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Dave Ryan of Mission Ventures On Exits

socalTECH

Last month, San Diego-based venture capital firm Mission Ventures (www.missionventures.com) sold its portfolio firm, Carlsbad-based 3E , just the latest in a string of exits for the firm, which also included an IPO in Maxlinear earlier in the year. That was a very good exit. READ MORE>>.

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Enevate Inks New Battery Production Licensing Deal

socalTECH

According to the company, EnerTech International will commercialize its battery technology in the transportation, mobility, and reserve power markets. Financial details of the deal were not announced.

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Enevate Names CFO

socalTECH

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. READ MORE>>.

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Transaction Wireless Gets $2M More

socalTECH

San Diego-based Transaction Wireless , a developer of mobile gift card and other mobile marketing products, announced this morning that it has raised an additional $2M in funding. The funding came from its existing investors, Mission Ventures and Okapi Ventures. READ MORE>>.

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Ortiva Wireless Acquired By Allot Communications

socalTECH

a provider of products for the fixed and mobile data network market, Allot announced this morning. 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>>.

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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>>.

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Transaction Wireless Scores $2.25M

socalTECH

The funding came from Mission Ventures and Okapi Ventures. According to the firm, it is developing mobile infrastructure for relationship marketing, including mobile POS and mobile gift cards.