US-based software company Joyent closed a series D round worth $85m on Monday, led by Weather Investment II, a group which owns a 20% stake in Russia-based telecom conglomerate Vimplecom.
Telefónica Digital, the division which houses the corporate venturing unit of telecommunications corporation Telefónica, also contributed to the round, making its second investment since the division was formed in September 2011.
Telefónica has stated that its investment in Joyent was predominantly strategic. Cloud-based services are a key investment target…
