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Corent Boosts Funding For SaaS Tools

socalTECH

Aliso Viejo-based Corent , which develops software tools to more easily port traditional software to the software-as-a-service model, has raised $3.2M Corent CEO Feyzi Fatehi confirmed the round, saying that the firm is seeing lots of traction from firms looking to "SaaS"-ify their software. in a funding round.

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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. nirvanix cloud storage shutdown deadpool saas failure' READ MORE>>.

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How To Make Freemium Customers Generate Revenue For Your Startup

InfoChachkie

In the summer of 1999, Expertcity (creator of GoToMyPC and GoToMeeting, acquired by Citrix) released a free service called BuddyHelp. In the spirit of the “land grab” mentality of the day, we emphasized usage of our screen sharing technology with no thought applied to how we would convert such users into paying customers.

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Understanding How Profits are Shifting Across the Computing Value Chain

Tech Zulu Event

There’s a famous scene in Pirates of Silicon Valley (a movie that chronicled the origins of Microsoft and Apple) in which Bill Gates is meeting with IBM executives. The IBM executives agree to license software from Microsoft because “there’s no money in software anyways.”

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With $40 million for AuditBoard’s risk and compliance toolkit, LA’s enterprise startups notch another win

TechCrunch LA

Daniel Kim and Jay Lee, the two founders of AuditBoard , a Los Angeles-based provider of a risk and compliance software service for large businesses, grew up middle school friends in Cerritos, Calif. “We were impressed with AuditBoard’s product and its customer traction. So with Lee’s help, he set out to build one.

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Interview with Elizabeth Cholawsky, HG Data

socalTECH

For this morning's interview, we caught up with Elizabeth Cholawsky , the new CEO of Santa Barbara-based HG Data (www.hgdata.com), which develops software which helps marketers and salespeople understand the "technology stack" of their potential customers and prospects. We sell directly to big enterprises, like IBM and Cisco.

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Interview with Gary Bishop, Network Automation

socalTECH

Our marquis customers are companies like Citibank and Lowe's Corporation, along with many others. We are handling IT processes which are normally the purview of large players like BMC and CA Technology, HP, and IBM--considered the Big 4 in IT administration. About 30 to 45 percent of our business is international.