4 Cloud Computing Funding Stories You Might Have Missed, Dec. 18
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 Digital Guardian, Vidyo, Cloudyn and Faction.
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, Dec. 18.
Digital Guardian Raises $66 Million in Funding for Data Protection Solutions. Digital Guardian has secured $66 million in additional financing from GE Pension Trust (advised by GE Asset Management), Fairhaven Capital Partners, Loring Wolcott & Coolidge and other investors. The data protection platform provider pointed out the funding will help it speed up revenue growth, continue product innovation and integration and expand globally.
Vidyo Raises $15 Million to Accelerate Growth in Vertical Markets. HD video conferencing platform provider Vidyo has secured $15 million in a follow-up round of funding. Kaiser Permanente Ventures provided $10 million during the funding round, and other investors contributed $5 million. Vidyo noted it will use the funding to accelerate its growth in vertical markets.
Cloudyn Rakes in $11 Million in Series B Funding. Multi-cloud monitoring solutions provider Cloudyn has added $11 million in a Series B funding round led by Carmel Ventures, with participation from Titanium Investments and RDSeed. Cloudyn said the funding will “fuel global expansion, accelerate market penetration and deepen integration with go-to-market partners.”
Faction Closes the Year With $6M in Funding for Cloud Innovation and Continued Company Growth. Infrastructure-as-a-service (IaaS) cloud provider Faction has raised $6 million in debt and equity capital from Meritage Funds and Sweetwater Capital Group, as well as debt financing from Ares Capital Corporation. Faction said it will use the funding to explore new ways to support its customers.
What are your thoughts on this week’s top cloud computing funding news? Share your thoughts about this story in the Comments section below, via Twitter @dkobialka or email me at [email protected].
