Monday February 6, 2012

Cloud Computing Software Company Joyent Raises $85 Million To Pursue Global Growth

Cloud computing software and service provider Joyent has secured an $85 million round of new funding, the company is announcing today. The round was led by European group Weather Investment II. It also included Telefónica Digital, the growth arm of global telecom giant Telefónica, which participated as a strategic investor. Weather II is a strategic shareholder in telecommunications [...]

What defines cloud computing

Cloud computing is very different from traditional networks and applications. In general, a service or offering is considered cloud computing if it has at least four of these seven traits: Internet (or intranet) accessible A massively scalable, user-configurable pool of elastic computing resources (such as networkbandwidth, compute power, memory, etc.) Multitenancy (one large software instance [...]

Cloud computing booming despite recent scares

Lockheed Martin, the American aerospace company, has become the latest high-profile business to have come under a cyber-attack. Amazon and Sony are among others that have fallen victim to cyber crimes in the past few weeks. Recent attacks have put the issue of data security firmly into the spotlight, with more and more companies opting [...]

SQLstream Raises $6M For Standards-Based Stream Computing Platform

San Francisco-based SQLstream, which provides a standards-based stream computing platform that enables its clients to harness and monetize their real-time service and sensor data, has raised $6 million from Fontinalis Partners. The investment was announced earlier this week, but the financial terms of the transaction were not disclosed – a recent SEC filing reveals the [...]

Cloud computing key to DR VC plans

Tuned, pretested DR support capabilities and services are now helping midsize company managers reduce the risks of an extended business outage due to disaster, and at more reasonable costs than ever before. Today, it is possible to put in place disaster recovery technology and practices that may cost less per user supported than older technology [...]

Cloud Computing is on the Rise

While the cost of advanced storage solutions continues to decline, costs like power and cooling, to say nothing about management complexity, can make life more difficult and expensive for IT operations. The growing number of sophisticated workloads can make it tempting to “throw more iron at the problem,” but IT professionals are increasingly adopting the [...]

Salesforce Nabs Microsoft Vet To Push Cloud Computing To Public Sector

Salesforce is announcing a new key hire today—former Microsoft vet Matt Miszewski will join the CRM giant as Senior Vice President Global Public Sector. In his new role, Miszewski will help lead Salesforce.com’s global public sector initiatives to help governments adopt cloud computing. Miszewski was formerly the general manager of Worldwide Government for Microsoft, where [...]

CloudBees Raises $4 Million From Matrix Partners For Java Cloud Computing Play

CloudBees, a Java Platform-as-a-Service (PaaS) provider, has raised $4 million in Series A financing led by Matrix Partners with participation from individual investors, including JBoss founder Marc Fleury and JBoss/HP/Bluestone vet Bob Bickel. The round is said to be only the first in a multi-stage investment to provide CloudBees with the resources to build out [...]

Data Storage Company Scale Computing Raises $17 Million Series C

Scale Computing, a provider of midmarket clustered storage solutions, this morning announced it has secured $17 million in Series C funding in a round led by Scale Venture Partners with participation from Northgate Capital and existing investors (including Benchmark Capital). This latest round of funding brings the total raised for the company to $31 million. [...]

Here’s The Cloud Computing Company Dell Is Buying: Boomi

Dell has just announced it has agreed to acquire Software-as-a-Service integration company Boomi. Terms of the deal were not disclosed and, as usual, the purchase is subject to customary closing conditions. Dell did not say when it expects to complete the purchase. Dell chairman and CEO Michael Dell had yesterday teased the press about an [...]