Spurred on by the soaring valuations (I, II) being given to many cloud software/services names,...

|By:, SA News Editor

Spurred on by the soaring valuations (I, II) being given to many cloud software/services names, as well as the growing M&A interest being shown by IT giants (I, II, III), investments in cloud-related companies soared to account for 34.5% of the VC funding provided to Internet firms in Q4, claims CB Insights. Cloud business software names Workday and Eloqua are on tap to go public.