Cloud

The cloud management startup raised a Series C led by General Atlantic.

VC funding for neoclouds grew 270% in 2024 as companies like Lambda capitalize on the demand for AI computing power

The GPU cloud provider’s secondary sale is the latest example of an IPO candidate generating liquidity for its shareholders and employees.

Amazon Web Services is launching a generative AI accelerator for startups, taking on Microsoft and its Azure Cloud Services.

Some tech companies are going private in order to tackle business transitions amid a volatile market.

Insight Partners has acquired software company Veeam in an effort to build out its US presence. We spoke with Insight managing director Mike Triplett about the deal.

Faced with high costs, semiconductor chip startups have long struggled to raise venture capital. But Innovium is leading the next generation, seeking to raise up to $50 million in Series E funding.

Google has agreed to purchase business intelligence analytics platform provider Looker for $2.6 billion, marking its biggest acquisition in five years.

IBM’s deal for Red Hat represents a roughly 10x multiple on the company’s predicted revenue for next year. With that hefty figure, Big Blue’s following the SaaS-quisition crowd.

The cloud funding craze continues, NEA logs a stratospheric return and the rest of the highlights from the past week in VC.

At the GeekWire Cloud Tech Summit on Wednesday, a trio of cloud startup founders sounded off on competition from heavyweights in the space.

IBM surged to its best gain in eight years after reporting better-than-expected results driven by AI, cloud, and blockchain initiatives.

About five years ago, Adobe started to ask its customers to convert to a cloud-based subscription model to purchase and update products from its prized Creative Suite. M&A has been key to its success.

Cloudera has set terms for its IPO, estimating an initial market cap that would value the Big Data company at less than half of its most recent private valuation.

Big Data company Cloudera officially filed for its public offering last week, giving us a look inside the startups business.

Apollo Global Management is taking Rackspace (NYSE: RAX) private for a reported $4.3 billion. The deal represents the last best chance that Rackspace has to innovate and compete in cloud-computing.

There’s a movement going on and it’s shaking up the venture capital scene. It’s called the BYOD (bring your own device) movement.