That may not be enough to run an actual laptop (the 900MHz Celeron is best known as the chip inside the stripped-down Eee PC) but it should be enough for the mobile Internet devices that are destined to incorporate the new platform. Besides, energy efficiency, not performance, is the Atom's main selling … Read more
Other participating investors include Shasta Ventures, First Round Capital and Felicis Ventures--which were all original backers of Mint.
Benchmark's endorsement is sizeable given that Mint launched less than six months ago. In that time, Mint has signed up more than 160,000 customers for its free personal finance services, according to the company. Mountain View, Calif.-based Mint helps people manage their credit … Read more
If there was an open question as to which venture capital firm is the king of open source, Benchmark just settled that question with its most recent investment in Pentaho, a leading open-source Business Intelligence company. Not surprisingly, Peter Fenton is behind the deal.
Pentaho competes with other open-source BI companies like JasperSoft and Actuate (and I suppose Greenplum, too, in a way), but the more interesting competition is the big proprietary vendors (Business Objects, Cognos, etc.) and the net new opportunities bringing BI to the masses.
It will be intriguing to see how this investment pans out for Benchmark. … Read more
If you're looking for a seasoned, open-source savvy executive team, you might look to MySQL or another leading open-source company. But if you want that team to come with investment dollars attached, you'd do far better to look to Benchmark Capital. In addition to Kevin Harvey (MySQL, Red Hat, etc.) and Peter Fenton (JBoss, Hyperic, SpringSource, etc.), Benchmark just added four new EIRs (Entrepreneurs in Residence), two of which will focus on open-source investment opportunities.
Benchmarks's Bob Kagle notes the importance of EIRs:By bringing seasoned executives into the firm to found new businesses or work with our portfolio companies, everyone benefits. They understand the challenges of running a start-up, and demonstrate by example what it takes to build, manage and lead fast-growth technology companies.
This is particularly true in open source, given the relative dearth of understanding of how to build a successful open-source business. Anyone who needs a hand in doing so will almost certainly want to tap into one of Benchmark's new EIRs: Rob Bearden.… Read more
There are a range of venture capitalists that I like and would work with in a venture. At Alfresco I've been fortunate to work with Robin Vasan (Mayfield) and Kevin Comolli (Accel). I'd happily work with either again. They are entrepreneurial and empathetic. They're also helpful in cracking into a wide range of companies.
One firm with whom I've never formally worked but would engage in a heartbeat is Benchmark Capital. Matt Aslett of The 451 Group gets it exactly right in calling out Benchmark as the secret sauce behind a majority of the industry's successful open-source ventures...and exits:… Read more
Last week, Benchmark announced a $3.5 million investment in Engine Yard, which provides commercial support for Ruby on Rails applications. Engine Yard is doing $3 million in business and growing. It's also profitable. It didn't need the investment.
The investment, however, is very telling. When one of the top venture capital firms on the planet puts hard dollars behind a support model, it's significant. It becomes doubly so when the firm (or its investors) in question previously invested in JBoss, MySQL, SpringSource (Interface21), and other support-based open-source companies.
It may mean that Benchmark knows something that the rest of the industry seems determined to ignore: services-based businesses may well be the future of the software industry.… Read more
Today Yahoo-owned photo service Flickr hit 2 billion user-uploaded photos. The lucky uploader of photo number 2 billion isn't getting a free Flickr pro membership, but Yukesmook's picture of an Australian gum tree has already garnered more than 5,000 views and a slew of happy comments from Flickr users. Rival service Photobucket used to keep a live tracker of how many photos were being uploaded to the service before removing it shortly after the introduction of video hosting, however it was already well past the 2 billion mark in mid-February. In comparison, the latest published stats for … Read more
Back in mid-August, Intel's Nick Knupffer made a promise to casual 3D gamers by suggesting that a new driver update would give systems that use the Intel G965 integrated graphics chipset a much-needed performance boost. I was highly skeptical of this claim, but wanted to put Intel's claims to the test.
To test Intel's claims, I chose an Acer TravelMate 4720-6727 laptop, which uses a 2GHz Core 2 Duo T7300 CPU, 1GB of RAM, an integrated 965GM Express graphic chipset with 384MB memory allocated, and running Windows XP Professional SP2. While this hardware combination is not the … Read more
What came first, the chicken or the egg? For PC gamers, the answer is a no brainer...The advanced hardware comes first, and the game titles that can truly take advantage of that hardware come months, if not years, later. It comes as no surprise that Microsoft's own DirectX 10 page talks about the benefits of DX10 in the future tense: "Many of the newest Windows games will take full advantage of the next-generation graphics technology in Windows Vista called DirectX 10." (Italics added.)
Game developers have little incentive right now to produce games for DX10, as … Read more
VMware has released a public beta version of a virtualization speed test. Called VMmark, it enables people to see how well server hardware runs software using virtualization, which lets multiple operating systems run simultaneously on the same machine to increase efficiency.
The test runs various virtual machines--a database server, file server and Web server--using Novell's Suse Linux Enterprise Server. But it's not for the faint of heart--it requires a server with at least 5GB of memory, and those running Windows tests will need to be members of the Microsoft Developer Network, according to a blog posting by VMware's Bruce Herndon. … Read more