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On balance, the cloud has been a huge boon to startups

On balance, the cloud has been a huge boon to startups Today’s startups have a distinct advantage when it comes to launching a company because of the public cloud. You don’t have to build infrastructure or worry about what happens when you scale too quickly. The cloud vendors take care of all […]

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Rackspace announces it has laid off 200 workers

Rackspace announces it has laid off 200 workers Rackspace, the hosted private cloud vendor, let go around 200 workers or 3 percent of its worldwide workforce of 6600 employees this week. The company says that it’s part of a recalibration where it is trying to find workers who are better suited to […]

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Recent departures hint at turmoil at Quartet Health, a mental health startup backed by GV

Recent departures hint at turmoil at Quartet Health, a mental health startup backed by GV Backed with nearly $87 million in venture capital funding from GV, Oak HC/FT and F-Prime Capital, Quartet Health was founded in 2014 by Arun Gupta, Steve Shulman and David Wennberg to improve access to behavioral healthcare. Its mission: […]

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Rackspace acquires Salesforce specialist RelationEdge

Rackspace acquires Salesforce specialist RelationEdge Rackspace today announced that it has acquired RelationEdge, a Salesforce implementation partner and digital agency. The companies did not disclose the financial details of the acquisition. At first, this may sound like an odd acquisition. Rackspace is still best known for its hosting and managed cloud and […]

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Rackspace may reportedly go public again after a $4.3B deal took it private in 2016

Rackspace may reportedly go public again after a .3B deal took it private in 2016 Rackspace, which was taken private in a $4.3 billion deal in August 2016 by private equity firm Apollo Global Management, is reportedly in consideration for an IPO by the firm, according to a report by Bloomberg. The […]

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Cloud infrastructure vendors begin responding to chip kernel vulnerability

Cloud infrastructure vendors begin responding to chip kernel vulnerability  Several cloud vendors began responding to the chip kernel vulnerability  that has the industry reeling today. Each Infrastructure as a Service vendor clearly has a stake here because each one is selling CPU cycles on their platforms. TechCrunch sent a request for comment […]

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Rackspace acquires Datapipe as it looks to expand its managed services business

Rackspace acquires Datapipe as it looks to expand its managed services business  Rackspace today announced its intention to acquire Datapipe, one of its largest competitors in the managed public and private cloud services business. Rackspace expects the acquisition, which is its largest one yet, to close in the next quarter. The two privately […]

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