WorldQuant Ventures Invests in Cycle Computing
by Rich Brueckner from High-Performance Computing News Analysis | insideHPC on (#1H6AA)
Today Cycle Computing announced that angel investment firm WorldQuant Ventures has invested in Cycle Computing. This is the company's first outside investment. "We are excited to announce our investment in Cycle Computing," said Steven Lau, Managing Director at WorldQuant Ventures. "Companies in the financial services industry are increasingly turning to computing resources to help meet business and regulatory needs. We believe Cycle Computing's innovative cloud computing platform, along with the growing demand for computing services, provides an attractive investment opportunity for WorldQuant Ventures."
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