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Dreamhost, Rincon Back Akanda's OpenStack Efforts

A couple of Southern California investors--Los Angeles-based DreamHost and Rincon Venture Partners--have backed a new OpenStack software startup called Akanda. Akanda announced Monday that it has raised a round of seed funding, from New Dream Network (Dreamhost), The Fabric, Double M Partners, Rincon Venture Partners, Simon Anderson (CEO of Dreamhost), and Matt Ocko. Dreamhost and Rincon are based in LA, and Double M Partners is among one of the more active investors in Southern California startups. More information »