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Trovata.io Names New Executives

socalTECH

San Diego-based Trovata.io , a developer of software used for automating cash management and for open banking, has named two new executives, the company said on Tuesday. The company said it has named Joseph Drambarean as Chief Technology Officer and Dave McCutcheon as Vice President Sales. READ MORE>>.

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Transaction Wireless Scores $2.25M

socalTECH

San Diego-based Transaction Wireless announced this morning that it has raised $2.25M in a Series A funding. The funding came from Mission Ventures and Okapi Ventures. Transaction Wireless said the funding will go towards sales and marketing expansion, technology development, and customer deployment.

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How Chinese Startup Tradesparq Is Looking To Grow In SoCal

socalTECH

Michael Kleist: My business partner and I were both originally from San Diego. We''ll mostly be doing enterprise sales here, but also looking at the technology and design front, hiring better talent, taking design to a new level than maybe what we are in China. Our CTO is mainland Chinese, but was educated here.

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With $30M Infusion, Certona Aims for Bigger Share of Digital Retail

Xconomy

After raising $30 million, San Diego-based Certona said it is moving to accelerate its product development, expand its sales and marketing team, and improve its client services as an e-commerce technology vendor. Certona uses the data to offer shoppers personalized options based on “real-time profiling.”. billion.

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This Week in Venture Capital – Episode 4

Both Sides of the Table

Rustic Canyon is an LA-based, but geography-agnostic VC that is currently investing from a $200 million fund. They were originally founded inside of Times Mirror and had a huge string of major investment success before spinning out as a fully independent fund. Investors: Matrix (Dana Stadler, who was the CTO of PayPal).

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Retro: My Favorite Blog Post on Raising VC

Both Sides of the Table

After my company was acquired by Salesforce.com I was asked to stop blogging and they took over my blog as an asset in the sale of the company. Another called Parker Harris, the co-founder and CTO. I had intended to talk about how bad the process could become, not to name-and-shame anybody (and The Funded was not yet around).

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Interview with Jason Howe, CEO of Awarepoint

socalTECH

San Diego-based Awarepoint (www.awarepoint.com) is a developer of systems for tracking hospital assets, patients, and doctors, using RFID tags. The firm is announcing a substantial Series D funding round today, so we spoke with the firm's CEO, Jason Howe, to get the details on the company and what it's doing.

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