Encoding.com, a startup that provides online video encoding services, has raised $1.25 million in Series A funding. The funding was led by Metamorphic Ventures and included angel investors Patrick Condon, Fred Hamilton, Zelkova Ventures, Dave Morgan, and Allen Morgan. The funds will be used to further sales, marketing, and partnership programs.
Launched in September [...]
Korea Leaps on Cloud Computing Bandwagon
The government will spend around 200 billion won (about $172 million) next year for a number of ambitious Web-based computing projects to help the technology industry create more demand for their nascent cloud services, officials said Tuesday.
Cloud computing, the latest buzzwords in the technology sector, describes a new era of [...]
10 Laws of Being SaaS-y Updated for Cloud
— Bessemer Venture Partners (BVP) announced the release of its updated guidelines “Bessemer’s Top 10 Laws of Cloud Computing and SaaS.” The material can be found in a condensed form as an Op-Ed in the Sandhill.com newsletter and in its entirety on BVP’s website at www.bvp.com/cloud. Byron Deeter [...]
Worldwide software as a service (SaaS) revenue is forecast to reach $7.5 billion in 2009, a 17.7 percent increase from 2008 revenue of $6.4 billion, according to Gartner, Inc. The market will show consistent growth through 2013 when worldwide SaaS revenue will total over $14 billion for the enterprise application markets.
“The adoption of SaaS continues [...]
SAP ERP customers get access to an easy-to-use, affordable, technologically
advanced, and SST-certified sales & use tax solution
LAGUNA HILLS, Calif.–(Business Wire)–
SpeedTax, a provider of Software-as-a-Service (SaaS), fully-automated sales tax
management solutions, today announced a product that gives SAP ERP customers
access to the most technologically advanced, easy-to-use and affordable sales
tax calculation, returns and remittance solutions available today.
SpeedTax now [...]