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Mission Ventures Gets Exit, As TIBCO Acquires Alpine Data

socalTECH

San Diego-based venture capital investor Mission Ventures has seen an exit in its venture portfolio this morning, at data science and Hadoop software developer Alpine Data. Financial details of the acquisition were not announced by the companies. in funding. READ MORE>>.

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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. Financial terms of the acquisition were not announced, however, an SEC filing indicates the deal was worth around $50M, split between $44M in cash and $6M in stock. READ MORE>>.

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Venture Firm: We Missed That Networks In Motion Deal

socalTECH

NIM, which was acquired last week for $170M, had been backed by venture firms Redpoint Ventures, Mission Ventures, and Sutter Hill Ventures. OVP is known for its list of "missed deals" in its portfolio, and recently added Networks In Motion to its missed deal for its 2001-era Fund 6. READ MORE>>.

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Webtide Acquired By Intalio

socalTECH

Webtide was self-funded, and was headed by Adam Lieber, who has previously been at Gluecode and Mission Ventures. According to Intalio, Webtide will be managed as a fully-owned subsidiary of the company, with Lieber joing the firm as Chief Open Source Officer. the United Kingtom, Italy, and the Philippines. READ MORE>>.

Java 100
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This Week in VC: Michael Montgomery (President, Montgomery & Co.)

Both Sides of the Table

Shame they didn’t like his suggested name for the company: DreamWorks SKG-MM. You have to be selected to present and it is typically reserved for companies that have already raised early-stage capital and are well into revenue growth. Should you use investment banks to raise venture capital? We discussed: 1.

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MySpace Startups: Startups From MySpace Vets

socalTECH

socalTECH has mined our proprietary database of startups and other tech companies to find some of the firms spawned by former MySpace executives. Venture backers : Anthem Ventures, the Mailroom Fund, Rincon Venture Partners. Venture backers : Mohr Davidow Ventures, Mission Ventures, Tech Coast Angels, Ron Conway.

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