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OrionVM close round of Investment

Australian cloud infrastructure startup OrionVM is proud to welcome Gordon Bell and Stephen Baxter, two of the biggest names in the US and Australian tech space, on-board as Angel Investors.

OrionVM was founded in early 2010 and introduced their high performance cloud platform in April 2011. The team, a trio of university students (on leave) created CloudDC, an Infrastructure-as-a-Service platform,  from the ground up in 15 months. CloudDC has been benchmarked against the leading Cloud platforms worldwide (Amazon’s EC2 and Rackspace’s Cloud Servers) and was independently verified as having the worlds fastest network backed storage performance. In recent months OrionVM has been featured in numerous publications including Channel 10, MSI Financial Review and APC magazine.

Gordon Bell is considered to be the father of the minicomputer. As head of R&D at Digital Equipment Corp, he was responsible for various PDP and VAX computers. He also was responsible for establishing Digital’s first office in Australia. Bell brings to the table a high level of understanding the IT industry in Australia and Silicon Valley as a resident of Sydney and San Francisco.

Along with numerous other internet related businesses Stephen Baxter co-foundered PIPE Networks in 2001, and in 2005 the company was listed on the Australian Securities Exchange. In March 2010 TPG Group acquired PIPE Networks for over $370M. Whilst with PIPE he was CTO then took on a non executive director role whilst working with Google Inc in Mountain View in 2008 and 2009. Mr Baxter offers the company invaluable experience in the running of a large and rapidly expanding tech business.

OrionVM managing director, Sheng Yeo, says he is ‘proud and honored to have industry leaders like Gordon and Stephen show faith in OrionVM’. Yeo also noted the biggest gain is not just money but the vast breadth of knowledge and experience Bell and Baxter bring to the company  in establishing this next generation of computing —we call the cloud. He says the funds will ‘allow OrionVM to double staff, triple CloudDC customer usage and explore an international presence while still delivering the great product and service that our customers have become accustomed to.’

OrionVM services several hundred customers ranging from ASX listed companies to small startups. It’s clients include Wikia.com, Quotify.com.au (owned by Sensis), Getflight.com.au and DesignCrowd.

www.orionvm.com.au





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