alarm:clock: Enterprise Software Archives

Enterprise Software - Friday, May 2, 2008

Ruby's New Relic Raises $3.5M in First Round

Thumb Menlo Park's New Relic has raised $3.5M in 1st round venture financing from Benchmark Capitall. New Relic is in beta but sells a subscription-based Rails performance management solution that enables developers to detect, diagnose and fix application performance bugs. New Relic was founded by Lewis Cirne, who was a an Entrepreneur in Residence at Benchmark Capital. He got that role as he founded Wily Technology in 1998 and was its CEO for the first four years. View - site... Continue...

Enterprise Software - Tuesday, February 26, 2008

Novell Pays $205M For Virtualization's Platespin

Thumb Toronto-based PlateSpin, which makes workload management software for virtualized data centers, has been bought by Novell for 205M in cash. This is a crushing win for management and investors who had managed the deal after just $17M had been put in. Investors in PlateSpin included Insight Venture Partners, OpenView Venture Partners, CastleHill Ventures, Covington Capital and Skylon Capital. PlateSpin reported $20M in revenues last year. It is in the white hot virtualization space where it manages to play nice with other industry players from VMWare to Citrix and Microsoft. In January, PlateSpin began selling hardware preloaded with its software. PlateSpin Forge is a disaster recovery appliance that can protect the workloads of 25 servers by hosting duplicated workloads as virtual machines. In the event of a failure, the appliance takes over and substitutes for the troubled server. If you have some time to kill, check PlateSpin's commercial View - site... Continue...

Enterprise Software - Friday, February 15, 2008

Novell Buys Groupware's Sitescape

Thumb Novell has been stuck in a rut for too long. We can't recall the last time the Utah-based software company was involve in a deal. Today it announced that it was buying groupware's Sitescape. Founded in 1995 and based in Maynard, MA Sitescape was originally spun out of DEC. Sitescape started out making open-source Web workspace and then it bought a conferencing solution and now it is addressing social networking. Sitescape clients include the US Navy, US Centers for Disease Control, the European Space Agency, Lockheed Martin, Shell, and Starwood Hotels. Sitescape may have sold to Novell as it is facing strong competition from Microsoft Sharepoint as well as from smaller innovators like Jive Software, SuiteTwo and SpikeSource. View - site... Continue...

alarm:clock

Ruby's New Relic Raises $3.5M in First Round

Novell Pays $205M For Virtualization's Platespin

Novell Buys Groupware's Sitescape

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