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SmartAction Finds Funding From Staley, TVC Capital

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El Seguno-based SmartAction , which is developing artificial intelligence-driven, call center automation software, said today that it has raised funding in a management recapitalization by private equity investors Staley Capital and TVC Capital. Staley Capital is based in Boston, and TVC Capital is based in San Diego.

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Homebuilder Pre-Wires SoCal Homes for Nissan Electric Cars

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Looking to capitalize on the interest in electric cars in Southern California, a homebuilder building eco-friendly, urban homes in the area said today that it is planning to pre-wire its homes for home-charging equipment for Nissan LEAF electric vehicle chargers.

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Entropic Looks To Raise More Via Stock Offering

socalTECH

The offering is being run by Barclays Capital Inc. Morgan Securities LLC, along with Craig-Hallum Capital Group LLC, Signal Hill Capital Group LLC, Pacific Crest Securities LLC and Merriman Capital, Inc. Based on the firm's closing price Monday, the offering would raise as much as $91M for the company.

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Montgomery & Co. Exits Advisory Business

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the investment banking firm which got its start in Los Angeles focusing on high tech companies--and as a onetime venture capital investor--has exited the investment banking and advisory business, the firm said today. Montgomery & Co. , Montgomery said it has decided to "concentrate on its asset management business."