Feeds

Oracle sets up fund to help Web developers of tomorrow

Not as philanthropic as it sounds though

  • alert
  • submit to reddit

Security and trust: The backbone of doing business over the internet

Oracle is setting up a $100 million venture capital fund to boost small business developing Web-based applications. The only snag being that companies interested in getting their hands on some of the filthy lucre have to doing their development work on Oracle 8i. The giant of the database world is planning to team up with established venture capital firms to spot the upcoming stars of tomorrow’s Internet industry. Companies working in ecommerce, content management and business intelligence will be likely candidates. Oracle CEO Larry Ellison said: "The next generation of business applications will be designed for and run on the Internet. Oracle plans to invest in and work closely with software companies that share this vision." Ellison obviously knows a good thing when he sees one and Oracle will be offering these fledgling partners access to its own developers and technology, hoping that by getting a raft of growing companies to work with Oracle it will sew-up the market in the future. ®

New hybrid storage solutions

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
JINGS! Microsoft Bing called Scots indyref RIGHT!
Redmond sporran metrics get one in the ten ring
Driving with an Apple Watch could land you with a £100 FINE
Bad news for tech-addicted fanbois behind the wheel
Murdoch to Europe: Inflict MORE PAIN on Google, please
'Platform for piracy' must be punished, or it'll kill us in FIVE YEARS
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
Sony says year's losses will be FOUR TIMES DEEPER than thought
Losses of more than $2 BILLION loom over troubled Japanese corp
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.