Funding

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...

Five Cloud Computing Funding Stories You Might Have Missed

Grazed from TalkinCloud. Author: CJ Arlotta.

Each week Talkin' Cloud compiles a list of cloud computing financing stories for readers who might have missed the news earlier in the week. This week's column features funding news from ThinkingPhones, Tute Genomics, 21Vianet Group, ThreatStream and SimplyTapp. These stories have been gathered from Talkin' Cloud's article database and other media sources. If we missed something, feel free to leave a comment below. We might just add it into the mix. Here's this week's list of 5 Cloud Computing Funding Stories You Might Have Missed, December 5.

ThinkingPhones Raises $56.7M for Cloud-Based Unified Communications Suite. ThinkingPhones on Wednesday announced it has raised a $56.7 million round of financing for its cloud-based unified communications suite. Technology Crossover Ventures led the Series D round of funding, with participation from existing investor Bessemer Venture Partners. The additional funds bring the company's total financing to date to $89 million...

Read more from the source @ http://talkincloud.com/cloud-computing-funding-and-finance/12052014/5-cloud-computing-funding-stories-you-might-have-missed-nov-21-0

Peak Raises $9M in Funding for Cloud-based IaaS Platform

Grazed from TalkinCloud. Author: CJ Arlotta.

Peak on Wednesday said it has raised $9 million in funding to assist channel partners with leveraging cloud-based infrastructure as a service (IaaS). The Denver-based company enables resellers and agents to white-label Peak's cloud services as their own. It delivers on-demand computing, network and storage resources to customers offering services.

The company said it expects to leverage the additional funds to accelerate demand for its cloud computing platform, and fuel product development and innovation. Existing investing partners Meritage Funds and Sweetwater Capital led the Series A round, with participation from new investor Ares Capital. Peak has raised a total of $16 million in financing since December 2013...

Read more from the source @ http://talkincloud.com/cloud-computing-funding-and-finance/111214/peak-raises-9m-funding-cloud-based-iaas-platform

Mirantis Secures $100 Million for OpenStack Cloud Development

Grazed from TheVarGuy. Author: Christopher Tozzi.

Mirantis, which describes itself as the leading "pure-play" OpenStack cloud computing company, today received its strongest affirmation yet with the announcement of $100 million in series B funding, which makes Mirantis the recipient of the largest investment of its kind in open source history.

Mirantis says the funding will allow it to double the size of its engineering resources for developing its OpenStack distribution, Mirantis OpenStack, which it promotes as the best vendor-neutral, lock-in free OpenStack platform. The financing will also support further investment in the company's other OpenStack products and services, including its rivate cloud-as-a-service platform, Mirantis OpenStack Express...