Each week Talkin' Cloud compiles a list of cloud computing financing stories for readers who might have missed the news earlier in the week. This week's column features funding news from IBM, Nasuni, Platform9, Luminal and StrataCloud.
These stories are gathered from Talkin' Cloud's article database and other media sources. If we missed something, feel free to leave a comment below. We might just add it into the mix.
Here's this week's list of 5 Cloud Computing Funding Stories You May Have Missed, August 15.
IBM Acquires Identity and Access Management Platform. Yes, this isn't cloud funding, but it's worth a quick mention. IBM has acquired Lincoln, Rhode Island-based IAM platform provider Lighthouse Security Group. Its Gateway platform "protects identity and data in an increasingly complex IT environment where more company information is being stored in the cloud and accessed from mobile devices."
Nasuni Secures $10M Additional Series C Funding. Nasuni's vision of pairing on-premise hardware with cloud storage has gained more support from investors -- at least that's what an additional round of funding says. The Natick, Massachusetts-based storage services provider said it has raised an additional $10 million in Series C financing, bringing the round's total to $30 million.
Platform9 Secures $4.5M Series A Funding for Cloud Managed Platform. Platform9 asks one simple question: Why can't SaaS revolutionize datacenters? And investors are buying into the idea. The Sunnyvale, California-based private cloud services provider this week said it has raised $4.5 million in Series A funding from Redpoint Ventures, a Menlo Park, California-based venture capital firm focused on investments in early stage technology companies.
Cloud Management Startup Luminal Secures $10M in Series B Funds. Luminal, a Maryland-based startup that specializes in cloud operations and management solutions, has secured $10 million in a Series B funding round led by New Enterprise Associates (NEA). Luminal has raised $13.8 million in financing to date, and the company is prepared to expand its team.
StrataCloud raises $2M to keep on rocking with its data center management software. Cloud startup StrataCloud has just picked up $2 million in seed money to market its software to enterprises. The company plans to use the new funding to make initial investment in sales and marketing. It also expects to make key hires for the engineering team.