Accel Partners has set aside $100 million to invest in start-ups that are trying to harness the power of big data, the firm will announce at the Hadoop World conference in New York this morning, aiming to consolidate its position as one of the earliest investors in these companies as the amount of data generated…
A unit of Chinese e-commerce giant Alibaba Group and fund Yunfeng Capital have jointly announced the setup of a CNY1 billion ($157 million) fund to invest in cloud-computing companies and developers that make applications for a mobile-device operating system from Alibaba. In July, subsidiary Alibaba Cloud Computing unveiled its Aliyun OS, a Linux-based operating system…
CloudTimes is reporting live from Techcruch Disrupt. Follow our Twitter feed or watch TC’s live channel here. We’ll add more videos and news during the show below. Stay tuned. [nggallery id=Disrupt-2011]
The results of a cloud computing survey conducted by North Bridge Venture Partners, in partnership with GigaOM Pro and The 451 Group, were released today at the GigaOM Structure Conference during the Cloud Leadership Panel. CloudTimes is a media sponsor of the GigaOM Structure conference in San Francisco, CA. The survey captured current perceptions, sentiments…
KT the second largest South Korean mobile operator is entering into a $65 million cloud joint venture with Softbank Corporation. This new cloud venture set to kick off in September will focus on disaster recovery and provide data center and cloud services to Japanese companies. The ownership of this venture will be distributed into 51%…