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The Changing Venture Landscape

Both Sides of the Table

how on Earth could the venture capital market stand still? One of the most common questions I’m asked by people intrigued by but also scared by venture capital and technology markets is some variant of, “Aren’t technology markets way overvalued? With the enormous changes to our economies and financial markets?—?how

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

socalTECH

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. raised by companies in the sector.

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ELC Technologies Acquired By Pourzanjani, Rahmat

socalTECH

Kamran Pourzanjani , the former CEO and founder of PriceGrabber.com, and Omid Rahmat , the former CEO of Tom's Hardware, have acquired Portland- and Santa Barbara-based ELC Technologies , the development firm founded by Jonathan Siegel. ELC is known for its cloud computing applications development, and Ruby On Rails development.

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RightScale Lands $15.6M More

socalTECH

Santa Barbara-based RightScale , the developer of cloud computing management software headed by Michael Crandell, has raised $15.6M in a new round of funding, according to a regulatory filing by the company. Details on the funding have not yet been announced by the company. READ MORE>>.

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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. in capital. Eucalpytus said it has now raised a total of $55.5M

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Announcing The Socaltech 50: Southern California's Up-and-Comers

socalTECH

Daryl Bernstein , RightSignature (Santa Barbara, software). James Borow and Clark Landry (shared position), SHIFT (Los Angeles, Santa Monica, advertising). Holden Steinberg , Pagewoo (Santa Monica, advertising). Thorsten von Eicken , Rightscale (Santa Barbara, cloud computing).

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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.