All Posts Tagged With: "Funding"

Seanodes Is Doing Ok, Thank You For Asking

Seanodes, the creator and developer of Shared Internal Storage solutions, today announced strong growth and better-than-expected results for the first three quarters of 2008, with major customer wins, securing new funding and multiple industry awards for its Exanodes storage software.

8Oct2008 | Robin Wauters | 1 comment | Continued

3Leaf Systems Scores $35 Million in Series C Funding

3Leaf Systems, a provider of virtualization solutions for enterprise data centers, today announced that it has secured new financing from a suite of blue-chip investors led by LSI Corporation.

22Sep2008 | Robin Wauters | 0 comments | Continued

Stealth “Laptop Virtualization” Company Virtual Computer Readying Launch

Westford-based Old Road Computing plans to publicly launch as Virtual Computer Inc., but isn’t revealing many specifics about its virtualization product, nor when it will be released.

29Aug2008 | Robin Wauters | 0 comments | Continued

PHD Technologies Officially Announces Funding Round, Fails To Share Any Details

PHD Technologies sent out a press release touting their funding from a venture capital firm, sharing absolutely no new information about who and how much.

25Aug2008 | Robin Wauters | 1 comment | Continued

SplashTop Maker DeviceVM Raises $15 Million in Series C Funding Round

DeviceVM, maker of the Splashtop instant-on environment, announced today a $15 million Series C round of funding led by venture capital firm New Enterprise Associates. Existing investors including Storm Ventures, DFJ Dragon, Tim Draper, and Larry Augustin also participated in this Series C investment, demonstrating continued commitment to DeviceVM’s growth.

20Aug2008 | Robin Wauters | 1 comment | Continued

Elastra Raises $12 Million from Amazon for Cloud Management

Elastra, a startup focused on providing solutions for internet cloud configuration and management, secured $12 million in Series B financing in its second venture round, which was was led by Bay Partners, with Amazon.com and existing investor Hummer Winblad also participating. Elastra had previously raised $2.6 million.

5Aug2008 | Robin Wauters | 1 comment | Continued

InstallFree Secures $8.5 Million in VC Funding

InstallFree today announced it has received $8.5 Million in financing to drive the expansion of its product development and go-to-market teams.

5Aug2008 | Robin Wauters | 0 comments | Continued

Seanodes Raises $2.4 Million From OSEO

Seanodes, developer of what they call “Shared Internal Storage solutions”, today announced it has received about $2.4 million in funding from OSEO, France’s national agency for industrial innovation, in the form of a no-interest loan to support ongoing technology development and company growth.

23Jul2008 | Robin Wauters | 1 comment | Continued

Endeavors Unable To Secure Funding, Suspends Shares

These are troubled times for application virtualization and streaming startup Endeavors Technologies, who recently released its Application Jukebox and split the offer into 3 separate editions. Apparently, the company has been unable to secure a large funding round after exploring a number of possible options, resulting in a suspension of ordinary shares which have stopped trading on the London Stock Exchange.

22Jul2008 | Robin Wauters | 0 comments | Continued

Xeround Raises $16 Million In Second Round

Xeround, an Israel-based startup in the database virtualization area, today announced it has closed a $16 million round of Series B funding led by Ignition Partners and Trilogy Partnership. Also participating in the round were existing investors Benchmark Capital and Giza Venture Capital. The newly acquired funds will be used to increase sales and marketing activities as well as to step up research and development to advance the product roadmap.

11Jul2008 | Robin Wauters | 0 comments | Continued

rPath Raises $10 Million More

rPath, which got on our radar thanks to some high-profile customers, today announced that the company has closed a $10M round of venture financing. The Series C round was led by rPath’s existing backers, General Catalyst, North Bridge Venture Partners and Wakefield Group. The company says it plans to use this new capital to increase its leadership in enabling cloud computing.

24Jun2008 | Robin Wauters | 0 comments | Continued

Parascale Raises $11+ Million In Series A Funding For Linux Cloud Storage

Parascale, a provider of cloud storage solutions for rich media content in traffic-intensive applications, today announced that it has closed an $11.37 million Series A financing round led by venture capital firms Charles River Ventures and Menlo Ventures.

23Jun2008 | Robin Wauters | 0 comments | Continued
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