MongoDB, the next gen database company whose popularity is surging, has raised an impressive $150 million, the largest round ever for a database company, according to the company’s own claims. The round…
Numerify makes cloud analytics easy, picks up $8 million in Series A
Cloud analytical solutions company Numerify has raised more than $8 million in an oversubscribed Series A led by Lightspeed Venture Partners. A long list of angels with impressive résumés contributed to the…
Pure Storage Raises $150M in Largest Private Round in Storage’s History
Pure Storage, the enterprise solid state storage entrepreneur, has raised an impressive $150 million. The company claims it’s the largest single private round in the history of storage. It is also the…
Alert Logic Announces Deal with Welsh, Carson, Anderson & Stowe
Cloud data security company Alert Logic announced today that its executive management, together with private equity firm Welsh, Carson, Anderson & Stowe, now owns a majority interest in Alert Logic. With the…
Scality Raises $22M to Globalize Scale-Out Data System
Big data is the next revolution in business, and Scality strives to turn the industry on its head through a low pricing model that uses multiple distribution points for an easily scalable…
NTP Offers Universal Access to Business File Data Management
By MATT GALLAGHER, Red Herring journalist As NTP Software’s CEO Bruce Backa is fond of saying: “The business of file data management may not be as sexy as Google or Facebook, but…
Oracle Acquires Nimbula to Brighten Its Cloud
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…
TransLattice Becomes First Database System to Mix/Match Multiple Clouds
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…
Infusionsoft Raises $54M to Better Empower Small Businesses
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…
The CIA’s Venture Firm Invests in Mobile Cloud Security
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…