Monday, August 17, 2009

OpSource lands $4M for cloud operations

Companies are turning quickly to cloud computing services, which run their websites for them from remote locations. Cloud computing means never having to buy servers or maintain them again. That becomes someone else's problem. OpSource, a Santa Clara based company, not only serves up companies' websites for them, but also "includes the application management, compliance, and business services that are necessary for on-demand business success," says their press release. A typical customer: Star_Base School Suite, an online academic records service that delivers academic records management online.

OpSource has secured $4 million from ATEL Ventures, a San Francisco firm that claims to be America's largest private and closely held independent leasing company in the United States, with approximately $2 billion in asset-secured transactions under management.


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