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CipherCloud Scores $50M As Cloud Security Comes To Forefront
CipherCloud landed a bushel of cash today as it announced $50M in Series B funding to continue building its cloud security business. The round was led by Transamerica Ventures along with Delta Partners and existing investors Andreessen Horowitz and T-Ventures, the venture capital arm of Deutsche Telekom also pitching in. When I asked CipherCloud executives why they thought they were… Read More
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Veradocs Scores $14M To Help Secure Documents Across File Sharing Services
Veradocs, a new data security company that purports to protect data and documents across services wherever they go, announced $14M in Series A funding today.
The round is led by Battery Ventures with additional funding from Amplify Partners and angel investors, including Nick Mehta, CEO of Gainsight. The company also announced that Robin Daniels, who was formerly the head of enterprise… Read More
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UpWest Labs Nurtures Promising Israeli Startups In Silicon Valley
UpWest Labs was founded in 2012 with a simple idea. Israel has tons of startup talent, but much of the funding is in the U.S. The founders decided to put the two together and bring a small group of promising Israeli entrepreneurs to the U.S. for four months to meet customers, partners and investors. Today marks the 8th graduating class. Today’s graduating group is comprised of 7… Read More
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Coca-Cola Hopes Its Startup Incubator Is The Real Thing
Suddenly major brands are looking to get into the startup funding game, whether we’re talking GE, Yammer or even non-tech brands like McDonald’s. Coca-Cola is another consumer brand looking for an edge by funding new startups. Coke isn’t doing it for pure investment purposes necessarily, but because they believe lean startups can give them the creativity, agility and speed… Read More
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BigPanda Wants To Bring Order To IT Alerts Madness
Today we have monitoring tools generating logs and logs of data flowing into our data centers, letting us know everything that’s happening down to a detailed level. That’s a good thing, right? Not necessarily, because the more information we need to sift through, the more overwhelming it becomes and the more impossible it becomes for humans to track. BigPanda asserts that it can… Read More
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Snowflake Computing Emerges From Stealth With $26M In Funding To Modernize The Data Warehouse
Snowflake Computing came out of stealth today and announced $26M in Series B funding. They hope to modernize the data warehouse by creating a cloud-based system that can process both structured and semi-structured data in a single system, giving their customers what they believe to be the best of both worlds.
The funding is led by Redpoint Ventures along with Sutter Hill Ventures and Wing… Read More
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Mirantis Scores $100M To Continue Quest To Be Enterprise OpenStack Leader
Mirantis jumped on the OpenStack bandwagon a few years ago when most companies had never heard of it, and it has ridden the wave as the project has grown increasingly popular with each passing year. Today, the company announced $100M in Series B funding to continue its quest to be the leader in enterprise OpenStack, a chunk of change that should help it keep marching forward. It’s… Read More
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Former Netezza Team Reunites And Lands $8M To Solve Today’s Big Data Problem
In 2000, some companies had big data problems before the concept we know today even existed. Back in those days, these organizations used a concept called the data warehouse to deal with large amounts of data, and a company called Netezza formed to build an appliance to simplify data warehousing. The company was sold in 2010 to IBM for a cool $1.7B, but they have decided to get the band… Read More
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Zoomdata Scores $17M To Help Update the Business Intelligence Market
Business Intelligence is a highly mature market that’s been altered once before, but new-comer Zoomdata wants to disrupt the space one more time –and they got $17M in Series B funding today to continue their quest. The round is led by by Accel Partners with help from NEA, Columbus Nova Technology Partners, Razor’s Edge Ventures and B7. It follows their Series A round of… Read More
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Alteryx Lands $60M To Boost Data Analytics App-Building Platform
Alteryx, a company that has been providing a way to build analytical apps from a variety data sources via a workflow interface, got a big boost in funding today, announcing a $60M Series B round. The round was led by Insight Venture Partners with participation from existing investors SAP Ventures and Toba Capital. Their most recent round prior to this was $12M Series in May, 2013. The… Read More
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