Archive for December, 2010

Socially Responsible Web Hosting

Wednesday, December 29th, 2010

Newly launched Web hosting company Cloud Jolt is focused on Web hosting services, as well as an outlet for individuals and businesses to give back to their communities.

This socially responsible business venture was started by four entrepreneurs at Babson College: Augustin Ba, Alex Friedberg, Alex Shearer, and John Rioux.Cloud Jolt notes that for those joining Cloud Jolt, 25 percent of a total payment will be given to the non-profit organization of a person’s choice.

Users will get the opportunity to choose from eight featured charities and can also decide to give to other organizations. Going forward, Cloud Jolt will partner with more charities to give their clients increased choices of causes to support.

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Cloud Phone Call Management Platform

Tuesday, December 28th, 2010

Cloud phone management system Ifbyphone has raised $8 million in Series B funding from the company’s CEO Irv Shapiro, Apex Venture Partners, Origin Ventures, Spring Mill Ventures, i2A Fund and Second Century Ventures (the National Association of Realtors’ investment fund). This brings the Chicago-based company’s total funding to $16 million.

Ifbyphone bought Cloudvox earlier this year.  Cloudvox is a hosted service that allows developers to place, receive, and control phone calls from their own software (including Python, Ruby, PHP, Java, C#, and simple HTTP/JSON).

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Jason Child Heads To Groupon As CFO

Monday, December 20th, 2010

Huge deal for Groupon today, after roughly 12 years at Amazon, Jason Child is joining the red hot social commerce startup as chief financial officer.  Jason was most recently Vice President of Finance for Amazon.com’s $14 billion International business.  Previously, Jason held key finance leadership roles for Amazon in Germany and Japan, also serving in Investor Relations, Technology, Marketing and as Worldwide Corporate Controller.

Prior to Amazon, he spent more than seven years at Arthur Andersen where he was a CPA and Consulting Manager.Here’s Child’s comment on his move:

“Groupon is one of the most amazing businesses I have ever seen. I am thrilled to join a great team that is attacking one of the biggest opportunities in e-commerce today.”

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