine in the […]

More Layoffs For Intuit As Company Continues Realignment

 Intuit is laying off 249 employees, mostly in the company’s Small Business Group, according to an internal memo from CEO Brad Smith reviewed by TechCrunch. We first heard about the layoffs this morning, and Intuit also confirmed the layoffs to TechCrunch. In June, Intuit laid off 399 employees as part of a company realignment. Last week as […]

Hortonworks Acquires Onyara, Early Startup With Roots In NSA

 Hortonworks, the big data company built on Hadoop, bought early-stage startup Onyara today. The company, which launched at the end of last year, has its roots in the NSA — yes that NSA. The Onyara engineers worked at the NSA for 8 years helping to develop a technology that would later be known as Apache NiFi. The NSA […]

ClearSky Data Exits Stealth With Novel Approach To Cloud Storage

 ClearSky Data emerged from stealth today, offering an unusual approach to storage and data lifecycle management. It wants to combine the speed of on-premises storage with the cost and elasticity of a cloud service. While it’s a fully managed service, it involves several layers of storage with an on-premises piece, a local cloud data facility, and longer […]

Mirantis Announces Second Straight $100m Round And Intel Partnership

 Last October, Marantis, the pure-play OpenStack vendor announced a $100 million round. Just 10 months later, it’s back with an identical announcement. This time the investment is led by Intel Capital and includes a partnership with Intel to help accelerate OpenStack in the enterprise. Goldman Sachs, August Capital, Insight Venture Partners, Ericsson, Sapphire Ventures and… Read More Tweet […]

Dropbox’s Wall Street Challenge

 Dropbox boasts a valuation in the $10 billion range. Last February the company hired a new CFO, which for many startups is a signal that their IPO moment is coming sooner rather than later. Nobody knows for sure of course, and Dropbox isn’t talking, but if the company does decide to move forward with a […]

A Look At Startup Opportunities In The Container Era

 The DockerCon user conference recently concluded in San Francisco, and the evidence of the container movement gaining momentum was clear — 2,000+ attendees, 70 sponsors and more than 40 exhibitors. Add to this the approximately $500 million of VC investment in container-related companies to date; the lists of hot startups that are beginning to appear; […]

Platform9 Raises $10M In Series B Funding For Its OpenStack Deployment And Management Service

 Platform9, a service that aims to make it easier for businesses to launch an OpenStack private cloud on their existing servers, today announced that it has raised a $10 million Series B funding round led by Menlo Ventures and with participation from previous investor Redpoint Ventures. This round brings the company’s total funding to $14.5 […]