Evolution of the IT Department in the Age of the Cloud There’s no question that the cloud presents a disruptive technology that inevitably leads to rethinking – and often restructuring – the objectives of internal IT departments. An internal IT department – once considered critical to the success of the business enterprise – has, in many cases, become obsolete. With cloud-delivered applications eliminating the need for hosting multiple versions of software on servers, testing for compatibility and applying security patches, the need for internal IT staff managing an infrastructure has been diminished. The result is that cloud-based companies function more
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.