5 Cloud Computing Funding Stories You Might Have Missed, Feb. 19
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 Aria Systems, Seven Bridges, PayActiv, Qualia Media and Wavecell.
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, Feb. 19.
Aria Systems Raises $50 Million Investment to Meet Growing Global Demand for Enterprise Monetization Solutions. Aria Systems has secured $50 million in new capital from Bain Capital Ventures, Hummer Winblad Venture Partners, InterWest Partners, Venrock and other investors. The cloud-based recurring revenue platform provider said it will use the funding to support the growing demand for enterprise monetization solutions.
Seven Bridges Announces $45 Million in Series A Funding. Seven Bridges, which offers a cloud-based suite of tools for biomedical data analysis, has added $45 million in Series A funding. Kryssen Capital led the funding round. Seven Bridges noted it will use the funding “accelerate genomics research for cancer treatments and precision medicine.”
PayActiv Secures $9.2 Million in Financing to Innovate Financial Wellness Efforts That Reduce Financial Stress and Increase Productivity in the Workplace. PayActiv has secured $9.2 million in funding. The cloud-based financial technology provider said it will use the funding to expand its financial wellness offerings.
Newly Merged Qualia Secures Additional $5.5 Million to Accelerate Growth of Market’s First Fully Integrated Cross-Channel Marketing Solution. Qualia Media has raised $5.5 million in a Series B financing round co-led by Verizon Ventures and S3 Ventures. The software-as-a-service (SaaS) marketing technology platform provider said the funding will enable it to bolster its marketing solution.
Cloud Communication Provider Wavecell Raises S$2.3 Million in Series A Funding Led by Qualgro Asean Fund. Wavecell has added S$2.3 million (approximately $1.6 million) in Series A funding led by Qualgro Asean Fund, with participation from Wavemaker Partners. The cloud communication provider said the funding will allow it strengthen its platform and broaden its product portfolio.
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 firstname.lastname@example.org.