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Startup Fastly offers radical new CDN using flash memory
Fastly, a startup created this year is turning the economics of delivering content on its head with a content delivery network composed of solid state drives. By placing two servers packed with SSDs in...
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IaaS funding resurfaces as SingleHop raises $27.5M
In a cloud computing market dominated by large, well-known companies such as Amazon Web Services and Rackspace, it’s difficult to find much upside investing in the competition. However, Battery...
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Coupa scoops up $22M to help companies cut costs
Coupa Software netted $22 million in new funding to boost its cloud-based e-procurement (or spend-management) services. New investor Crosslink Capital led this E Series round, joining previous backers...
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Battery Ventures comes out swinging for solar, efficient lighting, green IT
Quite a few greentech companies closed sizable funding rounds this week, and Battery Ventures is involved in three of them. Is cleantech support holding on in the venture world? Here’s what we’ve seen...
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Takeaways from the second quarter in cloud and data
In cloud and big data, the second quarter of 2012 featured several high-profile deals and product launches that could reshape the marketplace for everyone. Google and Microsoft launched...
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Nutanix raises $33M for a new type of scale out storage
Nutanix, a startup building an appliance to virtualize storage networks, has closed a $33 million Series C round of funding, which brings its total cash raised to $71.6 million. The latest round, which...
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Battery Ventures promotes a partner as enterprise IT keeps going strong
Battery Ventures has promoted Itzik Parnafes to general partner as the firm continues to make investments in the enterprise IT sector. The venture firm and Parnafes is betting that the wave of change...
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Diablo gets $28M to marry memory and the processor
Diablo Technologies, a Canadian company that is building a custom chip that will improve flash memory performance in the data center, has raised $28 million in a recapitalization round. The round was...
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Chinese firms continue to scoop up VC-backed cleantech startups for cheap
The trend of Chinese conglomerates snapping up venture capital-backed cleantech startups on the cheap continues. This week a subsidiary of Chinese LED and solar manufacturing company San’an...
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Hired by an algorithm: Entelo gets $3.5M to expand data-based recruiting
Workers in fields like technology and academia are posting more information about their professional lives online, creating a pool of public data that can be machine-sifted to find job candidates....
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Austin Ventures and Battery Ventures are backing an open hardware accelerator
Word on the street is that Battery Ventures, The Valley Fund and Austin Ventures are teaming up to create an accelerator dedicated to backing startups that are building so-called open hardware. I heard...
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CommScope acquires LED ethernet startup Redwood for $10M upfront, potential...
Broadband infrastructure company CommScope has acquired Redwood Systems, a startup that makes LED management software, for $10 million in an upfront payment, plus an additional $50 million combination...
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VividCortex gets $2M to monitor (and diagnose) your MySQL databases
VividCortex sees the need to watch and manage database performance, starting with MySQL and now has $2 million in funding from Jaffray Woodriff, Battery Ventures and angel investors to take on that...
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BoostCTR snags $8M to boost ad optimization sales
BoostCTR, the company that pairs fancy shmancy algorithms with old-fashioned copy writing skills to drive ad optimization now has $8 million in Series B funding. The name of the game for BoostCTR is to...
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Cloud and data second-quarter 2012: analysis and outlook
In cloud and big data, the second quarter of 2012 featured several high-profile deals and product launches that could reshape the marketplace for everyone. Key highlights from the quarter include:...
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XtremIO co-founder dives back into flash storage pool with Elastifile
There’s been a ton of action around flash storage, but Israeli startup Elastifile is betting that there’s still a huge untapped market for solid-state storage, and it has $8 million in Series A funding...
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Yowza! Nutanix nabs $101M in new funding to attack converged infrastructure
There’s a lot of juice left in the converged infrastructure market, or at least VCs think so. Case in point — Nutanix just netted $101 million in Series D funding, bringing total investment up to...
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Healthcare Media Company LifeMed Gets $6.2 Million From Battery
LifeMed Media, a Westport-Conneticut based healthcare media company, has secured $6.215 million in first round financing led by Battery Vent… Healthcare Media Company LifeMed Gets $6.2 Million From...
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Former DoubleClick Exec Launches FreeWheel: Goals Include Solving Writers'...
Hoping to capitalize on the rise of online video sites, FreeWheel, a company started by former DoubleClick execs, is promising to solve issu… Former DoubleClick Exec Launches FreeWheel: Goals Include...
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Social Net Targeter Lotame Secures $10 Million First Round
Lotame, a behavioral targeter that focuses on social networking sites, has raised a "multi-million" first round funding; a source tells us i… Social Net Targeter Lotame Secures $10 Million First Round...
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