Virtualization data management software maker Actifio has raised $33.5 million in a Series C financing round led by Andreessen Horowitz, with previous backers North Bridge Venture Partners, Greylock Partners and Advanced Technology Ventures participating. Founded in 2010, the startup has secured a total of $57.5 million in venture capital funding to date. Actifio bills itself [...]
Posted on December 5th, 2011 by admin
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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
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Virident, a company that offers flash-based storage solutions for enterprise, announced today that it has closed a $21 million series C funding round. The investment was led by Globespan Capital Partners, with strategic investments from Intel Capital, Cisco and contributions from existing investors, Sequoia Capital and Artiman Ventures. The series C round brings Virident to [...]
Posted on November 10th, 2011 by admin
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Workers of the world, get ready to meet your robot supervisors. A new service called Humanoid wants to turn you into a “robot-supervised army” that it will rent out for $5 an hour. It already has 20,000 workers lined up for today’s launch. Humanoid comes out of a startup called Speakertext, which uses a mixture [...]
Posted on November 2nd, 2011 by admin
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Enterprise relationship management startup Datahug has scored $1.5 million in a seed funding round led by Ireland-based Oyster Technology Investments, with Silicon Valley super angel investor Ron Conway chipping in. To learn more about its product, check out my earlier post: DataHug Aims To Map Digital Business Relationships. The company last year won the Dublin [...]
Posted on November 1st, 2011 by admin
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Exclusive – BlueCava, a startup that has developed technology that enables its customers to identify unique connected devices such as smartphones, TV set-top boxes, gaming consoles, computers and more, has raised $9.5 million in funding in a round led by VC firm S3 Ventures. Earlier backers, angel investors and billionaires Mark Cuban and Tim Headington, [...]
Posted on October 25th, 2011 by admin
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GramercyOne, a New York City-based provider of cloud-based business management and marketing software, has secured $14.5 million in Series A financing. The funding round was led by Revolution Ventures (which is chaired by AOL founder Steve Case) with participation from Grotech Ventures, TDF and Jubilee Investments. Launched in 2010, GramercyOne offers a product called Booker [...]
Posted on October 21st, 2011 by admin
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The “reduction in workforce” telegraphed by HP a few weeks ago appears to finally be taking place, according to a source inside the company. Apparently the formal emails have gone out and the entire San Diego Software unit is being rolled up. The number laid off is around 500, which tallies with previous estimates of [...]
Posted on October 12th, 2011 by admin
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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
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Checkmarx, an Israeli provider of static application security testing solutions, this morning announced that it has raised an undisclosed amount of financing in a round led by earlier backer Ofer Hi-Tech, with participation from cloud computing company Salesforce.com. The additional capital will be used to promote Checkmarx’s cloud-based source code scanning service CxCloud and ramp [...]
Posted on October 11th, 2011 by admin
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