DotCloud Draws Another $10M, Will Expand PaaS Market
Within a short span of time, DotCloud has attracted keen eyes of investors and zealously unleashed their potential. Ron Conway, Chris Sacca, Jerry Yang, Raymond Tonsing, Roger Dickey, Ash Patel, Eric Urhane, Kenny Van Zant, Trinity Ventures and others are some of the folks that made an $800K funding possible in the latter part of February. In less than a month, DotCloud has managed to secure a whopping $10M from Benchmark Capital and Trinity Ventures. The additional finances will support the organization’s quest to spread out its Platform-as-a-Service (PaaS) that will allow developers to perform their core duty and not just be mere system administrators.
Solomon Hykes, Co-Founder and CEO of DotCloud noted the importance of their service to developers saying, “Developers want resources at their fingertips so they can focus on what they do best and actually develop. We understand the need for flexible resources and can deliver that level of control back to the developer community more quickly and easily than any first-generation application platform.”
Jerry Yang former Yahoo! CEO and now a DotCloud board member sees enormous potential in the tool, noting “A new breed of application platform tools is emerging. By combining old technologies and approaches with the flexibility needed in today’s landscape, DotCloud will set a new standard for building applications in the cloud.”
With DotCloud, application platform developers will be given the opportunity to mix and match apps. In simple terms, instead of focusing on a single stack, developers are given the liberty to mix and match over a dozen of pre-configured components.
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