Intel Capital makes investment into Nirvanix
Nirvanix, a San Diego, Calif. storage startup, has received an investment for an amount in the “mid-single digit millions” from Intel Capital, according to the company’s CEO.
That follows an investment of $12 million two months ago, at which point the company said it had signed on 40 customers. Nirvanix directly competes with Amazon’s S3, a remote storage and delivery service for online applications like video.
For a point-by-point comparison of some features Nirvanix offers in its… Continue Reading
Nirvanix, competitor to Amazon’s storage delivery service, raises $12M, as expected
Nirvanix, a San Diego, Calif. company that is competing wth Amazon’s’s S3 by offering a storage delivery service for media applications, has raised $12 million in a funding round, as expected (see earlier coverage; scroll down).
It was led by Mission Ventures and Valhalla Partners with participation from Windward Ventures. Nirvanix will use the funds to expand its so-called Storage Delivery Service (SDS). The company said it has 40 customers. The company raised $2.5 million earlier… Continue Reading
Roundup: Veoh sues, MySpace’s tiny profit, Nirvanix, Wikipedia’s color-coding, more
Here’s the latest action:
Veoh Networks files preemptive suit against Universal Music Group — Veoh, the San Diego video start-up we’ve written about, said it filed the suit to assert its rights as a copyright-compliant company after UMG threatened it with litigation.
Geni gets cloned by a German Verwandt, but there’s also Israeli MyHeritage — Verwandt, the German copycat of the family tree social network company Geni, told us last month it had raised financing from Neuhaus Partners, and… Continue Reading