<a href="http://www.datatorrent.com">DataTorrent</a>, which claims its software can process billions of events per second in Hadoop clusters, has received $15 million in Series B funding.
Corporates looking to put venture capital into startups should take a long term approach to funding so the entrepreneur isn’t left high and dry according to Reinventure Group co-founder Simon Cant.
Investors made a crowd around the cloud this week, investing $175 million in companies focused on everything from storage to the WAN to the supply chain.
In among all the cloud, security and mobile tech startups attracting venture funding so far this year, new companies focused on hiring, education and career development are pulling in big bucks.
SingTel and others have invested nearly $796,000 in Ninja Blocks, an Internet of Things (IoT) startup based in Sydney.