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
ignition partners
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,
Cloud Computing Startups Raise Big Money: UPDATE 3 This is the fourth in a continuing series on startups raising funding. You can read the first three in the series here: 1. Cloud Computing Startups Raise Big Money: UPDATE 2 2. Cloud Computing Startups Raise Big Money: UPDATE 1 3. Cloud Computing Startups Raise Big Money Today, there are two startups in focus – VMTurbo and ServiceMesh. VMTurbo (http://www.vmturbo.com/) Massachusetts-based VMTurbo announced recently that it has closed a $10 million B-round of funding, financed by returning investors Bain Capital Ventures and Highland Capital Partners, bringing total capital raised to $17.5 million. It
Cloud Computing Startups Raise Big Money: UPDATE 1 Startups have always attracted pride of place on this website, and with many of them being created with astounding regularity and getting financing, this article is just the first of many updates that are sure to follow. You can read some other consolidated news articles on startups here: 1. Acquisitions of Cloud Computing Startups Speed Up 2. Cloud Computing Startups Raise Big Money Startups are no longer the domain of the young college graduate with ideas, especially in a field like cloud computing that builds on existing competencies in information technology. Consequently,
What Bromium’s Funding Means for Cloud Security What can prompt three experienced professionals in the IT industry – former CTO and SVP of engineering at Phoenix Technologies Gaurav Banga, former CTO of the Data Center & Cloud Division of Citrix Simon Crosby, and former VP of advanced products in the Virtualization and Management Division at Citrix Ian Pratt – to abandon established careers and get together to form a new company? More importantly, what can prompt three experienced venture capitalist funds – Andreessen Horowitz, Ignition Partners, and Lightspeed Venture Partners – to invest $9.2 million in the aforementioned company? The
Skytap Secures $10 Million to Accelerate Business Growth for Cloud Automation OpenView Venture Partners Leads Round With Participation From Current Investors — Ignition Partners, Madrona Venture Group and Washington Research Foundation SEATTLE, WA–(Marketwire – January 3, 2011) – Skytap, the leading provider of self-service cloud automation solutions, today announced an oversubscribed $10 million Series C round of funding led by OpenView Venture Partners with participation from existing investors Ignition Partners, Madrona Venture Group and Washington Research Foundation. The investment will be used to scale sales and marketing, and accelerate innovation of the company’s flagship cloud automation platform. Scott Maxwell, senior
Top 10 Cloud Computing Venture Capital Firms To Help Build Your Business For more than 30 years, NEA has been helping to build great companies. Our committed capital has grown to $11 billion and we’ve funded more than 650 companies in the Information Technology, Energy Technology and Healthcare sectors. For more than 49 years, Norwest Venture Partners (NVP) has actively partnered with entrepreneurs to build and grow successful businesses. The firm manages more than $3.7 billion in capital, has funded over 450 companies since inception and has demonstrated an exemplary track record producing premier investment returns during differing capital market
