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Report: Southern California Venture Capital Totals $464M In Q3

socalTECH

Silicon Valley had the lion's share of the venture funding dollars in Q3, with $1.75 in funding raised; followed by Otonomy , a San Diego maker of treatments for hearing disorders, which raised $38.5M. funding, fellow San Diego cloud computing firm RightScale , with $25.0M in funding. in funding.

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Why Technology is Driving More Urban Renewal

Both Sides of the Table

I can’t say for sure, but it feels to me like the re-urbanization of technology companies is driven by a broader trend of the tech industry overall – cloud computing. One of the major trends I’ve outlined is this movement of entrepreneurs (and as a lagging indicator venture funds) to more urban environments.