Young OSU grads` cloud computing company rocketed from startup
Transcription
Young OSU grads` cloud computing company rocketed from startup
F E AT U R E S T O R Y Young OSU grads’ cloud computing company rocketed from startup to acquisition target in almost no time By Gregg Kleiner alex polvi hails from a long line of Beavers. “My dad and all four of his brothers have engineering degrees from OSU, and both my siblings are Beavers,” says Polvi, ’07, who grew up on a Christmas Tree farm outside tiny Amity, west of Salem. “There have been 11 of us total so far, including me, so the family joke is that the next one should be free.” Maybe so, but given Polvi’s recent success as a technology entrepreneur in Silicon Valley, he could probably 28 afford to pick up the tuition tab for the next dozen Beavers in his family. Polvi, 25, teamed up with two fellow Beavs — Dan Di Spaltro, ’07, from Bend and Logan Welliver, ’06, from McMinnville — to conceive, cofound and ultimately sell their Silicon Valley startup called Cloudkick, a company that develops software tools used in cloud computing. Polvi’s career trajectory — from his first job running a chainsaw on his family’s tree farm, through various student positions in computer science at Oregon State, to being CEO of the recently acquired startup — has been nothing short of stratospheric. Stratospheric seems a fitting term, because Cloudkick deals with the stratosphere of cyberspace (cloud computing), and the company was acquired last December for an undisclosed but substantial amount — just two years after the Beaver trio launched it (moving from launch to acquisition in under two years is fast even in fast-paced Silicon Valley). Cloud computing lets customers use the Internet to tap server space, software tools and other resources on demand, instead of tying up capital to own computing power, servers and software that are needed only at certain times. Cloudkick’s product is a set of highly visual and easy-to-use tools that enables system administrators to better monitor, analyze and manage the resources they use in their cloud, which might be scattered across the Internet. OREGON STATER Polvi traces his entrepreneurial success back to his time at Oregon State, where he met fellow computer science major Di Spaltro and graphic designer Welliver (whose family counts a half-dozen OSU alumni in its ranks), who would later become his Cloudkick cofounders, collaborators and ultimately cohabiters. “The roots of Cloudkick are really at OSU and the Oregon State Open Source Lab,” says Polvi, who credits Welliver and Di Spaltro for their incredible teamwork and talent while all three of them built the company. As a freshman, Polvi talked his way into a student system administrator position at the Open Source Lab after first being passed over because — he thinks — he showed up for the interview sporting tiedyed socks. Scott Kveton, ’97, then Open Source Lab director, took Polvi under his wing and served as a mentor, leading him to an internship at Google in New York, and then to a real job at Mozilla in the Bay Area SPRING 2011 after graduation. It was at OSU where Polvi worked with professor Tim Budd to establish the Open Source Education Lab. “Tim taught me a whole bunch,” Polvi says. “He was very influential and a great mentor.” Polvi also pulled off some interesting antics on campus, demonstrating both creativity and audaciousness. One summer, he worked with a small team of “fellow geeks who were crazy about Mozilla” to help create a massive crop circle in a field of oats north of Corvallis that depicted the web browser’s logo (watch video: bit.ly/YITGZ). Also, as part of a women’s studies class project at OSU, he and two female students briefly displayed above a sidewalk on engineering row a wellforged banner featuring Sara Jean Underwood — an OSU student who had been selected Playmate of the Year by Playboy Magazine — among a collection of banners highlighting outstanding OSU alumni and their achievements. Polvi’s thirst for new experiences Above: Cloudkick founder Alex Polvi spent part of one OSU summer helping create a giant crop circle of the Firefox browser logo in an oat field north of Corvallis. PHOTO COURTESY FLICKR Top: Young alums Logan Welliver, left, and Dan Di Spaltro, right, founded the company with fellow Beaver Polvi. PHOTO COURTESY CLOUDKICK 29 meant that after a year with Mozilla, he left to launch his own company. In December 2008, Polvi, Di Spaltro, and Welliver launched Cloudkick, another of a seeming gazillion startups that seem to sprout and wither each year in the rich, high-tech compost that fills Silicon Valley. But Cloudkick had a solid product, and three smart cofounders who, as Polvi admits, got lucky. In February of 2009, the company was one of 16 selected by a unique startup incubator called Y Combinator, which gave the starving trio $20,000 in cash, plus access to weekly mentoring sessions with some of Silicon Valley’s finest minds in exchange for a small percentage interest in the company. “Y Combinator is the brainchild of Paul Graham, a luminary in the hacker world,” Polvi says. “It’s a very different — six of whom were fellow OSU approach to venture funding, which alumni — plus an intern working usually involves much larger funds remotely from the OSU campus. focused on far fewer startups.” Part of Cloudkick’s edge is that The Y Combinator seed funding and its products are highly visual and mentoring connections give a select simple to use. The visual sophisticahandful of fledgling startups operattion is thanks to Welliver’s OSU ing cash for three months, at the end education in graphic design and the of which they give a six-minute pitch time he spend working as creative about their company to a roomful of director for a Portland web design venture capitalists and Silicon Valley firm before moving to the Bay Area brass. to join Polvi and Di Spaltro. Polvi, Welliver and Di Spaltro Di Spaltro and Polvi shared genstretched the cash to last eight months eral management duties. “Dan was while they scoured the Valley for fundresponsible for writing a lot of the ing and further developed their product. software, managing the engineering “It was 2009, a horrible time to be team, working with big customers, trying to raise money,” Polvi says. “And dealing with investors and helping we were a very inexperienced team out partners,” Polvi says. with no business background.” On Dec. 15, 2010, exactly two But in August 2009, as the trio was years to the day from when they running on financial fumes, they landed founded Cloudkick, Polvi, Di a $750,000 investment from Avalon Spaltro and Welliver closed the Ventures. They all moved into a house acquisition deal with Rackspace, the in San Francisco that served as both nation’s no. 2 player in cloud comhome and office, where the Beaver flag puting (second only to Amazon) was proudly flown, and they hired their for an undisclosed but substantial first employee, Paul Querna, who had amount. worked with the Oregon State Open Although they can now all afSource Lab when he was vice president ford to buy their own homes, Polvi of infrastructure at the Apache Softdoesn’t own a car and the three ware Foundation. cofounders still live together in the Six months later, in February 2010, San Francisco house, which served Avalon Ventures came forward with as the Cloudkick office until the another infusion of cash for Cloudcompany outgrew it and rented kick — $2 million this time — a clear space at The Farm, a former comindication that the OSU grads were on munity center and organic farm that to something big. Less than a year later, has a reputation for hosting punk Cloudkick had grown to 12 employees rock recording sessions. 30 What’s next for Polvi? For the near future, he’ll be working for Welliver, Di Spaltro and Rackspace, yet another new experiPolvi sit for a portrait ence he’s pumped about jumping in a studio at Cloudkick into. headquarters. PHOTO “Part of the deal with Rackspace COURTESY CLOUDKICK was that they wanted a Bay Area presence, so I’ll be managing the opening of their San Francisco office,” Polvi says, noting that it will be nice to have access to the resources at San Antonio, Texasbased Rackspace, which employs 3,500 people and is valued at approximately $4 billion. “Rackspace will be working to secure its spot as a world leader in cloud computing,” says Polvi. “And I’m excited about helping them get there.” Beyond that, who knows? “I love new experiences that ultimately help people,” he says. “At the end of the day, I think that’s what it’s all about, helping people. That’s what we did at Cloudkick, created a tool that helps people do their job better. And that’s what I’ll be doing at Rackspace.” One of the immediate ways Polvi hopes to help others is by hiring more OSU alumni and interns at Rackspace’s new San Francisco digs. “We’re hiring interns all the time, so if you want to work with a bunch of other Beavers, get in touch,” he says, acknowledging that the Beaver flag will definitely be flying at the new office space. “If you enjoy what you’re doing, work is life,” he says. q Gregg Kleiner is a freelance writer based in Corvallis. OREGON STATER