socalTECH

APRIL 15, 2009

San Diego-based Nirvanix confirmed today that the firm has raised $5M in a new venture funding round. According to the firm, the new round came from original investors Intel Capital, Mission Ventures, Valhalla Partners, and Windward Ventures. The funding was first covered by socalTECH M last week.

Windward 100

Windward Funding SoCalTech Mission Ventures 100

socalTECH

DECEMBER 12, 2012

Irvine-based Enevate , a developer of rechargeable lithium ion batteries, has raised $24M in a Series B funding, the company said this morning. The round came from CEC Capital, Tsing Capital, and Presidio Ventures, along with prior investors Mission Ventures and Draper Fisher Jurvetson.

Technology 153

Technology Draper Mission Ventures Capital 153

socalTECH

OCTOBER 27, 2011

The firm--which is backed by Artiman Ventures, Mission Ventures, and Comcast Interactive Capital, among others--indicated it had raised $2.0M out of a $2.15M funding effort, in a combination of debt and warrants. No details on the new funding have been announced by the company.

Mission Ventures 160

Mission Ventures Funding Capital Software 160

socalTECH

JUNE 20, 2011

in a convertible debt funding round, according to a filing from the firm Friday. The filing indicates the funding is part of a $3.786M fundraising effort still in progress by the company. Source of the new funding was not announced.

Mission Ventures 150

Mission Ventures Funding Software Capital 150

socalTECH

SEPTEMBER 17, 2013

Nirvanix apparently told some of its biggest partners and customers Monday about the shutdown, although the company has yet to release any public notice of the shutdown plans. The company seemed to be on the upswing, with a long list of high profile customers; the company had even hired Zynga''s CIO earlier this year.

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Customer Custom Windward S3 147

socalTECH

MAY 3, 2012

San Diego-based cloud storage provider Nirvanix announced this morning that it has raised over $25M in a Series C funding round, which it says will go to "significantly expand" its engineering organization. Nirvanix said it has now raised $70M in total capital. READ MORE>>.

Windward 133

Windward Mission Ventures San Diego Organization 133

socalTECH

NOVEMBER 16, 2010

La Jolla-based Ortiva Wireless , a developer of mobile video optimization technology, confirmed Tuesday afternoon that it has raised $8M in its Series C funding. The round was led by Intel Capital, and also included current investors Comcast Interactive Capital, Artiman Ventures, and Mission Ventures.

SoCalTech 140

SoCalTech Mission Ventures Mobile Resource 140

socalTECH

NOVEMBER 10, 2010

Pasadena-based LeisureLink , a provider of distribution services for specialty lodging and vacation rentals, announced today that it has raised $9M in a Series C funding round. The round came from current investors, including Clearstone Venture Partners, Mission Ventures, and Wyndham Exchange & Rentals. READ MORE>>.

Clearstone 160

Clearstone Mission Ventures Pasadena Platform 160

socalTECH

SEPTEMBER 22, 2010

The firm appears to be the company Damarillo told socalTECH in July which had just received venture funding. MaestroDev lists venture capitalist Leo Spiegel, of Mission Ventures, as a board member; Damarillo serves as Chairman. READ MORE>>.

Java 242

Java Manhattan Beach SoCalTech Mission Ventures 242

socalTECH

SEPTEMBER 23, 2009

in a new round of funding, according to a regulatory filing from the firm today. No details on the funding have been released by the firm. RotoHog has previously raised funding from Allen & Company, DFJ DragonFund, Mission Ventures, and SCP Worldwide. According to the filing, the round target is $2.62M.

Mission Ventures 145

Mission Ventures Venture Capital Los Angeles Funding 145

socalTECH

SEPTEMBER 29, 2009

in a new funding round, according to a regulatory filing by the firm today. Details on the funding have not been announced by the company. The filing shows representatives from JK&B Capital, Mission Ventures, ATA Ventures, and Enterprise Partners--all prior investors in the firm--remain on the board of directors.

Mission Ventures 124

Mission Ventures SaaS Enterprise Partners San Diego 124

socalTECH

OCTOBER 20, 2009

San Diego-based Internet radio firm Slacker has now raised its latest funding round to $12.1M, and appears to have expanded the target size of the round to $14.2M. No new investors were listed in the funding, and the firm has not announced any details on its fund raising efforts. READ MORE>>.

Mission Ventures 140

Mission Ventures San Diego Funding Capital 140

socalTECH

DECEMBER 8, 2009

funding round, according to a regulatory filing by the firm. No details on the funding have been announced by the company yet. Mochila is venture backed by Charles River Ventures, Greenspun Corporation, Jerry Colonna of JPMorgan Partners, Mission Ventures, and A.H. in an ongoing $2.0M

Mission Ventures 124

Mission Ventures Content Capital Funding 124

socalTECH

OCTOBER 1, 2009

Los Angeles-based RotoHog , developer of online fantasy sports games headed by Kelly Perdew, has confirmed that the firm's recently $2M funding came from Mission Ventures. In an open letter to customers earlier this week, Perdew said the funding from Mission will help the company grow as a brand.

Mission Ventures 133

Mission Ventures Venture Capital Los Angeles News 133

socalTECH

DECEMBER 9, 2009

San Diego-based Transaction Wireless , a developer of mobile gift card and other mobile marketing products, announced this morning that it has raised an additional $2M in funding. The funding came from its existing investors, Mission Ventures and Okapi Ventures. READ MORE>>.

Mission Ventures 133

Mission Ventures San Diego Mobile Venture Capital 133

socalTECH

AUGUST 2, 2011

in a new funding round, according to a regulatory filing from the firm Tuesday. Source of the new funding was not announced by the company, however, the firm's board continues to include representatives from Mission Ventures and Valhalla Partners. READ MORE>>.

Activity 124

Activity Torrance Mission Ventures Funding 124

socalTECH

NOVEMBER 10, 2010

San Diego-based Nirvanix , the provider of cloud storage services, said today that it has raised another $10M in a funding, and appointed a new CEO. The firm said the new round is a Series B, and comes from investors Intel Capital, Mission Ventures, Valhalla Partnes, and Windward Ventures. READ MORE>>.

Windward 153

Windward S3 Mission Ventures San Diego 153

socalTECH

OCTOBER 1, 2009

The funding had first been reported by this publication Tuesday. According to VMIX President and CEO Mike Glickenhaus, the new funding will go towards accelerating growth plans and for expansion into new markets. VMIX said the new round brings the company's total raised to $23.5M. READ MORE>>.

Mission Ventures 100

Mission Ventures San Diego Report Capital 100

Both Sides of the Table

JULY 10, 2010

This episode of This Week in Venture Capital featured Michael Montgomery, president of Montgomery & Co. Shame they didn’t like his suggested name for the company: DreamWorks SKG-MM. Should you use investment banks to raise venture capital? We discussed: 1. This is often in the 5-7% range.

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Venture Capital Mission Ventures Capital Help 242

socalTECH

MARCH 25, 2009

in a first tranche of additional funding for the travel firm, the company disclosed today. LeisureLink, which provides a distribution and booking service for specialty lodging, said the round was led by Mission Ventures and Clearstone Venture Partners, and also included participation from its other insiders.

Clearstone 124

Clearstone Mission Ventures Pasadena Capital 124

socalTECH

MAY 14, 2009

in a funding round, based on a regulatory filing from the company. Details on the funding have not been released. According to the filing, Mark Leschly of Rho Ventures joins the firm's board, which also includes representatives from Centennial Ventures, Sevin Rosen Funds, and Mission Ventures, all prior investors in the firm.

Mission Ventures 100

Mission Ventures San Diego Content Funding 100

socalTECH

APRIL 14, 2009

in a Series B funding for the firm. According to the company, the funding came from Mission Ventures, Selby Ventures, and the Tech Coast Angels. The company said the new funding will go to accelerate research and development, along with sales and marketing. READ MORE>>.

Entertainment 100

Entertainment Tech Coast Angels Mission Ventures Research 100

socalTECH

DECEMBER 10, 2009

NIM, which was acquired last week for $170M, had been backed by venture firms Redpoint Ventures, Mission Ventures, and Sutter Hill Ventures. OVP is known for its list of "missed deals" in its portfolio, and recently added Networks In Motion to its missed deal for its 2001-era Fund 6. READ MORE>>.

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Networking Orange County Redpoint Mission Ventures 133

Jason Nazar

MARCH 22, 2011

I recently hosted a panel at the Twiistup Conference about LA tech companies. I have some pretty specific thoughts on the differences between companies in the two cities, as I wrote about in my previous post A Tale of Two Tech Cities. Challenge #1 – Tech Companies are Not Typically Started by Technologists.

Company 111

Company Companies Startup Twiistup 111

socalTECH

MAY 19, 2009

Nirvanix is a privately held company backed by more than $23 million in venture funding. Its backers include Intel Capital, Valhalla Partners, Mission Ventures, Windward Ventures and the European Founders Fund. READ MORE>>.

Windward 100

Windward Cloud Computing Chief Technology Officer Mission Ventures 100

socalTECH

OCTOBER 1, 2008

A study of the venture capital deal flow in Southern California conducted by socalTECH shows that venture capital deals dropped for Q3, to around $720M in deals, in a market dominated by clean technology firms. in venture capital deals in the third quarter, down dramatically from $1.2B

Southern California 100

Southern California SoCalTech Technical Review Draper 100

socalTECH

JULY 9, 2009

A recent analysis by socalTECH, of our detailed tracking of venture capital investment activity in Southern California, finds that there was around $932M in funding raised in the area in Q2, a rise from roughly $700M in Q1. in San Diego; actual investment amounts into the firm have not been confirmed by the company.

Southern California 100

Southern California Tech Coast Angels Technical Review Venture Capital 100

socalTECH

JANUARY 13, 2009

Zierick has also previously been at Peregrine Systems and McKinsey & Company. Nirvanix is venture backed by European Founders Fund, Intel Capital, Mission Ventures, Valhalla Partners, and Windward Ventures. The firm said that Zierick remains on the board of directors of Aspyra.

Windward 100

Windward S3 Mission Ventures SaaS 100

socalTECH

OCTOBER 28, 2008

Venice Beach-based Access 360 Media, which operates an out-of-home advertising network, said today that it has raised $8M in a Series B funding round. The round was led by Mission Ventures, and also included Bessemer Venture Partners. According to Access 360, the new funding will go towards accelerating company growth.

Media 100

Media Mission Ventures Venice Advertising 100

SoCal CTO

FEBRUARY 4, 2009

But, in running it now for the second half of January, the keyword that popped to the top was: Layoffs And this is definitely a sign of the times.

Layoffs 159

Layoffs Woodland Hills Southern California Orange County 159

socalTECH

SEPTEMBER 22, 2008

Kibble, who was returning from a board meeting of the National Venture Capital Association (NVCA) Friday, said the topic was definitely on the minds of other venture capitalists on the board of the NVCA. The question is, what does this mean for entrepreneurs and companies looking for investments? "I

Rustic Canyon 124

Rustic Canyon Invest Technology Southern California 124

socalTECH

SEPTEMBER 21, 2010

socalTECH has mined our proprietary database of startups and other tech companies to find some of the firms spawned by former MySpace executives. Venture backers : Oak Investment Partners, Spectrum Equity, W Capital Partners, Goldman Sachs & Co., Venture backers : Anthem Ventures, the Mailroom Fund, Rincon Venture Partners.

Startup 178

Startup Tech Coast Angels Demand News 178

socalTECH

JULY 20, 2009

Adam also had a stint at Mission Ventures, and ran worldwide sales for open source middleware at IBM. Webtide is designed to be a company which is the expert on using Jetty in companies. Adam Lieber: I think the business model for any particular open source company depends on the open source.

IBM 100

IBM IBM Mission Ventures Venture Capital 100

Xconomy

OCTOBER 30, 2016

The program provided each company with $25,000 in financing, and a spot for three months in the startup camp program at the Plug and Play Tech Center in Sunnyvale. Companies that participated in the program include Airbitz, Rock My Run, TipNetwork, Vioozer, Raynforest, Stretchr, and Ahorro Libre. billion under management.

San Diego 40

San Diego Incubator Avalon Mentor 40

socalTECH

MARCH 26, 2009

funding round for the firm's travel booking service. We caught up with Eric Hovanec, the firm's CEO, and Steve Reich, the firm's SVP of Sales, to hear more about the funding. What will the funding be used for? Yesterday, Pasadena-based LeisureLink (www.leisurelink.com) announced a $6.2M We closed in the middle of March.

Startup 113

Startup Platform Clearstone Content 113

Both Sides of the Table

JANUARY 31, 2010

This was evident at the Twiistup pre-event company pitch last week at UCLA. Francisco Dao came up with the idea of letting 10 companies that weren’t selected for Twiistup to do a presentation the night before to a group of people and let the audience pick one company to win the final slot at Twiistup. I was the judge.

Startup 362

Startup Twiistup Slides Screening 362