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Piston Goes To Cisco, Blue Box to IBM As OpenStack Consolidation Accelerates

Servers in the cloud. Cisco announced this morning it has purchased private cloud — and OpenStack — specialist Piston Cloud Computing. The acquisition comes on the heels of its Metacloud purchase last Fall, and the acquisition marks the latest OpenStack startup to get scooped up as the market consolidation continues.
Meanwhile IBM grabbed the OpenStack private-cloud service Blue Box, another… Read More

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Salesforce Helps Customers Ride Wave To Big Data Platforms

Man in row boat on ocean waves made of bits and bytes. Salesforce Wave, the data analysis platform that Salesforce.com released last Fall, was originally conceived to visualize Salesforce data, but the company is always tinkering with its products. Today it announced a series of connectors that link Wave with popular big data tools with the idea of bringing external data sources to the platform. Partners include Cloudera, Google, New… Read More

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Speakers At The Europas Conference And Awards Reflect Europe’s Diversity, June 16, London

awards16 (1) The Europas Conference & Awards for European Tech Startups, on June 16 in London, is an annual celebration of Europe’s brightest tech companies. From a small bar in central London in 2009, it’s become a fixture of the European scene, with its highly curated daytime speakers and audience, which combines the key startup players in Europe, as well as the hottest newcomers,… Read More

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Salesforce Isn’t Going Anywhere

For Sale by Owner sign on mailbox in front of ranch house. For the past several weeks we’ve been hearing persistent rumors that somebody is going to buy Salesforce.com. The company delivered its quarterly report last week, performing decently, seeing its share price and market capitalization grow as a result. Yet in spite of ongoing industry gossip, it remains unlikely anyone will buy the crown jewel of SaaS. Read More

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EMC Continues Shift To Cloud With $1.2B Virtustream Purchase

Cloud in the middle of a circuit board. EMC announced this morning that it had purchased Virtustream, a cloud management firm, for $1.2 billion. The company has indicated it will incorporate Virtustream as the company’s newly formed cloud managed services business. Virtustream, which launched in 2008 has raised of $129 million since its inception. A billion dollar exit on that kind of raise is not too shabby, and it gives… Read More

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Rubrik Raises $40M As Enterprise Backup Is Suddenly Hot

Drawing of on-premises data backup with man walking toward cloud. Investors are throwing some serious money at enterprise backup these days. If you want proof, look at Rubrik, a startup that has developed a hybrid cloud and on-premises backup solution. It landed $40 million in Series B today.
The round was led by Greylock Partners with participation from Lightspeed Venture Partners and existing angel investors it chose not to name. Today’s… Read More

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BetterWorks’ Goal Is To Bring Goal Setting To Every Organization

Computer and tablet with goals. BetterWorks, a cloud platform that helps companies set and manage goals, announced a new feature today that automatically updates goal progress based on information in Salesforce and Workday. The platform enables employees to set goals in an open fashion so that everyone can understand what others are doing and see how the different pieces fit within the overall goals of the organization.… Read More

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Samanage Raises $16M As SaaS Asset Management Platform Expands

Beatles Help lyrics on a screen. Samanage, a SaaS platform that lets customers manage any type of internal asset, announced $16 million in Series B investment today. The round was led by Marker, LLC and Vintage Investment Partners with participation from existing shareholders Carmel Ventures, Gemini Israel Ventures and Silicon Valley Bank. This round brings the total investment to $24 million. The company’s roots are in… Read More

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OpenStack Embraces Containers

DSC09951 The recent interest in containers has often been perceived as a threat (or at least an alternative) to OpenStack, the open source cloud computing infrastructure platform founded by RackSpace and NASA in 2010. Containers — and container management platforms like Mesosphere, Kubernetes and others — could negate the need for a OpenStack, the thinking goes, because they could manage… Read More

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MuleSoft’s Massive $128M Round Could Be Precursor To IPO

Closeup of mule carrying bags. MuleSoft, the company that helps connect different types of software and services, scored an enormous $128 million investment today. The Series G round was led by Salesforce Ventures with ServiceNow and Cisco Investments also participating. In addition, it saw some public market institution investment including Adage Capital Management, Brookside Capital and Sands Capital Ventures.… Read More

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