Leonovus Closes $1.5 Million Financing

LeoNovus Inc. closed a $1,500,000 financing by way of a non-brokered private placement for 30,000,000 units of the company at a price of CDN$0.05 per unit. Each unit is one common share in the capital of the company and one common share purchase warrant. Each warrant is exercisable into one common share at a price of CDN$0.075 per common share for 18 months from the closing date of the offering. The TSXV granted conditional approval for this financing on September 19, 2017.
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Cray on HPC Storage Market With Completion of Acquisition of Seagate’s ClusterStor Storage Business

Cray Inc. completed the previously announced transaction and strategic partnership with Seagate Technology plc centered around the addition of the ClusterStor performance storage business.
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DevOps Nirvana Is Moving Closer to Reality

So far the DevOps revolution has bypassed the networking world but that is finally starting to change as developers and IT operations teams are starting to work more closely together. In the past, the networking community has been focused on employing software-defined networking (SDN) tools to automate various functions. Much of that effort has occurred beyond the reach of an integrated DevOps environment.
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Minio Attracts $20M as it Targets Amazon S3 Dominance of Storage Market

Minio attracted $20 million in Series A funding in a move to accelerate development around its open source object storage product. That acceleration is almost immediate as the company also unveiled a multicloud object storage platform to take on Amazon S3. Dell Technologies Capital, General Catalyst Partners, and Nexus Venture Partners led the funding. Intel Capital, AME Cloud, and Docker CEO Steve Singh also participated. Minio started in 2015 with $3....
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Aqua Closes $25M Funding Round for Container Security

Container security startup Aqua raised $25 million in Series B funding. Aqua CEO Dror Davidoff called it the “largest funding round to date” in the container security space, and it brings total investments in Aqua to $38.5 million. Lightspeed Venture Partners led the latest round, with existing investors Microsoft Ventures, TLV Ventures, and Shlomo Kramer also participating. Microsoft led the Series A round in September 2016, which secured $9 millio...
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Atavium, New Player In Data Management at Age of Cloud

Atavium Inc. was founded in 2016 and is operating from Minneapolis, MN. The firm was launched by a group of storage veterans from famous stories with exits such NuSpeed, Isilon and Compellent respectively acquired by Cisco, EMC and Dell: Ed Fiore, CEO, was VP of storage at Dell and spent time at Compellent, Isilon and NuSpeed.
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Oosha and Databarracks in Partnership in UK

Databarracks Ltd, a UK a BC and IT DR provider, and Oosha Ltd, a provider of cloud desktop and managed IT services to the UK legal sector, have partnered to launch vendor independent cloud services in order to mitigate risk and allay the fears of organisations in the UK professional services market. When an organisation chooses to outsource the provision and management of their IT infrastructure, broadly it will choose either a single or multi-vendor st...
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Iron Mountain Enters Largest, Fastest Growing Data Center Market in USA

Iron Mountain Incorporated announced the opening of the first of four planned data centers in Northern Virginia, the nation's largest and fastest growing data center market. Built to serve the security and compliance requirements of enterprises, cloud service providers and government agencies, Iron Mountain's data center is a 165,000 square-foot, 10.5-megawatt multi-tenant and cloud facility located in Prince William County. Northern Virginia marks ...
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Nakivo Announced Q4 Promotion at VMworld Europe

Nakivo, Inc. had introduced the 4Q17 promotion: Nakivo Backup & Replication Basic edition. The new edition is aimed at helping SMBs protect their virtualized environments and is a cost-effective Hyper-V and VMware VM backup and recovery solutions. Priced at $99 per socket, the Basic edition includes the core set of data protection features, such as VMware and Hyper-V VM backup, flexible job scheduling and recovery point retention policies, global dat...
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Comcast Business Rolls Out an SDN Platform Named ActiveCore

Comcast Business today announced a software-defined networking (SDN) platform named ActiveCore. In addition, the company announced that its software-defined wide area networking (SD-WAN) business product will be the first product powered by the ActiveCore platform. In May Comcast Business announced it was deploying Versa Networks’ SD-WAN technology and was beginning a beta trial of it. The cable company today said it has already signed several SD-WAN ...
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