Extreme Networks, Inc. announced that it has finished its procurement of Brocade Communications Systems, Inc.'s data center switching, routing, and analytics business. Brocade's portfolio provides Extreme with “an industry leading data center solution” used by enterprises and service providers, supports the company's growth strategy to
HashiCorp announced it has raised $40 million in Series C financing led by GGV Capital and Redpoint Ventures. Mayfield Fund and True Ventures also participated. HashiCorp provides a suite of industry-leading products for the operations professional that empowers organizations to provision, secure, connect, and run
Enterprise IT startup OpenIO announced the completion of $5 million in financing led by Elaia Partners, Partech Ventures, and Nord France Amorcage. OpenIO specializes in software-defined storage and scalability challenges with open-source technology to help businesses build hyper scalable storage infrastructures with integrated compute capabilities. It
According to a recent SEC filing, Blue Medora has raised $8 million in financing from an undisclosed investor. Blue Medora plans to be a market leader in developing monitoring and management platform extensions for APM and cloud systems management vendors, specifically VMware's vRealize Operations (vROps), New
Enterprise IT startup UpStack announced the completion of $1.8 million in seed financing. Burch Creative Capital and Montage Ventures participated in the round. UpStack is an online platform that helps IT professionals and consultants across the globe drive optimal IT deployments by finding and procuring
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
Splunk, an American multinational corporation that produces software for searching, monitoring, and analyzing machine-generated big data, announced that it has acquired SignalSense. The acquisition was funded with cash from Splunk’s balance sheet for an undisclosed amount. Founded in 2013, SignalSense offers cloud-based advanced data collection and
According to a recent SEC filing, Tilson Technology Management has raised $3.5 million in financing from an undisclosed investor. Based in Portland, Maine, the independent information technology (IT) project management company provides industry and government services in wireless site acquisition, construction, small cell, and direct-attached storage
According to an SEC filing, enterprise IT startup Vology Data Systems has raised $14.5 million in financing from an undisclosed investor. Vology, a leader in Managed IT Services, delivers end-to-end solutions to design, build, monitor and protect networks. It currently monitors, manages and maintains 260,000 devices
Splunk Inc. (NASDAQ:SPLK), a multinational corporation that produces software for searching, monitoring and analyzing machine-generated big data, today announced that it has acquired selected assets of Rocana, Inc., a privately held technology company that created analytics solutions for the IT market. Under the terms of