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
cloud computing startup
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 –
What’s Special about the Joyent Funding Round? There is nothing special about small companies or startups getting funding, other than the obvious vindication of the opportunities in cloud computing. In fact, such funding stories have been the focus of several articles here (See the latest one: Cloud Computing Startups Raise Big Money: UPDATE 8). However, there’s something different, and in my opinion, special, about the $85 million round of funding closed by San Francisco cloud services provider Joyent (http://www.joyent.com/). What’s special about this round of external financing is not the amount (which, by prevailing standards, is quite impressive) or the
Cloud Computing Startups Raise Big Money: UPDATE 8 This is the ninth in a continuing series on startups raising funding. You can read the series here: Cloud Computing Startups Raise Big Money: 1, 2, 3, 4, 5, 6, 7, 8 Today, there are two startups in focus – AppDynamics and ShopKeep.com. AppDynamics (http://www.appdynamics.com/) Top VC firm Kleiner Perkins Caufield & Byers led a $20 million Series C round for cloud-based performance management company AppDynamics. Previous investors Greylock Partners and Lightspeed Venture Partners also participated, bringing to a total the funds raised by the San Francisco-based startup to $36.5 million. The company specializes in application performance management and
Cloud Computing Startups Raise Big Money: UPDATE 7 This is the eighth in a continuing series on startups raising funding. You can read the first six in the series here: Cloud Computing Startups Raise Big Money: 1, 2, 3, 4, 5, 6, 7 Today, there are two startups in focus – Symplified and Tidemark. Tidemark (http://www.tidemark.net/) California startup Tidemark, which promises to provide “Enterprise Performance Management Built for the Cloud,” raised $24 million in Series C funding led by Redpoint Ventures, with Greylock Partners, Andreessen Horowitz, and entrepreneur Dave Duffield participating. Earlier, it had raised $6.3 million in Series A
Some Recent Cloud Computing Acquisitions As an industry matures, consolidation occurs and some prominent players emerge. With big companies already staking their claims in this space – a phenomenon which I had argued differentiated the cloud computing fervor from the dotcom bubble (See: Are Cloud Computing Stocks Overvalued?) – it was only time that the bigger fish started swallowing the small ones (See: Is Consolidation Coming to Cloud Computing?). While startups are always on the acquiring companies’ radars (See: Acquisitions of Cloud Computing Startups Speed Up), some mid-size companies are also attracting considerable interest. This article features two such recent
Cloud Computing Startups Raise Big Money: UPDATE 5 This is the fifth in a continuing series on startups raising funding. Today, there are two startups in focus – Xeround and SurDoc. Xeround (http://xeround.com/) Xeround, a California-based startup that describes itself as “The Cloud Database”, announced the successful completion of its Series C round of funding in which it raised $9 million. Previous investors that included Menlo Park-based Benchmark Capital, Israel’s Giza Venture Capital, Ignition Partners and Trilogy Partnership, put in money in this round as well. According to a press release, Xeround “offers a database-as-a-service for MySQL-based applications that’s elastic,
