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 ClipCard, Comprehend Systems, The Resumator, vArmour, Lastline, Transactis and Stitch Labs.
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 7 Cloud Computing Funding Stories You May Have Missed, August 22.
ClipCard Secures $10M Venture Funding for Future Market Expansion. This Seattle, Washington-based tech startup believes its platform can assist IT adminstrators with searching for data across multiple cloud platforms -- and so do investors. ClipCard this week said it has secured $10 million in funding to bring the company to wider markets later this year and scale its channel partnerships.
Comprehend Systems Adds $21M in Series B Funds. Comprehend Systems this week said it has secured $21 million in a Series B funding round led by Lightspeed Venture Partners. The Redwood City, California-based business intelligence (BI) solutions provider's CEO, Rick Morrison, told Talkin' Cloud the funds will be used to double his company's staff and invest in product research and development, marketing, sales and support services.
The Resumator Raises $15M for Deeper Market Penetration, New Products. A new group of private equity firms have invested $15 million in financing into the Web-based recruiting and hiring software company, co-headquartered in Pittsburgh and San Francisco. The Resumator plans to use the new funds to penetrate even deeper into key markets, expand data and engineering teams, and develop new products and partnerships.
Security startup vArmour targets the hybrid cloud with a $21M funding round. The stealth startup security company this week revealed that it secured $21 million in a Series C round of financing. With the new funding rounds, the company now has raised $42 million from investors.
Lastline Secures $10 Million Funding Round. Redwood city, California-based malware defense platform provider Lastline this week said it has raised $10 million from new investors Dell Ventures and Presidio Ventures, as well as existing investors Redpoint Ventures and e.ventures. This brings the total funding raised to nearly $24 million since the company’s founding in 2011.
Transactis Raises $11 Million Series D Financing Led by Safeguard Scientifics. The electronic billing and payment solutions platform provider this week said it has closed an $11 million Series D financing round led by Safeguard Scientifics. The company said it plans to use the funding to expand sales, marketing and client services.
Stitch Lab Secures $3.5M to Accelerate Company Growth. Headquartered in San Francisco, the cloud-based inventory management company this week said it has secured $3.5 million in venture funding from existing investors True Ventures and Costanoa Ventures. Stitch Labs said the funds will be used to fuel growth by scaling its platform and increasing marketing efforts to "tap a rapid market expansion in retail."