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Nirvanix Raises $10M, Names New CEO

socalTECH

The firm said the new round is a Series B, and comes from investors Intel Capital, Mission Ventures, Valhalla Partnes, and Windward Ventures. Genereux was most recently at Nirvanix, where he served as Senior Vice President of Worldwide Sales and Marketing. READ MORE>>.

Windward 153
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Nirvanix Hires Three With Enterprise Focus

socalTECH

Nirvanix provides cloud-based storage which can be used by both Internet and web-based businesses, as well as enterprises; the firm recently hired a VP of Sales from Brocade, and in October rolled out CloudNAS, software which creates a network-attached-storage device based entirely on the firm's Internet-based cloud storage API.

Windward 100
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MySpace Startups: Startups From MySpace Vets

socalTECH

Venture backers : Oak Investment Partners, Spectrum Equity, W Capital Partners, Goldman Sachs & Co., Demand offers up a network of online, content driven web sites--plus a healthy domain name registration business--and has garnered lots of attention for specifically creating content for search engines. Generation Partners.

Startup 178
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Interview with Adam Lieber, Webtide

socalTECH

Adam also had a stint at Mission Ventures, and ran worldwide sales for open source middleware at IBM. We caught up with Webtide to learn more about the firm's open source web server software, Jetty. I don't have a long sales cycle, because I'm talking to people who have already chosen Jetty. So far so good.

IBM 100
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The Challenges (& Opportunities) of Starting a Tech Company in LA

Jason Nazar

1 of a product up and running in a few months weeks getting thousands of users for next to no capital, in Los Angeles many folks will take over a year and spend a million dollars just to get a beta product ready. He just pounded out design and code for a few weeks and got Plancast up on the web and users adopting his product right away.

Company 111
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Interview with Eric Hovanec and Steve Reich, LeisureLink

socalTECH

We caught up with Eric Hovanec, the firm's CEO, and Steve Reich, the firm's SVP of Sales, to hear more about the funding. We saw that the company was starting to have some potential to take venture capital, and got a little more involved, recognizing the need to step up management. That was about three years ago.

Startup 113