Copy data management startup Actifio has raised $50 million in a new round of funding to help companies reduce the number of extra copies of data they need to operate.
Sumo Logic, an enterprise log management and analytics company, announced today it has raised $15 million in its second round of funding. Sutter Hill Ventures led the round with participation from Greylock Partners and angel investor Shlomo Kramer.
Database solutions startup Neo Technology on Wednesday announced it has raised $10.6 million with a goal of helping enterprise companies manage and interpret increasingly complicated data sets using NOSQL.
Platfora, a data management software provider based on Hadoop, announced on Thursday it has raised $5.7 million from Andreessen-Horowitz just a few months after the company was founded.
Locationary, an online and mobile service that lets you search “place” data, such as local businesses, announced Wednesday that it has raised $2.5 million to hire new staff and launch a powerful new local data management system.
DataRoket is one of 53 companies chosen by VentureBeat to launch at the DEMO Spring 2011 event taking place this week in Palm Desert, Calif. After our selection, the companies pay a fee to present. Our coverage of them remains objective.
Cloudera, a maker of data-management software for large companies, announced today that it has raised $25 million in its third round of funding to help build its Hadoop-based software architecture.
Guest Post Ken Elefant is a founding partner of VC firm Opus Capital (formerly Weiss, Peck & Greer Venture Partners) focusing primarily on internet infrastructure and software investments. Opus has more than $1 billion capital under management and has participated in the successful outcomes of more than 80 companies (including 48 IPOs) in the U.S. and in Israel.
The very public bidding war between Dell and HP for the data storage company 3Par may finally be coming to an end. HP announced today that it increased its offer for 3Par to $33 per share — or $2.4 billion. Shortly thereafter, 3Par announced that it will accept the offer, and Dell said that it won’t revise its previous $2 billion offer, and will pull out of acquisition talks.
The battle between Dell and HP for the hand of data storage company 3Par is finally over. Dell announced this morning that 3Par has accepted its $1.6 billion bid — an increase over its $1.15 billion offer from last week.