Tuesday December 24, 2024

Cloud Software Company Joyent Raises $5 Million

Joyent, a San Francisco-based cloud computing software and service provider, has secured $5 million in debt funding according to an SEC filing. The company, which was founded back in 2004, offers an integrated technology suite and related services geared towards service providers, medium-sized and large enterprises, and developers. Its offerings include cloud software suite SmartDataCenter, […]

NoSQL Database Company Neo Technology Raises $10.6 Million

NoSQL database company Neo Technology has raised $10.6 million in Series A funding led by Fidelity Growth Partners Europe with Sunstone Capital, Conor Venture Partners and Rod Johnson, the founder and CEO of SpringSource also participating in the round. As the world of data explodes in volume and complexity, many applications and databases need to […]

Cloud Hosting Company FireHost Raises $10 Million

FireHost, a company that specializes in secured cloud hosting, has raised $10 million in Series B funding in a round led by family-owned private equity firm The Stephens Group, with earlier backers also participating. The additional capital will be used to scale the company and enter the European market (starting with the UK). FireHost, which […]

Big Data Analytics Company Opera Solutions Raises $84M In First-Round Funding

Opera Solutions, not to be confused with browser maker Opera Software, has raised a whopping $84 million in its very first round of outside equity funding. According to the Wall Street Journal, the round values the company at half a billion dollars. The company, which is in the business of ‘Big Data’ analytics, got a […]

CSC Acquires Software Testing Company AppLabs

Computer Sciences Corp. (CSC) this morning announced that it has acquired India’s AppLabs, a provider of software testing and quality management services. Financial terms of the deal were not disclosed. The acquisition is meant to grow CSC’s applications development and management business as well as extending software testing and quality management services to its clients. […]

Broadcom Buys Chipmaking Technology Company Netlogic For $3.7 Billion

Broadcom this morning announced that it has agreed to acquire NetLogic Microsystems, which delivers a range of semiconductor solutions. Under the agreement, NetLogic shareholders will receive $50 per share in a transaction of approximately $3.7 billion, net of cash assumed. Netlogic’s share price closed at $31.91 last Friday. With the acquisition, Broadcom expands its infrastructure […]

French Software Company Qosmos Raises €20 Million

Qosmos, a Paris, France-based network intelligence technology company, has raised close to €20 million euros (approximately $28.5 million) in a deal that was co-led by DFJ Esprit and FSI, a French government fund. The deal, which closed at the end of last month, is a combination of primary equity and debt and a secondary purchase […]

Insurance Technology Company Guidewire Software Files For $100M IPO

Joining recent tech companies MobiTV, Angie’s List, Brightcove, and Jive; Guidewire Software, a company that develops technologies for the insurance industry, has filed its S-1. The company aims to raise as much as $100 million in a public offering under the symbol “GWRE.” Founded in 2001, Guidewire Software provides technology software to the property, casualty, […]

IBM Buys Risk Management Analytics Company Algorithmics For $387 million

Is IBM making up for lost time? After acquiring crime data intelligence software developer i2 yesterday, Big Blue is announcing another purchase this morning. The company is buying Canadian risk management analytics software developer Algorithmics for $387 million. Algorithmics’ risk analytics software, content and advisory services are used by banks, investment and insurance businesses to […]

Salesforce.com Backs Cloud Solution Company Appirio’s World Domination Plans

Cloud solution provider Appirio this morning announced it will be expanding internationally to more adequately serve its customers in the European and Asia Pacific markets. The expansion, which the company says will be through a combination of organic and inorganic growth, is being funded by a strategic investment from two existing investors: VC firm GGV […]