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Platform as a Service News

  • IBM bets $1 billion on PaaS to boost cloud apps

    Posted February 24, 2014 - 4:32 pm

    Unsatisfied with the rate of cloud application development, IBM announced on Monday that it is putting $1 billion behind its platform-as-a-service (PaaS) strategy in hopes of encouraging software makers to build many more apps for the cloud and to migrate existing ones there.
  • Red Hat OpenShift upgrade reaffirms commitment to PaaS

    Posted December 3, 2013 - 2:18 pm

    Red Hat has released the second version of its OpenShift Enterprise platform as a service (PaaS), which comes with tools that make it easier to deploy, and provide integration with more hardware options and programming languages. It also is the latest move in the busy PaaS market, which is quickly gaining steam to catch up in importance to the more established IaaS and SaaS markets.
  • Open-source PaaS startup gets $8 million in funding

    Posted August 11, 2011 - 11:10 am

    Cloud-based PHP "Platform as a Service" (PaaS) vendor AppFog on Thursday announced an $8 million round of venture funding.
  • PaaS vendor grabs $10 million in funding

    Posted August 10, 2011 - 3:30 pm

    Venture capitalists continue to pour money into the Platform as a Service (PaaS) market.
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