SimpliVity raises $175m in Series D funding

SimpliVity has raised $175 million in series D funding at a valuation of more than $1 billion – a record achievement just 23 months after general availability of OmniCube, its flagship product. Waypoint Capital, the business enterprise for the Bertarelli family’s investments and headquartered in Geneva, Switzerland, led the round. Prior investors Accel Partners, Charles River Ventures, DFJ Growth, Kleiner Perkins Caufield & Byers (KPCB) and Meritech Capital Partners also...

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Intermedia research reveals worrying personal cloud storage habits in the workplace

Intermedia reveals that many IT departments still condone employees storing work-related data using personal cloud storage, leaving their organisation vulnerable to data theft. According to new research by Intermedia, a one-stop shop for cloud business applications, 68 per cent of employees favour using personal cloud storage at work and 52 per cent of those employees report to using multiple personal services - as many as six services in some cases.

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NAKIVO releases v5.5 with Instant Object Recovery for Microsoft Active Directory

NAKIVO Backup & Replication v5.5 provides the ability to instantly recover Microsoft Active Directory objects and containers directly from compressed and deduplicated VMware VM backups.

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