Category: Cloud Networks

Fintech startup Blend raises $130M on possible unicorn valuation

Fintech startup Blend raises $130M on possible unicorn valuation

Fintech startup Blend raises $130M on possible unicorn valuation 1
Blend Labs Inc., a San Francisco-based financial technology lending platform provider, today said it has raised $130 million in a new late-stage round of funding to hire more people, invest in new technologies and broaden its suite of consumer lending products. The Series E round was led by Temasek and General Atlantic. Previous investors 8VC, Founders Fund, […]

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Dell’s storage acquisition eight years ago paved way for Winslow Technology Group’s success

Dell’s storage acquisition eight years ago paved way for Winslow Technology Group’s success

Dell’s storage acquisition eight years ago paved way for Winslow Technology Group’s success 2
It may seem like a long time ago, but there actually was a time when Dell Technologies Inc., years before it become Dell EMC, was struggling to gain a foothold in the storage business. For years, Dell would get outflanked by other players at the time, including Hewlett-Packard Co. and EMC itself. In 2011, it […]

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Money for network or child’s wish? How one nonprofit CIO balances business and emotion

Money for network or child’s wish? How one nonprofit CIO balances business and emotion

Money for network or child’s wish? How one nonprofit CIO balances business and emotion 3
It’s time to implement the latest and greatest network computing upgrade. On the surface, it’s the kind of business decision most information-technology managers make without thinking twice. But instead of spending that money to improve IT operations, what if the same amount could be used to let a 13-year-old girl with a heart condition be […]

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Platform9 extends its fully managed services to the wider Kubernetes ecosystem

Platform9 extends its fully managed services to the wider Kubernetes ecosystem

Platform9 extends its fully managed services to the wider Kubernetes ecosystem 4
Private cloud services company Platform9 Systems Inc. is extending its fully managed Kubernetes service with a new offering called Kubernetes Managed Apps. Platform9 is a company that specializes in offering “managed” versions of some of the most popular open-source software used by enterprises today, offering what it calls “open-source-as-a-service.” It said it now wants to provide a […]

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Cloud providers, app developers power new era of ‘multiplied innovation’

Cloud providers, app developers power new era of ‘multiplied innovation’

Cloud providers, app developers power new era of ‘multiplied innovation’ 6
We have crossed over from the age of “experimentation” to a time of “multiplied innovation,” where key technologies such as artificial intelligence, blockchain and internet of things will scale rapidly inside the enterprise world. This is the central thesis offered by Frank Gens (pictured), senior vice president and chief analyst of IDC Research Inc. Gens presented […]

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Actifio’s latest recovery tools sharpen its focus on public cloud

Actifio’s latest recovery tools sharpen its focus on public cloud

Actifio’s latest recovery tools sharpen its focus on public cloud 7
Earlier this week, Actifio Inc. released its Multi-Cloud Mobility and Automation solution with a focus on disaster-recovery tailored for public cloud platforms, such as Amazon Web Services Inc. and Microsoft Azure. The latest release highlighted the copy data management software company’s move to strengthen its position within the enterprise cloud ecosystem. It also led some analysts […]

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Slack stock soars 60% in direct NYSE listing, now valued at $21B

Slack stock soars 60% in direct NYSE listing, now valued at $21B

Slack stock soars 60% in direct NYSE listing, now valued at $21B 10
Slack Technologies Inc. today made its long-anticipated debut on the New York Stock Exchange at $38.50 a share, tripling its valuation to a stunning $21 billion.  The stock kept rising in early trading and quickly passed the $40 mark. Slack, trading under the ticker symbol “WORK,” is now hovering around $41.70 a share, which is […]

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