‘Halfway house’ for old-school IT systems backed by $12M

Fruition Partners raises $12 million to transition legacy enterprise IT systems to cloud-based operations.

Extole turns regular customers into brand ambassadors, raises $10M

Nearly every company has a social presence these days, but personal recommendations are often a more powerful way to boost sales. If you’ve never heard about a company before, but your friend has, you’ll likely trust her opinion over that …

After finding Chinese malware, AlienVault gets $8M round

AlienVault, developer of open source security software, announced an $8 million second round of funding after recently identifying Chinese Malware infecting the Department of Defense.

The round comes from Trident Capital, which was most interested in AlienVault’s SIEM (security information …