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DreamHost Raises $30M

socalTECH

According to the company, the funding was structured as a $25M term loan and $5M revolving line, and will go towards buying back the stake of one of the company''s founders, to pay down equipment financing, and to make cash available for growth and working capital. The company was advised by DH Capital in the funding. READ MORE>>.

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Solarflare Acquired By Xilinx

socalTECH

Financial details of the acquisition were not anounced. Solarflare's network interface cards are used in cloud computing, fintech, and other data center applications, where applications require low latency network access. According to Xilinx, the deal will help the company accelerate its "data center first" strategy.

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ELC Technologies Acquired By Pourzanjani, Rahmat

socalTECH

ELC is known for its cloud computing applications development, and Ruby On Rails development. As part of the acquisition, ELC founder Siegel joins venture capital firm Accel Partners in London, as a venture partner. Financial terms of the deal were not disclosed. READ MORE>>.

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What I Learned in 2014: Jeb Spencer, TVC Capital

socalTECH

Today, we have some thoughts from Jeb Spencer of TVC Capital , a private equity investment company in San Diego. 2014 was the most active year in TVC history as measured by the number of investments/acquisitions/follow-ons/exits we completed. spencer capital 2014 reflections venture' READ MORE>>.

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Eucalyptus Snags MySQL CEO

socalTECH

Eucalpytus develops open source, cloud software used to manage cloud deployment, and is venture backed by Benchmark Capital and BV Capital. Mickos was CEO of MySQL for seven years, and headed up the firm until its acquisition by Sun Microsystems--for $1 billion--in 2008.

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Dell Technologies Goes Public About $100M Venture Capital Arm

Xconomy

Austin —Dell Technologies is publicly unveiling a venture capital investment arm that has been quietly investing in startups since the operation was run by EMC, the data storage giant that Dell agreed to acquire for $67 billion in 2015. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

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Microsoft Venture Fund Aims to Harness Early Stage Innovation

Xconomy

The name of the fund—which will back startups focused on cloud computing, machine learning, and security, with an emphasis on technology that complements Microsoft’s own products and services—is Microsoft Ventures. And at the other end is where you’ll typically see our larger investments and acquisitions,” Kashyap writes.

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