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Layoffs Hot Keyword for Second Half of January 2009

SoCal CTO

Last month we Launched Los Angeles Tech and in the announcement we provide the Hot List for the first half of January 2009. Top for January 16, 2009 - January 31, 2009 Posts Are You Selling Online Yet? This hot list is based on various social signals of what people are writing about, reading, bookmarking, searching, etc.

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VC Invest $587M In SoCal In Q4, But National Investments Drop 47 Percent In 2009

socalTECH

However, nationally, venture capital numbers were much worse, with venture investments dropping to the lowest level in more than a decade. According to PwC/NVCA, investments in 2009 were at the lowest level since 1997, with only $17.7 Tags: venture capital investment quarterly moneytree thomson reuters.

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VC Invest $587M In SoCal In Q4, But National Investments Drop 37 Percent In 2009

socalTECH

However, nationally, venture capital numbers were much worse, with venture investments dropping to the lowest level in more than a decade. According to PwC/NVCA, investments in 2009 were at the lowest level since 1997, with only $17.7 Tags: reuters thomson moneytree quarterly investment capital venture.

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FastPoint Games Shuts Down

socalTECH

Fastpoint had been venture backed by Mission Ventures and DFJ Dragon Fund, Allen & Co. and SCP Worldwide, and last raised funding in 2009, raising a total of $10M in funding. According to the site, the firm is "winding down" all of its Fastpoint Games branded fantasy sports games over the next 45 days.

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RotoHog Signs Fox Sports On Latin American Deal

socalTECH

Los Angeles-based RotoHog , a developer of fantasy sports games, has inked a deal with Fox Sports on a Spanish-language, fantasy sports game focused on the 2009 Major League Baseball season. Rotohog is venture backed by Allen & Co, DFJ DragonFund, Mission Ventures and Sports Capital Partners. READ MORE>>.

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Fastpoint Games Seeks Buyer, Winds Down Site

socalTECH

Fastpoint had been venture backed by Mission Ventures and DFJ Dragon Fund, Allen & Co. and SCP Worldwide, and last raised funding in 2009, raising a total of $10M in funding. Perdew also says the company is in discussions with potential acquirers, and is hoping to conclude a transaction by the end of the year.

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Meet The VC

SoCal Tech Calendar

Thursday, May 28, 2009 -- Meet The VC. Join us for an informative (and informal) discussion with Dave Ryan of Mission Ventures. Entrepreneurs will have an opportunity to ask many questions and get answers from one of Southern California's most experienced venture investors. This event is for entrepreneurs only.