Cloud Computing Startups Raise Big Money Startups have been an area of focus for this website, and not without reason. With cloud computing being such a new technology, there is a lot of innovation taking place. And startups are often the birthplaces of innovation. However, innovation, like most things in life, requires money, at least initially, in order to flourish. That is where venture financing comes into play. Thankfully for cloud computing startups, there are many financiers willing to back them. Here’s a recap of some recent developments in this area. Box.net: This is a company that I had covered
technology startups
Existing Investors Joined by Flybridge Capital Partners, Funding Now Totals $23 Million NATICK, Mass., Dec. 20, 2010 — Nasuni®, maker of the storage industry’s leading cloud gateway, today announced that it has closed $15 million in Series B funding led by Flybridge Capital Partners with participation from existing investors, North Bridge Venture Partners and Sigma Partners, who led the company’s Series A funding in March 2009. Investment in Nasuni now totals $23 million for the two rounds. Chip Hazard, a General Partner at Flybridge Capital Partners, has been named to the Nasuni Board of Directors. Jeffrey P. McCarthy, Partner at
