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Q1 Southern California Venture Deals Rise To Around $1.4B

socalTECH

billion in venture activity here in Q1, up significantly from around $997M tallied in Q4. The information--gleaned from funding announcements, regulatory filings, and other sources--are also up significantly from Q1 of last year, when only $729.89M was invested in the region. Other big funding deals included a big, $115.3M

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FileTrek Debuts iPad Tool

socalTECH

According to the firm,the new FileTrek iPad app helps workgroup managers and team members to track the flow of projects, data, and activity from their iPad tablet. FileTrek is venture backed by Anthem Venture Partners, Telesystem, and the Ontario Emerging Technologies Funds, and also has operations in Ottawa, Canada.

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Venture Firms Invest Around $1.6 Billion In Q2 2010 In SoCal

socalTECH

An analysis of Q2's venture capital deals and investment activity in Southern California find that venture capitalists invested around $1.6 The deal totals were significantly boosted in the quarter by activity across Biopharmaceuticals ($247.2M billion in the area in Q2, up slightly from around $1.4 billion in Q2 of last year.

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Cocodot.com Ties With Lilly Pulitzer

socalTECH

Cocodot is backed by Anthem Ventures, Mailroom Fund, and Rincon Venture Partners. The firm claims celebrities Gwyneth Paltrow, Brooke Shields, David Arquette, Giada De Laurentiis, David Stark, Courteney Cox and Colin Cowie are all active users of the site. READ MORE>>.

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Four Sites To Add Adventure To Your Summer Travel Plans

socalTECH

AdventureLink is backed by Allegis Capital, Anthem Ventures, and the Mailroom Fund, and is run by adventurer Jeff Dossett. Laguna Beach-based Kijubi is looking to connect travelers with all of those vacation summer activities you were looking for. Adventurelink [ Profile ]. Looking for your summer adventure?

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Southern California Venture Totals Drop in Q4

socalTECH

For Southern California as a region, funding totaled $485M in 74 deals for the quarter, a significant drop from both Q4 of last year, which had $829M and 102 deals; and also from the prior quarter, when there was $779M invested in 84 deals. in funding, driven in a large part by a $32M round for Solarflare Communications. READ MORE>>.

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This Week in VC with Om Malik & Paul Jozefak

Both Sides of the Table

Venture Capital funds: the different between “closed funds&# (which typically have a 10-year time horizon) and “evergreen funds&# which re-invest profits back into the fund. Paul talked about Neuhaus Partners, a 65 million Euro fund with the remit to invest in German-speaking countries. 406 Ventures.