Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Cloud, edge and decentralized computing -- Ignore unavailable to you. Want to Upgrade?

To: Glenn Petersen who wrote (727)	8/15/2011 12:06:24 PM
From: DinoNavarre	Respond to of 1685

Thanks Glenn, will keep an eye on it! Dino

To: Glenn Petersen who wrote (727)	8/17/2011 1:05:37 PM
From: stockman_scott	Respond to of 1685

17-Aug-11 07:00 ET In Play Oppenheimer cuts tgts/ests across tech./enterprise software coverage to reflect the slowing worldwide economy (25.35 ) : Oppenheimer is lowering EPS and rev ests and price targets across their coverage universe to reflect the slowing worldwide economy. While almost all of the software vendors at Oppenheimer's Tech Conference last week indicated they have not seen a change in demand, they note software cos are often the last impacted by a slowing environment as ~50% of new sales close in the final few weeks of a quarter. As a result, they are being proactive in accessing the impact that slower worldwide GDP growth could have on their names. That said, they believe we are still in the very earliest stages of the shift to Cloud-based computing and that this should serve as a secular tailwind for the group, especially small and mid-sized players, for years to come. In large cap they prefer ORCL; mid: INFA and TDC and small: HCM. Firm cuts following targets: CNQR to $44 from $60; CTCT to $26 from $40; INFA to $57 from $63; KNXA to $30 from $34; MCRS to $50 from $58; MSFT to $32 from $36; ORCL to $33 from $38; RHT to $47 from $55; SREV to $22 from $23; SFSF to $32 from $37; TLEO to $34 from $41 and TDC to $61 from $65.

To: Glenn Petersen who wrote (727)	8/19/2011 11:42:42 AM
From: stockman_scott	1 Recommendation Read Replies (1) \| Respond to of 1685

GoodData, a San Francisco-based cloud business intelligence platform, has raised $15 million in new VC funding. Andreessen Horowitz led the round, and was joined by return backers General Catalyst Partners, Fidelity Growth Partners and Windcrest Partners. www.gooddata.com techcrunch.com

To: Glenn Petersen who wrote (727)	8/19/2011 11:58:39 AM
From: stockman_scott	Respond to of 1685

Thought Equity Motion Scores $25 Million For Cloud-Based Video Platform techcrunch.com posted on Tuesday, August 16th, 2011 Online video technology and footage licensing services provider Thought Equity Motion has raised $25 million from Shamrock Capital Advisors, the company announced this morning. The company delivers video archive management and “smart content” metadata tools as a cloud service, as well as rights development expertise. Through its Web platform and global sales force, the company licenses a wide range of sports, news, entertainment, editorial, and creative content. Thought Equity offers its video technology and management infrastructure solutions to media companies, news organizations, sports right holders and video production companies worldwide. Customers include BBC, Paramount, National Geographic, Sony Pictures Entertainment and the NYT. The company says ‘tens of thousands’ of video producers use its video licensing platform on a daily basis. Thought Equity’s new investor, Shamrock Capital Advisors, is an independent Los Angeles-based private equity firm focused on the media, entertainment, and communications industries. In 2010, Shamrock’s private equity activities were formally separated from Shamrock Holdings, the family office for the late Roy E. Disney, a longtime senior executive for The Walt Disney Company, which his father Roy Oliver Disney and his uncle Walt Disney founded. Thought Equity CEO Kevin Schaff told The Denver Post that a small portion of the funds from Shamrock Capital Partners has been used to pay off an old investor. __________________________ http://www.thoughtequity.com Thought Equity Motion increases the value of video content rights through its advanced technology platform and rights development services. The company’s integrated offering delivers large scale archive management as a cloud service in alignment with licensing strategy expertise to enable rights holders to generate new value from their content, providing greater control while reducing cost and complexity. Thought Equity Motion works with more than 400 rights holders globally, including BBC Motion Gallery, Paramount Pictures, Sony Pictures Entertainment, National Geographic, The New York Times, and the NCAA®. The company’s footage storefront and global sales force license news, sports, editorial, and creative content to the world’s leading producers in advertising, film, television, publishing, and interactive media. Headquartered in Denver, Thought Equity Motion has a digital refinery in Laramie, Wyo. and offices in Los Angeles, New York, Chicago, Tokyo, Sydney, Toronto, London, and sales partner offices in Paris and Mumbai.

To: Glenn Petersen who wrote (727)	8/19/2011 12:07:34 PM
From: stockman_scott	Read Replies (3) \| Respond to of 1685

Khosla, Greylock, Andreessen Horowitz Put $16.5 Million In Enterprise Cloud App Management Startup Okta techcrunch.com Enterprise cloud app management company Okta has raised $16.5 million in Series B funding from Greylock Partners, Khosla Ventures, Andreessen Horowitz and FLOODGATE. This brings the company’s total funding to $28 million. Okta is a cloud application management service. Okta’s platform allows companies to have control of their users, applications, and data both in the cloud and behind the firewall. The startup was founded by Todd McKinnon, the former VP of Engineering of the most successful cloud-based company to-date, Salesforce. As McKinnon tells us, Okta is providing a platform for companies to manage corporate IT. He explains that traditional security and management platforms aren’t going to work with the cloud. When moving to the cloud, IT admins face the challenge of securing and controlling users and access, simplifying the adoption and scaling of these applications, and at the same time making sure that the business is optimizing its applications in the cloud. Companies who are using cloud-based applications like Salesforce and Google Apps need an identity and directory service in the cloud as a place where they can store user profiles and more. Okta gives IT managers the ability to maintain one central directory and replicate this to all cloud applications. The company launched the product to public in Janaury. McKinnon says that he originally thought customers would be small to medium businesses, but has recently seen a uptake in large companies using Okta. Companies using Okta include Enterasys Networks, Pandora, T.D.Williamson, AMAG Pharmaceuticals and others. The company says the use of Okta’s on-demand service has ramped up dramatically to power over 1 million authentications per month. And McKinnon envisions a larger empire of cloud IT management services that ‘empower businesses to eliminate cloud adoption barriers.’ Ben Horowitz, who led the company’s Series A round, has said of Okta: Okta’s initial product aims to solve the Cloud identity problem. I like the problem, because it is seriously different in the cloud than it is on-premise and, for new companies, different equals good. He belivees that the market opportunity is huge “because the cloud identity market will likely become the cloud management market. Given that those current markets combined are between $10B and $20B (depending on what you count), the resulting market will be extremely large.” The new funds will be used for sales and marketing efforts, as well as for ramping up distribution. As part of this transaction, David Weiden of Khosla Ventures will become a board advisor, and Aneel Bhusri, co-founder and co-CEO of Workday, will join the Okta Board of Directors. ___________________________ Okta is the market leading on-demand identity and access management service that enables enterprises to accelerate the secure adoption of their web-based applications, both in the cloud and behind the firewall. Okta delivers a complete solution addressing the needs of IT, end-users, and business leaders; no customization required. Okta’s initial service is built on a secure, reliable and extensible on-demand, multi-tenant cloud services platform. That platform will be the foundation for a growing set of core Okta and partner services that empower businesses to eliminate cloud adoption barriers and unlock the potential of the cloud for enterprise users everywhere. The Okta team has built, deployed, and supported market leading, on-demand and enterprise software solutions from companies including Salesforce.com, SuccessFactors, PeopleSoft, Microsoft, Sun and HP. Okta is backed by premiere angel and venture investors including Andreessen Horowitz, Greylock Partners, Khosla Ventures, FLOODGATE and Ron Conway. For more information, visit us at www.Okta.com or follow us on www.okta.com/blog.