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Four of Southern California's Cloud Computing Startups

socalTECH

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. The firm is looking to allow users to play "games in the cloud". Eucalyptus Systems.

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ELC Technologies Acquired By Pourzanjani, Rahmat

socalTECH

Kamran Pourzanjani , the former CEO and founder of PriceGrabber.com, and Omid Rahmat , the former CEO of Tom's Hardware, have acquired Portland- and Santa Barbara-based ELC Technologies , the development firm founded by Jonathan Siegel. ELC is known for its cloud computing applications development, and Ruby On Rails development.

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Announcing The Socaltech 50: Southern California's Up-and-Comers

socalTECH

Chance Barnett , Crowdfunder (Los Angeles, crowdfunding). Allison Beal , StyleSaint (Los Angeles, fashion). Daryl Bernstein , RightSignature (Santa Barbara, software). James Borow and Clark Landry (shared position), SHIFT (Los Angeles, Santa Monica, advertising). Greg Cohn , Burner (Los Angeles, mobile app).

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Report: Southern California Venture Capital Totals $464M In Q3

socalTECH

invested; Los Angeles had $169.7M, and Orange County $63.1M Other large deals include Santa Barbara-based CytomX , with a $30.0M funding, fellow San Diego cloud computing firm RightScale , with $25.0M Tags: venture capital southern california angeles orange county diego moneytree nvca. in investments.

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The Changing Venture Landscape

Both Sides of the Table

At Upfront we have always done 40% of our investing in Greater Los Angeles and it’s precisely for this reason. But we also organize ourselves around practice areas and have done for the past 7 years and these include: SaaS, Cyber Security, FinTech, Computer Vision, Sustainability, Healthcare, Marketplace businesses, Video Games?

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RingRevenue Creates A New Performance Marketing Revenue Channel

InfoChachkie

We met with a ton of VC’s and angels. The more fascinating thing to me though, is how agile development and cloud computing are influencing how these technologies are brought to market. We wanted our investors to have great reputations among their portfolio companies and we wanted a fair set of investment terms.

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