BOSTON--(ProfitBricks, the cloud computing Infrastructure-as-a-Service (IaaS) provider that has completely reengineered the delivery of cloud computing, announced today a partnership with MassChallenge, the largest-ever startup-accelerator, and the first to support high-impact, early-stage entrepreneurs with no strings attached. ProfitBricks partnered with MassChallenge to support its mission of helping entrepreneurs win by providing state-of-the-art cloud computing solutions.)--
“We are happy to be working with ProfitBricks to provide a strong cloud computing solution, guaranteeing the success of our high growth, high impact startups.”
MassChallenge companies have raised more than $260 million in funding and created 2,150 jobs in the last three years. ProfitBricks, in partnership with MassChallenge, will enable each company to receive new, second generation cloud services including virtual servers with almost double the performance of existing cloud providers, flexible minute-by-minute pricing that facilitates real-time scaling of compute resources, and dramatically more simple cloud deployment and management through a completely new Graphical User Interface, known as the Data Center Designer.
ProfitBricks was launched by the founders of 1&1, the largest Internet hosting company in the world. Achim Weiss and Andreas Gauger created the company to fix what is broken with existing cloud infrastructure as a service offerings, specifically their reliance on legacy technologies and architectures which limit performance and network flexibility.
“We continue to provide our entrepreneurs with the best possible means for growing efficiently and effectively,” said Scott Bailey, MassChallenge Director of Partnerships. “We are happy to be working with ProfitBricks to provide a strong cloud computing solution, guaranteeing the success of our high growth, high impact startups.”
ProfitBricks’ cloud architecture more than doubles cloud server and network performance, offers up to 80 Gbit of network speed while offering fully transparent by-the-minute pricing. Another industry first is the ability to scale vertically (without restarting the server) and horizontally with user-defined virtual servers (up to 48 cores and 196 GB of RAM).
“We’re inspired by high growth organizations here at ProfitBricks. Companies like those at MassChallenge are the reason we wanted to fundamentally change the underpinnings of cloud services,” said Robert Rizika, CEO, ProfitBricks, U.S. “Today’s cloud was built by companies that wanted to sell excess compute and storage capacity, and that works well to a point. But our cloud architecture and products have been designed from the ground up as a cloud service, we found incredible advantage in that, now and well into the future.”
ProfitBricks is a global cloud infrastructure provider with a new platform engineered from the ground up to solve many of the problems of 1st generation cloud platforms. ProfitBricks was founded in 2010 by Achim Weiss and Andreas Gauger, previous cofounders of 1&1, which is a majority part of United Internet AG (UDIRF, $3.9B Mkt Cap). With funding from the founders and United Internet, ProfitBricks has built the world’s first true virtual data center technology enabling flexible user defined instances with live vertical scaling capability, class leading cloud storage allotments- all with simple and transparent minute-based billing. Customers can deploy existing and new applications on the ProfitBricks public cloud, or design and build their own private cloud network- all without capital or the limitations, risk and overhead of traditional co-location and dedicated hosting solutions. Headquartered in Berlin Germany and Boston, Mass., ProfitBricks is comprised of over 100 team members from 16 countries. More information is available at ProfitBricks website at www.profitbricks.com.
MassChallenge is the largest-ever startup accelerator and competition, and the first to support high-impact, early-stage entrepreneurs with no strings attached. Benefits for startups include:
- 4 month accelerator program. World-class mentorship and training, free office space, access to funding, media and more.
- $1.1M in Cash Awards. $9M+ in-kind support.
- Open to all. Any startup can enter, from anywhere, in any industry.
- No equity taken. No restrictions applied.
President Obama honored MassChallenge in January of 2011 as one of the nation's best organizations for supporting high-growth entrepreneurs, and MassChallenge was the youngest inaugural affiliate of the Startup America Partnership. The 2012 MassChallenge accelerator received 1,237 applications from 35 countries and 36 states. The program is open to anyone in the world, with any new startup, in any industry. Yearly, 125 of the highest-potential startups receive 3+ months of intensive mentorship and other free resources including office space and targeted introductions to customers and funding sources. The very best startups are identified by expert judges to receive cash awards toward launching their businesses along with enhanced PR and privileged access to top investors seeking to place seed capital to work in high-growth firms. You can read more about MassChallenge at http://www.masschallenge.org/