Articles about 15m

Dyson Heater

Battery bods Sakti3 hoover up $15m from power-hungry Dyson

Dyson has pumped $15m (£10m) into US solid-state battery start-up Sakti3 as part of its plans to invest £1.5bn into "future technologies". Last year Dyson said it wanted to branch into four new portfolios of technology over the next four years. James Dyson, founder and chief engineer, said: “Sakti3 has achieved leaps in …
Kat Hall, 16 Mar 2015
Stanford concept graphic indicating quantum electron interference holograms

UK.gov shovels £15m into training new quantum engineers

The government is flinging £15m at training "the next generation" of quantum engineers through investment in "skills hubs". Implicitly suggesting the existence of a current generation of quantum engineers, the Department of BIS hopes the investment will support the building of "innovative new products like 6G smartphones." As …
PlayStation Network

Sony tries to make PlayStation Network hack row go away with $15m in cash and games

Sony has offered a $15m settlement to gamers after its PlayStation Network (PSN) was comprehensively pwned, but it refuses to admit that it was at fault. In April 2011 the Japanese giant was forced to shut down PSN after hackers got into its system and pillaged user accounts for information. While credit card information was …
Iain Thomson, 24 Jul 2014

Feds charge three in brain-ache $15m Pentagon payroll pillage plot

Three men have been indicted in the US for trying to steal at least $15m by hacking into the Department of Defence's payroll service and customer accounts at 14 different financial institutions. The US Attorney's office in New Jersey has charged two men from Kiev in Ukraine, Oleksiy Sharapka and Leonid Yanovitsky, and a third …
Funnel of cash. Credit: via SXC – http://www.sxc.hu/profile/Leonardini

Kaminario swallows $15m – ONE MONTH after last cash gulp

Comment Not content with raising $53m in a E-round of funding at the end of November, flash array performance king Kaminario raised another $15m at the end of December. The startup’s K2 all-flash array business has now raised a total of $143m, getting close to Solidfire’s $150m but a long way behind Pure Storage’s $470m. King K got the …
Chris Mellor, 23 Jan 2015

Docker loads up $15m to push containerization into bit barns

Containerization expert Docker has slurped $15m in filthy valley lucre to help it push its tech further into data centers under the leadership of a new, experienced chief executive. The funding will give the company the money needed to grow its engineering team while also ploughing more money into sales and support, says new …
Jack Clark, 22 Jan 2014
grab_that_cash

Launchpads, catapults... what a load of - WAIT, there's £15m for grabs?

Comment Techies and investors with bright ideas for commercial video, imaging and games businesses can apply for a slice of £15m this month – if they can wade past the quango-ese jargon of "catapults" and "launchpads". It's all intended to commercialise good ideas. Created by Gordon Brown in 2007, the Technology Strategy Board (TSB) …
Andrew Orlowski, 23 Sep 2013

Microsoft's $15m won't last forever: Quantum, CommVault to flog new backup kit

Quantum is still chewing on its $15m royalty payout from Microsoft, but that was a one-off, and it needs to make plans if it doesn't wish to go hungry again. To that end, the storage firm is adding a dash of Simpana software to boost the growth of its Lattus object storage business. It has also introduced a new virtual …
Chris Mellor, 28 Aug 2013

UK biz Six Degrees puts up 'For Sale' sign outside corporate HQ

A sales process is under way at mid-market managed voice and data hosting biz Six Degrees, with a corporate financier appointed to sniff out interested buyers. Private equity backer Penta Capital is eyeing up the exit route four years after stumping up £60m to back the former management team at SpiriTel to execute a buy-and- …
Paul Kunert, 05 Feb 2015
Clog dancers. image via shutterstock http://www.shutterstock.com/pic-138156878/

Facebook privacy policy change leaves Dutch stomping feet

Facebook is under investigation by the Dutch Data Protection Authority (DPA) after it unveiled plans to overhaul its new privacy policy in November. The social network says the new policy was an attempt to “simplify” its privacy rules, but the College Bescherming Persoonsgegevens (the Dutch DPA) is concerned about the use of …
Jennifer Baker, 05 Jan 2015
The Register breaking news

Aussie nano tech project gets AU$15m in global VC funding

A Queensland-based nanotech start-up has secured AU$15m in funding from a group of international biotechnology investors. Venture capital firm One Venture is backing the creation of start-up vehicle Vaxxas, which will allow the University of Queensland’s Australian Institute for Bioengineering and Nanotechnology (AIBN) Professor …
Brueghel_Leapfrog

Hopeful hybrideer Reduxio grabs more cash for disk+flash

A late-coming hybrid flash/disk array startup, Reduxio, has acquired $15m in additional funding to build a better box. Three hybrid array companies are going gang-busters. Post-IPO Nimble Storage and pre-IPO Tegile and Tintri are all growing at triple-digit rates, as they tear into the mainstream array suppliers' customer bases …
Chris Mellor, 07 Oct 2014
globalisation

Recovery-ware startup Zerto uncloaks, scoops $15m

Secretive recovery software start-up Zerto has closed a $15m financing round just weeks after emerging from stealth mode. Zerto provides VMware hypervisor-based replication enabling disaster recovery for virtualised server applications. This is more flexible, Zerto says, than relegating replication to storage arrays, and is …
Chris Mellor, 16 Aug 2011
U.S.S. Macon over New York City - 1933

Google-gulped Stackdriver reborn as cloudy control freak

Google has regurgitated Stackdriver, eight months after swallowing the cloud monitoring service. Google Cloud Monitoring has been released to beta here, built on Stackdriver to deliver performance, capacity and uptime management. The service targets Google App Engine, Compute Engine, Cloud Pub/Sub and Cloud SQL. Performance …
Gavin Clarke, 15 Jan 2015
The Register breaking news

Feds seize $15m from scareware monger's Swiss account

Federal authorities have seized $15m from a fugitive accused of bilking millions of people in scareware and counterfeit antivirus software scams. Mugshot of Jain provided by ICE Mugshot of Shaileshkumar Jain Members of the Department of Homeland Security's Immigration and Customers Enforcement division confiscated the $14.8m …
Dan Goodin, 09 Jun 2011
Cassini image of Jupiter. Pic: NASA

NASA robot plans mid-2020s trip: Europa. Wet, radioactive life forms (hopefully). Bliss

NASA is plotting a mission to send its robotic lander to Europa, one of Jupiter's moons and the place deemed most likely to host life. The American space agency has reserved $15m of its $17.5bn annual budget to pay for a robotic journey to the icy moon. "Europa is a very challenging mission operating in a really high radiation …
Jasper Hamill, 05 Mar 2014
cloud

Terror in Cloudland? CTERA trousers $25m investment

Cloud storage gateway hopeful CTERA Networks has closed a $25 million funding round. The cash will go towards building out its world-wide go-to-market organisation. The round was led by Bessemer Venture Partners with participation from existing CTERA investors Benchmark Capital, Cisco, and Venrock. CTERA calls it a C-round but …
Chris Mellor, 03 Jul 2014
Dead Nation

Game over? Sony FINALLY offers compensation to MEELLIONS of PSN hack victims

Millions of PSN gamers, who were hit by a massive data breach on Sony's Playstation network back in 2011, are finally being offered the opportunity to claim compensation from the company. Stateside victims of the hack attack – PSN, Qriocity and Sony Online Entertainment subscribers who held an account before 15 May 2011 – have …
Kelly Fiveash, 25 Jan 2015
The Register breaking news

Cable thieves cost UK rail £15m a year

Copper thieves are costing Network Rail £15m a year and causing 6,000 hours of delays. In the last three years the thefts have cost £43m, and last year attacks went up 52 per cent to an average of six a day. In 2010/2011 there were almost 1,000 cable thefts at a cost of £16.5m. But British Transport Police, which now has a …
John Oates, 10 May 2011
Parliament in the clouds

UK.gov: Just one in three G Cloud suppliers have won ANY business

The majority of tech suppliers on G Cloud haven’t seen a penny of taxpayers cash – not a bean – according to official figures on government spending. The sixth iteration of G Cloud is now live on the Digital Marketplace, introduced at the start of this month with 1,453 companies touting for business, up 15 per cent on the …
Paul Kunert, 18 Feb 2015
The full Expedition 42 crew aboard the ISS

We come bearing caviar: ISS 'nauts arrive at station in SPAAACE

The latest members of the International Space Station's crew have arrived on board – and they come bearing gifts. The full Expedition 42 crew aboard the ISS The full Expedition 42 crew aboard the ISS. From left: Roscosmos cosmonauts Anton Shkaplerov and Yelena Serova, ESA astronaut Samantha Cristoforetti, NASA astronauts Butch …
channel_teaser_exit

Wanted: PC salesman to head up HP's UK channel ops

Headhunters may be scrambling for their phones on the back of the news that HP is on the look-out for someone with PC sales skills to conduct its UK channel orchestra. A note was distributed to some HP workers this week that Damian Cusick is leaving the enterprise, SMB and channel director role, stating that he is looking for a …
Paul Kunert, 13 Feb 2015

Home Depot hacker hosing cost a wallet-draining $43m (so far)

Hacked hardware mart Home Depot has forked out $43m to quash spot fires emanating from the data breach inferno this year, SEC filing documents show. The payout covered damages from the theft of 56 million payment cards and 53 million email addresses. It covered the cost of investigating this year's five-month-long breach, …
Darren Pauli, 27 Nov 2014

Emulex ends seven-quarter run of losses

+Comment After seven straight quarters of losses, Emulex has made a $4.3m profit in its second financial 2015 quarter – but that performance might not be repeated next quarter. The profit was better by far than the $4m loss a year ago and the $700k loss in the previous quarter. Revenues were $111.1m, above guidance but still 9.7 per cent …
Chris Mellor, 30 Jan 2015
spiders crawl through tunnel of binary numbers

Google must free us from 'invisible web of our personal data' – DPA

Dutch data protection watchdogs have warned Google it will face fines of up to €15m if it doesn’t alter its privacy policy. In 2012, the search giant “consolidated” the privacy policies for 60 of its services including Google Search, YouTube, Gmail, Picasa, Google Drive, Google Docs and Google Maps, thereby combining personal …
Jennifer Baker, 15 Dec 2014
Amy Pascal

Exit Interview: Sony Pics co-chair Amy Pascal flees 'Nork' hack studio

The co-chairman of hacker-ravaged Sony Pictures Entertainment (SPE) Amy Pascal has stepped down – and will form her own production company in association with the Hollywood studio. "I have spent almost my entire professional life at Sony Pictures and I am energized to be starting this new chapter based at the company I call home …
Iain Thomson, 05 Feb 2015

Cheap blow-up baby incubator bags James Dyson award

An inflatable incubator for use in poor countries has won this year's James Dyson Award, which celebrates university student inventions. James Roberts, a 23-year-old University of Loughborough graduate, won £30,000 to develop his prototype (called MOM) for mass production. The university will also receive £9,000. The invention …
Kat Hall, 06 Nov 2014

Tech titans lob $25m at 'social' business Change.org

Petition platform Change.org has raised $25m from a range of tech luminaries, including Bill Gates and Twitter co-founder Evan Williams. The website, which calls itself a “social enterprise” but is not a non-profit, said it had raised the funds to help mobile development of the site and help users to create more localised …
Crime in Russia

Sneaky Russian hackers slurped $15 MILLION from banks

Millions of dollars, credit cards and intellectual property have been stolen by a newly discovered group of cyber criminals. The Anunak hackers group has been involved in targeted attacks and espionage since 2013, we now know, and targets banks and payments systems in Russia and former CIS countries, according to joint research …
John Leyden, 22 Dec 2014
channel

Fujitsu wins £15m Welsh supercomputer bid

Fujitsu has won the bid to power Wales's high-performance computing (HPC) ambitions with a £15m, four-year project to build a supercomputer grid using Primergy Xeon servers and InfiniBand. The HPC Wales system is a hub-and-spoke design, with two connected hubs at Cardiff and Swansea/Pembroke Dock, connected by Mellanox-supplied …
Chris Mellor, 22 Mar 2011
management consumerisation

Behold our swollen sales digits, crow Microsoft enterprise partners

The financials for a bunch of Microsoft’s top table enterprise licensing channel partners are in, and though none of them are getting rich quickly, there’s seems room enough in straight reselling to make a living. York-based Software Box (SBL) toasted its 25 years of life by bringing home £128.1m in sales for the 12 months ended …
Paul Kunert, 19 Jan 2015

$23m to a WordPress biz? Why top-end hosting is big money

Analysis Website hosting may not be the first thing you consider when looking at tech industry growth, but venture capitalists North Bridge are betting different. This week, the investment biz sank $23m (£15.4m) in WP Engine, a hosting company in Austin, Texas, that specializes in the WordPress open-source online publishing software. …
Kieren McCarthy, 28 Mar 2015

Forget Norks, Russian hackers are in Sony Pictures' servers – claim

There's a new twist in the already tangled tale of the Sony Pictures mega-hack: it's now claimed Russians possibly broke into the company's computers. Miscreants in the Putin-led nation comprehensively compromised the Hollywood studio's servers, and were responsible for most of the damage against its systems, reckons Jeffrey …
John Leyden, 04 Feb 2015
management management4

EMC veteran Poole jumps into UK channel director's chair

Time is going to become a precious commodity for EMC’s latest channel boss, Russell Poole. Along with his new big cheese role, he also plans to hang onto his other day jobs of heading up the public sector and service provider teams. The company veteran is to replace Terry Beale - who has taken on a Euro role running the XtremeIO …
Paul Kunert, 05 Aug 2014

BBC gives naked computers to kids (hmm, code for something?)

Comment The Beeb is trying to recapture the past glories of the BBC Micro with the “Micro Bit”, a single board computer it’s giving to every single 12-year-old in the UK, with the hope of inspiring them to learn programming or (perhaps more politically correct) coding. This still-in-development device, part of the wider Make it Digital …
Dominic Connor, 16 Mar 2015
The Register breaking news

Feds crack phone clone scam that cost Sprint $15m

Federal prosecutors have uncovered a scam that used tens of thousands of cloned cellphones to defraud Sprint out of $15m in lost long distance revenue. The operation dates back to at least the latter half of 2009, when cellular customers began complaining that they were billed for international calls they didn't make, according …
Dan Goodin, 01 Sep 2010

Sales down at UK's oldest tech distie: Northamber losses widen in fiscal '14

The prognosis for Northamber’s future is brighter, according to its colourful chairman, despite widening losses and revenues remaining in free fall for fiscal ’14 ended June. The AIM-listed tech distie - the oldest in Blighty - reported prelim sales of £62.8m, down a whopping 19 per cent year-on-year, and a loss from operations …
Paul Kunert, 30 Oct 2014
The Register breaking news

Phorm gets £15m lifeline

Phorm has today raised a £15m war chest by selling almost a fifth of itself to institutional investors at less than a quarter of its price last year. It'll use the cash to cover its operating costs while ISPs continue to mull its web monitoring and profiling system. The firm sold 3.3 million shares at £4.50 each. It has been …
Minority Report. Source: Twentieth Century Fox Home Entertainment

MPs to gaze upon biometric data industry's ID-gobbling tech

The growing use and slurping of biometric data is to be probed by MPs sitting on the UK's science and technology committee this autumn. An inquiry has been opened following the failure of the Home Office's Iris Recognition Immigration System, which was axed by the Tory-led coalition government in 2012. Politicos on the panel …
Kelly Fiveash, 12 Aug 2014

CloudControl to major chum: We'll gobble Docker's dotCloud

Docker has sold off its dotCloud platform-as-a-service (PaaS) offering so that it can concentrate on its much-buzzed-about eponymous Linux application container technology. According to an announcement at the end of last week, the dotCloud PaaS will keep its name, but it will now be operated by German PaaS outfit cloudControl, …
Neil McAllister, 04 Aug 2014
Photo of a stack of $100 bills

Google has spaffed more cash on lobbying this year than Big Cable

Google has single-handedly outspent Big Cable in terms of lobbying dollars so far in 2014. The ad giant spent $9.3m compared to the $8.15m spent by the NCTA, the National Cable & Telecommunications Association, according to the Open Secrets website, which keeps count. The NCTA represents Time Warner and Comcast and is run by …
Andrew Orlowski, 01 Sep 2014

EMC channel boss: Make a bet – us or the rivals

The shiny new and to some controversial revenue threshold laden partner programme on the way from EMC was designed to cut out the dead wood, the EMEA channel veep claims. The Business Partner Programme launches in January and resellers have until the start of November to sell a requisite amount of gear to get accredited: $65m …
Paul Kunert, 01 Aug 2014
management strategy2

Bytes Tech Group in 'early' talks with acquisition target

Bytes Technology Group (BTG) is courting management at a software services target as the ink still dries on yesterday's contract to offload its Xerox concessionaire. The Surrey-based business that has South African owners, sold the Bytes Document Solutions to fellow Xerox player Xeretec for an undisclosed sum as it was not …
Paul Kunert, 02 May 2014
channel

IBM bags £15m borders deal

The Home Office has awarded a support deal to extend the use of its Semaphore border system, following the cancellation of the e-Borders contract. The government awarded the support deal to IBM without a competition, as it said that as the current supplier it is the "only possible provider" capable of keeping Semaphore in action …
Kable, 29 Oct 2010
A boat full of Fail

Stock and awe: Top City biz takes £32m hit after software upgrade axed

A leading City firm has halted the roll-out of software that was supposed to streamline its business but became more trouble than it was worth. Specifically, £32m of trouble. Brewin Dolphin, in Smithfield St, London, alleged to investors it encountered “issues” with the "robustness" of a specialist financial application. It …
Gavin Clarke, 19 May 2014
Windows XP boot screen

Win XP war, huh! What is it good for? Enormo IT reseller Insight

A currency tailwind in EMEA, PC munching customers fleeing from Windows XP support doom on both sides of the Atlantic, and far leaner restructuring charges lifted Insight Enterprises' Q1 2014 financials. The Fortune 500 tech reseller reported a year-on-year three per cent hike in sales to $1.2bn in the period from January to …
Paul Kunert, 02 May 2014

Sony sued by ex-staff over daft security, leaked privates

As if Sony Pictures didn't have enough on its plate, now former employees have launched a class-action lawsuit against the Hollywood giant over the parlous state of its security – and to recoup the damage hackers have allegedly caused them. It comes as people claiming to have hacked the movie studio's servers today made bizarre …
Iain Thomson, 16 Dec 2014
fingers pointing at man

Symantec sues counterfeit ring for $15m+

Symantec is seeking damages of more than $15m from a gang of counterfeiters, for selling fake copies of its software worldwide. It has filed civil suit in the US District Court in Los Angeles against seven individuals, two companies, ANYI and SILI Inc., and eight associated business fronts. It says this group targeted the US …
Drew Cullen, 13 Dec 2006
channel

Overland gets $15m tide-us-over cash

Overland Storage is raising $15.4m to tide it over before new product sales lift revenues. That's our take on the struggling data protection and storage appliance vendor's private placement of 8,722, 904 common stock shares plus warrants to buy up to 3,838,069 more. These warrants have an exercise price of $1.71 per share and …
Chris Mellor, 17 Mar 2011

US giant Avnet plots cost slash fest in EMEA enterprise tech arm

The EMEA wing of enterprise distie Avnet Technology Solutions is again in cost-cutting mode after a double-digit sales dive blighted a growth spurt across the pond as local PC system builders missed out on the XP refresh. Revenues for Q4 of fiscal’14 ended 28 June were $2.73bn, up 0.3 per cent on an organic basis, or 4.2 per …
Paul Kunert, 07 Aug 2014