Each week Talkin’ Cloud compiles a list of cloud computing financing stories for readers who might have missed the news earlier in the week. This week’s column features funding news from Optoro, EdgeWave, Rapid7, Skytap and P97 Networks.
These stories have been gathered from Talkin’ Cloud’s article database and other media sources. If we missed something, feel free to leave a comment below. We might just add it into the mix.
Here’s this week’s list of 5 Cloud Computing Funding Stories You Might Have Missed, Dec. 19.
Optoro Raises $50M in Financing for Cloud-Based Returned, Excess Inventory Platform. Optoro announced it has raised $50 million in funding for its cloud-based platform for returned and excess inventory. Kleiner Perkins Caufield Byers (KPCB) and Generation Investment Management (Generation) led the Series C financing round, with participation from existing investors Revolution Growth, Grotech Ventures and SWaN Legend Venture Partners.
Cybersecurity Company EdgeWave Raises $2M in Venture Funding. San Diego-based cybersecurity solutions provider EdgeWave this week announced it has received $2 million in additional Series A funds that it plans to use to expand its operations. This Series A equity financing came from investors Northgate, RWI Ventures and TVC Capital and brings EdgeWave’s total 2014 equity funding to $8 million.
Rapid7 Receives $30 Million Investment to Accelerate Growth and Strong Traction of New Security Data Analytics and Strategic Services Offerings. Security analytics software provider Rapid7 on Wednesday announced it has received $30 million from investors Bain Capital and Technology Crossover Ventures (TCV).
Skytap Raises $35 Million from Insight Venture Partners to Meet Growing Global Demand. Environments-as-a-service provider Skytap yesterday said it has received a $35 million investment led by Insight Venture Partners. Existing Skytap investors Ignition Partners, Madrona Venture Group, OpenView Venture Partners and Washington Research Foundation also funded the investment.
P97 Networks Closes $8 Million Series A Funding Round Led by Emerald Technology Ventures and ATAPCO. P97 Networks, a company that specializes in cloud-based mobile commerce and behavioral marketing, yesterday announced it has closed an $8 million Series A funding round. Emerald Technology Ventures led the funding round, and American Trading and Production Corporation (ATAPCO) also participated in the Series A financing.