Feeds

Oz cloud outfit wins angel backers

Baxter and Bell take on the cloud

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

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. ®

New hybrid storage solutions

More from The Register

next story
JINGS! Microsoft Bing called Scots indyref RIGHT!
Redmond sporran metrics get one in the ten ring
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
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
OECD lashes out at tax avoiding globocorps' location-flipping antics
You hear that, Amazon, Google, Microsoft et al?
Show us your Five-Eyes SECRETS says Privacy International
Refusal to disclose GCHQ canteen menus and prices triggers Euro Human Rights Court action
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.