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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. LRES did not give details on Bye's prior experience, only saying he had worked at a "Jacksonville, FL-based provider of third-party bundled services and front-end lending technology".

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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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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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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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OK, So Maybe Not ALL MBA Entrepreneurs Are Oxymorons

InfoChachkie

The close allegiance between Wall Street and top business schools facilitates MBA entrepreneurs’ fundraising efforts, especially for consumer-oriented companies which can require outlandish amounts of capital to reach critical mass. Startups formed by Wharton, Harvard and Stanford MBA’s collectively raised $15.8 billion from 2010-2015.

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

socalTECH

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 in the quarter; Coda Automotive , with $25M invested; and eSolar , with $20M. of the total invested in Q1.