Tintri, which market storage solutions purpose-built for virtual machines (VMs), has raised $18 million in Series C funding. The extra capital comes from existing backers NEA and Lightspeed Venture Partners and comes roughly 3 months after Tintri raised $17 million in Series A + B funding. The company just launched its “VM-aware” storage appliance, VMstore, […]
Posted on June 15th, 2011 by admin
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According to this SEC filing, Pure Storage has raised another $28 million in venture capital, adding to the $25 million it has raised over the past few years. And the company’s solution is still in private beta testing. The SEC filing includes names of two management team members, founder and CTO John “Coz” Colgrove and […]
Posted on June 14th, 2011 by admin
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Time Warner Cable this morning announced that it will acquire cable systems serving approximately 70,000 basic video subscribers, 42,000 HSD subscribers, and 26,000 phone subscribers in Kentucky and Tennessee from NewWave Communications for $260 million in cash. NewWave had been buying up many of these cable systems, some property acquisitions dating back to 2003. The […]
Posted on June 13th, 2011 by admin
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Rally Software, a specialist in Agile application lifecycle management (ALM) solutions, this morning announced that it has raised $20 million in funding led by Meritech Capital Partners (an investor in companies like Facebook, NetSuite and Salesforce.com). The funding will be used for growth and to accelerate adoption of Rally’s platform for Agile development. The company […]
Posted on June 7th, 2011 by admin
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Aquantia, a developer of 10Gigabit Ethernet connectivity solutions for cloud computing and data center deployments, announced this morning that it has raised $21 million in Series E funding to meet demand for its 40nm 10GBASE-T PHY solution. All existing investors participated in this round, including New Enterprise Associates, Lightspeed Venture Partners, Greylock Partners, Pinnacle Ventures […]
Posted on June 6th, 2011 by admin
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Atlanta-based Birch Communications, an IP-based telecom and managed services provider to SMBs, has scored a $77.5 million finance package which will serve to repay outstanding indebtedness. The capital will also be used to fund future acquisitions, network build-out and for ‘general corporate purposes’ (new coffee machines ftw!). Bank of America led the senior term, revolver, […]
Posted on June 6th, 2011 by admin
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Records Management best practices include: Policies and Procedures for creating and storing records in both paper and electronic format that are demonstrably supported by an organizations executives, including the Chief Executive Officer, Chief Financial Officer, Chief Information Officer, Chief Legal Counsel, and Chief Compliance Officer A thoroughly documented Records Retention Schedule that lists Records Series […]
Posted on June 4th, 2011 by admin
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When it comes to IT security, it is easy to simply stick with what you know. However, the threat landscape and the needs of your users are rapidly changing, and technology must evolve even more quickly to stay ahead of them. This paper addresses five critical factors all IT buyers should consider before renewing or […]
Posted on June 3rd, 2011 by admin
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Cisco Systems begins what may be the biggest round of layoffs in its history.Cisco is one of the biggest sponsors of H-1B visas in the country. The question many are asking will they cut American citizens ahead of H-1B workers strictly in the interest of cost savings. According to Reuters, it is estimated […]
Posted on June 3rd, 2011 by admin
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Lockheed Martin, the American aerospace company, has become the latest high-profile business to have come under a cyber-attack. Amazon and Sony are among others that have fallen victim to cyber crimes in the past few weeks. Recent attacks have put the issue of data security firmly into the spotlight, with more and more companies opting […]
Posted on June 2nd, 2011 by admin
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