Between data analytic requirements and consolidation initiatives, there is a rapid increase in the use of structured data storage, and the amount of data stored in this way. The information stored in enterprise databases is increasingly sensitive and subject to legal, regulatory and other compliance requirements. In addition, many enterprises continue to rely on inadequate [...]
Posted on October 1st, 2011 by admin
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Opera Solutions, not to be confused with browser maker Opera Software, has raised a whopping $84 million in its very first round of outside equity funding. According to the Wall Street Journal, the round values the company at half a billion dollars. The company, which is in the business of ‘Big Data’ analytics, got a [...]
Posted on September 15th, 2011 by admin
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10gen, a company which offers enterprises a big data database built off of MongoDB, has raised $20 million in financing, led by Sequoia Capital and with participation from 10gen’s other existing investors Flybridge Capital and Union Square Ventures. This brings the company’s total funding to over $30 million. Similar to the way Cloudera commercializes Apache [...]
Posted on September 13th, 2011 by admin
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When criminals compromise financial institutions and other corporate targets, often the victims like to keep it as quiet as possible. At least the new wave of very public assaults shines a bright light on the poor state of security. Businesses, government agencies, and educational institutions reported 50 percent more data breaches in 2008 than in [...]
Posted on September 12th, 2011 by admin
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Platfora, a startup focused on bringing businesses intelligence from big data, raised $5.7 million in Series A funding
led by Andreessen Horowitz with intelligence technology company In-Q-Tel participating. Andreessen Horowitz General Partner Scott Weiss is joining the board as part of the investment. Ben Werther, founder and CEO of Platfora, explains that
Hadoop one of [...]
Posted on September 8th, 2011 by admin
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IBM is announcing the acquisition of i2, a company that provides intelligence and investigation management software for law enforcement, defense, national security and private sector organizations. Financial terms were not disclosed. With more than 4,500 customers in 150 countries, i2 is provides intelligence analytics for crime and fraud prevention in sectors such as banking, defense, [...]
Posted on September 3rd, 2011 by admin
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SynapSense, which provides solutions that help data centers and large corporations improve the energy efficiency of their infrastructure, has raised $16 million in Series C financing. The round was led by Crosslink Capital, with participation from Sequoia Capital, Aeris Capital, Emerald Technology Ventures, GE Energy Financial Services, Nth Power and Robert Bosch VC. SynapSense offers [...]
Posted on July 24th, 2011 by admin
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Dell this morning announced that it will be acquiring Force10 Networks, which specializes in data center networking solutions, to ramp up its enterprise offerings. Terms of the transaction, which is subject to customary conditions, were not disclosed. The deal is expected to close in late summer. Based on revenue from the past 12 months, Force10 [...]
Posted on July 23rd, 2011 by admin
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Oracle this morning announced that it has agreed to buy Pillar Data Systems, a privately-held provider of SAN Block I/O storage systems based in San Jose, California, which is said to serve nearly 600 customers across 24 countries. Financial terms of the acquisition were not disclosed. An interesting purchase, particularly since Pillar Data Systems is [...]
Posted on June 30th, 2011 by admin
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Basho Technologies, a data storage and management software startup serving the enterprise market, this morning announced that it has raised $7.5 million in Series D funding. In addition, Basho announced that its board of directors has named Donald J. Rippert, long time CTO of Accenture, as the company’s new president and chief executive officer. In [...]
Posted on June 29th, 2011 by admin
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