article thumbnail

Cheezburger Deal Spawned Out Of LA's TwiistUp

socalTECH

The $30M funding deal for Seattle's Cheezburger , the web publisher best known for its LOLcats-themed I Can Has Cheezburger? 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. READ MORE>>.

Twiistup 145
article thumbnail

Southern California Venture Totals Drop in Q4

socalTECH

For Southern California as a region, funding totaled $485M in 74 deals for the quarter, a significant drop from both Q4 of last year, which had $829M and 102 deals; and also from the prior quarter, when there was $779M invested in 84 deals. in funding, driven in a large part by a $32M round for Solarflare Communications.

article thumbnail

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

Xconomy

Alex Roudi, the San Diego investor backing the Plug and Play program here, has described the local effort as a bridge to Silicon Valley, by enabling the San Diego companies to make connections and raise funding in the Bay Area. It’s really cool.”. Reprints | Share: UNDERWRITERS AND PARTNERS.