Citrix Startup Accelerator backs Cloud Vertical to measure cloud spending
October 5, 2012
Grazed from GigaOM. Author: Barb Darrow.
Dublin-based Cloud Vertical, which wants to help companies get the most bang for their cloud computing buck, now has cash and backing from the Citrix Startup Accelerator to build its business, says Cloud Vertical CEO Ed Byrne.
Cloud Vertical, a Dublin-based startup that helps companies maximize their public cloud spending, got a boost this week with new funding from the Citrix Startup Accelerator. While not disclosing the amount of the investment, Cloud Vertical CEO Ed Byrne said it’s an important vote of confidence given that Citrix is the company behind both Xen, the virtualization foundation of Amazon Web Services (AWS), and CloudStack, an open-source platform that powers private clouds…
Hey guys: Cheap cloud could be cheaper
Byrne said utilization of public cloud resources is not optimal so while the perception is that Amazon EC2 is cheap, it could be cheaper still if people really made sure they’re really using up what they pay for…
Read more from the source @ http://gigaom.com/cloud/citrix-startup-accelerator-backs-cloud-vertical-to-measure-cloud-spending/