article thumbnail

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 ].

article thumbnail

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. across three rounds.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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.

article thumbnail

RightScale Rolls Out Grid Computing Product

socalTECH

Santa Barbara-based RightScale , the venture-backed developer of cloud computing management software backed by Benchmark Capital and Index Ventures, said yesterday that it has launched a new product specifically focused on grid processing. Pricing on the new product was not announced. READ MORE>>.

S3 140
article thumbnail

Understanding Changes in the Software & Venture Capital Industries

Both Sides of the Table

In this three-part series I will explore the ways that the Venture Capital industry has changed over the past 5 years that I would argue are a direct result of changes in the software industry, not the other way around. So it’s unsurprising that typical “A rounds&# of venture capital were $5-10 million.

article thumbnail

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 billion invested in the region.

article thumbnail

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. 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. spencer capital 2014 reflections venture' READ MORE>>.

Capital 100