socalTECH

MAY 16, 2011

Pasadena-based venture capital firm Arcturus Capital has scored an exit out of its portfolio this morning, as Milpitas, California-based Pliant Technology was acquired by SanDisk in a deal worth $327M. Arcturus first invested in Pliant in 2007. SanDisk is a major manufacturer of flash memory.

Arcturus 150

Arcturus Pasadena Venture Capital Equity 150

socalTECH

JANUARY 19, 2009

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

Southern California 100

Southern California SoCal Orange County Venture Capital 100

socalTECH

MAY 26, 2010

Oclaro is using ClariPhy's technology in the 100G Coherent Long Haul and Ultra Long Haul market. The new funding round is the first significant funding for the firm since 2007. Tags: clariphy venture capital semiconductor optical networking telecom oclaro.

Allegis 140

Allegis Venture Capital Class Networking 140

socalTECH

OCTOBER 7, 2010

A new report released today by Next 10 , a nonprofit, nonpartisan public policy group, says that Southern California--and California, as a whole--leads the green innovation, cleantech venture capital, and energy market. billion invested in cleantech venture capital in the state since 2006.

Southern California 165

Southern California Report Orange County Patents 165

socalTECH

APRIL 27, 2009

Irvine-based Visiogen is reporting this morning that it has raised $40M in a financing round for its intraocular lens technology. The firm last raised funding in 2007. Tags: novartis biomedical lifescience intraocular lens biotech venture capital. Visiogen is developing a dual-optic accomodating intraocular lens.

Funding 100

Funding Venture Capital Report Capital 100

socalTECH

FEBRUARY 5, 2009

Zag develops technology which allows members of groups like USAA to fully configure and purchase cars, through car buying programs. USAA has been offering Zag's services to its members since 2007. Tags: automobile ecommerce usaa venture capital automotive. READ MORE>>.

Zag 100

Zag Invest CarsDirect Venture Capital 100

socalTECH

JULY 12, 2012

An Illinois firm whose technology is based on, and licensed from Pasadena-based Materia and Caltech , has raised a whopping, $104M funding round. Elevance is using olefin metathesis technology, licensed from Materia, and originally developed by Noble Prize winning Caltech professor Robert H.

CalTech 140

CalTech Pasadena Equity Funding 140

socalTECH

MARCH 31, 2009

The stock market is showing progress these past few weeks, local start-ups are beginning to see an increase in VC funding and SoCal technology firms are hiring. millions jobs have been lost since 2007 in the US, and more are predicted this year, even as we slowly approach recovery. Yet, we are not out of the woods.

Layoffs 100

Layoffs SoCal Southern California Statistics 100

socalTECH

SEPTEMBER 6, 2011

Damarillo is known for founding GlueCode, which he sold to IBM in 2005, Logicblaze, which he sold to Iona Technologies in 2007, and for founding Webtide, which was sold to Intalio in 2009. Morphlabs also said it anticipates additional funding announcements before the end of the year. READ MORE>>.

Manhattan Beach 154

Manhattan Beach Cloud Computing IBM IBM 154

socalTECH

MARCH 16, 2010

Earlier this month, Azusa-based CFX Battery , a stealthy battery technology spinout from Caltech, announced it had raised a new round of funding worth $14.2M. This week, the firm announced that it was renaming itself Contour Energy (www.contourenergy.com)--and said it was ready to talk about what its battery technology is all about.

CalTech 168

CalTech Technical Review Azusa Venture Capital 168

socalTECH

JANUARY 23, 2009

PricewaterhouseCoopers and the National Venture Capital Association (NVCA) released their 2008 Q4 MoneyTree Report this evening, reporting that $28.3 Clean Technology saw a 52 percent increase in terms of dollars, and 16 percent growth in deal volume over 2007, reaching an investment level of $4.1 in 37 deals in 2007.

Southern California 100

Southern California Rustic Canyon Orange County Miramar 100

socalTECH

AUGUST 20, 2010

The company was founded in 2007, and the initial emphasis was to deliver to end users a personalized content portal on their smart phone, learning what they like anticipate what they'd like to see, and pay for it using personalized advertising. When I joined the company, I found an amazing technology platform and analytics capability.

Content 189

Content Screening Mobile Customer 189

socalTECH

JUNE 17, 2009

Yesterday, Santa Monica-based SharesPost (www.sharespost.com) launched a new service of particular interest to the venture capital and high tech startup market, a new, online service which facilitates the buying and selling of private company stock. Greg Brogger: I founded BrightHouse in the middle of 2007, along with Scott Painter.

Startup 124

Startup Zag Venture Capital Equity 124

socalTECH

MARCH 30, 2011

Last week, El Segundo-based Accordent Technologies , a developer of webcasting and presentation services and software, was acquired by Polycom, in a $50M deal. The firm's investor was San Diego-based TVC Capital , which invested only $4M in total in Accordent before it was acquired. When did you invest in the firm?

Capital 168

Capital Hermosa Beach El Segundo Invest 168

socalTECH

OCTOBER 2, 2012

Southern California's technology community--despite all of the recent excitement around Silicon Beach--continues to be underserved in terms of capital, with a lack of venture capital funds (with money), and other private technology investors. The second reason is that we are a hybrid fund with a unique strategy.

Acquisition 168

Acquisition Software Review Technical Review Equity 168

socalTECH

MARCH 12, 2019

Two of the hottest sectors in the market today for investments and startups are in the area of machine learning/big data and advancements in automotive technology. We had a new tablet we had developed back in 2007, and we were asked to come up with concepts to drive cellular usage.

Artificial Inteligence 113

Artificial Inteligence Startup Commerce Platform 113

socalTECH

JULY 13, 2009

The new fund is focused entirely on technology companies. A large amount of this new fund, somewhere between 20 and 30 percent, is focused on technology in the financial services sector. So we're focused on technology, and financial services. What's your thoughts on the local venture market? That as unhealthy.

GRP Partners 157

GRP Partners Southern California Santa Barbara Rustic Canyon 157

socalTECH

JULY 20, 2009

Because we've really hit a strong note, with Jetty used in thousands and thousands of domains out there, our technology is our calling card, and our service is sold to people who value them. We've profitable and cash flow positive all the way through, whereas a VC-funded company tends to run losses while they build out their market.

IBM 100

IBM IBM Mission Ventures Venture Capital 100

socalTECH

FEBRUARY 9, 2009

We brought together Peter Cowen of Groundwork Equity , Mark Suster of GRP Partners , Rick Smith of Crosscut Ventures , and Richard Yen of Saban Ventures -- all of who will be on the judging panel for the Tech Coast Angel's Fast Pitch on February 24th, to give us a their hints and tips about pitching to venture capitalists.

Tech Coast Angels 100

Tech Coast Angels Ideas Entrepreneur Invest 100