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Strategy


Talkin39 Cloud has compiled a list of cloud computing financing and venture capital stories for readers who might have missed the news earlier in the week

5 Cloud Computing Funding Stories You Might Have Missed, April 17

  • Written by Dan Kobialka 1
  • April 17, 2015
Talkin' Cloud has compiled a list of cloud computing financing and venture capital stories for readers who might have missed the news earlier in the week. Here's what we found.

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 Illumio, Docker, Vlocity, Adallom and Bedrock Data.

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, April 17.

Adaptive Cloud Security Platform Provider Raises $100M. Illumio has closed a $100 million Series C funding round, bringing the adaptive cloud security platform provider’s total funding to more than $142 million over the past 27 months. New investors BlackRock Funds and Accel Partners participated in the financing round, along with existing venture investors Formation 8, Andreessen Horowitz and General Catalyst Partners. Microsoft (MSFT) Chairman John W. Thompson, Salesforce.com (CRM) CEO Marc Benioff and Yahoo (YHOO) co-founder Jerry Yang also participated in the round. Illumio said it plans to use the Series C funding to invest in research and development “to drive additional platform expansion, grow its sales and marketing efforts and fuel international expansion.“

Docker Secures $95M in Series D Funding to Meet the Unrivaled Demand for Its Open Source Platform. Docker has raised $95 million in Series D funding that it will use to “enable deeper integration with go-to-market partners.” Insight Venture Partners led the funding round, with new contributions from Coatue, Goldman Sachs and Northern Trust. Existing investors Benchmark, Greylock Partners, Sequoia Capital, Trinity Ventures and AME Cloud Ventures also participated in the round.

Vlocity Raises $42.8 Million in Funding Led by Salesforce Ventures With Participation From Accenture. Vlocity, a cloud company that specializes in vertical applications, has secured $42.8 million in a funding round led by Salesforce Ventures. Accenture (ACN) also participated in the funding round. Vlocity said it intends to use the funding to enhance its delivery of industry-focused cloud and mobile apps.

Click here for Talkin’ Cloud’s Top 100 CSP list

Cloud Security Vendor Adallom Secures $30m From HP, Rembrandt Venture Partners. Cloud security service provider Adallom has raised $30 million in a Series C funding round led by Rembrandt Venture Partners, with participation from Hewlett-Packard (HPQ) investment group HP Ventures. Adallom currently supports over 13,000 cloud apps and said it will use the Series C funding to accelerate its research and development efforts.

Bedrock Data Raises $3 Million in Series A Funding. Boston-based cloud data integration company Bedrock Data has secured $3 million in Series A funding. 406 Ventures led the funding round. In addition, the funding marks Bedrock Data’s official launch after over a year of development, testing and customer on-boarding.

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 dan.kobialka@penton.com.

Tags: Cloud Service Providers Digital Service Providers MSPs VARs/SIs Channel Research Cloud Strategy

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