Seattle-based enterprise data storage startup Qumulo, which was only founded back in March and has been in a quasi-stealthy state ever since, has raised its voice to announce a $24.5 million Series A financing round today, led by Highland Capital Partners. Madrona Venture Group and Valhalla Partners are also participating in the round — Valhalla having previously contributed seed […]
Posted on November 21st, 2012 by admin
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The entire enterprise software space is a giant stinking mess, and it’s going to get even messier if the vendors don’t start embracing the new spirit of collaboration and social technologies that represent the modern data workflow. Earlier today, HP CEO Meg Whitman declared that the Autonomy acquisition for $10 billion would be written off […]
Posted on November 21st, 2012 by admin
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SumAll has raised $6 million in a Series A for its data connection service that analyzes and visualizes information from Instagram, Google Analytics and a broad range of other services. The investment round was led by Battery Ventures with the participation of Wellington Partners. With the funding round, investors have agreed to give $500,000 to […]
Posted on November 20th, 2012 by admin
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Revstream has a new offering for SaaS providers and subscription-based companies that takes into account the dynamics of managing cloud services as compared to traditional software billing. The new service, Revstream Cloud, is a SaaS that simplifies billing with business logic that’s not possible with traditional billing software. It stands in contrast to the company’s Revstream […]
Posted on November 20th, 2012 by admin
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A little consolidation in the world of big data and Apache Hadoop development: WANdisco, a UK/U.S.-based provider of collaboration software that focuses on the open-source Apache Subversion revision control system, has announced the completion of its acquisition of Palo-Alto-based AltoStor, which will help it further develop its big data products. Publicly-traded WANdisco is paying $5.1 million, […]
Posted on November 19th, 2012 by admin
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Networking tech giant Cisco has just agreed to acquire cloud infrastructure startup Meraki, and my industry sources confirm the purchase price was $1.2 billion, all in cash. I’ve also gotten ahold of the letter to Meraki employees from CEO Sanjit Biswas. It’s a huge win for the 330-employee San Francisco startup. [Update: The PR just hit the […]
Posted on November 19th, 2012 by admin
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Over the last few years, Amazon Web Services (AWS) has emerged as one of the most popular cloud infrastructure solutions out there, managing an unusual feat for those of its ilk by appealing equally to both early stage startups and enterprise. While it provides access to next-gen computing and hosting services for cheap and scales […]
Posted on November 18th, 2012 by admin
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3Scale has discounted the cost for managing APIs in the enterprise through a new plug-in it has added to Nginx, the open-source web Server technology. The plug-in runs inside Nginx and connects to the on-premise 3Scale service, which allows a customer to extend the modules that Nginx has for security, policies, etc. It connects to […]
Posted on November 18th, 2012 by admin
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If Steve Wozniak is worried Microsoft is now more innovative than Apple, the root cause for that concern undoubtedly lies within Microsoft’s network of research labs. Dotted around the globe, from Redmond to India and Asia via the UK, these university-style research institutions are the quiet engines behind innovations such as the Kinect depth camera which translates […]
Posted on November 17th, 2012 by admin
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Wi-Fi equipment maker Ruckus Wireless held an initial public offering on the New York Stock Exchange this morning at a share price of $15. It raised $126 million. While it was a nice move for the company, as well as its venture capital investors (Sequoia Capital, Sutter Hill Ventures and others had provided some $54 million […]
Posted on November 17th, 2012 by admin
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