tray.io announces $2.2m series seed funding

tray.io, the company that makes connecting software services a breeze, has closed a $2.2 million Series Seed round of funding. The funding round was led by True Ventures, with participation from Redpoint Ventures and Angelpad. This fresh round of financing follows an initial $600,000 raised from Passion Capital, Ballpark Ventures, Firestartr, Andy Mcloughlin, Tom Hulme, ustwo founders Mills & Sinx, FIG and Richard Fearn. tray.io will use the new funds to launch and scale their...

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itSoft extends its Security-as-a-Service offering

Leading Croatian cloud managed service provider develops new revenue streams with Clavister’s flexible, advanced security solution.

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NEWS

UK businesses are reluctant to stick their heads in the Clouds

A global study of almost 2,100 contracts covering deals worth £7.8 billion suggests that Cloud-based services are failing to capture the popular imagination of UK businesses. It also suggests that organisations are increasing the level of IT services they outsource to improve service delivery, with many investing budgets saved over the past few years on HR, sales and finance support.

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NEWS

IoT to have massive impact, but few companies have a plan in place

More than 40 percent of organizations expect the Internet of Things (IoT) to transform their business or offer significant new revenue or cost-savings opportunities in the short term (over the next three years), rising to 60 percent in the long term (more than five years), according to a recent survey by Gartner, Inc. However, those surveyed said that many of their organizations have not established clear business or technical leadership for their IoT efforts.

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Dell launches Dell Cloud Marketplace public beta, giving developers and IT managers the ability to...
LeaseWeb has announced another international expansion of its plug-and-play private cloud hosting...
A pilot leveraging the personal data of top athletes as part of their coaching has yielded positive...
Yellowfin has launched a white paper introducing its “Embedded Analytics Maturity Model”,...
Cloud opens up opportunities for mobile working as its significance in today’s business...
Assured cloud provider creates student scheme to support UK growth through education and high-tech...
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Meet Hakon Gudbjartsson, PhD, WuXi NextCODE CIO, and Data Visionary. Learn how Dr. Gudbjartsson is helping organizations use data to improve the health and quality of life of people around the world.

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