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What You Missed On Your Holiday Vacation, SoCal Technology Edition

socalTECH

In the latest roundup of fundings (big few weeks for San Diego, apparently): PatientSafe Solutions ($20M, San Diego, mobile health). Solarflare ($22M, San Diego, high speed networking). Ignyta ($6M, San Diego, personalized medicine). Independa ($5M, San Diego, software for senior independence).

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Kyriba Raises $10.6M

socalTECH

San Diego-based Kyriba , a provider of software-as-a-service used for cash management by companies, said today that it has raised $10.6M The funding came from Iris Capital, along with prior investor BRED Banque Populaire. Kyriba has also previously raised funding from GRP Partners, Coface, and others.

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Southern California Investments On Uptick, Totals $686.5M For Q1

socalTECH

Southern California venture capital investments totaled $686.5M San Diego was not far behind, with $222.4M in 29 venture capital deals for Q1. in investments, IT services--which includes many online advertising firms--was at $35.15M in investments. received in the region in Q1 of 2009. across 31 days.

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EMN8 Shifts Manufacturing To IBM

socalTECH

San Diego-based EMN8 , a developer of self-service, restaurant kiosks, said Monday that the firm is in a agreement with IBM, where the two will jointly manufacture, market, and support its products. EMN8 is backed by GRP Partners, Sid R. EMN8 is backed by GRP Partners, Sid R.

IBM 124
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SoCal Venture Deals Up In Q2

socalTECH

Investments by venture capitalists in Southern California were up, both in terms of deals and dollars in Q2, according to the latest numbers from PricewaterhouseCoopers and the National Venture Capital Association (NVCA). in 21 deals, and San Diego saw $170.6M in 91 investments, up significantly from the $451.8M totaled $6.5

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Kyriba Enhances Cash Management Software

socalTECH

San Diego-based Kyriba Corporation, a venture-backed provider of software-as-a-service used for treasury cash management, said this morning that the firm has rolled out an enhancement to its offerings. The firm is venture backed by American Express, BIH, BRED Banque Populaire, Coface, GRP Partners, and Mangrove Capital Partners.

Software 100
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Can You Really Build a Great Tech Firm Outside Silicon Valley?

Both Sides of the Table

Last year I was on Sand Hill Road in Silicon Valley meeting with one of the most prominent venture capital firms in the country. If you are talented, of course, you can get funded in any region with enough venture capital and obviously in markets outside of the Valley it is easier to get noticed and get access.