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RightScale Adds New Customers

socalTECH

Santa Barbara-based cloud deployment software developer RightScale said Thursday that it has added three new customers, bringing its total number of software-as-a-service providers to more than 100. RightScale's products work in public, private, and hybrid cloud environments. READ MORE>>.

Customer 157
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Eucalyptus, RightScale Get Joint Customer

socalTECH

Santa Barbara-based cloud deployment firms Eucalyptus Systems and RightScale have signed a joint customer, the firms said Tuesday. are using a combined solution from the companies, to launch and manage their own private and hybrid clouds. Financial details of the wins were not disclosed.

Customer 133
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Eucalyptus Systems Raises $30M

socalTECH

Santa Barbara-based Eucalyptus Systems , the cloud computing software developer headed by Marten Mickos , has raised $30M in a Series C round of funding, the firm announced this morning. IVP's Steve Harrick joins the company's board. Eucalpytus said it has now raised a total of $55.5M in capital.

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Eucalpytus Tackles Enterprise Market

socalTECH

Santa Barbara-based Eucalyptus Systems , a developer of software for managing cloud computing infrastructure, said Wednesday that it has rolled out its first commercial offering, focused on enterprise customers.

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The Changing Venture Landscape

Both Sides of the Table

I’m over-paying for every check I write into the VC ecosystem and valuations are being pushed up to absurd levels and many of these valuations and companies won’t hold in the long term. I often answer the same way … * “First, yes, nearly every corner of our market is over-valued. By definition?—?I’m dot-com bonanza.

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Interview: Thorsten von Eicken of RightScale

InfoChachkie

Messenger : Thorsten von Eicken , RightScale’s Co-Founder and CTO, Chief Architect at Citrix Online (formerly Expertcity) and Professor of Computer Science at Cornell University and UC Santa Barbara. Let me answer ‘why computing needs RightScale.’ Computing is going the way of the electric grid.

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

socalTECH

The biggest investments in Southern California for the quarter were for San Diego's SkinIt , a maker of customized "skins" for electronic devices, with $60.0M Other large deals include Santa Barbara-based CytomX , with a $30.0M funding, fellow San Diego cloud computing firm RightScale , with $25.0M in funding.