Atavium Raises Oversubscribed $8.65M Series A Financing Round
Atavium, Inc, announced that it has closed an oversubscribed $8.65M Series A funding round led by Rally Ventures and Grotech Ventures, with participation from Origin Ventures, Correlation Ventures, Brightstone Venture Capital and G-Bar Ventures. Atavium has created a unique data management platform that has allowed initial customers to mine, categorize, and maximize the value of their data.
Data is ubiquitous, growing exponentially, and no longer living in a single data center. Organizations are grappling with understanding where data needs to be, how important it is, or whether it needs to be retained for compliance or business reasons. CIOs are increasingly turning to data management solutions to overcome these new and growing challenges.
NooBaa Raises New Financing
Storage startup NooBaa just closed a new round of financing. Three investors participated in the round: JVP, OurCrowd, and Akamai Technologies.
NooBaa, based in Israel and Silicon Valley, aims to deliver to customers the most flexible data-management platform in the market and the world’s lowest TCO. NooBaa’s software-only solution, based on a new architectural approach, combines the convenience and elasticity of public cloud storage with the control and security of on-premise storage solutions.
Fastly raises another $50 million for its content delivery networking technology
Content delivery company Fastly has raised $50 million in financing to expand its footprint as a corporate supplier of speedy application, website, and web service delivery.
In its press release, Fastly calls its service an “edge cloud platform”, which is a fantastic mix of nonsense and meaningless garbage that I’m going to refuse to use (seriously, Bateman Group, that is a hot-trash mix of word salad).
Aporeto Scores $14.5M to Develop ‘Holy Grail of Cloud Security’
Aporeto will soon launch its first commercial cloud security product, following a $11.2 million Series A funding round, which closed this week.
Norwest Venture Partners led the latest round. The firm also led the $3.3 million seed round in December 2015.
Tanium Raises $100M: ‘Vote of Confidence’ or ‘Liquidity Event’ After Bad Press?
Security startup Tanium raised $100 million in a sale of common stock — a move the company billed as a “resounding vote of confidence” from the investor community, and the Wall Street Journal described as “a liquidity event for insiders following a spate of negative publicity.”
Tanium exposed customer data during a demonstration of its software last month, according to an earlier Wall Street Journal report. Around the same time Bloomberg reported an exodus of senior officials because of CEO Orion Hindawi’s “bullying management style.”
Liqid Secures $10 Million in Series A
Liqid Inc., provider of on-demand composable infrastructure (CI) technologies, announced that it has secured $10 million in Series A funding led by Marker Hill Capital LLC, joined by existing investor and strategic partner, Phison Electronics Corporation.
Rubrik Raises $180 Million Series D, Total Funding at $292 Million
Rubrik, Inc. announced a $180 million series D investment led by IVP with strong participation from Lightspeed Venture Partners and Greylock Partners, bringing total equity raised to $292 million.
With a run-rate approaching $100 million, and several hundred enterprise customers adopting its Cloud Data Management, Rubrik has established a record setting growth in six quarters of selling.
Signal Sciences raises $15 mln led by CRV
Venice, California-based Signal Sciences, a developer of Web application security services, announced it has raised $15 million in a Series B funding round led by CRV. Harrison Metal, Index Ventures and O’Reilly AlphaTech Ventures also participated in the round. The company was founded by former Etsy engineers.
Cloudera Could Raise $242 Million In Upcoming IPO
In preparation for its initial public offering (IPO), big data analytics firm Cloudera yesterday priced its offering at $12 to $14 per share, giving the company a market capitalization of $1.79 billion. The company is planning to sell 17.3 million shares and could possibly raise as much as $242.2 million from the offering.
Data management startup Rubrik is raising up to $200M on a $1B valuation
Make way for another juggernaut amongst enterprise startups: Rubrik, a data backup company that only emerged from stealth in 2015, is in the process of raising between $150 million and $200 million on a valuation of $1 billion as the company enters a period of strong demand for its storage and data management products, according to sources.