Computenext raises $4M to be an Expedia for cloud computing software
March 11, 2014
Grazed from GeekWire. Author: Taylor Soper.
All the way back in October 2011, Sundar Kannan stood in a basement of the Techstars Seattle headquarters and spent one minute pitching an idea for his new company, Computenext. The startup didn’t have much to show back then, but fast forward to today and the progress is impressive. With a team of 12 based in Bellevue and more than 50 in India, Computenext just raised $4 million of a $10 million round with plans to grow quickly and rapidly in 2014.
Kannan, who formerly worked on the Windows Azure team at Microsoft, describes the company as an “Expedia for cloud computing.” At its core, Computenext is an online brokerage firm that hosts a marketplace for businesses who are both building and seeking an array of cloud services. Computenext, which also offers its own cloud solutions for specific verticals, makes money by taking a small cut from every transaction…
"It’s what we call an end-to-end marketplace," Kannan said. "You can access our site with a single sign-on, buy resources from any provider, procure it, provision it, pay for it and bill it as well."…
Read more from the source @ http://www.geekwire.com/2014/computenext/
Subscribe to the CloudCow bi-monthly newsletter @ http://eepurl.com/smZeb