socalTECH
MAY 18, 2011
Los Angeles-based venture capital firm GRP Partners has backed a provider of cloud-based databases, MongoLab , in its Series A funding. The lead investor on GRP's investment in MongoLab was not disclosed. The lead investor on GRP's investment in MongoLab was not disclosed. READ MORE>>.
socalTECH
FEBRUARY 16, 2012
To address that, Los Angeles-based FileTrek (www.filetrek.com) announced a funding round for its cloud-based software for sharing enterprise and business files yesterday. We also have a web experience, and we host that on Amazon EC2. One of the investors, Anthem Ventures, is here in Los Angeles, which is how I got involved.
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socalTECH
JULY 12, 2013
Amazon EC2 would be considered fully managed cloud, which also happens to be off premise. You can really oversubscribe that capital investment, and drive up utilization to something really meaningful, like 80 to 85 percent utilization. That is on premise, off premise, fully managed, and do-it-yourself. That''s what we''re seeing.
SoCal Delicious
AUGUST 28, 2012
I assumed that the people of Los Angeles were disingenuous attention whores and didn’t know anything about technology.”. Just this year, Q2 investments in SoCal and New England were virtually the same, with $838 million and $843 million invested respectively, according to PricewaterhouseCoopers MoneyTree Report.
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