May 2014

 

Secure Cloud Provider FireHost Got $25 Million in Series E

30 May 2014, Posted by Rayboy Insider Search in Startups

FireHost_forLight_huge-640x149FireHost, Inc., a secure cloud company, announced a $25 million Series E funding round led by its, $2 million in 2010 longtime investment partner, The Stephens Group, LLC.

The latest round fuels FireHost’s global growth as the leading secure cloud provider, helping customers with compliance and security needs – from healthcare to retail companies – protect critical applications and data.

The funding is reflective of FireHost’s growth, due in large part to the security technology it pioneered that differentiates its secure cloud business from other competitors as well as its uncompromising perspective that companies should implement secure cloud operating practices and not settle for checkbox compliance. FireHost has doubled revenue in each of the past three years.

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Maxta With $25 Million in Series B, Total at $35 Million

28 May 2014, Posted by Rayboy Insider Search in Startups

shxne1PM_400x400Maxta,Inc., developer of the VM-centric storage platform MxSP that turns standard servers into a converged compute and storage solution for virtualized environments, announced that it has closed a $25 million Series B funding round led by new investors Tenaya Capital and Intel Capital.

Existing investor Andreessen Horowitz also participated in this round.

Maxta will use the new funding to increase its investment in product development and to expand its marketing, sales and support efforts.

The Maxta Storage Platform is a hypervisor-agnostic, highly resilient enterprise storage platform for the virtual data center. It integrates with server virtualization at all levels from user interface to data management, while supporting all possible deployments of virtual data centers, including private, public and hybrid clouds. Through its software-only solution, Maxta turns standard servers into a converged compute and storage solution. This results in simplicity and economics eliminating the need for traditional storage arrays in the virtual datacenter.

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Igneous Systems Closes $23.6 Million in Series A

26 May 2014, Posted by Rayboy Insider Search in Startups

Igneous Systems, Inc., a company that is reimagining the future of rapidly-expanding data center infrastructures, announced it has closed a $23.6 million Series A financing round led by New Enterprise Associates (NEA) with participation from Madrona Venture Group, Redpoint Ventures and Isilon Systems co-founder, Sujal Patel.Igneous-logo

The company had previously raised a $3 million seed round led by Madrona Venture Group with participation from Redpoint Ventures. The company will use the funding for product development and for significant expansion of its engineering and leadership teams.

As part of the funding, Ron Bernal, venture partner at NEA, joins the board of directors.

“With heavyweights like Microsoft, Amazon, F5 Networks, and EMC Isilon, Seattle is becoming a tech mecca in its own right, particularly when it comes to cloud technologies,” said Matt Mcllwain, MD, Madrona Venture Group. “Igneous brings together three of Seattle’s leading technology visionaries, who have already set about building a world-class team comprised of top talent from cloud pioneers including Amazon Web Services. We are excited to have seeded and incubated Igneous and look forward to playing a role in the success of Seattle’s next great enterprise technology company.”

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Load DynamiX, Formerly SwiftTest, Closes $12 Million Financing Round

23 May 2014, Posted by Rayboy Insider Search in Startups

10336726_689052487817900_6204261291103583301_nHaving established itself as supplier of storage performance validation solutions to the storage and network technology vendors, Load DynamiX expanded its focus to enterprise IT and cloud service provider organizations in 2013.

The company recently released the Load DynamiX Enterprise Series solutions that combine advanced storage workload modeling and extreme load generation into an integrated 2RU appliance designed to meet the needs of Global 1000 companies.

The company’s enhanced product line now provides deep storage infrastructure insight that enables IT managers and architects to optimize the performance, availability and cost of their networked storage infrastructures. The company’s goal is to help accelerate the adoption of new storage technologies, such as flash storage, and eliminate the risk of performance problems via its advanced workload modeling and performance validation solutions.

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IBM Named Top IaaS Provider

21 May 2014, Posted by Rayboy Insider Search in Blog

IBM-companyIBM, HP, Cisco, and AT&T are the preferred infrastructure-as-a-service (IaaS) providers, topping the likes of Amazon Web Services, Microsoft, or Rackspace, according to a new IDC report on enterprise cloud computing.

In a key finding, the report says, “buyers selected IBM as their overall top preference among providers they believe can most effectively provision IaaS, whether private or public. Following IBM in the top spots were Cisco, HP, AT&T, and Google.”

The report, “U.S. Buyers Rank IBM, Cisco, HP, AT&T, and Google as Likely Most Effective Top 5 Providers in Delivering IaaS,” is IDC’s first Public Cloud Tracker report. It was authored by IDC analyst David Tapper. Tapper defined infrastructure-as-a-service as either shared, multi-tenant servers in the cloud (public IaaS) or dedicated servers in the cloud (private IaaS). Rackspace and IBM’s SoftLayer unit provide dedicated servers to customers who want greater isolation than multi-tenant servers allow.

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Adobe Creative Cloud Crashes, Is Restored

19 May 2014, Posted by Rayboy Insider Search in Blog

If you can’t log onto a cloud-based application, is it still really there?cc-overview-poster-940x450

That’s the conundrum many of the 1.84 million paid Adobe Creative Cloud subscribers faced on Wednesday night into Thursday as they found they could not log into the cloud-based home for Flash, Illustrator, InDesign, Muse, Photoshop, and other Adobe creative tools.

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CloudLock, in Cloud Security, Raises $16.5 Million Series C Round

14 May 2014, Posted by Rayboy Insider Search in Startups

CloudLock, Inc., a cl2-CloudLock%20Hi-Res%20Logooud data security company, announced raised $16.5 million in a Series C funding round from new investor Bessemer Venture Partners, and participation of existing investors Cedar Fund, and Ascent Venture Partners.

In 2013, CloudLock experienced another consecutive year of growth in helping enterprises of all size and in all verticals overcome their security obstacles to cloud adoption, across multiple cloud platforms like Google Apps and Salesforce. Its people-centric security automation approach, with a SaaS content-aware and policy-based solution, allows customers to enforce their own security, governance, and compliance requirements, on their data and users in the cloud, without diminishing the functionality of the platforms they protect or disrupting the end-user experience.

“As corporate data begins to live on the cloud, the question of managing and securing data has become one of paramount concern. IT departments now struggle to gain the visibility and control they had when data and applications lived on-premise. That’s where CloudLock comes in,” said Bob Goodman, partner, Bessemer Venture Partners. “We think they have the right product at the right time and the right people to make Cloudlock a success.”

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Nuance Adds Radiology Image Sharing To Healthcare Cloud

12 May 2014, Posted by Rayboy Insider Search in Blog

healthcare-cloudHaving won a strong following among radiologists who would rather dictate than type diagnostic reports on the images they read, Nuance Communications is branching out with a cloud service aimed at the images themselves.

The Nuance PowerShare Network announced this week is specialized file sharing for radiology images, offered as an extension of the PowerScribe 360 service. Nuance is best known as a vendor of voice recognition technology, including a series of products aimed specifically at healthcare professionals, and PowerScribe 360 extends that capability with online workflow for routing reports to support staff members or back-end service providers who can correct transcripts and get the data from the reports recorded correctly in electronic health records and insurance claims.

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OpenStack’s French Connection: eNovance

09 May 2014, Posted by Rayboy Insider Search in Blog

enovanceOne of the few services available for implementing OpenStack clouds is eNovance, a major contributor to the OpenStack project. Like other major contributors Red Hat, Rackspace, and Mirantis, it’s also a member of the OpenStack Foundation board of directors.

Unlike those firms, however, eNovance is based in Europe, with offices at 10 rue de la Victoire in Paris. It’s the only European member of the board, and typically the seventh largest contributor of modules of code to OpenStack.

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Actifio Secures $100 Milllion, Total at $207.5 million

05 May 2014, Posted by Rayboy Insider Search in Startups

actifio_logoActifio Inc. has secured an oversubscribed $100 milllion funding round led by Tiger Global Management, LLC, with participation from current investors North Bridge Venture Partners, Greylock Israel, Advanced Technology Ventures, Andreessen Horowitz, and Technology Crossover Ventures.

Actifio will use the funds to accelerate expansion of market coverage, global brand development, and product feature enhancements in its data management solution for virtualized and cloud IT architectures.

“From the start we have focused on building the next great technology brand with a singular focus on delighting our customers with revolutionary technology, enterprise service, and transformative business results,” said Ash Ashutosh, founder and CEO, Actifio. “Having shone a light on the $46 billion global copy data problem, we will use this funding round to expand our copy data virtualization solution across the Global 2000; enable our cloud service provider partners to build thriving businesses powered by Actifio; and extend the reach of our technology down into an even broader base of the mid-market.”

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