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Southern California venture capital investments totaled $686.5M in 29 venture capital deals for Q1. Media and Entertainment was at $55.5M for the quarter, up from both Q4 of last year as well as the comparable Q1 quarter in 2009, according to the latest numbers from PricewaterhouseCoopers and the NVCA. across 31 days.
Irvine-based Quartics , the digital media processing chip firm headed by former AST founder Safi Qureshey, has raised $13.3M Quartics has previously raised capital from EnterprisePartners, Focus Ventures, Foundation Capital, Globespan CapitalPartners, and Integral CapitalPartners.
Irvine-based Quartics, which is developing semiconductors for media processing, said Monday that it has named former AMD Executive Vice President Mario Rivas as the firm's new CEO. Quartics is backed by EnterprisePartners, Foundation Capital, and others. READ MORE>>
VMIX said that Scion will launch a new web site, www.ScionAV.com , using the firm's media management and delivery tools. VMIX is venture backed by JK&B Capital and ATA Ventures, Mission Ventures and EnterprisePartners. Financial impact of the win was not disclosed. READ MORE>>.
VMIX is now focused on media management tools for web publishers; originally, the firm was focused on a consumer tool for allowing users to create video slideshows. The company is venture backed by ATA Ventures, EnterprisePartners, JK&B Capital, and Mission Ventures. READ MORE>>
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