Monthly Archives: May 2014

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Secure Cloud Provider FireHost Got $25 Million in Series E

FireHost, 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 [...]

2014-05-23T14:17:41+00:00

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

Maxta,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. [...]

2014-05-23T14:16:14+00:00

Igneous Systems Closes $23.6 Million in Series A

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. The company had previously raised a [...]

2014-05-23T14:14:25+00:00

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

Having 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 [...]

2014-05-23T13:45:33+00:00

IBM Named Top IaaS Provider

IBM, 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 [...]

2014-05-23T13:44:00+00:00

Adobe Creative Cloud Crashes, Is Restored

If you can't log onto a cloud-based application, is it still really there? 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 [...]

2014-05-23T13:42:17+00:00

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

CloudLock, Inc., a cloud 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 [...]

2014-04-21T13:18:16+00:00

Nuance Adds Radiology Image Sharing To Healthcare Cloud

Having 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 [...]

2014-04-21T12:25:39+00:00

OpenStack’s French Connection: eNovance

One 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 [...]

2014-04-21T12:15:12+00:00

Actifio Secures $100 Milllion, Total at $207.5 million

Actifio 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 [...]

2014-04-21T12:55:30+00:00
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