Santa Clara, California-based Cohesity, a provider of converged secondary storage, has named Riccardo Di Blasio as COO and head of field operations. Previously, Di Blasio was the senior vice president of vCloud hybrid services at VMware. Cohesity’s backers include Sequoia Capital, Wing Venture Capital, ARTIS Ventures, Google Ventures, Qualcomm Ventures, Accel Partners, Battery Ventures and Trinity Ventures.Continue
CENX, a provider of service orchestration solutions for software-defined networks, has secured $12.5 million in Series D funding. The investors were BDC Capital, Mistral Venture Partners, VMware, Highland Capital Partners, Mesirow Financial Private Equity Inc, Verizon Ventures, Ericsson, DCM Ventures and Cross Creek Advisors.Continue
Mountain View, California-based cloud security automation company HyTrust Inc has raised $33 million in funding. Accelerate-IT Ventures led the round with participation from other investors that included Vanedge Capital, Epic Ventures, Granite Ventures, Trident Capital, Cisco, Fortinet, Intel Corp and VMware. In addition to the funding, HyTrust has added Brian Nugent, a general partner at AITV, to its board of directors while AITV co-founder and General Partner Bill Malloy III, and Moe Kermani, a partner at Vanedge Capital, have been named as board observers.Continue
Red Hat has agreed to buy FeedHenry, an enterprise mobile application platform provider, for about 63.5 million euros in cash. FeedHenry’s backers include Intel Capital, ACT Venture Capital, Kernel Capital, VMware and Enterprise Ireland.Continue
JFrog said Wednesday that it has raised $7 million in Series B round funding. The investors included VMware and Gemini Ventures. Based in Israel and Calif., Jfrog provides tools for software developers.Continue
Cisco, Google Ventures, Kleiner Perkins Caufield & Byers, Triangle Venture Capital Group, True Ventures and VMware have invested $40 million in Puppet Labs, which provides IT automation software. The funding brings total venture capital raised to $86 million since June 2009. Puppet Labs also added Mukesh Sharma as vice president of sales, EMEA.Continue
Redpoint Ventures brought on two VMware executives as entrepreneurs in residence, TechCrunch reports. Javier Soltero was CTO of SaaS & application services at VMware before joining the firm, according to a bio posted on the Redpoint Web site. He came to VMware after the company he co-founded, Hyperic, was acquired by SpringSource, which was acquired by VMware.Continue
FeedHenry said it raised $9 million in a round led by Intel Capital and joined by new investor ACT Venture Capital and existing investors Kernel Capital, VMware Inc. and Enterprise Ireland. Private investors also participated. The new funding will support the international expansion of the company’s mobile application platform.Continue
Puppet Labs said it raised $30 million from VMware, Inc. The two companies also agreed to a partnership for delivering IT management products.Continue
Most everyone knows the story of the “PayPal Mafia.” The term refers to how a network of founders and early employees of the online payment services company—people such as Peter Thiel, Max Levchin, Ken Howery, Luke Nosek, Roelof Botha, Elon Musk, Chad Hurley, Steve Chen, Jawed Karim and Reid Hoffman, among others—leveraged their connections to […]Continue
In recent months, venture capitalists have been complaining that a shortage of talented engineers is driving up engineering salaries at their portfolio companies. Turns out all that complaining is warranted. Created in part by the explosive growth of companies like Facebook and Zynga, as well as the sheer numbers of Web companies to spring into […]Continue
“I’ve thought about writing a blog. I’ve thought a lot about it, but that’s not really me,” said Mike Kwatinetz, dipping into an omelet yesterday at Bob’s Steak & Chop House, an old-school San Francisco eatery. “I can’t help but feel there are better uses of my time.”
The sentiment wasn’t surprising coming from Kwatinetz, who co-founded the tech-focused venture firm Azure Capital Partners in 2000 with several other former investment bankers, all of whom once reported to star banker Frank Quattrone.
Azure does much the old-fashioned way. You’d never find Kwatinetz in a hoodie, for example. He uses a Blackberry. And though Azure’s deal size varies considerablyContinue
(Reuters) – VMware Inc (VMW.N: Quote, Profile, Research, Stock Buzz) is in advanced talks to buy Novell Inc’s (NOVL.O: Quote, Profile, Research, Stock Buzz) Linux operating system business, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
The paper reported that private equity-backed software company Attachmate Corp [WIZARA.UL] could buy some or all of Novell’s remaining assets.Continue
Four acquisitions of virtual software and cloud-based companies this week have fueled speculation that there will be more to come. At the VMworld conference this week, the buzz has mostly been about the bidding war over 3Par, which Hewlett-Packard won today with its $2.4 billion offer. (As we previously reported, a few VC firms stand […]Continue
(VentureBeat) — Virtualization giant VMware announced today that it has acquired an IT analytics startup called Integrien for $100 million.
Irvine, Calif.-based Integrien offers systems monitoring software, similar to IBM’s Tivoli, with an emphasis on up-to-the-minute information about problems with your infrastructure. Microsoft’s Sidekick unit signed up as a customer to make sure it doesn’t have another outage like it did last fall. Itegrien was funded by Clearstone Venture Partners, Tech Coast Angels, Acartha Group, and Mariner Capital Ventures, most recently in an $8 million round announced in May.Continue