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,
Data center
Is Cloud Computing Secure? Cloud computing has grown by leaps and bounds in recent years. Every day brings news of some acquisition, some investment, some innovation in this space. What started as a mere snowball has gradually acquired the proportions of an avalanche with all the big boys of the Information Technology putting in big dollars in cloud computing. From Microsoft to Google to late-entrant Oracle, everyone has their fingers in the cloud computing pie. However, concerns still remain, chiefly regarding security. Several companies have put off moving to the cloud simply because of security concerns. Otherwise, cloud computing with
MONITIS TO RE-LAUNCH THE WOLRD’S FIRST FREE SERVER-MONITORING CLOUDWARE Small Business Sysadmins to Gain Time with New Mon.itor.Us PRESS RELEASE: Monitis, the award-winning provider of the world’s first all-in-one monitoring cloudware, will launch fully redesigned its free monitoring service, Mon.itor.Us. “We’re celebrating the New Year by juicing up our free services and offering more extensive monitoring at no cost to Mon.itor.Us users,” said Monitis Founder and CEO Hovhannes Avoyan. “We want to help busy IT administrators at smaller companies, as well as individuals, gain more time by taking advantage of the fastest, cheapest and easiest approach to server monitoring. Ultimately,
BOSTON (Reuters) – Jeffrey Saut simply looks up to remind himself which tech stocks will be hot in 2011. Saut, chief investment strategist for brokerage Raymond James, says he is betting on companies that are leaders in cloud computing — using Internet technology to move computers and information away from desktops and into remote data centers. Despite the surge in cloud computing stock prices last year, investors are expecting an encore in 2011 as the revenue growth for these companies rises faster than the broader technology landscape. Will Danoff, who manages the $72 billion Fidelity Contrafund, is among the most
New White Papers Provided By CA Technologies The Best of Both Worlds: The Hybrid Cloud To handle the demands of modern business, CIOs must manage their internal data centers more effectively and learn how to leverage public cloud resources. The solution: a hybrid cloud strategy facilitated by a dynamic data center. Who knew that a video marketing campaign featuring a donkey, a baby and a bunch of helium balloons would catch fire, going viral after ending up on YouTube and driving an unprecedented amount of traffic to your company’s Web site? Hats off to the marketing folks, but are you
Europe’s potential big bloomers for 2011 By CloudTweaks With 2011 just around the corner, there are numerous cloud predictions for 2011. Cloud computing being a nascent technical advancement in the field of Information Technology, it is still in its molding face. So what has 2011 stored for us? Will social networking evolve and somehow integrate with cloud computing? Will the cloud be a new haven for e-gamers? Or will high specification rigs become obsolete for a common user as he discovers the power of the cloud? All these questions can be better answered when 2011 comes. Stated are some of
Technology Collaboration between IBM and NATO Allied Command Transformation Source: PRNewsWire NORFOLK, Va. and WASHINGTON, Dec. 22, 2010 – NATO’s Allied Command Transformation (ACT) today selected IBM (NYSE: IBM) for a strategic technology project to gain experience with emerging information technologies to improve data center efficiency and increase data sharing by its 28 member nations. The initiative will enable the organization to explore and demonstrate a new cloud computing model that could be used to consolidate and integrate technology capabilities for critical Command and Control programs. The project supports NATO’s efforts to restructure the alliance to meet 21st century technology
Cisco to Present Research on Cloud Computing, Virtualization and Data Center Trends On December 7 and December 8 Cisco will host two live Internet TV broadcasts to announce results of two separate studies that focus on cloud computing, virtualization, and the evolution of data centers. On December 7, Cisco will host “Network Service Providers as Cloud Providers,” revealing results from a study that explores public cloud and on-demand application adoption. On December 8, Cisco will broadcast the final segment of the “Cisco Connected World Report,” a global study that examines employee expectations for accessing information anywhere with any device and
