Here is your cloud news round up post for the week.
Front Desk Raises $4 Million to Expand Mobile Cloud Platform – Don’t turn your nose up at Front Desk, as the software startup are preparing for big things. Specifically, Front Desk are looking to process more than $100 million in payments in 2014. Spanning 20 countries with around 1,000 business signed up to make use of Front Desk’s payment offerings, that money could help them to process even more payments on mobile especially, where over 60% of their business takes place. Only around for one year, Jon Zimmerman, Front Desk’s co-founder and CEO says “This has been an incredible first year for Front Desk, and [they are] delighted to secure this financing from such a well-respected group of investors and entrepreneurs. The funding will help [them] step on the gas to meet [their] growing demand.” so that funding will be of good use.
Cloud Startup LoginRadius Raises $1.3 Million in Funding – LoginRadius, the flagship product of a Canadian tech startup called Nya Concepts Inc., has successfully raised $1.3 million in a recent round of funding. The team behind the service, which allows users to register and sign up for websites by way of their Google and Facebook profiles (along with Yahoo, etc.), is set to use the money to “help businesses engage and understand their users by simplifying how users connect to the web. This financing gives [them] additional resources for rapid growth and product innovating so that [they] can continue to transform the way users connect to the web and mobile applications”, according to Rakesh Soni, co-founder and CEO of LoginRadius. The service seems to be useful, and the money will go a long way to furthering that, so it will be interesting to see where the tech goes in the future.
Microsoft Release Details on Oracle on Azure Cloud – It was recently announced that Satya Nadella would be Microsoft’s new CEO, and he was previously one of the driving figures behind Microsoft’s work with the cloud. Now, one of the very first outcomes of that has become apparent as Microsoft have no revealed information on the Oracle on Azure partnership that the tech company have been working on. In a new statement, they have said that “Beginning 12 March, [Microsoft] will charge for the Oracle software running in license included Oracle VMs in addition to [their] charge for the Windows Server VMs in which the Oracle software runs.” but as that’s not set to go live until next month, we’ll keep you posted once we know more.
By Jennifer Livingstone
- Don’t Be Intimidated By Data Governance - May 24, 2016
- Business Analytics Vs Data Science - May 23, 2016
- Cloud is Killing Your BYOD Rollout, But Why? - May 17, 2016
- Is The Fintech Industry The Next Tech Bubble? - May 16, 2016
- Infographic Introduction – Benefits of Cloud Computing - May 10, 2016