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MySpace Startups: Startups From MySpace Vets

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Los Angeles-based MySpace has been among the most visible of Southern California's Internet era success stories, although the site--now owned by News Corporation--has had its own share of ups-and-downs, as well as questions about its future. Here are four startups of them, and what they're doing: Demand Media. www.demandmedia.com).

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SoCal Gets $739M In Venture Capital In Q2

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Southern California companies raised $739M in venture capital in Q2 of 2011, according to the latest numbers from PricewaterhouseCoopers and the National Venture Capital Association (NVCA) based on data from Thomson Reuters. in funding, and San Diego $198.18M in investments. raised for the quarter.

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MaestroDev, Winston Damarillo's Latest Firm, Uncloaks At JavaOne

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Manhattan Beach-based MaestroDev , a firm developing Java build, test, and release tools for the software development community, has uncloaked at the JavaOne conference, exposing the latest firm started by GlueCode founder Winston Damarillo. He's currently heading up Morphlabs , which shares the same address as MaestroDev. READ MORE>>.

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Four of Southern California's Cloud Computing Startups

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Here are a number of Southern California startups who are making waves in the cloud computing, as mined from our subscription venture capital database. Funding: $25.5M, from Benchmark Capital, BV Capital, and New Enterprise Associates [ Profile ]. Funding: Mission Ventures [ Profile ].

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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. Nirvanix had started life as a competitor to Amazon S3, but in recent years had shifted its focus to supplying cloud storage to enterprises.

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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. Nirvanix is backed by Intel Capital, Valhalla Partners, Mission Ventures, Windward Ventures, and the European Founders Fund.

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Insights and Opinions: Tax Extenders Bill Will Stifle Innovation In the US

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For our Insights and Opinions section today, we have an editorial from Robert Kibble , who is a director of the National Venture Capital Association (NVCA), and Managing Partner at Mission Ventures. Tags: capital venture nvca house congress bill extenders opinions insights. Continued.).