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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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Plug and Play San Diego Finds Home in New Downtown Works Space

Xconomy

Plug and Play San Diego has formed a partnership with Downtown Works, a new co-working space in downtown San Diego, which will give the local Plug and Play program a place to call home. We would like to launch an accelerator based here, and bring in additional resources from the Bay Area.”. billion under management.

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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. READ MORE>>.

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Nirvanix Ties With CommVault

socalTECH

San Diego-based cloud storage firm Nirvanix is further bolstering its focus on enterprise customers, saying today that it has partnered with enterprise storage software provider CommVault. Nirvanix provides storage-as-a-service through an online network. 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. According to the firm, it is developing mobile infrastructure for relationship marketing, including mobile POS and mobile gift cards.

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Los Angeles Tech Launched - Hot List

SoCal CTO

In other words, it uses what is happening: with the content out in the network with searches that land on the site, what happens when people visit the site, and various other kinds of behaviors. There are some very cool new features being released all the time as part of the software that powers this system.