The volume of investments in cloud computing is increasing more rapidly than investment in IT in general. SaaS-system occupies a stable position in enterprise-class particularly in CRM and ERP solutions. One of the most promising trends in SaaS-applications is the mutual integration of various SaaS-services, including those developed by different vendors. The trend will continue…
If you think there’s already way too many *aaSes in the market, you should be prepared because there’s more on the way. Venture capitalists are currently enamored with cloud based startups, and are investing heavily in the cloud computing industry, so new services will be coming their way to you very soon. According to statistics…
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…
CloudTimes is proud to announce a media partnership with VentureBeat on its CloudBeat 2011 conference in Redwood City, CA on Nov 30th – Dec 1st, 2011. The event will be different from existing cloud conferences. Using a customer-centric approach (rather than vendor-centric), the event will hone in on 12 case studies, where we’ll dissect the most…
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…
After much anticipation, the date for Groupon’s IPO is set for November 4th where the company seeks to raise $621 million from the offering, valuing it at $11.4 billion. Groupon is planning to offer only 5% of its shares to the public for a price between $16 and $18, listed on the Nasdaq under the…
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,…
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…
This month, enterprise cloud storage provider Zetta announced that it has raised $9 million in a third round of funding, bringing the total funding to $31.5 million. Both existing investors Foundation Capital and Sigma Partners participated. The company also announced this week that the Town of Dedham, Massachusetts, is using Zetta Data Protect for its…
Shaker allows people for the first time to socialize in a comfortable and fun way online. Similar to interacting in the physical world, Shaker creates a natural, but virtual, setting using your social networks and allows people to meet around shared interests. Shaker is the first platform that brings the places we love online, using…