Business Cloud News

Investors stake $56 million on BloomReach’s private cloud personalisation

bloomreach logo

A new system of e-commerce personalisation has broken all records for attracting investment in a private cloud start up. Now the inventors intend to use the money to expand beyond e-commerce into all areas.

Blockchain specialist Digital Asset gets $50 million to create a global digital ledger

Dollar Signs

Distributed ledger maker Digital Asset has announced $50 million funding to further its expansion of blockchain technology for the financial sector.

Cumulus Networks gets $35 million funding for switch tech that inspired Facebook

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Cloud infrastructure hardware inventor Cumulus Networks has received a $35 million round of funding to develop its version of specialised version of Linux aimed to make data centre hardware run better.

Big Switch Networks wins $48.5M to bring SDN to telcos, data centres and enterprises

Network Function Virtualisation

Santa Clara based software defined networking vendor Big Switch Networks (BSN) has won another $48.5 million to bring its bare metal networking fabrics to new markets, reports

Infor invests $25 million in cloud-based retail analyst Predictix

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Cloud app provider Infor has invested $25 million in data scientist Predictix with a brief to use its powers of analysis to solve the problems troubling modern retailers.

Digital health startup Babylon gets £24m to develop medical AI

Babylon Simulator Screen Shot

UK-based digital health service Babylon Health has raised $25m in a Series A funding round led by Swedish investment group AB Kinnevik. The venture capital advance is a record amount for a European cloud based health start up.

Cisco to create 200 new cloud jobs at Cisco Meraki UK

Cisco has announced plans to create 200 new UK jobs for cloud professionals with an investment of $2.5m in the UK-based Startupbootcamp accelerator.

Bracket Computing wins $45 million to secure cloud with encapsulated data cells

Cloud security

Security start up Bracket Computing has been awarded $45m in a Series C investment round to develop its system for making content safe on the cloud.

EverString raises $65 million for predictive marketing push

Startup seed funding

Predictive marketing SaaS company EverString has raised $65 million in venture funding for market expansion.

Salesforce offers $100m VC opportunity to European cloud startups

Salesforce Wear

Salesforce Ventures has allocated $100 million to invest in European startups as the investment arm of the cloud giant aims to capitalise on a potential $33.3 billion market.