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Enevate Inks New Battery Production Licensing Deal

socalTECH

According to the company, EnerTech International will commercialize its battery technology in the transportation, mobility, and reserve power markets. Financial details of the deal were not announced.

Product 113
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Enevate Names CFO

socalTECH

Irvine-based battery technology developer Enevate announced this morning that it has appointed John B. Kennedy was previously CFO at Sprocket Media and SolarBridge Technologies, and also has served at Primarion, ValueClick, and other companies. Kennedy as its new Chief Financial Officer. READ MORE>>.

Draper 113
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Ortiva Wireless Raises $8M

socalTECH

La Jolla-based Ortiva Wireless , a developer of mobile video optimization technology, confirmed Tuesday afternoon that it has raised $8M in its Series C funding. The round was led by Intel Capital, and also included current investors Comcast Interactive Capital, Artiman Ventures, and Mission Ventures.

SoCalTech 140
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Ortiva Wireless Acquired By Allot Communications

socalTECH

a provider of products for the fixed and mobile data network market, Allot announced this morning. Allot said it will integrate Ortiva's technology into its Allot Service Gateway product. Financial terms of the buy were not disclosed. in revenues for the second half of 2012. in revenues for the second half of 2012. READ MORE>>.

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Transaction Wireless Gets $2M More

socalTECH

San Diego-based Transaction Wireless , a developer of mobile gift card and other mobile marketing products, announced this morning that it has raised an additional $2M in funding. The funding came from its existing investors, Mission Ventures and Okapi Ventures. READ MORE>>.

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Transaction Wireless Scores $2.25M

socalTECH

The funding came from Mission Ventures and Okapi Ventures. According to the firm, it is developing mobile infrastructure for relationship marketing, including mobile POS and mobile gift cards.

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This Week in VC: Michael Montgomery (President, Montgomery & Co.)

Both Sides of the Table

This episode of This Week in Venture Capital featured Michael Montgomery, president of Montgomery & Co. If you don’t know Montgomery & Co it is one of the premier technology & media focused investment banks in the country (and as Michael corrected me they also have a strong Healthcare / Med tech practice).