This Week in The Cloud: CloudFlare raises $110M; RedHat Claims $2B in Cloud Revenue; Citrix Tries Desperately to Sell Itself, and more!

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Playing catch up? Here are these week’s top stories in the cloud:

CloudFlare Raises $110 Million from Baidu, Google Capital, Microsoft, and Qualcomm

Tuesday, September 22nd — Shortly after announcing a partnership with Baidu, CloudFlare, a company offering a content-delivery network (CDN) with security features to make sure websites stay online and load quickly around the world, announced a $110 million funding round with major strategic investors: Google Capital, Microsoft, Baidu, and Qualcomm.

Red Hat Claims 2 Billion in Cloud Revenue

Tuesday, September 22nd — Red Hat, the company behind a flavor of the Linux operating system popular with businesses, and the OpenShift PaaS cloud, should hit $2 billion in revenue this year, chief executive Jim Whitehurst told analysts on the company’s second quarter earnings call Monday.

Citrix in Last Ditch Bid to Sell Itself

Tuesday, September 22nd — Citrix Systems, the cloud computing company targeted by activist hedge fund Elliott Management, is making a final attempt to sell itself as a whole before it embarks on asset sales, according to people familiar with the matter.

80% of Google For Work Customers Avoid Google Drive

Tuesday September 22nd — Google launched its Google for Work suite of applications almost four years ago, and it now has 5 million monthly active users. However, fewer than one in five organizations that pay for Google for Work also use the Google Drive cloud storage option at least once a month, according to the company. Gmail use dominates the portfolio that also includes Hangouts, Docs and other Google apps.

Microsoft Puffs Up Chest, Declares Its Cloud “Biggest” in Geographic Availabiltiy

In the public cloud market, size matters, and Microsoft Azure is the host with the most. Well, the most cloud regions, that is. With 19 cloud regions worldwide, Microsoft’splatform-as-a-service-ish Azure cloud platform boasts the largest geographic cloud coverage in the world…according to Mike Schutz, one of Azure’s chief cloud marketers.

 

 

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Jeff Edwards

Editor at Solutions Review
Jeff Edwards is an enterprise technology writer and analyst covering Identity Management, SIEM, Endpoint Protection, and Cybersecurity writ large.He holds a Bachelor of Arts Degree in Journalism from the University of Massachusetts Amherst, and previously worked as a reporter covering Boston City Hall.
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