CloudZero (www.cloudzero.com), the first and only site reliability management platform for cloud computing, announces it has closed $5 million Series A venture capital, led by Matrix Partners and Underscore VC. Tim Barrows from Matrix Partners and Michael Skok from Underscore will join the board of directors. CloudZero will use the venture funding to open its company headquarters in Boston, grow its enterprise SaaS platform, and increase investment in its open source community.
Pivotal today announced that it has acquired Toronto-based Xtreme Labs, a privately-held, leading mobile strategy and product development firm. The acquisition is an all-cash transaction. Other terms of the deal were not disclosed.
Pivotal, the company setting the new standard for enterprise PaaS, today announced that GE plans to invest approximately $105 million in Pivotal. The companies also announced their intent to enter into a broad research and development and commercial agreement aimed at accelerating GE’s ability to create new analytic services and solutions for its customers.
Pivotal®, the company accelerating digital transformation for enterprises, today announced that it expects to close a Series C financing round highlighted by $253 million in new cash, led by new investor Ford Motor Company, in conjunction with Microsoft and all previous investors GE, EMC and VMware. The deal is expected to close in May 2016, subject to customary conditions, including receipt of required regulatory approval.
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.