socalTECH
SEPTEMBER 6, 2011
Manhattan Beach-based Morphlabs , the developer of cloud computing products headed by Winston Damarillo, announced this morning that it has raised $5M in a Series C funding round. The firm said the funding will go toward deployment in the ASEAN and North American area. READ MORE>>.
Both Sides of the Table
JULY 23, 2014
The rise of “micro VCs” or seed-stage funds. The rise of alternative sources of capital (crowd funding and the like). Lower costs to start a business (95% reduction), many more companies created & funded by angels / seed. ” Stated simply – if you seed funded Uber at $4.5m Why is this?
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InfoChachkie
FEBRUARY 17, 2011
Or would you like me to sell you a story on how cloud computing is green because these large datacenters are more energy efficient than the same number of computers run in ad-hoc ways? Let me answer ‘why computing needs RightScale.’ Computing is going the way of the electric grid. It’s contagious!”. 5) It is 2015.
Both Sides of the Table
MARCH 6, 2015
At the time almost nobody had heard of the following funds: FirstRound Capital, TrueVentures, Floodgate and SoftTech. By fund II (2007) he was able to raise $15 million (if you watch the video you’ll hear an interesting story of how he did this) and he had a proper fund. But not many others.
InfoChachkie
OCTOBER 13, 2011
I recently spoke with Marten Mickos, the former CEO of MySQL and current CEO of Eucalyptus Systems , the leader in private cloud platforms. Since its origin as an academic research project in 2007, Eucalyptus has become the dominant open source cloud solution, boasting over 25,000 clouds formed.
InfoChachkie
NOVEMBER 9, 2010
Because of the advancements in cloud computing by companies like RightScale and open source software such as MySQL , the costs to create a scalable web service have decreased by a factor of ten since the year 2000. This approach ensures that the investors’ advice regarding future funding events is not self-serving.
InfoChachkie
NOVEMBER 9, 2010
Because of the advancements in cloud computing by companies like RightScale and open source software such as MySQL , the costs to create a scalable web service have decreased by a factor of ten since the year 2000. This approach ensures that the investors’ advice regarding future funding events is not self-serving.
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