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Vinny Smith's Toba Capital Backs Sauce Labs

socalTECH

Vinny Smith , the former CEO of Orange County''s Quest Software, has backed a developer of web and mobile application development, via his investment firm, Toba Capital. software quest smith vinny toba integration continuous mobile capital venture labs sauce' READ MORE>>.

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It’s Morning in Venture Capital

Both Sides of the Table

Many observers of the venture capital industry have questioned whether its best days are behind it. Looking ahead at the next decade I am excited by what I believe will be viewed as one of the best and most rational investment periods for venture capital due to seven discrete factors: 1. This article originally ran on PEHub.

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Morphlabs Takes On Amazon AWS With OpenStack Platform

socalTECH

Morphlabs , the developer of cloud-based infrastructure software, announced today that it has launched a new, Openstack-powered public cloud platform. The firm said the new software allows service providers to implement their own, public cloud software--and claims that it out-performs the giant in the market, Amazon Web Services.

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SweetLabs Snags $13M

socalTECH

The round was led by Intel Capital, and also included prior investors Google Ventures and Bessemer Venture Partners. Pokki allows developers to create desktop apps using web technologylike HTML5. According to the company, the new funding goes towards growing Pokki, the desktop app platform it launched in June. READ MORE>>.

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Nirvanix Adds Nasuni

socalTECH

San Diego-based cloud storage provider Nirvanix has added a new customer of the firm's storage service, Nasuni , a Massachusetts startup providing virtual file server software. Nirvanix is backed by Intel Capital, Valhalla Partners, Mission Ventures, Windward Ventures, and the European Founders Fund.

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Above the Cloud with Dave Linthicum | Shifting Perspectives on SaaS and Enterprise IT

Tech Zulu Event

Join us for a special evening with InfoWorld’s Dave Linthicum as he delves into global enterprise software trends with some of LA’s most successful SaaS and cloud computing companies. Featuring panelists from SOA Software , Edgecast and Bitium , we’ll discuss: Top priorities and challenges for today’s CIO. CTO at SOA Software.

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Talk of Broadcom Buyout of Symantec Puts Broader IT Focus Into View

Xconomy

Acquiring Symantec (NASDAQ: SYMC ), which provides services to 350,000 businesses globally, would further its broadening into software services. Though it is one of the largest cybersecurity software providers, Symantec is. The deal hasn’t been finalized and could still fall through, according to Bloomberg.)