Enterprise

How cloud computing, big data and new devices are changing work

  • Andreessen Horowitz Leads $15M Round In Cloud Business Intelligence Platform GoodData

    Andreessen Horowitz Leads $15M Round In Cloud Business Intelligence Platform GoodData

    Startup GoodData, which provides companies with a cloud-based business intelligence (BI) platform, has raised $15 million in funding led by Andreessen Horowitz with existing investors General Catalyst Partners, Fidelity Growth Partners and Windcrest Partners also contributing to the round. This investment brings GoodData’s total funding to $28.5 million. The company has also added two… Read More

  • OpenDNS Now Serving 30 Million Customers

    OpenDNS Now Serving 30 Million Customers

    Everyone’s favorite alternative DNS service, OpenDNS, is now serving up DNS to 30 million customers world-wide. The company announced this milestone in a short release and notes that they are now sending out more DNS goodness than any other major ISP. The company says they are now used in one of three US schools, hundreds of thousands of households, and a plethora of major… Read More

  • Red Hat CEO At LinuxCon: I Have No Idea What’s Next

    Red Hat CEO At LinuxCon: I Have No Idea What’s Next

    Jim Whitehurst, CEO of Red Hat, just delivered a terrific opening keynote presentation for LinuxCon. Whitehurst isn’t just a businessman, he’s also a geek. He used Linux and open source before joining Red Hat, and the opportunity to be CEO of the world’s most successful open source company was a dream come true for him. After a quick summary of some of the major milestones… Read More

  • Square Co-Founder And Others Put $17M In Online Merchant Lender Kabbage

    Square Co-Founder And Others Put $17M In Online Merchant Lender Kabbage

    Atlanta-based startup Kabbage, which provides working capital to online merchants, has raised $17 million in Series B funding led by Mohr Davidow Ventures with BlueRun Ventures, David Bonderman, founder of TPG Capital; Warren Stephens, CEO of Stephens; the UPS Strategic Enterprise Fund, Jim McKelvey, co-founder of Square; and others participating in the round. This brings Kabbage’s… Read More

  • Dell Misses On Q2 Revenue, Net Income Up 60 Percent But Cuts Q3 Outlook

    Dell Misses On Q2 Revenue, Net Income Up 60 Percent But Cuts Q3 Outlook

    Dell reported mixed earnings this afternoon for the second quarter of fiscal year 2012. Revenue in the quarter was $15.7 billion, up 1 percent over last year. GAAP earnings per share was $0.48, up 71 percent; non-GAAP EPS was $0.54 cents, up 69 percent. The company blew past EPS expectations, Dell missed slightly on revenue. Analysts expected non-GAAP EPS of $0.49 on revenue of $15.75 billion. Read More

  • SEC Watch: Cloud Storage Startup Box.net Raises $18.6 Million More

    SEC Watch: Cloud Storage Startup Box.net Raises $18.6 Million More

    Box.net has raised $18.6 million out of a $35 million round according to an SEC filing. We’ve confirmed this with the company. This brings Box’s total funding to $96 million. Box, which has 6 million users and stores 300 million documents, is a cloud storage platform for the enterprise that comes with collaboration, social and mobile functionality. Box has evolved into more than… Read More

  • Thought Equity Motion Scores $25 Million For Cloud-Based Video Platform

    Thought Equity Motion Scores $25 Million For Cloud-Based Video Platform

    Online video technology and footage licensing services provider Thought Equity Motion has raised $25 million from Shamrock Capital Advisors, the company announced this morning. The company delivers video archive management and “smart content” metadata tools as a cloud service, as well as rights development expertise. Through its Web platform and global sales force, the company… Read More

  • Time Warner Cable Buys Cable Company Insight Communications For $3 Billion

    Time Warner Cable Buys Cable Company Insight Communications For $3 Billion

    Rumors about the news swirled yesterday, but Time Warner Cable just confirmed it has acquired Midwest cable operator Insight Communications for $3 billion in cash. Insight serves over 750,000 customers in Indiana, Kentucky and Ohio, according to the press release. Insight offers bundled video, high-speed Internet and voice telephony services to residential and business customers and also… Read More

  • Box.net Bets On HTML5 For New Mobile Site; Launches PlayBook And Android Tablet Apps

    Box.net Bets On HTML5 For New Mobile Site; Launches PlayBook And Android Tablet Apps

    Box.net’s CEO and co-founder Aaron Levie has been open about his belief that mobile is a key pillar to the cloud storage company’s future. The company already offers native apps for a number of platforms, including Android, iPhone, iPad and BlackBerry, but the company’s mobile site was lacking in functionality. Which is why Box has completely re-developed its mobile site, and… Read More

  • Airband Raises $20 Million, Announces Plans For Mergers And Acquisitions

    Airband Raises $20 Million, Announces Plans For Mergers And Acquisitions

    Airband, a provider of fixed wireless voice and data services to businesses, this morning announced that it has secured $20 million in financing from Boston-based ABRY Partners, which also got a seat on Airband’s board of directors. Airband, which offers Internet access, data services, VoIP, security and other solutions, says it plans to expand network coverage and capacity in… Read More

  • Cloudera Now Certifies Companies For Apache Hadoop; Launches Partner Program

    Cloudera Now Certifies Companies For Apache Hadoop; Launches Partner Program

    Cloudera, the startup that commercially distributes and services Apache Hadoop based data management software and services, is announcing a comprehensive partner program today for the companies that use its services. Hadoop is a Java software framework born out of an open-source implementation of Google’s published computing infrastructure which is fostered within the Apache… Read More

  • NoSQL, Yes Funding! Couchbase Raises $14 Million

    NoSQL, Yes Funding! Couchbase Raises $14 Million

    NoSQL database company Couchbase, created earlier this year through the merger of CouchOne (co-founded by the creator of CouchDB) and Membase (founded by the key developers behind memcached), has scored $14 million in a Series C round of funding led by Ignition Partners with participation from the company’s existing backers Accel Partners, Mayfield Fund, and North Bridge Venture Partners. Read More

  • 30-Year Old Publishing Software Maker Quark Acquired By Private Equity Firm

    30-Year Old Publishing Software Maker Quark Acquired By Private Equity Firm

    Privately held Quark, which develops publishing software for professional designers and enterprises and is best known for its QuarkXPress (QXP) desktop publishing layout editor, has been acquired by Platinum Equity, a private equity firm that specializes in mergers and acquisitions. Financial terms of the transaction were not disclosed. Brian Wall, the partner at Platinum Equity who led the… Read More

  • What’s the Fastest Web Browser in the “Real World?” Chrome.

    What’s the Fastest Web Browser in the “Real World?” Chrome.

    Compuware’s benchmarks division, Gomez, has just released new data from a website measurement project whose goal was to determine what the fastest web browser is in the “real world” of desktop users. The project only measured load times of users on broadband connections. The data, collected over a one-month time frame, captured the results of 1.86 billion individual… Read More

  • Khosla, Greylock, Andreessen Horowitz Put $16.5M In Enterprise Cloud App Management Startup Okta

    Khosla, Greylock, Andreessen Horowitz Put $16.5M In Enterprise Cloud App Management Startup Okta

    Enterprise cloud app management company Okta has raised $16.5 million in Series B funding from Greylock Partners, Khosla Ventures, Andreessen Horowitz and FLOODGATE. This brings the company’s total funding to $28 million. Okta is a cloud application management service. Okta’s platform allows companies to have control of their users, applications, and data both in the cloud and… Read More

  • BigTime Raises $2M For Cloud-Based Time And Billing Management Software

    BigTime Raises $2M For Cloud-Based Time And Billing Management Software

    BigTime Software, which offers cloud-based productivity software tools to professional services firms, this morning announced that it has raised $2 million in Series A funding in a round from LTC Partners, Geneva Venture Investment Management, Hickory Grove and Howell Capital. The company delivers time, billing and practice management software-as-a-service that integrates with Intuit QuickBooks… Read More

  • Cloud Solutions Company Appistry Lands $12 Million In Funding

    Cloud Solutions Company Appistry Lands $12 Million In Funding

    Appistry, a St. Louis, MO-based developer of cloud solutions, has raised $12 million in funding in a Series D round led by private equity firm eXome Capital. Stuart Mill Capital and other private and existing investors also participated. The round, which includes term debt, pushes the total of capital raised by Appistry to over $34 million. Read More

  • Zendesk Brings Customer Service SaaS To The Enterprise

    Zendesk Brings Customer Service SaaS To The Enterprise

    Customer support startup Zendesk going after enterprise clients with the launch of a new solution that is tailored to large organizations. Launched in 2008, Zendesk offers a web-based, SaaS-delivered help desk/support ticketing application that gives companies a simple way to manage incoming support requests from end customers. Zendesk’s new enterprise grade features include… Read More

  • CA Buys Website And App Monitoring Startup WatchMouse

    CA Buys Website And App Monitoring Startup WatchMouse

    IT software giant CA Technologies has acquired website monitoring startup WatchMouse. Financial terms of the acquisition were not disclosed. WatchMouse product tests the availability of websites, services and applications and monitors the performance and security of sites by simulating regular visits from its monitoring network of 60 stations in more than 40 countries. WatchMouse will tell a… Read More

  • NEA And Sequoia Put $18M In Brand-Focused Social Media Platform Hearsay Social

    Hearsay Social, a SaaS dashboard for national businesses and their local branches to manage Facebook, LinkedIn and Twitter pages, has raised $18 million in new funding led by New Enterprise Associates (NEA) with existing investor Sequoia Capital participating. In conjunction with the funding, NEA partner Jon Sakoda is joining the Hearsay Social Board of Directors. To date, Hearsay Social… Read More