strategic investments

Smyform Closes Strategic Investment From Second Century Ventures

by cloudtweaks on January 16, 2013

in Business, Cloud Computing, Computing, IT, News, Press Release, Technology

Smyform Closes Strategic Investment From Second Century Ventures Deal Includes Financing and a Strategic Partnership from the Venture Capital Fund of the National Association of REALTORS® Seattle, Wash. – January 16, 2013 – Symform, a revolutionary, distributed cloud backup service, today welcomed Second Century Ventures (SCV), the venture capital fund of the National Association of REALTORS® (NAR), as a strategic investor in the company. SCV joined Symform’s $11 million Series B round of funding from 2012, which included financing from Longworth Venture Partners, OVP Venture Partners, and WestRiver Capital. “Second Century Ventures is committed to identifying and helping develop technology

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IBM Share Price Climbs On Positive Financial Earnings

by cloudtweaks on July 19, 2011

in Business, Cloud Computing, Computing, Google Cloud, IBM, Invest, News, Press Release, Technology

IBM Share Price Climbs On Positive Financial Earnings – Up over 4% IBM (NYSE: IBM) announced second-quarter 2011 diluted earnings of $3.00 per share, compared with diluted earnings of $2.61 per share in the second quarter of 2010, an increase of 15 percent. Operating (non-GAAP) diluted earnings were $3.09 per share, compared with operating diluted earnings of $2.62 per share in the second quarter of 2010, an increase of 18 percent. Second-quarter net income was $3.7 billion compared with $3.4 billion in the second quarter of 2010, an increase of 8 percent. Operating (non-GAAP) net income was $3.8 billion compared

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