Following their initial announcement in June, Hero K12 and BV Investment Partners announced SchoolMint will be joining their EdTech platform. A leading provider of cloud-based student enrollment and school choice systems for PreK-12 district, charter, and independent schools, SchoolMint is an example of Hero K12
Sonus Networks, Inc., a global leader in secure and intelligent cloud communications, disclosed the completion of the Sonus and GENBAND mergers -- following which each became a wholly-owned subsidiary of a parent company formed for purposes of the transaction -- and that it has begun
Private equity firm Vista Equity Partners had purchased storage startup Datto. Financial terms of the deal were not disclosed. Founded in 2007, Datto’s Total Data Protection solutions protect business data and offer secure connectivity by providing uninterrupted access to business data on site, in transit,
Edtech startup Linux Academy and Cloud Assessments announced the close of $6.8 million in Series A financing led by Arthur Ventures. Linux Academy’s cloud-computing education platform tests students in live server environments. Through self-paced courses, hands-on labs, six cloud servers, personal access to expert instructors, and
CrowdStrike closed $25 million in Series D financing from an undisclosed investor. CrowdStrike is a cyber security technology firm whose next-generation endpoint protection is delivered as a single integrated, cloud-based solution. Its Falcon platform stops breaches by detecting all attack types, including malware-free intrusions, and provides
Security startup Duo Security announced it has secured $70 million in Series D financing led by Meritech Capital Partners and Lead Edge Capital. Redpoint Ventures, True Ventures, Geodesic Capital, Index Ventures, and Workday also participated in the offering. A cloud-based access security provider that provides
Enterprise information technology startup Backplane announced the completion of $5 million in seed financing led by Baseline Ventures. Harrison Metal Capital also participated in the round. With features like label-based service discovery and cloud agnostic routing and shaping, Backplane allows teams to have granular control
Zype announced the close of $4.9 million in Series A financing led by Runa Capital. Revel Partners, Point Nine Capital, Alpine Meridian and Entrepreneurs Fund also participated in the funding. Zype is a cloud video distribution service that makes it easy for over-the-top content (OTT)
Communications startup AlertMedia completed $8 million in Series B financing led by Next Coast Ventures, with participation from ATX Seed Ventures and Silverton Partners. AlertMedia helps some of the world’s largest organizations securely monitor threats, streamline notifications, and improve employee safety. The company’s fully integrated, cloud-based
Enterprise IT startup CloudZero announced the close of $5 million in Series A financing led by Matrix Partners and Underscore VC. CloudZero is a SaaS site reliability management platform provider that enables engineers to make cloud systems more resilient, available, and secure. CloudZero's SaaS platform continuously