Today Factual announced that it raised $25 million from Andreessen Horowitz & Index Ventures. I believe that this is a major new area of growth & innovation for the Internet as Cloud Services start to form deeper & richer layers. Let me explain.
For decades the “layering” of technology has allowed us to develop IT systems and networks in a specialized way that lets best-of-breed technology solutions to emerge at each layer of the stack and to allow people with different skill sets to specialize in key areas without having to have competence in every technology arena.
To read the full, original article click on this link: Data is the Next Major Layer of the Cloud & A Major Victory for Startups | Both Sides of the Table
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