Venture Capital

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

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CloudStack 2.2 accelerates enterprise and service provider cloud deployments with improved hypervisor support, AJAX web interface and scalability enhancements CUPERTINO, Calif. – March 15, 2011 – Cloud.com today announced CloudStack™ 2.2, the latest version of its innovative open source cloud computing platform. CloudStack is a comprehensive, open source software solution that accelerates the deployment, management and configuration of highly-scalable public and private infrastructure as a service (IaaS) clouds. Using CloudStack as the foundation, data center operators can quickly and easily build cloud services within their existing infrastructure to offer on-demand, elastic cloud services. CloudStack is available for immediate download from

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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

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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

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The Rackspace Cloud 2.0 Now Available on iPhone, iPad and iPod Touch for Free SAN ANTONIO, TX – March 11, 2011 –Rackspace®, the world’s leading specialist in the hosting and cloud computing industry, today formalized a new program, the Rackspace Startup Program, where Rackspace provides cloud computing resources to startups participating in programs with 500 Startups, TechStars, Y Combinator and General Assembly.   In addition to the program, Rackspace also announced the availability of the version 2.0 application, Rackspace Cloud 2.0, now available on the iPhone, iPad and iPod Touch. Rackspace Startup Program Rackspace has partnered with premiere startup accelerators and

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The CIO Cloud Summit – June 14th-16th, 2011

Register with our event partner to meet and network with several leading CIOs on June 14th-16th, 2011 Check Out: Follow Us On: Agenda Call for Speakers Testimonials LinkedIn YouTube Flickr Event Description The CIO Cloud Summit, Jun 14 – Jun 16, 2011, will bring together CIOs and IT thought-leaders from various industries to discuss cloud computing topics and trends, including security, public versus private cloud, cloud optimization, and more. Meet And Network with Leading CIOs The CIO Cloud Summit will help C-suite executives better understand the true capabilities of cloud computing and the transformational opportunities it can bring to their

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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

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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

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