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 features Racemi, Zynstra, Box and more.
These stories are gathered from not only Talkin' Cloud but other sources around the Web.
Here's this week's list of 7 Cloud Computing Funding Stories You Might Have Missed, July 10.
Racemi Raises $10M Series C Funding to Support Software Growth. The Atlanta, Georgia-based server migration company raised $10 million in Series C funding to help support the growing demand for its cloud migration software. Milestone Venture Partners led the financing round, along with existing investors Harbert Venture Partners and Paladin Capital Group.
Zynstra Raises Another $8.4M In Funding To Bring Hybrid Cloud To SMEs. Zynstra has raised an additional $8.4 million of funding in a Series B round, bringing the total amount raised to just over $14.4 million.
Box Adds $150M, Moves Closer to IPO Launch. The cloud-based storage and file sharing services provider Box has received a $150 million investment from TPG Growth and Coatue Management. The investment comes even as the company prepares for an initial public offering (IPO).
NewVoiceMedia Adds $50M in Funding, Eyes Growth Opportunities. NewVoiceMedia has secured $50 million in a Series E funding round led by Technology Crossover Ventures, with participation from Bessemer Venture Partners, Eden Ventures, Highland Capital Partners Europe, Notion Capital and Salesforce.com.
My Digital Shield Raises $500K in Funding for SMB Security Solutions. My Digital Shield has accepted $500,000 in funding to assist channel partners with providing security solutions to customers. A group of private investors that includes Litera Investments led the round of seed financing.
Private Cloud Firm CTERA Closes $25 Million Funding Round. CTERA Networks has closed a $25 million Series C funding round. The financing round was led by Bessemer Venture Partners, who join existing CTERA investors Benchmark Capital, Cisco and Venrock, with participation from CTERA’s existing investors.
Avere Raises $20M To Power Hybrid Cloud Storage. Avere has raised $20 million in venture capital from Lightspeed Venture Partners, Menlo Ventures, Norwest Venture Partners and Tenaya Capital. This Series D brings total funding for Avere to $72 million.