OpenStack Foundation Officially Launches with Corporate, Financial Backing
The OpenStack Foundation, an independent entity that is not officially in charge of the cloud operating system, has officially launched, after a year in the works. Rackspace, the co-creator of the project, decided to spin-off OpenStack last year when the more prominent members of the ecosystem argued that it, at least at the time, had too much influence over it.
This complaint has been remedied this week. The OpenStack Foundation has about $10 million in the bank thanks to generous contributions from the ecosystem, and its management is compromised of representatives from all the major backers – including Rackspace.
Rackspace co-founder Jonathan Bryce is resigning from the cloud host to become the full time executive director of OpenStack, and he is joined by a number of other executives from all around the industry. Among them is DreamHost CEO Simon Anderson, who was recently elected to the board of directors.
“DreamHost has a vision to enable the world’s entrepreneurs and developers to create, share and prosper on the Internet,” said Simon Anderson, CEO of DreamHost. “We passionately believe that open source software, and open, compatible cloud services, are the key to the next wave of growth and innovation worldwide. OpenStack is the right platform and community to enable this shift, and the formation of the OpenStack Foundation is another step in demonstrating the long term commitment of the community to this mission.”
In just two short years, OpenStack managed to become a very big deal. VMware went as far as paying $1.2 billion for Nciria in exchange for a piece of the action: the latter firm offers a virtualization platform built specifically for enterprise-scale OpenStack environments. The Network Virtualization Platform is only one solution Nciria’s product line-up, but it was most likely one of the biggest factors that helped seal the deal with VMware.
Since you’re here …
… We’d like to tell you about our mission and how you can help us fulfill it. SiliconANGLE Media Inc.’s business model is based on the intrinsic value of the content, not advertising. Unlike many online publications, we don’t have a paywall or run banner advertising, because we want to keep our journalism open, without influence or the need to chase traffic.The journalism, reporting and commentary on SiliconANGLE — along with live, unscripted video from our Silicon Valley studio and globe-trotting video teams at theCUBE — take a lot of hard work, time and money. Keeping the quality high requires the support of sponsors who are aligned with our vision of ad-free journalism content.
If you like the reporting, video interviews and other ad-free content here, please take a moment to check out a sample of the video content supported by our sponsors, tweet your support, and keep coming back to SiliconANGLE.
