vindication

What’s Special about the Joyent Funding Round? There is nothing special about small companies or startups getting funding, other than the obvious vindication of the opportunities in cloud computing. In fact, such funding stories have been the focus of several articles here (See the latest one: Cloud Computing Startups Raise Big Money: UPDATE 8). However, there’s something different, and in my opinion, special, about the $85 million round of funding closed by San Francisco cloud services provider Joyent (http://www.joyent.com/). What’s special about this round of external financing is not the amount (which, by prevailing standards, is quite impressive) or the

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