Funding

Top 25 European Rising Stars 2012: ComodIT The Top 25 European Rising Stars is a special annual series by CloudTweaks, where we seek to celebrate new cloud startups that have demonstrated the strongest impact across the year. These have earned little or no press coverage nor loquacious claims but they are indeed rising. To authoritatively arrive at the top 25, we have applied a criteria pegged on critical parameters like the quality of management, current funding, valuable service provision, European based and professionalism in all respects. We welcome you to join us in this year’s tour de force where as

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What To Do With Humongous Student Data Some US states are taking the bold step of resolving the problem of streams of student data scattered everywhere. Usually, voluminous student data is stored in various programs. For instance, testing scores are saved in testing programs, and grades are kept in instructional software and learning management applications. More often than not, this data resides in the program and is never extracted and combined with the other data. Now, there is a new project underway that is being supported and funded by large foundations and state education leaders. The project aims to provide

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Cloud Computing Startups Raise Big Money: UPDATE 13 This is the fourteenth in a continuing series on startups raising funding. You can read the latest in the series at: Cloud Computing Startups Raise Big Money: UPDATE 12 . For previous updates, please click on relevant links in the aforementioned article.  Today, there are two startups in focus – Sonian and Cloud Cruiser. Sonian Sonian, on its website, declares its mission of “archiving the world’s electronic documents.” The site also has a running counter which tracks the number of objects under management, and the number currently is in excess of 6 billion. Now, it has an additional

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Nitro Sets Sights on the Business Cloud; Secures $3.5 Million from Starfish Ventures SAN FRANCISCO, CA – April 3, 2012 – Nitro, a creator of intuitive solutions that enable people to work smarter, today announced that it has secured $3.5 million in funding from Starfish Ventures to fuel aggressive product innovation and recruitment during 2012. This inaugural round of institutional financing will allow the Company to support a rapidly growing global user base and empower advancements for its collaborative cloud roadmap. Bootstrapped and profitable since 2005, Australian-founded Nitro was conceived with the vision to simplify the way people create, edit, sign, and

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The Hypothermic Cloud Infrastructure: Maintaining the Blood Flow to Tier 1 & 2 Apps A particular sore spot since the beginning of the rise of cloud infrastructures, even the advent of utility computing is this: how do you forecast and pay for resources and justify costs for problems you don’t have yet? After all, the entire premise behind funding the acquisition of compute resources is that you are solving an already identified need (problem) which you then attach a cost and an ROI to in order to convince management that they should cut a check. That model doesn’t quite work in a

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Cloud Computing Startups Raise Big Money: UPDATE 9 This is the tenth in a continuing series on startups raising funding.  The series continued…Read the previous post/s Today, there are two startups in focus – Nivio and Clio. Nivio (http://us.nivio.com/) Palo Alto, California-based cloud startup Nivio recently announced the raising of $21 million from Indian consumer products giant Videocon and American private equity firm AEC Partners. While AEC Partners has a record of tech investing, this is the first such move by Videocon. In addition to the potential of this company founded in 2004, there’s a family connection at play –

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The Cloud Aggregators Are Coming! When we started to think about cloud aggregation at Hojoki back in 2010, cloud apps had been around for some time but were not the de facto standard in many teams like we see today. Lots of people would still search for “scrum tool download” or something similar to find a project management tool. Today, for vast majority of us, it’s crystal clear that we don’t search for something to download but for something to use. We search for a cloud app. With this trend, new challenges arise. With so many apps in the cloud,

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Cloud Computing Startups Raise Big Money: UPDATE 4 This is the fifth in a continuing series on startups raising funding. You can read the first four in the series here: 1. Cloud Computing Startups Raise Big Money: UPDATE 3 2. Cloud Computing Startups Raise Big Money: UPDATE 2 3. Cloud Computing Startups Raise Big Money: UPDATE 1 4. Cloud Computing Startups Raise Big Money Today, there are two startups in focus – Puppet Labs and Twilio. Puppet Labs (http://puppetlabs.com): If big name investors are a sign of startup street cred, then Oregon-based Puppet Labs has it in spades. It recently

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