SOURCE: RightScale, Inc.

October 22, 2007 14:46 ET

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

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.

Contact Information

  • For investor and media inquiries, contact:
    Michael Crandell
    CEO
    866-720-0208