5 Cloud Computing Funding Stories You Might Have Missed, Jan. 16
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 Box, Treasure Data, My Digital Shield, Cedexis and Mnectar.
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, January 16.
Box Wants $162.5 Million from Long-delayed IPO, Channel Partners Key to Growth. Box will price its months-delayed initial public offering (IPO) at $11 – $13 a share, offering 12.5 million shares of common stock to raise some $162.5 million and peg its market value at $1.55 billion, according to an updated S1 SEC filing dated January 9, 2015.
Treasure Data Raises $15M in Funding for Pre-built Cloud-based Big Data Service. Treasure Data has raised $15 million in new funding for its pre-built cloud service for collection, storage and analysis of big data sources. The Mountain View, California-based company has raised a total of $23 million in financing to date. The company considers its cloud service to be an alternative to Hadoop platforms or services. Treasure Data’s solution was designed to collect, store and analyze sources of big data, including mobile, Internet of Things (IOT), logs and events.
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My Digital Shield Raises $300K in Second Seed Funding Round. My Digital Shield has added $300,000 in its second seed round of funding, bringing its total financing raised to $800,000. The Wilmington, Delaware-based security-as-a-service (SECaaS) provider said it plans to use its new funding to accelerate its channel partner marketing and support and product development.
Cedexis, Portland cloud-computing startup, raises $3.5 million venture round. The Portland cloud-computing startup has just completed a $3.5 million round of funding, bringing its total financing to date to $13 million. Cedexis assists companies with managing their cloud computing environments by checking for the most efficient places to store and access data.
Mnectar raises $1M and integrates with other marketing platforms to reach more app publishers. The San Francisco-based has raised an additional $1 million in financing to integrate with other marketing platforms, with the hopes of reaching more app publishers. Mnectar has raised $8 million in funding to date.
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