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Tortuga Logic, Co-Founded By UCSD, UCSB Profs, Raises $2M For Hardware Security

socalTECH

Tortuga Logic , a new startup focused on chip-level cybersecurity technology whose founders include professors from UC San Diego and UC Santa Barbara, has raised $2M in a seed funding, the company disclosed on Thursday. The seed funding came from Eclipse Ventures.

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Three Factors Which Intoxicate Venture Capitalists - Why Your Startup Will (Probably) Not Raise Venture Capital Funding

InfoChachkie

As an early stage investor, I recognize the importance of being accessible to your portfolio executives, so a concentration of venture funding in Silicon Valley is certainly not a surprise. However, the fact that nearly half of all venture funding in the United States consistently occurs in Silicon Valley is shocking. Do The Math.

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GoSite Finds $40M For Small Business Services

socalTECH

San Diego-based GoSite , which operates an online platform to help small businesses bring their business online, has raised $40M in a Series B funding round, the company announced this morning. The funding was led by Left Lane Capital, and also included Longley Capital, Cove Fund, Stage 2, Ankona Capital and Serra Ventures.

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15Five Lands $8M To Expand Use of Its Coaching Software for Managers

Xconomy

San Francisco-based performance management startup 15Five , whose mission is to torpedo annual performance reviews for workers and replace them with supportive weekly coaching by managers, announced today it raised $8 million in a Series A funding round. The aim is to keep employees on track. Read more » Reprints | Share:

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Retro: My Favorite Blog Post on Raising VC

Both Sides of the Table

I had previously raised VC in 1999, 2000, 2001 and 2005. In case VC’s haven’t figured this out yet, shit rolls downhill. My blog linked to Brad Feld’s blog because I was so grateful for his series on term sheets and he was one of the biggest reasons that as a VC I felt compelled to blog. And covered we did.

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What You Missed On Your Holiday Vacation, SoCal Technology Edition

socalTECH

In the latest roundup of fundings (big few weeks for San Diego, apparently): PatientSafe Solutions ($20M, San Diego, mobile health). Solarflare ($22M, San Diego, high speed networking). Ignyta ($6M, San Diego, personalized medicine). Independa ($5M, San Diego, software for senior independence).

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Q3 Venture Investments For SoCal Total Around $1.0 Billion

socalTECH

Southern California venture totals for Q3 totaled around $1.0 billion in investments, according to the Q3 analysis of venture capital deals by socalTECH.com. Other big deals included $60M in investment in San Diego's Skinit , a developer of personalized "skins" for electronic devices, and $37.0M