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Los Angeles-based private equity firm The Gores Group has acquired cloudcomputing consulting and systems integrator Astadia , Gores said Monday. Astadia serves enterprise customers, helping them build cloud-based software; the firm says it has 2,600 clients using its services.
Los Angeles-based private equity investor Riordan, Lewis & Haden Equity Partners (RLH Equity), has sold one of its portfolio companies, BlueWolf Group , to IBM. Bluewolf provided IT consulting and cloudcomputing for Salesforce.com, and had more than 500 employees spread across 12 offices in the US, Europe, and Australia.
Dorado develops cloudcomputing applications for the financial services industry. Dorado said it previously held a 38 percent equity interest in Dorado. READ MORE>>.
Irvine-based cloudcomputing services provider Caylent has raised $16M in a growth equity investment round, the company said on Monday. The company offers up "container orchestration" software, which is used to deploy software into clouds, such as Amazon Web Services (AWS). Caylent is led by CEO JP La Torre.
Or the Cliff Note’s version: Open Source & CloudComputing (led by Amazon) drove down tech startup costs by 90%. Hedge funds and growth equity firms returning to their traditional segments of the market. The series started here if you want to read from the start.
Those local funds are on top of a massive injection of funding from out of area venture capitalists, private equity funds, family offices, and strategic investors. Investment interests: Consumer Internet, eCommerce, enterprise software, cloudcomputing, financial technology, advertising technology. List ordered by fund size).
Earlier this month, Los Angeles-based web hosting and cloudcomputing provider DreamHost (www.dreamhost.com) raised a big, $30M funding round for the company--the first in the company''s long history. Simon Anderson: DreamHost offers a web hosting, and now, cloudcomputing platform and storage.
Today, we have some thoughts from Jeb Spencer of TVC Capital , a private equity investment company in San Diego. Jeb Spencer is the Co-Founder and Managing Partner of TVC Capital, a growth equity firm focused on the investment in and acquisition of mission critical software companies. READ MORE>>.
Clio , a software company that helps law practices run more efficiently with its cloud-based technology, announced Tuesday it has raised a $110 million Series E round co-led by T. and OMERS Growth Equity. Rowe Price Associates Inc. The round propels the Vancouver, British Columbia-based company to unicorn status, valuing it at $1.6
Clarify who gets equity , and how much. Determine storage options, such as cloudcomputing ( Box , DropBox ). Ask mentors to join your Board of Advisors (for the overall benefit of the company). Building a Team. Determine the company founders and leadership ( partnership , owners, CEO, etc.). Recommended. Recommended.
that broadly covers decentralized applications and possibly even decentralized autonomous organizations (which could imply that in the future VCs need to be more focused on token value and monetization than equity ownership models?—?we’ll dot-com bonanza. Investments in the intersection of data, technology and biology.
The buzz words of SXSW Interactive 2010: cloudcomputing, social, on-demand, sharing, collaboration, Entrepreneurism / Monetization CloudComputing, monetization, Startup. . How UX and the Cloud are Transforming Software. Entrepreneurism / Monetization CloudComputing, Entrepreneurism, SaaS. .
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