OpSource lands $4M for cloud operations

August 17, 2009 | Paul Boutin | Comments | |

opsourceCompanies are turning quickly to cloud computing services, which run their websites for them from remote locations. Cloud computing means never having to buy servers or maintain them again. That becomes someone else’s problem. OpSource, a Santa Clara based company, not only serves up companies’ websites for them, but also “includes the application management, compliance, and business services that are necessary for on-demand business success,” says their press release. A typical customer: Star_Base School Suite, an online academic records service that delivers academic records management online.

OpSource has secured $4 million from ATEL Ventures, a San Francisco firm that claims to be America’s largest private and closely held independent leasing company in the United States, with approximately $2 billion in asset-secured transactions under management.

Next Story: Roundup: MySpace buys iLike, Tom Tom’s $100 app
Previous Story: California’s renewable energy tangled in power lines

Bookmark and Share

Photo of Paul Boutin

About the Author, Paul Boutin

Paul (paul@venturebeat.com) covers Apple & the iPhone, social networks & social media, digital music & video, and any crazy Internet story. Paul wrote and edited for Valleywag from 2006-2008, after several years with Wired magazine and Slate. He writes regularly for The New York Times' technology section and sometimes for Wired and The Wall Street Journal. He studied computer science at MIT in the early 1980s, and worked as a software developer and network administrator for 15 years before becoming a professional writer. Follow him on Twitter at @paulboutin, and follow VentureBeat on Twitter at @venturebeat.

  • csun
    >> Cloud computing means never having to buy servers or maintain them again.

    That's a nice simple definition. I like it and agree with it.

    Some bloggers mistakenly believe Cloud computing means enterprise web applications (like Google Docs). And when I hear journalists/bloggers misuse terminology, I'm disappointed. I really feel the best journalists/bloggers should have experience in the area which they are covering. A good financial journalist should have worked on Wall Street. A good political journalist should have had some job in D.C.. And it would be great if there were more tech writers who have technical backgrounds.
  • buyregcure
    SOASTA also announced that Clint Chao, co-founder and general partner at Formative Ventures, has been elected to the company's board, joining Canaan Partners and The Entrepreneurs' Fund.thanks.