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Fisker Automotive Burnt Through $1.4 Billion

socalTECH

Anaheim-based Fisker Automotive , the troubled electric car maker, has now burnt through $1.4 The amount of capital invested in Fisker makes the company the highest profile flameout ever in Southern California''s startup history, far surpassing the mere $375M in venture capital raised of of prior record holder Amp''d Mobile from back in 2007.

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Masimo Expands Board

socalTECH

Irvine-based medical equipment maker Masimo announced Thursday afternoon that it has appointed Adam Mikkelson, who is a Partner at healthcare-focused investment fund Camber Capital Management LLC, to its board of directors. Mikkelson has been at Camber since 2007.

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How I Got the Monkey Off My Back – Today Was a Good Day

Both Sides of the Table

I become a venture capitalist in September 2007 – exactly 6.5 Disney Acquires Maker Studios f0r $500 million and with earn-out potentially up to $950 million. I feel confident in saying that Maker will perform to any even higher level in the years to come as a result of this partnership. years ago. Since then?

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Idealab Startup Aims At $149 3D Printer, Gets Funding

socalTECH

Interestingly enough, New Matter is the second, 3D printing startup to come out of Idealab; back in 2007, Idealab spawned out another, low cost, 3D printer company, Desktop Factory, which ultimately did not make it to market. maker indiegogo gross bill desktopfactory printing 3dprinter printer hero idealab newmatter matter'

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Timing Is Everything With MakerBot Buy

socalTECH

In a demonstration that timing is everything, the huge, $604M acquisition of 3D printing maker MakerBot Wednesday probably has those who were involved in Southern California 3D printing startup Desktop Factory shaking their heads. Instead of a giant exit, the Idealab-backed startup shut its doors and sold its assets in 2009.

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Nova Development Wins Ancestry.com

socalTECH

Calabasas-based Nova Development , the consumer software publisher now owned by Avanquest Software, said today that it has signed an agreement with Ancestry.com, to publish the retail editions of Ancestry.com's Family Tree Maker genealogy software. Nova Development was acquired by Avanquest in 2007.

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New Matter Gets $6.5M For 3D Printing

socalTECH

Interestingly enough, New Matter--whose chairman is Idealab''s Bill Gross--is the second time around on a 3D printing startup for Idealab, which was before its time with personal 3D printer company Desktop Factory, which it started bringing to market in 2007, but eventually sold to 3D Systems in 2009, well before the current 3D printing craze.

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