IBM To Help Modernize Indian Port

IBM and the Delhi-Mumbai Industrial Corridor Development Corporation of India has completed a digital plan for Dighi Port Industrial Area, Maharashtra, India. The Integrated Communication Technology (ICT) Master Plan for Dighi Port...

Sumo Logic Raises $30M

Sumo Logic, a company that provides machine data analytics at a petabyte scale, has raised  $30 million in funding. The investment was led by Sequoia Capital, with participation from existing investors Greylock...

Quantopian Raises $15M

Quantopian, an algorithmic trading platform that lets users create trade based on algorithms they have generated, has raised $15 million in a Series B round of investment. The funding was led...

Lary Ellison Steps Down, Hurd & Catz Appointed Joint CEOs Of Oracle

Lary Ellison is stepping down as CEO of Oracle. He will now be the company's CTO and executive chairman of the Oracle board. Filling in in his shoes, because he is...

The US Marine Corps Releases New Version Of SPEED Software

The U.S. Marine Corps has released a new version of the SPEED software developed by Northrop Grumman for electro-magnetic spectrum situational awareness and operations. Using the Systems Planning, Engineering and Evaluation Device...

DataStax Raises $106M

DataStax, a company that provides Apache Cassandra, an open source NoSQL database technology to companies, has raised $106 million in Series E financing. The investment was led by Kleiner Perkins Caufield and Byers,  and includes...

Matterport Raises $16M

Computer vision and 3D computational photography company Matterport has raised $16 million in a Series B round of financing. The investment was led by DCM Ventures, with AME Cloud Ventures joining as...

Trifacta Raises $25M

Data analysis platform Trifacta has closed a $25 million Series C financing round. The investment was led by new investor Ignition Partners and includes existing investors Greylock Partners and Accel Partners. As part of the investment, Frank Artale, Ignition Partners managing director also joins the Trifacta board. The company raised a $12 million Series B round in July last year.

IBM Snags Shared Services Canada Data Center Deal

IBM will be providing and managing enterprise data centre space as part of the Canadian government's data centre consolidation initiative for Shared Services Canada. The Government of Canada created Shared Services Canada...

Proofpoint Buys Nexgate

Security-as-a-service provider Proofpoint has entered into a definitive agreement to acquire Nexgate, a company that uses a cloud-based architecture for social media risk management. The transaction is valued at $35 million. As part of the acquisition, Nexgate’s team of security experts, software engineers and sales personnel will be joining Proofpoint’s team in its Sunnyvale headquarters.

EMC Opens Big Data R&D Center In Brazil

EMC inaugurated the permanent headquarters of its big data research & development center, in Brazil. The state-of-the-art building, located in the Rio Technology Park on Fund ã o Island in Rio...

Verizon To Be JetBlue’s Primary Technology Infrastructure Partner

Verizon Enterprise Solutions have inked an expansion of its relationship with JetBlue Airways. The company has signed a five-year agreement with JetBlue, as its primary technology infrastructure business partner. The new agreement expands Verizon's existing agreement with JetBlue signed in 2009.

IBM, Nvidia Partner On Research Applications On OpenPOWER Systems

IBM, in collaboration with Nvidia, and the Jülich Supercomputing Center, in Germany, has unveiled plans for a new competency center working on research applications on GPU-accelerated OpenPOWER compatible systems. The Power Acceleration and Design Center...

PeopleDoc Raises $17.5M

French startup PeopleDoc, a company working on cloud-based global HR governance solutions, has landed $17.5 million in Series B funding from Accel Partners. Previous PeopleDoc investors, including Alven Capital, an independent VC firm based in...

InsideSales Raises $100M

InsideSales.com, a cloud-based sales acceleration technology company, has raised $100 million in Series C financing. Polaris Partners led the round, with Kleiner Perkins Caufield & Byers. Acadia Woods, EPIC Ventures, salesforce.com and Zetta Venture Partners...