6 Cloud Computing Funding Stories You Might Have Missed, Aug. 7
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 Splice Machine, Maestrano, Druva, InVision, Bitglass and Burstorm.
These stories are 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 6 Cloud Computing Funding Stories You May Have Missed, August 7.
Splice Machine Adds $3 Million to Series B Funding. The San Francisco-based Hadoop RDBMS provider on Wednesday said it has added another $3 million to its Series B financing round, bringing the total round to $18 million.
Cloud-based Service Maestrano Secures Funding for Global Expansion. Maestrano has secured more funding this month for global expansion. The cloud business app startup said it will focus on expanding its brand in the United States.The total funds for the company now exceed $2.5 million.
Druva Lands $25M In Series D Funding To Expand Mobile Data Protection Strategy. Cloud-based backup solutions provider Druva this week announced $25 million in Series D funding. This round brings the company’s total financing to date to $95 million.
Cloud-based Design Startup Raises $21M. InVision this week said it has closed a $21 million Series B funding round. The round was led by Tiger Global Management, which also participated in InVision’s $11.6 million Series A round. InVision CEO Clark Valberg said the company will use the funding to expand its enterprise offering.
Bitglass Adds $25M, Eyes Data Security Market Growth. Campbell, California-based enterprise data security provider Bitglass said it has raised $25 million in Series B funds. New Enterprise Associates, Norwest Venture Partners and SingTel Innov8 led the financing round. The company said the funds will be used to bolster its marketing, sales and technology development.
Burstorm Raises $1.2M to Accelerate CAD Application for Cloud Architects. Burstorm this week announced that it has secured $1.2 million in funding from a group of investors. The San Carlos, California-based tech company said it will use the funds to accelerate its CAD application for cloud architects.