Australian cloud company reaches for the stars in bid to raise $5 million
OrionVM, an Australian wholesale cloud infrastructure-as-a-service startup is set to embark on a Series A funding round and is looking to raise upwards of $5 million.
The company was founded in 2010 in dorm room of Sheng Yeo co-founders Alex Sharp and Joseph Glannville, who has since left the company, while the trio where studying at the University of Technology Sydney. It’s generating plenty of revenue and has raised a little under $1 million in seed funding.
About a year ago, it set up offices in Silicon Valley to help grow the business in the United States.
“We’re more or less bootstrapped,” Yeo says, shortly after speaking at the Australian Computer Society’s Youth Festival of ICT in Melbourne on Thursday.
THE rise of mobile technology was accentuating the necessity for strong design
skills and higher level programming languages, a leading futurist predicts.
Speaking ahead of this week’s youth festival of ICT, YITCON 2014, Ross
Dawson said design as a concept was shifting to become a large part of what the
technology role was.
“Whilst there is still programming being done, it is as we are moving up the
stack to where there is increasingly the use of frameworks such as Ruby on
Rails or other frameworks on top of other programming languages,’’ he said.
“This changes the nature of how work is done, the nature of the skills that are
required and indeed to a certain degree the transferability of those skills from
different platforms or languages across domains.’’
Mr Dawson, who is a founding chairman of four companies and a globally-
recognised entrepreneur, said mobile was for most people the primary interface
“This accentuates the necessity for design and fantastic design, how do you get
all of this ability to interface with complex information on a very small screen
and make that intuitive, useful and easy, but also that there are different sets of
skills, which are required in terms of the programming languages.’’
He said expertise, creativity and relationships in the broader sense were the
three key areas required for the next generation workforce.
Mr Dawson will be speaking at the Australian Computer Society’s two-day
YITCON 2014 event, which starts on Thursday in Melbourne, about the skills
needed for jobs in the future.