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Venture Capital Totals $603.2M In Southern California In Q3

socalTECH

Venture capital investments in Southern California for Q3 of 2011 are up from last year, but down from last quarter, according to the latest numbers from PricewaterhouseCoopers and the National Venture Capital Association based on data provided by Thomson Reuters. The latest MoneyTree report from the three find that $603.2M

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The State of the Capital Markets

SoCal Tech Calendar

Wednesday, January 4, 2012 -- The State of the Capital Markets. What does all this mean mean for the state of the capital markets? The economy remains weak, the national debt is growing rapidly, corporate profits are at all-time highs, and private equity firms have nearly $1 trillion in purchasing power. See [link] (more)

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Labrador Systems Raises $3.1M For Assistive Robots

socalTECH

Calabasas-based Labrador Systems, a startup developing assistive robots for the disabled, has raised $3.1M in a seed funding, the company said this week. The funding was led by Amazon's Alexa Fund and iRobot Ventures, and also included SOV and Grep VC.

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LA tech industry mourns Kobe Bryant

TechCrunch LA

The Los Angeles startup community is joining the rest of the world in mourning the death of NBA superstar, entrepreneur and investor Kobe Bryant who was killed in a helicopter crash in Calabasas, Calif., shortly before 10 a.m.

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National Technical Systems Acquired By Private Equity Firm

socalTECH

Calabasas-based National Technical Systems , a provider of testing laboratories, certification services, and related services, is now officially a private company, after the acquisition of the company by Los Angeles private equity company Aurora Capital Group. per share in cash, taking the Calabasas firm off the Nasdaq on Friday.

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Spotlight Ticket Management Raises $6M

socalTECH

Calabasas-based Spotlight Ticket Management has raised $6M in a growth financing round, the company said today, which came from Point Judith Capital, and also included Coyote Ridge Ventures. enterprise corporate ticketing financing growth capital venture management ticket spotlight' Spotlight is led by Tony Knopp. READ MORE>>.

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Spotlight Sees Growth At New HQ

socalTECH

Spotlight , the venture backed provider of software-as-a-service for managing sports and entertainment tickets, said this week that it has moved from Woodland Hills to Calabasas, in expectation of growth in its staffing. from Point Judith Capital--said its new space is more than 60 percent larger than its previous headquarters.