VMware will need to beat out a number of fast-growing storage upstarts, or it could lose its grip on the virtualization market.
Cloudera has pulled in $65 million in its fifth round of venture capital funding, bringing the company’s total funds to $140 million.
Editor’s Pick While consumer-focused companies like Facebook and Zynga exploded, business software startups have been quietly scoring household-name customers with multi-million dollar budgets, kicking legacy players off their pedestal, and filing for higher-than-expected IPOs.
Trifacta is coming out of stealth mode today as the latest “big data” startup. Accordingly, it has raised $4.3 million from Accel Partners’ Big Data Fund. Trifacta is creating productivity platforms that make data analysts more productive. And the company’s visualization software makes normal folks into database analysts.
Stealth “big data” startup Origami Logic has raised $8M and climbing
Guest Post Big data has been the subject of a lot of hype lately. But that doesn’t mean it’s a fad; this movement is certainly here to stay. It is essentially the business of how we deal with the volume, variety, and velocity of data that is continuously accumulating around us. The idea is that we can learn quite a bit more about ourselves (both as consumers and enterprises) by sifting through all of the data that surrounds us. We’re now entering the formative years of Big Data being the fifth technology wave (mainframes, PCs, Internet, and social media being the previous four). And just as with every wave before it, your business is going to have to figure out the fundamental opportunities and challenges before you can make Big Data work for you:
Code 42 Software has been growing quietly in the background, providing online backup for consumers and enterprises. But after a decade of growth, it’s ready to raise its sales and marketing profile. So the company is announcing today it has raised $52.5 million from Accel Partners and Split Rock Partners.
Venture firm Accel Partners has carved out a $100 million “big data” fund to invest in companies focused on building new IT infrastructure or on applications than run on that new infrastructure.
Chuck Ganapathi, the man who created Salesforce.com‘s Chatter, the company’s largest product development effort ever, has left to join Accel Partners as Entrepreneur in Residence.