Thursday September 9, 2010

Connotate Scores $5.25M, Helps Companies Collect And Understand Data

Connotate, which aims to help companies collect data and content from the Web and transform this unstructured data into actionable enterprise intelligence, this morning announced that it has raised $5.25 million in venture capital from .406 Ventures.
Based on technology developed at Rutgers University, Connotate provides customized real-time Web information extraction capabilities that help organizations [...]

Fujitsu, Salesforce Expand Partnership To Help Companies Move To The Cloud

Fujitsu and Salesforce.com today announced that they are expanding their global 7-year partnership, establishing the IT company as one of Salesforce’s global systems integrators.
Fujitsu in a statement said it will be making significant investments in bolstering its consulting and sales capability.
So far, the company adds, more than 200 customers around the world in the [...]

Cloud Sherpas Raises $1 Million To Help Migrate Companies To Google Apps

Cloud Sherpas, a Google Apps reseller that also helps enterprises migrate to and manage the productivity suite, has raised $1 million in funding from Hallett Capital and other investors. The startup has also brought on a new CEO, Jon Hallet (who was the lead investor in the round) to lead the company. Cloud Sherpas’ founder, [...]

Symantec Shells Out $370 Million For Data Encryption Companies PGP and GuardianEdge

Security software giant Symantec has acquired two email and data encryption companies this morning. Symantec purchased PGP Corporation for approximately $300 million in cash and acquired GuardianEdge for approximately $70 million in cash. The deals are expected to close in June.
Clearly, both acquisitions aim to boost Symantec’s data encryption technology. Both PGP and [...]

HyTrust Raises $10.5 Million To Help Companies Virtualize Systems

HyTrust, which helps companies manage and control virtual infrastructure, has secured $10.5 million in Series B funding from Granite Ventures and Cisco Systems. Existing investors Trident Capital and Epic Ventures also participated in the round. The latest round of funding brings the HyTrust’s total funding to $16 million.
HyTrust says it will use the new [...]

CIO and companies look towards virtualization solutions

Virtualization management is
increasingly more important as CIOs and companies look for every way possible to
extract as much value as they can from their IT investments. For many, the
answer is next generation tools that deliver proactive monitoring and predictive
capacity analysis to enhance the most popular virtualization solutions and
improve the odds of a fast return on investment [...]