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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)

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)

eNovance Gets Backing

Paris-based open source cloud computing company eNovance, the world's seventh-largest contributor to the OpenStack initiative, has gotten a $7.78 million investment from Entrepreneur Venture, BNP Paribas, Oséo and its long-time backer Odyssée Venture. The money is earmarked to support eNovance's strategic priorities including growing its internal team - expanding its operations throughout North America - R&D, internationalization through increased access to US and Asian markets and targeted strategic acquisitions. It figures the round confirms its business model and growth potential, putting it "squarely among the few credible players on the market." The start-up has also hired Philippe Thériault as chief commercial officer for North America who will be stationed in its Montreal offices, where eNovance expects to hire, making it the "nerve center" of its North Ameri... (more)

2014 Pacific Crest SaaS Survey By @BostonVC | @CloudExpo [#SaaS]

2014 Pacific Crest SaaS Survey – Part 1 For the third year in a row, we worked together with Pacific Crest Securities, an investment banking firm with a specific focus on SaaS, to survey 306 SaaS companies. This represents nearly double the # of respondents from last year, giving us deeper benchmarking data and insights to share on the growth and operations of the companies in this space. We also welcome this year the participation of OpenView, an expansion stage venture capital firm specializing in B2B Software, who brought additional support. I want to extend my personal thanks to the many readers of this blog who participated in the survey. My thanks also go out to David Spitz and his team at Pacific Crest Securities (@dspitz and @PacCrestSec, respectively on Twitter) for their hard work on the survey. Part 1 of the results of the survey, which focuses on growt... (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)

Why A Neutral Internet Is Crucial

In the most high-profile case on net neutrality, last year the FCC ruled Comcast illegally placed limits on broadband customers using peer-to-peer services. Comcast is appealing the ruling, but this is exactly what open Internet advocates and the FCC want to prevent. Why ? Because it would adversely impact innovation and impede the potential an open and neutral internet can create. To illustrate the importance of net neutrality consider this: if you had a choice between a large, established Internet company with deep pockets to pay for faster access; you'd be more likely to use their service over a small start-up that might have a more innovative services but lacked the money to pay for similar speeds. What the major players want is to eliminate competition and use their present advantages to snuff out future competitive threats. Remember when you had to buy your t... (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)

Cloud Expo Bronze Sponsor RightScale Gets $25M Round

"This represents a resounding validation of RightScale's leadership in cloud management and our tremendous potential for expansion in the fast-evolving cloud computing market," said Michael Crandell (pictured), CEO of RightScale this week, as the company announced that it has closed a new round of venture funding led by Tenaya Capital and joined by DAG Ventures and other current investors – Benchmark Capital, Index Ventures and Presidio Ventures. "We will continue to drive innovation in cloud automation and workflow, add to our current enterprise capabilities, and enhance our RightScale publishing program,"Randall - who is also speaking at Cloud Expo Silicon Valley - continued. He added: "In addition, we plan to expand our support for new public and private cloud infrastructures globally, including accelerating our existing operations in Europe and Asia." "RightScal... (more)

Abiquo Gets $10 Million in Funding

Abiquo, the enterprise cloud management house, has raised approximately $10 million in Series B funding led by Balderton Capital Partners, the early- stage VC that backed MySQL. Business Objects founder Bernard Liautaud is a partner there now and will join Abiquo’s board. Existing investors Nauta Capital and Eurecan also participated. The funding will be used to expand Abiquo’s global sales and marketing efforts, customer support and senior team. Abiquo’s software is supposed to let the enterprises and service providers extend virtualized environments and create and manage private, public and hybrid clouds through a “single pane of glass.” The stuff, which is supposed to save users money, combines autonomous virtual enterprises with global infrastructure management and business policy. Abiquo CEO Pete Malcolm gave the Day 3 keynote at 7th Cloud Expo in Nov 2010 ... (more)

Appcelerator Acquires Aptana

"We are excited to introduce Aptana’s millions of developers to the mobile innovation wave that we have been riding and supporting as a company over the past two years," said Jeff Haynie (pictured), CEO of Appcelerator, as Appcelerator this week announced its acquisition of Aptana, the leading integrated development environment (IDE) for building web applications. “We have always focused on enabling the best possible native application experience,” Haynie, continued, adding: "This announcement furthers that vision by empowering our growing community of developers to build, test, and deploy native, cloud-connected mobile applications faster and with higher quality than ever before." Appcelerator is considered to lead the industry in cross-platform development, with tens of millions of users using over 10,000 native iOS, Android and desktop applications. In addition, wi... (more)

Marc Andreessen, Ben Horowitz, and Disruptive IT Firms

Andreessen Horowitz has a model I have not seen at any other Venture Capital firm, and that model is paying off for a broad ecosystem of companies, investors and enterprise IT professionals. From the standpoint of an enterprise technologist, the payoff will come by their support of firms fielding capabilities that will make a positive difference for organizations. The best way to learn about their spirit and approach is to review the blogs of their founders Marc Andreessen and Ben Horowitz. But the best way to prepare yourself for coming distruption, in my opinion, is to dive right into the portfolio of firms they have invested in and are nurturing. The following pulls text from the Andreessen Horowitz write-ups on some of the most interesting (from an enterprise CTO perspective) firms in their portfolio: actifio.com Data Management Virtualization Actifio™ pioneered ... (more)