Joyent Lands Another $15M for Cloud Computing Services

The New York Times (Sep 14 2010) Cloud Computing

1. Cloud computing company Joyent announced today that it has landed $15 million in a third round of funding led by Intel Capital. Joyent provides cloud computing services to companies – allowing them to take advantage of Joyent’s platform instead of investing in actual hardware. It’s customers includes the professional social networking site  LinkedIn and luxury sample sale site Gilt Groupe. Joyent says that the funding will be used to extend its Smart Technologies — which includes SmartMachines, its cloud-based virtual machines, and SmartPlatform, its server-side Javascript platform which “makes the entire data center work like a single computer.” The company has recently expanded its operations in Europe, the Middle East, and Africa, and now has data centers in  China; Andover, Mass.; Emeryville and San Diego, Calif. and Dallas, Texas. The funding is part of Intel Capital’s recently announced $30 million investment in several companies, and was assisted by Greycroft ... (Read Full Article)

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