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6 March 2013, London: SeedCloud (http://www.seedcloud.com), an innovative new incubator program based in London, was unveiled to the public today and announced its first transaction, a £500,000 fundraising for Sentience Technology.
The SeedCloud project, inspired by a clear gap in the market, is the brainchild of Stephen Chandler (ex MessageLabs and Managing Partner at cloud-focussed VC, Notion Capital) and Graham York (ex HP senior CTO and director of a number of enterprise software companies). The entrepreneur-backed program, aims to turn exciting early-stage technology ideas into real businesses with customers and revenues.

Unlike other incubators, SeedCloud brings deep technical expertise and resources to bear to help create a...

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