Cloudant raises $12 million in Series B funding

Cloudant has announced $12 million in series B funding from Devonshire Investors, the private equity firm affiliated with Fidelity Investments; Rackspace Hosting, the open cloud leader; and Toba Capital. The company also announced that current investors — Avalon Ventures, In-Q-Tel, Samsung Venture Investment Corporation — purchased additional shares. The funding will be used to support Cloudant’s global expansion and grow the company’s support, service, and go-to-market...

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Cloud security turns off 92% of IT decision makers

The fear of security threats is preventing 92% of IT decision makers from adopting the cloud, according to an infographic released today by global web hosting company PEER 1 Hosting. The infographic, based on the results of a survey of 120 IT professionals, revealed a number of concerns when weighing up the cost of the cloud.

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The technology service company increases its global footprint to bring increased local resources...
FinOps leaders from Atlassian, Autodesk, Cloudability, Gannett, HERE Technologies, Just Eat,...
New Q4 data from Synergy Research Group shows that spend on cloud infrastructure services jumped...
UBS-AM’s Infrastructure Debt Platform (IDP) is the sole lender to Lefdal Mine DataCenter AS (LMD)...
New research from Rackspace Technology reveals three quarters of UK IT leaders have concerns around...
CyrusOne Inc. has appointed Stuart Gray as Engineering Director Europe to strengthen its Design &...
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The most secure data centre in Scandinavia?

Hidden deep in a mountain, Green Mountain’s data centre is cooled by the cold waters of a Norwegian fjord. Working with nature, Green Mountain is saving energy and protecting the environment — leading the way to cutting data centre energy use by a third.

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