[ Cloudability founders Jon Frisby, Mat Ellis and J.R. Storment at the TechStars Cloud office in San Antonio. Photo courtesy of Cloudability. ] From startups to Fortune 500 behemoths, everybody is using cloud-based services like Google Apps and Dropbox, Amazon Web Services and Rackspace. But does any organization actually know how much it spends on the cloud across the board (since employees often sign up for services and expense them) and how to keep costs under control? Manually entering data into a spreadsheet is one less-than-attractive option for avoiding a "who forgot to turn off the extra servers before the weekend" situation.
Today Cloudability announced that it has landed a $8.7 million Series A round, led by Foundry Group, and participated in by 500 Startups, Wieden, and Trinity Ventures. Two new members of its board... Read Post
TechStars has opened a new startup accelerator program in the capital of Texas, roughly 90 miles up the road from its TechStars Cloud program in San Antonio. With SXSW and Google Fiber, Austin is hot. Read Post