Cloud computing vendors may be popping the bubbly well into the new year, as a handful of promising cloud computing startups have started off 2011 with sizeable financial injections to get the ball rolling. And the early influx of cash to kick off 2011 comes on the heels of many more cloud computing up-and-comers that closed out 2010 with late-year funding to help them dig their claws deeper into the channel. The windfall of cash […]
VCs
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Technological advances enabling companies to significantly cut costs have led to strong global growth in start-up activity, an American venture capital pioneer told Reuters. “In 40 years in the business, I’ve never seen such a vibrant start-up environment,” Alan Patricof, founder and managing director of Greycroft, told Reuters on a visit to Israel. He added that, in spite of the global financial crisis of the last two years, “there’s a lot of money around and […]