It was reported on Friday morning that Microsoft has invested in Pivotal, a San Francisco-based cloud-computing company. Besides Microsoft, Ford was also announced as a major investor. The media reported that Pivotal’s Series C funding round hit $253 million, with Ford contributing with $182.2 million. It is not known exactly how much money Microsoft poured into the company. We do know, however, that the company’s value now sits at $2.8 billion. Other investors include General Electric, EMC, and VMWare. "This relationship builds off what was already a strong relationship", Forbes quotes Pivotal CIO Marcy Klevorn saying. "We are re-positioning the… [Continue Reading]
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