Cloud Computing Startups Raise Big Money: UPDATE 13

Cloud Computing Startups Raise Big Money: UPDATE 13

This is the fourteenth in a continuing series on startups raising funding. You can read the latest in the series at: Cloud Computing Startups Raise Big Money: UPDATE 12 . For previous updates, please click on relevant links in the aforementioned article.  Today, there are two startups in focus – Sonian and Cloud Cruiser.

Sonian

Sonian, on its website, declares its mission of “archiving the world’s electronic documents.” The site also has a running counter which tracks the number of objects under management, and the number currently is in excess of 6 billion. Now, it has an additional $13.6 million in investor funding to expand its reach in the world of cloud computing. This recently concluded Series C funding led by OpenView Venture Partners brings to a total external financing raised by the company to $27 million since its inception in 2007. Although Amazon had been one of its early investors, Sonian’s decision to cater to customers on clouds other than Amazon’s has led to the latter holding back from further investments in the company.

According to vice president of marketing and product management Jon Pilkington, Sonian focuses its business on the archiving of emails and files in public clouds and extracting relevant information from them. “We replicate data eight ways. But customers can retrieve the original document for compliance purposes. And it’s never replicated outside of the customer’s geographical area,” he added. I had earlier discussed some of the implications of storing data at distant locations (See: Computing Without Borders – What Works, What Doesn’t).

Cloud Cruiser

With so many cloud technologies available, it sometimes becomes difficult for users to manage multiple resources. That is an issue that cloud cost intelligence solutions provider Cloud Cruiser tries to solve by delivering “cost intelligence based on granular, enterprise-wide resource usage and spending across public, private, and hybrid cloud environments.”

The company recently announced a $6 million Series B funding led by veteran Silicon Valley venture capital firm ONSET Ventures, bringing total external capital raised since its founding in 2010 to $7.6 million. The VC has been part of the technology startup landscape for more than 25 years and has more than $1 billion under management. In addition to ONSET, existing Cloud Cruiser investor Wavepoint Ventures also participated in the round.

“The IT industry is at the cusp of massive spending in enterprise cloud computing. ONSET Ventures’ investment in Cloud Cruiser is great validation of enterprise adoption of cloud computing and the critical requirement for cost intelligence capabilities to ensure success,” said Dave Zabrowski, founder and CEO of Cloud Cruiser.

By Sourya Biswas

Sorry, comments are closed for this post.

Dismissal Of Class Action Lawsuit A Setback For Internet Privacy

Dismissal Of Class Action Lawsuit A Setback For Internet Privacy

A Setback For Internet Privacy On Monday the Third U.S. Circuit Court of Appeals (a federal appeals court) unanimously dismissed a class action lawsuit by parents of children under the age of 13 who had used Nickelodeon’s websites against Google and Viacom (which owns the Nickelodeon websites). This was a result of litigation beginning in…

Controversial Chinese Cybersecurity Law Under Review Again

Controversial Chinese Cybersecurity Law Under Review Again

Cybersecurity Law BEIJING. The National People’s Congress, the equivalence of the Chinese Parliament, moved forward in drafting a second version of a controversial cybersecurity law first introduced almost a year ago. This means the law is thought to be closer to passing and will bring greater censorship for both foreign and domestic citizens and businesses.…

Personal Account of Google CEO Compromised

Personal Account of Google CEO Compromised

Personal Account Compromised The security of our information online, whether it’s our banking details, emails or personal information, is important. Hackers pose a very real threat to our privacy when there are vulnerabilities in the security of the services we use online. It can be worrying then when the CEO of perhaps the largest holder…

How You Can Improve Customer Experience With Fast Data Analytics

How You Can Improve Customer Experience With Fast Data Analytics

Fast Data Analytics In today’s constantly connected world, customers expect more than ever before from the companies they do business with. With the emergence of big data, businesses have been able to better meet and exceed customer expectations thanks to analytics and data science. However, the role of data in your business’ success doesn’t end…

Data Protection and Session Fixation Attacks

Data Protection and Session Fixation Attacks

Keeping the man out of the middle: preventing session fixation attacks In a nutshell, session fixation is a type of man in the middle attack where an attacker is able to pretend to be a victim using a session variable. For instance, let’s say you have an application that uses sessions to validate the user.…

Cloud Computing Is Greener Than You Think

Cloud Computing Is Greener Than You Think

Cloud Computing Is Greener Than You Think Last week we touched upon how a project in Finland had blended two of the world’s most important industries, cloud computing and green technology, to produce a data centre that used nearby sea water to both cool their servers and heat local homes.  Despite such positive environmental projects, there…

The Future Of Work: What Cloud Technology Has Allowed Us To Do Better

The Future Of Work: What Cloud Technology Has Allowed Us To Do Better

What Cloud Technology Has Allowed Us to Do Better The cloud has made our working lives easier, with everything from virtually unlimited email storage to access-from-anywhere enterprise resource planning (ERP) systems. It’s no wonder the 2013 cloud computing research IDG survey revealed at least 84 percent of the companies surveyed run at least one cloud-based application.…

New Report Finds 1 Out Of 3 Sites Are Vulnerable To Malware

New Report Finds 1 Out Of 3 Sites Are Vulnerable To Malware

1 Out Of 3 Sites Are Vulnerable To Malware A new report published this morning by Menlo Security has alarmingly suggested that at least a third of the top 1,000,000 websites in the world are at risk of being infected by malware. While it’s worth prefacing the findings with the fact Menlo used Alexa to…

Why Cloud Compliance Doesn’t Need To Be So Overly Complicated

Why Cloud Compliance Doesn’t Need To Be So Overly Complicated

Cloud Compliance  Regulatory compliance is an issue that has not only weighed heavily on the minds of executives, security and audit teams, but also today, even end users. Public cloud adds more complexity when varying degrees of infrastructure (depending on the cloud model) and data fall out of the hands of the company and into…

Cloud Infographic: The Future of File Storage

Cloud Infographic: The Future of File Storage

 The Future of File Storage A multi-billion dollar market Data storage has been readily increasing for decades. In 1989, an 8MB Macintosh Portable was top of the range; in 2006, the Dell Inspiron 6400 became available, boasting 160GB; and now, we have the ‘Next Generation’ MacBook Pro with 256GB of storage built in. But, of course,…

Infographic Introduction – Benefits of Cloud Computing

Infographic Introduction – Benefits of Cloud Computing

Benefits of Cloud Computing Based on Aberdeen Group’s Computer Intelligence Dataset, there are more than 1.6 billion permutations to choose from when it comes to cloud computing solutions. So what, on the face of it, appears to be pretty simple is actually both complex and dynamic regardless of whether you’re in the market for networking,…