Yahoo has hired Henrique De Castro, a now-former Google sales executive, as its COO. De Castro has been given $56 million in compensation in a combination of salary, cash, stock, stock, and more stock to jump ship.
Server-side intelligence startup PernixData has raised $35 million in a Series C led Menlo Ventures, with participation from Salesforce CEO Marc Benioff, Silver Lake co-founder, Jim Davidson, and Seagate CEO Steve Luczo, as well as existing investor Kleiner Perkins Caulfield and Byers, Lightspeed Ventures, Lane Bess, Mark Leslie, and John Thompson. In addition to the large round and pedigreed investor roster, the company announced that it grew 42 revenue percent quarter-over-quarter for the preceding year, and grew its headcount by 160 percent. [via PernixData]