Cloud Migration Company Announces $7 Million Funding

Racemi, the moving company for the cloud, announced today it has closed a $7 million Series B round of venture financing to further develop and market its software for migrating workloads to cloud computing.

Local Projects Replace Global Investments in Mideast

DUBAI — Governments in the Middle East are investing less internationally than they have at any time in the past three years, as pressure to focus on domestic needs has shifted their attention away from global trophy acquisitions, analysts say.

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