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Southern California Firms Gets $694M In Q3 2012 Venture Funding

socalTECH

in funding in Q3, up in terms of dollars from Q3 of last year, when $670.9M invested in that sector; Industrial/Energy firms, which includes a significant number of clean technology companies, had a total of $137.4M Finally, the third biggest area for funding was Retailing/Distribution, which had a total of $105.7M was raised.

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Southern California Firms Get $694M In Q3 2012 Venture Funding

socalTECH

in funding in Q3, up in terms of dollars from Q3 of last year, when $670.9M invested in that sector; Industrial/Energy firms, which includes a significant number of clean technology companies, had a total of $137.4M Finally, the third biggest area for funding was Retailing/Distribution, which had a total of $105.7M was raised.

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Rubicon Project: LA's Next IPO?

socalTECH

Rubicon Project , the online advertising technology firm headed by serial entrepreneur Frank Addante, looks like it may just be the next Southern California company to file for an IPO, based on a number of executive appointments made Tuesday.

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LeisureLink Gets $9M In Series C

socalTECH

Pasadena-based LeisureLink , a provider of distribution services for specialty lodging and vacation rentals, announced today that it has raised $9M in a Series C funding round. The round came from current investors, including Clearstone Venture Partners, Mission Ventures, and Wyndham Exchange & Rentals. READ MORE>>.

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Interview with Phil Ressler, BigStage Entertainment

socalTECH

Pasadena-based BigStage (www.bigstage.com) is one of those rare companies that has taken technology developed from university research, and is now bringing that technology to the commercial market. We spoke with Phil Ressler--a former venture capitalist from Clearstone Ventures--who is now CEO of BigStage.

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The Challenges (& Opportunities) of Starting a Tech Company in LA

Jason Nazar

While we often lack the technology and product depth of our counterparts in the Bay, I would argue that entrepreneurs in LA would thrive if you dropped them into any industry. There’s Santa Monica, Westside, Hollywood, Downtown LA, the Valley, and Pasadena. It’s a chicken and egg problem.

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