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Data is the Next Major Layer of the Cloud & A Major Victory for Startups

Both Sides of the Table

We put all of this infrastructure in an Exodus web hosting facility and had to pay for rack space, bandwidth and some management services if a disk failed, for example. When I started my second company in 2005 we decided to do everything differently. We raised $16.5 million in our A round. Hardware ate just over 10% of the round.

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