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Many companies would love to be able to get the benefits of cloud--easy configurability, low cost, scaling, and more--but, due to various reasons, can''t take advantage of public cloud services like Amazon. Amazon EC2 would be considered fully managed cloud, which also happens to be off premise.

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Matthew Jenusaitis is the CEO of OCTANe , an Orange County startup accelerator whose mission is to connect people and ideas with capital and resources. More Products. Backup Software. Blog Software. CRM Software. Help Desk Software. Monitoring Software. Project Management Software. Interviews.

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That is excluding a single line of code or paying any salaries. 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. We raised $16.5 million in our A round.

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