RackWare Secures $10M Series B Funding to Modernize Cloud Management
RackWare, the leader in enabling comprehensive cloud management for the enterprise, today announced the close of a $10M Series B round of funding led by Signal Peak Ventures, with additional funding from Kickstart Seed Fund and Osage Venture Partners. RackWare will utilize the funding to enhance and accelerate product development and to expand sales, marketing, partnerships and customer support teams.
Guided by CEO Sash Sunkara, a female executive with a proven track record in technology and business development, RackWare has emerged as a mainstay for enterprise IT teams seeking to manage their on-premise, private-cloud and public-cloud applications on one platform. Customers include Blue Cross Blue Shield of CA, Coca-Cola, IBM SoftLayer, HBO, Crayola and Zebra.


Pax8
IDC has revealed a new research study on Salesforce, detailing how the CRM company and its ecosystem of customers and partners will drive nearly 1.9 million new jobs and more than $389 billion in new GDP impact worldwide by 2020. According to the research, when Salesforce released its first product in 2000, cloud computing was in its infancy, an unproven computing technique.
Rackspace, releases version 13 of Rackspace Private Cloud powered by OpenStack to the market. The new version addresses key stability and security requirements for enterprise customers and is based on the Mitaka release.
ZeroStack