
Virtustream Adds More Funding With A Goal Towards Federation
Virtustream, a cloud provider targeting enterprise and government customers, today announced Series B $15 Million funding taking the total venture capital investment to $75 Million. This round of funding is lead by Intel Capital along with Columbia Capital, Noro-Moseley Partners and TDF with the addition of a new investor, QuestMark Capital. The additional funding round […]

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 […]

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 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 […]