Terraspring launches data center-scale computing Grid architecture; Computing GridFremont 18 June 2001 Terraspring announced both its launch and the completion of a new round of funding totalling more than $28 million. Accel Partners, EMC Corporation, Hewlett-Packard Company, and Mohr Davidow Ventures participated in the round. Terraspring has raised equity of $54.5 million to date. Terraspring's Grid Computing Architecture allows for flexible growth and rapid re-purposing of resources resulting in control of massive computing infrastructures.
Terraspring's Grid Computing Architecture provides data center
operators with control over a highly flexible and rapidly fungible computing
infrastructure, allowing them to focus on what is strategic to their businesses.
"This is a game changing technology that will alter the economics of today's
computing infrastructures and enable applications that no one has even thought
of yet," said Ian Bonner, president and CEO of Terraspring. "From here on out,
companies won't be limited by the boundaries of their current infrastructures
and can focus, instead, on new business opportunities."
The technologies, which are extensible to any operating system, application, or
device, optimize computing assets. They can be deployed on a data center scale,
eliminating vast amounts of segmented floor space and reducing the
underutilization of equipment and racks. Terraspring estimates that using its
solution, a 100,000 square foot data center that currently houses 6,000 servers,
could be deployed in an 8,000 square foot facility or in just 8% of the space
required today.
"Web hosting has shifted radically in the last 18 months from the standpoint of
who has more square feet to who can maximize all resources from engineers to
floorspace," says Andrew Schroepfer, President of Tier 1 Research.
"Terraspring's Grid Computing Architecture not only exponentially increases
utilization and automates laborious tasks, but also substantially improves the
process for delivering hosting services."
Terraspring's software gives providers the ability to simultaneously offer multiple applications to multiple customers
on a single, secure infrastructure. It also provides flexibility
for a diverse customer base and the ability to automatically
repurpose resources in a matter of minutes.
The solution enables service providers to offer new
applications to its customers providing additional revenue streams
and increasing its average revenue per customer. Applications
include:
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