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DreamHost Readies Wider OpenStack Rollout

socalTECH

Pricing on the cloud-based service has not been announced yet, but the release will further bolster the cloud offerings from DreamHost. DreamHost was named one of the "hottest products" by industry publication at the show, and apparently is getting set for general availability of the service this summer. READ MORE>>.

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IDrive: We're The Biggest Cloud Service In LA You've Never Heard Of

socalTECH

As part of that ramping of its efforts, the company said Friday that is expanding its hiring efforts in Los Angeles--with such positions as software development, marketing and business development, and other titles--as it looks to continue to grow out its staff. The company said it increased its staff by a third last year. READ MORE>>.

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RightScale Rolls Out Grid Computing Product

socalTECH

RightScale said the new software helps companies deploy, monitor, and manage grid processing applications in the cloud. The new software connects into Amazon AWS, and its EC2 (Elastic Compute Cloud), SQS (Simple Queue Service), and S3 (Simple Storage Service) to coordinate grid processing. Pricing on the new product was not announced.

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Why Has Seed Investing Declined? And What Does this Mean for the Future?

Both Sides of the Table

Round sizes of > $100 million or more now account for 47% of all VC dollars (62% if you count rounds > $50 million) This has made venture capital significantly more valuable for VCs and LPs who invest in the best companies As part of our study we noticed a trend many have spotted but few have explained?—?why

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Getting To The Next Level In Cloud Storage, With IDrive

socalTECH

Companies like Dropbox, Microsoft, Google, and many others are setting the standard for those cloud services. So, if you''re a cloud storage provider, how do you get to the next level in terms of your service and company? Number two, is our pricing. They''ve become one of the most successful companies in the cloud storage area.

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This Week in VC with Farb Nivi, Founder of Grockit

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Current round: $3mm in Series B by betaworks (lead)(largest investor in company), Ron Conway, Danny Rimer, Accelerator Group, Roger Ehrenberg, Howard Lindzon. Discussion: Had a long chat about PicClick , a company founded by Ryan Sit in San Diego. Company still in beta. Competes with Seesmic , HootSuite , Brizzly. MetaMarkets.

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Understanding Changes in the Software & Venture Capital Industries

Both Sides of the Table

When I built my first company starting in 1999 it cost $2.5 That’s awesome for users of Salesforce.com or companies that want to cater to them but less awesome for pure startups that want independence and are really just looking for cloud infrastructure. That makes both of these amazing companies great channels for startups.