Funding

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...

Read more from the source @ http://www.zdnet.com/article/cloud-monitoring-firm-sciencelogic-lands-43-million-from-goldman-sachs/

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...

Cloud Computing: ClusterHQ Raises $12M Series A Round To Expand Its Container Data Management Service

Grazed from TechCrunch. Author: Frederic Lardinois.

ClusterHQ today announced that it has raised a $12 million Series A round led by Accel Partners London, with participation from Canaan Partners and existing investors. The company may not be a household name yet, but its Flocker tool has gotten quite a bit of attention among developers because it makes it easier to move apps that run in Docker containers and their data. Almost by default, Docker is more about handling stateless services — that is, the application logic and not the data.

Whenever you shut down a Docker container, after all, all the data stored in it is lost. Flocker expands the Docker ecosystem by giving developers a tool for managing data volumes in Docker clusters and making them as portable as their Docker containers. It supports many of the most popular databases, key-value stores and message queueing services and runs on most cloud computing platforms, with support for CoreOS, Cloud Foundry and Mesosphere coming soon...

Cloud Computing: Alibaba to Launch Fund for Hong Kong Startups

Grazed from WSJ. Author: Juro Osawa.

If you are an aspiring entrepreneur in Hong Kong, there’s a new fund that may give you financial support – as long as you are setting up your business on Alibaba Group Holding’s platforms. The Chinese e-commerce giant said in a statement over the weekend that it is spending 1 billion Hong Kong dollars (US$129 million) to create the Alibaba Hong Kong Young Enterpreneurs Foundation, which provides select Hong Kong startups with funding, technical assistance and training to help them build up businesses through Alibaba platforms.

The venture investment program will likely start in the second half of this year, Alibaba said. In the long run, the nonprofit foundation could help Alibaba increase its presence outside mainland China by turning young entrepreneurs in Hong Kong into loyal Alibaba customers...

CloudBees Adds $23.5 Million in Financing

Grazed from TalkinCloud.  Author: Dan Kobialka.

CloudBees has secured $23.5 million in a financing round led by Lightspeed Venture Partners. Existing investors Matrix Partners,Verizon Ventures and Blue Cloud Ventures also participated in the financing round.

To date, CloudBees has raised nearly $50 million in total financing; the continuous delivery (CD) platform provider previously added $11.2 million in Series C financing last March...

Cloud Computing: Ravello Systems raises $28 million and announces major release of HVX

Grazed from CloudComputingInfo.  Author: Paola Cornacchiola.

Cloud computing startup called Ravello Systems announces to have secured $28 million funding and to have boost a total of $54 million capital led by Qualcomm Incorporated, through its venture investment group, Qualcomm Ventures, and SanDisk Corporation through SanDisk Ventures. Among the investors that participated in this funding round: Sequoia Capital, Bessemer Venture Partners, Norwest Venture Partners and Vintage Investment Partners.

Ravello Systems Founded in 2011 by the team that created the KVM hypervisor at Qumranet (now part of Red Hat) which is now emerging among enterprises as the third virtualization platform of choice. The company went into public beta in February 2013 and GA in August 2013...

Threat Stack Secures Additional $5M in Funding to Protect Cloud Environments from Intrusions & Data Loss

Grazed from BusinessWire.  Author: PR Announcement.

Threat StackThreat Stack, the provider of security solutions purpose-built for the Cloud, has raised an additional $5M in funding from Atlas Venture and .406 Ventures. The additional funding will be used to further develop and commercialize Threat Stack’s cloud security monitoring service, which officially launched last month, and expand its footprint with customers using Amazon Web Services.

Threat Stack’s Software-as-a-Service (SaaS) provides continuous security monitoring on application workloads, helping companies detect malicious activity and protect their systems from intrusions and data loss. Optimized for the cloud, Threat Stack uses a lightweight agent on the host to enable fast deployment, auto-scaling and flexibility in elastic environments. After a highly successful and over- subscribed beta program, Threat Stack launched on-stage in November at Amazon CTO Dr. Werner Vogel’s Start-up Launch keynote during the AWS re:Invent Conference...

Altiscale raises $30M, now managing petabytes in its Hadoop cloud

Grazed from GigaOM.  Author: Derrick Harris.

Altiscale, the Hadoop-as-a-service startup started by ex-Yahoo CTO Raymie Stata, has raised a $3o million series B round of venture capital led by Northgate, as well as previous investors Sequoia Capital and General Catalyst Partners. The company has raised a total of $42 million since it was founded in 2012.

Stata said the company, which essentially sells full-on managed Apache Hadoop (as well as Storm, Spark and other ecosystem technologies), now has a couple dozen customers running production Hadoop clusters that average about 100 terabytes. Altiscale’s platform became generally available in January 2014...

Xiaomi founder to invest US$1 billion in cloud computing market

Grazed from ChinaTimes.  Author: Editorial Staff.

The first batch of the US$222 million investment in the 21Vianet Group, a leading carrier-neutral internet data center services provider in China, has signaled the intention of Lei Jun, founder and CEO of handset maker Xiaomi, to make major inroads into the cloud computing sector, according to the Beijing-based Caixin Online.

On Dec. 1, 21Vianet announced an investment of US$296 million to buy 69.9 million Class A and 128.8 million Class B ordinary shares in Kingsoft Corporation, Xiaomi and Temasek, a Singapore-based sovereign wealth fund...