Microsoft’s long-term strategy is to win over the large enterprises that are still using traditional disks before Amazon or Rackspace can get to them.
U.S. and European venture capital firm Index Ventures announced a €350 million fund for primarily early-stage European investments late Sunday. The firm said it’s impressed by the innovation it’s seeing in Europe despite economics issues that have plagued the area for several years. Some of the fund will go towards U.S.-based startups as well.
Zuora aims to be the leader in subscription billing as it raises $36 million in a fourth round of funding.