socalTECH

SEPTEMBER 17, 2013

San Diego-based cloud storage firm Nirvanix is shutting down, and has given its customers only two weeks to move their data elsewhere, in a stunning flameout for the venture backed startup. The company seemed to be on the upswing, with a long list of high profile customers; the company had even hired Zynga''s CIO earlier this year.

Custom 147

Custom Customer Windward S3 147

socalTECH

OCTOBER 14, 2010

Venture capital investments in Southern California in Q3 totaled to $464.18M, according to the latest numbers released by the PricewaterhouseCoopers/NVCA Money Tree Report this evening, based on data from Thomson Reuters. billion invested in 780 venture capital deals for Q3. raised by companies in the sector.

Southern California 195

Southern California Venture Capital Orange County Rustic Canyon 195

socalTECH

MAY 3, 2012

The round was led by Khosla Ventures , and also included Valhalla Partners , Intel Capital , Mission Ventures and Windward Ventures, all existing investors in the company. Nirvanix said it has now raised $70M in total capital. READ MORE>>.

Windward 133

Windward Mission Ventures San Diego Organization 133

socalTECH

DECEMBER 9, 2009

The funding came from its existing investors, Mission Ventures and Okapi Ventures. The company said the new funds will go towards ongoing technology and customer deployment and sales and marketing. The firm's customers include AMC Theatres and Bass Pro Shops. READ MORE>>.

Mission Ventures 133

Mission Ventures San Diego Mobile Venture Capital 133

socalTECH

OCTOBER 1, 2009

Los Angeles-based RotoHog , developer of online fantasy sports games headed by Kelly Perdew, has confirmed that the firm's recently $2M funding came from Mission Ventures. In an open letter to customers earlier this week, Perdew said the funding from Mission will help the company grow as a brand. READ MORE>>.

Mission Ventures 133

Mission Ventures Venture Capital Los Angeles News 133

socalTECH

JULY 15, 2009

San Diego-based VMIX , which provides a platform for publishing and managing online video, reports today that it has signed on an ad agency and reseller, which has resulted in more than 30 customers for the firm. Financial impact of the customers were not disclosed. READ MORE>>.

Mission Ventures 100

Mission Ventures Enterprise Partners San Diego Advertising 100

Both Sides of the Table

JULY 10, 2010

This episode of This Week in Venture Capital featured Michael Montgomery, president of Montgomery & Co. Shame they didn’t like his suggested name for the company: DreamWorks SKG-MM. Should you use investment banks to raise venture capital? We discussed: 1. This is often in the 5-7% range.

Venture Capital 242

Venture Capital Mission Ventures Capital Help 242