Amazon.com to Fund Elastra's Cloud Compuing Effort

Amazon.com joins Bay Partners and Hummer Winblad Venture Partners in pumping $12 million in funding into cloud computing startup Elastra, who joins Salesforce.com, Etelos, Coghead, Bungee Labs and others in running enterprise applications and other software on the Internet.
- Elastra Corporation, one of a slew of startups creating platforms that host and run software entirely on the Internet, has just banked $12 million in funding from a pack of investors that includes cloud computing forbearer Amazon.com.

Cloud computing is the new catch phrase for utility computing,...

Posted: 8/5/2008 10:50:42 AM

Link: feeds.ziffdavisenterprise.com

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