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Santa Barbara, San Diego Tops On Per-Capita Venture Capital

socalTECH

A new study released earlier this month has ranked the Santa Barbara-Santa Maria-Goleta metropolitan area, as well as the San Diego-Carlsbad-San Marcos metropolitan area among the top ten markets for venture capital activity. in deals in 2012 and 3.3 venture capital deals per 100,000 people.

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RingRevenue Gets $3.25M For Call Marketing Automation

socalTECH

Santa Barbara-based RingRevenue , which develops call marketing automation technology, said Wednesday that it has raised $3.25M in a funding round. RingCon said the new funding will go towards aggressively expanding sales, marketing, and software development. The round was led by GRP Partners and Rincon Venture Partners.

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Apeel Sciences Finds $70M

socalTECH

Walter Robb, the former CEO of Whole Foods Market, joins the company's board as part of the funding round. As part of the funding, Apeel said it will be growing its team in Santa Barbara, out of a 105,000 square-foot facility in Santa Barbara. Apeel was founded and is led by CEO James Rogers. READ MORE>>.

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Resonant Files For IPO

socalTECH

Santa Barbara-based Resonant, Inc. , in an IPO on the Nasdaq Capital Market. The IPO offering is being underwritten by MDB Capital Group. was spun out of Superconductor Technologies in 2012. The company says is it looking to trade on the NASDAQ Capital Market under the symbol "RESN".

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Upfront Ventures Raised New $280 Million Fund

Both Sides of the Table

We’ve been dying to tell you all for a while that we had raised a new venture capital fund and of course given SEC filing requirements the story was somewhat already scooped by the always-in-the-know Dan Primack a few weeks ago. Our last fund we raised was in 2012 and we began investing it in April of 2012.

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ACG 101's Annual MandA Update

SoCal Tech Calendar

Wednesday, April 4, 2012 -- ACG 101's Annual MandA Update. Multiples for middle market companies remained relatively strong in 2011, at an average of 8.2x Total merger and acquisition deal volume in 2011 increased 24% from 2010, with over 16,000 transactions aggregating to $1.1 trillion in value.

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Nine Startup Tips From Michael Dell

InfoChachkie

According to a January 2012 article in Forbes Magazine , nearly 16% of the 400 most affluent Americans do not have a college degree. I generally encourage my UC Santa Barbara students to complete their formal education before joining or creating a startup. We Don't Need No Stinkin' Degrees. "As Look around.

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