Sat.Jul 30, 2016 - Fri.Aug 05, 2016

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Aurrion Acquired by Juniper Networks

socalTECH

Goleta-based Aurrion , a developer of networking semiconductor technology which was spun out of UC Santa Barbara, has been acquired by Juniper Networks , according to Juniper's blog. Financial terms of the acquisition were not disclosed.

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Why Teenagers Make Great Entrepreneurs

Xconomy

It’s a question that often circulates in the business press and on tech blogs. Twenty-somethings also tend to have few external commitments, like a spouse, kids, or a mortgage, which makes startup life easier to manage. The Kauffman Foundation estimates that the average startup cost is approximately $30,000.

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PacketSled Raises $5M for Automated Cybersecurity Monitoring System

Xconomy

PacketSled, a cybersecurity startup based in suburban San Diego, has raised $5 million in a Series A funding round led by Keshif Ventures, a local angel investment fund that has put money into dozens of tech startups in the San Diego area. Two other small funds, Blu Ventures and JHS Ventures joined in the round.