S@SThom.as
Datto, the company that acts as a backup and disaster recovery service for small to medium sized businesses (SMBs), announced today that it has raised $75 million in a Series B investment. The round was led by Technology Crossover Ventures (TCV) and brings the total investment across two rounds for the eight-year old company to just over $100 million. Ted Coons, a general partner at TCV said… Read More
A group of activists from the Coalition on Homelessness took over Airbnb headquarters in the SOMA neighborhood of San Francisco this afternoon to protest what they believe is a company at the root cause of evictions and homelessness in the city. Airbnb has added the lion’s share (more than $8 million) into defeating Proposition F, a proposal some believe is hiking up the rent in SF… Read More
ClearSky Data has come up with an interesting approach to solve the data storage cost and speed problem. Today it was rewarded with a $27 million Series B round to continue the mission. The company came out of stealth in August with a plan to offer customers a multi-tier, fully managed, hybrid data-management solution. In practice this involves an appliance that’s installed in your… Read More
Admit it: When you think of online research, it’s usually just a fancy way of saying you’re going to Google something — I’m guilty, anyway. Los Angeles-based Edtwist isn’t trying resist that, exactly, but it has created what founder and CEO Julie Lee said is a more collaborative and “learning-centric” environment, one in which students and other… Read More
Egnyte, a company that provides hybrid-cloud data management services, today released a new method for companies to track and manage content in their control. Egnyte’s CEO Vineet Jain also spoke to TechCrunch concerning Egnyte’s individual financial performance. Egnyte’s new tool, called ‘Smart Reporting & Auditing File Service,’ is a dashboard environment… Read More
In the brave new enterprise world, organizations will be awash in big data, and it’s against this backdrop that Dell bought EMC this week for the astonishing sum of $67 billion. All of this data needs to be stored somewhere and that’s where EMC comes in. Dell already has been selling storage of course. In fact, it bought EqualLogic in 2007 for $1.4 billion, which seemed like a… Read More
One of the most common complaints from iPhone owners today is that they’re running out of space on their phones, and either aren’t quite sure what to do about it, or don’t have time to spend backing up then deleting all the photos, videos, and messages that are weighing down their device. While Apple offers a solution for this with its iCloud service, which is now more… Read More
Rumors that Dell is going to buy Massachusetts-based storage giant EMC, first reported yesterday in the Wall Street Journal, have been flying fast and furiously. The deal could be valued as high as $27/share, or just shy of $52 billion, according to one report, sending EMC’s stock soaring today. If the rumors are true, it could be one of the biggest tech M&A deals in history… Read More