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Earlier this month, Los Angeles-based web hosting and cloudcomputing provider DreamHost (www.dreamhost.com) raised a big, $30M funding round for the company--the first in the company''s long history. Simon Anderson: DreamHost offers a web hosting, and now, cloudcomputing platform and storage. At UC Santa Cruz.
Cloudcomputing and the open source movements have brought down the costs of starting a company by more than 90%. This has led to the creation of incubators, accelerators and seed funds. By 2010-2011 this had shrunk by half again, averaging under $15 billion. By the end of 2011 the Internet population was estimated at 2.3
DreamHost has a successful track record of incubating technologies in-house and then releasing them to the broader market. To update Marc Andreessen’s widely publicized quote from 2011, “OpenStack Software Defined Networks (SDNs) are eating the world.” Note: I am an investor in Akanda via Rincon Venture Partners.).
TenHands was Incorporated on January 11, 2011 and launched its first alpha service in November of 2011, private beta in April 2011 and open beta in July 2012. where he led the incubated startup to $300m in revenues as the fastest growing Service Provider for Collaboration services to include video, web, and audio.
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