Press Room

CNN Money: Venture capital deals

January 23rd, 2012

January 23, 2012—- Joyent, a San Francisco-based provider of cloud computing software and services, has raised $85 million in new VC funding. Weather Investment II led the round, and was joined by Telefonica Digital and return backers El Dorado Ventures, Epic Ventures, Greycroft Partners, Intel Capital, and Liberty Global. The company previously raised over $27 million. Read more Read More ›

GigaOM: Cloud provider Joyent gets $85 million for global expansion

January 23rd, 2012

January 23, 2012—- Updated: Joyent has netted $85 million in new venture funding to fuel a global expansion of its cloud services. Most of the new money comes from Weather Investment II Group and Accelero Capital, but Telefonica Digital is also investing. Existing Joyent backers include Intel Capital, Epic Ventures, Liberty Global, Greycroft Partners and El Dorado Ventures. San Francisco-based Joyent fields public cloud services itself but also sells cloud technology to businesses wanting… Read More ›

Joyent Secures $85M in Venture Funding to Fuel Global Growth and Continued Innovation

January 23rd, 2012

Capital infusion supports Joyent’s provision of global cloud services to enterprises and service providers San Francisco—January 23, 2012—Joyent, a global provider of cloud computing software and services, today announced it has completed an $85 million funding round, with European group Weather Investment II providing the majority of the round. Weather II was advised by Accelero Capital, an investment and management group. Both Weather II and Accelero focus on telecommunication and… Read More ›

TechCrunch: Cloud Computing Software Company Joyent Raises $85 Million To Pursue Global Growth

January 23rd, 2012

January 23, 2012—- Cloud computing software and service provider Joyent has secured an $85 million round of new funding, the company is announcing today. The round was led by European group Weather Investment II. It also included Telefónica Digital, the growth arm of global telecom giant Telefónica, which participated as a strategic investor. Weather II is a strategic shareholder in telecommunications companies. Most notably, it holds a 20% stake in Vimpelcom, the world’s sixth… Read More ›

The Wall Street Journal: The Daily Start-Up: Home Depot Buys Red Beacon In Newest Project

January 23rd, 2012

January 23, 2012—- In its first acquisition since 2006, Home Depot has acquired home services specialist Red Beacon, which has a software platform that lets pre-screened home service professionals–plumbers, painters, house cleaners and so on–bid for jobs. Home Depot will use Red Beacon to connect its own customers, which include both consumers and professionals. The race to supply companies with the software they need to build an Amazon-style cloud service is heating up, with $85… Read More ›

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