Cloud Computing Startups Raise Big Money This is the fifteenth in a continuing series on startups raising funding. You can read the latest in the series at: Cloud Computing Startups Raise Big Money: UPDATE 13. For previous updates, please click on relevant links in the aforementioned article. Today, there are two startups in focus – Concurix and Delphix, and no, those names have nothing to do with Asterix and Obelix (if you are a fan of comic books, you will find this amusing; if not, apologies). Concurix Compared to the many startups covered in previous articles, $1 million in funding may not
Venture Capital
Cloud Computing Startups Raise Big Money: UPDATE 12 This is the thirteenth in a continuing series on startups raising funding. You can read the latest in the series at: Cloud Computing Startups Raise Big Money: UPDATE 11. For previous updates, please click on relevant links in the aforementioned article. Today, there are two startups in focus – CloudPassage and Opscode. CloudPassage CloudPassage, a San Francisco-based cloud security startup that advertises its services as “Everything you need to secure your cloud servers,” has raised $14 million in second-round funding, bringing total funds raised to $21 million. The B round was led by Tenaya
On the verge: 100% Cloud-fueled ventures The majority of ventures view cloud technology as nothing more than a significant leap towards expenditure cutbacks and superior flexibility. While this remains unequivocally true, cloud technology offers a whole lot more in store for businesses – startups in particular. Almost certainly, the most promising facet of cloud computing is its potential to nurture an altogether novel genre of business – made on the cloud, meant for the cloud. A number of budding ventures exist today that are 100% cloud based. Among such ventures is Coupa, founded and lead by Rob Bernshteyn. Coupa has
Cloud Computing Startups Raise Big Money: UPDATE 10 Today, there are two startups in focus – Vaultive and Eccentex. Vaultive Cloud data encryption services provider Vaultive recently completed a $10-million funding round led by .406 Ventures, New Science Ventures and Harmony Partners. Headquartered in New York with its R&D center in Tel Aviv, Israel, Vaultive plans to launch its first product next month. Beta testing for the product, Vaultive for Hosted Exchange, is in progress. “Security remains the primary barrier to widespread cloud adoption. Migrating data to a cloud environment introduces significant security, regulatory compliance, data residency and privacy risks
The Great Cloud Race: HP Battles Amazon (and IBM) For Tech Supremacy The cloud’s ongoing growth has in-the-know tech experts watching its progress with proud, loving eyes. Yet as with any burgeoning development, it’s taken time for cloud computing to be fully embraced by the establishment — to wit, major companies such as Google and Amazon. Many a new company has introduced itself to the tech world via some application or program that flaunts cloud’s best side. Recent developments have now revealed bigwig tech corporations now getting in on the cloud as a way to make a mark on futurity.
Cloud Computing Startups Raise Big Money: UPDATE 9 This is the tenth in a continuing series on startups raising funding. The series continued…Read the previous post/s Today, there are two startups in focus – Nivio and Clio. Nivio (http://us.nivio.com/) Palo Alto, California-based cloud startup Nivio recently announced the raising of $21 million from Indian consumer products giant Videocon and American private equity firm AEC Partners. While AEC Partners has a record of tech investing, this is the first such move by Videocon. In addition to the potential of this company founded in 2004, there’s a family connection at play –
Is Cloud Computing Killing the Hardware Stars? Dell, HP: Take Heed New York Times “Bits” writer Quentin Hardy declared major victory last week for cloud computing. The triumph resounded well enough to earn the title “The Week the Cloud Won.” After lengthy months of incremental progress, cloud’s organizations have finally chipped away at the big boys of technology like Dell and Hewlett Packard. These heavy hitters in “enterprise computing” dwindled in earnings, whereas Salesforce.com, a major cloud computing company, saw its profits skyrocket by nearly 40%. True cloud diehards interpret these developments, as does Hardy, as bellwethers of auspicious change for
