Cloud Computing Startups Raise Big Money
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Today, there are two startups in focus – Xeround and SurDoc.
Xeround, a California-based startup that describes itself as “The Cloud Database”, announced the successful completion of its Series C round of funding in which it raised $9 million. Previous investors that included Menlo Park-based Benchmark Capital, Israel’s Giza Venture Capital, Ignition Partners and Trilogy Partnership, put in money in this round as well.
According to a press release, Xeround “offers a database-as-a-service for MySQL-based applications that’s elastic, linearly scalable and always on for infrastructure-as-a-service (IaaS), platform-as-a-service (PaaS) and software-as-a-service (SaaS) environments.” The company claims that its “database-as-a-service solution effectively manages auto-scaling, high-availability, self-healing and multi-tenancy, while guaranteeing continuous service during schema changes, resource modifications and the scaling process.”…

