Duco Announces $28M Growth Investment for Data Engineering in the Cloud

Grazed from Duco

Duco, the data engineering technology company, today announced the completion of a $28m investment round by Insight Venture Partners, NEX Opportunities and Eight Roads Ventures. The round also includes an investment by lifetime entrepreneur and former CEO of SunGard, Cristóbal Conde.

Duco provides technology that enables banks, brokers, asset managers and exchanges to normalise, validate and reconcile any type of data in Duco's cloud, providing firms with on-demand data integrity and insight. The company has seen rapid and global growth as the industry re-platforms, adopting advances in leading technology to eliminate operational risk and cost and making actionable data more immediately available across the enterprise. Duco will use the investment to expand its global footprint, with headcount growth in Europe and the US, the launch of an Asia office and an expansion of its award-winning product set.

OwnBackup Secures $7.5M Series B Investment to Meet Demand for SaaS Data and Metadata Backup, Recovery and Replication

Grazed from OwnBackup

OwnBackup, a leading Software-as-a-Service (SaaS) application backup and restore vendor, today announced the close of a $7.5 million Series B round led by Insight Venture Partners, a New York-based private equity and venture capital firm and one of the world's largest investors in high-growth software companies. Existing investors Innovation Endeavors, Oryzn Capital and Salesforce Ventures also participated in the round, which constitutes a minority equity stake.  

The round comes on the heels of an explosive year for OwnBackup, with 330% year-over-year revenue growth in 2016. Users of SaaS applications are increasingly turning to OwnBackup for data protection, archiving, compliance and development enablement. These organizations are fueling a burgeoning market for cloud-to-cloud private backup, recovery and replication services. The new capital will fuel the company's continued expansion and speed product innovation, including backup and recovery services for additional SaaS applications and the simplification of test data environments for developers working with SaaS applications.   

Top Three Cloud Computing Stocks to Watch

Grazed from ProfitConfidential. Author: Stephen Karmazyn.

Investing in the tech industry has never been more interesting than today. Consider all the various technologies set to make huge breakthroughs in the coming years, promising to revolutionize everything from the way we do business to the way we live our day-to-day lives. These type of shifts in the past only come along once in a generation, but with our accelerated development and adaptation of new tech, we’re seeing these paradigm-altering events with more regularity.

And that’s what makes cloud computing stocks so intriguing. Alongside Big Data, the Internet of Things, augmented and virtual reality, the cloud computing industry could be one of the best investment opportunities for those looking to get a head start on future trends. After all, we’re already witnessing a mass migration of businesses into data-centric analytics and the online capabilities of cloud computing...

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How to Invest in Cloud Like a Venture Capitalist

Grazed from InvestingNews. Author: Morag McGreevey.

Cloud computing companies are sweeping the tech landscape at a pace that’s sometimes leaving investors behind. The sector changes so rapidly and dynamically that it’s sometimes difficult to determine which companies are going to transform the way we think about information, data, mobility and tech… and which will prove to be a flash in the pan.

In order to glean some insight into the market, the Investing News Network looked into the investing habits of venture capitalists in this sector. By looking to these professionals, who make a career of getting in on the ground floor, we can estimate the next big trends in cloud investing which are likely to take hold. So without further ado, here’s how to invest in cloud like a venture capitalist...

CloudEndure Completes its Round B Investment of $13M

Grazed from CloudEndure

CloudEndure, a provider of live-migration and disaster recovery solutions, announced that it has raised an additional $6 million investment by unnamed global strategic investors, bringing the total raised in its recent Series B round to $13 million and a total funding for the company of $18.2 million. Announced earlier, CloudEndure's Series B round was co-led by Infosys, a leading information technology services provider working with the world's leading enterprises, and previous investor, Magma Venture Partners.

Telstra invests in Chinese cloud computing firm

Grazed from AFR. Author: Editorial Staff.

Telstra's ventures subsidiary has made a strategic investment in Chinese cloud services provider, Qiniu, for an undisclosed sum. The telecom giant said Qiniu offers data hosting and processing for companies in China and across Asia. Telstra Ventures managing director Matthew Koertge said the deal builds on the company's momentum in Asia.

Telstra has made five venture investments in the region in just over a year, and acquired Asian telecommunications services provider Pacnet in 2015. "The opportunities created by the digital explosion underway across Asia, particularly in the Chinese market, underpin this latest investment," Mr Koertge said....

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Salesforce Eyes Europe: To Invest $100M in Cloud Start-ups

Grazed from Zacks. Author: Editorial Staff.

Investments in start-ups have always been one of the key growth strategies of, Inc. (CRM - Analyst Report). In this regard, the company’s investment arm, Salesforce Ventures, recently announced its decision to invest $100 million specifically in European start-ups.

Over the past few years, Salesforce has invested in several start-ups, be it through acquisitions or partnerships. However, these were mainly focused on the U.S. According to a report by Tech Crunch, since 2009, Salesforce Ventures has invested about $500 million in over 150 enterprise start-ups. However, only 17 of these were based in Europe, while the rest were from the U.S...

Investor confidence is highest in cloud computing say venture capitalists

Grazed from BusinessCloudNews. Author: Editorial Staff.

Cloud computing has been hailed as the strongest technology investment sector for the third time in a row in a survey that gauges confidence among capital, private and growth equity speculators. The cloud sector came out strongest in the 2015 Global Venture Capital Confidence Survey compiled by Deloitte and the National Venture Capital Association (NVCA).

The study quizzes 200 speculators on the general venture capital environment as well as other market factors such as conditions in industries and across regions. While biopharmaceuticals and robotics reported the highest levels of confidence growth, and the Internet of Things (IoT) was recognised for the first time by the study, cloud computing was the top tech trend for the third year in a row...

Cloud Computing: Investors Buy Shares of, inc. on Weakness (CRM)

Grazed from DCProgressive.  Author: Lisa Michaels.

Investors bought shares of, inc. (NYSE:CRM) on weakness during trading hours on Friday, Analyst Ratings Net reports. $215.54 million flowed into the stock on the tick-up and $49.94 million flowed out of the stock on the tick-down, for a money net flow of $165.60 million into the stock. Of all stocks tracked,, inc. had the 31st highest net in-flow for the day., inc. traded down ($0.92) for the day and closed at $71.40

Several brokerages have commented on CRM. Roth Capital reaffirmed a “buy” rating on shares of, inc. in a report on Monday, August 24th. FBR & Co. reiterated a “buy” rating and issued a $82.00 target price on shares of, inc. in a research report on Monday, July 13th. Jefferies Group restated a “sell” rating on shares of, inc. in a research report on Monday, August 24th...

C-suite executives at mid-market firms investing in analytics, cloud

Grazed from CIO. Author: Thor Olavsrud.

C-suite executives in mid-market firms are increasingly involving themselves in technology decision-making, and they are focusing on cloud and analytics, according to a new report by Deloitte Growth Enterprise Services. "In the middle market, technology really has become a C-suite issue," says Stephen Keathley, national technology leader of Deloitte Growth Enterprise Services and principal of Deloitte Consulting.

"The numbers are way up for executives that are actively involved in their company's technology decisions." Between May 29 and June 15 of this year, market research firm OnResearch polled 500 executives at mid-market companies on Deloitte's behalf. The poll focused on the role and value that technology plays and how it influences business decisions in the middle market...