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Solarflare Acquired By Xilinx

socalTECH

Irvine-based Solarflare , a developer semiconductor used for high performance, low latency networking, has been acquired by San Jose-based Xilinx. 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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Why Has Seed Investing Declined? And What Does this Mean for the Future?

Both Sides of the Table

Over the past month a colleague ( Chang Xu ) and I sifted through data on the venture capital industry (as we do every year) and made a bunch of calls to VCs and LPs to confirm our hypotheses. As a result of the IPO window shifting we saw a massive inflow of public-market capital into the latest stages of venture. What gives?

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Los Angeles-based Open Raven raises $15 million from KPCB for its security tech to secure hybrid clouds

TechCrunch LA

Now, the company has added to its haul with new capital and the cybersecurity expertise of Kleiner Perkins’ deep knowledge in the space through investors like Ted Schlein and Bucky Moore, who will be taking a seat on the company’s board of directors. and provided by the company. As Cole told dot.la

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Eucalyptus Ties With Groundwork

socalTECH

Santa Barbara-based Eucalyptus Systems , a provider of software for managing cloud computing, has tied with GroundWork Open Source , a developer of open source network and systems management software. Tags: eucalyptus software cloud computing groundwork amazon. READ MORE>>.

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Eucalyptus Sets New CFO

socalTECH

Santa Barbara-based Eucalyptus , the developer of cloud computing software which is backed by Benchmark Capital, BV Capital, and New Enterprise Associates, said Thursday that it has named Ning Wang as its Chief Financial Officer. She also has served at Blue Casa and Bargain Network, as well as McKinsey & Company.

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Making The Enterprise Cloud Real: Unitas Global's Cloud Vision

socalTECH

For all of the consumer adoption of the cloud, enterprise users are still not as bought into the vision of cloud computing as one might think they would be. So, how do you help ease enterprise customers into the cloud--or at least, help them use cloud technology to help them with their business goals?

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Redpoint Closes $400M Fund

socalTECH

Redpoint Ventures , said late Monday evening that the firm has closed on Redpoint IV,a $400M, early stage venture capital fund specifically aimed at the social and mobile Internet, cloud computing, and clean technology. Tags: redpoint venture capital investment. The firm said it now has over $2B in management.

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