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Announcing The Socaltech 50: Southern California's Up-and-Comers

socalTECH

So, without further ado, here''s the list of this year''s 2013 Socaltech 50 : Basil Abifaker , Transaction Wireless (San Diego, digital gift cards). Daryl Bernstein , RightSignature (Santa Barbara, software). Dev Bhatia , SRCH2 (Irvine, search engine software). Sean Callahan , SlimSurveys (San Diego, mobile apps).

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Amazon Expands Tech Hub In San Diego

socalTECH

Online e-commerce giant Amazon announced this morning that it is expanding at its "tech hub" in San Diego, and plans to create 300 new high tech jobs at the location. The new San Diego office is led by General Manager Nate Wiger. Amazon said the new office will allow it to more than double its tech workforce in the area.

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Solekai Systems Merges With Fairway Technologies

socalTECH

Two, San Diego-based software development and integration companies-- Solekai Systems and Fairway Technologies --said this morning that they have merged into a new company. Financial details of the merger were not announced. According to both companies, they will continue to operate under their respective names. READ MORE>>.

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Report: Southern California Venture Capital Totals $464M In Q3

socalTECH

For the quarter, San Diego County garnered the most venture capital, with $231.3M The biggest investments in Southern California for the quarter were for San Diego's SkinIt , a maker of customized "skins" for electronic devices, with $60.0M funding, fellow San Diego cloud computing firm RightScale , with $25.0M

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Avalon Leads Investment In Standing Cloud

socalTECH

San Diego-based venture capital firm Avalon Ventures has led an investment in a cloud computing company, Standing Cloud , based in Boulder, Colorado. According to Standing Cloud, it received a $3M, Series B financing from Avalon, which also included the firm's prior investor, The Foundry Group.

Avalon 154
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Kazuhm Gets Funding For Distributed Computing Software

socalTECH

San Diego-based Kazuhm , a startup developing a distributed computing workload platform, has received a funding round from Analytics Ventures, Analytics said this week. Size of the investment was not announced. Tim O'Neal, a former executive at Intuit, is CEO of Kazuhm. READ MORE>>.

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Amazon, Walmart Planning to Add Hundreds of Tech Jobs in San Diego

Xconomy

San Diego has found itself to be the latest front in the ongoing Amazon-Walmart battle. Walmart made its name with brick-and-mortar stores, but the company has been vocal in recent months about its intent to fight for dominance in the digital landscape, an arena in which Amazon is a native.