DBmaestro, a leading provider of DevSecOps solutions for database technology, today announced a $4.5 million financing led by Vertex Ventures, with participation of existing investors Stage 1, Lool Ventures and iAngels. The investment will help the company to launch its next-generation database automation solutions and extend its global sales and marketing reach.
Progress (NASDAQ: PRGS) today announced it has acquired Kinvey, a privately-held company based in Boston and leader in Backend as a Service (BaaS) technology. This acquisition is a key part of the Progress strategy to provide the best platform to build and deliver modern cognitive-first applications. Today’s news comes on the heels of the company’s acquisition in March of machine learning and predictive analytics vendor, DataRPM.
CloudHealth Technologies, the leading cloud service management company, today announced it has completed a $46 million Series D round of financing. Venture capital powerhouse Kleiner Perkins, a new investor, led the funding with participation from Meritech Capital Partners and CloudHealth Technologies’ existing investors .406 Ventures, Sapphire Ventures and Scale Venture Partners. The new funding will help drive global expansion as CloudHealth Technologies continues its rapid growth trajectory across all areas of the business.
As per CRN:
Private equity giant Thoma Bravo purchased global IT management platform provider Continuum to boost organic growth and M&A activity in the SMB security space.
We’re thrilled to announce that Zaius has closed an additional $6.5 million as part of our previous round of funding. The investment was led by Underscore VC, with participation from Matrix Partners and Leaders Fund. We’re focusing the additional funds on product development so that we can continue to lead the market by changing the way marketers think about campaign optimization.
Last week we announced a $3.2 million dollar seed round led by IA Ventures, with participation from CrunchFund and TechStars.
This funding will expand server capacity, add new datacenter locations, as well as allow for the development of Object Storage, a CDN, and more 1-click installs of common frameworks.
DigitalOcean, the world's fastest growing cloud provider built for developers, today announced the completion of their $37.2M Series A funding round led by Andreessen Horowitz. The funding will be allocated primarily to hiring top-tier engineers in order to accelerate the company's rapidly growing community, build out highly anticipated product features, and maintain infrastructure throughout the world.
DigitalOcean, the simple cloud infrastructure provider built for developers, today announced the close of a $83 million Series B funding round led by Access Industries, with participation from Andreessen Horowitz.
Since launching in 2012, DigitalOcean has become the world's second largest cloud infrastructure provider for developers building websites and applications. The company is aggressively working to expand its feature set, appealing to the needs of software developers and scaling startups running the company's distributed applications in production.
SmartBear Software, the leader in software quality tools for teams, announced today that Francisco Partners, a leading global technology-focused private equity firm, has acquired a majority stake in the company designed to support the company’s accelerated growth. Terms of the transaction were not announced.