Altaro Announces 40% Year-over-Year Revenue Growth as User Base Surpasses 40,000 Customers
Altaro, a leader in virtual machine data protection, today announced major growth milestones over the past 12 months as the company’s customer base exceeded 40,000 customers globally. The technology driver behind Altaro’s success is VM Backup software, designed specifically to meet the needs of small and midsize enterprises (SMEs) and Managed Service Providers. Since the product’s introduction in 2009 by Altaro, the software has gained widespread adoption and is now a premier choice for Small and Mid-Market organizations.
Infinidat Reporting 250% GAAP Revenue Growth From 2Q16 to 2Q17
INFINIDAT Ltd announced its 2Q17 results, reporting 250% GAAP revenue growth in 2Q17 compared to 2Q16.
2Q17 was also the most profitable and second highest revenue quarter in the company’s history.
“INFINIDAT customers added 156PB of capacity in the second quarter alone, which was also our most profitable quarter on record,” said Moshe Yanai, chairman and CEO. “I’m very proud to say that the relentless innovation, hard work, and financial discipline of our 500 employees have enabled us to build the highest capacity, most profitable independent enterprise storage company in the world.”
Docker Reportedly Set to Snare $75 Million in New Funding
Press release published by: https://www.sdxcentral.com/ Written by: Dan Meyer Source URL: https://www.sdxcentral.com/articles/news/docker-reportedly-set-to-snare-75-million-in-new-funding/2017/08/ Docker Inc. is reportedly set to bolster its finances to the tune of $75 million. Bloomberg…
OwnBackup Secures $7.5 Million Series B Investment
OwnBackup, a leading Software-as-a-Service (SaaS) application backup and restore vendor, today announced the close of a $7.5 million Series B round led by Insight Venture Partners, a New York-based private equity and venture capital firm and one of the world’s largest investors in high-growth software companies. Existing investors Innovation Endeavors, Oryzn Capital, and Salesforce Ventures also participated in the round, which constitutes a minority equity stake.
HyTrust Raises $36 Million In Series E Funding Led by Advance Venture Partners
HyTrust, Inc., a leading workload security provider, today announced that it has closed $36 million in new funding led by Advance Venture Partners (AVP) with participation from existing venture capital firms and strategic investors. The company will use this latest round of investment to expand its sales and marketing efforts, and to fund new product development. The company will also utilize a portion of the proceeds to fund the acquisition of DataGravity (http://bit.ly/2v68Y2y), which was also announced today.
Platform9 Raises $22 Million Series C Funding to Reimagine Hybrid Clouds
Platform9, the open-source-as-a-service company making hybrid clouds easy, today announced it has raised $22 million in Series C funding led by Canvas Ventures. Hewlett Packard Enterprise (HPE) also participated in the round, as did existing investors Redpoint Ventures and Menlo Ventures. The funding round, which brings Platform9’s total capital raised to date to $36.5 million, allows the company to scale its pioneering cloud delivery model, which makes it easy to deploy, manage and maintain hybrid clouds with popular cloud frameworks, such as Kubernetes, OpenStack and Fission. The new capital enables Platform9 to scale its global salesforce, product and marketing teams, as well as boost engineering investments as it expands its innovation agenda to deliver new capabilities for hybrid clouds.
JASK Launches From Stealth With $12M Series A Financing
JASK, the company empowering security analysts with artificial intelligence, emerges from stealth today announcing $12 million in Series A funding. The round was led by Dell Technologies Capital along with TenEleven Ventures. Existing investors Battery Ventures and Vertical Venture Partners also contributed. Deepak JeevanKumar, managing director at Dell Technologies Capital; and, Mark Hatfield, managing partner at TenEleven Ventures, will join JASK’s board. The funding allows JASK to expand its data science teams, accelerate product development, and focus on machine learning (ML) and artificial intelligence (AI) research. Founded by cybersecurity veterans Greg Martin and Damian Miller, JASK uses machine learning technology to improve the agility and effectiveness of security operations teams, effectively operating as an AI-enabled analyst.
SoftBank invests $100 million in security start-up Cybereason
Cybereason Inc. raised $100 million from SoftBank Group Corp., bringing another cybersecurity business closer to the $1 billion valuation that has become the hallmark of a heavyweight technology start-up.
The funding round gives Cybereason, founded by former operatives in Israel’s elite Unit 8200 military intelligence group, a valuation north of $850 million, after factoring in the latest cash infusion, according to a person familiar with the situation.
Security Startup Obsidian Raises $9.5 Million
Security Startup Obsidian Raises $9.5 Million
JUNE 9, 2017 STAFF
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Security Startup Obsidian Raises $9.5 Million
Obsidian Security just closed $9.5 million in Series A financing. Three investors participated in the round, among them Greylock Partners.
Led by former founding team members of Cylance and Carbon Black, Obsidian Security is a Southern California technology company at the intersection of cybersecurity, artificial intelligence, and hybrid-cloud environments. The company’s goal is to revolutionize how organizations use data science and security technology to combat cyber threats across hybrid-cloud environments.
SoftBank’s Nvidia stake is reportedly worth $4BN
When SoftBank announced the first close of its Vision Fund this weekend — securing an initial commitment of $93 billion from investors including Apple, Qualcomm and Foxconn — it also quietly disclosed it had taken a stake in Nvidia.
Bloomberg is today reporting the size of that stake is $4 billion, for 4.9 percent of the company, which it says would make SoftBank the fourth largest investor in the chip maker.