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Enterprise Partners Portfolio Firm Heads Towards IPO

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One of the portfolio firms of San Diego venture capital firm Enterprise Partners is heading towards an IPO, according to a S-1 filing Friday. According to Silicon Valley firm Complete Genomics , a provider of human genome sequencing services, it has filed for an $86.25M IPO on the Nasdaq as GNOM.

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XIFIN Buys PathCentral

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San Diego-based XIFIN , which develops cloud-based financial software for the healthcare industry, has acquired Irvine-based PathCentral , a developer of software for the pathology community, the company announced Thursday afternoon. PathCentral had been venture backed by Arboretum Ventures, Baird Venture Partners, and Okapi Venture Capital.

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VMIX Raises $2.0M More

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San Diego-based VMIX , which provides software-as-a-service for video hosting, has raised $2.0M Details on the funding have not been announced by the company. The funding brings the company's total raised to around $23.50M. in a new funding round, according to a regulatory filing by the firm today. READ MORE>>.

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Southern California Investments On Uptick, Totals $686.5M For Q1

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Averitt explained that a combination of less money in early stage finance; more people starting companies; a good reputation in Southern California; and more mature tech transfer offices and processes within SoCal universities and institutes has helped in the investment uptick. Media and Entertainment was at $55.5M