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FTD Files Chapter 11: Long, Complex Path Through SoCal's Tech Industry

socalTECH

In long, complicated path that wound through Southern California's high tech industry, flower delivery network operator FTD has filed for Chapter 11 bankruptcy. FTD acquired San Diego's ProFlowers in 2014, paying $430M for the online flower and gift delivery service. United Online was acquired by B.

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Q3 Venture Investments For SoCal Total Around $1.0 Billion

socalTECH

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

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Eight Repeat Entrepreneurs To Watch In SoCal

socalTECH

socalTECH.com has mined its proprietary database of high tech companies and entrepreneurs and identified just a few of the repeat entrepreneurs to watch in the region. His new site, Mahalo, is focused on people-based, online search, with backing from Seuqoia Capital and Elon Musk, among others. which he sold to AOL.

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Interview with Matthew Jenusaitis, OCTANe

socalTECH

However, our challenge is that there are not a lot of venture capital investors in Southern California. I think the big challenge, is to take advantage of the homogenization of the West Coast--the corridor between San Francisco and San Diego--and taking advantage of the fact that things are becoming more blended.

OCTANE 174