Diablo Technologies is an Ottawa-based startup that has brought flash memory even closer to the processor — making applications run even faster. It has built chip technology as well as software and has raised $28 million to bring the technology to market. Read more »
The changes in enterprise IT and infrastructure has been very good for VC firms which have put billions in startups and seen lucrative exits. Now, as IT continues its shift Battery Ventures is promoting Itzik Parnafes to general partner for the next stage of enterprise IT. Read more »
Investors continue throwing money at infrastructure companies, especially if they have a product that helps accomodate and mitigate the complexities of virtualization and scaled out computing infrastructures. Nutanix aims to solve problems in both areas, and investors are rewarding it with $33 million. Read more »
In cloud and big data, the second quarter of 2012 featured several high-profile deals and product launches that could reshape the marketplace for everyone. Google and Microsoft launched Infrastructure-as-a-Service offerings, software-defined networking took off, and all eyes stayed fixed on the continuing promise of data analytics. Read more at GigaOM Pro »
Quite a few greentech companies closed sizable funding rounds this week, and Battery Ventures is involved in three of them. Is cleantech support holding on in the venture world? Read more »
E-procurement player Coupa Software netted $22 million in a Series E funding round led by new investor Crosslink Capital. Companies use Coupa’s cloud-based services to track supplier contracts and requisitions. Read more »
In a cloud computing market dominated by large, well-known companies such as Amazon Web Services and Rackspace, it’s difficult to find much upside investing in the competition. However, Battery Ventures has done just that, leading a $27.5 million round in SingleHop, a Chicago-based infrastructure-as-a-service provider. Read more »
Fastly, a startup created this year, is turning the economics of delivering content on it’s head with a content delivery network comprised of solid state drives. By placing two servers packed with SSDs in customers’ data centers, Fastly can speed up the load times. Read more »
The current mantra in Web operations is to track, record and monitor everything. Data is valuable and storage is cheap, so this makes sense. Metrics that measure the right thing are incredibly important in the context of getting the best performance from your application. Read more »
Ditch the hardware and embrace big data and analytics — that could be the key to monitoring and managing energy consumption of commercial buildings. On Thursday startup FirstFuel Software announced that it’s raised $2.4 million from Battery Ventures and Nth Power, to scale up. Read more »
Todd Papaioannou, VP and chief cloud architect at Yahoo, has left the company for a role as entrepreneur in residence at Battery Ventures. At Yahoo, he drove the strategic directions for both the cloud computing and Hadoop teams and helped define the company’s overall IT strategy. Read more »
One of the reasons energy storage for the grid isn’t widely used is that many of the technologies, like batteries, are still too expensive. But what if you could use something that costs a fraction of a battery to deploy for grid storage, like Software-as-a-Service? Read more »
Facebook’s new data center in Oregon has gotten its fair share of attention for Facebook’s decision to open up the energy efficient design. But here’s another reason to recognize the data center: Facebook has installed a smart lighting system courtesy of startup Redwood Systems. Read more »
