10 Signs OpenStack Has Come Into Its Own, June 25, 2013 OpenStack continues to build momentum in the tech industry. Since its inception in 2010, OpenStack has made considerable strides as an open source IaaS project. Enterprises are seeking ROI with their OpenStack pilot projects, brand-name IT companies such as HP and Juniper are doubling down on OpenStack initiatives, and venture capitalists are throwing cash at OpenStack startups in an attempt to help the market make good on the hype -- and profit in the process. Here are 10 recent OpenStack developments.
Piston Cloud Starts A Trend
This year has seen a bumper crop of venture funding for OpenStack startups. San Francisco-based Piston Cloud (and its nattily dressed founders and staff) started the frenzy in February when it announced that it would receive $8 million in series B funding from the likes of Cisco, Data Collective and Swisscom Ventures.