Wayin, the social networking startup launched by Sun Microsystems co-founder Scott McNealy, just closed $14 million in Series B financing, bringing its total backing to $20 million. U.S. Venture Partners led the round and USVP partner Rick Lewis is joining the board of the Denver-based company.
Yesterday, I drove past the former Sun Microsystems headquarters for the first time since Facebook moved in earlier this month. It reminded me just how influential a company Sun was, despite its somewhat unfortunate fate. Innovation was never Sun’s problem: just look at its alumni.
Looks like Oracle has some competition when it comes to selling big iron for big data. On Wednesday, Cray, the Seattle-based company best known for building some of the world’s fastest supercomputers, announced it’s getting into the big data game.
HP won a tactical battle last night when a judge tossed out an Oracle fraud claim. But it also lost one — when he unsealed previously redacted documents that show just how desperate HP was to keep Oracle working on software for HP’s Itanium servers.
It’s not 1982 anymore. Twenty-nine years after co-founding Sun Microsystems — a company that once boasted a $200 billion market cap — McNealy is a known commodity in the Valley, and that makes life a lot easier when it’s time to launch a new venture.
How are people like Sun co-founder Scott McNealy, Paypal co-founder Max Levchin, Wordpress founder Matt Mullenweg, Cisco CTO Padmasree Warrior and Foursquare founder Dennis Crowley approaching 2012? We asked 12 of the best-known tech industry leaders to share their New Year’s resolutions with us.
To hear Typesafe folks tell it, the Scala programming language and associated middleware is about to join the ranks of first-tier development tools. And, a new Scala plug-in for the popular Eclipse integrated development environment should help pave the way.
Oracle is finally learning that the hardware business is not the software business. Revenue for the company’s Sun Microsystems-rooted servers fell 14 percent in the second quarter compared to the year-ago period. And gross margin on those hardware sales is returning to earth.
Inexpensive rented data center capacity and cheap but powerful open-source toolsets have completely changed the game for tech entrepreneurs, says Silicon Valley legend Andy Bechtolsheim. In short, you would have to be nuts to build, rather than rent, a data center.
It is fashionable to obsesses about the web startup phenomenons and forget old fashioned Silicon Valley startups – ones that makes hardware, writes software and along the way clocks in hundreds of millions in sales and profits. And like everything good it takes time to build one.