Enterprise IT looks at the emergence of cloud computing with mixed emotions. On the one hand, financial tough times breed layoffs, consolidation, and outsourcing away from IT’s control. On the other, a new breed of cloud-aware managers look to rationalize the metrics, security, and regulation challenges a distributed model brings. In the middle are companies such as Sonoa Systems, who just announced the closing of a $10 million Series C round of funding, led by Third Point Ventures with current investors Norwest Venture Partners, Bay Partners and SAP Ventures.
Sonoa sits in the middle of the API party, with a $50,000 box that proxies and manages a company’s cloud computing services. The ServiceNet appliance, or a virtual VMWare image for those who have their own hardware at $30K, lets IT manage customers of a company’s APIs with a single policy management system located at the edge of the enterprise. The product provides a library of out-of-the-box policies for content-based metering, profile-based access control, credential mediation, protocol interoperability, and governance, security, compliance, and audit tools.








