TextPlus Competitor Lands $280M From Alibaba

socalTECH

A direct competitor to Marina Del Rey-based free texting and phone service provider TextPlus said today that it has raised a huge, $280M funding round for its services. Tango has previously raised funding from San Diego''s Qualcomm Ventures, among a number of other companies.

Southern California Companies Raise $2.49 Billion In VC In Q2

socalTECH

billion in venture capital in Q2 of 2016, according to the latest numbers from the MoneyTree Report from PricewaterhouseCoopers, the National Venture Capital Association, and Thomson Reuters. Other big fundings contributing to the total included a $220M funding round for San Diego biotech firm Human Longevity Inc. , $111M raised by Marina Del Rey-based Thrive Market , and $100M raised by Irvine cybersecurity sofwtare developer Cylance.

‘Megadeals’ Dominate Q2 as VCs Invest $15.3B, and Top 10 Deals

Xconomy

Showing little concern for stock-market volatility or worries over the Brexit, venture capital firms pumped $15.3 billion into 961 deals across the United States during the three months that ended June 30, according to the MoneyTree Report on venture capital activity. billion deal for Uber that represents the biggest venture capital deal of all time. venture capital market leader at PricewaterhouseCoopers. San Francisco. San Diego. San Francisco.