$250m Wasabi Technologies funding will ‘usher in the future of cloud storage’

Wasabi Technologies, a cloud storage company, has achieved unicorn status following $250 million in new funding. Wasabi raised $125 million in Series D equity led by L2 Point Management with participation from Cedar Pine; an affiliate of Cerberus Capital Management; and returning investors including Fidelity Management & Research Company and Forestay Capital, bringing the company’s… … Read more

BCN Group strengthens Microsoft Cloud Services presence with Evo-Soft acquisition

BCN Group, a Manchester-based IT cloud and managed services specialist, has acquired Evo-Soft, a Microsoft Dynamics 365 Business Central specialist. The acquisition follows the recent investment by ECI Partners, the leading growth-focused mid-market private equity firm and will bring the combined annual business revenue to more than £50m. BCN is a digital transformation solutions and… … Read more

Alibaba Cloud unveils strategic roadmap for international business

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has announced its latest international strategic roadmap at the 2022 Alibaba Cloud Summit. During the three-day summit, the trusted cloud provider has revealed new products to support technology innovation among enterprises, an investment of $1 billion for a global partner ecosystem upgrade, and enhanced… … Read more

55% of UK IT pros trust public cloud providers less than two years ago

More than half (55%) of UK IT professionals currently trust public cloud services less than they did two years ago, having run into challenges around usage costs, migration and customer service. This is according to a study by Leaseweb Global, a hosting and cloud services company, which explored 500 UK-based IT professionals’ experience with public… … Read more

Petr Svoboda, Stratox Cloud Native: Making life easier for developers

Petr Svoboda, CEO at Stratox Cloud Native, explains how CodeNow is making cloud-native development fast and enjoyable for everyone. Could you start by telling us a little bit more about CodeNOW? CodeNOW is a true startup. That means we are working hard to create a platform that simplifies cloud-native software development, especially when based on… … Read more

1Place ultra-fast database migration software wins place on G-Cloud 13

The UK Crown Commercial Services has included 1Place as a certified supplier on the Government’s G-Cloud 13 procurement framework, bringing powerful and affordable data migration and management services to public sector organisations. Part of the Government’s Digital Marketplace, the G-Cloud framework is designed to ensure the public sector has access to proven and cost-effective cloud… … Read more