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BlueCava Gets $13M For Ad Technology

socalTECH

Irvine-based BlueCava , a developer of a cross-screen advertising platform, said Thursday that it has raised $13M in a new funding round. According to the company, the second round of funding came from S3 Ventures, Performance Edge Partners and Zeitgeist Capital. READ MORE>>.

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BlueCava Gets $9.5M For Device ID Technology

socalTECH

in a funding round. The round was led by S3 Ventures, and also included Mark Cuban and Tim Headington. S3's Brian R. Smith joins the company's board along with the funding.

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Nirvanix Shuts Down, Gives Mere Two Weeks To Customers

socalTECH

Nirvanix apparently told some of its biggest partners and customers Monday about the shutdown, although the company has yet to release any public notice of the shutdown plans. The company seemed to be on the upswing, with a long list of high profile customers; the company had even hired Zynga''s CIO earlier this year.

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Favor Plans Expansion Into San Diego, Gets $13M

socalTECH

Favor , a on-demand, mobile delivery app developer, said today that it will be expanding into San Diego in the coming months, thanks to a new, $13M funding round. The company currently operates in Austin, Boston, Houston and Dallas. San Diego will be the company''s first foray into California.

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Why Has Seed Investing Declined? And What Does this Mean for the Future?

Both Sides of the Table

Seed investments are down by any measure (funds, deals, dollars) over the past 3 years in deals < $1 million AND in deals between $1–5 million. As you can see below the number of seed funds shot up dramatically between 2006 and 2014. What gives? why the hell has seed financing declined so much in the past 3 years??

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Nirvanix Raises $10M, Names New CEO

socalTECH

San Diego-based Nirvanix , the provider of cloud storage services, said today that it has raised another $10M in a funding, and appointed a new CEO. The company said that current President and CEO Jim Zierick will continue to serve on its advisory council.

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Nirvanix Shuffles CEOs

socalTECH

San Diego-based Nirvanix, which operates an online, storage-as-a-service which competes against Amazon's S3 storage service, has shuffled its CEOs, the firm said today, replacing CEO Patrick Harr with Jim Zierick. Zierick has also previously been at Peregrine Systems and McKinsey & Company.

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