Tuesday, May 24, 2011

Diane Greene, from Startup Founder, IPO CEO to Investor in Typesafe

One of the most successful women of all time in technology, VMWare founder Diane Greene has invested in the hottest trends in business, Typesafe.

Typesafe, founded by German programmer Martin Odersky got Diane Greene interested together with other heavy-hitting investors and advisers, according to Mercury News.

Diane Green has been called the humble executive even though she has been instrumental in many successful startups. In 2007 the IPO of VMWare, which she founded and led as CEO with more than 3000 employees was one of the hottest IPO?s raising more than 1 billion$.

She has been called one of the 50 most powerful women in business. We are glad she has taken a new challenge as investor in Typesafe.

Eight years ago, German programmer Martin Odersky developed a new computer language he hoped would be an alternative to the venerable Java -- one that would let applications scale easily to handle huge workloads. But it wasn't until 2009 that his Scala language really took off, when a San Francisco company decided it needed to keep an ever-growing user base from crashing its network. Its name? Twitter.

Now, with the massively distributed computing architecture known as "the cloud" one of the hottest trends in business, Odersky has launched a company to help more users move their data off proprietary servers and into cyberspace. And last week, Typesafe announced a heavy-hitting roster of investors and advisers.

Bill Kaiser, a venture capitalist at Greylock Partners who is leading a $3 million investment in Typesafe, noted that the cloud is made possible by increasingly powerful processors that can perform a variety of tasks at once, along with software running simultaneously on multiple computers. Odersky said Typesafe's other financial backers include VMWare founder Diane Greene and Facebook vice president Chamath Palihapitiya.

Source: http://www.thenextwomen.com/2011/05/18/diane-greene-startup-founder-ipo-ceo-investor-typesafe

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