Cloud investment & horse betting
In my earlier blog, I listed 29 most promising cloud companies as listed by network world and other sources.
Now GigaOm headline is September 24, 2010: Cloud Startup Values Are Getting Insane.
RightScale and Eucalyptus are getting $100M valuation. The GigaOm guys, right in heart of Silicon Valley know how to sell hot news. With their announced Pro service, they ar emore informed than the traditional analysts, and they themselves had a $2.5M round of funding.
A year earlier in September 2009 we had the 11 Top Open-source Resources for Cloud Computing
The latest news October 29 2010 are the 10 best financed cloud startups. Here they are:
I checked how many companies were listed in 29 most promising cloud companies.in terms of market share. Only Rightscale made the lists of best and they may have some significant revenues.1. Aster Data Systems – $53 million
2. RightScale – $42.5 million
3. Virtustream – $40 million
4. Engine Yard – $37.5 million
5. Cloudera – $36 million
6. Nirvanix – $35 million
7. rPath – $32 million
8. Eucalyptus – $25.5 million
9. Joyent – $22 million
10. Nimbula – $20.75 million
One the question I have, is how they reached these $100M valuations? And if they did, what we call most promising, or companies to watch are not fulfilling yet the expectations. Looking at 11 Top Open-source Resources for Cloud Computing where are the starts ups based on Open Nebula, Zoho, Puppet, Traffic Server and even RedHat cloud?
Other fast newcomers are data grid companies like NoSQL or the massively parallel databases. Their Meetups in the Valley are gathering a lot of attention, and soon we will see significant investments in Cassandra, Riak and other AWS Dynamo derivatives.
So betting on technology is like betting on horses: favorites don't win always and the jackpot could be in small new companies no one has heard off until they become winners.