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AllCloud raises $7M, acquires Figur8 and brings on a new CEO
Israel-based AllCloud, a professional services provider for Salesforce users and businesses who want a bit of help in managing their application on AWS and Google Cloud, today announced that it has acquired Figur8, another professional services company with a focus on Salesforce consulting, implementations and development services. While the two companies did not disclose the price of the acquisition, the deal was at least partly enabled by AllCloud’s new $7 million funding round led by the company’s existing investors and new investors Discount Capital and Hallett Capital. With this, AllCloud has now raised a total of $15 million. And to cap things off, AllCloud also today announced that that it is bringing on Eran Gil, the co-founder of Cloud Sherpas (which was acquired by Accenture in 2015), as its new CEO. (Fonte: TechCrunch)
Google joins the race to $1 trillion
Google was already worth more than $800 billion and, while well short of Apple, is now jumping into that batch of companies that are on their way to being a $1 trillion company.
Alphabet, Google’s parent company, substantially outperformed market expectations in its second quarter by bringing in $32.66 billion. That’s a 26 percent increase year-over-year, and, perhaps more significantly, it’s a faster rate of increase than it saw in the same quarter last year. The company’s second-quarter revenue in 2017 was a 21 percent jump from that in 2016. (Fonte: TechCrunch)
Xage secures $12 million Series A for IoT security solution on blockchain
Xage (pronounced Zage), a blockchain security startup based in Silicon Valley, announced a $12 million Series A investment today led by March Capital Partners. GE Ventures, City Light Capital and NexStar Partners also participated. The company emerged from stealth in December with a novel idea to secure the myriad of devices in the industrial internet of things on the blockchain. (Fonte: TechCrunch)