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BlueCava Gets $13M For Ad Technology

socalTECH

Irvine-based BlueCava , a developer of a cross-screen advertising platform, said Thursday that it has raised $13M in a new funding round. According to the company, the second round of funding came from S3 Ventures, Performance Edge Partners and Zeitgeist Capital. READ MORE>>.

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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. Nirvanix operates a cloud-based storage service, which offers up data storage via a web-based API.

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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. The firm charges by bandwidth and amount of storage, and competes against Amazon's S3 service. Financial impact of the partnership was not disclosed. READ MORE>>

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Nirvanix Shuffles CEOs

socalTECH

San Diego-based Nirvanix, which operates an online, storage-as-a-service which competes against Amazon's S3 storage service, has shuffled its CEOs, the firm said today, replacing CEO Patrick Harr with Jim Zierick. Nirvanix said that Harr is leaving to "pursue a new opportunity."

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Understanding Changes in the Software & Venture Capital Industries

Both Sides of the Table

The trend of funding anything from the first $25k to funding $50 million at a billion+ valuation is unlikely to last as the skills and style to be effective at all stages are diverse enough to warrant focus. I will argue that LPs who invest in VC funds will also need to adjust a bit as well. These are very different.

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Choosing Internet Platforms

SoCal CTO

The basic conclusion was that it was a bit premature if you were talking about a serious, funded start-up. Especially when there are things like: Amazon S3 / EC2 / AWS outage this morning. application services (security, integration), etc. Stamps.com - two back-ends - mainline service vs. marketing site.

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