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Nirvanix Shuts Down, Gives Mere Two Weeks To Customers

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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.

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

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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. Nationwide, there was $4.8 in investments.

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Nirvanix Gets $25M In Series C

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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.

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Nirvanix Adds Nasuni

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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. Nasuni said it is using Nirvanix to provide its customers with unlimited cloud capacity. READ MORE>>.

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Transaction Wireless Gets $2M More

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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>>.

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Active Storage Rolls Upgraded iPhone App

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Torrance-based Active Storage , a venture-backed developer of RAID products for Apple computers, said this week that it has released an upgraded iPhone application, which allows its customers to monitor its products directly from their phone. READ MORE>>.

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RotoHog Confirms Fundraising

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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>>.