By Talkin' Cloud
Each week Talkin' Cloud compiles a list of cloud computing financing stories for readers who might have missed the news earlier in the week. This week's column features funding news from Anaplan, Zerto, VeloCloud Networks, MiMedia, and Scalr.
These stories have been gathered from Talkin' Cloud's article database and other media sources. If we missed something, feel free to leave a comment below. We might just add it into the mix.
Here's this week's list of 5 Cloud Computing Funding Stories You Might Have Missed, Jan. 15.
Anaplan Raises $90 Million and Appoints James Budge as Chief Financial Officer. Enterprise planning cloud company Anaplan has secured $90 million in a funding round led by Baillie Gifford, Founders Circle Capital and Harmony Partners. Anaplan noted the funding will be used to "fulfill increasing global demand for its cloud-based business planning and modeling platform." In addition, Anaplan has named former Genesys executive James Budge as its chief financial officer.
Zerto Announces $50 Million Growth Financing Led by IVP, Achieves Fourth Consecutive Year of 100%+ Sales Growth. Zerto has added $50 million in a Series E funding round led by IVP, with participation from Access Industries and other investors. The disaster recovery software provider said the funding will be used to support its ongoing product development.
VeloCloud Raises $27M to Meet Growing Global Demand for SD-WAN. VeloCloud has closed $27 million in Series C financing led by March Capital Partners, with participation from New Enterprise Associates (NEA) and Venrock. The cloud-based software-defined wide area network (SD-WAN) provider noted the funding will enable it to expand its business operations and sales and marketing teams.
MiMedia Raises $15M To Accelerate Growth For Next Generation Consumer Cloud. MiMedia, which provides a personal cloud for digital content, has secured $15 million in a Series C funding round led by Thorney Investment Group, R&R Venture Partners and other investors. Chris Giordano, MiMedia's CEO, said the funding will help take his company "to the next level, expanding its reach and capabilities."
Scalr Raises $7.35 Million in Series A Funding From OpenView Venture Partners. Cloud management platform provider Scalr has raised $7.35 million in Series A financing. OpenView Venture Partners led the funding round. Scalr pointed out the financing will allow it to expand its U.S. sales team and bolster its product.