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Crosscut Ventures Raising Second Fund

socalTECH

Los Angeles-based Crosscut Ventures , the early stage, venture capital investment firm run by Rick Smith and Brian Garrett, looks to be kicking off a new fund, according to an SEC filing this week. Details on the fund size were not included in the filing, and the firm has not commented on the filing. READ MORE>>.

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Ace Metrix Gets $8M For TV Ad Analytics

socalTECH

Ace Metrix , a provider of technology for television advertising analytics, said today that it has raised $8M in a funding round from WPP, Hummer Winblad Venture Partners, Leapfrog Ventures, and Palomar Ventures. The firm, which is headquartered in Mountain View, also has operations in El SEgundo, and was founded in Los Angeles.

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CoreObjects Scores $2M In Venture Funding

socalTECH

Los Angeles-based CoreObjects , a provider of outsourced product development services to the venture-backed technology community, has raised $2.0M in a equity funding round, according to a regulatory filing by the firm today. Details on the funding have not yet been released by the company.

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CoreObjects Acquired By Indian Firm

socalTECH

Los Angeles-based CoreObjects Software , a provider of software development to both startups and other firms, has been acquired. CoreObjects has received venture funding from Palomar Ventures. According to Symphony Service Corp. , Financial terms of the buy were not disclosed. READ MORE>>.

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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. This hot list is based on various social signals of what people are writing about, reading, bookmarking, searching, etc. You can go to the Hot List post to see what was hot then. Here's the rest. Here’s how to do it.

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Venture Capitalists Invest $475.5M In Southern California In Q3, Says MoneyTree

socalTECH

in 32 deals, followed by Los Angeles with $172.3M round; San Diego-based Zogenix with a nearly $36M funding round; and Hawthorne-based Space Exploration Technology (SpaceX) , which raised $30.4M. In the region, San Diego led in Q3 deals, with $236.3M in 25 deals. Orange County had $66.8M in 8 deals.

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Interview with Brian Garrett, Crosscut Ventures

socalTECH

Los Angeles-based Crosscut Ventures (www.crosscutventures.com) is one of the newest venture capital funds in the area, and has quietly been working on funding local companies over the last year. Let's start with an overview of the fund. We closed our fund in August of 2008. What do you invest in?