5 Cloud Computing Funding Stories You Might Have Missed, May 22

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 Switch Communications, Coho Data, Fuze, Samanage and DataHero.

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, May 22.

Announcing Our $35M Series C Funding. Switch has secured $35 million in Series C funding led by Amasia Capital. Felicis Ventures, SoftBank, Work-Bench, Google Ventures and Andreessen Horowitz also participated in the funding round. Switch said it will use the Series C funds to expand its cloud-based phone system.

Coho Data Raises $30 Million In Series C Funding Led By March Capital Partners. Coho Data has closed $30 million in Series C funding, bringing its total funding to nearly $67 million. March Capital Partners led the funding round, with additional participation from Hewlett Packard Ventures, Andreessen Horowitz, Intel Capital and Ignition Partners. Coho Data, which provides flash-tuned scale-out storage architecture for private clouds, said the Series C funds will allow it to extend its reach into new markets and enhance its product portfolio.

Fuze Acquires Team Collaboration Platform LiveMinutes; Raises $20M From Hermes Growth Partners. Cloud-based video conferencing services provider Fuze has raised $20 million in funding from Hermes Growth Partners. In addition, Fuze has acquired LiveMinutes, an online team workspace platform. Fuze said it plans to “expand its platform to include a persistent project workspace for distributed teams to stay connected, create and share content, meet together live and maintain context across the lifecycle of a project.”

Samanage Raises $16 Million In New Funding To Support Accelerated Growth. Samanage has secured $16 million in Series B funding. The funding round was led by Marker LLC and Vintage Investment Partners, with participation from existing shareholders Carmel Ventures, Gemini Israel Ventures and Silicon Valley Bank. Samanage, which provides a cloud-based IT service desk and asset management platform, pointed out that it will use the Series B funds to scale its engineering and customer service teams.

DataHero Raises $6.1M For Self-Service Cloud BI. Cloud-based business intelligence (BI) provider DataHero has added $6.1 million in Series A funding. Existing investor Foundry Group led the funding round. DataHero noted that the Series A funding will allow it bolster its core technology and scale its operations and support infrastructure.

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