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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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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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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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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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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Apigee Closes $60 Million in Funding to Meet Accelerating Demand for Digital Business Technologies

Apigee, developer of the leading platform for digital acceleration, today announced the completion of a $60 million round of financing. Pine River Capital Management and Wellington Management Company participated as new investors in this round, along with current Apigee investors Norwest Venture Partners (NVP), Bay Partners, Third Point LLC, SAP Ventures, funds managed by BlackRock, Focus Ventures, and Accenture. […]

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Western Digital Buys Fast-Growing Virident For $685 Million

On September 9, Western Digital subsidiary, HGST — formerly known as Hitachi Global Storage Technologies — acquired flash storage hardware and software supplier, Virident, for $685 million in cash. Virident’s CEO, Mike Gustafson, is now Senior Vice President of HGST and in a September 12 interview conveyed his excitement about continuing to lead its “very […]

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Zerto Raises $26 Million in Series D Financing to Accelerate Hybrid Cloud Adoption

Zerto, setting the standard for protection, recovery and migration of data in cloud and virtualized data centers, today announced that it has raised $26 million in Series D financing. New investor Harmony Partners led the financing, with participation by all current investors: Battery Ventures, Greylock IL, RTP Ventures and U.S. Venture Partners. The round brings […]

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