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Cheezburger Deal Spawned Out Of LA's TwiistUp

socalTECH

and FAIL Blog web sites, apparently was spawned out of an introduction at last year's Twiistup technology conference, according to investor the Foundry Group. Along with Foundry, both Madrona Ventures and San Diego's Avalon Ventures were investors in the round. READ MORE>>.

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Southern California Venture Totals Drop in Q4

socalTECH

"Over the past several months, as you are all aware, the economic sitution forced all venture capitalists to review their allocations," according to Pascal Levensohn, a venture capitalist at Levensohn Venture Partners, commenting on the dropoff in investments in Q4 in conference call. READ MORE>>.

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Plug and Play San Diego Finds Home in New Downtown Works Space

Xconomy

The co-working space occupies the top floor and mezzanine of the building, and includes shared desks, offices, conference rooms, kitchen, and rooftop deck. Downtown Works is a co-working space for technology startups that opened last month in a completely renovated office building at the corner of India and West B streets. It’s really cool.”.