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DreamHost also has been promoting its DreamObjects service, a cloud-based storage offering that is similar to Amazon''s S3 storage services, and which is powered by DreamHost spinout Ceph''s cloud storage platform. dreamhost cloudcomputing openstack dreamobjects dreamcompute morphlabs metacloud mediatemple'
Santa Barbara-based RightScale , the venture-backed developer of cloudcomputing management software backed by Benchmark Capital and Index Ventures, said yesterday that it has launched a new product specifically focused on grid processing. Tags: rightscale grid computingcloud software saas. READ MORE>>.
What’s astonishing and few other than those who lived it as startups (I launched my second startup in this era) realize is how profound of an impact that rise of Amazon AWS (S3 & EC2) had on the startup market. The “A Round” of my startup in 1999 was $16.5 million and my A Round in 2005 was only $500,000 (and that’s all I ever raised).
These two trends had a major impact on the computing industry from 2000-2005 but the effects weren’t yet felt by the VC industry. The Emergence of “Open Cloud&# Infrastructure. The biggest change in the software industry beyond open-source was “open cloud.&#. They came from a different perspective.
Especially when there are things like: Amazon S3 / EC2 / AWS outage this morning. They also are VERY interesting for background processing tasks that take compute resources or from a storage cloud standpoint. Compared cost there vs. second company that raised $500K and used S3 and other platforms.
Our chief architect, Ryan Lissack, wanted to store our data in Amazon’s new (at the time) storage product called S3 that enabled us to store all our data in their facility and we’d pay by the MBs uploaded / downloaded. So we only had to raise $500,000 to get going and again hardware ate just over 10% of the round. Processing.
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