Frost VP is a highly focused investment and incubator vehicle created by Stuart Frost designed to quickly and thoroughly exploit the tremendous opportunities available today in the cloud and big data revolutions. Stuart Frost founded DATAllegro in 2003 and sold the company to Microsoft in 2008 for $275m (26x trailing revenues). Frost VP was created to be a robust and scalable vehicle to take these activities to a whole new level.
Computing is undergoing yet another seismic shift from client-server architectures to cloud computing. The move to the cloud is driven by dramatic improvements in both the agility of software applications and economies of scale that can reduce the costs of corporate computing by as much as 10X. In turn, this is creating a massive explosion in data as large companies start to exploit the new, low cost computing platform (the so-called ‘big data revolution’).