Diablo Technologies Raises $19 Million To Fuel Growth And Innovation

Diablo Technologies, a leading provider of ground-breaking memory solutions, today announced that it has secured an additional $19 million in capital for its Series C Financing round. The latest round is led by new investor ICV with participation from Battery Ventures, BDC Capital, Celtic House, and Hasso Plattner Ventures. The funding will be used to further accelerate […]

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Toast, the Leading Restaurant POS Company, Raises $30 Million In Series B Funding To Fuel Growth

Toast, the leading all-in-one restaurant point-of-sale company, announced today that it has closed $30 million in Series B funding to further accelerate the company’s impressive growth and customer success. The financing round was led by Bessemer Venture Partners with participation from GV (formerly Google Ventures), and private investors. The company will use the funds to fuel further growth through […]

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Exablox Continues to Reimagine Storage as the Only Vendor to Offer Inline Variable and Fixed-Length Deduplication and Inline Compression, Resulting in up to 20:1 Data Reduction

Exablox®, the award-winning company reimagining storage, today announced that it has added variable-length deduplication to its suite of enterprise-class features for its OneBlox® appliance. With this addition, Exablox is the only storage provider to offer both inline variable-length and fixed-length deduplication along with inline compression in a single storage pool. These capabilities enable Exablox to decrease […]

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GoEuro Raises $45M in Series B Financing led by Goldman Sachs

GoEuro, Europe’s largest platform for planning and booking all rail, bus and air travels, has announced the closure of a Series B funding round totalling $45 million. The funding was led by Goldman Sachs and joined by new investors including Atomico, Yuri Milner and Tom Stafford, Sebastian Siemiatkowski (Klarna) and Ilkka Paananen (Supercell). Read the […]

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Swift Navigation Raises $11 Million to Make GPS More Precise

Swift Navigation Inc. has raised $11 million in Series A funding for global positioning systems technology that is more accurate. San Francisco-based Swift wants to enable the next generation of drones, driverless cars and other robotics to navigate the world precisely, according to Chief Executive and founder Timothy M. Harris. Read the source article at US […]

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Robin Systems Bolsters Executive Team with New CTO and VP Product Management

Robin Systems, a trailblazer in reinventing IT infrastructure for increasingly data-centric enterprises, today announced two key additions to the company’s executive ranks as Partha Seetala joined Robin as chief technology officer and Razi Sharir joined as vice president, Product Management. “At Robin we are focused on delivering our Data‐Centric Infrastructure software to bring tremendous business […]

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ZeroStack Closes $16 Million in Series B Funding Led by Formation 8 and Foundation Capital

ZeroStack, Inc., a pioneer in self-service and scale-out private cloud, today announced $16 million in new funding. The Series B round was led by Formation 8 with contributions from existing investor Foundation Capital and current member of the company’s board of directors, Mark Leslie. ZeroStack also announced that Shirish Sathaye, general partner at Formation 8, will […]

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Rackspace Signs Worldwide Reseller Agreement With PLUMgrid to Deliver OpenStack Networking Solutions

PLUMgrid, a leader of secure and scalable SDN and NFV solutions for OpenStack® clouds, today enters a worldwide resell agreement with Rackspace that advances OpenStack networking and delivers OpenStack solutions for enterprises. Under terms of the agreement, Rackspace will resell the full PLUMgrid SDN portfolio including its Open Networking Suite (ONS) for OpenStack, CloudApex, and […]

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Mellanox Achieves Record Quarterly and Annual Revenue

“We are pleased to achieve record quarterly and annual revenues. Our profitability grew 2.4 times yearover-year with operating income representing 21.3% of revenues. We are proud to grow our annual net income to $138.5 million and generate $150.5 million in cash from operations in 2015 – while we continued to invest in our technology and […]

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Vera Achieves Breakthrough Growth in 2015 by Securing the Fortune 500

Today, Vera (vera.com) announced the results of a breakthrough year, which began with the public launch of their first product in April 2015 and saw the company add more than a quarter million users at Fortune 500 companies in financial services, media & entertainment, manufacturing, and technology sectors. Vera also established a broad ecosystem of […]

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