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Each week Talkin' Cloud compiles a list of cloud computing financing stories for readers who might have missed the news earlier in the week. Here are the details.
March 4, 2016
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 Qubit, Centage Corporation, Appvance and Wrap Media.
These stories have been 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 4 Cloud Computing Funding Stories You Might Have Missed, March 4.
Qubit Raises $40 Million to Fuel Digital Experience Management Technology. Qubit has announced a $40 million Series C funding round led by Goldman Sachs’ Merchant Banking Division, with participation from Sapphire Ventures, Accel and Salesforce Ventures. The big data e-commerce analytics company pointed out the funding will enable it to double its engineering capacity.
Centage Corporation Completes $13.5 Million Series A Funding Led by TVC Capital. Centage has finished a Series A funding round for $13.5 million led by TVC Capital, with participation from Northgate Capital. The cloud-based budgeting and forecasting software provider said it will use the funding to expand its product portfolio as well as its sales and marketing efforts.
Appvance Raises $5 Million Led by Javelin Venture Partners. Appvance has secured $5 million in a funding round led by Javelin Venture Partners, with participation from H. Barton Investments and Three Bridges Ventures. The development and operations (DevOps) testing platform company said the funding will allow it to expand its customer service, marketing and product development efforts.
Mobile Startup Wrap Raises $4 Million from Dream Incubator. Wrap has added $4 million in funding from Dream Incubator. The cloud-based storytelling app provider noted the funding will be used to support its expansion into Asia.
Contributing writer, Penton Technology
Dan Kobialka is a contributing writer for MSPmentor and Talkin' Cloud. In the past, he has produced content for numerous print and online publications, including the Boston Business Journal, Boston Herald and Patch.com. Dan holds a M.A. in Print and Multimedia Journalism from Emerson College and a B.A. in English from Bridgewater State College (now Bridgewater State University). In his free time, Kobialka enjoys jogging, traveling, playing sports, touring breweries and watching football (Go Patriots!).
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