10gen, Creator of a New Platform-as-a-Service (PaaS) Technology, Closes $1.5M Series A

10gen, new cloud computing firm announced $1.5 million in Series A financing from Union Square Ventures. Founded earlier this year by DoubleClick veterans Kevin Ryan, Dwight Merriman and Eliot Horowitz, and former Joost engineering VP, Geir Magnusson Jr., aims to provide significant time and cost saving advantages by allowing developers to focus on solving business problems and delivering functionality rather than expending effort on infrastructure, scaling and system management.
10gen is creating a new platform to let developers quickly and easily build complex and scalable Web applications. The 10gen cloud computing architecture will enable developers to write Web applications and automatically scale as demand increases without re-architecting code. The 10gen stack includes a powerful database and application server.
“At 10gen we are building a cloud stack from the ground up – including a database and application server – with the design goal of running sites and services of all sizes,” noted Dwight Merriman, Founder and CEO.
“The 10gen team brings together a great vision for cloud computing with amazing experience in building Internet scale systems” said Union Square Ventures partner Albert Wenger, who will be joining 10gen’s board of directors. “We are excited to support them in their effort to provide the development community with an open source platform-as-a-service.”
Want to know about cloud computing? Please visit http://www.cloudcamp.com/ for more info.

Posted in Social Networking, Social Software, Tools, Venture Capital |
View Comments


















