rightscale

RightScale, Aster Data raise millions in funding

Today, two already well-funded companies announced new rounds of financing to support the growth of their businesses.

Cloud management platform RightScale raised $25 million in a C round of financing, bringing total funds raised to $47 million, while big data and analytics provider Aster Data raised $30 million in its C round, bringing its total funding to $53 million.

Management and tooling for cloud applications is again looking to be the "killer app" for the cloud and the more control that tools like RightScale give to users, the more adoption they see. Similarly, as the necessity for data … Read more

Business Intelligence moves to the cloud

One of the most difficult aspects of cloud computing is dealing with the integration of various applications that run between your enterprise and a cloud provider or data center. Application integration is arguably the biggest challenge to enterprises attempting to adopt cloud principles.

To that end, Jaspersoft, Talend, RightScale, and Vertica have teamed up to offer a joint solution stack that delivers complete Business Intelligence (BI) in the cloud.

Business intelligence has been the No. 1 technology spend for the last three years running, according to reseach firm Gartner. And, despite the the recession, Madan Sheina from Ovum has called BIRead more