Cloudability Closes $1.1 Million Investment Round Led by Trinity Ventures and Walden VC, Seed Financing Will Enable Cloudability to Meet a Growing Demand for the Management of Cloud Costs and Services PORTLAND, OR – December 22, 2011 – Cloudability, the easy way to manage and monitor all of your cloud costs in one place, today announced that it has closed a Seed investment round of $1.1 million, led by Trinity Ventures and Walden VC. The round also includes $255K in funding from a local consortium of Portland –based angel investors, or over half of the angel money in the round.
Cloud Computing
Cloud Computing Integration – Challenges and Solutions I have been a long term supporter of what the cloud can do for your business, but I did not hold back from presenting what issues need to be overcome when performing a cloud computing implementation. Today, I would like to discuss the challenges of cloud computing integrations. Often referred to as the ‘ugly part” of cloud computing. Integration plays a crucial role if you want to deliver cloud based solutions to your business. Outlining a cloud strategy could be a time consuming and difficult process, but the planning part must also take
Deutsche Bank Conquers the Cloud Considering the dynamic, constantly-changing nature of cloud computing, “conquering” it may be an exaggeration; however, that was the title bestowed onto Deutsche Bank by its peers in the Open Data Center Alliance (ODCA). Late last month, the ODCA announced that Deutsche Bank won the “Conquering the Cloud Challenge,” a competition to identify best practices for cloud and data center solutions. The ODCA is an independent IT consortium comprised of several reputed companies who have come together “to provide a unified customer vision for long-term data center requirements.” It has twelve members on its Board –
Cloud Computing Startups Raise Big Money: UPDATE 3 This is the fourth in a continuing series on startups raising funding. You can read the first three in the series here: 1. Cloud Computing Startups Raise Big Money: UPDATE 2 2. Cloud Computing Startups Raise Big Money: UPDATE 1 3. Cloud Computing Startups Raise Big Money Today, there are two startups in focus – VMTurbo and ServiceMesh. VMTurbo (http://www.vmturbo.com/) Massachusetts-based VMTurbo announced recently that it has closed a $10 million B-round of funding, financed by returning investors Bain Capital Ventures and Highland Capital Partners, bringing total capital raised to $17.5 million. It
The Cloud Awaits: Storage For The Growing Virtualized Infrastructure Growth is a good situation for organizations to experience, but growth is not easy and presents challenges. Today, virtual environments in many industries are growing, and organizations are increasingly deploying VMware virtualization to help consolidate IT, improve business flexibility, increase application availability, and reduce costs. After virtualizing test and development environments, and other applications, many organizations are now eager to extend the benefits of virtualization throughout the data center, creating an end-to-end virtualized IT environment and setting the stage for cloud computing. To succeed, organizations must adopt a storage platform that can be tightly integrated with virtualized servers. That storage platform must be designed to deliver the
Bloomberg Report: Zynga Rises in Debut After Raising $1B in IPO Zynga Inc., the largest maker of games for Facebook, was little changed in its first day of trading after raising $1 billion in an initial public offering that gave it a higher valuation than Electronic Arts Inc. (ERTS) The shares, listed on the Nasdaq Stock Market under the symbol ZNGA, gained 1 cent to $10.01 at 11:36 a.m. New York time. The developer of games such as “CityVille,” “FarmVille” and “Mafia Wars” sold 100 million shares for $10 each, the top end of an $8.50 to $10 range, Zynga said in a
Open Registration: Cloud Connect India – May 24th and 25th Cloud Connect India will be the defining event for cloud computing, where the entire industry comes together to drive growth and innovation. Taking place on May 24th and 25th, 2012, Cloud Connect India is the best place to discuss and learn about the latest trends in cloud computing, with the biggest names in the industry. From cloud in the enterprise to the mobile cloud, virtualization, security, cloud communications and security – we will cover the most relevant and latest updates from the industry. Learn about the latest cloud technologies and
