THE BUSINESS OF TECHNOLOGY
Oracle, the enterprise software giant, has acquired Nimbula, the cloud management software company built by the original creators of Amazon Web Services, to help brighten its cloud offering with some much needed direction. Nimbula offers a cloud management platform that lets people easily establish on-premise pools of visualized … [Read more...]
By MATT GALLAGHER, Red Herring journalist When Amazon goes down, so does everyone else. Outages last October and June caused the disruption of Flipboard, Foursquare, Netflix, Pinterest, Instagram and others. So why put all your cloud data in one basket? With the release of version 3.0 of the TransLattice Elastic Database (TED), you no … [Read more...]
Infusionsoft, a company that provides small businesses with a complete end to end CRM, social marketing and sales management, has raised $54 million from Goldman Sachs. The company will use the new funding for “fueling our product development, accelerating marketing and sales, and growing our partner and education programs in the U.S. and … [Read more...]
By Anam Alpenia, Red Herring In-Q-Tel, the venture capital firm of the Central Intelligence Agency, made a strategic investment backed by a technology development agreement in cloud mobile security provider Tyfone for its “proven capabilities” in secure ID and NFC. An independent nonprofit, the firm's primary purpose is to identify … [Read more...]
by Anam Alpenia, Red Herring Unveiled last month, cloud storage provider TwinStrata's CloudArray 4.0 takes the world of cloud storage up a notch, enabling both Network Attached Storage (NAS) and Storage Area Network (SAN) protocols so that both data blocks and files can be uploaded for a fully empowered cloud. “Essentially, any application can … [Read more...]
Interested in a good scare this Halloween? Look no further than your own computer, mobile or tablet device! … [Read more...]
It's no longer just Sony, your LinkedIn account, or Yahoo email address that needs to be concerned about cyber crime. After announcing that certain attacks on US banks and Middle Eastern oil companies were perpetuated by a nation state, US Defense Secretary Leon Panetta warned of the possibility of a “cyber-Pearl Harbor that would cause physical … [Read more...]
Salesforce finalized its $689 million acquisition of Buddy Media, paying $475 million in cash and 1.4 million common stock shares, according to an SEC filing. The deal is the largest contract in the history of the mega-cloud software provider's history. Founded in 2007, Buddy Media has been connecting brands to their consumers and fans in a … [Read more...]