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J5 Infrastructure Partners Sets Up Shop In Orange County

socalTECH

A new company, J5 Infrastructure Partners , has launched in Orange County, after the acquisition of two companies by private equity investor Ridgemont Equity Partners. Ridgemont said it purchase two, telecommunications infrastructure companies-- Coretel Inc.

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Impinj Sees Surge In IPO

socalTECH

Impinj , the developer of RFID chips and products which has operations in Orange County, saw a surge in its IPO this morning, and was trading around $17.24 The company is venture backed by ARCH Venture Partners, Polaris Partners, Madrona Venture Group, Mobius Venture Capital, Intel, GF Private Equity, and AllianceBernstein.

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Impinj, With Offices In OC, Sets IPO Pricing Range

socalTECH

Impinj is selling 4,600,000 shares of its common stock on the NASDAQ Global Select Market as "PI", is venture backed by ARCH Venture Partners, Polaris Partners, Madrona Venture Group, Mobius Venture Capital, Intel, GF Private Equity, and AllianceBernstein.

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Welltok, Backed By Trio Of Socal Investors, Buys Mindbloom

socalTECH

Welltok is backed by a trio of Southern California investors, including Qualcomm Ventures, Miramar Venture Partners, and Okapi Venture Capital. Welltok''s CEO, Jeff Margolis, founded health management firm TriZetto in Orange County, and later sold TriZetto to Apax Partners in a huge, $1.4 billion deal in 2008. READ MORE>>.

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Impinj Raises $21M, But Drops IPO Effort

socalTECH

Impinj , a developer of UHF, radio frequency identification (RFID) chips which has linked to Caltech, and an office in Orange County, said today that it has raised $21M in an equity funding round, as well as dropped its plans for an IPO. Impinj said the funding came from AllianceBernstein L.P.,