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Startup Weekend Ventura County Winner Gets $10,000

socalTECH

Camarillo-based Semtech , which manufactures analog and mixed-sginal semiconductors, says the winner of the recent Startup Weekend Ventura County event, which was held in Camarillo last weekend, has been awarded $10,000 in seed funding. READ MORE>>.

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Interview with Alex Schneider, Ventura Ventures Technology Center

socalTECH

On Thursday, the City of Ventura is formally launching a new incubator, the Ventura Ventures Technology Center (www.v2tc.com), targeted at high tech businesses. What is the Ventura incubator? It's a place where companies can network with each other, collaborate the business, in a brainstorming atmosphere.

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Connexity, Headed by FastClick's Dave Gross, Gets Seed Funding

socalTECH

Camarillo-based Connexity , a new Internet advertising firm headed by former Fastclick CEO Dave Gross, said today that it has raised a seed funding round. The funding round came from Persistence Partners, which is also headed by Gross. Tags: advertising internet fastclick gross dave capital venture connexity. READ MORE>>.

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Maverick Angels Expands Network

socalTECH

According to a note from John Dilts, the angel group's founder and President, the move comes due to the increase in entrepreneurs coming to angel groups, given the retracting availability of funding from banks and venture capital firms. Tags: venture capital investment angel angels maverick. READ MORE>>.

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The Trade Desk Adds Investor

socalTECH

Ventura-based The Trade Desk , the online advertising ad exchange headed by AdECN vet Jeff Green, has added another investor to its recent funding. According to New York-based Wider Wake Networks , it invested more than a half a million dollars in The Trade Desk, as part of the firm's recent $2.5M seed investment round.

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The Trade Desk Quietly Pushes Past $200M In Revenues

socalTECH

Ventura, California--despite a number of growing high tech startups--has not been known for buildling multi-million dollar Internet companies. 5000 rankings--is backed by Double M Partners, Founder Collective, Hermes Growth Partners, IA Ventures, and Wider Wake Networks. in total funding. Trade Desk has raised only $22.5M

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LA's Innovators Get Spotlight, But Investors Cautious

socalTECH

All schmoozing and networking aside, what are investors, entrepreneurs, and others in the industry thinking about? More than one attendee expressed worries about seed level startups having issues getting more funding; seeing too many "me-too" startups; and the importance of proving out viable business models.

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