Wednesday, September 17, 2014
Metacloud, Eucalyptus, Inktank: SoCal Startups Now Powering The Cloud
Where is the future of the cloud being developed? Based on a trio of recent, cloud technology acquisitions by major, Silicon Valley technology powerhouses, that would be Southern California. Three companies--all started in Southern California--have been picked up for their cloud technology over the last few months, including today's acquisition of Pasadena-based Metacloud by Cisco Corp.; the acquisition of Santa Barbara-based Eucalpytus by HP last week; and the acquisition earlier this year of Los Angeles-based Inktank by Red Hat. Cisco did not say how much it is paying for Metacloud; HP is reportedly paying around $100M for Eucalyptus; and Red Hat paid $175M in April for Inktank. The three startups are among the many, technology-centric startups in Southern California who, for the most part, have been far less visible than sexier consumer Internet and media companies here.