GigaOm | June 15, 2011

NEA’s Sonsini: Cloud infrastructure still king for VC cash

Apple’s iCloud has brought consumer-focused cloud computing into the limelight recently, and the trend probably represents a golden opportunity for startups looking to raise venture capital. However, the brunt of investment won’t necessarily go toward companies trying to compete with Apple or launch their own consumer clouds.

According to New Enterprise Associates partner Peter Sonsini, the key to getting VC investment in cloud computing is still selling the infrastructure tools that underlie popular cloud platforms.