Funding

Cloud Database Startup NuoDB Gets $14.2 Million Investment

Grazed from eWeek.  Author: Chris Preimesberger.

NuoDB, Inc., a cloud-based database startup based in Cambridge, Mass., on Feb. 28 announced that it has secured a $14.2 million investment led by European-based 3D software maker Dassault Systemes.  Also participating in the round are NuoDB's existing investors, which include Morgenthaler Ventures, Hummer Winblad Venture Partners, and Longworth Venture Partners.

NuoDB claims to provide scale-out performance, continuous availability and geo-distributed data management. This is a single, logical database that can be deployed via the cloud in multiple locations simultaneously...

Retail Cloud Software Company Ecommera Secures $41 Million to Embark on Global Mission to Reconfigure Retail

Grazed from eCommera.  Author: PR Announcement.

eCommera, a global software-as-a-service (SaaS) and big data company that was formed to help retailers profit from the move to omni-channel commerce, has announced a $41 million Series C funding round - one of the largest raises in its category.

Dawn Capital led the round together with investors West Coast Capital, Frog Capital, ePlanet Capital, WPP and new partner Wti. The funding will be used to advance global growth of a next generation "Decision Intelligent Commerce" solution built exclusively for retailers. This game-changing solution combines big data predictive analytics with online, mobile and operational software to allow retailers to sell everywhere, fulfil from anywhere and to do so profitably...

Datadog Raises $15 Million to Deliver Scalable Monitoring for Next-Generation Cloud Deployments

Grazed from DataDog.  Author: PR Announcement
 

Datadog, the SaaS-based monitoring and data analytics platform that provides a unified view of IT infrastructure today announced that it has raised $15 million in a Series B round led by OpenView Venture Partners, with follow-on investments from Index Ventures, RTP Ventures, Amplify Partners, IA Ventures and Contour Ventures. Dev Ittycheria, OpenView’s Managing Director and former Founder and CEO of BladeLogic, will join the company’s board of directors.

Datadog will use the latest financing to accelerate the development of its next-generation monitoring platform for highly scalable cloud infrastructure. The company will also be aggressively growing its engineering division and expanding its sales and marketing teams in New York and Boston to meet the increasing market demand.

Cloud Infrastructure Provider Peak Raises $4 Million in Funding

Grazed from thwhir. Author: Nicole Henderson.

Cloud infrastructure provider Peak, formerly PeakColo, announced on Thursday that it has raised $4 million in new financing to help support key partnerships and increasing demand for cloud computing services. Meritage Funds and Sweetwater Capital, both existing investors in Peak, participated in the funding round.

Peak has cloud nodes in eight locations across the US and Europe, and plans to use the funding to expand its reach and serve a larger customer base. Currently, it has cloud nodes in Silicon Valley, Seattle, Denver, Chicago, New Jersey, New York, Atlanta and the UK. Peak added its cloud nodes in Santa Clara and Atlanta at the beginning of December...

Google Ventures backs DNAnexus' $15M round for R&D cloud platform

Grazed from FierceBioTech.  Author: John Carroll.

Google Ventures has joined a group of investors seeding DNAnexus' cloud-computing services for biomedical researchers with a $15 million C round.  Mountain View, CA-based DNAnexus bills itself as a centralized hub for sorting through the virtual mountain of genetic data that is being generated, working with researchers hunting down the causes of complex diseases in search of new therapies. That's right down Google Ventures' alley. The round was also backed by Claremont Creek Ventures, TPG Biotech, and First Round Capital.

Just weeks ago DNAnexus joined with Amazon ($AMZN) and Baylor College of Medicine to update researchers on a huge sequencing program aimed at understanding the genetics involved in heart disease and aging. Hundreds of scientists have sequenced thousands of genomes and exomes, creating 430 terabytes of data, which the consortium provides tools and cloud services to analyze in search of the genetic causes of diseases...

OwnCloud Raises $4.4M to Expand Sales and Marketing

Grazed from TalkinCloud. Author: CJ Arlotta.

OwnCloud enables choice of storage, public or private. Cloud-based file sync and share technology provider ownCloud has raised $4.4 million of a proposed $7 million round of funding. The round of funding was disclosed in an SEC filing this week by OwnCloud. The funding will be used for the company's sales and marketing, and developer organizations, a company spokesperson told Talkin' Cloud.

An ownCloud spokesperson told MSPmentor explained the company's differentiation from other vendors such as Box or Dropbox in the following way:...

Read more from the source @ http://talkincloud.com/cloud-computing/owncloud-raises-44m-expand-sales-and-marketing

Apprenda Scores C Round - Is PaaS Finally Here?

Grazed from Forbes. Author: Ben Kepes.

Platform as a Service (PaaS) has long been heralded as the next big wave for cloud computing (disclosure, I’m an adviser to ActiveState, a PaaS vendor). Distinct from the more readily understood (and more broadly adopted) Infrastructure as a Service, PaaS provides higher value to organizations by abstracting more non-core technological requirements away from the business.

PaaS offerings further facilitate the deployment of applications when compared to IaaS since they not only take care of the infrastructure-level requirement but also offer further integrated services and the application development platform. It’s fair to say though that PaaS brings with it some broader concerns than the more simple IaaS – concerns have long been raised about the amount of lock-in that PaaS vendors create for their customers – one of the earlier PaaS offerings, Force.com is often complemented in one breath for the way it democratizes development, but criticized in the other breath for the lock-in that it creates...

LiquidM Unwraps Industry's First White-Labeled Mobile Advertising Management Platform & Announces $5M Series A Funding

Grazed from LiquidM. Author: PR Announcement.

LiquidM today announced the public availability of its white-labeled Mobile Advertising Management Platform (MAMP), which allows mobile media buyers to optimize their management processes across the full range of premium to performance advertising. To customers who care about returns, quality, and efficiency, LiquidM provides a business model-agnostic full stack to manage and optimize their mobile advertising campaigns.

LiquidM's modular, cloud-based SaaS replaces Build-Your-Own (BYO) or inadequate point solutions of ad tech infrastructure with a standardized, open platform that is customizable to individual needs. Additionally, the company is also announcing a $5M series A funding from Blumberg Capital, Earlybird, and Asset Management to fuel the growth and marketing of the product...

From funding to market share: Choosing a cloud computing startup

Grazed from TechTarget. Author: Beth Pariseau.

From AppScale to Zillabytes, a plethora of cloud computing startups have emerged in recent years. There are three ways to go from here: acquisition, IPO or failure. Thus, IT pros considering products from a cloud computing startup should also closely examine the company's funding, market segment and partner ecosystem before they buy.

Identifying the source of funding for CliQr Technologies Inc. was important for Robert Banks, director of PZFlex, a virtual prototyping company based in Mountain View, Calif. that uses CliQr's CloudCenter software to manage clouds hosted by Hewlett-Packard Co. (HP), Amazon Web Services (AWS) and Rackspace Inc...

Logentries Raises $10 Million and Names SaaS Veteran Andrew Burton as CEO

Grazed from GlobalNewsWire. Author: PR Announcement.

Logentries, a new cloud-based service provider for collecting and analyzing huge quantities of machine-generated log data, has received $10 million in Series A financing and has named Andrew Burton as president and CEO. Unlike costly log management alternatives that require advanced technical skills to use, Logentries utilizes a unique collective intelligence model to transform otherwise difficult-to-consume log data into actionable business and operational insights. Logentries will use the funds to accelerate product development and aggressively drive a go-to-market strategy. The financing round was led by Polaris Partners, along with Floodgate, Frontline Ventures, and RRE Ventures. Floodgate is a new investor joining the other firms that provided $1 million seed money in 2012.

"With big data transforming businesses of all kinds, Logentries lets customers focus on the data that matter most - the less than 1% of log entries that contain the game-changing information that's hidden among the other 99%," said Andrew Burton, president & CEO, Logentries. "I'm excited to join the Logentries team where our goal is to harness the power of log data and make it accessible to anyone."...