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10 San Diego Startups to Compete at Region’s Top Pitch Competition

Xconomy

Launched in 2006 by San Diego’s Tech Coast Angels, the annual John G. Three of the 10 slated to pitch at the Oct. 24 event will get a cut of $75,000 to advance their businesses.

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Slacker Acquired By LiveXLive

socalTECH

San Diego-based online radio station and music streaming service Slacker Radio has been acquired by LiveXLive , the two companies announced on Friday. Slacker was founded in 2006, and was venture backed by Austin Ventures, Centennial Ventures, Mission Ventures, Rho Ventures, and Sevin Rosen Funds.

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TVC Capital Backs Celigo

socalTECH

San Diego-based software growth equity investor TVC Capital has backed Celigo , a developer of software to integrate cloud-based applications. Celigo said this morning that it has raised $8M in an expansion capital round, its first institutional funding since it was founded in 2006. READ MORE>>.

Capital 100
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Classy Captures $18M For Nonprofit Software

socalTECH

San Diego-based Classy , which develops cloud-based software used by nonprofits for fundraising, disclosed that it has raised $18M in a new funding round. The funding came from Mithril Capital Management and Salesforce Ventures.

Software 100
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Profitability Helps San Diego Lender Step Out from Industry Cloud

Xconomy

With a cloud lingering over the peer-to-peer lending industry, privately held National Funding is disclosing new details today about its operations, in a bid to step into the light and differentiate itself as a fintech company and alternative lender. Alternative lending encompasses a broad range of loan options outside traditional bank loans.

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Proximal Data Gets $2M For Caching Software

socalTECH

San Diego-based Proximal Data , which develops serve-side caching software for accelerating I/O access to virtualized machines, said this morning that it has raised $2M in a Series B round of funding. The funding came from Divergent Ventures, along with existing investors Avalon Ventures. The firm is led by Rory Bolt.

Software 124
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RF Surgical Systems Gets $12M

socalTECH

RF Surgical Systems , a developer of systems used to keep track of surgical sponges during surgery procedures, announced Tuesday that it has raised $12M in funding. The firm--which has its R&D facilities in San Diego--said the round was led by Split Rock Partners, and also included prior investors Menlo Ventures and Stanford University.

San Diego 145