Harmony Partners

Cloud Computing Startups Raise Big Money: UPDATE 10

by sourya on March 21, 2012

in Business, Cloud Computing, Computing, IT, Security, Startups, Technology, Venture Capital

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

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