Tag: Investment

Citrix Fosters Innovation with Investment in Cloud Startup CumuLogic

Citrix Startup Accelerator, a corporate initiative investing in early stage startups, today announced an investment in CumuLogic, an innovative new Cloud Application Platform software provider that enables enterprises, cloud providers and ISVs to develop and deploy Java applications in public, private and hybrid cloud environments. Focused on entrepreneur-led innovation, the Citrix Startup Accelerator program provides… Continue reading Citrix Fosters Innovation with Investment in Cloud Startup CumuLogic

Zscaler Secures $38 Million Investment Round, Accelerates Cloud Security Expansion

Zscaler, the Cloud Security Company, today announced that it has secured $38 million in funding from strategic investors, including Lightspeed Ventures. The company, which has until now been exclusively funded by internal investment, is planning to use the new funding to further accelerate its go-to-market strategy with expanded sales and marketing, and further develop its… Continue reading Zscaler Secures $38 Million Investment Round, Accelerates Cloud Security Expansion

Talari Networks Secures $4.5 Million in Financing

WAN Virtualization leader Talari Networks, Inc. today announced it has secured $4.5 million in financing from current backers including Menlo Ventures, Silver Creek Ventures and private investors. Mr. H. Dubose Montgomery, founder and managing director of Menlo Ventures, will join Talari Networks’ board of directors. “With the accelerated pace of server centralization and the focus… Continue reading Talari Networks Secures $4.5 Million in Financing

France’s Cloud computing market set to exceed EUR 2 billion in 2011

The recent boom in data transmission and storage capacity has given rise to an increase in cloud computing in France — a sector that has been given the backing of the government’s National Investment Program. This market is set to surpass the €2 billion mark for France in 2011, and may make up more than… Continue reading France’s Cloud computing market set to exceed EUR 2 billion in 2011

Cloud Computing, SaaS Among Investment Themes Likely to Influence Performance in 2012 and Beyond

Fidelity Investments, a leading global asset management firm and provider of the largest lineup of actively managed sector funds2, today published a new report that articulates the top 30 investment themes the firm’s equity sector specialists believe are likely to have the greatest influence on the performance of each sector in 2012 and beyond. Available… Continue reading Cloud Computing, SaaS Among Investment Themes Likely to Influence Performance in 2012 and Beyond

L.A. Hearing Justifies CAGW’s Caution on the Cloud

Today, the Los Angeles City Council unanimously approved the second amendment to the Computer Sciences Corporation’s (CSC) contract with the city of Los Angeles. As part of the contract amendment, CSC will not seek reimbursement of the $250,000 advance intended as an incentive for the city to encourage other government users to adopt Google, and… Continue reading L.A. Hearing Justifies CAGW’s Caution on the Cloud

CloudSigma Propels U.S. Development with Angel Investment

CloudSigma, the only international, pure-cloud Infrastructure as a Service (IaaS) provider that gives customers complete flexibility and control over their cloud, today announced it has secured a significant round of funding from angel investors, Anthony Foy, CloudSigma chairman and former group managing director at Interxion, the leading European data center colocation provider, and Phil Collerton,… Continue reading CloudSigma Propels U.S. Development with Angel Investment