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
venture capital fund
Runa Capital Sets Aside USD 50 Million to Back Cloud Computing and IT Companies Moscow-based venture capital company Runa Capital decided to increase its funding program to USD 50 million aimed at backing technology and Cloud Computing companies in Russia and abroad. The goal of the venture capital fund is to invest in early-stage Russian IT companies and growing number of investors share the company’s vision that Russia’s technology market has huge potential, the company said in a press release. Competing on a global level is often a problem for Russian IT companies although the government in Moscow announced a
Virtensys Specializes in Virtualization Technologies for Cloud Computing Manchester-based Virtensys started developing I/O Virtualization technologies for servers and storage platforms and needed less than a year to secure its first round of venture capital funding in October 2006, after venture capital investors Scottish Equity Partners provided Series A funding worth GBP 6.41 million to the start-up founded by entrepreneurs who left market leaders such as Adaptec, Brocade, Fujitsu, HP, ICL and Intel to establish a new enterprise. The company has bet on an innovative vision that data center servers and storage systems will no longer physically contain complex high-speed I/O
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
Reuters Press Release Nimbula, a provider of cloud-computing services, raised an additional $15 million in venture capital funding in a second round led by Accel Partners on Monday. It plans to use the money to promote market adoption of its on-demand computing service. Accel Partners snagged a spot on the company’s board of directors, which will be filled by the Accel partner Ping Li, a cloud-computing specialist who has also backed Cloudera and BitTorrent, among others. The company bills itself as a provider of a more private and customizable version of online retailer Amazon.com’s on-demand service, which charges users hourly rates
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
