Tag Archives: funding

Avere Systems Raises $20 Million to Grow Hybrid Cloud Storage Solutions

Avere Systems announced $20 million in Series D venture funding on Thursday. Western Digital Capital leads the funding with other participants including Lightspeed Venture Partners, Menlo Ventures, Norwest Venture Partners and Tenaya Capital. Continue reading

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Denmark’s RushFiles Secures $3.5M in Funding to Compete on International Cloud Storage Stage

Denmark-based RushFiles announced that it has secured $3.5 million (19 million DKK) of funding on Wednesday, with plans to use the capital to help it compete in the international cloud storage market. Participants in the funding round include Insero, the state financing foundation Vækstfonden, and venture capital firm North-East Venture.… Continue reading

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LinkedIn Raising $1 Billion, Will Invest in Infrastructure

September 5, 2013 — The business-focused social network LinkedIn plans to raise an additional $1 billion, and will use some of the funding to expand its infrastructure. That’s bound to be good news for one or more data center providers. Keep on reading: LinkedIn Raising $1 Billion, Will Invest in Infrastructure Continue reading

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DigitalOcean Raises $3.2 Million in Funding to Expand IaaS Solutions

August 7, 2013 — Infrastructure-as-a-service provider DigitalOcean announced on Wednesday it has raised a $3.2 million seed round led by IA Ventures, with participation from CrunchFund and TechStars. Keep on reading: DigitalOcean Raises $3.2 Million in Funding to Expand IaaS Solutions Continue reading

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Congress to Vote on Amendment that Could Kill NSA Broad Surveillance Funding

July 23, 2013 — Congress is expected to vote on an amendment Wednesday that would kill financial support to the National Security Agency’s bulk collection of records. Keep on reading: Congress to Vote on Amendment that Could Kill NSA Broad Surveillance Funding Continue reading

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