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Dave Ryan of Mission Ventures On Exits

socalTECH

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. How much involvement did Mission have in that sale?

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Ortiva Wireless Raises $8M

socalTECH

The round was led by Intel Capital, and also included current investors Comcast Interactive Capital, Artiman Ventures, and Mission Ventures. Ortiva's technology is used to optimize the delivery rate of video to mobile phones, based on network conditions and available bandwidth.

SoCalTech 140
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Nirvanix Raises $10M, Names New CEO

socalTECH

The firm said the new round is a Series B, and comes from investors Intel Capital, Mission Ventures, Valhalla Partnes, and Windward Ventures. Genereux was most recently at Nirvanix, where he served as Senior Vice President of Worldwide Sales and Marketing.

Windward 153
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Nirvanix Ties With CommVault

socalTECH

Nirvanix said CommVault customers can select the firm's Storage Delivery Network (SDN) product via a drop-down selection within the Simpana software. Nirvanix provides storage-as-a-service through an online network. READ MORE>>.

Windward 140
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Transaction Wireless Scores $2.25M

socalTECH

The funding came from Mission Ventures and Okapi Ventures. Transaction Wireless said the funding will go towards sales and marketing expansion, technology development, and customer deployment. Leo Spiegel of Mission Ventures and Marc Averitt of Okapi Ventures have joined the firm's board as part of the funding.

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Nirvanix Hires Three With Enterprise Focus

socalTECH

Nirvanix provides cloud-based storage which can be used by both Internet and web-based businesses, as well as enterprises; the firm recently hired a VP of Sales from Brocade, and in October rolled out CloudNAS, software which creates a network-attached-storage device based entirely on the firm's Internet-based cloud storage API.

Windward 100
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MySpace Startups: Startups From MySpace Vets

socalTECH

Demand Media, the internet publishing firm which is in the midst of an IPO effort, is the brainchild of Richard Rosenblatt, who was at the reins of Intermix, the parent firm of MySpace, and brokered the sale of MySpace to News Corporation. Venture backers : Mohr Davidow Ventures, Mission Ventures, Tech Coast Angels, Ron Conway.

Startup 178