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StackIQ Raises $6M

socalTECH

San Diego-based StackIQ , which develops IT automation tools for the enterprise, has raised $6M in a Series B funding round, according to the company. The new funding came from Grayhawk Capital, Keshif Ventures, DLA Piper, and OurCrowd, as well as Anthem Venture Partners and Avalon Ventures. READ MORE>>.

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TweetPhoto Gets $2.6M

socalTECH

San Diego-based TweetPhoto , an online site which allows users to share photos through Twitter, Facebook, LinkedIn, FourSquare, and other social networking sites, said today that it has raised $2.6M in a Series A funding round. The round was led by Canaan Partners and also included Anthem Venture Partners and un-named angels.

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Q1 Southern California Venture Deals Rise To Around $1.4B

socalTECH

The information--gleaned from funding announcements, regulatory filings, and other sources--are also up significantly from Q1 of last year, when only $729.89M was invested in the region. Other big funding deals included a big, $115.3M The biggest deal for the quarter was from Valencia-based U.S. in a March deal.

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Venture Group’s Krenn Sees Improving VC Deals for SD Tech Startups

Xconomy

Call him an optimist if you must, but San Diego Venture Group president Mike Krenn says venture financings for San Diego’s early stage tech startups are on a tear. “I A breakout of regional deal flow so far this year indicates that venture activity in San Diego. That is an insane data point.”

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Interview with Ramit Varma, Revolution Prep

socalTECH

Last week, Santa Monica-based Revolution Prep announced its first, institutional round of funding, worth $15M, from Kennet Partners. The company provides SAT, ACT, and other similar test preparation courses and related software. We wanted to be able to invest in our software and our learning tools.

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Interview with Derrick Oien, Intercasting

socalTECH

We seem to receive lots of pitches from companies looking to attack the mobile market with their mobile software applications, but few who have deployed on-deck with carriers. in funding from Venrock, Avalon, and Masthead. Derrick Oien: We have a platform we develop, called ANTHEM. Intercasting is backed by $17.5M