Mesosphere, a new startup developing open source software that lets organizations manage their datacenters and cloud resources like a single machine, has raised $10.5 million in series A funding. The company has potential to become a major IT infrastructure provider on the strength of its “data center as a single machine” approach.
HR automation startup Zenefits raises $66 Million at valuation of about $500 million. High valuations of HR technology companies are driven by fast growth in talent management sectors (recruiting, training, performance management/BI, and … [Continue reading]
The Blackstone Group and GIC had agreed to pay $750 million for about a 44% equity stake in the HR software giant Kronos ($4.5b enterprise value, including debt). Human resources technology is in strong demand driven by switch to cloud computing … [Continue reading]
Docker, the company behind an open platform that enables developers to build, ship, and run distributed applications, raises $15 Million in series B round. Docker facilitates apps to be quickly assembled from components and eliminates barriers … [Continue reading]
FoundationDB, a developer of transactional NoSQL database software that resolves ACID, has raised $17 million in Series A funding. ACID (Atomicity, Consistency, Isolation, Durability), a set of properties that guarantee that database transactions are … [Continue reading]