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Nirvanix Shuts Down, Gives Mere Two Weeks To Customers

socalTECH

San Diego-based cloud storage firm Nirvanix is shutting down, and has given its customers only two weeks to move their data elsewhere, in a stunning flameout for the venture backed startup. 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.

Custom 147
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Nirvanix Powers Ooyala

socalTECH

According to Nirvanix, Ooyala is using Nirvanix to help its customers store and manage HD-quality video. The firm charges by bandwidth and amount of storage, and competes against Amazon's S3 service. Nirvanix is backed by European Founders Fund, Intel Capital, Mission Ventures, Valhalla Partners, and Windward Ventures.

Windward 124
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Choosing Internet Platforms

SoCal CTO

The basic conclusion was that it was a bit premature if you were talking about a serious, funded start-up. Especially when there are things like: Amazon S3 / EC2 / AWS outage this morning. Benefit of a proprietary platform can be finding customers. In second venture - compared Salesforce.com vs. S3 - as platform.

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