Friday, July 10, 2009

Amazon: Calling all startups

Amazon.com is making plans for its third annual start-up challenge, in which tech companies compete to show which can best leverage Amazon's cloud computing services. The winner gets $100,000 in cash and credits. Startups were an early customer base for Amazon Web Services, and Amazon continues to actively court them, despite its more recent efforts to bring large enterprises, scientists, and others into its cloud.

Amazon is seeking to expand participation in the contest, inviting developers from the U.K., Germany and Israel to take part. The company also set up a separate challenge for using its Flexible Payments and Simple Pay services.

Last year's winner was Yieldex, a New York-based online ad optimization engine for web publishers. The year before that, the top prize went to Silicon Valley video distribution startup Ooyala. Amazon, Madrona Venture Group, and others ended up investing in Yieldex after last year's startup challenge -- a sign that the contest can bring other benefits.

Online applications for this year's competition are due by August 26.

Follow my updates on Twitter.


READ MORE and COMMENT, more 

No comments:

Post a Comment