OpenStack consultancy Mirantis has raised a $100M funding round led by a cadre of venture capital firms and the company’s CEO says he hopes to take the company public in 2016.
The National Science Foundation will devote $35 million in research funding over the next five years to accelerate the safe, intelligent, design and control of unmanned aircraft applications. The announcement was part of a wide-ranging White House Office of Science and Technology Policy proclamation to, as it said, promote the safe integration and innovative adoption of unmanned aircraft systems across the United States.
VocalData last week announced a new round of venture funding that will be put toward helping the company better meet the needs of carriers using its software to expand their hosted IP telephony rollouts.
EMC, Xiotech, Nimbus and Actifio announced this week a variety of news – a new deduplication appliance, an SSD appliance, a desktop virtualization initiative and the launch and funding of a new storage startup.
Capriza, a startup that helps enterprises convert their legacy apps into mobile- and cloud-based ones, Thursday announced it has racked up an additional $27 million in venture funding. That should be enough to help Capriza scale its business on the marketing and sales side, and maybe even have enough left over to afford a drummer and bassist to form a company band (more on that later…).
The US Department of Energy said it has whittled 92 teams down to 9 finalists for its competition that aims to double the current amount of energy captured from ocean waves. Each of the finalists in the Wave Energy Prize and two alternates will now receive seed DOE funding to develop a 1/20th-scale model of their deep water wave energy converter (WEC) devices. The final round of testing will take place this summer at the nation's most advanced wave-making facility—the Naval Surface Warfare Center's Maneu
There's no scientific formula behind this list: It's just a bunch of new-ish, mainly enterprise-focused computing and networking companies that have launched, received fresh funding of late or otherwise popped onto my radar screen.
Venture funding of network start-ups continued its record slide in the fourth quarter last year, as the poor economy and a lack of corporate and carrier IT spending took heavy tolls.
Cleversafe, a cloud storage platform vendor, last week announced that it has receive $31.4 million in funding and enhancements to its version 2.3 storage platform.
Nirnanix, a cloud service provider, announced today that it has hired a new CEO and brought in new funding. The company hired Scott Genereaux, formerly senior vice president of sales and marketing at QLogic as CEO. And it added $10 million to it's funding for a total of $33 million from Intel Capital, Valhalla Partners,Windward Ventures and Mission Ventures.
Pluribus Networks, an SDN start-up developing converged compute, network, storage and virtualization systems, said it raised $50 million in a Series D round of funding led by Temasek, an investment company based in Singapore with a net portfolio value of $177 billion.
Stealth startup Snowflake is clandestine no longer, throwing off the wraps Tuesday morning with the announcement of a $26 million series B funding round and the rollout of a flagship product, which it’s calling the “elastic data warehouse.”
Budget crises aren’t keeping state governments from moving forward with key IT projects, according to Input, a Chantilly, Va., market research firm focused on government IT spending.
Over the past few years, Microsoft has been pushing its love of Linux and open source, after a long campaign against the popular operating system. On Wednesday, the company made that even more official by joining the Linux Foundation, an organization that shepherds development of the operating system's kernel and provides funding for open source projects.
Over the past few years, Microsoft has been pushing its love of Linux and open source, after a long campaign against the popular operating system. On Wednesday, the company made that even more official by joining the Linux Foundation, an organization that shepherds development of the operating system's kernel and provides funding for open source projects.
Investors in Illumio are tripling down, with existing and new investors tossing another $100 million at the data-center/cloud security company that will be used to extend research and development, open new offices and broaden its customer base.