Joyent

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Joyent
Type Private
Industry Computer Software
Genre Cloud infrastructure
Founded 2004
Key people David Young (CEO)
Jason Hoffman (CTO)
Bryan Cantrill (SrVP Engineering, Product and Services)
Employees 100 (Aug 2011)
Divisions Cloud Software, Cloud Hosting
Website www.joyent.com

Joyent is a cloud computing software and services company based in San Francisco, California, since 2004. Joyent provides application virtualization.

JoyentCloud, Joyent’s hosting business unit, offers Infrastructure as a Service (IaaS) and Platform as a Service (PaaS) for large enterprises.

Contents

[edit] History

[edit] Founding

Founded in 2004, Joyent originally focused on providing a hosted suite of applications (mail, calendar, contacts, etc.).[1] Over time the company has evolved into a cloud computing software and hosting services provider. Cloud services are provided to many well-known companies including Social Game Universe, Traffic Marketplace, THQ and the company hosted Twitter in its early days.[2] Recently,[when?] Joyent has evolved into offering a cloud computing software stack.

[edit] Enlargement

In 2005, the company bought TextDrive, gaining an ASP platform.[3][4]

In 2009, Joyent acquired Reasonably Smart, a cloud startup company with products based on JavaScript and Git.[5] It also licensed its Smart software to Dell.[6] In 2009, it sold off both Strongspace and Bingodisk to ExpanDrive.[7]

In 2010, Joyent purchased LayerBoom, a Vancouver-based startup that provides solutions for managing virtual machines running on Windows and Linux.[8]

Customers of the company include LinkedIn, Gilt Groupe, and Kabam.

Joyent is using a multi-pronged strategy and developing in several directions The JoyentCloud hosting business is focusing on large enterprises and one of the fastest growing segments, online social gaming.[9] Joyent has taken the software stack that evolved over time in the running of their hosted business and is now licensing that software to large hardware companies such as Dell.[10] Joyent uses and supports Node.js.[11][12]

In August, 2011, Joyent open sourced SmartOS, its specialized distribution of Illumos, along with its port of KVM (Kernel-based Virtual Machine).[13]

Joyent is a supporter of open source projects including Node.js, Illumos and SmartOS.[14]

[edit] Financing

In January, 2012, Joyent announced a new round of funding[15] totalling $85 million from Weather Investment II and Telefónica Digital. Earlier investors include El Dorado Ventures, Epic Ventures, Peter Thiel (Seed Round)[16], Intel Capital (Series A, B Rounds)[17], Greycroft Partners (Series A, B Rounds)[18], Liberty Global (Series B Round)

[edit] References

  1. ^ http://techcrunch.com/2005/10/05/the-companies-of-web-20-part-1/
  2. ^ http://www.informationweek.com/news/internet/showArticle.jhtml?articleID=201202195
  3. ^ http://www.thealarmclock.com/mt/archives/2005/11/joyent_buys_tex.html
  4. ^ “TextDrive Sold to Joyent” http://www.blogherald.com/2005/11/30/textdrive-sold-to-joyent/
  5. ^ http://gigaom.com/2009/01/13/joyent-to-buy-reasonably-smart-creating-scalable-open-source-cloud/
  6. ^ http://gigaom.com/2010/03/24/joyent-dell-cloud/
  7. ^ “Startup Joyent Sells BingoDisk and Strongspace” http://gigaom.com/2009/08/13/startup-joyent-ends-bingodisk-and-strongspace/
  8. ^ http://gigaom.com/2010/07/15/joyent-buys-layerboom-to-offer-enterprises-easier-transition-to-the-cloud/
  9. ^ http://gigaom.com/cloud/new-joyent-packages-target-large-scale-online-gaming/
  10. ^ http://bizcloudnetwork.com/2010/dell-to-provide-joyent-cloud-software-solution-to-service-providers/
  11. ^ “Node.js Moves to Joyent” http://jaxenter.com/node-js-moves-to-joyent-32530.html
  12. ^ http://www.readwriteweb.com/cloud/2011/03/joyent-relaunches-nodejs-servi.php
  13. ^ http://www.marketwire.com/press-release/joyent-announces-smartos-with-kvm-an-open-source-modern-operating-system-1549602.htm
  14. ^ http://www.smartos.org/
  15. ^ http://www.joyent.com/2012/01/joyent-secures-85m-in-venture-funding-to-fuel-global-growth-and-continued-innovation/
  16. ^ http://www.crunchbase.com/company/joyent
  17. ^ http://venturebeat.com/2010/09/14/joyent-lands-another-15m-for-cloud-computing-services/
  18. ^ http://www.prnewswire.com/news-releases/joyent-secures-15-million-in-series-c-funding-102849299.html

[edit] External links

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