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Nirvanix Shuts Down, Gives Mere Two Weeks To Customers

socalTECH

San Diego-based cloud storage firm Nirvanix is shutting down, and has given its customers only two weeks to move their data elsewhere, in a stunning flameout for the venture backed startup. Nirvanix had started life as a competitor to Amazon S3, but in recent years had shifted its focus to supplying cloud storage to enterprises.

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Nirvanix Scrambles To Transfer Cloud Data Before Shutdown

socalTECH

San Diego-based cloud storage company Nirvanix has officially shut down its service, saying in a posting on its website that it is actively winding down its business, and is scrambling to transfer data on the cloud storage service to other providers.

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Nirvanix Powers Ooyala

socalTECH

San Diego-based Nirvanix, a provider of storage-as-a-service, said Tuesday that the firm's technology is being used by video delivery firm Ooyala. According to Nirvanix, Ooyala is using Nirvanix to help its customers store and manage HD-quality video. Financial impact of the partnership was not disclosed. READ MORE>>

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This Week in VC with Farb Nivi, Founder of Grockit

Both Sides of the Table

Discussion: Had a long chat about PicClick , a company founded by Ryan Sit in San Diego. Current round: $8.1mm in Series C by S3 Ventures (lead), Adams Capital Mgmt, Triangle Peak Partners. Customer are primarily large media companies (publishers) and their media agencies. Total raised: $5.3mm Read more: TechCrunch. __.