Orchestrate.io, a Portland cloud computing startup, raises $3 million in venture capital
May 21, 2013
Grazed from OreganLive. Author: Mike Rogoway.
A new Portland cloud computing startup, Orchestrate.io, has raised $3 million in venture capital to help launch its technology. Orchestrate wants to make it easier to build online applications, and to make those apps run quicker. It has created standardized tools for frequently requested online information — location, search and recommendation features, for example — so developers don’t have to build their own databases.
It plans to store that information at data centers distributed around the world, starting with outposts in Silicon Valley and in Tokyo, so that the data is readily available to the apps’ users. Founder Antony Falco, 44, previously helped start a Massachusetts company called Basho Technologies, which has raised more than $30 million in venture capital and grown to more than 100 employees…
He moved to Portland in 2009, while chief operating officer of Basho, drawn west by family connections and Portland’s rapidly advancing startup community. Orchestrate has just five employees now, and hasn’t deployed its technology yet. But now that its investment round is complete, Falco said he intends to set a brisk pace. He plans a formal launch late this year or early in 2014…
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