Webdoc Throws The Gauntlet To Facebook with Cloud Open Spaces for Social Expression Stock market analysts in the main world financial centers already voice concerns over the overvalued Facebook and Twitter and started asking questions whether these cloud-based services will trigger the next bubble in the IT industry. In the meantime, start-ups like webdoc.com are eager to grab market share in a lucrative market of social platforms aimed at consumers that increasingly share, create and store content in the Cloud. The Swiss-based Webdoc is a relatively young company, founded in 2009 by a group of serial entrepreneurs and geeks, and
Venture Capital
Cloud Accounting Software Specialist Secures Second Round Funding and Launches Major New Release Cloud Accounting software specialist, Liquid Accounts has successfully secured second-round funding in order to develop its sales, coinciding with the release of Version 7 of its award-winning online accounting software. The new version includes many enhancements including a new optional integrated Payroll module. The funding was raised from Liquid’s existing consortium of investors which includes technology entrepreneurs Richard Doyle (Chairman), and Ian McNeill, and accountant and exited entrepreneur, Curtis Wright. As with the first round investment, the private investment was matched by The Aspire Fund (a Government
The Wall Street Journal Names Cyan as “Next Big Thing” Cyan is ranked sixth among the top 50 venture-backed companies according to research firm VentureSource Petaluma, CA, – March 14, 2011 – Cyan today announced that it has been ranked sixth by the Wall Street Journal as one of the top 50 venture-backed companies. The publication’s second annual Next Big Thing list, which is compiled by research firm VentureSource, a unit of Journal owner News Corp, recognizes companies in five industries based on capital, executive experience, investor knowledge and their ability to succeed via their innovations. Cyan was listed among
U.S. Authorities Grant Three Patents for Cloud Container Technology to AppZero Massachusetts-based technology startup AppZero announced the United States Patent and Trademark Office granted the application virtualization company three patents providing critical capabilities to its cloud solutions. These patents lay the foundation for AppZero’s Cloud Container Isolation ™ technology, the company said on its website. The company was granted three patents; namely, Patent # 7,757,291, titled “Malware Containment by Application Encapsulation”; Patent # 7,774,762, named “System Including Run-Time Software to Enable a Software Application to Execute on an Incompatible Computer Platform”, and Patent # 7,784,058, called “Computing System Having User
Venture Capitalists Flock To Cloud Computing Startup Dell was born in a room at the University of Austin. Facebook originated from a Harvard dorm. Box.net, tracing its origin to a room in the University of Southern California, may or may not become as large as Dell and Facebook, but if recent indications are anything to go buy, people are willing to bet big money on it. Box.net, a Silicon Valley startup that offers online file-storage and collaboration software, announced that it has obtained $48 million in fourth-round funding to finance its aggressive expansion plans. Meritech Capital Partners contributed $38 million







