SaaS earnings rise as pandemic pushes companies more rapidly to the cloud

June 04, 2020 at 05:42PM As the pandemic surged and companies moved from offices to working at home, they needed tools to ensure the continuity of their business operations. SaaS companies have always been focused on allowing work from anywhere there’s access to a computer and internet connection, and while the economy is reeling fromContinue reading “SaaS earnings rise as pandemic pushes companies more rapidly to the cloud”

NetApp to acquire Spot (formerly Spotinst) to gain cloud infrastructure management tools

June 03, 2020 at 09:58PM When Spotinst rebranded to Spot in March, it seemed big changes were afoot for the startup, which originally helped companies find and manage cheap infrastructure known as spot instances (hence its original name). We had no idea how big at the time. Today, NetApp announced plans to acquire the startup.Continue reading “NetApp to acquire Spot (formerly Spotinst) to gain cloud infrastructure management tools”

Wasabi announces $30M in debt financing as cloud storage business continues to grow

May 28, 2020 at 01:36PM We may be in the thick of a pandemic with all of the economic fallout that comes from that, but certain aspects of technology don’t change no matter the external factors. Storage is one of them. In fact, we are generating more digital stuff than ever, and Wasabi, a Boston-basedContinue reading “Wasabi announces $30M in debt financing as cloud storage business continues to grow”

Census raises $4.3M seed to put product info in cloud data warehouses to work

May 27, 2020 at 02:00PM Companies spend inordinate amounts of time and money building data warehouses and moving data from enterprise applications. But once they get the data in, how do they get specific information like product data back out and distribute it to business operations, who can use it to better understand customers? That’sContinue reading “Census raises $4.3M seed to put product info in cloud data warehouses to work”

Salesforce Commerce Cloud releases four quick-start pandemic business packs

May 21, 2020 at 01:05PM As we move deeper into the pandemic, it’s clear that the way we conduct business is changing, maybe forever. That means that business has to change too — and fast. But if you’ve never conducted business digitally or only nominally, how do you suddenly transform on the fly? Salesforce CommerceContinue reading “Salesforce Commerce Cloud releases four quick-start pandemic business packs”

Google Cloud earns defense contract win for Anthos multi-cloud management tool

May 20, 2020 at 05:19PM Google dropped out of the Pentagon’s JEDI cloud contract battle fairly early in the game, citing it was in conflict with its “AI principals.” However, today the company announced a new 7 figure contract with DoD’s Defense Innovation Unit (DIU), a big win for the cloud unit and CEO ThomasContinue reading “Google Cloud earns defense contract win for Anthos multi-cloud management tool”

BetterCloud scores $75M Series F as SaaS management needs grow

May 20, 2020 at 02:00PM BetterCloud gives IT visibility into its SaaS tools providing the means to discover, manage and secure those tools. In the middle of a crisis that has forced most companies to move workers home, being able to manage SaaS usage in this way is growing increasingly significant. Today the company announcedContinue reading “BetterCloud scores $75M Series F as SaaS management needs grow”

Microsoft launches industry-specific cloud solutions, starting with healthcare

May 19, 2020 at 04:00PM Microsoft today announced the launch of the Microsoft Cloud for Healthcare, an industry-specific cloud solution for healthcare providers. This is the first in what is likely going to be a set of cloud offerings that target specific verticals and extends a trend we’ve seen among large cloud providers (especially Google),Continue reading “Microsoft launches industry-specific cloud solutions, starting with healthcare”

Why we’re doubling down on cloud investments right now

May 14, 2020 at 03:05PM Mary D'Onofrio Contributor Share on Twitter Mary D’Onofrio is a software investor at Bessemer Venture Partners who joined to start the firm’s growth practice; she’s also an architect of ^EMCLOUD and authored the 10 Laws of Cloud and the State of the Cloud 2020. Hansae Catlett Contributor Share on TwitterContinue reading “Why we’re doubling down on cloud investments right now”

Google makes it easier to migrate VMware environments to its cloud

May 14, 2020 at 02:00PM Google Cloud today announced the next step in its partnership with VMware: the Google Cloud VMware Engine. This fully managed service provides businesses with a full VMware Cloud Foundation stack on Google Cloud to help businesses easily migrate their existing VMware-based environments to Google’s infrastructure. Cloud Foundation is VMware’s stackContinue reading “Google makes it easier to migrate VMware environments to its cloud”

Confluent introduces scale on demand for Apache Kafka cloud customers

May 06, 2020 at 07:00PM We find ourselves in a time when certain businesses are being asked to scale to levels they never imagined. Sometimes that increased usage comes in bursts, which means you don’t want to pay for permanent extra capacity you might not always need. Today, Confluent introduced a new scale on demandContinue reading “Confluent introduces scale on demand for Apache Kafka cloud customers”

Microsoft to open first data center in New Zealand as cloud usage grows

May 06, 2020 at 05:47PM In spite of being in the midst of a pandemic sowing economic uncertainty, one area that continues to thrive is cloud computing. Perhaps that explains why Microsoft, which saw Azure grow 59% in its most recent earnings report, announced plans to open a new data center in New Zealand onceContinue reading “Microsoft to open first data center in New Zealand as cloud usage grows”

Orca Security raises $20M Series A for its multi-cloud security platform

May 05, 2020 at 01:00PM Orca Security, an Israeli cloud security firm that focuses on giving enterprises better visibility into their multi-cloud deployments on AWS, Azure and GCP, today announced that it has raised a $20 million Series A round led by GGV Capital. YL Ventures and Silicon Valley CISO Investments also participated in thisContinue reading “Orca Security raises $20M Series A for its multi-cloud security platform”

Decrypted: Chegg’s third time unlucky, Okta’s new CSO Rapid7 beefs up cloud security

May 04, 2020 at 04:01PM Ransomware is getting sneakier and smarter. The latest example comes from ExecuPharm, a little-known but major outsourced pharmaceutical company that confirmed it was hit by a new type of ransomware last month. The incursion not only encrypted the company’s network and files, hackers also exfiltrated vast amounts of data fromContinue reading “Decrypted: Chegg’s third time unlucky, Okta’s new CSO Rapid7 beefs up cloud security”

In spite of pandemic (or maybe because of it), cloud infrastructure revenue soars

May 01, 2020 at 03:24PM It’s fair to say that even before the impact of COVID-19, companies had begun a steady march to the cloud. Maybe it wasn’t fast enough for AWS, as Andy Jassy made clear in his 2019 Re:invent keynote, but it was happening all the same and the steady revenue increases acrossContinue reading “In spite of pandemic (or maybe because of it), cloud infrastructure revenue soars”

Puppet names former Cloud Foundry Foundation executive director Abbey Kearns as CTO

April 29, 2020 at 02:00PM Puppet, the Portland-based infrastructure automation company, today announced that it has named former Cloud Foundry Foundation executive director Abby Kearns as its new CTO. She’s replacing Deepak Giridharagopal, who became CTO in 2016. Kearns stepped down from her role at the Cloud Foundry Foundation earlier this month after holding thatContinue reading “Puppet names former Cloud Foundry Foundation executive director Abbey Kearns as CTO”

Rapid7 is acquiring DivvyCloud for $145M to beef up cloud security

April 28, 2020 at 09:05PM Rapid7 announced today after the closing bell that it will be acquiring DivvyCloud, a cloud security and governance startup for $145 million in cash and stock. With Divvy, the company moves more deeply into the cloud, something that Lee Weiner, chief innovation officer says the company has been working towards,Continue reading “Rapid7 is acquiring DivvyCloud for $145M to beef up cloud security”

Our love of the cloud is making a green energy future impossible

April 25, 2020 at 05:30PM Mark Mills Contributor Share on Twitter Mark Mills is the author of the book, “Digital Cathedrals: The Information Infrastructure Era,” and is a senior fellow at the Manhattan Institute, a Faculty Fellow at Northwestern University’s McCormick School of Engineering, and a partner in Cottonwood Venture Partners, an energy-tech venture fund.Continue reading “Our love of the cloud is making a green energy future impossible”

Google Cloud’s fully-managed Anthos is now generally available for AWS

April 22, 2020 at 05:18PM A year ago, back in the days of in-person conferences, Google officially announced the launch of its Anthos multi-cloud application modernization platform at its Cloud Next conference. The promise of Anthos was always that it would allow enterprises to write their applications once, package them into containers and then manageContinue reading “Google Cloud’s fully-managed Anthos is now generally available for AWS”

Bridgecrew announces $14M Series A to automate cloud security

April 16, 2020 at 04:27PM In today’s grim economic climate, companies are looking for ways to automate wherever they can. Bridgecrew, an early-stage startup that makes automated cloud security tooling aimed at engineers, announced a $14 million Series A today. Battery Ventures led the round with participation from NFX, the company’s $4 million seed investor.Continue reading “Bridgecrew announces $14M Series A to automate cloud security”

Pileus helps businesses cut their cloud spend

April 15, 2020 at 07:05PM Israel-based Pileus, which is officially launching today, aims to help businesses keep their cloud spend under control. The company also today announced that it has raised a $1 million seed round from a private angel investor. Using machine learning, the company’s platform continuously learns about how a user typically usesContinue reading “Pileus helps businesses cut their cloud spend”

DoD Inspector General report finds everything was basically hunky-dory with JEDI cloud contract bid

April 15, 2020 at 05:01PM While controversy has dogged the $10 billion, decade-long JEDI contract since its earliest days, a report by the DoD’s Inspector General’s Office concluded today that, while there were some funky bits and potential conflicts, overall the contract procurement process was fair and legal and  the president did not unduly influenceContinue reading “DoD Inspector General report finds everything was basically hunky-dory with JEDI cloud contract bid”

Cloud Foundry Foundation executive director Abby Kearns steps down to pursue a new executive role elsewhere

April 07, 2020 at 02:00PM The Cloud Foundry Foundation (CFF), the home of the Cloud Foundry open-source developer platform, today announced that its executive director Abby Kearns is stepping down from her role to pursue an executive role elsewhere. If you’ve followed the development of the CFF for a while, it won’t come as aContinue reading “Cloud Foundry Foundation executive director Abby Kearns steps down to pursue a new executive role elsewhere”