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How the Dotcloud Affects the Need for Startup Funding When you decide to launch a startup company, business advisors, counselors, bankers and armchair know-it-alls will tell you that the first thing you need to do is get funding. While there is some validity to that boilerplate piece of wisdom, the availability of and need for startup funding has gone through a dramatic transformation over the past decade, and the next few years will see even more of a shift. A perfect storm of events is causing this seismic shift. On the macroeconomic side this storm includes the still-persistent repercussions of the Great Recession, historically low interest rates, and uncertainty about global commerce and trade. On the technology side, still more realities add to the perfect storm, including the increasing popularity of as-a-service options, which make it easier for startups to l... (more)

How Mobile Solutions, Digital Disruptions and Code Halos are Transforming Industries

Software Eats the WorldDid you read that Uber, the mobile application company, received $1.2 billion in additional VC investment this month?  Why would investors be willing to invest so much? Investors believe that Uber is among a group of mobile app companies capable of disrupting entire industries. They are a data driven start-up enabled by mobile devices. For insight into this innovative and transformative company read their description, "Uber is evolving the way the world moves. By seamlessly connecting riders to drivers through our [mobile] apps, we make cities more accessible, opening up more possibilities for riders and more business for drivers. Now that is an ambitious "About" statement! Do you know how many taxis Uber maintains?  NONE!  They are a company using data in innovative ways to make money.  Data on drivers, riders, locations, history, payment infor... (more)

The Top 150 Players in Cloud Computing

Cloud Expo Early Bird Savings A robust ecosystem of solutions providers is emerging around cloud computing. Here, SYS-CON's Cloud Computing Journal expands its list of most active players in the fast-emerging Cloud Ecosystem, from the 'mere' 100 we identified back in January of this year, to half as many again - testimony, if any further were needed, to the fierce and continuing growth of the "Elastic IT" paradigm throughout the world of enterprise computing. Editorial note: The words in quotation marks used to describe the various services and solutions in this round-up are in every case taken from the Web sites cited. As ever we encourage software engineers, developers, IT operations managers, and new/growing companies in every case to "suck it and see" by downloading or otherwise sampling the offering in question for themselves. (Omissions to this Top 150 list sh... (more)

Opinion: The Real Cost of Acquisitions - the Zimbra Story

There are reports that Yahoo has put Zimbra on the block. Honestly, this came as no surprise at all to us at Zoho. I remember scratching my head when the acquisition was made; I didn't see how an enterprise/business focused open source offering like Zimbra fit with Yahoo, as a technology, as a business or strategically. Zimbra is an open source installable product offering primarily intended to be installed within medium to large organizations. Yahoo has never made an installed product in its history and is mainly focused on consumers, with an occasional foray to sell those consumer-focused applications to small businesses. Zimbra's service provider offerings made no strategic sense to Yahoo either, because Yahoo, being a service provider itself, has no interest in selling technology to other service providers like Comcast. Finally, we have been on both sides of the p... (more)

Cloud Computing Startup Lands $10M

Startup Pavillion at Cloud Expo CloudShare, formerly IT Structures, announced it has received $10M in series B financing from Sequoia Capital, Gemini Capital, and Charles River Ventures (CRV). The company plans to use the investment to fund product development and expand its go-to-market capabilities. CloudShare, a Menlo Park-based startup, has developed what could be revolutionary for solution providers and ISV's selling software or appliances: A way for organizations to instantly deploy multiple, independent copies of their existing demo or training environments in the cloud. The company says its ability to raise a significant round of funding at a higher valuation than its previous round -- in a down economy -- reflects the stability of the company and the value it provides. "CloudShare has taken all the necessary steps to solidify its market position and pre... (more)

Bulletproofing the WebSocket Wire Protocol

Web Security Journal: There's been a flurry of discussion this week among Internet and Web standards heavy-hitters around WebSocket, the new communications protocol supported in Chrome 4 and Safari 5. What was the main issue? Is there some kind of fundamental security vulnerability with the WebSocket (WS) protocol? John Fallows: When surfing the Web, our browsers may communicate with Web servers via HTTP proxies that deliver many benefits, such as providing previously cached Web content more efficiently than repeatedly contacting the target server. These proxies may be either explicitly configured at the browser or they may form part of the general network topology to intercept the communication path implicitly. Securely encrypted Web communication cannot be intercepted by such proxies. Members of the Hypertext Bidirectional (HyBi) IETF Working Group recently comp... (more)

Online Learning Pioneer Picks Up $103M in Funding

Online learning company Lynda.com has gotten $103 million in funding from Accel Partners and equity investor Spectrum Equity. Meritech Capital Partners also participated. It's the first money Lynda has taken from the outside and is meant to push the 17-year-old company into the international arena, which will mean localization, and add to its curriculum. It expects to scale its web and video platform. Its video learning platform, available in monthly and annual subscriptions, teaches computer skills such as 3D and animation, audio, business, design, development, home computing, photography, video and web and interactive design to individuals as well as corporate, government, school and university accounts. It claims more than half of the Fortune 100, all branches of the US military and all cabinet-level departments of the federal government. It has upwards of 200... (more)

Big Data’s Predixion Raises $20 Million C Round

Predixion Software, a developer of collaborative predictive analytics solutions, has raised $20 million in Series C financing. The money is coming from two new strategic investors, Accenture and GE Ventures, as well as current investors DFJ Frontier, EMC, Miramar Venture Partners and Palomar Ventures along with new investor Frost Venture Partners. Accenture led the financing and has entered into an agreement to co-develop new advanced analytics solutions for its clients using Predixion. These solutions are supposed to reduce the time and cost of decision-making by extending the use of predictive analytics applications to managers in a range of business functions, allowing them to apply data-driven insights directly to their operational workflows. The new infusion brings the company's total financing since June of 2010 to $31.8 million. Sajid Usman, global managing d... (more)

Google Apps Compliance

The technologies from Google that use cloud computing like Gmail, Google App Engine, Google Docs, etc., provide users with a cloud-oriented way of saving their data.  Google provides its Cloud services in highly secure manner and security is certainly an imperative design component of each and every Google’s cloud computing element like data storage, processing, server assignment and compartmentalization. The security controls which isolate the data during the processing in the Google’s cloud were developed along with the core technology right from the beginning. This security is certainly a key component. Google’s security strategy provides the security controls at multiple levels of data access, transfer and storage. This security strategy of Google Includes the following components – Organizational security, access control, environmental & physical security, syst... (more)

Zurmont Madison Private Equity Acquires Majority Interest in CLS Communication AG

Zurich, 13 July 2009: Zurmont Madison Private Equity L.P. ("Zurmont Madison") has acquired a majority interest in the leading language services provider CLS Communication AG ("CLS"). The deal consists of a partial buyout of the existing managing shareholders combined with an increase in the company's equity. The funds will be used to make further acquisitions and finance ongoing global expansion. On completion of the transaction, the existing management team headed by CEO Doris Albisser will hold a substantial minority interest. CLS Communication was formed in 1997 as a spin-off from the language services departments of Swiss Bank Corporation (now UBS) and Zurich Insurance and was incorporated with registered office in Basel. Today CLS is a provider of integrated multilingual communication services in its core areas of finance, insurance, life sciences, telecommunic... (more)

Verari Close to Death

Venture Capital on Ulitzer There’s a deathwatch being kept at the bedside of the skeletal remains of Verari Systems, some paid, some not. Unable to meet payroll, the blade-cum-storage and container boutique has fired almost all of its reportedly ~225-strong staff including co-founder and CTO David Driggers – 125 of them can currently be found at a VerariAlumni.com networking site that one of them set up – and the remaining management has posted a “State of the Business” message on the company’s homepage saying it’s restructuring. It reads, “Verari has initiated a process that will protect our customers’ investment and benefit our creditors as we restructure the business. The intention is to safeguard customers’ investment and provide an ongoing support capability. There are several options that are being considered to provide solutions to our customers. We expect to... (more)