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Five Minute Briefing - Information Management
May 10, 2013

Five Minute Briefing - Information Management: May 10, 2013. A concise weekly report with key product news, market research and insight for data management professionals and IT executives.

News Flashes

PerspecSys Inc., a provider of cloud data protection solutions for the enterprise, announced it has raised $12 million in funding co-led by new investors Paladin Capital Group and Ascent Venture Partners, and joined by return backer Intel Capital and other existing institutional investors. The new round of financing, combined with Series A funding, brings the total investment in PerspecSys to over $20 million. With offices in the U.S., U.K. and Canada, PerspecSys aims to remove what it says are primary barriers to cloud adoption at the enterprise level - security and control.

Dimension Data has acquired Earthwave Corporation Pty Limited, a privately-owned Australian managed security services provider. Dimension Data says the acquisition extends and strengthens its managed security services, and supports its growth in the areas of cloud services, IT outsourcing and enterprise mobility.