Nexenta pulls in $24M to realize its vision for a software-defined data center

A software defined storage startup called Nexenta has closed a $24 million funding round, proving that storage is increasingly an area of focus for IT.

The 20 biggest private exits of 2012 (for the top 20 VC firms of the year)

Private company research firm Privco has ranked the top 20 merger and acquisitions of the top 20 technology VC firms of 2012, including Ancestry.com's $1.6 billion sale to private equity firm Permira and other top tech acquisitions such as Yammer, Meebo, Instagram, and NextG networks.

VMware buys Nicira for $1.26B, making a bid for virtualized networking

VMware announced on Monday a big, $1.05 billion acquisition of software-defined networking company Nicira.

While VMware is a major player in data center virtualization, its purchase of Nicira is meant to make it a similarly large presence in software-defined networking …

With $50M raised, Nicira disrupts Cisco and Juniper with network virtualization

Network virtualization start-up Nicira is coming out of stealth mode today and it has an impressive set of customers who evidently believe that it can disrupt the likes of Cisco Systems and Juniper Networks. The idea is to become a …