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Dave Ryan of Mission Ventures On Exits

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Last month, San Diego-based venture capital firm Mission Ventures (www.missionventures.com) sold its portfolio firm, Carlsbad-based 3E , just the latest in a string of exits for the firm, which also included an IPO in Maxlinear earlier in the year. That was a very good exit. READ MORE>>.

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LeisureLink Makes Trio of Hires

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Pasadena-based LeisureLink , the venture-backed provider of a vacation rental marketing system and operator of online booking travel site ABetterStay.com , has made a trio of new hires this week. The company said it has named Tom Lamb as President of the firm, Alex Hansen as CFO, and Adam Michaelson as Chief Marketing Officer.

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Ortiva Wireless Acquired By Allot Communications

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a provider of products for the fixed and mobile data network market, Allot announced this morning. Allot said it will integrate Ortiva's technology into its Allot Service Gateway product. Financial terms of the buy were not disclosed. in revenues for the second half of 2012. in revenues for the second half of 2012. READ MORE>>.

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Nirvanix Raises $10M, Names New CEO

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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

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According to the firms, CommVault has connected its Simpana backup and recovery and archiving software to Nirvanix, allowing CommVault's users to use the Nirvanix online storage service for backup and offsite storage. Nirvanix provides storage-as-a-service through an online network. READ MORE>>.

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LeisureLink Signs Destination Rewards

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Pasadena-based LeisureLink has signed on a loyalty and incentive company, Destination Rewards, as part of its travel services, the firm said earlier this week. LeisureLink's vacation property service markets vacation rentals, timeshares and other properties through online travel sites and travel agents. READ MORE>>

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Interview with Adam Lieber, Webtide

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Adam also had a stint at Mission Ventures, and ran worldwide sales for open source middleware at IBM. We give them options and advice on the best course to reach their goals, such as responding quickly and getting to market faster. We caught up with Webtide to learn more about the firm's open source web server software, Jetty.

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