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Windward's Titus Joins San Diego Regional EDC

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David Titus , a venture capitalist at Windward Ventures , has joined the San Diego Regional Economic Development Corporation as Managing Director, Strategic Initiatives, the nonprofit said yesterday. Titus is a co-founder and Managing Director at Windward Ventures, which he co-founded with Jim Cole.

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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

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billion GTCR Fund XI, with additional funding provided by GE Capital and CapitalSource. XIFIN''s backers include Boulder Ventures, Enterprise Partners, and Windward Ventures. GTCR said the investment came from its $3.85 GTCR was advised by Kirkland & Ellis LLP in the deal. READ MORE>>.

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Nirvanix Confirms Funding Round

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San Diego-based Nirvanix confirmed today that the firm has raised $5M in a new venture funding round. According to the firm, the new round came from original investors Intel Capital, Mission Ventures, Valhalla Partners, and Windward Ventures. The funding was first covered by socalTECH M last week. READ MORE>>.

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Nirvanix Shuts Down, Gives Mere Two Weeks To Customers

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Nirvanix had last raised funding in May of 2012, when it took $25M in funding from such backers as Khosla Ventures, Valhalla Partners, Intel Capital, Mission Ventures and Windward Ventures.

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Nirvanix Gets $25M In Series C

socalTECH

San Diego-based cloud storage provider Nirvanix announced this morning that it has raised over $25M in a Series C funding round, which it says will go to "significantly expand" its engineering organization. It appears that the funding comes after a sudden surge in revenue and adoption of the firm's services.

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Nirvanix Adds Nasuni

socalTECH

Nirvanix is backed by Intel Capital, Valhalla Partners, Mission Ventures, Windward Ventures, and the European Founders Fund. Nirvanix is a provider of a cloud storage service targeted at enterprises and web application developers; Nasuni develops a virtual network attached storage (NAS) file server that runs on VMware. READ MORE>>.

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