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Interview with Fouad ElNaggar, Redpoint Ventures

socalTECH

Redpoint Ventures is one of the venture capital firms which has straddled both Northern California and Southern California, with offices in both locations. It would be interesting to hear about where your interests are nowdays, there was a rumor Redpoint had backed off activity here lately. We really believe in the market.

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Report: Southern California Venture Capital Totals $464M In Q3

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Venture capital investments in Southern California in Q3 totaled to $464.18M, according to the latest numbers released by the PricewaterhouseCoopers/NVCA Money Tree Report this evening, based on data from Thomson Reuters. billion invested in 780 venture capital deals for Q3. in funding. in funding. in investments.

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Southern California Startups Raise $761.12M in Q2 2014

socalTECH

The latest venture capital totals from the PricewaterhouseCoopers/National Venture Capital Association''s MoneyTree Report was released this evening, tallying up $761.12M in investments in Q2 of 2014 in Southern California, up from Q2 of 2013, when $616.83M was invested in the region. Nationally, there was $13.0 READ MORE>>.

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Qualcomm Backs MapR's Hadoop Technology

socalTECH

San Diego-based Qualcomm Ventures , the venture capital arm of Qualcomm, has put its funding behind MapR , the company behind the big data software framework called Hadoop. MapR said today that it has raised $110M in a giant funding round, which was led by Google Capital, and also included Qualcomm Ventures.

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ServiceNow's Slootman Aligns With Pre-IPO Flash Storage Firm

socalTECH

Frank Slootman , the CEO of San Diego-based ServiceNow , headed up the software developer''s very successful IPO last year. Pure Storage, which is based in Silicon Valley, announced the addition of Slootman to its board today, along with a huge, $150M funding. That funding came from T. READ MORE>>.

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Qualcomm Backs Cyanogen In $80M Round

socalTECH

San Diego-based Qualcomm is one of the investors in mobile operating system developer Cyanogen , as part of that company''s new, $80M Series C funding. cyanogen cyanogenmod venture capital android operating system alternative qualcomm mobile smartphone' READ MORE>>.

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Q1 Southern California Venture Deals Rise To Around $1.4B

socalTECH

A quick analysis of venture capital deals in Q1, tracked by socalTECH, finds that there was around $1.4 The information--gleaned from funding announcements, regulatory filings, and other sources--are also up significantly from Q1 of last year, when only $729.89M was invested in the region. Other big funding deals included a big, $115.3M