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Report Tallies $7.7 Billion In SoCal IT Exits In 2011

socalTECH

A new report released today tallies up $7.7 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. billion in liquidity was generated in the sector.

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LRES Sets New Sales VP

socalTECH

Orange, California-based real estate technology and services provider LRES has named Mike Bye as its new Vice President of Sales, according to the company. Bye will be responsible for reporting on all sales activities and establishing and managing client relationships. READ MORE>>.

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

socalTECH

According to the report, released today, Southern California investments totaled $686.5M in Q1, up from $588.033M tallied by the report in Q4 of 2009, and up significantly from the $320.2M Clean technology in Southern California represented $230.0M Southern California venture capital investments totaled $686.5M

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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.