IBM Security today announced plans to acquire Agile 3 Solutions, a developer of software used by the C-Suite and senior executives to better visualize, understand and manage risks associated with the protection of sensitive data. The addition of Agile 3 Solutions’ capabilities to IBM Security’s portfolio adds an intuitive tool to improve C-Suite decision making as businesses prepare to defend themselves against cybercrime.
Software-defined networking (SDN) and network function virtualization (NFV) are hot topics. They are clearly related, but how exactly are they similar? How are they different? How do they complement each other? Are you new to SDN or NFV? Check out SDNCentral’s SDN and NFV Essentials to learn the basics.
OPĀQ Networks, a post-revenue Network Security-as-a-Service (NSaaS) company, today announced it was formed with $21 million in Series A funding. Washington, D.C.-based Columbia Capital, a venture capital franchise focused on high-growth companies, led the round with Harmony Partners and Zero-G Inc. The new funding will accelerate OPĀQ Networks’ research and development, operations, and customer growth in the commercial market.
Aviatrix Systems, a pioneer in hybrid cloud networking, today announced that it has raised $15 million in Series B funding. The oversubscribed round, which brings the company’s total funding to $25 million, was led by new investor CRV and joined by existing investors Formation 8 and Ignition Partners. The funding will enable Aviatrix to expand its operations to support its rapidly growing customer base, help drive new strategic partnerships, and expand t...
Bitglass, Inc., a data protection company, raised $45 million in series C funding. In addition to new investor Future Fund, existing investors New Enterprise Associates (NEA), Norwest Venture Partners, Singtel Innov8 Pte. Ltd. and others participated.
Israeli publication Calcalist reports that Huawei spent $42 million to buy HexaTier, a database security startup. Reuters had previously reported that the deal was in the works.
Cloud storage startup Bitcasa today posted a “goodbye” message on its homepage without saying exactly what’s happening to it. In fact, Bitcasa has been acquired by Intel, VentureBeat has learned.
Toshiba is considering spinning off semiconductor operations and selling a partial stake to Western Digital as it tries to cope with a massive impairment loss in its U.S. nuclear power unit.
StorageCraft Technology Corporation and Exablox Corporation joined forces today to completely focus on helping businesses analyze, protect, and store their data. The new entity is the first company to bring together a new approach that recognizes the disappearing lines between primary and secondary storage as well as between data availability and data protection.
2016 was globally the worst year for start-ups. VCs were much more reluctant to invest in storage. There were only 36 financial rounds during the year, the lowest figure since 2003 (!) for a total amount of only $907 million, the lowest amount since 2011, about twice less than the former year. The highest round was $77 million for Upthere in 2016, $175 million for Simplivity in 2015, and $900 million for Cloudera in 2014.