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Caylent Connects With $16M

socalTECH

Irvine-based cloud computing services provider Caylent has raised $16M in a growth equity investment round, the company said on Monday. The company said the funding came from East Los Capital. Caylent is led by CEO JP La Torre. The company says its clients are migrating software to AWS.

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Kazuhm Gets Funding For Distributed Computing Software

socalTECH

San Diego-based Kazuhm , a startup developing a distributed computing workload platform, has received a funding round from Analytics Ventures, Analytics said this week. Size of the investment was not announced. Tim O'Neal, a former executive at Intuit, is CEO of Kazuhm.

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Big tech companies are looking at Hollywood as the next stage in their play for the cloud

TechCrunch LA

This week, both Microsoft and Google made moves to woo Hollywood to their cloud computing platforms in the latest act of the unfolding drama over who will win the multi-billion dollar business of the entertainment industry as it moves to the cloud. in Los Angeles.

Hollywood 254
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Pitching access management on the fly, Los Angeles-based Britive raises $5.4 million

TechCrunch LA

million from LA’s own venture fund, Upfront Ventures and a clutch of security experts. Now, he and Gudanis are trying to solve the issues of identity access management that the new, ubiquitous cloud computing model presents for security officers and developers.

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DreamHost Raises $30M

socalTECH

According to the company, the funding was structured as a $25M term loan and $5M revolving line, and will go towards buying back the stake of one of the company''s founders, to pay down equipment financing, and to make cash available for growth and working capital. The company was advised by DH Capital in the funding. READ MORE>>.

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6 Keys To Getting Beyond Basic Incremental Innovation

Startup Professionals Musings

One of the business ironies that many entrepreneurs have learned the hard way in the past is that ideas which are truly disruptive carry the highest risk of failure, take the longest to gain traction, and thus are the least likely to get external funding. Put the customer at the center of your business concept.

Startup 174
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The Changing Venture Landscape

Both Sides of the Table

And as a result of this there are now very robust secondary markets where founders and seed-funds alike are selling down their ownership long before an ultimate exit. If we wanted to we could have sold > 2x the fund easily in the secondary markets with significant upside remaining. of the fund. dot-com bonanza.