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Interview with Michael Aleles, Quippi

socalTECH

Southern California in recent years has become a hotbed of financial startups, and for years has been a destination for companies looking also to address companies across the border in Mexico and Latin America. One of the startups here at the intersection of both, is San Diego''s Quippi (www.quippi.com). What is Quippi all about?

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SoCal Venture Deals Up In Q2

socalTECH

Investments by venture capitalists in Southern California were up, both in terms of deals and dollars in Q2, according to the latest numbers from PricewaterhouseCoopers and the National Venture Capital Association (NVCA). in 91 investments, up significantly from the $451.8M Both LA and OC were both up in terms of deals and dollars.

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Southern California Firms Raise $738M In Q4 2011

socalTECH

The amount is up from $528.0M raised in Q4 of 2010, and up from the $652M invested in the region last quarter. Orange County--boosted in a large part by a funding for Fisker Automotive--racked up $242.45M in funding. Southern California fundraising matched a similar increase nationally, where $28.4 in venture funding.

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Enlibrium Finds $15M For Cancer Drugs

socalTECH

The funding was led by Avalon Ventures and TPG Biotech, and also included Correlation Ventures and Osage University Partners. The startup said it is developing novel drugs based on the anti-cancer activity of metformin and designed to reduce cancer energy production to treat a range of cancer types. READ MORE>>.

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ScoreStream Nabs $2M For Local Sports Crowdsourcing

socalTECH

The startup--led by technology startup vet Derrick Oien--said the funding was led by Sinclair Digital Ventures, a division of Sinclair Broadcast Group. Also participating in the funding was Avalon Ventures, New Enterprise Associates, and angels, including Kevin Plank (Under Armour) and Paul Palmieri (Millennial Media).

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Avalon Leads $18M in Early Funding for Cancer Immunotherapy Startup

Xconomy

San Diego’s Avalon Ventures led the Series A round, and has established Fortis at COI Pharma, the firm’s biotech incubator (which now houses 16 life sciences startups). Lilly Asia Ventures, Osage University Partners, and Vivo Capital joined in the deal, according to a statement from Avalon. Bregua Corp.,

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How ScoreStream Is Crowdsourcing Its Way Into High School Sports Media

socalTECH

We caught up with serial entrepreneur Derrick Oien , who is CEO of the company, to learn more. Tell us a little bit about this new startup? Derrick Oien: We started ScoreStream three years ago. It's actually nice that there is a shortage of capital for sports startups. I was at MP3.com, com, and then Intercasting.

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