Showing posts with label BlueRun Ventures. Show all posts
Showing posts with label BlueRun Ventures. Show all posts

Tuesday, July 3, 2007

The Good News for SunRocket....

..could be that its recent round of layoffs was a prelude to a new round of funding. SunRocket has raised approximately $20 million in additional venture capital from existing investors since early spring, bringing the company's total capital raised to date to about $100 million, the company says.

The company is likely to close the new funding round by August with a total of $30 million to $40 million in new venture capital, says Jonathan Ebinger of BlueRun Ventures, one of SunRocket's investors.

Neocloud Depreciation Might Matter, But Perhaps No More Than Supply and Demand

Depreciation schedules   do not often assume strategic importance, but for neocloud suppliers of artificial intelligence “compute as a servi...