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Major Amazon S3 Outage Hits Internet

socalTECH

Although Amazon's web services are widely used by Southern California tech startups, it's unclear how many are being affected by the downtime. S3 is used by many websites for storing data, images, and video. READ MORE>>.

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Why Has Seed Investing Declined? And What Does this Mean for the Future?

Both Sides of the Table

You might like to think that a bunch of savvy venture capitalists saw a market niche for raising smaller funds or perhaps there was a generational shift where disgruntled junior partners spun out of bigger firms to start their own gigs. I launched my first startup in 1999 so I know the economics of launching from first-hand experience.

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Storage Trends for 2018: Cloud Storage 2.0 Players Poised to Ascend

Xconomy

In March 2006, Amazon launched Simple Storage Service (S3). Although few people paid much attention at the time, the announcement of S3 marked the beginning of a great migration of data from on-premises storage to the cloud.

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Favor Plans Expansion Into San Diego, Gets $13M

socalTECH

Favor--which is based in Austin, Texas--said it raised $13M in a Series A funding, from S3 Ventures, Silverton Partners, Tim Draper, and other angels, specifically for the expansion move. favor diego uber startup delivery hothouse' The company currently operates in Austin, Boston, Houston and Dallas. READ MORE>>.

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Epics3 Takes On Photo Sharing

socalTECH

Carlsbad-based Epics3 , a new startup focused on photo sharing through Twitter, Facebook, and other web sites, said today that it has launched its services. Epics3 also allows users to serve up photos using their own domain names, and can link photos stored in the service with Amazon S3. READ MORE>>.

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Nirvanix Shuts Down, Gives Mere Two Weeks To Customers

socalTECH

San Diego-based cloud storage firm Nirvanix is shutting down, and has given its customers only two weeks to move their data elsewhere, in a stunning flameout for the venture backed startup. Nirvanix had started life as a competitor to Amazon S3, but in recent years had shifted its focus to supplying cloud storage to enterprises.

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Understanding Changes in the Software & Venture Capital Industries

Both Sides of the Table

I will argue that when the dust settles, although we will have fewer firms, each type well end up more focused on traditional stage segments that cater to the core competencies of that firm. When I built my first company starting in 1999 it cost $2.5 million in infrastructure just to get started and another $2.5 Enter Amazon.