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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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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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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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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. million in team costs to code, launch, manage, market & sell our software.

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LA’s Replicated looks to increase R&D and hiring for its operations management software after raising $25 million

TechCrunch LA

The Los Angeles-based operations and security management software service, Replicated has raised $25 million to ramp up its staffing and scale its sales and marketing efforts. The funding, which was led by Two Sigma Ventures and included existing investors like Plexo Capital, Amplify, and BoldStart values the company at over $100 million.

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Eucalyptus Revs Software, Targets Enterprise Deployment

socalTECH

Santa Barbara-based cloud computing software maker Eucalyptus Systems , which is run by Marten Mickos, said Tuesday that it has launched a new version of its products, which includes a number of enterprise deployment features. The Eucalpytus software is used to manage enterprise-class private cloud and hybrid clouds.

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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>>.

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