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MindTouch Picks Up $12M For Customer Self Service Software

socalTECH

San Diego-based MindTouch , a developer of software-as-a-service tools to help companies create self-service, customer support sites, has raised $12M in a Series A funding. The funding came from PeakSpan Capital, along with SK Ventures and SAP SE.

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DexCom Board Member Departs

socalTECH

San Diego-based DexCom , a developer of continuous glucose monitoring systems, said Monday afternoon that Donald A. Lucas is Founding Managing Member at RWI Group, which was an investor in DexCom before the firm's IPO in 2005. Lucas has resigned from the firm's board of directors.

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Sebastian Thrun and Udacity Launch New Self-Driving Nanodegree

Xconomy

Sebastian Thrun first made his mark on autonomous vehicle development at the dawn of that industry, when he led a Stanford team whose robot car Stanley won the $2 million DARPA Grand Challenge in 2005 by racing driverless through the Mojave Desert for 132 miles.

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Ostendo Raising Funds to Advance Virtual Reality Display Technology

Xconomy

Ostendo Technologies, a Carlsbad, CA-based company founded in 2005 to advance curved screens and other innovative display technologies, has raised $41.8 Adding to the confusion, the most-recent MoneyTree Report on San Diego venture capital activity shows that Ostendo raised almost $10 million in VC funding during the second quarter.

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SoCal Venture Totals Slip, But IT Shines

socalTECH

Southern California's venture capital numbers for Q4 slipped, as did numbers nationally, according to numbers released over the weekend by Dow Jones VentureSource. According to the report, Southern California's venture capital totals slipped for the first time since 2003, down more than 18 percent annually, to $3.2 billion in deals.

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Interview with Jerry Fitch, Teridian Semiconductor

socalTECH

Jerry Fitch: The business management team at Golden Gate Capital bought Teridian in 2005. There was legislation moving through in 2004, which ultimately came out in 2005, which was a starting point for the smart meter discussion. Thanks for the time. There's similar activity internationally. Jerry Fitch: That's a fair statement.

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Interview with Kanaan Jemili, uCast Global

socalTECH

San Diego-based uCast Global (www.ucastglobal.com), backed by Gary Winnick, is looking to tackle that entire area of content distribution, and is led by startup veteran Dr. Kanaan Jemili. In 2004 and 2005, I was at DivX in San Diego, and I was head of product there. Number six are publishers. I have a Ph.D.

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