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Five Minute Briefing - Information Management
July 2, 2020

Five Minute Briefing - Information Management: July 2, 2020. A concise weekly report with key product news, market research and insight for data management professionals and IT executives.

News Flashes

Fauna, the data API for client-serverless applications, is receiving $27 million in new funding, enabling the company to grow its ecosystem and help developers build better software faster. The funding round was led by Madrona Venture Group, with participation from ADDITION and GV. S. Somasegar, Managing Director at Madrona, who will join the Fauna board of directors. Also joining this round are developer tools leader Tom Preston Werner, database pioneer Roger Bamford and existing institutional investors including CRV and Quest Ventures.

Fivetran, a provider of automated data integration software, has raised $100 million in Series C financing, enabling the company to accelerate global expansion, drive adoption in the enterprise market, and continue building out the depth and breadth of its data connectors.

OCP TECH, a provider of integral technological solutions, is forming a strategic partnership with Oracle, enabling OCP TECH to grow its operations in the United States. The alliance is part of the tech company's larger strategy to build the growing demand for its services, and to meet its clients' evolving needs in this new international scenario on the path to the digital transformation, already underway.

Push Technology, a leader in real-time data streaming and messaging solutions, is releasing a new Service API capability for Diffusion Cloud, Push's Real-Time API Management Cloud Platform. The new Service API provides a REST interface for publishing and requesting data, making Diffusion available to any programming language that can make an HTTP request—there's no longer a need to install an SDK and developers can immediately start publishing from a command line. 

VMware announced the company intends to acquire Datrium, expanding the current VMware Site Recovery disaster recovery as a service (DRaaS) offering with Datrium's cost-optimized DRaaS solution. In a blog post by John Gilmartin, senior vice president and general manager, cloud platform business unit, VMware, he explained that this move will help customers build hybrid clouds by combining the consistent infrastructure and operations of VMware Cloud with Datrium DRaaS to reduce the cost and complexity of business continuity.