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Aaron Fyke, Thin Line Capital: The Second Wave Of Cleantech Investing

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There's a new opportunity in clean technology investments, according to venture capitalist Aaron Fyke , the head of a new, Pasadena-based venture capital investment fund, Thin Line Capital (www.thinlinecapital.com). Cleantech had an enormous rise and fall between 20006 and 2009. Lots has changed since 2009.

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Another Big Exit For Local Angels With Mindbody?

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Local angel investors--including the Tech Coast Angels and Pasadena Angels --might just have another big hit on their hands, with the news today that San Luis Obispo-based Mindbody has filed for an IPO. READ MORE>>.

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MindBody Raises $50M

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The company--which develops software-as-a-service which helps local businesses manage scheduling, staff management, point of sale, ecommerce, marketing, and more--said the funding came from Bessemer Venture Partners, Institutional Venture Partners, Catalyst Investors, W Capital Partners and Montreux Equity Partners. READ MORE>>.

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New Matter Gets $6.5M For 3D Printing

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Pasadena-based New Matter , which is developing consumer focused, 3D printers, said today that it has raised $6.5M The funding was led by Alsop Louie Partners, and also included Arden Road Investments, Biotechonomy, Dolby Family Ventures, First Round Capital, Idealab and frogVentures. in a Series A funding round. READ MORE>>.

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Mindbody Confirms $14M For Health and Wellness Software

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The firm is headed by Rick Stollmeyer, and has also received backing from the Pasadena Angels, Tech Coast Angels, and Frontera Capital. The firm said it reached nearly $10M in revenues in 2009, and has over 9,300 customers in 62 countries. Tags: mindbody software saas venture capital. READ MORE>>.

Software 181
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Genmark Diagnostics Files For IPO

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Pasadena-based Genmark Diagnostics , a developer of a diagnostic biomarker detection system, has filed for an IPO, saying it is looking to raised up to $46.0M Efficacy Capital, FMR, Schroders, and Ronin Capital. Efficacy Capital, FMR, Schroders, and Ronin Capital. in an IPO on the NASDAQ Global Market. READ MORE>>.

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XCast Labs Claims Growth

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Los Angeles-based XCast Labs , a provider of voice-over-IP services, is reporting today that it had 48 percent revenue growth in 2009, and now has more than 100,000 users. XCast Labs has previously raised funding from Siemer and Associates, Frontera Capital and the Pasadena Angels. The firm did not disclose financials.

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