A Swedish/European Entrepreneur in Silicon Valley
Nicolai Wadstrom
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Homepage: http://www.wadstrom.net/
Posts by Nicolai Wadstrom
Witsbits close funding round with Chalmers Innovation Fund
Sep 3rd
Gothenburg and Silicon Valley, June 24, 2010
BootstrapLabs company Witsbits® AB, the Scandinavian pioneer in cloud computing solutions for metering and billing of cloud infrastructure today closed a funding round with Chalmers Innovation Seed Fund, a Swedish early stage investment fund.
"The Go-Cloud technology is one of the most exciting solutions in the Cloud computing space right now. It enables Internet carriers, Service and Hosting Providers to quickly do metering and billing of cloud infrastructure." – says Timo Lehes, Chalmers Innovation Seed Fund.
"Chalmers Innovation adds both a capital injection that allows us to grow to the next level, and a network of resources to help us move Witsbits further much quicker." – says Mikael Lirbank, CEO and founder of Witsbits.
The Cloud Hosting Platform Go Cloud™ is a software based Cloud Hosting Platform that turns current infrastructure into a full-blown Public Cloud, including both Storage and Computing. Go Cloud™ enables Internet Carriers and Server Hosting Providers to start selling their capacity through the cloud (electricity) business model. The Go Cloud™ platform provides end-users with access to the hosting providers’ server and Internet capacity in a secure and controlled manner.
Go Cloud™ is a customizable turn-key solution that enables hosting companies to provide their clients with a self-service compute and storage cloud, including billing, high-resolution utilization meters, web-API, management console, and more, from their own premises. All the components required to start selling self-serviced cloud computing are included.
About Witsbits
Witsbits (www.witsbits.com) is a pioneer in cloud computing software solutions. The company is the creator of Go Cloud™, a software suite that quickly turn of-the-shelf servers and infrastructure into a unified compute and storage cloud. It targets Server Hosting Providers and Internet Service Providers who wants to start selling Internet and server capacity in a utility-like fashion – and enable them to “Go Cloud”.
About Chalmers Innovation
Chalmers Innovation is a Swedish investment fund and business incubator that focus on high-tech rapid growth companies. Founded in 1999 by Swedish Chalmers University of Technology, Chalmers Innovation has contributed to the starting of over 90 companies. The succes rate of the incubator is one of the highest in the world with 73 out of 90 companies still in operation. Chalmers Innovation Seed Fund was founded in 2008.
For more information contact:
Nicolai Wadstrom, Witsbits USA, +1 415 935 1469, nicolai@witsbits.com
Timo Lehes, Investment Manager, Chalmers Innovation Seed Fund, +46 702 115 133, timo.lehes@chalmersinnovation.com
Mikael Lirbank, CEO and founder, Witsbits, +46 708 309 588, mikael@witsbits.com
Witsbits® is a registered trademark of Witsbits AB. Go Cloud™ is a trademark of Witsbits AB. All other trademarks are property of their respective owners. Other product or company names mentioned may be trademarks or trade names of their respective companies.
Serial Entrepreneur Lars Hagelin joins BootstrapLabs
Sep 3rd
We are excited to announce that today Lars Hagelin, a Swedish serial entrepreneur joins the BootstrapLabs team.
Lars will focus on media and commerce related projects with-in the BootstrapLabs business lab, and brings over 15 years of experience as entrepreneur, consultant and business angel in the internet, media and interactive gaming industries.
Serial entrepreneur Nils Svangard joins Witsbits
Sep 3rd
BootstrapLabs company Witsbits, add another serial entrepreneur to its advisory board that also invests an undisclosed sum in the company. Witsbits is the company behind Go Cloud™, a software suite that quickly turn of-the-shelf servers and infrastructure into a unified compute and storage cloud, for Internet service providers. More information follows:
Gothenburg, June 1, 2010. Witsbits® AB, the Scandinavian pioneer in cloud computing solutions for metering and billing of cloud infrastructure, today announce that Nils Svangård, a Swedish serial Entrepreneur invests in Witsbits and joins the Advisory team and the board of directors.
For more information contact:
"Witsbits has one of the most promising solutions in the Cloud computing space, that enables big and small Internet carriers, Service Providers and Hosting companies, to quickly and efficiently do metering and billing of cloud computing infrastructure.
What really caught my attention in Witsbits’ Go Cloud Platform is the strong resource metering capabilities with real time usage history. Combined with the strong level of sales automation makes it a must-have product for hosting firms of today."
- says Nils Svangård.
"Nils Svangård is a very valuable addition to our team and our investors. His start-up and technical sales experience helps Witsbits to more quickly attract new customers."
- says Mikael Lirbank, CEO and founder of Witsbits.
Witsbits (www.witsbits.com) is a pioneer in cloud computing software solutions. The company is the creator of Go Cloud™, a software suite that quickly turn of-the-shelf servers and infrastructure into a unified compute and storage cloud. It targets Server Hosting Providers and Internet Service Providers who wants to start selling Internet and server capacity in a utility-like fashion – and enable them to “Go Cloud”. About Witsbits
The Go Cloud™ platform provides end-users with access to the hosting providers’ server and Internet capacity in a secure and controlled manner.
Go Cloud™ is a customizable turn-key solution that enables hosting companies to provide their clients with a self-service compute and storage cloud, including billing, high-resolution utilization meters, web-API, management console, and more, from their own premises. All the components required to start selling self-serviced cloud computing are included.
About Go Cloud™ – the Cloud Hosting Platform
Go Cloud™ is a software based Cloud Hosting Platform that turns current infrastructure into a full-blown Public Cloud, including both Storage and Computing.
It enables Internet Carriers and Server Hosting Providers to start selling their capacity through the cloud (electricity) business model.
Nils Svangård is a Swedish serial entrepreneur with a background of research in Artificial Intelligence at Chalmers University of Technology and past 10 years starting and building companies such as Aitellu AB, ICU Intelligence AB and most recently ICE House AB, a cutting-edge behavioral targeting and realtime advertising platform for advertisers and e-commerce sites. About Nils Svangård
Nils operates a privately held fund for angel investments with focus on emerging and disruptive technologies, since Svenska Spel AB’s (the Swedish Governmental-Owned Gaming Company) recent acquisition of Playscan AB from ICU Intelligence.
For more information contact:
Mikael Lirbank, CEO, Witsbits, +46 708 30 95 88, mikael@witsbits.com
Nils Svangård, Nirusu AB, +46 702 863 763, nils@witsbits.com
Nicolai Wadstrom, Witsbits USA, +1 415 935 1469, nicolai@witsbits.com
Witsbits® is a registered trademark of Witsbits AB. Go Cloud™ is a trademark of Witsbits AB. All other trademarks are property of their respective owners. Other product or company names mentioned may be trademarks or trade names of their respective companies.
The 6 different ways to perceive time
May 28th
Great presentation on a study of how time is perceived by us humans
The Italian reference is very interesting if you have been travelling around Italy a bit. I know that I am the future oriented with a lot of faith in the future, and I rather work and play (but mostly work…), but I try to make my work as fun as play (so I think most of it is really play).
Which of the 6 types are you? What are your thoughts on this way to look at time?
Affiliate programs for restaurant reservations in the US?
May 19th
From one of the BootstrapLabs projects, we have been looking at affiliate programs for restaurant reservations here in the US, but it seems like the only big player in the reservation space is OpenTable, that IMHO has a pretty unattractive affiliate program. They reset earnings each month, they have min. threshold for payment with no roll-over of earnings to next month – and the have a pretty high number of reservations to be useful.
Please comment on experience, thoughts or ideas for other affiliate programs for restaurant bookings!
Google voice transcribe, kind of works
May 18th
Ok, Google Voice is great, and I really enjoy the voice to text function to get searchable voice mails. But sometimes it does not work very well, and turns out pretty funny.
It’s almost as this could be a spammer nonsense text (the actual message is in Swedish, and says something of the tune, translated of course: “I don’t need to pick up my daughter, so can meet at 11.00″ at your office, my mobile number is xxx).
Google Voice “amusement” version:
I spoke to you, give you 1,000,007 and the women’s open for us to kinda circle matter how much on and call me a phone call them and the American way in the that Taylor and while talked. The did come to love him and just wanted to know if the Ball Kai on the phone cut off and a couple of minutes. 2nd Street and I wanted to. I was going also, so we’ll talk over the summer forum. Okay, have, a, also we will be used, for the personal book something going on if you got them all. Dot at the moment. No need to, this is not a sale.
How in the world did Google Voice generate this long message?? (no Swedish is not that verbose!)
Being lean is not always the way to go
May 17th
A very insightful post from Ben Horowitz (as always), he writes about the “fat startup” and the fact that being lean is not a purpose in itself, but rather a mean to an end. And the end os to prove and win the market (before you run out of cash).
Here is my central argument. There are only two priorities for a start-up:Winning the market and not running out of cash. Running lean is not an end. For that matter, neither is running fat. Both are tactics that you use to win the market and not run out of cash before you do so. By making “running lean” an end, you may lose your opportunity to win the market, either because you fail to fund the R&D necessary to find product/market fit or you let a competitor out-execute you in taking the market. Sometimes running fat is the right thing to do.
Full post here.
Anna Wilkens joins BootstrapLabs as Communications Officer
Apr 28th
We are very happy to announce that Anna Wilkens have joined BootstrapLabs as a Communication Officer to work with BootstrapLabs communication, but primarily help our companies implement and manage their communications, web and social media presence.
Anna is a professional Communication Officer with 10 years experience in communication, manages the BootstrapLabs internal and external communication, and help’s our companies be more effective and targeted in their communication strategies and implementation.
ProgrammersHeaven.Com launch Flash section with Adobe
Apr 16th
BootstrapLabs company ProgrammersHeaven.com this week launched a section dedicated to developing applications using Flash and Flex.
The website can be seen here:
http://flash.programmersheaven.com/
And also on the ProgrammersHeaven.com homepage: http://www.programmersheaven.com/
This gives the members at ProgrammersHeaven.com an easy access to flash related resources, as well downloads of SDK’s, Tutorials and a wealth of other information.
Ivory report interview with BootstrapLabs founder Nicolai Wadstrom
Mar 5th
This week Ivory Report, a Swedish analyst company, that provides reports and insight on early stage startups, published an interview with BootstrapLabs’ founder and CEO, Nicolai Wadstrom.
The report covered topics such as differences between the Swedish and Silicon Valley entrepreneurial climate, and eco-systems for innovation.
"Silicon Valley provides a critical mass of skills, risk willingness and capital" – says Nicolai Wadstrom
The report is available in it’s entirety for subscribers to Ivory Report.
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