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LA Group Launches Effort To Promote Technology Corridor In Los Angeles

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What's the best way to encourage development of the technology industry in Los Angeles? The group said that it is hoping to promote the path of the current Expo line as a new technology corridor, to create new "innovation hubs" along the corridor.

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Sixty-four Southern California Firms On Technology Fast 500

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Earlier this week, Deloitte released its latest list of the top 500 growing technology companies, in its 2012 Technology Fast 500. 547% Pasadena Tom Lamb 186 Kyriba Corporation 482% La Jolla Jean-Luc Robert 189 MINDBODY 471% San Luis Obispo Rick Stollmeyer 195 ReachLocal, Inc. 6225% San Diego Kevin C. Frost, Ph.D.

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LAVA Honors Richard Riordan, Local Technology Firms

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The group, which promotes the venture capital industry in the Los Angeles area, also honored local companies for their funding and exit activity. Other IPO finalists were RealD , ReachLocal , and Inphi. Top honors went to ShoeDazzle.com , EdgeCast , NanoH2O , Green Dot , WaveStream , and BeachMint in different categories.

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Southern California Firms Queue Up For The Public Market

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So far, two companies-- Woodland Hills-based ReachLocal , which completed its IPO in May, and Carlsbad-based Maxlinear , which hit the markets in March, have had successful IPOs. The high level of IPO activity--if those firms manage to make it to market--would make this year one of the most active IPO years here since the dot com bust.

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Internet Brands Brisco: Deal Will Allow More Focus On Long Term Growth

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The move is an interesting one, given the number of Southern California technology companies trying to go the other direction, and to hit the public markets. READ MORE>>.

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This Week in VC with Jim Armstrong of Clearstone

Both Sides of the Table

I wish the team well and I’ll certainly be watching actively on the sidelines. Investors: Allen Morgan of Mayfield Fund, ff Asset Management, Bobby Yazdani, Nova Spivack of Lucid Ventures, Zelkova Ventures, Paige Craig, Tom McInerney, Michael Yavonditte of Quigo Technologies, Ofer Ronan. 1.5mm in Series A. Read more: TechCrunch.

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Can You Really Build a Great Tech Firm Outside Silicon Valley?

Both Sides of the Table

I’m just not sure you can build a great technology firm outside of Bay Area.&#. In Silicon Valley you have mega venture capital funds who have a history of giving $20 million to early-stage technology companies hoping to swing for the fences and become the next Google, Facebook or Twitter. You just don’t. Get over it.