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Arcturus Get Exit At Pliant

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Pasadena-based venture capital firm Arcturus Capital has scored an exit out of its portfolio this morning, as Milpitas, California-based Pliant Technology was acquired by SanDisk in a deal worth $327M. Arcturus first invested in Pliant in 2007. SanDisk is a major manufacturer of flash memory.

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Ondax Closes Round At $2.2M

socalTECH

The round was led by Prospector Equity Capital and Arcturus Capital, and also included the Pasadena Angels and Tech Coast Angels. Andrea Belz joins the firm's board as part of the funding, representing both the Pasadena Angels and Tech Coast Angels.