VCs Investing in Cloud Computing

Cloud computing, where software applications are hosted online rather than on individual computers, has created new space for investment and innovation, says venture capitalist Ben Horowitz. “Horowitz said there is a parallel to the change that occurred thanks to the PC revolution, which took computing from centralized mainframe computers to the current distributed model. Just as that change required a different networking infrastructure which, in turn, required new types of storage and servers, cloud computing will result in ‘a big wave of technological innovation,’ Horowitz said.”