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… 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… Continue Reading

Roundup: Veoh sues, MySpace’s tiny profit, Nirvanix, Wikipedia’s color-coding, more

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… Continue Reading