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Biotech Roundup: Hellos, Goodbyes, “Cures” Delays And Trial News

Xconomy

Our San Diego editor Bruce Bigelow penned a personal goodbye to entrepreneur Larry Bock, who died last week of pancreatic cancer at the age of 56. based MRC Technology sold a portion of its royalty stake in Merck’s cancer immunotherapy drug pembrolizumab (Keytruda) to DRI Capital for $150 million. Or not. —With $1.25

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San Diego Tech Coast Angels Honor John G. Watson With Memorial Fund

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Watson Foundation , which will support entrepreneurism in the San Diego region. and was president of Ionian Technologies in San Diego.

Windward's Titus Joins San Diego Regional EDC

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David Titus , a venture capitalist at Windward Ventures , has joined the San Diego Regional Economic Development Corporation as Managing Director, Strategic Initiatives, the nonprofit said yesterday. Tags: economy diego capital venture titus david ventures windward Windward has raised its last fund in 2000.

San Diego's Lindzon Re-Ups On TicketFly

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Prolific San Diego angel investor Howard Lindzon , the CEO and founder of Stocktwits , has re-upped in Ticketfly , a social event ticketing service. Lindzon was an investor in Ticketfly's earlier, May 2010 round. howard lindzon angel investor stocktwits ticketfly venture capital

The Yo-Yo Life of a Tech Entrepreneur – A Cautionary Tale

Both Sides of the Table

So I hustled around and convinced a new investor to put in $18 million.  We were now set to close at $46 million in new capital. You can do it.

Report: Southern California Venture Capital Totals $464M In Q3

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Venture capital investments in Southern California in Q3 totaled to $464.18M, according to the latest numbers released by the PricewaterhouseCoopers/NVCA Money Tree Report this evening, based on data from Thomson Reuters. billion invested in 780 venture capital deals for Q3. Nationwide, there was $4.8 billion invested in the region.

Bevo Media Acquired By Vize Capital

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San Diego-based Bevo Media , an online ad exchange and ad tracking platform developer, has been acquired by private equity investor Vize Capital. Bevo Media was founded in 2010, and plays in the performance marketing area. bevo media vize capital performance advertising exchange merger acqusition ryan bukevz

Castle Access Gets Investment For Data Centers

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San Diego-based Castle Access , a provider of enterprise data center services, said today that it has received a multi-million dollar, strategic equity financing. The firm says it has a 88,000 square foot SAS 70 Type II audited facility in San Diego. The amount of the investment was not disclosed. Piper Jaffray & Co.

TCA's Ralph Mayer Joins Angel Capital Association Board

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Ralph Mayer , most recently the chairman of angel group the Tech Coast Angels , has just been appointed to the Angel Capital Association 's board of directors, the group said Thursday. Mayer heads up the TCA's San Diego network, and also sits on the board of Airsis. angel investment venture capital executive ralph mayer

Eight Repeat Entrepreneurs To Watch In SoCal

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His new site, Mahalo, is focused on people-based, online search, with backing from Seuqoia Capital and Elon Musk, among others. Profile. 2.

Raising Capital Today

SoCal Tech Calendar

Tuesday, September 14, 2010 -- Raising Capital Today. What does it take for a San Diego company to raise a round of capital in today's market? Specific to the software, communications and IT sectors - what is of interest to capital sources. SDSIC. What is the market environment like for companies, and VCs?

Q3 Venture Investments For SoCal Total Around $1.0 Billion

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billion in investments, according to the Q3 analysis of venture capital deals by socalTECH.com. According to an analysis of socalTECH's proprietary database of venture capital deals, venture investors invested slightly more than the $966M in Q3 of 2009, but less than the $1.6 Southern California venture totals for Q3 totaled around $1.0

Southern California Investments On Uptick, Totals $686.5M For Q1

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Southern California venture capital investments totaled $686.5M for the quarter, up from both Q4 of last year as well as the comparable Q1 quarter in 2009, according to the latest numbers from PricewaterhouseCoopers and the NVCA. billion in investments in 681 deals in the first quarter of 2010. received in the region in Q1 of 2009.

Interview with Noah Auerhahn, Extrabux

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For this morning's interview, we talked with Noah Auerhahn , President of San Diego-based Extrabux (www.extrabux.com), an online site focused on providing consumers with comparison shopping combined with discount offers. Noah, thanks for the interview. For people who haven't heard of ExtraBux, what is the site all about? Thanks!

CPC 7

This Week in Venture Capital – Episode 4

Both Sides of the Table

11.2mm in Series A, rumored pre-money of $35mm; $1.6mm angel raised in Jan 2010. Tags: This Week in Venture Capital VC Financings: 1. 

Anametrix Gets Funding, Adds Advisors

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Senturia is CEO of Blackbird Ventures, and a notable San Diego angel investor. Details on the new private investment was not disclosed.

SEM 3

An Investment Banking Oracle's Perspective on the Venture Capital Industry

SoCal Tech Calendar

Wednesday, January 27, 2010 -- 2010 VC Outlook: An Investment Banking Oracle's Perspective on the Venture Capital Industry. San Diego Venture Group. See [link] (more

Interview with Ken Rutkowski, The Founder Institute

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Ken Rutkowski is the man making happen here. As President of the L.A. What do participants get out of the Founder Institute? Ken Rutkowski: $600.

EMN8 Gets $3.1M More

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San Diego-based EMN8 , a developer of automated order taking kiosks for the fast food and retail industry, has raised another $3.1M in funding, according to a regulatory filing by the firm today. Tags: emn8 venture capital kiosk retail No details have been announced yet by the company. It appears that Sid R.

Qualcomm Backs Femtocell Firm Ip.access

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San Diego-based Qualcomm has made another investment in femtocell and picocell technology developer ip.access , as part of a new round of funding. According to ip.access, it raised $15M from investors Amadeus Capital Partners, Cisco, Intel Capital, Qualcomm, Rothschild & Cie Gestion, Scottish Equity Partners and TE Connectivity.

Huntington Capital Boosts Custom Products Manufacturer

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San Diego-based Huntington Capital , a provider of mezzanine capital provider to lower middle market companies, is backing a Seattle manufacturer of custom photo books and other printed products. Tags: huntington capital venture automated photo books Amount of the funding was not disclosed.

Raising the First Round of Capital

SoCal Tech Calendar

Tuesday, June 8, 2010 -- Raising the First Round of Capital. What does it take for a San Diego company to raise a Seed or Series A round? With 2009 finally behind us, what can we expect in 2010? SDSIC. Will investments pick up? Where will the funding come from? What exactly will it take to get funded?

Interview with Marc Averitt and Sharon Stevenson, Okapi Ventures

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It's been a good summer for Laguna Beach-based venture capital firm Okapi Ventures (www.okapivc.com), which recently saw its first portfolio firm exit last month in Carlsbad-based Helixis , which was acquired by Illumina for $105M. Our whole model from beginning was to run ourselves, and run the fund in a capital efficient manner.

DexCom Board Member Departs

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San Diego-based DexCom , a developer of continuous glucose monitoring systems, said Monday afternoon that Donald A. Dexcom President and CEO Terry Gregg said in a statement that Don's committment to the firm "far exceeded that of a typical venture capital investor.". Lucas has resigned from the firm's board of directors.

SoCal Venture Deals Up In Q2

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Investments by venture capitalists in Southern California were up, both in terms of deals and dollars in Q2, according to the latest numbers from PricewaterhouseCoopers and the National Venture Capital Association (NVCA). Los Angeles saw $407.2M in 45 deals, Orange County saw $279.5M in 21 deals, and San Diego saw $170.6M

Interview with Ramit Varma, Revolution Prep

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We never took a dollar of outside capital, from the founding until this round a couple of months ago. How did Revolution Prep start?

Otonomy Takes $10.5M

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San Diego-based Otonomy , a biopharmaceuticals firm developing drug therapies to treat inner and middle ear disorders, has raised $10.56M as part of an ongoing, $26.0M Tags: otonomy venture capital biopharmaceuticals biopharma middle disorder biotech lifescience pharma

Fallbrook Technologies Gets $39M

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The new funding came from Macquarie Capital Markets Canada, Sustainable Asset Management, and Ningbo Shentong Auto Decorations Co., READ MORE>>.

Venture Capitalists Invest $493.2M In Southern California In Q1

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The latest venture capital numbers from PricewaterhouseCoopers LLP (PwC) and the National Venture Capital Association (NVCA), based on data provided by Thomson Reuters, was released tonight, showing that Southern California had $493.2M in investments in Q1 of the year, across 54 deals. invested in Q1 of 2010. billion a year ago.

Nirvanix Raises $10M, Names New CEO

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San Diego-based Nirvanix , the provider of cloud storage services, said today that it has raised another $10M in a funding, and appointed a new CEO.

EcoATM Acquired For $350M By Coinstar

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San Diego-based startup EcoATM , the developer of automated kiosks used for recycling cell phones and other electronics, has been acquired by newly renamed Coinstar (now known as Outerwall). Tao Venture Capital Partners is the investment firm led by Tom Clancy, who had formerly been at Enterprise Venture Partners. READ MORE>>.

EMN8 Raises $14.4M

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San Diego-based b>EMN8 , a developer of order taking kiosks for the fast food industry, has raised $14.4M in a funding round, according to a regulatory filing by the firm this week. Bass Associates, and Fort Washington Capital. Tags: emn8 kiosk fast food retail hardware venture capital EMN8 is headed by Perse Faily.

Imagine Communications Raises $10M

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San Diego-based Imagine Communications , a developer of digital video products for the TV broadcast market, announced today that it has raised $10M in a round of expansion financing. The round came from existing investors Court Square Ventures, Columbia Capital and Carmel Ventures. READ MORE>>.

DR Technologies Lands $4.5M More From Private Equity

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San Diego-based DR Technologies , a firm which designs, engineers, and manufactures composites for commercial, military, and scientific satellites and other space systems, has raised $4.5M in a follow-on investment. The investment came from Los Angeles private equity firm Nogales Investors.

Southern California Firms Raise $738M In Q4 2011

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The latest numbers from the PricewaterhouseCoopers/National Venture capital Association MoneyTree survey, which is based on data from Thomson Reuters, tallies $738.34M invested in Southern California in Q4 of 2011. raised in Q4 of 2010, and up from the $652M invested in the region last quarter. The amount is up from $528.0M

Qualcomm Boosts ChaCha

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San Diego-based Qualcomm has made an investment in Indianapolis question and answer site ChaCha , ChaCha said Wednesday afternoon. According to ChaCha, it raised $3M in total funding, including $900,000 in outstanding warrants from Qualcomm Ventures, the venture capital arm of Qualcomm. READ MORE>>.

The Search Agency, Covario Make Top Search Marketing Agency List

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Santa Monica-based The Search Agency , which is headed by David Hughes, was listed at number 12, and San Diego-based Covario , which is run by Russ Mann, was listed at number 25. The Search Agency is backed by private equity firm JMI Equity; Covario is venture backed by Dubilier & Company, FTV Capital, and Voyager Capital.

Interview with Kevin Hell, EvoNexus

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A couple of weeks ago, twelve companies moved into the new downtown San Diego, EvoNexus incubator--which is run by CommNexus.

Insights and Opinions: Where are the Social Media IPOs?

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For today's Insights and Opinions piece, we have an article from Michael Terpin of SocialRadius , who asks: Where are all the social media IPOs?

Eleven of Southern California's Firms In The Alternative Vehicle Market

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It's unclear if or how any of Southern California's crop of alternative vehicle firms will be able to capitalize on the interest in electric vehicles, however, it's clear that Silicon Valley does not have a monopoly on firms looking to address the emerging electric and alternative car market.