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Layoffs Hot Keyword for Second Half of January 2009

SoCal CTO

-The Scott Sanfilippo Interview Media Optimization Firms Are Red Hot In Southern California in 2009 Proliferate - Aggregate - Integrate Startups Uncensored #4 - “Finding and Working with Partners” SoCal VC’s absent from Forbes Midas List Top Five Best Uses of an Entrepreneur's Legal Dollars What Data Crunchers Did for Obama An Evaluation of Web Strategy (..)

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Lumexis Lands $15M For In-Flight Entertainment Systems

socalTECH

According to Lumexis, the financing round also included prior investors PAR Capital Management and Zone Ventures, and includes an option for an additional investment of $7.5M. Tags: lumexis aircraft airline entertainment inflight venture capital. The core of the firm's systems is the use of fiber optic cabling.

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Siimpel Snags $813,000

socalTECH

The filing indicates the fundraising includes both equity and debt, and appears to be the first investment in a new venture round. Siimpel is venture backed by such firms as Draper Fisher Jurvetson, DoCoMo Capital, LG Innotek, Zone Ventures, Scale Venture Partners, Qualcomm Ventures, Motorola, Micron, Portage Ventures, and SunAmerica.

Arcadia 145
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Siimpel Acquired By Tessera

socalTECH

The firm was venture backed by Draper Fisher Jurvetson, DoCoMo Capital, LG Innotek, Zone Ventures, Scale Venture Partners, Qualcomm Ventures, Motorola, Micron, Portage Ventures, and SunAmerica; the firm had raised over $65M in funding over its lifetime.

Arcadia 145
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NeuroVigil Finds More Funding

socalTECH

According to the company, the round was led by Howard Morgan, and also included Elon Musk, Tim Draper, and Draper Fisher Jurvetson and Zone Ventures. Size of the funding was not disclosed. NeuroVigil is developing a non-invasive, portable brain scanning device.

Draper 100
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Siimpel Scores Investment From Korean Firm

socalTECH

Siimpel was formerly known as SiWave, and is backed by DOCOMO Capital Inc., Qualcomm, Motorola, Micron Technology, along with investors Draper Fisher Jurvetson, Portage Venture Partners, Zone Ventures, Scales Venture Partners, and SunAmerica. Tags: innotek venture camera capital siimpel mems.

Arcadia 124
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Luxtera Snags $26.75M

socalTECH

No details on the funding have been disclosed, however, the firm has previously raised three rounds of capital from August Capital, ITU Ventures, New Enterprise Associates, Sevin Rosen Funds, and Zone Ventures. Tags: interconnect venture capital luxtera caltech optical semiconductor. READ MORE>>.

CalTech 100