Cash in Exchange for Shares

Venture Capital on Ulitzer

Subscribe to Venture Capital on Ulitzer: eMailAlertsEmail Alerts newslettersWeekly Newsletters
Get Venture Capital on Ulitzer: homepageHomepage mobileMobile rssRSS facebookFacebook twitterTwitter linkedinLinkedIn


Top Stories

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)

Why Big Data Applications Adoption is Accelerating

Big Data applications have gained new momentum in the marketplace, as the benefits of working with larger and larger data sets enables analysts to spot key business-related trends. International Data Corporation (IDC) released a worldwide forecast of Big Data opportunities, noting that the market is expected to grow from $3.2 billion in 2010 to $16.9 billion in 2015. This represents a compound annual growth rate (CAGR) of 40 percent -- or about 7 times that of the overall Information and Communications Technology (ICT) market. "The Big Data market is expanding rapidly as large IT companies and start-ups vie for customers and market share," said Dan Vesset, program vice president, Business Analytics Solutions at IDC. IDC believes that for business technology buyers, opportunities exist to use Big Data solutions to improve operational efficiency and to drive innovation. ... (more)

GoodData Raises $25 Million

GoodData and its Cloud BI Platform, which got started in the Czech Republic, have closed a $25 million C round from Tenaya Capital, along with Next World Capital and existing investors Andreessen Horowitz, General Catalyst Partners, Fidelity Growth Partners and Windcrest Partners. Tenaya, the old Lehman Brothers Venture Partners, gets a board seat. The Big Data analytics start-up has raised $53.5 million to date. It claims more than 6,000 customers, including Capgemini and Software AG, have adopted its widgetry to monetize their data and says it posted 600% bookings growth last year, more than doubling employees and customers. GoodData will use the new funding to invest in technology and build sales and marketing programs to raise awareness and accelerate adoption of its platform. CEO Roman Stanek says, "It's time to pull the plug on the old business intelligence m... (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)

Cloud BI Guru Believes Great Companies Can Be Built in the Cloud

In the brave new world of cloud computing, what is the secret to building great companies? That was the question answered by Roman Stanek, pioneer of Business Intelligence (BI) in the Cloud, who on Monday keynoted SYS-CON's Cloud Expo Europe 2009. The first major Cloud event in Europe was co-located with Virtualization Conference Europe 2009, and took place May 18-19, 2009, in Prague, Czech Republic, ans was sponsored by Sun Microsystems, VMware, GoodData Corporation, and 3tera. Stanek delivered his Cloud Expo Europe keynote on May 18, 2009 at Hilton Prague In his presentation, titled: "Building Great Companies in the Cloud," Stanek - a technology visionary who has spent the past fifteen years building world-class technology companies - talked about what it means to be 'born on the cloud.' Specifically he shared with delegates his thoughts on how to use cloud com... (more)

Russians Value Facebook at $10b, Chuck in $200m

Facebook said Tuesday that it had taken $200 million from Russian Internet investor Digital Sky Technologies (DST). In return DST gets 1.96% of Facebook's equity in preferred stock, no board seat and no vote, not even observer status. The Russian firm also intends to buy at least $100 million worth of the privately held American company's common stock off of current and former Facebook employees. Facebook has been trying to pull off that kind of pre-IPO liquidity trick for a while now since the market's appetite for IPOs is out to lunch. Details are expected this summer. The deal values the chi-chi social networking site, which has yet to turn a profit on its enormous traffic, at $10 billion. When Microsoft put $240 million in the joint a year and a half ago for a 1.6% interest, Facebook was valued at an even more incredible $15 billion. The depressed valuation is a... (more)

Hadoop Company Closes Series B Funding

Cloudera, the commercial Hadoop company, announced that it has secured a Series B venture capital funding round led by Greylock Partners, bringing its total funding to date to more than $11 million. Aneel Bhusri, Partner at Greylock, has joined Cloudera's Board of Directors. Existing investor Accel Partners, which led the Series A round, also participated in the round. With proven investments such as Red Hat and WorkDay, Greylock Partners brings deep expertise and operational experience in enterprise software, particularly in data management. "Cloudera is uniquely positioned to take advantage of a large market opportunity around big data in the enterprise," said Aneel Bhusri, partner at Greylock Partners. "The rapid adoption of Hadoop/MapReduce, Cloudera's team of leading experts on big data who come from Facebook, Google, Oracle and Yahoo!, and their rapid customer... (more)

Damn You Google, Damn You Yahoo! Why D'Ya Do This to Us?

A strange dynamic has taken hold on the internet.  Just as people expect sunshine and air to be free, they also expect internet based software applications to be free.  Ok, maybe not completely free… they agree someone should pay, just not them.  Damn you Google, damn you Yahoo! why did you do this to us? With companies left and right offering full versions of their products for free,  users have been conditioned NOT to pay for anything.  This conditioning can be seen across everything from social media sites to messaging to business applications.  The problem with this as I see it is the negative impact on innovation. Users think that they win by getting free software or services, but do they really?  If you ask me the only real winners in the free ecosystem are the investors behind well funded companies.  By locking down markets with free offerings companies can ... (more)

Microsoft is Having Trouble Moving to Cloud Computing: Google CEO

According to a Dow Jones Newswire report, Google CEO Eric Schmidt is bullish about perhaps using M&A to grow Google's cloud computing business - in contrast Schmidt noted that Microsoft was in his view "having trouble moving to cloud computing." According to the report, Schmidt (pictured) expects the move globally from the personal computer era to the age of cloud computing to take the next 10-15 years. Google recently acquired On2 Technologies, and of course famously has in the past bought up giants like DoubleClick and YouTube. It has even been speculated that Eric Schmidt may have coined the term "cloud computing" though opinions differ. ... (more)

Telcos Will Rule Cloud Computing in 2010 -Yankee Group

Early Bird Savings for Cloud Expo Yankee Group today unveiled its annual predictions, projecting that 2010 will be a year of rebuilding for the communications sector. While the economic crisis has permanently changed how consumers, enterprises and network builders approach connectivity, the report, “From Crisis Comes Opportunity: Yankee Group’s 2010 Predictions” forecasts opportunities in key areas including cord cutting, devices, cloud computing and network innovation. “We cannot all remain scarred by the economic events of the last 16 months and miss out on the first fruits of the recovery,” urges Chris Collins, Yankee Group senior analyst and report co-author. “Companies that continue to adapt and innovate are best positioned to prosper in the new decade.” To read the full report, including our list of winners and losers, register as a Guest at http://www.yanke... (more)

Cloud Computing Start-Up Named "Platinum Plus Sponsor" of Cloud Expo

Start-Up Pavillion at Cloud Expo SYS-CON Events announced today that a new cloud computing start-up, which is currently in stealth mode has been named "Platinum Plus Sponsor" of SYS-CON's 5th International Cloud Expo (www.CloudComputingExpo.com), which will take place on April 19-21, 2010, at the Jacob Javits Convention Center in New York City. The company with a revolutionary cloud computing technology and platform, will launch on April 19, 2001, the opening day of Cloud Expo 2010.  Cloud Expo 2010 delegates will get a chance to attend the conference keynote by the company's founder, on April 20, 2010. Cloud Expo is the world's leading Cloud-focused event and is held five times a year, in New York City, Silicon Valley, Prague, Tokyo and Hong Kong. 5th International Cloud Computing Conference & Expo will take place April 19-21, 2010, at the Jacob Javits Convention Ce... (more)