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Deloitte Announces Local Fast 500 Winners

socalTECH

The annual ranking of the fastest growing companies by Deloitte , the 2012 Deloitte Technology Fast 500, was released today, showing a healthy list of Southern California companies in growth mode. Next was San Diego's Neurocrine Biosciences , with 6225% growth rate at number 30; then ServiceNow , also in San Diego, with 4873% growth.

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Southern California Companies Raise $2.49 Billion In VC In Q2

socalTECH

Southern California companies raised $2.49 Other big fundings contributing to the total included a $220M funding round for San Diego biotech firm Human Longevity Inc. , $111M raised by Marina Del Rey-based Thrive Market , and $100M raised by Irvine cybersecurity sofwtare developer Cylance.

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TextPlus Competitor Lands $280M From Alibaba

socalTECH

A direct competitor to Marina Del Rey-based free texting and phone service provider TextPlus said today that it has raised a huge, $280M funding round for its services. Silicon Valley-based Tango raised the giant funding round from Chinese company Alibaba, which reportedly valued Tango at around $1 billion.

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Fuhu Tops Deloitte Fast 500 List

socalTECH

El Segundo-based Fuhu , the manufacturer of the popular children''s Nabi tablet PC, ranked number 2 nationally in the annual Deloitte Fast 500 list, one of fifty four companies--or over 10 percent--from Southern California. The list ranks companies by five year revenue growth.

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Sixty-four Southern California Firms On Technology Fast 500

socalTECH

Earlier this week, Deloitte released its latest list of the top 500 growing technology companies, in its 2012 Technology Fast 500. A very healthy list of Southern California companies made the list, with a total of 64 companies in the region ranked in the list. 6225% San Diego Kevin C. 6225% San Diego Kevin C.

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Local Firms Rank In Deloitte Fast 500

socalTECH

San Diego's Halozyme Therapeutics was number 13 at 10657% growth; Irvine-based Spectrum Pharmaceuticals ranked 23, with 6490% growth; and Woodland Hills-based ReachLocal , was ranked #34, with 4,489% revenue growth over the past five year.

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‘Megadeals’ Dominate Q2 as VCs Invest $15.3B, and Top 10 Deals

Xconomy

It was the 10 th consecutive quarter that venture firms put at least $10 billion into startups and other high-tech companies, including a $3.5 There were 11 “megadeals” during the quarter, in which companies raised at least $100 million from investors, including four late-stage “expansion” deals. based companies raised almost $15.8