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Why Has Seed Investing Declined? And What Does this Mean for the Future?

Both Sides of the Table

Between 1999–2005 the costs went down by 90% and between 2005–2010 they went down a further 90%. million and my A Round in 2005 was only $500,000 (and that’s all I ever raised). The reality is that as a result of two major trends the costs of starting a technology startup went down massively.

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ELC Technologies Acquired By Pourzanjani, Rahmat

socalTECH

Kamran Pourzanjani , the former CEO and founder of PriceGrabber.com, and Omid Rahmat , the former CEO of Tom's Hardware, have acquired Portland- and Santa Barbara-based ELC Technologies , the development firm founded by Jonathan Siegel. ELC is known for its cloud computing applications development, and Ruby On Rails development.

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MaestroDev Names President

socalTECH

Manhattan Beach-based MaestroDev , the developer of private cloud computing software, has officially named Doug Dennington as the firm's new President. Damarillo sold Gluecode in 2005 to IBM. Tags: maestrodev private cloud computing software saas executive president. READ MORE>>.

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Morphlabs Raises $5M

socalTECH

Manhattan Beach-based Morphlabs , the developer of cloud computing products headed by Winston Damarillo, announced this morning that it has raised $5M in a Series C funding round. Morphlabs develops products used to manage the deployment of cloud-based infrastructure. READ MORE>>.

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Morphlabs Raises $5.5M

socalTECH

Morphlabs is developing a cloud-based computing appliance which is used to manage and deploy elastic computing clouds. Damarillo is best known for founding Gluecode, which he sold to IBM in 2005, and has since been starting up firms whose basis is open source software. READ MORE>>.

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How Kazuhm Is Reconnecting The Enterprise Cloud, With Tim O'Neal

socalTECH

If you're a large, enterprise company, in recent years, cloud computing has become an increasingly large--and expensive--piece of your information technology (IT) mix. Enterprise cloud budgets are growing astronomically as companies adopt many cloud techniques. Explain what Kazuhm does?

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Understanding Changes in the Software & Venture Capital Industries

Both Sides of the Table

These two trends had a major impact on the computing industry from 2000-2005 but the effects weren’t yet felt by the VC industry. The Emergence of “Open Cloud&# Infrastructure. The biggest change in the software industry beyond open-source was “open cloud.&#.