venture capital firm

6 Leading Angel Investors with Really Diversified Portfolios  The world of angel investors interested in technology and cloud-computing start-ups is populated by various people ranging from former programmers to salesmen and saleswomen who have discovered the huge potential of IT industry. Many of these people were on the cover pages of Forbes, Fortune and other business magazines but we tried to present you with a list not of the richest or most “influential” technology angel investors but with a list of those who boast most diversified portfolios and who also tend to invest in cloud-computing start-ups. Ron Conway : Angel

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iSpaces Revolutionizes Web-based Environment with A ‘Cloud Computer’ Dermot Doherty, Sunne Justice and Guillermo Söhnlein founded iSpaces in 2009 as they were tired of opening different email accounts and Web apps and synchronizing between various computers and mobile devices. The result of their efforts is an Ireland-incorporated company that offers a cloud-based operating environment; namely, a cloud computer or virtual desktop that currently runs best on Google Chrome, but will be released soon on other popular browsers. The platform is written in Object Oriented JavaScript and provides multi-desktop functionality to users who are non-stop in the web. Actually, the company

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Venture capitalists should focus on the Cloud Cloud-based computing, software as a service (SaaS) and mobile are the next wave of technology, according to Jos White, one of the founders of MessageLabs, a cloud-based anti-virus and anti-spam company. In an interview to The Wall Street Journal, Europe, Jos White- who now runs venture capital firm Notion White- encouraged venture capitalists to orient themselves along similar lines. However, the ride may not be easy given the nature of highly-divided, highly-fragmented European tech market. MessageLabs founders faced tough market conditions when they launched their business in 2000. Operating from a converted barn

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TORONTO, ONTARIO–(Marketwire – Sept. 23, 2010) – The winners of the Deloitte Technology Fast 50™ set a record pace in 2010, with an average five-year revenue growth rate of 5,638 per cent, an all time high. Some of this was due to the economic rebound and exciting new technology niches, but some was also due to the small size of these companies five years ago. In addition, this year’s survey of Canada’s fastest growing technology companies reveals a domestic tech sector that’s been resourceful in bootstrapping its growth, but sees the country’s domestic venture capital industry as in crisis and

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Top 10 Cloud Computing Venture Capital Firms To Help Build Your Business For more than 30 years, NEA has been helping to build great companies. Our committed capital has grown to $11 billion and we’ve funded more than 650 companies in the Information Technology, Energy Technology and Healthcare sectors. For more than 49 years, Norwest Venture Partners (NVP) has actively partnered with entrepreneurs to build and grow successful businesses. The firm manages more than $3.7 billion in capital, has funded over 450 companies since inception and has demonstrated an exemplary track record producing premier investment returns during differing capital market

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St. Louis-based Savvis Inc., a cloud computing infrastructure company, said Tuesday it has agreed to acquire private Canadian IT services provider Fusepoint Inc. in a cash deal worth $124.5-million. Toronto-based Fusepoint operates three data centres in Toronto, Vancouver and Montreal and recently reported annualized revenues of $47.4-million in its first quarter. In 2009, Fusepoint generated $41.7-million in revenue. Fusepoint is a portfolio company of M/C Venture Partners, a venture capital firm. Jim Ousley, chief executive with Savvis, said the Fusepoint purchase will expand the company’s footprint into an important market. “Our largest customers have been asking us to expand into

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