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Caylent Connects With $16M

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Irvine-based cloud computing services provider Caylent has raised $16M in a growth equity investment round, the company said on Monday. The company said the funding came from East Los Capital. Caylent is led by CEO JP La Torre. The company says its clients are migrating software to AWS.

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DreamHost Raises $30M

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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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What I Learned in 2014: Jeb Spencer, TVC Capital

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Today, we have some thoughts from Jeb Spencer of TVC Capital , a private equity investment company in San Diego. Build a great team that is focused on providing a unique product or service that offers something of great value that your customers simply cannot live without. Then treat these customers well and great things will happen.maybe

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Report: Southern California Venture Capital Totals $464M In Q3

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Venture capital investments in Southern California in Q3 totaled to $464.18M, according to the latest numbers released by the PricewaterhouseCoopers/NVCA Money Tree Report this evening, based on data from Thomson Reuters. billion invested in 780 venture capital deals for Q3. Nationwide, there was $4.8 billion invested in the region.

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Eucalyptus Inks Deal With Amazon

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Amazon is tapping Eucalyptus to make it easier for enterprise customers to migrate their web applications between Amazon and their own IT environments. Eucalpytus, which is venture backed by Benchmark Capital, BV Capital, and New Enterprise Associates, makes software which helps enterprise customers deploy cloud computing infrastructure.

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Eucalyptus Launches Bay Area Test Lab

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Santa Barbara-based cloud computing software firm Eucalyptus has opened up a new, cloud testing lab in the Bay Area, the firm said today. The developer of cloud management and computing software said the new lab will be based at the CoreSite Bay Area data center. READ MORE>>.

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RightScale Launches Hybrid, Private Cloud Management Software

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Santa Barbara-based RightScale , the cloud computing firm backed by Tenaya Capital, DAG Ventures, Benchmark Capital, Index Ventures, and Presidio Ventures, said Tuesdya that it has launched a new product called RightScale myCloud.