Funding

CloudPhysics raises $15 million in Series C funding

Grazed from Cloud Computing Info. Author: Massimo Ferrari.

CloudPhysics is a provider of a SaaS performance and capacity analytics solution, the first in its segment to leverage the informations collected for its customer datacenters to improve the intelligence and effectiveness of the product itself. The company, founded in November 2011 from John Blumenthal and Irfan Ahmad, both former VMware employees, but publicly presented only in July 2012, announced today a new Series C funding of $15M that comes on top of a $10M Series B funding achieved in August 2013 and led by Kleiner Perkins Caufield and of a previous $2.5M funding from angel investors and the Mayfield Fund, announced in August 2012, for a total funding of $27.5M in 3 years.

This new funding, that sees Jafco Ventures to support Kleiner Perkins Caufield and the Mayfield Fund in this new round, will be invested to furtherly improve the storage monitoring side of the product, launched today as a new Storage Analytics, and to develop the custom reporting area where CloudPhysics is already quite strong with the ability to create infographics and scorecards with a more “high level” aim...

Read more from the source @ http://cloudcomputing.info/en/news/2014/06/cloudphysics-raises-15-million-in-series-c-funding.html

Cloud Computing: Google Capital backs cloud startup Freshdesk

Grazed from EconomicTimes.  Author: Editorial Staff.

Google Capital is investing in Chennai-based customer support software provider Freshdesk, along with existing investors Tiger Global and Accel Partners. Tiger Global led the $31 million (about Rs 184 crore) funding round.

This is the firm's fourth round of funding. It previously raised $13 million (about Rs 77 crore) from Tiger and Accel. Girish Mathrubootham, cofounder of Freshdesk, said Google Capital's investment is a validation of the company's business.   "They have a great brand name, have excellent network and have huge reach into small and medium businesses...

Blackstone Makes Strategic Investment in Cloud Theory

Grazed from BusinessWire. Author: PR Announcement.

Blackstone (NYSE:BX) today announced that it has made a strategic investment in Cloud Theory, a technology consulting firm specializing in cloud-based solutions, to expand its product offering with customized Salesforce software for alternative asset managers. Cloud Theory's FundEngine solution was designed and built in partnership with the Blackstone Innovations team, and offers a turn-key, client-facing customer relationship management ("CRM") system for alternative asset management firms that is built on top of the Salesforce platform, an industry leader in cloud computing and CRM software.

FundEngine customizes the general purpose Salesforce platform and tailors it for alternative asset management business development, fundraising and client relations, as well as fund management, due diligence and research management. FundEngine also integrates with leading industry vendors, back office systems and fund administrators...

Cloud network optimizer Arista Networks sets terms for $200 million IPO

Grazed from PRWeb. Author: PR Announcement.

Arista Networks, which sells 10/40/100 Gigabit Ethernet switches and software for cloud-computing data centers, announced terms for its IPO on Tuesday. The Santa Clara, CA-based company plans to raise $200 million by offering 5.3 million shares at a price range of $36 to $40. At the midpoint of the proposed range, it would command a fully diluted market value of $2.8 billion.

Arista Networks, which was founded in 2004 and booked $417 million in sales for the 12 months ended March 31, 2014, plans to list on the NYSE under the symbol ANET. The company initially filed confidentially on January 31, 2014. Morgan Stanley, Citi, BofA Merrill Lynch, Barclays, Credit Suisse, Deutsche Bank and RBC Capital Markets are the joint bookrunners on the deal. It is expected to price next week.

ClearDATA Secures Funding from Norwest Venture Partners for Healthcare Cloud Computing

Grazed from ClearData.  Author: PR Announcement.

ClearDATA Networks, Inc., the leading healthcare cloud computing platform and service provider, today announced it has secured funding from Norwest Venture Partners (NVP) and several industry angel investors. The company has demonstrated strong revenue growth through its existing customer base which ranges from single provider practices to small and large hospitals throughout the U.S...

Over the past three years, ClearDATA has entered into several strategic partnerships and currently provides cloud hosting and information security services to over 10,000 healthcare practitioners. The funding will be used to grow the companys products and presence in order to meet the increasing demand for its secure, HIPAA-compliant cloud computing services in the healthcare industry...

Cloud Computing: Aereo’s court case chills startup cash

Grazed from TheBostonHerald.  Author: Jordan Graham.

Aereo’s landmark Internet broadcast Supreme Court case is casting a pall over venture funding for the cloud computing industry, experts are warning.  “The mere existence of this will make it much harder to raise funding, because the risks have gone up,” said Michael Davies, chairman and founder of Endeavor Partners, a Cambridge consulting firm for technology companies.

Last week, the Supreme Court heard the case in which Aereo defends its right to grab television broadcast signals and stream TV through the cloud to users for a small fee of about $8 a month — and without paying retransmission fees. Aereo, run by founder and CEO Chet Kanojia, contends its antennas are no different than old-fashioned rabbit ears and its service constitutes what is legally known as a “private performance.” Broadcasters contend the business is offering a “public performance” and the company is violating copyright...

Cloud Computing: FireHost raises $25 million in Series E funding

Grazed from FireHost. Author: PR Announcement.

The Stephens Group, LLC, has led a $25 million Series E funding round in FireHost, a secure cloud company. The funding will allow FireHost to invest in all aspects of secure cloud computing, including providing further separation in technology required to protect customers from evolving security threats.

FireHost, the secure cloud company, today announced a $25 million Series E funding round led by its longtime investment partner, The Stephens Group, LLC. The latest round fuels FireHost’s global growth as the leading secure cloud provider, helping customers with compliance and security needs – from healthcare to retail companies – protect critical applications and data...

AppDirect Raises $35 Million to Drive Growth of the Global Cloud Economy

Grazed from BroadwayWorld. Author: Editorial Staff.

AppDirect, the leading cloud service marketplace and management company, announced today that it has raised $35 million in Series C funding led by new investor Mithril Capital Management. Existing investors, including iNovia Capital and Foundry Group, also participated. The large investment cements AppDirect's leadership in cloud services brokerage, the fastest growing sector of cloud computing, and will enable the company to continue its rapid, aggressive growth.

"AppDirect's founding vision was to make it incredibly easy for businesses to find, buy, and use the services they need to be successful. We're well on our way to making that vision a reality, and with this investment, we'll be able to accelerate and go even faster," said Daniel Saks, co-founder and co-CEO of AppDirect...

Cloud Development Platform Nitrous.IO Closes $6.65M Series A Round Led By Bessemer To Make Enterprise Push

Grazed from TechCrunch. Author: Frederic Lardinois.

Nitrous.IO, which offers developers a flexible and collaborative online development environment, today announced that it has closed a $6.65 million funding round led by Bessemer Venture Partners. The round also included participation from 500 Startups, CrunchFund, Eduardo Saverin, Golden Gate Ventures, Pershing Square Capital Management’s Bill Ackman, Viki.com CEO Razmig Hovaghi and Lion Rock Capital. (TechCrunch founder Michael Arrington is a partner at CrunchFund.)

The oversubscribed round includes almost everybody who also participated in the company’s $1 million seed round, with the exception of TIBCO Software and Draper Associates. “The development community brought cloud computing to the masses, and now Nitrous.IO returns the favor!” said David Cowan, partner at Bessemer Venture Partners. “As a (former) coder myself, I know how great it is for developers everywhere to reclaim the hours spent every week building, maintaining and debugging localhost. In fact, I expect that in coming years Nitrous.io will save billions of expensive man­hours.”...

Computenext raises $4M to be an Expedia for cloud computing software

Grazed from GeekWire. Author: Taylor Soper.

All the way back in October 2011, Sundar Kannan stood in a basement of the Techstars Seattle headquarters and spent one minute pitching an idea for his new company, Computenext. The startup didn’t have much to show back then, but fast forward to today and the progress is impressive. With a team of 12 based in Bellevue and more than 50 in India, Computenext just raised $4 million of a $10 million round with plans to grow quickly and rapidly in 2014.

Kannan, who formerly worked on the Windows Azure team at Microsoft, describes the company as an “Expedia for cloud computing.” At its core, Computenext is an online brokerage firm that hosts a marketplace for businesses who are both building and seeking an array of cloud services. Computenext, which also offers its own cloud solutions for specific verticals, makes money by taking a small cut from every transaction...