Investors opening up wallets to new cloud ventures
Grazed from FierceEnterpriseCommunications. Author: David Weldon.
Venture capitalists are apparently feeling all warm and fuzzy over the cloud these days, with large sums being invested in new cloud computing ventures. Two recent announcements demonstrating this trend caught our attention: one involving Birst, a San Francisco company that offers cloud-based business intelligence services; the second involving CloudPhysics in Mountain View, Calif., which is launching a new app store to help IT managers with problems in a VMware virtualization environment.
According to a report in Network World, Birst has received $38 million in venture capital investments from existing backer Sequoia Capital and newcomer Northgate Capital. With this latest round of funding, Birst has received $84 million to date. Last year the company received $26 in backer funding, also led by Sequoia…
VMware administrators that experimented with running big data workloads lived to tell about their experiences here this week, while vendors explained how big data principles could actually improve day-to-day IT operations. One organization that ran big data workloads in the cloud reported that it quickly becomes cost-prohibitive, and that it is much cheaper and easier to run it in-house on — guess what? –VMware Inc.’s platforms.
MSPWorld® the World’s Premier Managed Services and Cloud Computing Event, is coming to San Jose, California! The event will take place October 6 – 8, 2013, at the San Jose Marriott in San Jose, CA. Since its inception, MSPWorld has been the only event with a single, vendor-agnostic focus of supporting Managed Service providers and their respective ecosystems.
Red Hat, Inc., the world’s leading provider of open source solutions, today announced continued momentum for Red Hat Cloud Infrastructure, including a new industry-leading performance benchmark, the introduction of the Red Hat Certificate of Expertise in Infrastructure-as-a-Service (IaaS), and a Red Hat Enterprise Virtualization Promotional Offering. Red Hat Cloud Infrastructure, a comprehensive offering designed to support organizations on their journey from traditional datacenter virtualization to OpenStack-powered clouds, has emerged as a high performing offering with greater value as organizations look to build and manage private cloud IaaS.
Metacloud, Inc., which delivers the industry’s first on-premise, private cloud as a service, today announced that it was named as a finalist in the Best of VMworld 2013 awards in the private cloud computing technologies category. As the first company to offer a private cloud solution that leverages clients’ existing hardware investment, Metacloud combines the simplicity of the public cloud with the performance, security and cost advantages of the private cloud.
myApollo, the brainchild of Greater Toronto Area-based Arroware Industries Inc, is a social media platform that will offer users an efficient and reliable way to synchronize, back-up and share their files while discovering the media content of other users. Powered by a dedicated team of young entrepreneurs and built upon groundbreaking proprietary technology, myApollo wants to make the lives of its users easier and more efficient by helping to manage their digital identity while connecting to one another in a true convergence of cloud computing and social media.