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Eucalyptus, Jamcracker Link Cloud Computing Software

socalTECH

Santa Barbara-based Eucalyptus , which develops cloud computing management software, and Jamcracker , a developer of software for provisioning public and private cloud services, said today that the two firms have integrated their software. Tags: eucalyptus jamcracker cloud computing software. READ MORE>>.

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Four of Southern California's Cloud Computing Startups

socalTECH

One of the most active areas of interest and growth in the technology industry today is cloud computing--the use of computing resources on the Internet, to accomplish tasks that normally would have taken a server farm or local systems. Funding: Mission Ventures [ Profile ]. Funding: Private [ Profile ]. MaestroDev.

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RightScale Gets $25M For Cloud Computing Software

socalTECH

Santa Barbara-based RightScale , a developer of cloud computing management software, announced this morning that it has raised $25M in a new round of funding. The third round of funding was led by Tenaya Capital, and also included DAG Ventures, Benchmark Capital, Index Ventures, and Presidio Ventures. across three rounds.

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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.

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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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NantHealth Gets Funding From Verizon

socalTECH

Size of the funding was not disclosed. NanHealth said it will use the funding to "accelerate innovation" at the company. NantHealth is looking to provide advanced, next-generation healthcare services by using fiber networks, cloud computing, and wireless technology.

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Redpoint Closes $400M Fund

socalTECH

Redpoint Ventures , said late Monday evening that the firm has closed on Redpoint IV,a $400M, early stage venture capital fund specifically aimed at the social and mobile Internet, cloud computing, and clean technology. The firm said it now has over $2B in management.

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