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Armed with $100M investment, OpenStack consultant Mirantis eyes an IPO | Network World

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.

White House, NSF, NASA tout ambitious drone application plans | Network World

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.

Cogent spruces up its balance sheet | Network World

Cogent last week announced that it has restructured its debt and raised $41 million in a new round of funding.

IP telephony vendor VocalData snags $12.5 million in funding | Network World

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 launch new storage products | Network World

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.

The 15 biggest enterprise ‘unicorns’ | Network World

These are 15 of the highest valued enterprise software companies that have received venture funding but have not yet been sold or gone public.

Startup Capriza scores $27M to Zapp legacy apps into mobile ones | Network World

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…).

Energy Dept. sets 9 finalists for $2.25M wave energy prize | Network World

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

Cisco forms VC firm looking to weaponize fledgling technology companies | Network World

Decibel, an investment firm focused on early stage funding for enterprise-product startups, will back technologies related to Cisco's core interests.

UCSF’s up-tempo upgrade | Network World

Network director wins funding for major upgrade of San Francisco campus network. Now his team faces tough design issues and tight deadlines.

Network companies grab up venture capital cash | Network World

A handful of network companies land venture capital funding in January.

25 cool cloud, security & mobile startups to watch | Network World

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.

VCs stay stingy toward net start-ups | Network World

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 pulls off coup | Network World

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.

Goodbye QLogic, hello Nirvanix | Network World

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.

Storage acquisitions abound, funding frees up | Network World

Last week Wednesday, EMC acquired Bus-Tech, a vendor whose appliances allow mainframe data to be stored on open systems storage.

Box fuels international expansion with new funding | Network World

Investments from network operators Telstra, TelefA3nica and others will help fuel Box's international expansion.

Box fuels international expansion with new funding | Network World

Investments from network operators Telstra, TelefA3nica and others will help fuel Box's international expansion.

Internet venture funding hits a post-2000 record last year | Network World

Both Internet and software startups logged big gains in money raised

SDN start-up says it is best funded in industry | Network World

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.

Data warehouse-as-a-service startup Snowflake comes out of stealth | Network World

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.”

States keep funding IT projects, despite deficits | Network World

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.

Microsoft doubles down on Linux love, joins foundation | Network World

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.

Microsoft doubles down on Linux love, joins foundation | Network World

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.

Illumio goes to the well for $100 million more in venture funding | Network World

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.

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