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Mission Ventures Gets Exit, As TIBCO Acquires Alpine Data

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San Diego-based venture capital investor Mission Ventures has seen an exit in its venture portfolio this morning, at data science and Hadoop software developer Alpine Data. TIBCO said the buy will help it bolster its data science technology and analytics portfolio. in funding.

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Image Metrics Buys Big Stage

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Santa Monica-based Image Metrics , a developer of facial animation technology, announced Thursday morning that it has acquired Big Stage , the developer of avatar creation software. Image Metrics said it would merge Big Stag's avatar creation platform into its existing, real-time video animation technology.

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Ortiva Wireless Acquired By Allot Communications

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La Jolla-based Ortiva Wireless , a developer of wireless video optimization and streaming hardware and software, has been acquired by Allot Communications Ltd. , Allot said it will integrate Ortiva's technology into its Allot Service Gateway product. Financial terms of the buy were not disclosed. READ MORE>>.

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Nirvanix Steals Away Zynga CIO

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Debra Chrapaty, who formerly was CIO of Zynga, also served at Cisco as SVP of its Collaboration Software Group, in addition to working at Microsoft and E*TRADE Technologies. Nirvanix is venture backed by Khosla Ventures, Valhalla Partners, Intel Capital, Mission Ventures and Windward Ventures.

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Four of Southern California's Cloud Computing Startups

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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 ]. MaestroDev. RightScale. Funding: Private [ Profile ].

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Networks In Motion Acquired For $170M

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Aliso Viejo-based Networks In Motion , a developer of location-based, wireless navigation software, has been acquired for $170M. Networks In Motion was venture backed by Redpoint Ventures, Mission Ventures, and Sutter Hill Ventures, and last announced a Series C funding of $10M in early 2006. READ MORE>>.

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Big Stage Adds Animated Avatars Into Skype

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Pasadena-based Big Stage Entertainment , a developer of 3D avatar creation software, has released new software today which allows users of the popular Skype voice calling application to lip synch spoken words through a photo-realistic avatar. Tags: software plugin calling skype virtual avatar entertainment bigstage stage.