Maria Deutscher
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Weekly Security Review: Adobe Hacked, Silk Road Sacked
It’s been an eventful week in the cybersecurity space, especially for Adobe and its customers. In one of the largest and most sophisticated cyber attacks in recent memory, hackers compromised the software maker’s corporate network and got away with the personal information of as many as 2.9 million customers. Adobe chief security officer Brad Arkin ...
IBM Lands Cloud Infrastructure Deal with Top European Hosting Provider
IBM announced on Thursday that it has beat out Dell for a lucrative infrastructure deal with Avalon, a leading hosting provider that manages more than 16,000 websites across Europe. Established in 1997, the Croatian firm offers monitoring, online collaboration, email and other services to organizations in a wide range of segments from healthcare to telecommunications. ...
MongoDB Raises $150M, Now the Most Funded Big Data Startup
Riding the Big Data tidal wave, MongoDB has raised $150 million in financing to accelerate its global expansion. The round was led by an unnamed financial services company and attracted industry heavy hitters such as Salesforce and Intel. Altimeter Capital, T. Rowe Price Associates and Sequoia Capital also participated, bringing the NoSQL vendor’s total funding ...
With Eyes Set on Mobile, Pivotal Picks Up Xtreme Labs
Pivotal, the open cloud venture that spun off EMC and VMware last year, has made its first acquisition this week in a milestone move to enter the mobile scene. The firm announced on Wednesday that it has signed an agreement to buy Xtreme Labs, a privately-held development studio based in Toronto, Canada. No financial details ...
NaviSite Revamps DaaS Offering
NaviSite, a provider of enterprise-grade cloud hosting and application management services, has enhanced its desktop-as-a-service offering to accommodate businesses that don’t have the budget for a dedicated environment. With the addition of remote desktop services and a remote application delivery tool, the platform allows customers to adopt multi-tenancy without compromising on performance or security. Admins ...
HP Doubles Down on Green Data Center with New Case Studies, Solutions
Hot on the heels of IBM and Dell, Hewlett Packard is developing new technologies to help organizations build more more energy efficient data centers. In one of its latest green initiatives, the company teamed up with Intel and the National Renewable Energy Laboratory to install a liquid-cooled supercomputer in the Department of Energy’s recently opened ...
SAP Launches $650 Million Startup Fund
The frontier of Big Data innovation, startups have become a key focus for business intelligence giant SAP. The company’s independent investment arm recently launched a $650 million direct investment fund, SAP Ventures Fund II, which will focus on late stage technology companies. Taken together with the SAP HANA Real Time Fund, a recently bolstered fund-of-funds ...
ScaleOut Unveils Real Time In-Memory Analytics Engine
ScaleOut Software has revamped its in-memory data grid platform to deliver a twentyfold increase in MapReduce performance while eliminating some of the costs associated with traditional Hadoop clusters. The newly launched hServer V2 is specifically geared toward ad hoc analysis of operational data. While not designed to compete with offerings from distributors such as Cloudera ...
Numerify Raises $8M for Cloud BI
Long on ambition but short on detail, Numerify has set out to propel traditional business intelligence into the cloud analytics era. Founded by BI veterans from Oracle, Microsoft, IBM, MicroStrategy and Hyperion, the stealth startup is developing a solution that integrates data from on- and off-premise information silos to help organizations “rapidly deliver the meaningful ...
Netskope Raises $21M Out of Stealth : Analytics to Tackle Shadow IT
Enterprise users are bypassing the IT department in favor of more accessible cloud services that offer convenient solutions to specific business problems. Known as shadow IT, this growing phenomenon is making it increasingly difficult for large organizations to effectively maintain security and compliance across their geographically dispersed environments. Fresh out of stealth mode with $21 ...