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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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The Changing Venture Landscape

Both Sides of the Table

how on Earth could the venture capital market stand still? One of the most common questions I’m asked by people intrigued by but also scared by venture capital and technology markets is some variant of, “Aren’t technology markets way overvalued? With the enormous changes to our economies and financial markets?—?how Of course we can’t.

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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. So it’s unsurprising that typical “A rounds&# of venture capital were $5-10 million.

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

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RightScale Links With WaveMaker

socalTECH

Santa Barbara-based RightScale disclosed today that the firm has linked with WaveMaker Software, a developer of a framework for deploying web applications. WaveMaker and RightScale said that the two will integrate their products, allowing users who develop apps on WaveMaker to deploy them through RightScale's Cloud Management Platform.

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RightScale Lands $13M

socalTECH

Santa Barbara-based RightScale said today that it has raised $13M, in a second round for the cloud computing software firm. According to RightScale, the round was led by Index Ventures, and also included prior investor Becnhmark Capital. Danny Rimer of Index joins the board as part of the funding. READ MORE>>

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Interview with Neville Spiteri, TheBlu

socalTECH

Neville Spiteri is co-founder of Venice-based WEMO Media (www.wemomedia.com), a new, digital studio whose flagship product is TheBlu (www.theblu.com) an online, interactive experience focused on the world's oceans. Secondly, it's critical that we see the future of entertainment as being on the web, versus at the movie theater.