Hot Start-ups

Qumulo, a start-up based in Seattle, announced $40 million in Series B funding. The company is focused on enterprise data storage but has not yet disclosed its product plans. The...

Cloudera, which specializes in enterprise analytic data management powered by Apache Hadoop, has acquired Xplain.io, a start-up specializing in self-service analytics. Financial terms were not disclosed. Xplain.io's product, "Big Data...

SolarWinds, which specializes in IT performance management solutions, has acquired Librato, a San Francisco-based cloud monitoring company, for a cash purchase price of $40 million. Librato currently enables full-stack performance...

Businesses relying on broadband lines (DSL, cable, LTE, Ethernet or fiber) continue to experience variable and insufficient performance one-quarter of the time, according to data compiled by VeloCloud Networks. Specifically,...

Orange is lauching an “early stage” investment program branded Orange Digital Ventures. It will  identify and fund start-ups during their initial development as well as provide the  strategic relationships needed...

Ravello Systems, a start-up based in Palo Alto, California, raised $28 million in third round funding for its nested virtualization powered cloud service. Ravello, which was founded in 2011 by...

Apcera, a start-up backed by Ericsson that offers a Platform-as-a-Service (PaaS) that deploys, orchestrates and governs workloads on premise and in the cloud, announced a partnership with Tropo to provide...

Anuta Networks, a start-up developing network orchestration systems, announced support for OpenStack, NFV and YANG modeling. Anuta Networks NCX is an industry leading software solution designed to deliver complete network...

AOptix Technologies,which specializes in ultra-high capacity wireless communications based on Composite Optical-RF (COR™) technology, named Michael Klayko as its new CEO. Klayko is the former CEO of Brocade Communications Systems...

Ionic Security, a start-up based in Atlanta, has raised $40.1 million in Series C funding for its distributed data protection platform. Ionic's platform combines protection, visibility, attribution, and granular control...

Citrix has acquired Sanbolic, a start-up specializing in workload-oriented storage virtualization technologies. Financial terms were not disclosed. Sanbolic, which is based in Waltham, Mass., developed a scale-out software architecture for...

MongoDB, a start-up with headquarters in New York City and Palo Alto, has secured an additional $80 million in funding for its next-gen database. MongoDB stores data using a flexible...

Facebook has acquired QuickFire Networks, a start-up based in San Diego that specializes in video encoding technologies. Financial terms were not disclosed. QuickFire developed a 1-RU, Intel-based appliance for processing...