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.

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.

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.

Investor confidence is highest in cloud computing say venture capitalists

Money cloud

Cloud computing has been hailed as the strongest technology investment sector for the third time in a row in a survey that gauges confidence among capital, private and growth equity speculators.

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.

Cisco pumps $30m into IoT centre in Barcelona

Cisco intends to invest close to $30m in the facility

Networking giant Cisco on Wednesday announced plans to open an Internet of Things innovation centre in the Spanish city of Barcelona. From 2015 to 2020, Cisco intends to invest close to $30m in the facilities’ restoration, innovation lab, IT equipment, and talent acquisition primarily in engineering, application development and research.

UK DaaS provider Atlas Cloud scores £350k to fuel growth

Newcastle-based DaaS provider secured £350k in funding, which will help fuel the company's expansion efforts

Newcastle-based desktop as a service provider Atlas Cloud announced this week that it has secured £350,000 in new investment from Northstar Ventures and other private investors, which the company said would help fuel the next stage of its UK growth strategy.

SAP to invest €20m in Russian cloud datacentres

SAP plans to invest €20m in two new Russian cloud datacentres

German software giant SAP announced this week that it plans to invest €20m in two Russian datacentres. The company said the investment will help to quadruple its cloud revenues over this year.

Cisco to pour $1bn into cloud as hardware revenues decline

Cisco said it will spend $1bn on developing its cloud services portfolio over the next two years as it moves to rebalance its hardware-focused products and service offerings

In a bid to shift its business towards selling more cloud-based software Cisco is ramping up investment in cloud services, pouring up to $1bn into products and services in the sector over the next two years according to the Wall Street Journal.

Resource Guru scores $870K to make cloud-based scheduling platform agnostic

Resource Guru scored $870,000 in new funding from new and existing investors

Cloud-based scheduling app company Resource Guru said Monday that it has closed $870,000 in new funding. The company’s co-founder Andrew Rogoff told Business Cloud News he expects to accelerate product development, hiring and marketing efforts in a bid to acquire more customers and make scheduling more seamless across multiple platforms.