Covertix, an Israeli startup that provides enterprise-grade solutions for protecting and monitoring sensitive corporate data, has raised $1 million in early-stage funding. The round was led by Kima Ventures, the investment firm founded by well-known European entrepreneurs Jeremie Berrebi and Xavier Niel. Covertix says the capital will be used to try and gain market share […]
Posted on January 13th, 2011 by admin
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Silicon Valley venture firm Greylock Partners is adding a seasoned executive to its enterprise team today with the addition of Frank Slootman as partner. Slootman was formerly the CEO of Data Domain, which was acquired by EMC in 2009 for $2.4 billion (Greylock was one of the two founding investors of Data Domain). Slootman says […]
Posted on January 12th, 2011 by admin
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Citrix Systems has made a strategic investment in GlassHouse Technologies, a global data center consulting and managed services firm, expanding the existing relationship between the two companies with Citrix becoming a premier desktop virtualization partner of GlassHouse. The investment also provides Citrix with an observer’s seat on the GlassHouse board of directors. Others terms of […]
Posted on January 11th, 2011 by admin
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Let the social enterprise software wars begin. Socialtext, which offers an enterprise social software platform built around microblogging, is going after competitor Yammer today with a new free migration tool that allows Yammer users to move to Socialtext. The free tool allows users to move from Yammer to Socialtext, and to use the social platform […]
Posted on January 7th, 2011 by admin
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Symplified, which provides identity and access management tools for cloud applications, has secured $9 million in Series B funding, bringing its total financing to $18.8 million. The round was led by existing Symplified investors Granite Ventures and Allegis Capital, and included a strategic investment by Quest Software. The company plans to raise more funding this […]
Posted on January 5th, 2011 by admin
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Dell this morning announced that it is to acquire SecureWorks, a provider of information security services. Terms of the acquisition were not disclosed. SecureWorks offers a number of ‘Security-as-a-Service’ solutions and says it currently processes more than 13 billion security events and sees more than 30,000 malware specimens on a daily basis. The company, founded […]
Posted on January 5th, 2011 by admin
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Avaya, a provider of business collaboration software and services, this morning announced it has acquired Konftel, which specializes in audio collaboration technology and is a leading conference telephone manufacturer. Avaya coughed up $15 million in cash for the company, and hopes the acquisition will enable it to broaden its portfolio of desktop to conference room […]
Posted on January 4th, 2011 by admin
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This post was written by Aaron Levie, CEO and co-founder of Box.net. His last guest post for us was “Building The Simple Enterprise.”. On a recent call, an analyst shared a story about a company whose IT infrastructure was completely wiped out in a natural disaster. Forced to start from scratch, the company reinvented the […]
Posted on January 2nd, 2011 by admin
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