6 Cloud Computing Funding Stories You Might Have Missed, Sept. 12

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 MetricStream, Lob, 365 Data Centers, Veracode, CartoDB and FieldAware.

These stories are 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 6 Cloud Computing Funding Stories You Might Have Missed, September 12.

MetricStream Raises $60M to Fund Product Development, Innovation. The Palo Alto, California-based risk management software solutions provider this week said it has secured $60 million in new financing to further accelerate company innovation. Sageview Capital led the Series D funding round, with participation from existing investors Goldman Sachs and Kaiser Permanente Ventures. Ned Gilhuly, co-founder and managing partner of Sageview Capital, will join MetricStream’s board of directors.

Lob Secures $7M in Series A Financing for Cloud Printing. The Series A financing round was led by Polaris Partners, First Round Capital and Floodgate, with participation from other individual investors. These additional funds follow a $2.4 million seed round in November 2013 and bring Lob’s total financing to date to $9.4 million. Pat Kinsel, a partner at Polaris Partners, will take a seat on the company’s board of directors.

365 Data Centers Secures $16M in New Financing, $55M Credit Facility. This week 365 Data Centers said it has raised $16 million in new funding and gained access to additional $55 million credit facility to support company growth. The colocation services provider said the additional funds will be used for ongoing operations, constructing its growth strategy, developing new data center products and growing its cloud and managed services offerings.

IPO-bound cloud-based security firm Veracode lands $40M, considers acquisitions. Veracode this week announced it has secured $40 million in funding ahead of its planned initial public offering. This brings the company’s total funding to date to $134 million. Wellington Management Company led this round of financing, with participation from existing investors, which in the past have included .406 Ventures, Atlas Venture, StarVest Partners and Meritech Capital Partners.

Open source geospatial platform CartoDB raises $8m for building a cloud-based market to disrupt the sale of geospatial products. The cloud-based geospatial platform company today announcing it has raised a $8 million Series A financing round. The company said it plans to use the funds to continue the growth of its user community and to become a geospatial standard on the web.

FieldAware Raises $24M. Headquartered in Plano, Texas-based, the cloud-based field service automation said it has raised a $24 million funding round. The company said the new funding will be used to accelerate the scale up of the business to meet customer demand, product development and to further drive FieldAware’s growth strategy.

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