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RightScale co-founder Siegel Sells Exceptional.io To Rackspace

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Jonathan Siegel , who co-founded Santa Barbara-based startups RightScale, RightCart, and RightSignature, has scored an exit today, and has sold Exceptional Cloud Services , his latest cloud software startup, to cloud hosting provider RackSpace. Financial terms of the acquisition were not announced by the companies. READ MORE>>.

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Central Desktop Adds Greathouse To Board

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Greathouse is a venture partner at Rincon Venture Partners, a faculty member at UC Santa Barbara, and has also previously served as an executive at Citrix Online, Callwave, and Computer Motion. Privately held Central Desktop's software-as-a-service offers project management and other web-centric, collaboration tools for teams.

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OptionEase Ties With Consulting Firm

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According to OptionEase and Avant Advisory Group, the two will provide professional services along with web-based accounting and finance tools. Avant Advisory Group provides CFO, controllership, and other executive and interim management services through its Los Angeles, Newport Beach, and Santa Barbara offices.

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Interview with Zareh Baghdasarian, 15desks

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We've basically taken advantage of all the new technology out there--especially, the web-based service model. They were at UCSB, which needed a tool like this, and after they had developed it, they were trying to see what next steps to take. Later on, when you are at a university, you might manage things like your resume and portfolio.

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