Apologies Issued For Microsoft Windows Azure

The onset of cloud computing is creating a growing web of connections and alliances as solution providers and vendors reach out for support as they make their move to hosted services.

Venture capital is alive and thriving in the tech sector, and companies all over, from upstart network infrastructure players to chipmakers and cloud storage specialists, are closing some pretty hefty sums. Here's a look at recent funding rounds and the backers involved.