Thursday, April 25, 2013

VMware Spin-out Startup Pivotal Gets $105M for the Industrial Internet Arms Race : Now an Instant Superpower | SiliconANGLE

I'm guessing the Pivotal PR team isn't thrilled with the "super fund" categorization
"General Electric just announced that they are pouring in $105 million in investment into Pivotal, the VMware (EMC) spinout that is focusing on the new modern era of developers and cloud.
This new investment is on top of the big investment that VMware and EMC are making.  This puts Pivotal in a class by itself in terms of startups in that they are “super funded”.  With the GE investment this makes Pivotal an instant Startup Superpower – giving them an unfair advantage over their competitors across the board."
VMware Spin-out Startup Pivotal Gets $105M for the Industrial Internet Arms Race : Now an Instant Superpower | SiliconANGLE

No comments: