VCs Have Their Heads in the Clouds

BusinessWeek
Stacey Higginbotham at GigaOm looks at the attention cloud computing is drawing from the VC community, using Sequoia Capital's invest in Appirio as an example. "The game-changing potential of those services has venture firms sitting up and taking notice," she says. "So far this year companies providing cloud services or building services on top of the cloud have raked in more than $70 million."