5 Cloud Computing Funding Stories You Might Have Missed, Jan. 23
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 Pluribus Networks, Ravello Systems, Vaultive, CloudHealth Technologies and VMTurbo.
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 23.
SDN Startup Pluribus Networks Raises $50M for Open Application Platform. Software-defined networking (SDN) startup Pluribus Networks on Wednesday announced it has raised $50 million in funding for its open application platform. Temasek Holdings led the Series D funding round, with participation from New Enterprise Associates (NEA), Menlo Ventures, Mohr Davidow and AME Cloud Ventures. This financing round brings the Palo Alto, California-based company’s total financing to date to $95 million.
Ravello Systems raises $28M for cloud virtualization. Ravello Systems has raised $28 million in financing for cloud virtualization, bringing its total capital raised to $54 million. With the new funding, the Palo Alto, California-based company will expand its marketing and sales operations in the U.S. and internationally.
Vaultive Raises $8M In New Funds. Vaultive has raised $8 million in recent financing to accelerate its growth and advance its cloud data encryption platform. New Science Ventures, .406 Ventures and Harmony Partners led the funding round. Vaultive was founded in 2009 by Maayan Tal and Ben Matzkel and is headquartered in Boston.
CloudHealth Technologies raises $12 million to support the growth of cloud computing. Boston-based developer of cloud management software CloudHealth Technologies has raised $12 million in new Series B financing. Scale Venture Partners led the funding round, with participation from existing investors .406 Ventures and Sigma Prime Ventures.
VMTurbo Is Valued at $500M after $50M Round Led by Zuckerberg-Affiliated Fund. VMTurbo has raised $50 million, bringing its total financing to date to $75 million. The Boston-based company’s software aims to bring automated control to virtualized data centers. Its platform attempts to alleviate headaches resulting from adopting the cloud and virtualization.