Cloud data-protection firm PerspecSys raises $12M, plans for global sales push

PerspecSys, the Toronto-based cloud data protection company, has closed $12 million in its second round of funding. The company plans to use the capital injection to further develop global sales and marketing efforts and continue product development.

Symantec has ‘too many layers,’ may lay off up to 1K employees

Symantec announced yesterday that it will be restructuring the company and laying off some of its staff as a result. That number could be as high as 1,000 employees, though Symantec CEO Steve Bennett says the focus is not on the number, but on the efficiency.

The top 10 trends in enterprise cloud for 2013

Folia Grace recently conducted research with analysts and enterprise customers about upcoming trends the cloud.

Here’s what the SAP Cloud’s VP or product marketing says are the top 10 trends for 2013. Grace talked with VentureBeat’s Matt Marshall about her …

Andreessen-Horowitz injects $30M into encryption startup CipherCloud

If someone is trying to break into your enterprise, it's likely because they want your data. Companies are calling for cloud encryption, and Andreessen-Horowitz is joining the chorus by investing $30 million into cloud encryption company CipherCloud.

Cloud security experts: Use multi-factor authentication, you dummies

If you’re not using multi-factor authentication as a company or as a consumer, you really need to start. So say the cloud security geniuses at CloudBeat 2012.

OwnCloud, the open-source challenger to Box, nets $2.5M

OwnCloud pulled in $2.5 million in venture funding. The startup that positions itself as the open-source alternative to Box is the newest contender in the cloud storage wars.

Are you scared yet? Why cloud security keeps these 7 execs up at night

Once upon a time, you knew who to fire when a hack took down your servers: The "little weenies" running around in the basement of your company, as AlienVault's Russell Spitler put it. But that's all changing.

Enterprises are being infiltrated by ‘zombie’ apps, survey reveals

IT departments are hoarding thousands of abandoned and little-used applications, often referred to as "Zombie applications."

Personal.com’s secure ‘vault’ can store your most sensitive data in the cloud

Personal.com, one of a growing class of Dropbox competitors, has taken personally that age-old wisdom: "If you can't beat em, join em."

Cloud security company Zscaler opens its doors to investors, gets $38M

The saying "Trying to catch a cloud and pin it down" is how many people feel about cloud security. But Zscaler believes it can actually do the job, and so does its first investor, Lightspeed Ventures, which just pumped $38 million into the company.

Dropbox adds two-step verification to make your account more secure

Just weeks after another security breach, cloud storage company Dropbox has added a two-step verification process to help make user accounts more secure.

Dropbox has become “problem child” of cloud security

Dropbox, the fast-growing private company that lets you share documents easily online, continues to experience significant security breaches in its service, announcing this time that some user usernames and passwords were stolen “from other websites,” and their accounts accessed.

It …

Security company Qualys files to go public

Cloud security company Qualys just filed for an initial public offering, making it the latest security company to jump into the public market.

Qualys helps enterprise IT departments remain compliant with any policies or regulations associated with their industries, and …

Funding daily: mobile payments, charitable giving, and flower delivery

At VentureBeat, we come across a lot of funding news every day. In order to bring you the most information possible, we’re rounding up the quick-and-dirty details about the funding deals of the day and serving them up here in …

Funding daily: Australian Zappos, mobile site builder, and cloud security providers

At VentureBeat, we come across a lot of funding news every day. In order to bring you the most information possible, we’re rounding up the quick-and-dirty details about the funding deals of the day and serving them up here in …

Daily dose of funding: social city maps, safer apps, and a dash of Hollywood

At VentureBeat, we come across a lot of funding news every day. In order to bring you the most information possible, we decided to round up the quick-and-dirty details for the funding deals of the day and put them in …