December 18th, 2012

Plex Systems Lands $30M From Accel To Help Global Manufacturing Transition To The Cloud

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Over the last few years, the enterprise has been been quick to adopt cloud computing, but by and large, the cloud has found the most penetration in areas of the enterprise that aren’t mission critical. Yet, as Forbes wrote today, this has begun to change of late as companies that are handicapped by decades-old, legacy enterprise resource planning (ERP) system increasingly move from on-premise… → Read More

July 23rd, 2012

August Capital Raising $550M For Sixth Venture Fund, “Sticking To What Works”

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August Capital, the 17-year-old Sand Hill venture capital firm, is raising a new $550 million investment fund, according to documents filed this morning with the SEC.

August Partner Howard Hartenbaum has since confirmed the firm’s raise, which is its sixth fund to date. It closed its previous, $650 million fund in March of 2009. The firm’s new raise consists of two funds, its core fund, which… → Read More