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The funding was co-led by Andreessen Horowitz and Index Ventures, and also included Michael Ovitz and Ron Conway's SV Angel fund. Elbaz said, in particular, that the firm's local data information is in high demand from developers of mobile and web applications. Factual previously had raised $2M in angel funding.

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Here, we have the thoughts of Rob Freelen , Los Angeles Market Manager for Silicon Valley Bank (www.svb.com). Signal Sciences, a Culver City web application security company, is adding impressive clients and just closed a $30M Series C that will help it continue to scale. What was the biggest lesson you learned this year?

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SIGNIFICANCE PASSING-MENTION. --> Tech Titans Hit the Beach As Silicon Valley moguls go on a home-buying spree in Los Angeles, theyre reshaping the real-estate landscape. Tech entrepreneurs and executives from Silicon Valley are moving south and buying up luxury homes in the Los Angeles area. PERSON David Sacks PERSON|David Sacks.

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