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Norwest, Sequoia Back Indian Cloud-Based CRM Startup

Posted on: September 25, 2012 by Alastair GoldfisherNo Comments »

Capillary Technologies, a cloud-based customer engagement solution provider for large enterprises, has raised $15.5 million in a Series A round that was led by Norwest Venture Partners and Sequoia Capital and included exsting investor Qualcomm Ventures.

Former Xensource Vets Launch Convergent-io, Raises Series A from Andreessen Horowitz

Posted on: August 23, 2012 by Alastair GoldfisherNo Comments »

Cloud computing startup Convergent-io announced it raised a $10 million Series A round from Andreessen Horowitz. The startup–which was founded by veterans of Xensource, which was bought by Citrix five years ago–develops cloud-based storage infrastructure. Peter Levine, general partner of Andreessen Horowitz, has joined the board. The company reportedly raised a $1.2 million seed-stage round of [...]

Cloudability Raises Series A Led by Foundry Group

Posted on: July 12, 2012 by Alastair GoldfisherNo Comments »

The Foundry Group led an $8.7 million Series A funding of Cloudability, which provides a platform to manage a user’s cloud services. As part of the funding, Foundry Managing Director Jason Mendelson and Jason Seats, managing director of Tech Stars Cloud and the founder of Slicehost, have joined the board. Also participating in the round are 500 [...]

Cloud Storage Startup Bitcasa Secures $7M

Posted on: June 20, 2012 by Alastair GoldfisherNo Comments »

Bitcasa, a Mountain View, Calif.-based cloud storage company, has raised $7 million in its Series A funding round, bringing its total funding to $9 million. Pelion Venture Partners, an existing investor, and Horizons Ventures, a new investor, co-led the round, with Andreessen Horowitz, First Round Capital, CrunchFund and Samsung Ventures also participating.

Cloud-Based Security Provider Appthority Raises $6.25M

Posted on: May 2, 2012 by Alastair GoldfisherNo Comments »

Cloud-based security provider Appthority has raised a $6.25 million Series A round led by Venrock and U.S. Venture Partners. The company helps the enterprise identify and manage risks hidden in mobile apps, a growing concern as more employees bring their own tablets and smartphones to work. As part of the deal, Ray Rothrock, a partner [...]

Norwest, Angels Back Health Care Cloud Provider ClearDATA

Posted on: March 27, 2012 by Alastair GoldfisherNo Comments »

Norwest Venture Partners has invested an undisclosed amount in ClearDATA, which provides cloud computing services to health-care providers. A number of undisclosed individual investors also joined the funding round, which the company said it will use to expand its products and presence in the health-care industry. As part of the funding, Robert Abbott, general partner [...]

Cloud Provider Appirio Raises $60M to Support Acquisition Strategy

Posted on: March 15, 2012 by Alastair GoldfisherNo Comments »

Enterprise cloud provider Appirio has raised $60 million in Series D funding led by General Atlantic and including existing investors Sequoia Capital and GGV Capital. The company, which previously raised about $17 million in funding, says it plans to use the latest round to support its M&A strategy of global expansion and to bolster its [...]

VC-backed Gaikai Seeks Deals as Gaming Shifts to Cloud

Posted on: June 30, 2011 by Lawrence J. AragonNo Comments »

Gaikai, a privately held cloud gaming firm whose backers include Electronic Arts, Intel Capital and Akamai Technologies expects to sign deals with major publishers and video game makers, as the market shifts from console-based games to online titles, according to Reuters. CEO David Perry, 44, who founded Gaikai in 2009, said he is “going back [...]

Cloud-based System Manager ScaleXtreme Raises $11M

Posted on: June 21, 2011 by Alastair GoldfisherNo Comments »

Fresh off of raising $1.35 billion for two funds, Accel Partners has backed Palo Alto, Calif.-based ScaleXtreme, a developer of systems management products delivered as a cloud service. Ignition Partners led the $11 million Series B, with participation from previous investor Accel, which had invested $2.5 million in a Series A round last fall. As [...]

Box.net Wraps Up $48M Round Led by Meritech, Andreessen Horowitz, Emergence

Posted on: February 24, 2011 by Alastair Goldfisher2 Comments »

Box.net raised $48 million in a Series D round in a show of just how much VCs are betting on the growing need of enterprises to share and manage business information in the cloud. New investor Meritech Capital Partners is leading the round, with fellow new investors Andreessen Horowitz and Emergence Capital Partners joining prior [...]