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Tech Coast Angels Invests $4.5M In First Half Of 2012

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The Tech Coast Angels said today that it has totalled up its investments for the first half of 2012, and found that it invested $4,571,000 in direct investments--as part of $10M in funding--for 17 companies. in 17 companies. READ MORE>>.

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MicroPower Turns To Financing To Spur Demand

socalTECH

San Diego-based wireless video surveillance developer MicroPower Technologies --which was part of the EvoNexus business incubator--said this week that it has started up a financing program, to spur demand for its surveillance systems. MicroPower is backed by Karmel Capital, Motorola, and the Tech Coast Angels.

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MicroPower Technologies Steals Away Engineering VP From 3D Robotics

socalTECH

The company said Tim McConnell--the former VP of Engineering for high flying drone developer 3D Robotics--joins the company in that role to spearhead the company''s technology strategy and development, and lead its engineering team. McConnell has previously also served at Solekai Systems, among other companies.

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Atlazo Finds $3.4M For Healthcare IoT Technology

socalTECH

The funding round was led by the Tech Coast Angels, and the TCA's San Diego chapter. According to the TCA, its angel network members invested $2.5M Atlazo is led by founder and CEO Dr. Karim Arabi; the company was part of EvoNexus, the startup incubator that operates in both San Diego and Orange County.

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New Group Looks To Bridge Gap Between Research, Companies

socalTECH

Taking notice of the gap between the amount and depth of research and technology at local universities, and new company formation, a new group has quietly formed in Los Angeles to tackle the issue. The founders of the group, Richard Koffler and John Morris , are two well known investors in the Los Angeles area.

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MicroPower Expands Product To Australia

socalTECH

The company said it has made its SOLVEIL surveillance solution available through technology and service provider Western Advance. MicroPower Technologies is one of the companies which came out of the EvoNexus business incubator. The company's investors include Karmel Capital, Motorola, and the Tech Coast Angels.

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MicroPower Technologies Finds $5.7M In Funding

socalTECH

The funding came from Karmel Capital and others. The company said the new funding will go towards product development, sales, and marketing. MicroPower--which was originally incubated in EvoNexus--develops wireless, power-efficient surveillance cameras powered by integrated solar panels. READ MORE>>.