From funding to market share: Choosing a cloud computing startup
October 7, 2013
Grazed from TechTarget. Author: Beth Pariseau.
From AppScale to Zillabytes, a plethora of cloud computing startups have emerged in recent years. There are three ways to go from here: acquisition, IPO or failure. Thus, IT pros considering products from a cloud computing startup should also closely examine the company’s funding, market segment and partner ecosystem before they buy.
Identifying the source of funding for CliQr Technologies Inc. was important for Robert Banks, director of PZFlex, a virtual prototyping company based in Mountain View, Calif. that uses CliQr’s CloudCenter software to manage clouds hosted by Hewlett-Packard Co. (HP), Amazon Web Services (AWS) and Rackspace Inc…
Banks said he believed it was a good sign that the company was funded by Google Ventures. "My understanding is that Google has been introducing them around a bit more now and getting more involved with them," he said. Banks also stays current with other vendors in the market similar to CliQr, in the event CliQr is acquired by a company that wants to take the product in a new direction, or that fails to…
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