Connect with us

Applications

Nebula secures $25 mn in Series B funding from Comcast and NBCUniversal

Published

on

MUMBAI: Nebula, the cloud systems company, has closed $25 million Series B financing round led by Comcast Ventures, the venture capital arm of Comcast and NBCUniversal, with significant participation from Highland Capital Partners and included Kleiner Perkins, Innovation Endeavors and industry luminaries Andy Bechtolsheim, David Cheriton and Ram Shriram.


Investors that participated include Harris Barton, William Hearst III, Scott McNealy and Maynard Webb additionally Silicon Valley Bank is providing additional debt and credit facilities to the company.


“We‘re delighted to have the support of investors who have such remarkable track records of success as we continue on our path to make on-premise private cloud computing a reality for all businesses,” said Nebula CEO and co-founder Chris C. Kemp.
 
Nebula is now powering next-generation cloud infrastructures in market-leading biotech, financial services and media companies in a private beta program that began in March. This investment will allow Nebula to expand the number of companies that will be able to participate in the beta, continue to expand its product and engineering teams, build a petascale test system, and accelerate development and testing of its product.


“We invest in companies that innovate with open source projects and teams that are focused on creating game-changing disruption. After spending several years looking at this market, we are confident that Nebula is the company that will bring private cloud infrastructure to the enterprise,” said Comcast Ventures MD Louis Toth.
 
 
Nebula, co-founded by former NASA CTO and OpenStack co-founder Chris C. Kemp, has assembled a team of more than 50 engineers inspired by the opportunity to pioneer a new era of enterprise computing.


In addition to Dave Withers, former Dell Executive and Senior Vice President of Field Operations, and Jon Mittelhauser, Netscape co-founder and VP of Engineering, Nebula now employs four OpenStack project technical leads, and the engineers responsible for a large percentage of the code in OpenStack.


“We are very excited to have an opportunity to make a significant investment in this round. We believe that Nebula and OpenStack is at the nexus of a historical shift in enterprise computing,” said Highland Capital Partners General Partner Peter Bell.

Click to comment

Leave a Reply

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

Applications

With 57 per cent single new users, Ashley Madison rebrands as discreet dating platform

Platform says majority of new members now identify as single

Published

on

INDIA: Ashley Madison is shedding the “married-dating” label that defined it for two decades, repositioning itself as a platform for discreet dating in what it calls the post-social media age.

The rebrand, unveiled in India on 27 February, 2026, marks a structural shift in business model and identity. Once synonymous with married dating, the company now describes itself as the “premier destination for discreet dating” under a new tagline: Where Desire Meets Discretion.

The pivot is data-driven. Internal figures show that 57 per cent of global sign-ups between 1 January and 31 December, 2025 identified as single: a notable departure from the platform’s married core. The company argues that its community has already evolved beyond its original positioning.

Advertisement

“In an age where our lives have been constantly put on public display, privacy has become the new luxury,” said Ashley Madison chief strategy officer Paul Keable. He framed the platform’s offering as “ethical discretion” for singles, separated, divorced and non-monogamous users seeking private connections.

The shift also taps into wider digital fatigue. A global survey conducted by YouGov for Ashley Madison, covering 13,071 adults across Australia, Brazil, Canada, Germany, India, Italy, Mexico, Spain, Switzerland, the UK and the US, found mounting discomfort with hyper-public online lives.

Among dating app users, 30 per cent cited constant swiping and messaging as a source of fatigue, while 24 per cent pointed to pressure to curate public-facing profiles and early personal disclosure. Some 27 per cent said fears of screenshots or information being shared contributed to exhaustion; an equal share cited unwanted attention.

Advertisement

The retreat from oversharing appears broader. According to the survey, 46 per cent of adults actively try to keep most aspects of their life private online. Only 8 per cent feel comfortable sharing most aspects publicly, while 35 per cent say they are becoming more selective about what they disclose.

Ashley Madison is betting that this cultural recalibration towards controlled visibility can be monetised. By doubling down on privacy infrastructure and reframing itself around discretion rather than infidelity, the company is attempting to convert reputational baggage into a premium proposition.

Advertisement
Continue Reading

Advertisement News18
Advertisement All three Media
Advertisement Whtasapp
Advertisement Year Enders

Copyright © 2026 Indian Television Dot Com PVT LTD

This will close in 20 seconds