March 20, 2013
CAMBRIDGE, Mass., March 20 — ProfitBricks, the infrastructure-as-a-service (IaaS) company that completely reengineered the delivery of cloud computing, today announced it received a $19.5 million investment from its founders and United Internet AG, a leading European internet services provider.
The investment comes as ProfitBricks accelerates the pace of change in cloud computing. In 2012 the company established its U.S. headquarters in Cambridge, Mass. and launched its cloud 2.0 offering, including live vertical scaling and the industry's first Data Center Design tool. ProfitBricks used InfiniBand based network technology to bring high performance computing capabilities to the cloud and offer a better price-performance ratio than the major cloud computing providers. ProfitBricks also introduced the first true minute-based billing to the cloud.
"ProfitBricks is accelerating the definition of true cloud and offering some of the most advanced infrastructure today," said Ralph Dommermuth, founder and CEO of United Internet AG. "The founders have a vision to bring more speed and flexibility to the cloud. This investment will fuel that growth and provide a simple alternative that will attract more high-volume computing to the cloud."
Through this most recent investment, ProfitBricks will further drive its development of the world's first true virtual datacenter and power adoption of its cloud infrastructure into new vertical markets. Founded in 2010, ProfitBricks had previously received $18.8 million from its founders and United Internet AG.
"ProfitBricks delivers on the promise of cloud computing that until its launch wasn't realized," said Achim Weiss, co-founder and CEO of ProfitBricks. "We spent two years building a cloud offering that is unmatched in the market. This latest investment represents an investment not only in ProfitBricks but in the future of cloud."
"In the six months since we launched our cloud offering ProfitBricks has experienced tremendous growth," said Bob Rizika, CEO of ProfitBricks USA. "We're ready to aggressively push for greater market adoption and this investment represents the confidence in our continued success."
ProfitBricks — Cloud Computing 2.0 — is the cloud infrastructure-as-a-service (IaaS) company offering more speed and flexibility than any other cloud provider. Founded in 2010 by the previous co-founders of 1&1 Internet, ProfitBricks has built the world's first, true virtual datacenter, enabling users custom defined instances with live vertical scaling and class-leading double redundant cloud storage — all with simple and transparent minute-based billing. It also developed the first graphical Data Center Designer that makes the ProfitBricks Cloud Computing service the easiest to setup and maintain. CRN Magazine recently picked ProfitBricks as the "Coolest Startup" of 2012.
Researchers from the Suddhananda Engineering and Research Centre in Bhubaneswar, India developed a job scheduling system, which they call Service Level Agreement (SLA) scheduling, that is meant to achieve acceptable methods of resource provisioning similar to that of potential in-house systems. They combined that with an on-demand resource provisioner to ensure utilization optimization of virtual machines.
Experimental scientific HPC applications are continually being moved to the cloud, as covered here in several capacities over the last couple of weeks. Included in that rundown, Co-founder and CEO of CloudSigma Robert Jenkins penned an article for HPC in the Cloud where he discussed the emergence of cloud technologies to supplement research capabilities of big scientific initiatives like CERN and ESA (the European Space Agency)...
When considering moving excess or experimental HPC applications to a cloud environment, there will always be obstacles. Were that not the case, the cost effectiveness of cloud-based HPC would rule the high performance landscape. Jonathan Stewart Ward and Adam Barker of the University of St. Andrews produced an intriguing report on the state of cloud computing, paying a significant amount of attention to the problems facing cloud computing.
Jun 17, 2013 |
With that in mind, Datapipe hopes to establish themselves as a green-savvy HPC cloud provider with their recently announced Stratosphere platform. Datapipe markets Stratosphere as a green HPC cloud service and in doing so partnering with Verne Global and their Icelandic datacenter, which is known for its propensity in green computing.
Jun 12, 2013 |
Cloud computing is gaining ground in utilization by mid-sized institutions who are looking to expand their experimental high performance computing resources. As such, IBM released what they call Redbooks, in part to assist institutions’ movement of high performance computing applications to the cloud.
Jun 06, 2013 |
The San Diego Supercomputer Center launched a public cloud system for universities in the area designed specifically to run on commodity hardware with high performance solid-state drives. The center, which currently holds 5.5 PB of raw storage, is open to educational and research users in the University of California.
05/10/2013 | Cleversafe, Cray, DDN, NetApp, & Panasas | From Wall Street to Hollywood, drug discovery to homeland security, companies and organizations of all sizes and stripes are coming face to face with the challenges – and opportunities – afforded by Big Data. Before anyone can utilize these extraordinary data repositories, however, they must first harness and manage their data stores, and do so utilizing technologies that underscore affordability, security, and scalability.
04/02/2012 | AMD | Developers today are just beginning to explore the potential of heterogeneous computing, but the potential for this new paradigm is huge. This brief article reviews how the technology might impact a range of application development areas, including client experiences and cloud-based data management. As platforms like OpenCL continue to evolve, the benefits of heterogeneous computing will become even more accessible. Use this quick article to jump-start your own thinking on heterogeneous computing.