Monday December 23, 2024

Utiliy Computing Startup 6fusion Raises $3 Million Round

6fusion, a fledgling company that has developed a system to take control of third party computing resources, this morning announced that it has raised a $3 million round of venture capital financing. In addition, the startup announced it has relocated to the Research Triangle region of North Carolina. The $3 million Series A round was […]

Product Management Software Company Atlassian Takes A Huge, $60 Million First Round Of Funding From Accel

It is not often that a company’s first round of venture funding comes in at $60 million and eight years after it was founded with $10,000 worth of credit card debt. But Atlassian, which was founded in Sydney, Australia in 2002, is taking its first venture money today from Accel Partners. The company pulled in […]

Mayfield Fund Leads $8 Million Round Of Funding For Cloud9 Analytics

Cloud9 Analytics, a provider of SaaS business analytics for line-of-business managers, today announced it has closed its Series C financing for $8 million. The financing round was led by Mayfield Fund, with participation from existing investors InterWest Partners and Leapfrog Ventures. This brings its total in funding to $21.6 million. Rajeev Batra of Mayfield Fund […]

Former Microsoft Execs Lead $10 Million Round In Ruby On Rails Startup Heroku

Ruby Cloud Platform as a Service provider Heroku has raised $10 million in Series B funding led by Ignition Partners with existing investors Redpoint Ventures, Baseline Ventures, and Harrison Metal Capital participating. John Connors, General Partner with Ignition and former CFO/CIO of Microsoft has joined the company’s board of directors. This brings the company’s total […]