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Interoute opens Trans-Pacific network route between Hong Kong and Los Angeles

Interoute is expanding its fibre network, which will boost its cloud biz

Interoute has added two new independent networking routes between Los Angeles (LA) and Hong Kong to support what it claims is Europe’s biggest cloud service platform.

Ciber machine will convert Cobol into cloud ready code

Legacy code is keeping enterprises from migrating to the cloud

Service provider Ciber claims it has solved one of the most expensive problems in business: upgrading legacy systems to make them secure and cloud friendly.

Businesses want private cloud as revenue enabler says IDC

Cisco says cloud - primarily private cloud - is the key to unlocking new business value

Cloud business is moving into a second wave of adoption, according to a global study commissioned by Cisco. Half (53 per cent) the survey group said they expect cloud to raise their revenues in the next two years – with almost as many (44 per cent) identifying private cloud as their chosen enabler.

IBM boosts OpenStack cloud presence with Blue Box integration

IBM has integrated Blue Box, which offers managed private OpenStack clouds on-premise, into its own datacentres

Less than a few months after buying the managed OpenStack-based private cloud provider Blue Box IBM announced it has integrated the company’s technology into its SoftLayer infrastructure.

Hybrid cloud enabler Velostrata bags $14m, exits stealth

Velostrata is the latest hybrid cloud vendor to come out of stealth

Hybrid cloud software vendor Velostrata has secured $14m in series A funding as it emerged from stealth this week.

Intel, BlueData partner on big data following $20m funding round

Intel and BlueData are collaborating on big data

Hadoop specialist BlueData announced a strategic collaboration with Intel this week after the chip company’s venture capital arm helped lead a $20m funding round for the startup.

NTT Com to provide private links to AWS, Azure

NTT Com is getting into the cloud interconnection service game

NTT Com is among a growing number of datacentre providers leveraging their network and real-estate for cloud interconnection services.

Salesforce doubles down on financial services

Salesforce is doubling down on financial services firms

Salesforce is previewing a cloud platform tailored specifically to the needs of financial services professionals. The move comes the same week research reveals the average financial services firm uses over 1,000 cloud-based applications.

Link Labs bags $5.7m to boost IoT network dev efforts

Link Labs scored $5.7m, which it will use to double down on product development

Internet of Things (IoT) networking specialist Link Labs has secured $5.7m in series A funding which the company said would be used to boost its low-power wide area network (LPWAN) expansion efforts.

Software-defined storage vendor Scality nabs $45m to prep for IPO

Scality has secured $45m in its latest funding round and plans to go public in 2017

Software-defined storage expert Scality has secured $45m in a funding round led by Menlo Ventures, which the company said will be used to fuel its North American and international expansion.