Funding Daily: Another day, another million dollars

Today in funding news, the numbers are all over the place. The Mayfield Fund finds itself with $1 million for every day of the year, while pioneer community news site Digg sold for 500 times less than once dreamt. There are also whispers of dirty laundry, white tigers, rapper wheels, and tulle gowns, but you will have to read more to find out why.

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Five common fears of the cloud

Cloud adoption is trending massively up and to the right. Yet many managers and CFOs are still wary about becoming heavily dependent on cloud technologies, mostly due to questions around cost, security, and the challenge of managing many disparate accounts.