cloud software

  • Apptio rises 41% in cloud IPO

    Apptio rises 41% in cloud IPO

    Seattle-based Apptio went public on the Nasdaq today, seeing its shares rise nearly 41 percent on its first day of trading. The cloud software company, which targets CIOs, went public during a slow year for tech IPOs. Only a handful have braved the market following the dismal performance of last year’s tech stocks. But the few that went public this year have mostly done very well. Read More

  • Google buys Orbitera, a platform for cloud marketplaces, for $100M+

    Google buys Orbitera, a platform for cloud marketplaces, for $100M+

    Google today announced another acquisition that will help the company improve how it competes against Amazon’s AWS, Salesforce and Microsoft in the area of enterprise services, and specifically selling enterprise services in the cloud: it has acquired Orbitera, a startup that developed a platform for buying and selling cloud-based software. Terms of the deal have not been disclosed but… Read More

  • Emergence Backs SteelBrick’s Technology For The New, Mobile Salesforce

    Emergence Backs SteelBrick’s Technology For The New, Mobile Salesforce

    Just a few months after acquiring the pricing and quote-check software developer SteelBrick in a $5 million transaction, Godard Abel, the serial entrepreneur behind BigMachines and G2 Crowd, has brought in $6.5 million in new financing from Emergence Capital Partners for his latest venture. Read More

  • SaaS Pioneer Open-Xchange Raises $20M To Expand Its Cloud-Based Services

    SaaS Pioneer Open-Xchange Raises $20M To Expand Its Cloud-Based Services

    Open-Xchange, a maker of Web-based communication, collaboration and office productivity open-source software, has received $20 million in funding from United Internet, former Deutsche Bank COO Hermann-Josef Lamberti and existing shareholders. Part of the proceeds will be used for a secondary transaction. Read More

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

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

    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… Read More