Cloud Engines Raises $15 Million Round But Is It Really Cloud Storage?
Cloud Engines, the company behind the so called Pogoplug Personal Cloud offering, today announced that they have received $15 Million in financing. This round is lead by Softbank Capital and Morgan Stanley Alternative Investment Partners (AIP) along with Foundry Group, their existing investor. This round of funding will help them expand their business globally. What [...]
Cloud Sherpas Could Push Further Google Apps Adoption
Cloud Sherpas, the company that adds value to Google Apps, received a round of funding which could bolster their efforts to push Google Apps further into the enterprise market. This funding round of $1.6 million, in Series A-1 financing, was led by Syncarpha Capital, Vento Security Holdings and Hallett Capital, the investment vehicle of Cloud [...]
Fraud Detection SaaS Vendor ThreatMetrix Gets Series C Funding
ThreatMetrix, the California based SaaS security vendor offering fraud prevention solutions, announced that they have secured Series C round worth $12.1 Million led by Tenaya Capital. This additional funding will help the company expand their product offerings and will also help focus more on customer acquisition. This will also offer them the necessary leverage to [...]
Best meeting ever with a banker and it was still no sale
Sometimes you decide that you really do want to continue to grow your company beyond cash flow so you decide you want to go talk to a banker and see what all they would be interested in loaning money and providing deeper banking services than you have now. I did not want a traditional bank [...]
