Feeds

Oz cloud outfit wins angel backers

Baxter and Bell take on the cloud

Internet Security Threat Report 2014

Australia's burgeoning cloud investment has had another top-up with OrionVM getting angel dollars from two technology heavyweights. PIPE networks co-founder Stephen Baxter and micro-computing architect Gordon Bell have tipped in an undisclosed investment in the company and will providing mentoring guidance.

Founded by a group of university students in early 2010, OrionVM launched its enterprise grade cloud platform in April which it touts as the world’s fastest network backed storage performance.

OrionVM managing director, Sheng Yeo, said the biggest gain in getting the calibre of Baxter and Bell on board was, “not just money but the vast breadth of knowledge and experience Bell and Baxter bring to the company in establishing this next generation of computing —we call the cloud.”

Bell the former head of R&D at Digital Equipment Corp, is a resident of Sydney and San Francisco and will help the company bolster its international plans. Baxter offers the company invaluable experience in the running of a large and rapidly expanding tech business, in addition to listing, raising capital and selling assets. The funds will allow OrionVM to double staff, triple CloudDC customer usage and explore an international presence.

OrionVM services several hundred customers ranging from ASX listed companies to small startups including Wikia.com, Quotify.com.au (owned by Sensis), Getflight.com.au and DesignCrowd. ®

Providing a secure and efficient Helpdesk

More from The Register

next story
Doctor Who's Flatline: Cool monsters, yes, but utterly limp subplots
We know what the Doctor does, stop going on about it already
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
'Cowardly, venomous trolls' threatened with TWO-YEAR sentences for menacing posts
UK government: 'Taking a stand against a baying cyber-mob'
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Ex-US Navy fighter pilot MIT prof: Drones beat humans - I should know
'Missy' Cummings on UAVs, smartcars and dying from boredom
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
Zippy one-liners, broken promises: Doctor Who on the Orient Express
Series finally hits stride, but Clara's U-turn is baffling
Don't bother telling people if you lose their data, say Euro bods
You read that right – with the proviso that it's encrypted
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.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Win a year’s supply of chocolate
There is no techie angle to this competition so we're not going to pretend there is, but everyone loves chocolate so who cares.
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?
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.