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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: Mission Ventures [ Profile ]. Eucalyptus Systems. MaestroDev.

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Nirvanix Names New Engineering VP

socalTECH

Nirvanix is a privately held company backed by more than $23 million in venture funding. Its backers include Intel Capital, Valhalla Partners, Mission Ventures, Windward Ventures and the European Founders Fund. Tags: nirvanix executive engineering storage cloud computing. READ MORE>>.

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

socalTECH

funding, fellow San Diego cloud computing firm RightScale , with $25.0M 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 Other large deals include Santa Barbara-based CytomX , with a $30.0M in funding.