Cloud Security Platform Zscaler Raises A $100M Series B Round Led By TPG, Now Valued At Over $1B

Grazed from TechCrunch.  Author: Frederic Lardinois.

Security platform Zscaler today announced that it has raised a $100 million Series B funding round led by late stage investor TPG. The company, which offers a wide range of web, mobile and cloud security services for enterprises, has now raised a total of $138 million and says that its valuation in this last round was over $1 billion. Other investors include EMC and previous investor Lightspeed Venture Partners.

“Our mission is to make the Internet safe for business by delivering an amazing security platform that protects our clients and enables the strategic adoption of cloud computing, mobile devices and the Internet of Things,” said Jay Chaudhry, CEO of Zscaler, in today’s announcement...

Euro SaaS Startups Would Be Idiots Not To Know Notion Capital After $150M Fund Raise

Grazed from TechCrunch. Author: Mike Butcher.

The scale of the opportunity in Cloud computing and SaaS was underlined today with the news that Notion Capital has closed its third fund with a first round of $120m, with a final close of $150m expected. Funds under management will therefore be over $300m. Partners and brothers Ben and Jos White formed Notion in 2008 after selling MessageLabs to Symantec for $700m, one of Europe’s largest B2B SaaS exits. But what is key to note here is the scale of opportunity for European enterprise startups.

For starters, the news makes Notion the biggest dedicated B2B SaaS fund in Europe with 33 investments including Tradeshift, NewVoiceMedia, CurrencyCloud, DueDil, AdBrain and Trustev. It’s already had European exits such as Shutl, to Ebay and Star, to Claranet. Its portfolio also includes many of hottest SaaS companies in Europe right now, including Adbrain, Brightpearl, Currency Cloud, Duedil, IOCS and MOVE Guides...

Superstar-backed Rescale nets $6.4 million to build a better engineering cloud

Grazed from Fortune.  Author: Barb Darrow.

Engineering jobs—things like the design of a complex airplane or car part and the virtual testing of that design—pose special and intense computing challenges. And that’s the job San Francisco-based Rescale, which just announced $6.4 million in funding,

The money comes in the form of a seed round led by the Data Collective with contributions from such luminaries as Amazon AMZN -0.84% founder Jeff Bezos, Virgin Group founder Sir Richard Branson, Ycombinator’s Paul Graham and Sam Altman, and Paypal co-founder Peter Thiel...

DigitalOcean Raises $83M to Help Move Cloud Provider Forward

Grazed from eWeek. Author: Sean Michael Kerner.

Cloud vendor DigitalOcean today announced that it has raised $83 million in a Series B round of funding led by Access Industries and with the participation of Andreessen Horowitz. The new funding, according to Ben Uretsky, co-founder and CEO of DigitalOcean, will help finance his company's growth, buying new servers and investing in the facilities and assets that are needed to move the company forward.

"We're trying to look two to three years ahead to understand what the capital needs of the business are," Uretsky told eWEEK. "When you go out to raise capital, what you're doing is balancing the valuation against the time horizon." To date, DigitalOcean has raised $123.4 million in venture capital, with a $3.2 million seed round of funding in July 2013 and a $37.2 million Series A round in March 2014...

Healthcare Cloud Services Provider Catalyze Raises $4 Million

Grazed from TheWhir.  Author: Nicole Henderson.

Healthcare cloud hosting provider Catalyze has raised $4 million from investors, according to a report by Xconomy on Thursday. The latest funding round brings its total funding to $6 million.  Catalyze was backed by existing investors in its latest funding round.

The company raised a $2 million Series A in 2013. Its investors include Arthur Ventures, Baird Capital and Chicago Ventures. Other participants include the State of Wisconsin Investment Board, Gener8tor, Oshkosh, Angels on the Water and individual investors including Mark Bakken and Don Layden...

Cloud startup Aryaka raises $16M from existing investors led by Nexus

Grazed from VCCircle. Author: Anuradha Verma.

California- and Bangalore-based WAN optimisation and cloud computing startup Aryaka Network Inc has secured $16 million (Rs 100 crore) in funding from existing investors led by Nexus Venture Partners with participation from Trinity Ventures, InterWest Partners, Mohr Davidow Ventures and Presidio Ventures.

The firm will use the money to scale up its sales infrastructure as it has seen rapid demand for its family of network and application acceleration as-a-service offerings, it said. “The funding will allow us to support large global partners, who are excited about adding Aryaka’s capabilities to their traditional WAN offerings. We are positioned to achieve faster market growth and sustained profitability,” said Ajit Gupta, founder and CEO at Aryaka...

Cloud Computing: A New Name, A New Infrastructure Monitoring Platform

Grazed from TopTechNews. Author: Jef Cozza.

With the announcement that it has just raised $28.5 million in venture capital funding, the cloud Relevant Products/Services-based monitoring company SignalFuse has emerged from stealth mode to announce the launch of a new monitoring platform to go along with the company's new name, SignalFx. The San Mateo-based startup offers a software Relevant Products/Services-as-a-service application monitoring platform for infrastructure systems. SignalFx said it raised its financing from Andreessen Horowitz and Charles River Ventures.

Analytics-Based Insights

"An analytics-based approach to monitoring is essential for modern applications," said Phillip Liu, founder and CTO of SignalFx. "With SignalFx and SignalFlow technology, our customers can focus their efforts on interpreting operational metrics, discovering key patterns, and communicating insights with one another rather than building and supporting an undifferentiated metrics infrastructure...

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Cloud monitoring firm ScienceLogic lands $43 million from Goldman Sachs

Grazed from ZDNet. Author: Natalie Gagliordi.

IT cloud services startup ScienceLogic has closed a $43 million Series D round of funding led by Goldman Sachs, the company announced today. Previous investors NEA and Intel Capital also participated. The startup says it plans to use the cash influx to accelerate sales, marketing and product development, and to expand internationally.

ScienceLogic makes software that allows IT teams to monitor their infrastructure from the cloud or on premises -- allowing the firm to enjoy the rising popularity of the hybrid cloud model. Its software can automatically visualize the entire on and off-premise infrastructure of an enterprise, map out the cross-technology and cross-cloud dependencies, and the instantly apply appropriate monitoring policies...

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Cloud Computing: AppDirect Raises $50 Million in Series D Funding Round

Grazed from eWeek. Author: Nathan Eddy.

AppDirect announced $50 million in Series D funding led by Mithril Capital Management. New investors Henry Kravis and Paul Fribourg join existing investors Mithril, Foundry Group, iNovia Capital and StarVest Partners to bring the cloud commerce compay’s total capital raised to $110 million.

"This new funding will enable us to continue our growth and further drive innovation and redefine one of the fastest- growing sectors of cloud computing, cloud service commerce," Daniel Saks, CEO at AppDirect, told eWEEK. "Over the next year we’ll expand geographically to increase our global market share in Europe, Asia and Latin America regions."...

Cloud Computing: Moneyball for Startups - How to Game Silicon Valley's System

Grazed from Wired. Author: Klint Finley.

Running a startup isn’t fair. To succeed, you need talented software engineers who can write good code. You need experienced product managers who can guide those engineers along the way. And in the end, you need savvy marketing types who can promote the finished product. But inevitably, most of the top talent goes elsewhere.

Tech giants like Google and Facebook—not to mention incredibly well-funded newbies like Uber and Dropbox—always have an advantage in the talent wars. They can attract the best and the brightest with enormous salaries, juicy stock options, and a host of other perks, from chic Silicon Valley open office spaces to sprawling coffee bars to of-the-moment artwork...