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      <title>Nerdio raises $500M as AI drives up cloudtech</title>
      <link>https://pitchbook.com/news/articles/nerdio-raises-500m-series-c-ai-cloudtech</link>
      <description>The cloud management startup raised a Series C led by General Atlantic.</description>
      <pubDate>Tue, 18 Mar 2025 15:00:00 GMT</pubDate>
      <guid>https://pitchbook.com/news/articles/nerdio-raises-500m-series-c-ai-cloudtech</guid>
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      <title>Nvidia-backed Lambda raises $480M as AI neocloud funding surges</title>
      <link>https://pitchbook.com/news/articles/nvidia-backed-lambda-raises-480m-as-ai-neocloud-funding-surges</link>
      <description>VC funding for neoclouds grew 270% in 2024 as companies like Lambda capitalize on the demand for AI computing power</description>
      <pubDate>Wed, 19 Feb 2025 23:35:39 GMT</pubDate>
      <guid>https://pitchbook.com/news/articles/nvidia-backed-lambda-raises-480m-as-ai-neocloud-funding-surges</guid>
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      <title>CoreWeave secures $650M secondary sale from Cisco, Fidelity as it eyes 2025 IPO</title>
      <link>https://pitchbook.com/news/articles/coreweave-secondary-sale-cisco-fidelity-ipo-nvidia-gpu</link>
      <description>The GPU cloud provider's secondary sale is the latest example of an IPO candidate generating liquidity for its shareholders and employees.</description>
      <pubDate>Wed, 13 Nov 2024 17:01:00 GMT</pubDate>
      <guid>https://pitchbook.com/news/articles/coreweave-secondary-sale-cisco-fidelity-ipo-nvidia-gpu</guid>
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      <title>Amazon lures generative AI startups to its cloud</title>
      <link>https://pitchbook.com/news/articles/aws-generative-ai-startups-accelerator</link>
      <description>Amazon Web Services is launching a generative AI accelerator for startups, taking on Microsoft and its Azure Cloud Services.</description>
      <pubDate>Tue, 04 Apr 2023 00:00:00 GMT</pubDate>
      <guid>https://pitchbook.com/news/articles/aws-generative-ai-startups-accelerator</guid>
    </item>
    <item>
      <title>PE investors offer patient capital to tech companies in take-privates</title>
      <link>https://pitchbook.com/news/articles/pe-take-privates-cloud-software-patient-capital-transition</link>
      <description>Some tech companies are going private in order to tackle business transitions amid a volatile market.</description>
      <pubDate>Mon, 10 Oct 2022 00:00:00 GMT</pubDate>
      <guid>https://pitchbook.com/news/articles/pe-take-privates-cloud-software-patient-capital-transition</guid>
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    <item>
      <title>Insight Partners values Swiss software specialist at $5B in latest takeover</title>
      <link>https://pitchbook.com/news/articles/insight-partners-values-swiss-software-specialist-at-5b-in-latest-takeover</link>
      <description>Insight Partners has acquired software company Veeam in an effort to build out its US presence. The deal values the Swiss startup at about $5 billion.</description>
      <pubDate>Thu, 09 Jan 2020 00:00:00 GMT</pubDate>
      <guid>https://pitchbook.com/news/articles/insight-partners-values-swiss-software-specialist-at-5b-in-latest-takeover</guid>
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    <item>
      <title>Upstart chipmaker Innovium, on brink of unicorn valuation, seeks funding</title>
      <link>https://pitchbook.com/news/articles/upstart-chip-maker-innovium-on-brink-of-unicorn-valuation-seeks-funding</link>
      <description>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.</description>
      <pubDate>Mon, 04 Nov 2019 00:00:00 GMT</pubDate>
      <guid>https://pitchbook.com/news/articles/upstart-chip-maker-innovium-on-brink-of-unicorn-valuation-seeks-funding</guid>
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      <title>A $2.6B takeover of Looker shows Google's head is in the cloud</title>
      <link>https://pitchbook.com/news/articles/a-26b-takeover-of-looker-shows-googles-head-is-in-the-cloud</link>
      <description>Google has agreed to purchase business intelligence analytics platform provider Looker for $2.6 billion, marking its biggest acquisition in five years.</description>
      <pubDate>Thu, 06 Jun 2019 00:00:00 GMT</pubDate>
      <guid>https://pitchbook.com/news/articles/a-26b-takeover-of-looker-shows-googles-head-is-in-the-cloud</guid>
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      <title>Big Blue dons Red Hat in $34B deal</title>
      <link>https://pitchbook.com/news/articles/big-blue-dons-red-hat-in-34b-deal</link>
      <description>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.</description>
      <pubDate>Mon, 29 Oct 2018 00:00:00 GMT</pubDate>
      <guid>https://pitchbook.com/news/articles/big-blue-dons-red-hat-in-34b-deal</guid>
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      <title>Six big things: This week's VC forecast? Lots of clouds</title>
      <link>https://pitchbook.com/news/articles/six-big-things-this-weeks-vc-forecast-lots-of-clouds</link>
      <description>The cloud funding craze continues, NEA logs a stratospheric return and the rest of the highlights from the past week in VC.</description>
      <pubDate>Thu, 30 Aug 2018 00:00:00 GMT</pubDate>
      <guid>https://pitchbook.com/news/articles/six-big-things-this-weeks-vc-forecast-lots-of-clouds</guid>
    </item>
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      <title>Why 3 cloud startup founders think it's worth competing against tech giants</title>
      <link>https://pitchbook.com/news/articles/will-microsoft-azure-and-amazon-web-services-crush-cloud-startups</link>
      <description>At the GeekWire Cloud Tech Summit on Wednesday, a trio of cloud startup founders sounded off on competition from heavyweights in the space.</description>
      <pubDate>Wed, 27 Jun 2018 00:00:00 GMT</pubDate>
      <guid>https://pitchbook.com/news/articles/will-microsoft-azure-and-amazon-web-services-crush-cloud-startups</guid>
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      <title>IBM's focus on AI, cloud boosts Dow past 23,000</title>
      <link>https://pitchbook.com/news/articles/ibms-focus-on-ai-cloud-boosts-dow-past-23000</link>
      <description>IBM surged to its best gain in eight years, boosting the broad market after reporting better-than-expected results driven by AI, cloud, and blockchain initiatives.</description>
      <pubDate>Wed, 18 Oct 2017 00:00:00 GMT</pubDate>
      <guid>https://pitchbook.com/news/articles/ibms-focus-on-ai-cloud-boosts-dow-past-23000</guid>
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      <title>Ahead of the curve: M&amp;A key to Adobe's cloud conversion</title>
      <link>https://pitchbook.com/news/articles/ahead-of-the-curve-ma-key-to-adobes-cloud-conversion</link>
      <description>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&amp;A has been key to its success.</description>
      <pubDate>Fri, 09 Jun 2017 00:00:00 GMT</pubDate>
      <guid>https://pitchbook.com/news/articles/ahead-of-the-curve-ma-key-to-adobes-cloud-conversion</guid>
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      <title>Cloudera comes down to earth, facing major IPO haircut</title>
      <link>https://pitchbook.com/news/articles/cloudera-brought-down-to-earth-facing-major-ipo-haircut</link>
      <description>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.</description>
      <pubDate>Mon, 17 Apr 2017 00:00:00 GMT</pubDate>
      <guid>https://pitchbook.com/news/articles/cloudera-brought-down-to-earth-facing-major-ipo-haircut</guid>
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    <item>
      <title>Cloudera IPO: A look inside the filing</title>
      <link>https://pitchbook.com/news/articles/cloudera-ipo-a-look-inside-the-filing</link>
      <description>Big Data company Cloudera officially filed for its public offering last week, giving us a peek inside the startup’s business.</description>
      <pubDate>Mon, 03 Apr 2017 00:00:00 GMT</pubDate>
      <guid>https://pitchbook.com/news/articles/cloudera-ipo-a-look-inside-the-filing</guid>
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      <title>Rackspace in place for Apollo's $4.3B take-private deal</title>
      <link>https://pitchbook.com/news/articles/rackspace-in-place-for-apollos-43b-take-private-deal</link>
      <description>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.</description>
      <pubDate>Fri, 26 Aug 2016 00:00:00 GMT</pubDate>
      <guid>https://pitchbook.com/news/articles/rackspace-in-place-for-apollos-43b-take-private-deal</guid>
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      <title>There’s a Party in the Cloud… BYOD!</title>
      <link>https://pitchbook.com/news/articles/theres-a-party-in-the-cloud-byod</link>
      <description>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.</description>
      <pubDate>Wed, 11 Sep 2013 00:00:00 GMT</pubDate>
      <guid>https://pitchbook.com/news/articles/theres-a-party-in-the-cloud-byod</guid>
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