The small IaaS player, which already offers an array of infrastructure to small businesses through VARs, says the money will help it add to its roster in part via strategic acquisitions. Read more »
Elastifile, founded by former XtremIO and Red Hat execs, has $8 million in new Series A funding from Battery Ventures and Lightspeed Venture Partners to attack software-based primary storage. Read more »
ARM server maker Calxeda has hit the skids after raising more than $100 million. The company said it will restructure but news reports have the firm shutting down. Read more »
Startup Redwood Systems, which makes networked LED management systems that run over ethernet cables, has been acquired for a modest sum, by broadband company CommScope. Read more »
Silicon Valley just got another seed fund from noted tech guyy: Ex-Google employee Hunter Walk and ex-Twitter Satya Patel. The two launched Homebrew with the goal of doing seed level investments. Read more »
Open hardware is getting exciting as big name venture funds team up to create an open hardware accelerator. Austin Ventures, Battery Ventures and a new fund are involved. Read more »