Feeds

IBM gets start-ups hooked early

To those that have, have some more

Providing a secure and efficient Helpdesk

IBM is reaching out to venture capitalists by offering technology and go-to-market help for software start-ups they back.

According to IBM, use of its software, servers and consulting from staff in 30 Innovation Centers worldwide will help young companies get to market quickly and reduce development costs of advanced and emerging technologies in Web 2.0, software as a service (SaaS), security, virtualization and wireless. All services will be provided free of charge.

It's important for platform providers to get in early with start-ups, as limited R&D budgets mean their products will generally use just one vendor's database or middleware stack. Only as their business increases can companies port to others platforms.

The software field represents rich pickings for tech companies eager to establish life-long relationships with new users and partners. According to latest figures, VCs invested $1.26bn in 231 deals in the second quarter of 2006, compared to $1.31bn and 215 deals in the first quarter, beating all other sectors, including biotech - often touted as the "one to watch." That's not bad going, considering just 12 per cent of US and international VC and private equity funds actually target software and software services.

Furthermore, cash has funded companies' expansion and later-stage development ($579m and $511m respectively), rather than seed capital or first round funding. That means start-ups have budget for infrastructure software.

IBM is already claiming success from earlier efforts, with some 9,500 developers so-far this year trained on IBM technologies the company said.®

Beginner's guide to SSL certificates

More from The Register

next story
Scrapping the Human Rights Act: What about privacy and freedom of expression?
Justice minister's attack to destroy ability to challenge state
WHY did Sunday Mirror stoop to slurping selfies for smut sting?
Tabloid splashes, MP resigns - but there's a BIG copyright issue here
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
EU to accuse Ireland of giving Apple an overly peachy tax deal – report
Probe expected to say single-digit rate was unlawful
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
Hey Brit taxpayers. You just spent £4m on Central London ‘innovation playground’
Catapult me a Mojito, I feel an Digital Innovation coming on
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
EU probes Google’s Android omerta again: Talk now, or else
Spill those Android secrets, or we’ll fine you
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.