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The enterprise IT market is undergoing a radical shift thanks to cloud computing. On-demand computing has added agility but also increased complexity, and Okta, a startup that helps track who can access what corporate assets, has raised $25 million to bring identity management into the future. Read more »

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Expect Labs, the company that is helping usher in the era of anticipatory (or predictive) computing says it has received a big cash infusion from well known investors such as Greylock Partners and Google. The company also expects to launch its MindMeld app sometime this year. Read more »

Dev Ittycheria, Greylock's newest venture partner.

Greylock Partners, seeking more operational experience in the enterprise and cloud computing sector, named Dev Ittyhceria, an operations guy who made his name in enterprise software, as its newest partner. Ittycheria founded Bladelogic and sold it to BMC seven years later for $900 million. Read more »

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Zerto Virtual Replication 2.0 promises to bring enterprise-class business-continuity/disaster recovery to VMware virtualized environments, taking aim at applications that run “in and between private, public and hybrid clouds.” Target customers are large businesses and cloud service providers. Read more »

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Sumo Logic emerged from the shadows on Tuesday with $15 million in Series B funding from Sutter Hill Ventures, Greylock Partners and Shlomo Kramer, bringing its VC take to $20.5 million since April 2010. The company aims to help businesses monitor and protect their cloud infrastructure. Read more »

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AppDynamics netted $20 million in new Series C funding led by Kleiners Perkins Caufield & Byers, a new investor. Existing backers Greylock Partners and Lightspeed Venture Partners also participated in this round which will help fund the company’s application performance management offering. Read more »

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Europe’s web scene is now thriving, and we’ve compiled a list featuring some of the best and brightest European web startups — what we’re dubbing the GigaOM Euro 20. Depending on how closely you watch Europe’s online scene, some of these companies may be familiar to you. Others you may not have heard of. But all of them are worth watching closely. In this report, we profile the 20 startups that we feel best represent Europe’s current tech scene. We have organized our list around perception, and as lists go, it is intended to be a guideline rather than a rule book. It’s not exhaustive, and clearly, with such a diverse and vibrant continent as our playing field, it never could be. Companies mentioned in this report include GetJar, Huddle, Made.com and Songkick. For a full list of companies, and to read the full report, sign up for a free trial. Read more at GigaOM Pro »

A new way of thinking about data and data scientists illustrates the broader shift that is slowly under way in the economy, a shift from simply collecting big data toward gathering and using data in order to make businesses better informed. Read more »

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Josh Silverman, who till recently was the CEO of Skype, is joining venture firm Greylock Partners as an executive-in-residence. Silverman is viewed as someone who brought stability to Skype during a tumultuous time, right after both Skype founders quit the company. Read more »

Apptio, a Bellevue, Wash.-based enterprise software company, today said it’s raised a $16.5 million Series C round of funding led by Shasta Ventures, which includes participation from current investors Andreessen Horowitz, Greylock Partners and Madrona Venture Group just a year after the last round. Read more »

Norwest Venture Partners (NVP), one of the most respected funds in Silicon Valley, says that it’s closed NVP XI, a $1.2 billion fund that will invest in diverse sectors and geographies. NVP, which recently recorded a major hit with the $405 million sale of video conferencing […] Read more »

Cloudera, a Burlingame, Calif.-based startup that is building commercial services around open-source software framework Hadoop, has closed $6 million in Series B funding, bringing the total raised by the company to $11 million. The latest round of funding was led by Greylock Partners. Current investor Accel […] Read more »