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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. That will remain in-perpetuity.

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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. Backup Software. Blog Software. CRM Software. Help Desk Software. Monitoring Software. Project Management Software. More Software. Interviews.

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That is excluding a single line of code or paying any salaries. At the time we viewed Amazon’s offering, EC2 as too nascent. Physically printed books or CDs with editors, reviewers and a centralized system are inherently slower and in many cases not even more accurate. We raised $16.5 million in our A round.

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