IT infrastructure solutions provider Internap this morning announced its acquisition of privately-held Voxel, an enterprise hosting and cloud services company based in NYC, for $30 million in cash. Under the terms of the deal, an additional $5 million in cash could be put on the table over the next two years, subject to certain performance-based [...]
Posted on January 8th, 2012 by admin
Filed under: Uncategorized | No Comments »
Enterprise cloud file sharing company Accellion has raised $12 million in a new Series 3 round from private equity firm Riverwood Capital. The company will use the additional funding to accelerate growth, invest in enterprise mobile file sharing products, pursue partnerships and international expansion. Founded in 1999, Accellion’s cloud-based solutions span public, private and hybrid cloud deployment, for [...]
Posted on January 4th, 2012 by admin
Filed under: Uncategorized | No Comments »
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 | 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 »
ServiceMesh, an enterprise cloud platform has raised $15 million in funding from Ignition Partners. Frank Artale, a partner at Ignition, will join the ServiceMesh board of directors. This is ServiceMesh’s first round of institutional funding. The ServiceMesh Agility Platform helps enterprise customers with self-service provisioning and management of standardized and fully governed infrastructure as a [...]
Posted on November 17th, 2011 by admin
Filed under: Uncategorized | No Comments »
Back in July, a new cloud computing and productivity platform called CX.com raised $5 million from Eric Schmidt’s Tomorrow Ventures and Hanna Capital, bringing the startup’s total funding to $10 million. This is pretty impressive considering the company largely has been flying under the radar since its launch earlier this year. But CX is now [...]
Posted on November 9th, 2011 by admin
Filed under: Uncategorized | No Comments »
Tidemark, formerly known as Proferi, has closed a $4 million Series B round from existing investors Greylock Partners, Andreessen Horowitz and Dave Duffield, co-founder and co-CEO of Workday and founder of PeopleSoft, bringing the total amount raised to more than $11 million. Tidemark formerly debuted last year as stealth startup Proferi, but has rebranded today under [...]
Posted on October 22nd, 2011 by admin
Filed under: Uncategorized | No Comments »
TwinStrata, which offers cloud-based data storage, backup and disaster recovery solutions, this morning announced that it has secured $8 million in a Series B round of funding led by Avalon Ventures. The company will use the fresh capital to ramp up sales and marketing efforts for its CloudArray solution. TwinStrata’s CloudArray cloud storage gateway connects [...]
Posted on October 13th, 2011 by admin
Filed under: Uncategorized | No Comments »
Cloud storage platform Box.net has raised $81 million in Series D funding from strategic investors Salesforce.com and SAP Ventures with Bessemer Venture Partners, NEA, and prior investors including Andreessen Horowitz and Draper Fisher Jurvetson Growth participating in the round. The new investment brings Box’s total capital raised to $162 million (the $50 million round we reported [...]
Posted on October 11th, 2011 by admin
Filed under: Uncategorized | No Comments »
IT professionals surveyed reported that 65 percent of organizations frequently experienced data loss from a virtual environment. This represents a 140 percent increase in virtual data loss when compared to a similar survey last year. Other key findings indicate that 53 percent of those surveyed experienced five virtual data loss incidents in the past year [...]
Posted on October 10th, 2011 by admin
Filed under: Uncategorized | No Comments »
