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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: Mission Ventures [ Profile ]. Eucalyptus Systems. MaestroDev.

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

socalTECH

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 in investments.

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Nirvanix Names New Engineering VP

socalTECH

San Diego-based cloud storage services provider Nirvanix reported Tuesday that it has hired Chris Russell as vice president of engineering. Nirvanix described Russell as a longtime technology executive with more than 20 years of hands-on experience. Nirvanix said Russell hails from NextEngine, where he was vice president of technology.

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