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Nested virtualisation firm Ravello scores $28m from Qualcomm, SanDisk among others

Ravello's key pitch is that you can replicate a VMware environment in a non-VMware public cloud

Ravello Systems, a firm specialising in nested virtualisation technology, has secured $28m in its latest round of funding. The firm, founded in 2011 by some of the original KVM team, said the funds will be used to redouble its bid to penetrate the cloud market.

Bitglass scores $10m for cloud-based mobile security solution

Bitglass secured $10m in series B funding Wednesday, which the company plans to use to bolster development and marketing efforts for its cloud-based mobile security management service

Bitglass, a startup that just emerged from stealth mode Wednesday announced that it has secured $10m in a series B funding round led by Norwest Venture Partners. The company plans to bolster sales and development efforts for its flagship cloud-based mobile security solution, which claims to enable businesses to ensure corporate mobile security without trading off employee privacy.