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Solekai Systems Merges With Fairway Technologies

socalTECH

Two, San Diego-based software development and integration companies-- Solekai Systems and Fairway Technologies --said this morning that they have merged into a new company. Solekai's customer base is in the digital media, smart grid, and IoT areas. Financial details of the merger were not announced. READ MORE>>.

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Rackspace Acquires RelationEdge, Adding to IT Customer Management

Xconomy

San Antonio —Cloud computing giant Rackspace has acquired a company that helps other businesses implement and use the Salesforce software. The deal expands Rackspace’s focus on helping companies use software and computing services, including those of previous competitors.

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Kazuhm Gets Funding For Distributed Computing Software

socalTECH

San Diego-based Kazuhm , a startup developing a distributed computing workload platform, has received a funding round from Analytics Ventures, Analytics said this week. Size of the investment was not announced. Tim O'Neal, a former executive at Intuit, is CEO of Kazuhm.

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Infinitely Virtual Shifts Backup Data Center To Boston

socalTECH

Santa Monica-based Infinitely Virtual , which provides cloud computing and virtual servers to clients, said today that it is moving its backup data center from San Diego to Boston. The firm said the move will allow customers to select a data center of choice for its services. READ MORE>>.

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Infinitely Virtual Completes Data Center Move

socalTECH

Santa Monica-based virtual server and cloud computing provider Infinitely Virtual announced this morning that it has completes its move of its backup data center from San Diego to Boston. The company also said it will begin building a primary hosting facility in Boston, which it says will support customers in mid-summer.

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

socalTECH

For the quarter, San Diego County garnered the most venture capital, with $231.3M The biggest investments in Southern California for the quarter were for San Diego's SkinIt , a maker of customized "skins" for electronic devices, with $60.0M funding, fellow San Diego cloud computing firm RightScale , with $25.0M

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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. So how do you address these odds and win?

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