Numecent, a stealth startup building a patented “cloudpaging” technology, just raised $2 million in Series A funding from undisclosed corporate investors. The $2 million tranche is a part of a larger $10 million funding round, and is in addition to the $7.5 million in seed funding the company has already raised from private investors. Exact [...]
Posted on February 1st, 2012 by admin
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Sumo Logic, a startup focused on enterprise log management and analytics, has raised $15 million in Series B funding round led by Sutter Hill Ventures, with participation from previous investors Greylock Partners and angel investor Shlomo Kramer. The new funding brings the startup’s total venture capital backing to $20.5 million. Today, Sumo Logic emerged from [...]
Posted on January 31st, 2012 by admin
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Venture capital firm Battery Ventures this morning announced that it has made an investment in Continuuity, a stealth ‘big data’ startup founded by Battery entrepreneur-in-residence Todd Papaioannou (formerly VP and Chief Cloud Architect for Yahoo). Andreessen Horowitz, Ignition Partners and a group of angel investors including Bob Pasker, Paul Ambrose, Matt Ocko and The Data [...]
Posted on January 27th, 2012 by admin
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In September 2010, HP acquired Fortify Software for what Forbes reported was about $265 million and was later folded into HP’s Software Division. Founded in 2003, Fortify makes products and services designed to protect companies from security threats in business software applications, and raised $40 million in 2003 from Kleiner Perkins and Sigma Partners. Today, [...]
Posted on January 21st, 2012 by admin
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Enterprise-focused cloud performance analytics company Tidemark, formerly known as Proferi, has raised $24 million in new funding led by Redpoint Ventures with existing investors Greylock Partners, Andreessen Horowitz and Dave Duffield, co-founder and co-CEO of Workday participating. This brings the total amount raised to more than $35 million. Redpoint partner Geoff Yang will join Tidemark’s [...]
Posted on January 21st, 2012 by admin
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US-based desktop virtualization software maker DeskStream has acquired Northern Irish cloud start-up WorldDesk, the companies are set to announce today at CES in Las Vegas. Terms of the acquisition, which is expected to close this quarter, were not disclosed. Interestingly, the acquisition will see DeskStream adopt the WorldDesk name and branding. Read more at TechCrunch [...]
Posted on January 13th, 2012 by admin
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Editor’s note: This post was written by guest contributor Aaron Levie, CEO and co-founder of Box.net. You can read his previous posts here. One of two things is going to happen in 2012: either the world is going to end as the Mayans predicted, or people are finally going to start to see enterprise software as cool [...]
Posted on January 1st, 2012 by admin
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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
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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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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
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