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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.

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Embarke Raises $1.25M For Email MarketingTools

socalTECH

San Diego-based Embarke has raised $1.25M in a funding round, which the company''s founder said came from a number of venture capitalists and angel investors. embarke venture capital funding seed email marketing optimization' The company is led by Al Bsharah. 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

A quick analysis of venture capital deals in Q1, tracked by socalTECH, finds that there was around $1.4 billion in venture activity here in Q1, up significantly from around $997M tallied in Q4. 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 Venture data, however, only partly support Krenn’s exhuberance. I haven’t seen it this good since 2007,” he says.

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Layoffs Hot Keyword for Second Half of January 2009

SoCal CTO

When I drill down on that term, you can see why with posts like: Hollis-Eden Pharmaceuticals Lops A Third Of Company THQ Lays Off 100 Employees, Closes San Diego Office Citrix Cuts 10 Percent; Santa Barbara Hit And it's also interesting to see what geographies are being associated with "Layoffs" more often than others: Layoffs Woodland Hills Layoffs (..)

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Southern California Venture Totals Drop in Q4

socalTECH

PricewaterhouseCoopers and the National Venture Capital Association (NVCA) released their 2008 Q4 MoneyTree Report this evening, reporting that $28.3 San Diego led in the report for the quarter, with $205M in 24 deals; Los Angeles had nearly $198.6M billion was invested in 3,808 deals in the fourth quarter of 2008.