article thumbnail

ELC Technologies Acquired By Pourzanjani, Rahmat

socalTECH

ELC is known for its cloud computing applications development, and Ruby On Rails development. Rahmat was CEO of Tom's Hardware, which he sold to BestofMedia in 2007. Tags: technologies kamran pourzanjani bestcovery pricegrabber venture capital accel merger acquisition rubyonrails cloud computing. READ MORE>>.

article thumbnail

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. According to Morphlabs, the round was led by Japanese strategic partner BBT, as well as a private, Indonesia-based investor group. READ MORE>>.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Interview: Thorsten von Eicken of RightScale

InfoChachkie

Or would you like me to sell you a story on how cloud computing is green because these large datacenters are more energy efficient than the same number of computers run in ad-hoc ways? Let me answer ‘why computing needs RightScale.’ Computing is going the way of the electric grid. Copyright © 2007-11 by J.

article thumbnail

Opening The Cloud: Marten Mickos, CEO of Eucalyptus Systems

InfoChachkie

I recently spoke with Marten Mickos, the former CEO of MySQL and current CEO of Eucalyptus Systems , the leader in private cloud platforms. Since its origin as an academic research project in 2007, Eucalyptus has become the dominant open source cloud solution, boasting over 25,000 clouds formed.

article thumbnail

How the Seed-Stage VC Trend Began, The Downsides of Unicorns & Much More

Both Sides of the Table

If you want to understand the software trend that drove the creation of the seed-stage VC phenomenon I wrote about it that linked blog post but in short: cloud computing drove down the cost to create startups enabling a new category of investor. But not many others.

article thumbnail

The Changing Structure of the VC Industry

Both Sides of the Table

I highlighted how these tectonic technical shifts have altered the VC industry in this post: How Open-Source & Horizontal Computing Spawned the Micro VC Market. 2007 was the watershed year. Facebook went mainstream after the F8 conference and its big push beyond college campuses. The iPhone was released.

article thumbnail

CallFire Bootstraps 50,000 Signups and Hires Former NetZero CEO

Tech Zulu Event

CallFire simplifies telephony, making sophisticated, expensive carrier-class telecom capabilities available through an easy-to-use GUI and API platform, which the company pioneered in 2007.