Red Hat to buy cloud management startup ManageIQ for $104M cash

Open-source cloud software provider Red Hat has agreed to acquire cloud management startup ManageIQ for $104 million in cash.

Nebula CEO & former NASA CTO Chris Kemp: ‘Next year is the year of OpenStack’

Chris Kemp has an impressive resume: a co-founder of OpenStack, former NASA CTO, and CEO of next-gen private cloud startup Nebula. Today he predicted next year would be the year of OpenStack.

MongoDB database creator 10gen grabs a whopping $42M from NEA, Sequoia, others

10gen, the startup that created the popular MongoDB open-source data application, has raised a new $42 million round of funding to improve its data-harnessing technology and build out its team.

The New York- and Palo Alto-based company generates most of …

Funding Daily: a possible Square investment and fighting cyber threats

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 …