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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, 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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Amazon Web Services announced a new service today called Lambda, a stateless event-driven compute service for dynamic applications that doesn’t require provisioning of any compute infrastructure. As AWS’s CTO Werner Vogels pointed out, this will enable programmers to reduce their overall development effort. You simply write the code and define the event triggers, and it will run… Read More
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Major League Baseball recognizes it’s a software-defined world and as such over the last several years, it’s been moving quickly to create applications to enhance the fan experience and let them watch and interact with MLB properties, wherever they are on whatever device they wish to use. But MLB is also a statistics-driven game so the league worked with Amazon Web Services to… Read More
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Today on stage at AWS re:invent in Las Vegas, Andy Jassy, senior VP for AWS announced a new product called AWS Service Catalog that lets administrators set up a portal with a variety of services configured as they wish, while providing a way to track who is using the services for compliance and perhaps charge-back purposes. The promise of the cloud has always been the ability to set up a set… Read More
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Tidemark announced the latest update to its cloud financial planning platform today, one that mixes big data from internal and external sources to give customers a way to predict what’s going to happen next, rather than simply report on what’s happened. Tidemark CEO Christian Gheorghe says today, too many companies are looking at their financials and not seeing the whole… Read More
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Until today, cloud infrastructure company Joyent had raised a total of $120 million in a number of funding rounds, with its 2012 $85 million Series D round being the latest and largest. There aren’t all that many companies that go past the Series D stage, but cloud platform provider Joyent today announced that it has raised an additional $15 million from existing investors Intel… Read More
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The promise of the cloud, whether private or public, has always been the potential to bill users or lines of business for specific usage, but it’s proven difficult to do in practice. Today, Cloudyn introduced a new tool called Cost Allocation 360° that attempts bring some clarity to cloud billing, whether it’s in the data center or the public cloud. Cloudyn CEO Sharon… Read More
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EMC announced some big changes today including the purchase of three cloud companies, a new hybrid cloud product and a reorganization designed to emphasize the cloud. For those of you who don’t speak technology-buzzword English, the Hybrid Cloud is an approach where some of your computing is done in an on-premises data center and some is delivered by a public cloud provider such as… Read More
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The news came out this week that IBM had another bad quarterly report card. Unfortunately for IBM it marked the 10th straight quarter of falling revenue, indicating that maybe something’s not quite right at Big Blue. IBM’s earnings illustrate the challenge they face as they transform themselves into a cloud-centric company.
It could be that it will take some time for that… Read More
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