While it’s unclear whether the rise and sale of Goleta-based Eucalyptus Systems to tech giant Hewlett-Packard Co. was a major financial success for its investors, one thing is certain: The South Coast is now on the map as having proved the viability of open-source hybrid cloud computing and will have contributed an important component to HP’s cloud strategy going forward.
In what could be the region’s biggest-ever day for tech deals, Westlake Village-based Conversant said it will be sold to Dallas-based Alliance Data Systems in a deal valued at $2.3 billion, and Santa Barbara-based Eucalyptus Systems said it will be bought by HP.
By Henry Dubroff / Tuesday, November 6th, 2012 / Latest news, Technology / Comments Off on Rollins: South Coast a fertile field for cloud computing
Cloud computing companies are remaking the technology landscape of the Tri-Counties and creating a “fertile” environment for entrepreneurs and computer scientists. That was the message serial entrepreneur and investor Woody Rollins brought to about 150 area executives on Nov. 6 as California Lutheran University hosted the first Santa Barbara version of its successful Corporate Leaders Read More →
Santa Barbara is gearing up for its second-ever Startup Weekend with judges from some of the South Coast’s most successful technology ventures. Technologists, designers and business minds will gather from Nov. 2-4 for a three-day blitz in which they will pitch, refine and present ideas for business startups. The event is drawn from a template Read More →
Eucalyptus Systems has raised $30 million in fresh venture capital from the same firm that funded Netflix and Twitter, bringing the Goleta-based cloud computing software company’s total capital raised to date to $55.5 million. Eucalyptus was founded in 2009 by a team of computer scientists led by UC Santa Barbara professor Rich Wolski. It makes Read More →
Eucalyptus Systems has raised $30 million in fresh venture capital from the same firm that funded Netflix and Twitter, bringing the Goleta-based cloud computing software company’s total capital raised to date to $55.5 million. Eucalyptus was founded in 2009 by a team of computer scientists led by UC Santa Barbara professor Rich Wolski. It makes Read More →
