Business Cloud News

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

ItsOn gets $12.5 million funding to take Smart Services into LatAm and EMEA

Itson award

Cloud based mobile service provider ItsOn has raised $12.5 million in a Series D funding round led by Delta Partners Capital Limited with follow-on investments from Verizon Ventures, Andreessen Horowitz and Tenaya Capital.

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.

Cloud security start up Cloudflare gets $110 million in venture funding

Secure cloud

Google, Microsoft and chip maker Qualcomm are among the investors to collectively stake $110 million in networking and cyber security start up CloudFlare, according to a report in Fortune.

Okta raises $75m in funding as cloud identity management leader is valued as $1.2 bn

identity access management

Cloud security vendor Okta has raised $75 million from existing shareholders, taking its market valuation at $1.2 billion.

Cloud broker Netskope raises $75 million for analytics based security enforcement services

Secure cloud

Cloud security firm Netskope has received $75 million to develop its policy enforcement systems for cloud applications.

Cloud vendor Apttus raises $108m to fund new services and features

Cloud software vendor Apttus has raised a further $108 million to fund the growth of its quote and renewals management business.

CipherCloud scores $50m for cloud data security

CipherCloud has secured $50m in funding

CipherCloud has scored $50m in its latest funding round, which the cloud security vendor plans to use to bolster its international expansion strategy.

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.

ClipCard raises $10m to help users find data in multiple clouds


Seattle-based startup ClipCard, which offers a service that lets users search, aggregate and share data from multiple cloud platforms and applications, has secured $10m in funding.