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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 Instead of granting permanent access to, there re policy-based pre authorizations that a company can set up defined for specific tasks and roles.

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Solarflare Acquired By Xilinx

socalTECH

Financial details of the acquisition were not anounced. According to Xilinx, the deal will help the company accelerate its "data center first" strategy. Solarflare's network interface cards are used in cloud computing, fintech, and other data center applications, where applications require low latency network access.

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DreamHost Raises $30M

socalTECH

Los Angeles-based hosting company DreamHost is announcing this morning that it has raised $30M in a debt financing round, from Goldman Sachs. Terms of the loans were not announced by the company. The company was advised by DH Capital in the funding. The company said the financing closed November 27th. READ MORE>>.

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Ziff Davis Spins Out Consensus Cloud Solutions

socalTECH

Los Angeles-based Ziff Davis (which until recently was known as J2 Global) has spun out its cloud computing business, Consensus Cloud Solutions, into a new, publicly traded company. According to Consensus, it began trading on the Nasdaq under the symbol CCSI on Friday. Consensus is being led by CEO Scott Turicchi.

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ELC Technologies Acquired By Pourzanjani, Rahmat

socalTECH

ELC is the firm behind startups RightScale, RightCart, and RightSignature, and also provides technology consulting and development to other companies. ELC is known for its cloud computing applications development, and Ruby On Rails development. Financial terms of the deal were not disclosed. READ MORE>>.

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Solekai Systems Merges With Fairway Technologies

socalTECH

Two, San Diego-based software development and integration companies-- Solekai Systems and Fairway Technologies --said this morning that they have merged into a new company. According to both companies, they will continue to operate under their respective names. The combined company now has over 80 engineers.

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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>>.