Cloud Infrastructure Monthly:
July 2024

3 in Finance

7/17: Argo Infrastructure Partners takes majority stake in data center and cloud services firm, TierPoint (St. Louis, MO), after $1.6B securitization. (Link)

7/11: Armada (San Francisco, CA), a cloud connectivity and edge AI infrastructure platform that leverages Starlink satellite technology, raised $40mm of venture funding in a deal led by M12 (Microsoft’s Venture Fund). (Link)

7/1: StreamSets (San Francisco, CA), a data integration and mission control platform for hybrid and multi-cloud data pipelines, was acquired by IBM for $2.13B. (Link)

3 for Fun

Wiz turns down $23B acquisition offer made by Alphabet, aims for IPO instead (Link)

Google launches new distributive cloud platform, enabling AI workloads to be ran outside of the data center (Link)

CyrusOne amasses billions to fund data center growth (Link)

 

 

Leave a Reply

Your email address will not be published. Required fields are marked *

About La Honda Advisors

LHA is an investment banking boutique focused on achieving exceptional M&A and financing outcomes for our clients. Our clients are the innovators and technology leaders who build great companies and seek more creative, nimble approaches. While based in Silicon Valley, our reach is global.

For more information on La Honda Advisors, please visit our website here or contact our Partners: