OpSource launches virtual private cloud, says it’s better than Amazon’s
OpSource just announced a new product called the OpSource Cloud, which it says will provide the benefits of cloud computing — where the computing takes place remotely, on someone else’s infrastructure — without sacrificing the control and security of traditional IT. Amazon made a similar announcement yesterday, but the startup’s chief executive Treb Ryan claims the OpSource Cloud goes further in addressing the needs of large, enterprise-scale companies.
Basically, OpSource allows a company to create a… Continue Reading
OpSource scores $10M for on-demand app delivery
OpSource, provider of software-as-a-service and web applications for a variety of functions, just raked in $10 million in fifth-round funding from Nippon Telegraph and Telephone (NTT), Velocity Venture Capital, Key Venture Partners, Crosslink Capital and Artiman Ventures to continue expanding its software portfolio. Its flagship product, called OpSource On-Demand, lets application developers automatically deliver their own products to clients without investing in the expensive infrastructure usually required to deploy them.
The Santa Clara, Calif.-based company also… Continue Reading
OpSource raises $15M for online software services, boasts potential IPO
OpSource, a Santa Clara, Calif. provider of application management and hosting services for online software companies, has raised a $15 million in a fourth round of financing.
The round was led by new investor Crosslink Capital, of San Francisco, with participation from existing investor Artiman Ventures, according to VentureWire (sub required).
OpSource Chief Executive Treb Ryan tells VentureWire the company may be able to go public in the next 12 to 18 months. OpSource potential risk, however… Continue Reading
Opsource, enterprise infrastructure Co., raises $20M in VC/debt
OpSource Inc., a Santa Clara, Calif.-based developer of enterprise infrastructure operations platforms, has raised $20 million in private equity, venture leasing and credit lines, according to PE Week Wire.
Intel Capital led the Series C equity tranche, and was joined by return backers ComVentures, Artiman Ventures, and Key Venture Partners. Western Technology Investment provided the venture leasing, while Silicon Valley Bank extended an additional line of credit.