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Microsoft buys data centre startup Fungible

Microsoft (NASDAQ: MSFT) said it has reached an agreement to acquire Fungible Inc., a startup provider of composable infrastructure aimed at accelerating networking and storage performance in data centres with high-efficiency, low-power data processing units (DPUs). Financial details of the tran...

January 10

The Tech Capital’s founder and editor João Marques Lima wins accolade at the 2022 iMasons Awards

London, UK, Oct. 20, 2022 – The Tech Capital, a digital media, reports, and events platform providing valuable content and data covering investment and players in the global digital infrastructure sector, is delighted to announce that founder and editor João Marques Lima has won an IM100 Award from Infrastructure Masons (iMasons), a non-profit professional association. T...

October 20

Wasabi Technologies is now a tech unicorn

Cloud storage company Wasabi Technologies has achieved unicorn status following US$250 million in new funding. The firm raised US$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...

September 27

Venture capital investors commit into Cloudflare’s US$1.25bn startup fund

Internet company Cloudflare, Inc. (NYSE: NET) has announced a new funding program for startups in partnership with venture capital investors. The Workers Launchpad Funding Program will provide up to US$1.25 billion of financing to startups building applications on Cloudflare Workers, a serverless computing platform that allows developers to build or augment apps without con...

September 27

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