January 20, 2016 3:26 pm | Updated 2 years ago.
2016 is emphatically leveraging the way for startups in cloud computing. Cocoon Networks, a Chinese Equity group has created a new $715 million investment fund explicitly for European startups. Entrepreneurs and consumers worldwide are looking for investing in cloud startups as it is the next big thing.
Vellostrata, Ravello Systems, and Digital Ocean were some of the cloud startups that created a stir in 2015.Vellostrata launched technology that supported the smooth flow of data into and out of the cloud. Ravello Systems rolled out solutions for It businesses opting for temporary cloud-based application services. On the other hand, DigitalOcean specializes in providing cloud-based infrastructure on a global scale.
The cloud startup to watch closely in 2016 is Nextbit. It is planning to launch a cloud-based smartphone with unlimited cloud storage facility. Startups like Datadog, Highfive, Everstring, Zoomdata and PlanGrid are bolstering the growth of the cloud industry.
Date of Publication: January 19, 2016