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MaC Venture Capital Launches $103M Seed Fund

socalTECH

Los Angeles- and Palo Alto-based MaC Venture Capital has launched a new, $103M seed stage investment fund today, saying it plans to invest in technology startups across the fintech, e-commerce and marketplaces, interactive media, connectivity, enterprise SaaS, space and aerospace, logistics, and other sectors.

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RightScale Links With WaveMaker

socalTECH

Santa Barbara-based RightScale disclosed today that the firm has linked with WaveMaker Software, a developer of a framework for deploying web applications. RightScale, which is venture backed by Index Ventures and Benchmark Capital, develops cloud computing software used to manage and deploy servers. READ MORE>>.

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Interview with David Loo, CEO and Founder of Perspectium

socalTECH

Perspectium recently raised a funding round from TVC Capital. The company is all about data solutions which combine meaningful application frameworks together. All of the big SaaS movement was causing this problem with business processes and data. What is Perspectium? How did you get into this? That's how we started.

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RightScale Launches Hybrid, Private Cloud Management Software

socalTECH

Santa Barbara-based RightScale , the cloud computing firm backed by Tenaya Capital, DAG Ventures, Benchmark Capital, Index Ventures, and Presidio Ventures, said Tuesdya that it has launched a new product called RightScale myCloud.

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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

Let’s set up a framework. There are many times when being overly capitalized before you’re ready is a negative. Plus, most early-stage M&A fails so this isn’t likely a good use of capital for a young company). Availability of Capital. But what IS the right amount of burn for a company?

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Startup CTO or Developer

SoCal CTO

What existing systems will we leverage, what programming languages, software development methodologies, web application frameworks, revision control systems, etc.? What’s our purchase, licensing, SaaS strategy? What technology research is required? What technologies will we use? What other kinds of systems will we likely need?