Wednesday, November 22, 2017
FUNDED: 5 Great ‘Cloud’ Stories

FUNDED: 5 Great ‘Cloud’ Stories

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Direct from Talkin’ Cloud, here are 5 notable funding stories offering invaluable information in the ‘Cloud’ sector.

This week’s column features funding news from FXiaoKeGeekdom Fund, Scaled Inference, Qubole and Hive.im.  These stories have been gathered from Talkin’ Cloud’s article database and other media sources.

Chinese cloud-based service provider FXiaoKe raises $50M in Series C funding. The Chinese cloud-based service provider this week announced it has raised $50 in Series C financing to “maintain a fast pace of development and better face the market.” DCM led the funding round, with participation from existing investors IDG Capital and Northern Light Venture.

Geekdom Fund raises nearly $3 million for tech startups. According to a filing with the Securities and Exchange Commission (SEC), the venture capital fund has raised nearly $3 million in equity from 47 investors. According to a filing with the Securities and Exchange Commission (SEC), the venture capital fund has raised nearly $3 million in equity from 47 investors.

Scaled Inference Raises $13.6M to Bring Machine Learning to the Masses. The artificial intelligence and machine learning company has raised $13.6 million at a valuation of about $60 million. Scaled Inference said it was leverage the financing to build software that offers machine learning as a cloud service.

Social Cloud Storage Platform Hive.im Raises $500,000 In Seed Funding. The cloud storage provider, which aims to differentiate itself by bringing users a social experience, has raised $500,000 in seed funding. Bigcolors, German IT infrastructure company Link11 GmbH and private angel investors led the financing round. The additional funds will be used to build Hive.im’s team in San Francisco.

Courtesy TalkinCloud.  Thank you, TiA.

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