| By Cloud News Desk | Article Rating: |
|
| December 8, 2008 12:30 PM EST | Reads: |
2,863 |
"We’re very excited to be working with RightScale's experienced team to guide the company's growth, including its expansion into the European market," said Index Ventures partner Danny Rimer as it was announced today that RightScale has secured $13 million in its second round of venture capital funding, led by Index Ventures.
RightScale CTO Thorsten von Eicken interviewed by SYS-CON.TV's Jeremy Geelan at the 1st International Cloud Computing Conference & Expo recently in San Jose, CA.
"With RightScale's platform, organizations can quickly realize the benefits of cloud computing without the risks commonly associated with cloud deployments, such as vendor lock-in and loss of IT control," Rimer continuied, adding “Having looked at this space in great detail, we believe that RightScale will continue to be the clear leader in cloud computing services."
The company has two years of real-world cloud computing experience and thousands of live deployments. Over 200,000 servers have been successfully launched using the RightScale cloud management platform.
Michael Crandell, CEO of RightScale, commented, "Index Ventures has a superb track record in identifying winning technology companies in high growth markets, and we are very pleased that they have demonstrated their confidence in RightScale by leading this financing round. The market for cloud computing is exploding, and this funding will provide the capital to cement our position as the leading cloud computing management vendor and to prepare for further growth in a very promising and expanding marketplace."
With its "cloud-aware" server templates, the fully-automated RightScale platform requires little knowledge of cloud architecture to deploy, manage and dynamically scale even complex, multi-cloud applications, says the company.
Current investor Benchmark Capital, which led RightScale's first round of venture financing, also participated in this round. In addition, RightScale announced that Index Ventures partner Danny Rimer has joined the company's board of directors. RightScale will use the proceeds to accelerate product and market development of its cloud computing management platform to meet growing demand, including support for new clouds and expansion into additional geographic markets.
Published December 8, 2008 Reads 2,863
Copyright © 2008 SYS-CON Media, Inc. — All Rights Reserved.
Syndicated stories and blog feeds, all rights reserved by the author.
More Stories By Cloud News Desk
Cloud Computing News Desk brings the latest industry news related to the Cloud paradigm of massively scalable IT resources and capabilities delivered as a service using Internet technologies. For up to date news on the International Cloud Computing Conference & Expo series, the easiest way is to follow it on Twitter.
- Kindle 2 vs Nook
- Confessions of a Ulitzer Addict
- The Cloud Computing Kettle Heats Right Up
- Are You Comfortable with Where Your Data Sleeps at Night?
- Ulitzer Provides a Powerful Social Journalism Platform
- Ulitzer Live! New Media Power Panel at Santa Clara Convention Center
- Instant Professionalism Online Despite Yourself...with Ulitzer
- Rapid Application Delivery - Going Hybrid
- Rhomobile CEO to Speak at iPhone Developer Summit 2009 West
- Rhomobile to Announce Production Release of RhoHub at 4th Cloud Expo
- Sybase Named “Silver Sponsor” of iPhone Developer Summit
- Top 10 Telecom Predictions for 2010
- Kindle 2 vs Nook
- Confessions of a Ulitzer Addict
- RIM Launches BlackBerry Desktop Manager for Mac Users
- Ulitzer Live! New Media Conference & Expo
- The Cloud Computing Kettle Heats Right Up
- Are You Comfortable with Where Your Data Sleeps at Night?
- Ulitzer Provides a Powerful Social Journalism Platform
- Analyst Firm Launches "ZapThink on Ulitzer"
- Open Source Mobile Cloud Sync and Push Email
- Unisys Provides Mobile Support
- Apple Introduces New iPod nano With Built-in Video Camera
- Ulitzer Live! New Media Power Panel at Santa Clara Convention Center
- Where Are RIA Technologies Headed in 2008?
- Sun Blew its "iPhone" Java Opportunity to AJAX
- The Top 250 Players in the Cloud Computing Ecosystem
- AJAXWorld Conference Adds "iPhone Developer Track"
- iPhone Will Make Mobile AJAX and Web 2.0 Happen
- Why Build Applications for the iPhone and iPod Touch?
- Designing For the "iPhone" Is a Refreshing Experience
- New Column: A Geek's Bookshelf
- Building an iPhone Application with Adobe AIR
- Apple U-Turns on iPhone: Third-Party Developers To Get SDK in 2008
- Vodaphone To Present iPhone Developer Session at AJAXWorld
- Why Is iPhone Better? Here's My Story...






































