Trending Sources

Mission Ventures' Lee Departs For Stealth Startup


Jeff Lee , a senior associate at San Diego- and Los Angeles-based Mission Ventures , has quietly left the firm to head up a newly founded, stealth startup, according to Lee's LinkedIn profiles and bounced emails to his Mission Ventures address. mission ventures jeffrey associate startup executive

Dave Ryan of Mission Ventures On Exits


For example, in March, one of our companies, Maxlinear, a semiconductor company based in Carlsbad, went public. Thanks! READ MORE>>.

The Challenges (& Opportunities) of Starting a Tech Company in LA

Jason Nazar

But I thought I’d take some more time here to expand on what I think are the challenges, and opportunities, of starting a tech company in LA.

Swagbucks Buys Sodahead


Los Angeles-based prodege , the parent company of Swagbucks , said this morning that it has acquired Sodahead , the online polling and discussion platform founded by Jason Feffer. Prodege is venture backed by Technology Crossover Ventures. Financial terms of the buy were not disclosed. READ MORE>>.

LeisureLink Acquired By VacationRoost


LeisureLink was venture backed by Clearstone Venture Partners and Mission Ventures, and also had received a strategic investment from Wyndham Worldwide. The company was led by Tom Lamb. Financial terms of the buy were not announced. READ MORE>>.

Ortiva Wireless Adds $2.0M


The firm--which is backed by Artiman Ventures, Mission Ventures, and Comcast Interactive Capital, among others--indicated it had raised $2.0M out of a $2.15M funding effort, in a combination of debt and warrants. No details on the new funding have been announced by the company. READ MORE>>.

FastPoint Games Shuts Down


Fastpoint had been venture backed by Mission Ventures and DFJ Dragon Fund, Allen & Co. The company was originally known as Rotohog. Los Angeles-bsaed Fastpoint Games , the online fantasy game development shop headed by Kelly Perdew, has shut down, according to a notice on the firm's site. READ MORE>>.

SodaHead Upgrades Polling Software For WordPress


Los Angeles-based SodaHead , the developer of online polling services and software, has just launched a major upgrade to the company''s polling software for WordPress. The company is backed by Mohr Davidow, Mission Ventures, The Tech Coast Angels, Ron Conway, and others. READ MORE>>.

Enevate Finds $30M For Battery Technology


The funding came from Infinite Potential Technologies, Tsing Capital and Mission Ventures along with Presidio Ventures. Enevate, led by Brian Wong, is developing Li-iion batteries which the company says have "significantly higher" energy density than existing batteries. READ MORE>>.

Transaction Wireless Acquired By First Data


San Diego-based Transaction Wireless , the digital gift card startup backed by Mission Ventures and Okapi Ventures, has been acquired by First Data , First Data said this week. One of the company's investors said the acquisition represented a "very nice outcome" for the founders, employees, and investors. READ MORE>>.

LeisureLink Makes Trio of Hires


Pasadena-based LeisureLink , the venture-backed provider of a vacation rental marketing system and operator of online booking travel site , has made a trio of new hires this week. The company said it has named Tom Lamb as President of the firm, Alex Hansen as CFO, and Adam Michaelson as Chief Marketing Officer.

Ortiva Wireless Acquired By Allot Communications


The company said that the acquisition will be accretive on a quarterly basis by the end of 2012, contributing between $3.0 Ortiva Wireless was venture backed by Artiman Ventures, Mission Ventures, and Comcast Interactive Capital, and others, and had raised somewhere north of $40M for its efforts. READ MORE>>.

Active Storage Raises $7.0M More


Source of the new funding was not announced by the company, however, the firm's board continues to include representatives from Mission Ventures and Valhalla Partners. data raid apple capital venture storage activeREAD MORE>>.

SoCal Gets $739M In Venture Capital In Q2


Southern California companies raised $739M in venture capital in Q2 of 2011, according to the latest numbers from PricewaterhouseCoopers and the National Venture Capital Association (NVCA) based on data from Thomson Reuters. Nationally, venture capitalists invested $7.5M billion going into 275 companies in the quarter.

Nexiant Plans Major Upgrade


The company said deployments will begin in early 2012. Nexiant is venture backed by The Argentum Group, InnoCal Venture Capital, Inverness Graham Investments and Mission Ventures. The entire software will deploy on Microsoft's Windows Azure cloud. READ MORE>>.

Ortiva Wireless Raises $2.5M


The filing indicates the funding is part of a $3.786M fundraising effort still in progress by the company. Representatives from Artiman Ventures, Mission Ventures, and Comcast Interactive Capital continue to have seats on the company's board of directors. Source of the new funding was not announced. READ MORE>>.

Slacker Integrates With Bing Bar


San Diego-based streaming radio and music service Slacker has linked its service with MIcrosoft's Bing Bar , the company said Tuesday.

Shark Tank II

SoCal Tech Calendar

You'll see four real companies pitch their firms to our esteemed panel of entrepreneurs and investors in a fast-paced, structured format. The presenting companies are real, the investors are real, the money is not! Thursday, March 3, 2011 -- Shark Tank II. SDSIC Entrepreneur's Forum. See [link] (more

LeisureLink Targets Caribbean Resorts


Clearstone Venture Partners, Mission Ventures, and Wyndham Exchange & Rentals, said today that it is targeting Caribbean resorts.

Nirvanix Gets $25M In Series C


The round was led by Khosla Ventures , and also included Valhalla Partners , Intel Capital , Mission Ventures and Windward Ventures, all existing investors in the company. In a statement, Nirvanix CEO Scott Genereux said that the company booked more revenue in Q1 of 2012 than nearly all of 2011. READ MORE>>.

Enevate Names CFO


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

How to Not Suck at a Group Presentation

Both Sides of the Table

This was evident at the Twiistup pre-event company pitch last week at UCLA. Example: you’re a fitness tracking company like FitOrbit.

Vator Makes A Splash In LA!

Tech Zulu Event

If have a company and are interested in being part of this event there is still time for you to enter the competition. You still have 2 days left!   Go here to enter your company. Not ready to submit your company or just want to take part of this event? Vator is bringing its popular Splash event to LA. The TZ Hookups.

Enevate Announces Battery Technology


Irvine-based Enevate , a venture-backed battery technology startup focused on advanced, rechargeable Lithium-ion (Li-ion) batteries, said this morning that it has rolled out some new battery technology. The company says it is aiming its technology for us in smartphones, tablets, ultra-thin/hybrid notebook PCs, and wearable devices.

LeisureLink Gets $9M In Series C


The round came from current investors, including Clearstone Venture Partners, Mission Ventures, and Wyndham Exchange & Rentals.

Mochila Raises $1.0M


No details on the funding have been announced by the company yet. Mochila is venture backed by Charles River Ventures, Greenspun Corporation, Jerry Colonna of JPMorgan Partners, Mission Ventures, and A.H. Tags: capital venture marketplace content online mochila

Nirvanix Shuts Down, Gives Mere Two Weeks To Customers


San Diego-based cloud storage firm Nirvanix is shutting down, and has given its customers only two weeks to move their data elsewhere, in a stunning flameout for the venture backed startup. The company seemed to be on the upswing, with a long list of high profile customers; the company had even hired Zynga''s CIO earlier this year.

Nirvanix Confirms Funding Round


San Diego-based Nirvanix confirmed today that the firm has raised $5M in a new venture funding round. READ MORE>>.

Report: Slacker Loses CEO


VentureWire said it confirmed the departure of Dennis Mudd with an investor in the company. The firm has raised around $70M in funding.

LAVA Annual Venture Capital Panel

SoCal Tech Calendar

Tuesday, August 9, 2011 -- Annual Venture Capital Panel. Find out what does it take to secure Venture Capital for your company. Meet the top VCs who are investing in Southern California. Find out what they are looking to invest in. Learn about the hottest trends and the mistakes NOT to make. See [link] (more

Slacker Raises $9.6M


San Diego-based online music provider Slacker has raised $9.6M in a funding round, based on a regulatory filing from the company. round.

Nirvanix Steals Away Zynga CIO


San Diego-based Nirvanix , the cloud storage service operator, has snagged the current CIO of Zynga as its new CEO, according to the company Monday. Current CEO Dru Borden will become Senior Vice President Planning and Development, and will remain on the company's board of directors. READ MORE>>.

Slacker Adds Lyrics


The company is venture backed by Austin Ventures, Centennial Ventures, Mission Ventures, and Sevin Rosen Funds.

LeisureLink Gets $6.2M


Pasadena-based LeisureLink has closed on $6.2M in a first tranche of additional funding for the travel firm, the company disclosed today.

Layoffs Hot Keyword for Second Half of January 2009


Last month we Launched Los Angeles Tech and in the announcement we provide the Hot List for the first half of January 2009. This hot list is based on various social signals of what people are writing about, reading, bookmarking, searching, etc. You can go to the Hot List post to see what was hot then. Here's the rest. Here’s how to do it.

Rotohog Becomes FastPoint Games


According to Perdew, FastPoint has repositioned itself as a company focused on building live, data-driven, multi-platform games for clients to engage, reward and monetize their audience. Los Angeles-based Rotohog , the online games developer headed by Kelly Perdew, has renamed itself FastPoint Games , according to the firm. READ MORE>>.

Enevate Gets $24M For Battery Technology


Irvine-based Enevate , a developer of rechargeable lithium ion batteries, has raised $24M in a Series B funding, the company said this morning. The round came from CEC Capital, Tsing Capital, and Presidio Ventures, along with prior investors Mission Ventures and Draper Fisher Jurvetson. READ MORE>>.

Active Storage Names CFO


Torrance-based Active Storage , the RAID storage firm founded by ex-Apple executives, and backed by Intel Capital, Mission Ventures, and Valhalla Partners, said Wednesday that it has hired on a CFO. Wike had already been serving as Interim CFO for the company since this spring. The firm said it has hired Jane Wike as its CFO.

MaxLinear Prices IPO


Deutsche Bank Securities, USB Securities LLC, Thomas Weisel Partners LLC, and Needham & Company. MaxLinear was venture backed by USVP, Battery Ventures, Mission Ventures, UMC Capital, and others. The pricing was above the initial pricing range given by the firm earlier this month of $11 to $13 per share.

MaxLinear Gets CableLabs Certification


MaxLinear is one of the Southern California companies in the midst of an IPO effort, hoping to list on the NYSE; the firm is venture backed by USVP, Battery Ventures, Mission Ventures, and UMC Capital. READ MORE>>.