Cloud Computing
Cloudant, provider of a globally distributed database-as-a-service (DBaaS), today announced $12 million in series B funding from Devonshire Investors, the private equity firm affiliated with Fidelity Investments; Rackspace Hosting, the open cloud leader; and Toba Capital. The company also announced that current investors — Avalon Ventures, In-Q-Tel, Samsung Venture Investment Corporation — purchased additional shares. The funding will be used to support Cloudant’s global expansion and grow the company’s support, service, and go-to-market strategies. READ MORE
VMTurbo, the leading provider of software-defined control for cloud and virtualized environments, today announced that the company has closed a series C funding round led by Globespan Capital. VMTurbo’s funding now totals $25 million, with key investments coming from Globespan Capital, and previous investors Bain Capital Ventures and Highland Capital Partners. READ MORE
ParElastic Corporation, an emerging leader in cloud data management,
announced today that it has raised $5.7M in a Series A round financing
led by General Catalyst Partners. The company’s existing investors
including Point Judith Capital, CommonAngels and LaunchCapital also
participated in the round. The Series A brings ParElastic’s total
financing to $8.7M.
Larry Bohn, Managing Director at General Catalyst, will join the
ParElastic board of directors alongside the company’s founders, Ken Rugg
and Amrith Kumar, and noted industry veterans and entrepreneurs, Jit
Saxena, founder and CEO of Netezza and Applix, and John Landry, a serial
entrepreneur who has held strategic technology leadership positions at
IBM, Lotus, Dun & Bradstreet and Cullinet. READ MORE
ProfitBricks, the infrastructure-as-a-service (IaaS) company that completely reengineered the delivery of cloud computing, today announced it received a $19.5 million investment from its founders and United Internet AG (UTDI.DE), a leading European internet services provider. READ MORE
CloudHealth Technologies announced today that it has closed a $4.5 million Series A round with .406 Ventures and Sigma Prime Ventures to launch CloudHealth. CloudHealth is the first SaaS platform that provides Business Performance Management for the Cloud. With CloudHealth, management can trend, analyze, model, plan, and predict their cloud environment by customer, product, service, organization, or any logical business view. CloudHealth ultimately enables companies to optimize the performance and reduce the cost of the cloud, based on business needs. READ MORE
Infinio (formerly known as SilverLining Systems) today announced it has closed a $10 million Series A investment from Highland Capital Partners and Bessemer Venture Partners, bringing total funding to date to $12 million. The firms join earlier investors Lightspeed Venture Partners, Cambridge’s Founder Collective, the NYC Seed Fund, and a group of angel investors. As part of the financing, Highland’s Sean Dalton and Bessemer’s Felda Hardymon have joined the company’s board of directors.
Cloudant, a leading provider of a globally distributed database-as-a-service (DBaaS), today announced that Samsung Venture Investment Corporation (Samsung Ventures) has made a strategic investment. The funding will be used to advance research and development to further improve global data distribution technologies and mobile application data management.
Enterprise cloud management company Intigua has secured $8.6 million in Series A financing led by Bessemer Venture Partners (BVP) with participation from seed investors Cedar Fund and individual investors.
Winner of the “Best of VMworld 2012 Gold Award” for New Technology, Intigua solves a major and often unforeseen challenge faced by IT when transitioning critical applications to cloud infrastructures: How to extend deeply-embedded and critical monitoring, management and security technology never intended for the massive scale and dynamic nature of today’s private, public and hybrid clouds – but essential for delivering uptime, performance and security required for production applications.
We are thrilled to announce that we will be concluding what has been an incredible year of growth for Ginger.io by welcoming Vinod Khosla and his team at Khosla Ventures to the Ginger.io family. We are delighted to announce our $6.5M Series A funding round led by KV. Seed investors True Ventures and Romulus Capital also participated in the round.
Raising a round of financing is a very important decision for any company, and we spent a lot of time thinking if and why this was appropriate. Given our company focus on keeping populations healthy, the incredible client partnerships we’ve built, and the advancements in healthcare reform, we had the opportunity to grow in a way that would allow us to achieve both business and mission-driven goals. Over the next year, we’ll be using the new capital to scale our team, improve our product, and support existing and new partners.
As per SEC filings, ownCloud in Lexington, MA has raised $2.5M in funding. ownCloud is the company behind the ownCloud project – the most downloaded open source project for data and file sync, share and view. ownCloud enables businesses to host their own, on premises or remote, cloud storage while maintaining regulatory and compliance needs.
Intronis, Inc., the leading
provider of world-class cloud backup solutions for the IT channel, today
announced the company received $12 million in funding led by new
investor, Greenspring Associates, with participation from OpenView
Venture Partners and the company’s executive management team.
Interim CEO Jay Bolgatz said Intronis will use the funding to hire
additional associates, drive greater technology innovation and expand
the company’s market reach in the U.S. and abroad. “This is a tremendous
opportunity for Intronis to build on the success of our technology and
further support our channel partners with the industry’s leading cloud
backup and recovery solution and support,” explained Bolgatz.
Nasuni®, a provider of enterprise storage
to large, distributed organizations, today announced that it has closed
on $20 million in Series C funding from a key new investor. The new
funds will be used to expand sales and marketing efforts and to drive
continued innovation in the storage-as-a-service market. Previous
investors Flybridge Capital Partners, North Bridge Venture Partners and Sigma Partners also participated in the financing.
Nasuni provides a consolidated storage-as-a-service solution for
distributed enterprises. Consolidated storage brings all primary storage
(i.e. file and block) together with built-in backup, replication, and
offsite protection using an on-site appliance connected to the cloud.
With Nasuni, IT can deliver a centrally-managed and globally-distributed
storage infrastructure that provides file access across multiple
locations at local speeds.
Carbonite, Inc. (NASDAQ: CARB), a leading provider of online backup solutions for consumers and small to medium sized businesses, and Zmanda, Inc., a leading global provider of open source and cloud backup solutions have announced that the companies have entered into a definitive agreement whereby Carbonite will acquire Zmanda.
"Zmanda is a great strategic fit for Carbonite. Carbonite has focused on
backing up computers and mobile devices, while Zmanda has focused on
backing up servers and databases. In the small to medium business (SMB)
market, most companies need both," said David Friend,
Chairman and CEO of Carbonite. "Furthermore, IT resellers and MSPs
want to be able to offer their clients a complete cloud backup solution
from one vendor that protects both computers and servers. We believe
that adding in the Zmanda capabilities to Carbonite Business
significantly expands our opportunity and will enable us to further
capture the emerging and fast growing SMB cloud backup market."
GrabCAD, an online community for people designing and building physical products, today announced the closing of a $8.15 million series B round of funding led by Charles River Ventures, along with participation from new investor David Sacks, co-founder of Yammer and former chief operating officer of PayPal, and existing investors Atlas Venture, NextView Venture, and Matrix Partners. The latest round brings GrabCAD’s total funding to $14 million. GrabCAD is using the funds to accelerate company growth as it builds a new collaborative tool that improves design and communication processes in the creation of physical products.
Enterprise cloud communications service provider Thinking Phone
Networks today announced a $16.5 million investment led by Advanced
Technology Ventures (ATV) and Bessemer Venture Partners. The investment
will enable the company to expand its sales, marketing and support
services internationally, enhance its ThinkingSuite communications
delivery ecosystem, and continue to grow its global partnership network.
The company also announced today that Bob Hower, general partner,
ATV, and Bob Goodman, partner, Bessemer Venture Partners, have joined
its Board of Directors. Both ATV and Bessemer have been early investors
in other leading VoIP companies.
Cloudant today announced a custom development and strategic investment agreement with In-Q-Tel
(IQT), the independent, nonprofit organization that identifies
innovative technology solutions to support the missions of the U.S.
Intelligence Community.
Cloudant provides the Cloudant Data Layer as a service, a secure NoSQL-based
cloud database service for developers of fast-growing Web and mobile
applications. The company’s agreement with IQT will promote the use of
Cloudant’s cloud database technology within the U.S. government to more
quickly build scalable applications that collect, store, analyze and
distribute data in more flexible and interactive ways.
Cloud Technology Partnersthe leader in transforming businesses with cloud solutions, today announced the closing of a $2 million series A-2 round. The additional funding will be utilized to underwrite the company’s continued aggressive hiring plans particularly in the area of intellectual property (IP) development, as well as sales, marketing and client services. This round brings the company’s total funding to $5 million.
Akamai Technologies, Inc. (NASDAQ: AKAM), announced today that it has
acquired FastSoft Inc., a provider of content acceleration software, in a
cash transaction. The acquisition is expected to complement Akamai's
cloud infrastructure solutions with technology for optimizing the
throughput of video – and other digital content – across IP networks.
FastSoft was launched in 2006 to commercialize network optimization
technology. FastSoft's patented FastTCP algorithms improve Transmission
Control Protocol (TCP), adding intelligence designed to increase the
speed of dynamic page views and file transfer downloads while reducing
the effects of network latency and packet loss. FastSoft's unique
technology has helped improve website and web application performance
across the first and last miles, as well as through the cloud, without
requiring client software or browser plug-ins.
As per SEC filings, RiverMeadow Software in Westford, MA has raised $5M in funding. RiverMeadow Software Inc. develops software that automates the migration of physical and virtual servers (live and as-is) into and between public, private and hybrid clouds. Their enCloud™ software service is a rapid onboarding SaaS based solution developed specifically for Cloud Service Provider IaaS platforms.
As per SEC filings, lifeIMAGE in Newton, MA has raised $4M in funding. lifeIMAGE provides a broad set of solutions for universal e-sharing of diagnostic imaging information. These products connect hospitals, radiology groups and physicians to their patients everywhere. lifeIMAGE makes it possible to securely deliver or receive patient imaging information wherever needed from wherever the information originates.
As reported by GigaOm, Stackdriver in Boston, has raised $5M in funding from Bain Capital Ventures. Stackdrives is a startup that is focused on helping companies run large-scale production applications on public cloud infrastructure.
As per SEC filings, SageCloud has raised $3.2M in funding. SageCloud is a stealth mode startup that is being led by Jeff Flowers, a co-founder of Carbonite. David Friend, CEO and Co-Founder of Carbonite, is also listed as a Director of the company.
Sonian™, the pioneer in cloud-powered archiving and search, today announced that it has secured $13.6 million in Series C funding. New strategic investor OpenView Venture Partners led the round, which included participation from existing investors Summerhill Venture Partners, and Prism VentureWorks. The investment — which marks nearly $27 million raised to date — will be used to scale sales and marketing, and accelerate innovation of the company’s flagship cloud archiving products. In addition, Scott Maxwell, OpenView’s Founder and Senior Managing Director, will join Sonian’s Board of Directors.
EMC Corporation (NYSE: EMC) today announced that it has acquired privately held Syncplicity, Inc., a leader in cloud-based file management solutions. Based in Menlo Park, California, Syncplicity provides native cloud-based synch and share capabilities required by enterprise customers. Enterprise synch and share solutions are increasingly required by companies in response to the proliferation of mobile, social and cloud computing. Terms of the transaction were not released.
CloudLock,
the software company securing enterprise cloud data, today announced it
has raised $8.7 million in a Series B funding round from new investor
Ascent Venture Partners and existing investor Cedar Fund.
The latest financing will be used to expand the company’s engineering divisions to keep up with rising customer demand, extend its solutions
to new platforms and accelerate CloudLock’s domestic and international
sales efforts. As one of the first Security-as-a-Service companies in
the world, CloudLock is committed to investing in innovation around its
core competency, cloud data security services. CloudLock will focus much
of its employee growth in its new headquarters in Waltham, MA.
Akamai Technologies, Inc. (NASDAQ: AKAM) and Cotendo announced today
that the two companies have signed a definitive agreement for Akamai to
acquire Cotendo.
Helping to mitigate the challenges of operating in a hyperconnected
world, Akamai provides a secure platform over which businesses can
engage users across the Web, mobile, cloud, or a mix of public and
private network environments. Cotendo offers an integrated suite of Web
and mobile acceleration services. The combination of the two companies’
technologies and teams is expected to increase the pace of innovation
in the areas of cloud and mobile optimization.
As per SEC filings, Desktone in Chelmsford, MA has raised $1.6M in funding. Desktone pioneered the concept of cloud-hosted Desktops as a Service (DaaS), the easiest and most affordable way to deploy hosted virtual desktops. The Desktone Cloud, Desktone’s DaaS offering, provides all of the benefits of virtualized desktops without any of the hassles. By delivering virtual desktops in the cloud, Desktone enables enterprises to rapidly provision desktops to users connected on any device, anywhere, without the upfront costs and complexity of traditional desktop virtualization—transforming desktops from a CAPEX to OPEX item.
As per SEC filings, Cloudant in Boston, MA has raised $2M in funding. Founded in Cambridge, MA by three MIT PhDs, Cloudant provides a hosted, distributed database and data analytics platform for the cloud. Cloudant's data platform is based on the open source Apache CouchDB project and designed from the ground up for distributed environments and cloud computing.
As of today, Everbridge has officially acquired the innovative cloud solutions company CloudFloor. This Boston-based technology company has pioneered the cloud management solutions market and developed tools that allow enterprises to manage and optimize their cloud infrastructures.
“This acquisition is the first in Everbridge’s ten-year history, so it naturally had to be something truly special for us to make it,” said Jaime Ellertson, Everbridge CEO. The CloudFloor acquisition will enable Everbridge to deliver to our customers an even better incident notification solution, both now and in the future. Additionally, the new technology, people and geographic presence we are acquiring will enable us to extend our market and technology leadership beyond what was even imaginable just a few years ago.
As per SEC filings, lifeIMAGE in Netwon, MA has raised $8M in funding. lifeIMAGE provides a broad set of solutions for universal e-sharing of diagnostic imaging information. These products connect hospitals, radiology groups and physicians to their patients everywhere. lifeIMAGE makes it possible to securely deliver or receive patient imaging information wherever needed from wherever the information originates.