Startup
Spotinst, the startup that helps companies purchase and manage excess cloud infrastructure capacity, announced a hefty $35 million Series B today led by Highland Capital.
Existing investors Leaders Fund, Intel Capital and Vertex Ventures also participated. Todayround brings the total investment to over $52 million.
Cloud infrastructure
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Read more: Spotinst, excess cloud capacity management service, snares $35M Series B
Write comment (93 Comments)Planday, the workforce collaboration platform for shift workers, has raised €35 million in new funding. The Series C round is led by SEB Private Equity, with participation from previous backers, including Creandum and Idinvest.
The Danish startup plans to use the additional investment to further develop the cloud-based software and to expand
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Read more: Planday raises €35M Series C for its shift-based work collaboration platform
Write comment (92 Comments)VMware is hosting its VMworld customer conference in Las Vegas this week, and to get things going it announced that itacquiring Boston-based CloudHealth Technologies. They did not disclose the terms of the deal, but Reuters is reporting the price is $500 million.
CloudHealth provides VMware with a crucial multi-cloud management platform
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Read more: VMware acquires CloudHealth Technologies for multi-cloud management
Write comment (94 Comments)Reaching event organizers to help them sell tickets isn&t cheap. Eventbrite — the 12-year-old, San Francisco-based ticketing company that announced plans last week to go public and sell $200 million worth of shares on the NYSE — has been losing money since 2016, posting losses of $40.4 million in 2016, $38.5 million for 2017 and
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Read more: Eventbrite just made some pricing changes as it moves toward an IPO
Write comment (97 Comments)French cloud hosting company OVH just announced a new CEO. Michel Paulin is now heading the company. Founder Octave Klaba remains Chairman of the Board and plans to focus on the big picture.
Paulin recently worked at telecom company SFR. If you look further in the past, he also was a key member at Neuf Cegetel, another telecom company. He
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Caffeine-infused meal replacement products may be all the rage among techies, but a good ol& cup of joe is still the choice morning beverage for most of us. To capitalize on Americainsatiable coffee habit, Bellwether Coffee has raised a $10 million Series A and begun selling its zero-emissions commercial roaster and online coffee
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Read more: Bellwether Coffee raises $10M to bring more transparency to the coffee industry
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