Cloudburst Expected on Wall Street | Xignite Raises $10M
When not moonlighting at Chaotic Flow and Cloud Ave, I’ve been toiling away at Xignite for the better part of the last three years, and I’m happy to announce that the company has successfully closed $10 million in B round funding. The round was led by of Starvest Partners‘ Deborah Farrington who is #77 on [...]
Platfora Closes Series A Funding To Help Make Sense Out Of Your (Big) Data
Platfora, the company with a mission to bring clarity to your data, today announced series A funding worth $5.7 Million to expand their rich analytics tool for Hadoop. After the cloud euphoria, it is the turn of big data to get the mindshare of pundits and public. This space is crowded and competitive. Platfora is [...]
Acquia Gets Another Round Of Funding: Commercial Open Source Is Still Strong
Acquia (previous CloudAve coverage), the commercial company behind open source Drupal content management software, announced the completion of Series D round of funding worth $15 Million Dollars. This round was funded by Tenaya Capital along with significant follow up participation from their existing investors, Northbridge Venture Partners and Sigma Partners. Acquia will tap into this [...]
Skytap Secures $10 Million Series C Funding
Image via CrunchBase Skytap (see previous CloudAve coverage), seattle based cloud automation provider, today announced that they have secured a Series C round of $10 Million. This marks a bright start to IaaS market in 2011 which I expect to grow strongly this year. This round is led by OpenView Venture Partners with participation from [...]
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 [...]
New Relic Gets Funded And Adds Support For .NET and PHP
New Relic, the SaaS based Application Performance Management (APM) solutions provider, today announced that they have raised $10 Million in Series C funding and they also announced that they now support .NET and PHP applications. They are now positioning themselves to be a strong player in the cloud era with support for diverse platforms. First [...]
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 [...]
Nimbula Raises 15 Million Series B Round To Shore Up Private Cloud Offering
Nimbula, the company founded by two engineers who were part of the original Amazon EC2 team, today announced that they have raised 15 Million in Series B round of financing. This round was mainly lead by Accel partners. Nimbula was launched in last Structure conference and offers private cloud with Amazon like scalability. This round [...]
Morph Labs Gets Ready To Take On The Competitive Marketplace After A Series B Funding Round
MorphLabs, the company that helps enterprises and service providers build private clouds announced a $5.5 Million Series B funding. This funding round is led by Global Gateway Investment Group (G2iG) with new investor, Frontera Group LLC, joining existing investors CSK Venture Capital Co. Ltd. and AO Capital Partners Ltd.. After gaining lots of traction in Japan, [...]
Woman in High Tech & The New York Times Out of the Loop
Out of the loop is the original title of a New York Times article discussing how difficult it is for women entrepreneurs to get funded, or generally to get into the management ranks in business. A title that backfires … but you’ll have to wait to see why. The first case discussed @ the NYT [...]
Amazon sees renewed pressure to collect State Sales Tax
Amazon and other online retailers like EBay might not be able to dodge the tax collection business for much longer as States try increasingly to find new areas of revenue. Over the last couple of weeks, both Colorado and California have started passing legislation in one form or another that will mean that Amazon will [...]
Startup Weekend Hits SXSW 2010
Startup Weekend and Piryx are working on the 2nd Annual Piryxtopia Charity Bash – this is your chance to donate 20 bucks and get tickets to meet up with Startup Weekend and Pyrix. This also ties into the idea of doing startup support in Haiti via We Hear Your Voice. You need to go here [...]
Youth Venture Seattle gets broken into needs a little holiday help
Youth Venture Seattle is one of the very few organizations that are trying to help kids at an early age learn to think innovatively, have some awesome experiences along the way, and become the leaders that we will need in this country tomorrow and today. The cool part about Youth Venture is that they are [...]
AT and T starts blaming customers for downloading too much
Usually the first rule of business is that the customer is right always. Well maybe not so much according to AT&T, especially when it comes to the Iphone and data “hogs”. While unlimited plans usually mean unlimited, it looks like unlimited is soon going to mean caps, and extra charges for well, using your unlimited [...]
Note to Conference Organizers: Keep in Touch With People
Image via Wikipedia Over a number of conferences I have been at lately, one of the hallmarks of all of them was what could I do for them rather than what I would learn from the conference. Once the marketing folks realized that I would not provide them with anything, it is like we no [...]
