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Because of the advancements in cloudcomputing by companies like RightScale and open source software such as MySQL , the costs to create a scalable web service have decreased by a factor of ten since the year 2000. We also incurred substantial software licensing charges from Sun Microsystems, Microsoft and Oracle.
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I believe that this is a major new area of growth & innovation for the Internet as CloudServices start to form deeper & richer layers. Over the past 5 years the Internet Cloud has started to form into layers and this is a great thing for innovation. Let me explain. We raised $16.5 million in our A round. Processing.
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