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Venture Firm: We Missed That Networks In Motion Deal

socalTECH

OVP Venture Partners , a venture firm in Oregon and Washington, is highlighting its latest "missed deal" in Aliso Viejo-based Networks In Motion. NIM, which was acquired last week for $170M, had been backed by venture firms Redpoint Ventures, Mission Ventures, and Sutter Hill Ventures.

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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. READ MORE>>.

SoCalTech 140
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Mobile /Wireless Technologies

SoCal Tech Calendar

The focus of this panel is to explore Ventures in Mobile/Wireless technologies  how a deal is accomplished and how the company is valued, funded, executed, branded, and brings consumers into focus. See [link] (more).

Mobile 113
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Nirvanix Raises $10M, Names New CEO

socalTECH

San Diego-based Nirvanix , the provider of cloud storage services, said today that it has raised another $10M in a funding, and appointed a new CEO. The firm said the new round is a Series B, and comes from investors Intel Capital, Mission Ventures, Valhalla Partnes, and Windward Ventures.

Windward 153
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Access 360 Media Gets $8M

socalTECH

Venice Beach-based Access 360 Media, which operates an out-of-home advertising network, said today that it has raised $8M in a Series B funding round. The round was led by Mission Ventures, and also included Bessemer Venture Partners. READ MORE>>

Media 100
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Slacker Ships BlackBerry App

socalTECH

San Diego-based Internet radio firm Slacker has shipped a BlackBerry Storm version of the company's Internet radio services, the firm said today. The new application--which the firm said is available for free--comes just a few weeks after the company rolled out an iPhone version of its services. READ MORE>>.

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Big Stage Partners With GGL Global Gaming

socalTECH

Pasadena-based Big Stage Entertainment , which develops 3D avatar technology, said today that it has partnered with video game company GGL Global Gaming, to provide free game content on its web site. GGL operates a video game social networking site, which provides news, communities, and online gaming tournaments and competitions.