Virtual Instruments, the leader in Infrastructure Performance Management (IPM) for physical, virtual and cloud computing environments, has been listed third on Forbes annual ranking of America’s Most Promising Companies — a list of 100 privately held, high-growth companies with bright futures. Virtual Instruments moved up three spots from the 2011 ranking. Over the course of the past year, Virtual Instruments has seen accelerated growth in all areas of its business. In September, the company announced $27.5 million in late stage venture funding, which it plans to invest in product development and geographic market expansion and have continued to build out its European presence. With its recent success with customers in the Asia Pacific market, the company also plans to expand in the Asia Pacific region.

http://www.marketwire.com/press-release/forbes-names-virtual-instruments-the-third-most-promising-company-in-america-1753832.htm

CloudPay, the pioneer and foremost provider of multi-national payroll technologies and services, today announced that it has completed a $16 million Series B round from Pinnacle Investment Partners, Rho Ventures and other institutional investors. This strategic round enables CloudPay to consolidate its innovative SaaS platform as the standard for multi-national payroll management and further accelerate the strong growth that it has experienced in the last 18 months. As the use of the cloud for enterprise payroll management continues to gain significant momentum, CloudPay will focus on extending its technical, service and sales capabilities.

http://bit.ly/VlRCVH

Workday, Inc. (NYSE: WDAY), a leader in enterprise cloud applications for human resources and finance, today announced the pricing of its initial public offering of 22,750,000 shares of its Class A common stock at a price to the public of $28.00 per share. Erevena have been assisting Workday with the build-out of key sales people across Europe and the UK.

http://www.workday.com/company/news/press_archive/workday_announces_pricing_of_initial_public_offering.php

Virtual Instruments, the leader in Infrastructure Performance Management (IPM) for physical, virtual and cloud computing environments, today announced $27.5 million in Series D funding. The funding round was co-led by Next World Capital and General Catalyst Partners with continued participation from existing investor Lightspeed Venture Partners. Virtual Instruments will use the funding to invest in product development and expand its market presence.  Erevena are assisting Virtual Instruments with the continued build out of the EMEA organisation.

Oracle have announced that it has entered into an agreement to acquire Xsigo Systems, a leading provider of network virtualization technology. The combination of Oracle’s software, server, storage and network product portfolio with Xsigo’s software-defined networking products is expected to deliver the most complete set of virtualization capabilities for cloud environments. Erevena have assisted Xsigo with their strategic EMEA hiring.

http://www.oracle.com/us/corporate/acquisitions/xsigo/index.html