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.
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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 [...]
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 [...]
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 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 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 [...]
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 [...]
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 [...]
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 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 [...]