| By Cloud News Desk | Article Rating: |
|
| December 8, 2008 12:30 PM EST | Reads: |
2,734 |
"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 2,734
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.
- The Top 150 Players in Cloud Computing
- Cloud CEOs, CTOs & SVPs to Speak at 4th International Cloud Computing Expo
- 4th International Cloud Computing Conference & Expo Starts Today
- SYS-CON.TV: Cloud Computing Expo Power Panel
- Exclusive Q&A with Rich Marcello - Unisys President, Systems & Technology
- Unisys Named “Platinum Sponsor” of Cloud Computing Expo
- Why IBM’s Server Chief Got Busted
- Vizioncore Named Bronze Sponsor of 4th Virtualization Conference & Expo
- 1st Annual GovIT Expo: Letter from the Technical Chair
- Deputy CIO of the CIA to Keynote 1st Annual GovIT Expo
- The Top 150 Players in Cloud Computing
- Cloud Computing Expo Europe 2009 in Prague: Themes & Topics
- Cloud Computing Expo 2009 West: Call for Papers Now Closed
- Virtualization Conference & Expo 2009 West: Call for Papers Closing
- Cloud CEOs, CTOs & SVPs to Speak at 4th International Cloud Computing Expo
- 4th International Cloud Computing Conference & Expo Starts Today
- SYS-CON.TV: Cloud Computing Expo Power Panel
- Exclusive Q&A with Rich Marcello - Unisys President, Systems & Technology
- Unisys Named “Platinum Sponsor” of Cloud Computing Expo
- Anatomy of a Java Finalizer
- FullArmor GPAnywhere Secures Microsoft Application Virtualization Applications Through Group Policy
- Where Are RIA Technologies Headed in 2008?
- SYS-CON's Virtualization Conference & Expo: Themes & Topics
- SYS-CON's Virtualization Journal Opens Its "Readers' Choice Awards" Nominations
- Application Virtualization: Instant Migration to Vista, Fast Delivery, Secure Access, Side-by-Side Deployments
- Integration with Windows Vista, Microsoft Excel, and Microsoft Application Virtualization
- "Virtualization Is Now a Key Strategic Theme," Says Citrix CTO
- mValent Extends Automated Application Configuration Management to Virtualization Environments
- Will Microsoft Buy Citrix?
- Has the Technology Bounceback Begun?



































