ParkMyCloud Selected for AOL Incubator

Industry: Computer Software/Services

Fishbowl Labs Accepts Fast-Growing Cloud-Cost-Reduction Company as Newest Promising Startup

Dulles, VA (PRUnderground) March 10th, 2016

ParkMyCloud, the company offering the first programmable on/off switch for idle AWS instances, today announced that it has been selected to join Fishbowl Labs, northern Virginia’s premier incubator for high-growth startups.

“ParkMyCloud is a great example of the type of high-traction, next gen enterprise software business Fishbowl attracts,” said Nicholas Bagg, Managing Director of Fishbowl Labs. “We are excited to have them in the fold and to watch them continue their growth.”

Urgent.ly and Cont3nt are among the more than 30 mobile, B2B, enterprise and cybersecurity software startups that have “graduated” from the AOL program since its inception.

According to ParkMyCloud CEO and Co-Founder Jay Chapel, “Fishbowl is the ideal vibrant and knowledge-rich environment for us. Their resources have already proven to be very helpful as we focus on scaling our business.”

About Fishbowl Labs

Fishbowl Labs, Northern Virginia’s premier incubator, was created by AOL in 2012. Selected early-stage companies work in the most inspiring office space in Northern Virginia for high-growth startups, programmers and designers, alongside over one-thousand of AOL’s internet innovators across engineering, product, design and UX — many of whom are accessible almost daily via office hours and events. Fishbowl Labs offers full access to AOL facilities; connections to world-class technologists, engineers, marketers, and others; and an opportunity to connect with other founders and companies.

About ParkMyCloud

ParkMyCloud is a simple, single-purpose SaaS tool that enables users to automatically schedule on/off times for their idle cloud computing servers (also known as “parking”). Users save up to 60% on cloud server spend by paying only for the time they actually use to avoid wasted spending. Customers include McDonald’s, Sage Software, Neustar, Avid, Wolters Kluwer and Tristar Medical Group. For more information, visit http://www.parkmycloud.com.

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