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

socalTECH

Southern California venture capital investments totaled $686.5M According to the report, released today, Southern California investments totaled $686.5M Southern California's investment totals bucked the national trend, which found that there was a 9 percent drop in dollars to $4.7 San Diego was not far behind, with $222.4M

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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.

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Staccato Merges With Artimi, Gets $20M

socalTECH

San Diego-based Staccato Communications, a developer of ultra-wideband wireless semiconductors, announced today that it has merged with fellow UWB developer Artimi, Inc., and raised $20M in new funding. All of the investors were prior investors in either Staccato or Artimi.

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VC Confidence Holds Steady in Quarterly Survey, But Reasons Change

Xconomy

In a survey of 29 Silicon Valley venture capitalists in December, the VCs mulled whether President-elect Donald Trump would buoy up their investment prospects with lower corporate taxes and government regulations, or worsen conditions by heightening global political instability and raising the risk of a major military conflict or economic downturn.