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GRP Partners Backs Cloud Database Firm

socalTECH

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>>.

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Interview with Dale Quayle, FileTrek

socalTECH

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. What our software does, is it allows that collaboration to take place, but also keeps track of that. Our sales and marketing will be in Los Angeles.

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Bringing The Benefit Of Managed Cloud To Enterprises, With Metacloud

socalTECH

Amazon EC2 would be considered fully managed cloud, which also happens to be off premise. With our software, our clients just inherited the ability to use Ceph, and there was nothing they had to do to get that. They didn''t have to play with software upgrades, and they didn''t have to put together a contingency for rollback.

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5 things Silicon Valley gets wrong about Southern California

SoCal Delicious

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.