IBM snaps up Cleversafe for cloud storage smarts

IBM (NYSE: IBM) has agreed to acquire Cleversafe, a Chicago-based specialist in hybrid cloud storage, for an undisclosed amount. Cleversafe had raised around $100 million in VC funding from firms like New Enterprise Associates, OCA Ventures and Motorola Solutions Venture Capital.

KDDI Expands Relationship with Cleversafe, Selects Web-Scale Storage Leader to Support New KDDI Cloud Platform Service with Object Storage Offering for Enterprises

Cleversafe, Inc., the web-scale storage market share leader, today announced that KDDI Corporate has selected Cleversafe’s web-scale data storage platform for its new object storage service within the KDDI Cloud Platform Service (KCPS). The service provides enterprises with a highly scalable and reliable cloud storage solution designed to address explosive data demands generated by the rapid growth of unstructured data.

As today’s enterprises struggle to manage and store the data deluge created by user-, application- and machine-generated information, interest in scalable public and private cloud storage solutions has skyrocketed. Addressing this demand, KDDI’s object storage service for enterprises offers highly scalable data storage with enterprise-class reliability, availability and security at public cloud economics. The new offering within KCPS leverages Cleversafe’s web-scale software platform that delivers petabyte-and-beyond scalability, with 15 nines of reliability and 15 times greater efficiency than traditional approaches…

TradeKing is acquiring MB Trading

We’re excited to share the news that TradeKing has agreed to acquire MB Trading. This strategic move will help us deliver extraordinary value for investors of every kind – from those just starting out to the savviest, most active trader. domain check .

View my video about the acquisition.

Both our firms share similar priorities – especially outstanding customer service and driving more value for our clients’ trading dollar. We anticipate keeping both trading platforms in tact while we work together to offer a more complete spectrum of products and services. And we’re committed to keeping you informed every step of the way.

Both client bases will benefit from this move. TradeKing clients will gain access to MB Trading’s professional-grade trading platform, empowering you to trade stocks, options, bonds, Forex and – for the first time at TradeKing – futures, too. This full-featured platform will give our advanced traders even greater precision and control over the complete lifecycle of every trade.

mPulse Mobile Announces $1.7M of New Funding

mPulse Mobile, a mobile experience-management company focused on consumer health and wellness, recently closed on a $1.7 million investment round (pre-series A) lead by OCA Ventures. This funding will enable mPulse to continue its organic growth and expand the sales and client support teams to further support its leadership in delivering mobile population health and member engagement solutions to health and wellness companies. go ask alice . OCA Ventures led the round with participation by Jumpstart Ventures, Merrick Ventures and individual investors.

mPulse Mobile provides SaaS-based, HIPAA-compliant mobile messaging solutions that enable the secure delivery of health-related information. The mPulse contextual messaging platform improves message relevancy and ultimately engagement, driving significant ROI for the largest health plans and providers in the U.S. The mPulse solution has helped clients reduce readmissions and no show rates, and improve chronic care management, population health management, enrollment rates and medication adherence.

On-Demand Parking Service SpotHero Raises $20M In Series B

The task of locating a parking spot in a major city can be agonizing and at points seem downright impossible.

SpotHero is aiming to simplify the process and help drivers locate parking and reserve spots around the city through the company’s web and mobile apps.

SpotHero announced Wednesday that it had raised $20 million in Series B funding led by Insight Venture Partners. Also participating in the round were Battery Ventures, Bullpen Capital, Chicago Ventures, Draper Associates, OCA Ventures, Pritzker Group Venture Capital and 500 Startups.

The company had already raised more than $7 million since its founding in 2011.

I chatted with SpotHero CEO and co-founder Mark Lawrence, who said that the funding would be going towards accelerating marketing efforts, exploring strategic relationships and hiring 25 new employees as the company looks to expand more in the western United States. how to value domain name website uptime . domain check amazon cloud .

SpiderOak raises $3.5 million to store data with ‘zero knowledge’

Is encryption enough? Ask Ashley Madison users, and they might say it’s a bare-minimum security requirement.

But data breaches aren’t the only reason individuals should care about online privacy, said Mike McCamon, president and chief marketing officer of Northbrook-based data security firm SpiderOak. He said users shouldn’t be OK with companies profiting off their identities — as in the case of Google and Facebook — either.

SpiderOak, which encrypts data on local devices, then backs them up in the cloud, announced it has raised a $3.5 million Series A funding round led by Chicago-based OCA Ventures, with participation from local investors BW Capital Partners, DRW Venture Partners and KGC Capital. The round brings the eight-year-old company’s total funding up to about $9 million. relevant domains .

Blue Sky Innovation Blue Sky Originals SpiderOak raises $3.5 million to store data with ‘zero knowledge’

Is encryption enough? Ask Ashley Madison users, and they might say it’s a bare-minimum security requirement.

But data breaches aren’t the only reason individuals should care about online privacy, said Mike McCamon, president and chief marketing officer of Northbrook-based data security firm SpiderOak. He said users shouldn’t be OK with companies profiting off their identities — as in the case of Google and Facebook — either.

SpiderOak, which encrypts data on local devices, then backs them up in the cloud, announced it has raised a $3.5 million Series A funding round led by Chicago-based OCA Ventures, with participation from local investors BW Capital Partners, DRW Venture Partners and KGC Capital. The round brings the eight-year-old company’s total funding up to about $9 million.

U of I’s gesture recognition platform Rithmio lands $3M in seed round funding

Who said tech innovation only happens at Stanford?

Rithmio, a gesture recognition platform founded at the University of Illinois at Urbana-Champaign in 2013, announced that it has secured a $3 million seed round.

The round was co-led by KGC Capital and Intel Capital. They were joined by MAS Capital Pvt Ltd., OCA Ventures, Hyde Park Ventures Partners, Hyde Park Angels, Foley Ventures, MKRC Ventures, Serra Ventures, and New Coast Ventures.

“The funds will help us expand our team with algorithm engineers, Android, iOS, embedded and web developers, and also a business development lead,” said Adam Tilton, CEO & co-founder, Rithmio. “We’ll strengthen our wearable tech partnerships, release our gesture recognition SDK and collaborate with developers to ship products built on Rithmio’s platform.” relevant domains

Whittl Picks Up A Chicago-Style $3.3M Series A

It turns out geography is still a thing.

Recently, Whittl, a Chicago-based company raised a $3.3 million Series A round of capital. The new monetary event follows a $1.3 million seed round that took place around two years ago.

If you can’t see the irony, you haven’t lived outside of the Valley in some time. Given the generic chop of both Clinkle and Secret, it’s hard to keep in mind that not every company is desperate to raise ahead of its product, execution and plans. Whittl, as its co-founder Mike Zivin told TechCrunch on a phone call, has focused on its unit economics, and, to repeat myself, proving its model. Mali . So the cost to build the firm so far is less than you might have anticipated.

Whittl connects consumers to local businesses. Its mobile app wants to help you find services like haircuts, and so forth. According to Zivin, the company was initially focused on providing price lists for a variety of local services, but its customers wanted the firm to complete the wheel and allow them to book appointments from the app. The company subsequently built out the functionality.

Ascend is 2015 CFSI/JP Morgan Chase Financial Solutions Lab Winner

Financial insecurity is a global, but solvable problem that requires more than just improving financial knowledge. It requires pairing relevant, actionable information with a product that helps people put their knowledge into action. That’s why we launched the Financial Solutions Lab, a $30 million, five-year initiative managed by the Center for Financial Services Innovation (CFSI) to identify, test, and expand the availability of promising innovations that can help Americans increase savings, improve credit and build assets.

The Lab’s $3 million competition for technology innovators was launched in 2015—the first competition to help design the next generation of consumer products. From hundreds of applicants, the nine winners were chosen by a panel of judges—including national thought leaders in behavioral economics, technology, financial services and design—and announced on June 11, 2015 in Austin, TX, at the EMERGE Forum, the nation’s premier conference on consumer financial health…