venture capital funding

Virtensys Specializes in Virtualization Technologies for Cloud Computing Manchester-based Virtensys started developing I/O Virtualization technologies for servers and storage platforms and needed less than a year to secure its first round of venture capital funding in October 2006, after venture capital investors Scottish Equity Partners provided Series A funding worth GBP 6.41 million to the start-up founded by entrepreneurs who left market leaders such as Adaptec, Brocade, Fujitsu, HP, ICL and Intel to establish a new enterprise. The company has bet on an innovative vision that data center servers and storage systems will no longer physically contain complex high-speed I/O

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Top 25 European Cloud Computing Rising Stars: Amplidata Over the next month CloudTweaks will be presenting a series covering “25 growing cloud computing start-ups in Europe”. Some of these promising start-ups are in their initial stage of development while others are already gaining strength and market share in the global market for Cloud Computing services.We can say that most of these companies are rough diamonds that could transform into real jewels in the crown within the next several years. ————————————————————————————————————————————————————— Amplidata Attacks U.S. and World Cloud Market with AmpliStor Privately held Amplidata was founded in 2008 by storage industry specialists

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Reuters Press Release Nimbula, a provider of cloud-computing services, raised an additional $15 million in venture capital funding in a second round led by Accel Partners on Monday. It plans to use the money to promote market adoption of its on-demand computing service. Accel Partners snagged a spot on the company’s board of directors, which will be filled by the Accel partner Ping Li, a cloud-computing specialist who has also backed Cloudera and BitTorrent, among others. The company bills itself as a provider of a more private and customizable version of online retailer Amazon.com’s on-demand service, which charges users hourly rates

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