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Venture Firm: We Missed That Networks In Motion Deal

socalTECH

According to OVP's site, it was approached in 2005 by the CFO of a former portfolio company, who had made money for the firm twice before, begging the firm to invest. Networks In Motion's CFO is Gregg Marston, who was also CFO of Foundstone and Intek Global; he also is a board member of the Orange County Venture Group.

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SoCal Venture Totals Slip, But IT Shines

socalTECH

However, Southern California's IT industry actually saw an increase in investments, bucking a national downturn in IT industry investments. According to the report, investments in Southern California total $421.80M across 51 deals, down from $902.16M and 58 deals in Q3. billion was invested in the U.S. billion in deals.

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Vizio and the Story of the Sleeping Giant

Tech Zulu Event

I am currently at the annual VC in the OC program held in Irvine CA by OCTANe , an organization that connects people and ideas to resources and capital in Orange County. In 2003, Vizio launched in Costco and then in Sams Club in 2005. The keynote speech was delivered by Vizio CEO William Wong and VP & Co-Founder Ken Lowe.

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Interview with Curtis Staker and William Goldbach, Confident Technologies

socalTECH

We bought the assets from Vidoop, which was an LLC that was first established in late 2005 in Tulsa, Oklahoma. It was funded in 2006 with about $8M in investments, and we were fortunate to have the benefit of that investment in the development of the intellectual property.