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What You Missed On Your Holiday Vacation, SoCal Technology Edition

socalTECH

Solarflare ($22M, San Diego, high speed networking). Independa ($5M, San Diego, software for senior independence). In the latest roundup of fundings (big few weeks for San Diego, apparently): PatientSafe Solutions ($20M, San Diego, mobile health). Ignyta ($6M, San Diego, personalized medicine).

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Does the Size of a VC Fund Matter?

Both Sides of the Table

Some wait 5-7 years but usually this is because it’s proving more difficult to raise a new fund due to market conditions or the lack of returns in their current fund. For example, my firm, GRP Partners, has a $200 million fund that was closed in March 2009 and we have 4 investment partners.