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FreedomPop Adds LTE Phones

socalTECH

Los Angeles-based free wireless phone and broadband service provider FreedomPop said Thursday that it has added support for LTE, and now supports the Samsung Galaxy S4, S3, and Samsung Victory.

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Favor Plans Expansion Into San Diego, Gets $13M

socalTECH

Favor--which is based in Austin, Texas--said it raised $13M in a Series A funding, from S3 Ventures, Silverton Partners, Tim Draper, and other angels, specifically for the expansion move. The company currently operates in Austin, Boston, Houston and Dallas. San Diego will be the company''s first foray into California.

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IDrive: We're The Biggest Cloud Service In LA You've Never Heard Of

socalTECH

Los Angeles-based IDrive has a bold claim: it''s the biggest cloud service provider in Los Angeles. softnet angeles hiring sync backup service cloud idrive' IDrive says that it is in the midst of growing its service, plus bolstering its efforts to improve its service to challenge such growing cloud providers as Dropbox.

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DreamHost Readies Wider OpenStack Rollout

socalTECH

Los Angeles-based web and cloud hosting provider DreamHost looks to be readying its OpenStack cloud offering, DreamCompute, for wider consumption, after showing off the service at the OpenStack Summit in Portland last week. DreamHost has been offering the service in beta since October of last year. READ MORE>>.

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DreamHost Tackles Cloud Storage

socalTECH

Los Angeles-based web hosting provider DreamHost is tapping into Ceph, the open source, scalable storage system project spun out of its own operations, to launch its own object storage service. The new cloud storage service is aimed at Amazon's S3 storage service and Rackspace Cloud Files. READ MORE>>.

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DreamHost Debuts Public Cloud Storage Service Into GA

socalTECH

DreamHost , the Los Angeles-based web hosting and cloud services provider, said Tuesday that it has debuted its DreamObjects public cloud storage service into general availability, aiming the service at application storage, Web site backup, content storage, disaster recovery, as well as personal backups.

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Why Has Seed Investing Declined? And What Does this Mean for the Future?

Both Sides of the Table

What’s astonishing and few other than those who lived it as startups (I launched my second startup in this era) realize is how profound of an impact that rise of Amazon AWS (S3 & EC2) had on the startup market. The “A Round” of my startup in 1999 was $16.5 million and my A Round in 2005 was only $500,000 (and that’s all I ever raised).