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Networks In Motion Acquired For $170M

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Aliso Viejo-based Networks In Motion , a developer of location-based, wireless navigation software, has been acquired for $170M. TeleCommunications Systems said it was advised by Raymond James & Associates in the deal, with Networks In Motion advised by Jeffries & Co. READ MORE>>.

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Venture Firm: We Missed That Networks In Motion Deal

socalTECH

OVP Venture Partners , a venture firm in Oregon and Washington, is highlighting its latest "missed deal" in Aliso Viejo-based Networks In Motion. NIM, which was acquired last week for $170M, had been backed by venture firms Redpoint Ventures, Mission Ventures, and Sutter Hill Ventures.

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Nirvanix Adds Nasuni

socalTECH

Nirvanix is a provider of a cloud storage service targeted at enterprises and web application developers; Nasuni develops a virtual network attached storage (NAS) file server that runs on VMware. Nirvanix is backed by Intel Capital, Valhalla Partners, Mission Ventures, Windward Ventures, and the European Founders Fund.

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Ortiva Wireless Raises $8M

socalTECH

La Jolla-based Ortiva Wireless , a developer of mobile video optimization technology, confirmed Tuesday afternoon that it has raised $8M in its Series C funding. The round was led by Intel Capital, and also included current investors Comcast Interactive Capital, Artiman Ventures, and Mission Ventures. READ MORE>>.

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Ortiva Wireless Finds $8.0M More

socalTECH

La Jolla-based Ortiva Wireless , a developer of wireless software used for handling video streaming over mobile networks, has raised $8.0M funding round, according to a recent regulatory filing by the firm. The funding included prior investors Artiman Ventures, Mission Ventures, and Comcast Interactive Capital.

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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>>.

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Nirvanix Raises $10M, Names New CEO

socalTECH

San Diego-based Nirvanix , the provider of cloud storage services, said today that it has raised another $10M in a funding, and appointed a new CEO. The firm said the new round is a Series B, and comes from investors Intel Capital, Mission Ventures, Valhalla Partnes, and Windward Ventures.

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