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Eucalyptus Joins In Cloud Computing Alliance

socalTECH

Santa Barbara-based cloud computing software provider Eucalyptus Systems is one of three firms which says they have created a new group focused on bringing self-service, private and hybrid clouds to the enterprise. Tags: eucalyptus cloud computing alliance. 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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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. According to ELC Technologies, Rahmat takes the helm of ELC. READ MORE>>.

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CALIENT Technologies Raises $19.4M

socalTECH

Santa Barbara-based CALIENT Technologies , a developer of photonic switching equipment, said this morning that it has raised $19.4M Calient said its new funding will go towards expanding its products to the data center and cloud computing markets. in a round of venture financing. READ MORE>>.

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The Changing Venture Landscape

Both Sides of the Table

The world around us is being disrupted by the acceleration of technology into more industries and more consumer applications. Technology solutions are now used by authoritarians to monitor and control populations, to stymie an individual company’s economic prospects or to foment chaos through demagoguery. Of course we can’t.

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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. raised, and Irvine-based Brand Affinity Technologies , a.

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RightScale Partners On Business Intelligence Solution

socalTECH

Santa Barbara-based cloud computing software firm RightScale announced today that the firm is partnering with a number of other software providers to deliver business intelligence software on its cloud management platform. RightScale is venture backed by Index Ventures and Benchmark Capital. READ MORE>>.