5 Cloud Computing Funding Stories You Might Have Missed, Nov. 65 Cloud Computing Funding Stories You Might Have Missed, Nov. 6
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 Coveo, ClearSky Data, Innit, Steton Technology Group and Sirqul. Here are the details.
November 6, 2015
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 Coveo, ClearSky Data, Innit, Steton Technology Group and Sirqul.
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 5 Cloud Computing Funding Stories You Might Have Missed, Nov. 6.
Coveo Secures $35 Million in Funding. Coveo has raised $35 million in a Series D funding round led by IQ Venture Capital, with participation from Tandem Expansion Fund, BDC Capital, Propulsion Ventures SEC, Fonds de solidarité FTQ and Coveo CEO Louis Tetu. The enterprise search platform provider said it will use the funding to expand its operations.
ClearSky Data Raises $27 Million Series B Funding Led by Polaris Partners, Strategic Investment by Akamai Technologies. Global storage network company ClearSky Data has added $27 million in a Series B funding round led by Polaris Partners. The funding round also included participation from Akamai Technologies, General Catalyst and Highland Capital Partners. ClearSky Data noted that the funding will enable it to “grow its sales, marketing and operations organizations and add new points of presence (PoPs) in major metro areas.”
Innit Raises $25 Million to Unlock Information Within Food. Innit, a company that provides a cloud-based platform that manages and connects food information, has secured $25 million from founders and strategic investors. The company also officially launched its platform at The Smart Kitchen Summit in Seattle.
Steton Technology Raises $7.5 Mln Series B Funding. Cloud-based auditing software provider Steton Technology has added $7.5 million in a Series B funding round led by Access Holdings. Steton Technology CEO Frank Maylett said the funding will allow his company to “accelerate growth, particularly around product development and industry adoption.”
Sirqul Inc. Announces Series A Funding in Conjunction with Version 3.141 of Their Rapid Application & IoT Platform Services. App development startup Sirqul has raised $5 million in Series A funding from angel and institutional investors. “We are proud of the platform and services that we have been able to build, license and make available to startups, enterprises and device manufacturers,” Sirqul CEO Robert Frederick said. “There’s no need to recreate the wheel and all our services work together cohesively to create a solution that enables founders to get up and running within days versus months or years.”
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