GetApp.com, the fastest growing independent online marketplace for cloud-based business applications, announced today that it is has secured $1.1 million in funding from Nauta Capital (Nauta). Nauta has invested in GetApp.com from its recently launched $150M Nauta III fund. This funding will allow GetApp.com to further establish its online channel leadership position in the lucrative,…
Recently, Red Hat, Inc. announced its acquisition of Gluster, Inc., a Nexus Ventures supported company. Gluster, Inc. is a provider of scalable, open source cloud storage solutions, which was acquired at $136 million dollars. The negotiation is to be sealed within this month with Red Hat assuming all of Gluster’s equity balances on the closing…
The arena continues to heat up between giant rivals, Google and Microsoft as they persist on dominating the cloud market. The giants already reached the level of public war as they tirade a combat of words to each other. They are both seriously wooing government agencies, schools and universities and all types of businesses offering…
CloudTimes is proud to announce our sponsorship of Cloud Mafia, a cloud community created by Loggly, DotCloud and NewRelic. The next event will take place on October 19th in San Francisco and is not to be missed. Next event: Wednesday, October 19 · 6:00pm – 9:00pm Manor West 750 Harrison St San Francisco, CA Schedule: 6 to 7pm Networking 7…
The long wait for the iCloud services that include iTunes, Documents and Photo Stream will soon be available on October 12. iCloud features and applications will run smoothly with iPad, iPod, iPhone, Mac or PC to store its contents and to share it within these devices. Storage of all files, pictures, music, calendars, apps and…
Last Monday was havoc for commuters of San Francisco as the major thoroughfares were closed to traffic and 129,000 square feet of tents stood in the middle of the busy streets. It was not a political party campaign or a riot, but the Oracle Open World Convention that launched the new version of iPhone. An…
Oracle was previously perceived as slow moving in terms of its readiness and transformation for the new era of the cloud. But finally, it broke the silence last Monday at the OpenWorld 2011 event when it announced its most recent and most important product release, the Oracle Big Data Appliance. This new cloud technology is…
The undeniable benefits associated with cloud hosting continue to attract businesses that are looking to enhance operational efficiency in conjunction with lowering IT related costs. While the dedicated server environment still maintains substantial market share, it is becoming increasingly difficult for medium size and enterprise level companies to ignore the significant opportunities presented through the…
Written by guest author Dave Zabrowski, Cloud Cruiser. Spending on IT cloud services is predicted to grow at more than five times the rate of the IT industry as organizations move a wide range of assets and workloads into the cloud. Analyst firm Gartner recently projected the cloud services market to exceed $148 billion by…
The increasing number of small and midscale businesses in the Asia Pacific region presents a huge potential for business. They may appear granular but the number of SMBs is growing steady in number. Their business requirements may be challenging but it will definitely be a very profitable market. Birger Steen, CEO for virtualization of Parallels,…