North Bridge Venture Partners:

North Bridge Venture Partners and the 38 leading cloud organizations today announced the launch of its 2^nd annual Future of Cloud Computing Survey. The survey will capture current perceptions, sentiments and future expectations of cloud computing from industry experts, users and vendors of cloud software, support and services. The goal of the survey is to measure how and to what extent the cloud is being used, the key drivers of growth and change in the cloud, and the impact the cloud is having on IT and business operations. The survey will explore areas such as current use, drivers, barriers, and future plans regarding cloud computing. The survey will also reveal profile information on the types of cloud services currently being used.

Now open to the general public, the survey has a target close date of June 1. North Bridge will be revealing the results at its prestigious Cloud Leadership Dinner on June 19, and then make them available online at www.northbridge.com/software.

“Cloud computing has become an integral component to virtually every organization’s IT strategy, which is why it is critical to understand how this trend is evolving over time,” said Michael Skok, General Partner, North Bridge Venture Partners. “Last year’s survey created a benchmark on the state of the cloud computing industry. With the 2012 survey, we can now measure movement that is being made, as well as the future direction of cloud computing. With nearly 40 leading cloud computing organizations on board to provide valuable insight, we expect to obtain an unbiased perspective from users and vendors that will enable us to understand what it will take to move the meter on cloud adoption.”

The Future of Cloud Computing Survey was launched in 2011 to set benchmarks from which to study and track user and buying trends, similar to the North Bridge Future of Open Source Survey, now in its 6^th year. The Future of Cloud Computing Survey has been endorsed, and will be distributed by 38 other collaborators who have also joined the forum on the Future of Cloud.

To date, these collaborators include:

• Acquia
• Actifio
• Active Endpoints
• Active State
• Akamai
• Akiban Technologies
• Amazon Web Services
• Apperian
• Apprenda
• BitRock
• BlackDuck
• CA
• CCO7
• Citrix
• Couchbase
• Demandware
• Desktone
• Engine Yard
• Eucalyptus
• Flexiant
• MassTLC
• Microsoft
• Mimecast
• Newforma
• Rackspace
• Red Hat
• rPath
• Sand Hill
• SAP
• Scribe
• SIIA
• Signiant
• SpringCM
• Stratus
• The 451 Group
• THINK Strategies
• Unidesk
• VMWare

Take the survey here and follow the 2012 Future of Cloud Computing Survey on Twitter at http://twitter.com/futureofcloud. Join the discussion #FutureCloud

About North Bridge Venture Partners

North Bridge Venture Partners is an active, bi-coastal, early-stage venture capital firm based in Boston, Massachusetts and San Mateo, California. Established in 1994, North Bridge provides seed-to-growth financing and company-building expertise. Together with North Bridge Growth Equity, our mid-market focused growth capital fund, North Bridge manages over $3 billion. For North Bridge Venture Partners, success is derived through a partnership with entrepreneurs that produce industry-leading companies in large emerging markets. Historically, the firm's partners have played a significant role in organizing, starting and building successful companies. Working in concert with entrepreneurs, North Bridge adds value by providing strategic guidance, sharing operating experience, industry specific knowledge, team-building skills and an in-depth understanding of both private and public financings. North Bridge's sector focus includes Software, Communications & Infrastructure, Healthcare Technology, Digital Media, and Materials. For more information about North Bridge, go to www.nbvp.com or @North_bridge.