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RightScale Rolls Out Grid Computing Product

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Santa Barbara-based RightScale , the venture-backed developer of cloud computing management software backed by Benchmark Capital and Index Ventures, said yesterday that it has launched a new product specifically focused on grid processing. Tags: rightscale grid computing cloud software saas. READ MORE>>.

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

Both Sides of the Table

Our chief architect, Ryan Lissack, wanted to store our data in Amazon’s new (at the time) storage product called S3 that enabled us to store all our data in their facility and we’d pay by the MBs uploaded / downloaded. So we only had to raise $500,000 to get going and again hardware ate just over 10% of the round. Processing.

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