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Midas List: Cornerstone OnDemand, Green Dot Help VCs

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However, two, Southern California firms drove the inclusion of two other, venture capital investors on the list--Miachel Moritz of Sequoia Capital (for his investment in Monrovia-based Green Dot ), and Byron Deeter of Bessemer Venture Partners (for his investment in Los Angeles-based Cornerstone OnDemand ).

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Xencor Launches $110M Public Offering

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Monrovia-based biotechnology developer Xencor has launched a public offering of its common stock, with the aim of raising approximately $110M in funding, the company said on Wednesday. The company said the new funding will go towards working capital and general corporate purposes, including investing in its pipeline and lead compoound.

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Xencor Receives $120M From Genentech

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Monrovia-based biopharmaceuticals technology developer Xencor has received $120M in an upfront payment from Genentech this morning--and up to another $180M in development milestones--as part of a new deal to commercialize an immune activating cytokine based on Xencor's technology.

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DFJ Mercury Promotes Venture Partner In San Diego

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DFJ Mercury , one of the affiliate venture firms of Draper Fisher Jurvetson, said Tuesday that it has promoted a venture partner who will be splitting his time between La Jolla and Houston, its headquarters. The firm--which invests in seed and early stage venture capital--said that it has promoted Russ Lebovitz, Ph.D.,

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Ondax Raises $2M More

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Monrovia-based Ondax , a developer of optical filters and laser sources based on research out of the California Institute of Technology, has raised $2M in a Series E investment. According to the Pasadena Angels, one of the investors in the firm, the round also included the Tech Coast Angels and un-named venture capital firms.

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Tech Coast Angels Formally Announces New Fund, ACE

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Angel investing group the Tech Coast Angels has officially announced its new investment fund, the ACE Fund , as the group has begun to broaden out its investments strategy. The TCA said it will invest in a minimum of ten entrepreneurial enterprises.

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Soliant Adds GE As Investor In $21M Round

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Monrovia, California-based Soliant Energy has scored $21M in a venture capital round, including a $2.5M investment from GE Energy Financial Services, GE said Tuesday.

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