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 –
Private equity
Cloud Computing Sector to Witness More M&A in 2011, PwC Report The rush for cloud-based technology solutions and development of virtualization and security technologies will fuel growing interest in cloud computing during 2011 and a new wave of mergers and acquisitions (M&A) is expected, a recent report by PwC revealed. Cost savings opportunities and growing confidence in cloud computing are the driving force behind a new technology trend; namely, switching to cloud-based solutions by large and small and medium enterprises alike. Companies now have more confidence in security provided by the cloud and a growing number of businesses are migrating
RunMyProcess – PaaS, Scalability and Integration is the Key France’s start-up RunMyProcess was founded by Matthieu Hug, Eric Mahe and Alexandre Lachmann in 2007. The company managed to achieve recognition as a “Cool vendor” by Gartner Inc. in only a couple of years while last year Red Herring nominated the Paris-based company among the top 100 innovators in Europe. The company’s founders have solid background in IT and communications, therefore the company targeted the fast growing Cloud Computer market as its primary business. The company’s core product is its cloud-based Platform as a Service (PaaS) that utilizes business process management
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
