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MIT Study: Age Of Founders In Fastest Growing New Ventures Is 45

socalTECH

In a study which belies the opt-cited preference for "young" entrepreneurs in the startup and venture capital industry, a new study from the Massachusetts Institute of Technology find that the mean age of the founders of the 1,000 fastest growing new ventures in the U.S. is actually 45.0.

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Study: Clean Technology Investments Up In Q3

socalTECH

clean technology deals were up in Q3 of 2011, according to a new analysis published by Ernst & Young this week. venture capital investment in cleantech companies increased by 73%, to $1.1 The study found that clean technology investments were up compared with an overall venture capital trend of more dollars up, but deals down.

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Led by LA-based March Capital, Astound raises $15.5 million for employee help desk automation services

TechCrunch LA

million from investors led by the Los Angeles investment firm March Capital Partners. Previous investors Vertex Ventures, Pelion Venture Partners, Moment Ventures and the Slack Fund also participated in the funding, which brings Astound’s total capital raised to $27 million.

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Santa Barbara, San Diego Tops On Per-Capita Venture Capital

socalTECH

A new study released earlier this month has ranked the Santa Barbara-Santa Maria-Goleta metropolitan area, as well as the San Diego-Carlsbad-San Marcos metropolitan area among the top ten markets for venture capital activity. venture capital deals per 100,000 people. venture capital deals per 100,000 people. READ MORE>>.

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Memorang Gets $500K For Flash Card Study Tool

socalTECH

Los Angeles-based Memorang , the developer of a flash-card based, study tool to help people study for such things as the MCAT, GRE, NBME, and a host of other tests, has raised $500,000 in a funding round, the company is announcing this morning. Both of the two joined startup accelerator MuckerLab in 2014, where they launched Memorang.

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Sketchy Takes On MCATs In Partner Deal

socalTECH

Los Angeles-based Sketchy, an educational technology company known for creating visual study tools, says it is taking aim at the MCAT (Medical College Admission Test) in a deal with Blueprint, a provider of MCAT prep products. Sketchy is backed by TCG and Reach Capital, who invested $30 million in the company in 2020.

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Reflections on 2018: Jeb Spencer, TVC Capital

socalTECH

During the holiday season, our tradition over the last few years has been to post reflections on the past year and some predictions from Southern California's technology industry. As we close out our contributions for the end of 2018, here's Jeb Spencer of TVC Capital. Things seem to be moving faster in technology than ever before.

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