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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 ]. Eucalyptus Systems.

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Nirvanix Names New Engineering VP

socalTECH

San Diego-based cloud storage services provider Nirvanix reported Tuesday that it has hired Chris Russell as vice president of engineering. Nirvanix described Russell as a longtime technology executive with more than 20 years of hands-on experience. Nirvanix said Russell hails from NextEngine, where he was vice president of technology.

Windward 100
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Report: Southern California Venture Capital Totals $464M In Q3

socalTECH

Silicon Valley had the lion's share of the venture funding dollars in Q3, with $1.75 For the quarter, San Diego County garnered the most venture capital, with $231.3M in funding raised; followed by Otonomy , a San Diego maker of treatments for hearing disorders, which raised $38.5M. in funding. in funding.