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ClariPhy Nabs $24M

socalTECH

The round included new strategic investor Oclaro, multiple un-named telecom OEMs, as well as existing investors Norwest Venture Partners, Allegis Capital, ONSET Ventures, and Pacific General Partners. ClariPhy said the new funding will go towards delivering a new class of sigle-chip ICs focused on optical networking.

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Insights and Opinions: Returns From Southern California IPOs

socalTECH

Funk is a venture capitalist who founded OceanRoad Partners and has been a Managing Director with Allegis Capital, where he invested in Sandpiper Networks, Rent.com and Shopzilla. Previously, we reviewed the performance of southern California technology IPO's from 1995 through the end of 2000.

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OK, So Maybe Not ALL MBA Entrepreneurs Are Oxymorons

InfoChachkie

Large Capital Requirements – MBA’s, especially those from top schools, have access to significant amounts of capital, primarily through their alumni and peer networks. These highly-capitalized MBA startups are 24% more likely to reach a $100M+ valuation, compared to the Silicon Valley control group of non-MBA led companies.