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Report Tallies $7.7 Billion In SoCal IT Exits In 2011

socalTECH

The report--compiled by Ocean Road Partners--included both venture-backed and self-financed information technology companies. Green Dot's backers included Sequoia Capital, Total Technology Ventures, and the Tech Coast Angels. The exit was the eighth highest in the database, according to Ocean Road Partners.

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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. Oclaro is using ClariPhy's technology in the 100G Coherent Long Haul and Ultra Long Haul market.

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Staccato Wireless Gets Design Win

socalTECH

San Diego-based Staccato Communications, which develops ultra-wideband (UWB) and wireless USB technology, has scored a design win with Imation. Staccato said that Imation will use the firm's USB solution as part of a wireless projector system. Financial impact of the win was not disclosed. READ MORE>>.

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Southern California Investments On Uptick, Totals $686.5M For Q1

socalTECH

Southern California venture capital investments totaled $686.5M in 29 venture capital deals for Q1. The energy and clean technology sector actually helped boost investments in Los Angeles, as well, with big deals for Torrance-based Amonix , which raised $64.4M Clean technology in Southern California represented $230.0M

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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.

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Industry Needs Common Security Standards to Thwart IoT Attacks

Xconomy

A silver lining has emerged in the wake of the massive and well-publicized denial-of-service attack launched less than two months ago by hackers using millions of IoT devices to cripple the websites of major companies like Amazon, Netflix and Twitter.

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