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Venture Capital Totals $603.2M In Southern California In Q3

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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. was invested in the region. was invested in the region.

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DTS Snags Dolby, Investment Banking Vet As New Board Member

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Calabasas-based sound and audio processing technology developer DTS has named a veteran of Dolby Laboratories as a member of its board of directors, the company said on Thursday. Cohen also has been on the board of 7digital Group plc, and had been in investment banking at Cohwn Group, Volpe Brown Whelan, and J.P. READ MORE>>.

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Strix Systems Gets Strategic Investment, Opens Indian R&D Center

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Calabasas-based wireless networking hardware provider Strix Systems said today that the firm has received an "inflow" of strategic investments from investors, and also opened up a R&D center in India. Amount of the investment, and names of the strategic investors was not disclosed.

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Skyline Financial Raises $8.2M From GRP, Others

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Los Angeles-based venture capital firm GRP Partners --which has been very active in the local technology startup market--has made its latest investment, in an interesting industry: mortgage lending. GRP is the lead investor in Skyline Financial , a Calabasas-based provider of mortgage banking and lending.

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What Lynda.com Plans With Its $103M Funding, with Eric Robison

socalTECH

Last week, Carpinteria-based Lynda.com announced one of the biggest investments in the region in the last few years--a $103M, growth equity investment in the company, which came from Accel Partners and Spectrum Equity. Tell us a bit on the investment? Why did you decide to take investment now?

Funding 164
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What Lynda.com Plans To With Its $103M Funding, with Eric Robison

socalTECH

Last week, Carpinteria-based Lynda.com announced one of the biggest investments in the region in the last few years--a $103M, growth equity investment in the company, which came from Accel Partners and Spectrum Equity. Tell us a bit on the investment? Why did you decide to take investment now?

Funding 164
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IDrive Launches New, $10M Startup Fund

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Calabasas-based IDrive , the provider of online backup storage led by Raghu Kulkarni, has launched a new, $10M startup fund called IDrive Ventures , the company said Friday. The company said it has already investe in four different companies out of the fund. READ MORE>>.

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