Atlanta-based DC Blox scored $37 million in Series B funding that it will use to build three new data centers across the Southeast in support of multi-access edge computing (MEC) and cloud services. The firm has raised more than $53 million in total funding since its launch in mid-2016.
New research from Gartner highlights five private storage vendors that demonstrate innovative ways to address issues in storage technology. Gartner’s Cool Vendors in Storage Technologies, 2018 focuses on providers that assist businesses with data center modernization, cost containment initiatives, and meeting their infrastructure agility.
The Internet of Things (IoT) promises to make machines smarter, industrial processes more efficient and consumer devices more responsive to our needs. According to research firm Gartner, there will be more than 20 billion connected things in use worldwide by 2020.
Google announced today it was going to acquire Israeli cloud migration startup, Velostrata. The companies did not share the purchase price. Velostrata helps companies migrate from on-premises datacenters to the cloud, a common requirement today as companies try to shift more workloads to the cloud. It’s not always a simple matter though to transfer those legacy applications, and that’s where Velostrata could help Google Cloud customers.
BETSOL is pleased to announce the completion of its acquisition of Zmanda from Carbonite, Inc. for an undisclosed amount in an all-cash deal. Zmanda is an enterprise backup and disaster recovery solution with hundreds of enterprise customers. It is the leader in cloud and open-source backup software, protecting over 1,000,000 systems worldwide.
Protego emerged from stealth this week, scoring $2 million in seed funding as it targets security efforts in the serverless space. The Baltimore-based firm is focused on serverless, which is drawing increased interest due to how the model aligns with the agility mantra preached by DevOps. Serverless applications don’t rely on a fixed infrastructure; are designed to activate almost instantly; and can be programmed with a finite lifespan that cuts off all ...
SafeBreach announced on May 8 that it raised $15 million in a Series B round of funding to help advance the company's breach and attack simulation platform technologies.
Mesosphere closed on a whopping $125 million Series D funding round that more than doubled what it raised in its four previous rounds combined. The new funds pushed the company’s total funding to nearly a quarter-billion dollars since it was founded in 2013.
Nokia is expanding its Internet of Things (IoT) portfolio with the acquisition of SpaceTime, a smart energy IoT startup that provides analytics and IoT applications to transportation, energy and utility companies. Some of SpaceTime’s customers include FedEx, Singapore Power, and Union Pacific Railroad.
Upbound, the primary sponsor of the open-source Rook cloud storage orchestration project, announced that it raised $9 million in a Series A round of funding led by GV (formerly Google Ventures) on May 2.