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Mission Ventures Backs Ex-Greenplum Execs

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San Diego-based venture capital firm Mission Ventures has backed a team from former portfolio firm Greenplum , in a new venture round. According to San Mateo-based Alpine Data Labs , it has scored $7.5M in a Series A funding from Sierra Ventures, Mission Ventures, and Sumitomo Corporate Equity Asia.

Mission Ventures' Lee Departs For Stealth Startup

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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

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In July, we sold another one of our companies, Greenplum, a database warehousing company, to EMC, another good win for the venture investors.

Mission Ventures Re-Ups On Alpine Data

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San Diego-based venture capital investor Mission Ventures has re-upped its investment in San Francisco-based Alpine Data Labs , a developer of Hadoop software for the big data market. mission ventures alpine data hadoop bigdata venture capital metapa greenplum Greenplum was acquired by EMC in 2010.

Swagbucks Buys Sodahead

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Prodege is venture backed by Technology Crossover Ventures. Sodahead was venture backed by Mission Ventures, Mohr Davidow Ventures, and the Tech Coast Angels. Financial terms of the buy were not disclosed. READ MORE>>. sodahead swagbucks merger acquisitoin exit polling opinion

ID Analytics Acquired By LifeLock

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San Diego-based ID Analytics , the developer of risk and identification management services, which is venture backed by Canaan Partners, Investor Growth Capital, Mission Ventures, and Trinity Ventures, has been acquired by LifeLock , the firms said today. ID Analytics had raised around $35.15M in funding. READ MORE>>.

Zui Acquired By Saban Brands

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Zui was venture backed by Emergence Capital, Mission Ventures, Maveron and the Scholastic Corporation. READ MORE>>.

Active Storage Names Engineering VP

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Active Storage is backed by Intel Capital, Mission Ventures, and Valhalla Partners. Torrance-based Active Storage , the developer of RAID storage systems aimed at the Apple and creative industry, said this morning that it has named Venkat Ramakrishnan as its new Vice President of Engineering. READ MORE>>.

LeisureLink Ties With Software Firm

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LeisureLink said that InnQuest's system is used in more than 4,500 properties in more than 90 countries. READ MORE>>.

Fastpoint Games Acquired By Weplay

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Fastpoint Games was venture backed by Allen & Co., Mission Ventures, DFJ Dragon and Sports Capital Partners Worldwide, but had begun shopping around its assets in October. Financial terms of the buy were not disclosed. Weplay offers up an online social site aimed at coaches, parents, and players of youth sports. READ MORE>>.

Coach 16

Zui.com Launches New Social Networking Features

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Zui is backed by Emergence Capital, Mission Ventures, Maveron and the Scholastic Corporation. READ MORE>>.

MaxLinear Cashes Out Venture Capital Investors

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In an unusual move, Carlsbad-based MaxLinear said today that it has reached a private deal to repurchase a significant number of its shares from its venture capital investors. The deal will completely cash out Mission Ventures, which will no longer hold any ownership interest in MaxLinear. READ MORE>>.

Enevate Expands Battery Efforts In Irvine

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The venture backed firm, which has investments from Mission Ventures and Draper Fisher Jurvetson, is tripling its office space to 22,000 square feet, according to the Orange County Register. Irvine-based Enevate , a developer of rechargeable battery technology, is expanding in Irvine, according to reports today. READ MORE>>.

KidZui Catches $2M, Launches New Service

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The firm said the funding included Mission Ventures, Maveron, and Emergence Capital. kidzui internet search children friendly safety parents venture capitalSan Diego-based KidZui , the developer of a kid-friendly Internet browser, said this week that it has raised another $2M in funding, and launched a new effort called ZUI.com.

Enevate Finds $30M For Battery Technology

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The funding came from Infinite Potential Technologies, Tsing Capital and Mission Ventures along with Presidio Ventures. enevate battery technology energy lithium liion venture capital materials chemistryREAD MORE>>.

Transaction Wireless Acquired By First Data

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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. Financial terms of the buy were not disclosed. READ MORE>>. card gift digital acquisition merger firstdata wireless transaction

Los Angeles Startup Community

SoCal CTO

Venture Capital As long as I'm pulling this together, here are some venture capital firms in Los Angeles that can help get you wired in. I was just talking with someone who's new to Los Angeles and wanting to connect into the Los Angeles Startup Community. As is usual, I couldn't remember where I had seen those posts.

SodaHead Upgrades Polling Software For WordPress

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The company is backed by Mohr Davidow, Mission Ventures, The Tech Coast Angels, Ron Conway, and others. 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. READ MORE>>.

myIDkey Now Has Over $360K For Security Device Project

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Risheq was the founder of Celllynx, Thacker was a co-founder at Datallegro; the firm has some notable advisors, including Mission Ventures' Leo Spiegel and Michael Dunn, the former CTO of Hearst, Time Warner, Dell Online. READ MORE>>. myidkey arkami crowdfunding kickstartup biometrics electronics octaneoc launchpad kickstart

Ortiva Wireless Adds $2.0M

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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. ortiva wireless venture capital debt fundingNo details on the new funding have been announced by the company.

FastPoint Games Shuts Down

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Fastpoint had been venture backed by Mission Ventures and DFJ Dragon Fund, Allen & Co. 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. The company was originally known as Rotohog. READ MORE>>.

Image Metrics Buys Big Stage

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Big Stage, which was once known as Clone, was venture backed by Mission Ventures, Selby Ventures and the Tech Coast Angels. Santa Monica-based Image Metrics , a developer of facial animation technology, announced Thursday morning that it has acquired Big Stage , the developer of avatar creation software. READ MORE>>.

Slacker Powers AOL Internet Radio Service

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San Diego-based music streaming service Slacker has inked a major deal with AOL , to power a new online Internet radio service. READ MORE>>.

SodaHead Launching Major Redesign

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Feffer was previously an executive at MySpace, and SodaHead is backed by MDV Mohr, Davidow Ventures, Mission Ventures, and the Tech Coast Angels.

LeisureLink Makes Trio of Hires

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Pasadena-based LeisureLink , the venture-backed provider of a vacation rental marketing system and operator of online booking travel site ABetterStay.com , has made a trio of new hires this week. LeisureLink is venture backed by Clearstone Venture Partners and Mission Ventures. READ MORE>>.

Ortiva Wireless Acquired By Allot Communications

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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. Financial terms of the buy were not disclosed. Allot said it will integrate Ortiva's technology into its Allot Service Gateway product. READ MORE>>.

KidZui Lands $2.4M More, Launches Original Video Efforts

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The new funding comes from existing investors Mission Ventures and Costella Kirsch. kidzui venture capital original video hollywood content kidsKidZui--which is led by Cliff Boro--said it will invest those new funds in a studio division, Zui Studios, which will create original video content for Zui.com and KidZui. READ MORE>>.

Carbon Micro Battery Becomes Enovate

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Irvine-based Enovate Corporation , which is backed by Mission Ventures and Draper Fisher Jurvetson, said today that it has renamed itself from Carbon Micro Battery. Enovate is a spinout of the University of California, Irvine, and has raised $5.3M in venture financing from such firms as Mission Ventures and Draper Fisher Jurvetson.

Enevate Names CFO

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Enevate is venture backed by Mission Ventures, Draper Fisher Jurvetson, Tsing Capital, Infinite Potential Technologies, Presidio Ventures, and CEC Capital, and is targeting its Lithium ion battery technology at the smartphone and mobile device market. Kennedy as its new Chief Financial Officer. READ MORE>>.

Enevate Names Qualcomm Vet Altman To Advisory Board

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Enevate is venture backed by Infinite Potential Technologies, Tsing Capital and Mission Ventures. Irvine-based Lithium-ion battery developer Enevate announced this morning that it has named Steve Altman, former Qualcomm President and Vice Chairman, to its advisory board. READ MORE>>.

IP 1

Active Storage Raises $7.0M More

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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>>.

Active Storage Adds Exec

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Active Storage is led by ex-Apple executives, and backed by Intel Capital, Mission Ventures, and Valhalla Partners. Torrance-based Active Storage , which develops data storage products for the Apple and other markets, said Wednesday that it has named Jeff Lowe as Senior Director of Strategic Market Development. READ MORE>>.

Nexiant Plans Major Upgrade

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Nexiant is venture backed by The Argentum Group, InnoCal Venture Capital, Inverness Graham Investments and Mission Ventures. Lake Forest-based Nexiant , the developer of software-as-a-service for materials management (MRO), said this morning that it is planning a major software release. READ MORE>>.

MaestroDev, Winston Damarillo's Latest Firm, Uncloaks At JavaOne

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The firm appears to be the company Damarillo told socalTECH in July which had just received venture funding. MaestroDev lists venture capitalist Leo Spiegel, of Mission Ventures, as a board member; Damarillo serves as Chairman. He's currently heading up Morphlabs , which shares the same address as MaestroDev. READ MORE>>.

SoCal Gets $739M In Venture Capital In Q2

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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 raised for the quarter. billion invested across 814 deals.

Slacker Integrates With Bing Bar

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Slacker is venture backed by Austin Ventures, Centennial Ventures, Mission Ventures, Rho Ventures, and Sevin Rosen Funds.

Ortiva Wireless Raises $2.5M

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Representatives from Artiman Ventures, Mission Ventures, and Comcast Interactive Capital continue to have seats on the company's board of directors. ortiva wireless venture capil funding video encoding telecomThe filing indicates the funding is part of a $3.786M fundraising effort still in progress by the company.

Slacker Expands Radio Service To Canada

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Slacker said that it has expanded its service to Canada through its web site, along with free applications for BlackBerry and Android phones.

Shark Tank II

SoCal Tech Calendar

Panel includes Tom Siegel, Shepherd Ventures; Jeff Kearl, Skullcandy; Ted Alexander, Mission Ventures; Paul Stannard, SmartDraw. Thursday, March 3, 2011 -- Shark Tank II. SDSIC Entrepreneur's Forum. The format of the event is modeled after the television show "Shark Tank" but is not affiliated with the show. See [link] (more

After Long Road, Greenplum (Metapa) Acquired By EMC

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The acquisition is the end of a long road for Greenplum--originally based in Sherman Oaks--and its investors, which includes San Diego's Mission Ventures. Greenplum , a software firm developing database clustering software used for the data warehousing business, has been acquired by EMC. Financial terms of the deal were not disclosed.