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CalPERS Sells Palomar Ventures Stake

socalTECH

CalPERS, the California pension fund which is a major limited partner in venture capital funds here, apparently sold its stake in Palomar Ventures III, L.P. A partner at Palomar Ventures declined to comment, saying that the firm has a "hard and fast" policy of not commenting on matters related to LPs.

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Predixion Software Snags $20M More For Predictive Analytics

socalTECH

Prior investors DFJ Frontier, EMC, Miramar Venture Partners and Palomar Ventures also participated. Predixion said the funding will go towards accelerating product development, and to scale it sales and marketing. predixion software predictive analytics venture capital data' READ MORE>>.

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Ace Metrix Gains $6.0M

socalTECH

The round was led by Leapfrog Ventures, and also included prior investors Hummer Winblad Venture Partners and Palomar Ventures. The company said the new funding will go toward sales and marketing of its service. Tags: metrix venture capital television analytics advertising. READ MORE>>.

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Predixion Software Gets $6M More

socalTECH

The new, strategic investment came from an un-named investor, and also included prior investors DFJ Frontier, Miramar Venture Partners and Palomar Ventures. Predixion said the funding will go towards further product development, plus serviec, sales and marketing. READ MORE>>.

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

Jason Nazar

We tend to be better at things like team building, negotiations, sales, and fundraising – which are arguably the most important skills entrepreneurs should posses. Challenge #3 – There Needs to Be More Institutional Capital in Los Angeles. There simply are NOT enough venture capital firms in the Southern California.

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