6fusion, a fledgling company that has developed a system to take control of third party computing resources, this morning announced that it has raised a $3 million round of venture capital financing. In addition, the startup announced it has relocated to the Research Triangle region of North Carolina.
The $3 million Series A round was led [...]
Posted on August 23rd, 2010 by admin
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Actifio, a company that specializes in data management virtualization solutions, this morning announced that it has raised $8 million in Series A funding in a round led by North Bridge Venture Partners and Greylock Partners.
With the funds, Actifio intends to ramp up sales and marketing efforts.
Actifio isn’t giving much detail on how its [...]
Posted on July 22nd, 2010 by admin
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Data center automation company Puppet Labs this morning announced that it has raised $5 million in funding, bringing the total amount of capital invested in the fledging startup to $7 million.
Kleiner Perkins Caufield & Byers led the Series B round, while existing investors True Ventures and Radar Partners – which participated in the Series A [...]
Posted on July 19th, 2010 by admin
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Long before he was part of the powerful investing duo behind venture fund Andreessen Horowitz, Ben Horowitz was a co-founder and CEO of Opsware (previously known as Loudcloud) a pioneer for cloud computing companies (Opsware was eventually sold to HP in 2007 for $1.6 billion). He’s considered an expert in the cloud so his [...]
Posted on July 17th, 2010 by admin
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Cloud infrastructure company Joyent has acquired Vancouver-based Layerboom Systems, a startup that provides a software to hosting companies that allows them to build and sell virtual private server clouds. Terms of the deal were not disclosed.
According to a release, the acquisition will allow Joyent to offer expanded cloud infrastructure services to customers by adding [...]
Posted on July 15th, 2010 by admin
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Cloud Platform startup Morphlabs has raised $5.5 million in Series B funding led by Global Gateway Investment Group with Frontera Group, CSK Venture Capital, and AO Capital Partners participating. This brings the company’s total funding to $7 million.
Morph Labs offers a Platform as a Service (PaaS) that virtualizes the application environment through the use [...]
Posted on July 15th, 2010 by admin
Filed under: Uncategorized | 1 Comment »
Long before he was part of the powerful investing duo behind venture fund Andreessen Horowitz, Ben Horowitz was a co-founder and CEO of Opsware (previously known as Loudcloud) a pioneer for cloud computing companies (Opsware was eventually sold to HP in 2007 for $1.6 billion). He’s considered an expert in the cloud so his [...]
Posted on July 13th, 2010 by admin
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Inform Technologies, a New York-based developer and provider of semantic web solutions, this morning announced it has secured $4 million in a Series A funding round led by previous backers Spark Capital, The Stephens Group, and The Oklahoma Publishing Company.
In addition, the startup has announced that Tony Dunaif, former SVP at Internet Broadcasting, has joined [...]
Posted on June 21st, 2010 by admin
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Big Blue is close to buying real-time data compression startup Storwize for $140 million, according to Israeli newspaper The Marker.
Storwize offers a real-time data compression technology that aim to boost storage space on network storage environments. Storwize appliances are installed between the organization’s storage arrays and their network and promises two to five times [...]
Posted on June 15th, 2010 by admin
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Ruby Cloud Platform as a Service provider Heroku has raised $10 million in Series B funding led by Ignition Partners with existing investors Redpoint Ventures, Baseline Ventures, and Harrison Metal Capital participating. John Connors, General Partner with Ignition and former CFO/CIO of Microsoft has joined the company’s board of directors. This brings the company’s total [...]
Posted on May 14th, 2010 by admin
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