Nine enterprise-focused companies — including two focusing on cloud infrastructure — pitched investors at Alchemist Accelerator’s demo day. Alchemist Accelerator is a new incubator created by Stanford’s Ravi Belani and focused on enterprise technology. Read more »
Log management startup Sumo Logic has secured a $30 million Series C funding round from Accel Partners along with existing investors Greylock Partners and Sutter Hill Ventures. The company, which competes primarily with Wall Street darling Splunk, has now raised $50.5 million since its creation. Read more »
Mobile-application development specialist Appcelerator bought big data startup Nodeable on Wednesday, although the deal wasn’t exactly what Nodeable was planning for when it launched in 2011. Founder and CEO Dave Rosenberg shares some of the lessons he learned trying to break into the big data space. Read more »
Data Collective is a new venture capital firm focusing on seed-round investments in big data startups, from the infraastructure level up to analytics and applications. Among its collection of portfolio companies are Kaggle, MemSQL, Continuuity, Parse, Keen.io, Meteor, MongoHQ, Citus Data and Piston Cloud. Read more »
A startup called Bluebox has raised $9.5 million from Andreessen Horowitz and Andy Bechtolsheim, among others, although the world will have to wait a little longer to hear about the technology justifying all that money. What we do know if that Bluebox targets mobile security. Read more »
10gen, the creator and commercial entity behind the popular MongoDB database has raised another $42 million and wants to take the technology to an application near you. The money will help 10gen double down on research and development to make MongoDB live up to its hype. Read more »
According to some doomsayers, innovation is dead and Silicon Valley is just a muck pond where social media companies breed and reproduce like mosquitoes. That’s not entirely true, but the face of innovation has changed. Cloud computing has made innovation something anyone can do. Read more »
If you don’t think venture capitalists and other investors love all things big data, think again. In the past three days alone, companies claiming some connection to big data — either analyzing and/or storing large volumes of data — have announced at least $56 million in new funding. 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 »
Mu Sigma has closed a $108 million investment round to expand its analytics-outsourcing business. Mu Sigma takes customers’ data and it turns it into business insights, meaning customers don’t have to built their own in-house big data expertise. It’s an already-profitable business that’s only getting bigger. Read more »
It’s not 1982 anymore. Twenty-nine years after co-founding Sun Microsystems — a company that once boasted a $200 billion market cap — McNealy is a known commodity in the Valley, and that makes life a lot easier when it’s time to launch a new venture. Read more »
Cloudability, a startup that bills itself as “Mint.com for the cloud,” has raised $1.1 million in seed funding for its service that helps companies keep an eye on their cloud-computing spending. It recently let one user spot an exploit that could have cost the company dearly. Read more »
New Relic, the cloud-based startup that has become synonymous with the term “lean startup,” has raised a $15 million expansion round. It actually closed a $10 million round in October 2010 and has now raised $35 million in total, the venture funding belies New Relic’s success. Read more »
Marketo, a SaaS startup focusing on revenue performance management, has raised a $50 million round with Battery Ventures leading the way. Marketo has been on a roll, totaling $107 million in VC investment, and now earning upward of $40 million a year in revenue. Read more »
According to a Harvard Business School professor, cloud startups can thank a copyright law decision for increased funding in the past few years. The case’s timing certainly aligns with an uptick in cloud funding, but it’s tough to see how the two are related. Read more »
Livefyre, the software platform that embeds live commenting on websites, has secured $4.5 million in a new round of funding. The startup says it plans to use the money on hiring and new products — which will come in handy since it has some stiff competition: Facebook. Read more »
Karmasphere, a Cupertino, Calif.-based startup focusing on helping analysts write better big data applications, has raised $6 million in a Series B round. That brings the announced VC investment in Hadoop to more than $30 million in the last 30 days. Read more »
For years, Europe’s startup community has been painted as the undernourished younger cousin of Silicon Valley. In reality, 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. Read more »
GigaOM readers agree that encouraging European entrepreneurs is vitally important to the long-term health of local startups. But they have differing opinions about the sharp growth of accelerator programs and bootcamps across the continent: will startups end up being fed to the sharks? Read more »
UPDATED. Spotify, the European on-demand music service, has closed on about $100 million in a new funding round from DST, Kleiner Perkins and Accel Partners that values the company at $1 billion. The fresh funding will be put toward Spotify’s highly anticipated US launch. Read more »
BigSwitch Networks, a Palo Alto, Calif.-based network virtualization startup founded on the principles of the OpenFlow standard, has raised $13.75 million in a Series A financing, led by Index Ventures and Khosla Ventures. The company’s goal is to become the VMware of networking. Read more »
Startup video-encoding service Zencoder has raised $2 million for its cloud-based service that lets users get their videos ready for presentation and delivery via web or mobile apps. Investors in this round include firms such as Andreessen-Horowitz and Ignition Partners, and several prominent individuals. Read more »
Flexible PaaS startup DotCloud has raised $800,000 in angel funding, although it should be seeing a lot more if its alignment with the evolution of the platform-as-a-service space is any indication. DotCloud prides itself on simplicity, but it sets itself apart by providing a flexible platform. Read more »
CacheIQ announced earlier this week that it has raised $6 million for its network file system caching product that offloads data to either DRAM or flash memory. Assuming it can gain a toehold against some established competition, CacheIQ chose a wise market to enter. Read more »
Ignition Partners has a reputation for investing in promising cloud computing startups, and that tradition should carry on with the addition of Frank Artale as managing director. Notable recent successes for Ignition include Heroku and Splunk, while Artale has been involved with Cloudera and Membase. Read more »
Flash-memory appliance maker Violin Memory has closed $35 million in new funding, further proof that improving the speed of data access is becoming a driving force in enterprise data centers and that flash will be a foundational piece to solving those performance problems. Read more »
The cloud-storage funding train rolled on this morning with Atlanta-based startup SolidFire raising $11 million. It should be money well spent by the investors, as SolidFire plays at the intersection of two red-hot trends: primary cloud storage and SSDs. Read more »
Silicon Valley startup Law Pivot is introducing a new recommendation feature for its Quora-like Q&A services that aims to democratize access to quality legal advice. Even before today’s news, though, Law Pivot has defied the odds by gaining traction in a notoriously technology-resistant profession. Read more »
PHP Fog has raised $1.8 million for its PaaS cloud targeting PHP developers. Just as Heroku attracted large numbers of Ruby developers, a PHP PaaS offering certainly should attract users, even if PHP Fog isn’t the only one at that dance. Read more »
Nasuni has closed a $15 million Series B round, bringing its total to $23 million over two rounds on the promise of its file system virtual appliance that automatically distributes files between the cloud and a local cache. Read more »
Scalable SQL startup Clustrix has closed a $12 million Series B round of funding, bringing its total to $30 million. The new money came from existing investors U.S. Venture Partners, Sequoia Capital and ATA Ventures. Considering Clustrix’s steady momentum, this funding shouldn’t take anybody by surprise. Read more »
Cloud startup Abiquo has closed a $10 million Series B funding round. Abiquo sells internal-cloud management software, making it one of many vendors fighting to establish a foothold in what many experts think will be a very lucrative market over the next few years. Read more »
Fresh off a $9 million Series B Round in March, clustered file system startup Scale Computing has closed a $17 million Series C round. It’s yet more proof that spending on scale-out storage software is nowhere near its end. Read more »
AWS’s GPU Instances aside, today is all about money. On top of the $2.25 billion EMC is paying for Isilon, scale-out SAN vendor Coraid closed a $25 million Series B round, and one research firm predicts NoSQL to be a $1.8 billion market by 2015. Read more »
In the past two days, Gluster, Zetta and Nirvanix have combined to raise $30 million. It’s further proof that organizations are looking for scalable (and, ideally, inexpensive) methods for storing their growing data stores, and that cloud computing is becoming an ideal model to do that. Read more »
