Contact Information: For investor and media inquiries, contact: Michael Crandell CEO 866-720-0208
RightScale Wins 'Best of Show' at VentureNet 2007 for Pushbutton Delivery of Cloud Computing
Venture Capital and Angel Investors Tap RightScale as Company to Watch for Its Premier On-Demand Scalability Platform and Services
| Quelle: RightScale, Inc.
SANTA BARBARA, CA--(Marketwire - October 22, 2007) - RightScale, Inc., the award-winning
provider of the leading management platform for emerging Internet infrastructure services, today
announced it earned top recognition at VentureNet 2007 for "delivering on
the promise of cloud computing."
Distinguished as a "company to watch" by a committee of venture capital,
angel investors and sponsors at Southern California's premier technology
investment event, RightScale won Best-of-Show for its leadership vision and
demonstrated ability to target customers, provide a best-of-breed solution,
drive competitive advantage and deliver superior shareholder value.
RightScale's software-as-a-service
platform and consulting services enable companies to create scalable web
solutions on cloud computing services that are reliable, easy to manage and
cost significantly less than traditional hardware server deployments. The
early-stage company's first service offering supports and enhances Amazon
Web Services (AWS) Elastic Compute Cloud (EC2), the new on-demand,
pay-as-you-go storage and computing service.
"Web businesses, software developers, and enterprise consumers of compute
and storage resources are realizing substantial cost-savings and speeding
time to market by utilizing RightScale's platform, tools, and expertise,"
said Michael Crandell, CEO of RightScale. "With RightScale, companies can
free up their teams to focus on differentiating their business, while
reaping the benefits of on-demand computing -- made easy with
software-as-a-service style deployments that offer scalability,
reliability, and automated system management."
Strikes Nerve of Unmet Market Need
Salil Deshpande, partner at Bay Partners, a Silicon Valley-based early
stage venture capital firm, commented on the need for businesses to realize
the essential value of on-demand infrastructure in order to gain
competitive advantage. "For any startup that's going to require
infrastructure, we always ask: 'Are you using Amazon Web Services. If not,
why not?'" stated Deshpande.
But for many businesses, designing and deploying software solutions for
tapping raw computing power in the brave new world of 'cloud computing'
adds a level of complexity that creates an obstacle to quick adoption.
According to Surj Patel, RightScale is poised as an innovator by delivering
the required infrastructure management that businesses need, coupled with
the simplicity they desire. "RightScale will manage everything for you,"
stated Patel on GigaOm in a discussion on Making FaceBook Apps Scale on the
Cheap.
According to RightScale customer Gary Burke, CTO of TuneCore, a new digital
music distribution service, RightScale reduced TuneCore's deployment
timeline by three months and cut its hosting bill by 40 percent.
For more information about RightScale, please visit www.RightScale.com, and
for more information about VentureNet, please visit:
www.venturenet.org/reviewcommittee.html
About RightScale
RightScale's award-winning software-as-a-service platform and consulting
expertise enable companies to create scalable web solutions on cloud
computing services that are reliable, easy to manage, and cost less.
RightScale's first service offering supports and enhances Amazon Web
Services (AWS), the new on-demand, pay-as-you-go storage and computing
service. This premier solution empowers any software businesses to easily
and reliably harness the power of AWS through automated management tools
and packaged application solutions.
Learn more about RightScale at www.RightScale.com.
RightScale is a service mark of RightScale, Inc. and may be registered in
the U.S. Patent and Trademark Office and in other countries. All other
trademarks and registered trademarks are property of their respective
owners.