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Astute Networks Gains New Funding

socalTECH

Amount of the funding was not disclosed. According to Astute, the new funding will go toward expanding its existing company base and gain design wins for its blade storage products. Astute said it is now focused on the ATCA (Advanced Telecommunications Computing Architecture) bladed storage market.

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XIFIN Acquired By GTCR

socalTECH

San Diego-based XIFIN , a developer of cloud-based software for the healthcare diagnostics market, has been acquired by private equity investor GTCR. XIFIN supplies its software in the molecular diagnostics, pain management/toxicology, anatomic pathology, radiology, hospital outreach, medical device and clinical laboratory markets.

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Nirvanix Raises $10M, Names New CEO

socalTECH

San Diego-based Nirvanix , the provider of cloud storage services, said today that it has raised another $10M in a funding, and appointed a new CEO. The firm said the new round is a Series B, and comes from investors Intel Capital, Mission Ventures, Valhalla Partnes, and Windward Ventures. READ MORE>>.

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Nirvanix Ties With CommVault

socalTECH

The CommVault link is the latest in a push into the enterprise market, including the hiring of a number of enterprise and IT focused sales staff last year, links with other backup provider, and network attached storage (NAS) software connected to its service. READ MORE>>.

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Putting the Pedal to the Metal at Amplify

From the Venture Trenches

Now that we no longer commute to Windward Circle we cannot help but feel that Amplify has contributed to our growth as well. Jeff Solomon and Chris Olson are often the last guys to turn out the lights and the first ones in the door on any given morning.

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Putting the Pedal to the Metal at Amplify

From the Venture Trenches

Now that we no longer commute to Windward Circle we cannot help but feel that Amplify has contributed to our growth as well. Jeff Solomon and Chris Olson are often the last guys to turn out the lights and the first ones in the door on any given morning.