Serverless security startup Protego raises $2M in seed funding
The form of cloud computing offers a model in which businesses pay for resources they use rather than a set amount of space. For developers, it offers a way to write code without getting too involved in the process of scaling applications or managing servers.
Cloud-based phone system Aircall has raised $29 million in Series B funding
Cloud-based phone system Aircall has raised $29 million in Series B funding, led by UK investor Draper Esprit, alongside Balderton Capital, NextWorld Capital, eFounders and Newfund, bringing total funding to $40.5 million.
LockState Secures $5.8M In Series A Funding
LockState, a Denver, CO-based provider of a cloud platform for smart locks, raised $5.8m in a Series A funding. The round was led by Iron Gate Capital with participation from Kozo Keikaku Engineering, Nelnet, and Service Provider Capital.
SignalFx Raises $45 Million in Series D Funding
SignalFx, the leader in streaming operational intelligence for data-driven DevOps, today announced $45 million in Series D funding led by General Catalyst with participation from existing investors Andreessen Horowitz and Charles River Ventures. This round brings total funding for SignalFx to $103.5 million since its founding in 2013.
Lumina Networks Raises $10M With Investments From Both Verizon and AT&T
Lumina Networks today said it closed its Series A with $10 million in funding. This includes $8 million in new funding led by Verizon Ventures. Other new investors include AT&T and Rahi Systems.
DC Blox Snares $37M in Funding for Southeast Data Center Expansion
Atlanta-based DC Blox scored $37 million in Series B funding that it will use to build three new data centers across the Southeast in support of multi-access edge computing (MEC) and cloud services. The firm has raised more than $53 million in total funding since its launch in mid-2016.
Protego Scores $2M in Seed Funds to Target Serverless Security
Protego emerged from stealth this week, scoring $2 million in seed funding as it targets security efforts in the serverless space. The Baltimore-based firm is focused on serverless, which is drawing increased interest due to how the model aligns with the agility mantra preached by DevOps. Serverless applications don’t rely on a fixed infrastructure; are designed to activate almost instantly; and can be programmed with a finite lifespan that cuts off all activity once a function is completed.
SafeBreach Raises New Funding to Expand Attack Simulation Platform
SafeBreach announced on May 8 that it raised $15 million in a Series B round of funding to help advance the company’s breach and attack simulation platform technologies.
Mesosphere Scores $125M in Funding to Target IoT, Geo Expansion
Mesosphere closed on a whopping $125 million Series D funding round that more than doubled what it raised in its four previous rounds combined. The new funds pushed the company’s total funding to nearly a quarter-billion dollars since it was founded in 2013.
Rook Cloud Storage Project Backer Upbound Raises $9M for Multi-Cloud
Upbound, the primary sponsor of the open-source Rook cloud storage orchestration project, announced that it raised $9 million in a Series A round of funding led by GV (formerly Google Ventures) on May 2.