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Cloud Direct scores £1.5m to bolster cloud service brokerage

Brett Raynes, founder and chief executive officer of Cloud Direct

UK-based cloud brokerage firm Cloud Direct has secured £1.5m equity investment this week, which will go towards strategic acquisitions and bolstering the firm’s reach.

Rackware bags $2.3m, eyes disaster recovery

Cloud automation firm Rackware has secured $2.3 and looks to be eyeing a moving into disaster recovery

Cloud workload automation specialist RackWare has secured $2.3 in funding which it said will be used to expand sales and marketing in EMEA and drive development of its services. The news comes as the company eyes the increasingly lucrative disaster recovery space.