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In Brief

A security startup called Elastica came out of stealth mode on Tuesday, and brought with it $6.3 million in venture capital from the Mayfield Fund. Elastica tries to protect corporate data scattered across the dozens of cloud services companies might be using and, like so many other security startups, is touting its use of data science techniques to accomplish its goal. Elastica does have an impressive pedigree, though, both with the Ph.Ds. on its founding team and with advisers including Rayid Ghani (Obama for America, Edgeflip), Tom Reilly (ArcSight, Cloudera), M.C. Srivas (MapR) and Ion Stoica (UC Berkeley, Conviva, Databricks).

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Intel has launched its latest top-of-the-line chips for servers. These are the bruisers that make up the silicon in high performance computing and super fast financial transactions. The Xeon E7v2 class of chips features up to 15 cores, a massive amount of in-memory data capacity to make processing large amounts of data on chip possible, and performance that’s twice the average of the previous generation of chips. These processors hold a few surprises, as the Register details in its in-depth exploration of the silicon and the business case.

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In Brief

Cisco reported financial results Wednesday and while the company saw a drop in both revenue and profits, the company is investing in the internet of things. Cisco said it has allocated $100 million to invest in early stage companies to help it move the connected world forward. The company has already said it expects the internet of everything to drive growth in its services revenue from 20 percent of total sales to 30 percent, and has announced, but not delivered an entirely new architecture for a world of connected devices speaking to the cloud.

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According to venture legend John Doerr, Google is designing its own silicon for its data centers. But he stopped short of confirming rumors that the search giant was designing ARM-based chips as was reported in December. Doerr, speaking at a chip conference, also said that Facebook would be next. He’s right. Computing is the primary cost for Google, Amazon Web Services and Facebook and designing their own silicon could lower that cost. And thanks to more modular designs and advances in the ARM architecture, the cost of designing custom chips has fallen into a range where the benefits outweigh design costs.

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Rackspace shares took a beating in Monday after-hours trading on the news that Lanham Napier is retiring as CEO, but the company isn’t rushing to name a replacement. Read more »

In Brief

Splice Machine, a startup promising a SQL-on-Hadoop database that can handle both transactional and analytic workloads, has closed a $15 million series B round of venture capital from InterWest Partners, along with Mohr Davidow Ventures. Supporting transactional workloads would put Splice Machine in a good position among the glut of companies and projects letting users perform SQL operations on Hadoop, because most are strictly for analytics. The big question for Splice Machine, though, might be whether companies actually want to run transactions on that data or whether they’re willing to stick to a tried-and-true database for that.

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