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Eucalyptus, Jamcracker Link Cloud Computing Software

socalTECH

Santa Barbara-based Eucalyptus , which develops cloud computing management software, and Jamcracker , a developer of software for provisioning public and private cloud services, said today that the two firms have integrated their software. Tags: eucalyptus jamcracker cloud computing software.

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Four of Southern California's Cloud Computing Startups

socalTECH

One of the most active areas of interest and growth in the technology industry today is cloud computing--the use of computing resources on the Internet, to accomplish tasks that normally would have taken a server farm or local systems. Funding: $42.5M, Benchmark Capital, Index Ventures, Tenaya Capital [ Profile ].

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RightScale Gets $25M For Cloud Computing Software

socalTECH

Santa Barbara-based RightScale , a developer of cloud computing management software, announced this morning that it has raised $25M in a new round of funding. The third round of funding was led by Tenaya Capital, and also included DAG Ventures, Benchmark Capital, Index Ventures, and Presidio Ventures. READ MORE>>.

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MorphLabs Launches New Product, Ties With Zend

socalTECH

Manhattan Beach-based Morphlabs , the developer of cloud computing software run by Winston Damarillo, announced this morning that it has released a "significant upgrade" to its mCloud Controller product. The firm said the release simplifies the process of building and managing internal cloud computing environments.

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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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Solarflare Acquired By Xilinx

socalTECH

Irvine-based Solarflare , a developer semiconductor used for high performance, low latency networking, has been acquired by San Jose-based Xilinx. Solarflare's network interface cards are used in cloud computing, fintech, and other data center applications, where applications require low latency network access. READ MORE>>.

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

Both Sides of the Table

Over the past month a colleague ( Chang Xu ) and I sifted through data on the venture capital industry (as we do every year) and made a bunch of calls to VCs and LPs to confirm our hypotheses. As a result of the IPO window shifting we saw a massive inflow of public-market capital into the latest stages of venture. What gives?