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3Tera Acquisition Completes

socalTECH

CA announced Thursday that it has completed its acquisition of Irvine-based 3Tera , a developer of virtualization and cloud computing products. 3Tera's products are used to manage the deployment of both public and private cloud computing. READ MORE>>.

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ELC Technologies Acquired By Pourzanjani, Rahmat

socalTECH

ELC is known for its cloud computing applications development, and Ruby On Rails development. As part of the acquisition, ELC founder Siegel joins venture capital firm Accel Partners in London, as a venture partner. Financial terms of the deal were not disclosed. According to ELC Technologies, Rahmat takes the helm of ELC.

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DreamHost Raises $30M

socalTECH

Dreamhost offers up a wide range of web hosting services, including domain name registration, web hosting, Wordpress hosting, cloud computing, cloud storage, and other services. acquisition merger funding debt capital venture colocation hosting dreamhost' The company said the financing closed November 27th. READ MORE>>.

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3Tera Acquired By Computer Associates

socalTECH

Aliso Viejo-based 3Tera , a developer of cloud computing services and software, is being acquired by CA , CA announced today. Financial terms of the acquisition were not disclosed. According to CA, it will use the acquisition to expand its portfolio of solutions to manage cloud computing. READ MORE>>.

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Eucalyptus Snags MySQL CEO

socalTECH

Mickos was CEO of MySQL for seven years, and headed up the firm until its acquisition by Sun Microsystems--for $1 billion--in 2008. Mickos also serves on the board of another, cloud software firm in Santa Barbara, RightScale, along with Mozilla Messaging and Electrosonic READ MORE>>.

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Pitching access management on the fly, Los Angeles-based Britive raises $5.4 million

TechCrunch LA

LA saw its first big enterprise exit in recent memory with the recent acquisition of Signal Sciences for $775 million, and less than a month later a hometown startup, Britive has raised $5.4 It seems Los Angeles is becoming an enterprise software hotspot. LA gets a big SaaS exit as Fastly nabs the Culver City-based Signal Sciences for $775M.

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Gores Group Buys Astadia

socalTECH

Los Angeles-based private equity firm The Gores Group has acquired cloud computing consulting and systems integrator Astadia , Gores said Monday. Astadia serves enterprise customers, helping them build cloud-based software; the firm says it has 2,600 clients using its services.