Funding the Cloud: Top VCs Aim for the Silver Lining

There is no shortage of hype in the cloud and in container technology today, but is there any money to be made in new startups that are now entering the space? That’s the question a group of venture capitalists attempted to answer during a panel discussion on Aug. 27 at the OpenStack Silicon Valley event.

Open-source has helped drive developer-led adoption of new technologies in the cloud and, in particular, with containers, said Dharmesh Thakker, general partner at Battery Ventures. Although adoption by developers is a good thing, that doesn’t always necessarily translate into an opportunity for an investor.

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