Podio Provides Highly-Customizable Collaborative Web-Based Platform Anders Pollas and Jon Froda founded Podio in early 2009 with the idea to create a work platform that works like average customers do in their everyday job. Initially, the project was named Hoist, but entered the web space as Podio in August 2009. Actually, Podio offers a connected work platform boasting it is revolutionizing the way employees and professionals work and interact, and one cannot miss that its graphic design resembles the one of Facebook. Media experts and analysts called the new collaborative platform Facebook for professionals and enterprises that prefer to work
Venture Capital
Runa Capital Sets Aside USD 50 Million to Back Cloud Computing and IT Companies Moscow-based venture capital company Runa Capital decided to increase its funding program to USD 50 million aimed at backing technology and Cloud Computing companies in Russia and abroad. The goal of the venture capital fund is to invest in early-stage Russian IT companies and growing number of investors share the company’s vision that Russia’s technology market has huge potential, the company said in a press release. Competing on a global level is often a problem for Russian IT companies although the government in Moscow announced a
AccountsIQ Takes Advantage of Growing Demand for SaaS Accounting Software Tony Connolly founded Visor Ltd. in 2004 in Ireland and since then the company managed to set foot in the UK, Australia, India and the United States. Its fully hosted Software as a Service (SaaS) accounting platform accountsIQ, initially launched in 2007, is intended to help businesses that need a common platform for managing and benchmarking multiple entities. The platform targets primarily small and medium-sized enterprises allowing them to take advantage of a SaaS offering enabling users to manage their entire accounting process via the Internet and without in-house IT
New Investors, Shasta and Bessemer, Team with NEA, Lightspeed and Amazon to Close Landmark Investment Round Manage Terms San Jose, CA – January 25, 2011 – Cirtas Systems, the first company to make cloud storage work like onsite enterprise storage, announced today that it has closed a Series B funding round totaling $22.5 million, led by Shasta Ventures and Bessemer Venture Partners, along with returning first round investors NEA, Lightspeed Venture Partners and Amazon; Ravi Mohan of Shasta Ventures will take a seat on the company’s board of directors. Cirtas, which has raised a total of $32.5 million in funding to date,
CloudSigma’s IaaS Platform Challenges Amazon and Rackspace CLOUDSIGMA AG was founded in 2009 in Zurich, Switzerland and introduced its core Infrastructure as a Service (IaaS) solution in May 2010 with its cloud being based in the Interxion data centre in Glattbrugg near Zurich. The underlying philosophy of the company is to offer unrestricted choice of operating systems and unlimited size of servers while providing ability for easy transfer of entire drive images. No restrictions are applied on the software running on the servers and customers can select the level of access they have. Actually, CloudSigma is an IaaS platform allowing
CohesiveFT Aims To Be A Big Player in Cloud Computing Cohesive Flexible Technologies, or CohesiveFT, can be depicted as more than a European cloud-based rising star. The London-headquartered start-up has offices in Chicago and Palo Alto and in the past three years has attracted the interest of journalists and analysts alike. Craig Heimark, Alexis Richardson, and Dwight Koop founded the company in 2006 with the idea to provide on-boarding solutions for virtual infrastructure and Cloud Computing. The company’s primary products are Elastic Server, VPN-Cubed and Context-Cubed – Private Beta. Elastic Server is a Virtual Server Life Cycle Management (VSLM) framework
RunMyProcess – PaaS, Scalability and Integration is the Key France’s start-up RunMyProcess was founded by Matthieu Hug, Eric Mahe and Alexandre Lachmann in 2007. The company managed to achieve recognition as a “Cool vendor” by Gartner Inc. in only a couple of years while last year Red Herring nominated the Paris-based company among the top 100 innovators in Europe. The company’s founders have solid background in IT and communications, therefore the company targeted the fast growing Cloud Computer market as its primary business. The company’s core product is its cloud-based Platform as a Service (PaaS) that utilizes business process management
Top 25 European Cloud Computing Rising Stars: Amplidata Over the next month CloudTweaks will be presenting a series covering “25 growing cloud computing start-ups in Europe”. Some of these promising start-ups are in their initial stage of development while others are already gaining strength and market share in the global market for Cloud Computing services.We can say that most of these companies are rough diamonds that could transform into real jewels in the crown within the next several years. ————————————————————————————————————————————————————— Amplidata Attacks U.S. and World Cloud Market with AmpliStor Privately held Amplidata was founded in 2008 by storage industry specialists
