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

socalTECH

The latest numbers from the PricewaterhouseCoopers/National Venture Capital Association MoneyTree report finds that companies here in Southern California raised $695.4M in funding in Q3, up in terms of dollars from Q3 of last year, when $670.9M in investments; with Southern California taking third with it $694.5M

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

socalTECH

The latest numbers from the PricewaterhouseCoopers/National Venture Capital Association MoneyTree report finds that companies here in Southern California raised $695.4M in funding in Q3, up in terms of dollars from Q3 of last year, when $670.9M in investments; with Southern California taking third with it $694.5M

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Clearstone Tops CalPERS IRR List

socalTECH

CalPERS (the California Public Employees' Retirement System), one of the biggest limited partners in venture capital funds, has released its best and worst performing venture capital and private equity funds as of December 31st, showing that two Southern California venture funds were tops in terms of internal rates of return (IRR).

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Q3 Southern California Venture Deals Around $879M

socalTECH

A quick analysis by socalTECH of our tracking of venture capital deals in Southern California finds that there was around $879M in venture funding activity here in Q3. Numbers from those firms will differ--sometimes drastically--due to sources of information, timing of funding events, and classification of data.

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Tech Investor Pierce Makes Offer For Mt. Gox

socalTECH

Brock Pierce , the Southern California technology investor and Bitcoin mogul, is leading a group of investors looking to take over failed Bitcoin exchange Mt. Pierce is a leading investor in Southern California companies, and is one of the many investors here who have recently honed in on the opportunities in Bitcoin.

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Southern California Venture Totals Drop in Q4

socalTECH

Most sectors saw drops in investment during the year, with the exception of few--including a couple of sectors where Southern California has a significant presence, in Clean Technology and Media & Entertainment. In terms of last quarter's activity by industry in Southern California, Industrial/Energy led, with $76.4M

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March Capital Partners Backs Appcito

socalTECH

Santa Monica-based venture capital investor March Capital Partners --the new investment firm led by longtime Southern California venture capital veterans Jim Armstrong, Sumant Mandal, Gregory Milken, and Jamie Montgomery--has made an investment in cloud application infrastructure developer Appcito. READ MORE>>.

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