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Dave Ryan of Mission Ventures On Exits

socalTECH

Last month, San Diego-based venture capital firm Mission Ventures (www.missionventures.com) sold its portfolio firm, Carlsbad-based 3E , just the latest in a string of exits for the firm, which also included an IPO in Maxlinear earlier in the year. Verisk is a compliance and analytics company.

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LeisureLink Gets $9M In Series C

socalTECH

The round came from current investors, including Clearstone Venture Partners, Mission Ventures, and Wyndham Exchange & Rentals. The company said the new funding will go towards investments in its technology platform, and also for its sales efforts.

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Ortiva Wireless Raises $8M

socalTECH

The round was led by Intel Capital, and also included current investors Comcast Interactive Capital, Artiman Ventures, and Mission Ventures. Ortiva said the new funding will go towards expanding sales, marketing, and engineering resources at the company.

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Nirvanix Raises $10M, Names New CEO

socalTECH

The firm said the new round is a Series B, and comes from investors Intel Capital, Mission Ventures, Valhalla Partnes, and Windward Ventures. Genereux was most recently at Nirvanix, where he served as Senior Vice President of Worldwide Sales and Marketing.

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Transaction Wireless Gets $2M More

socalTECH

The funding came from its existing investors, Mission Ventures and Okapi Ventures. The company said the new funds will go towards ongoing technology and customer deployment and sales and marketing.

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Big Stage Entertainment Raises $2.7M

socalTECH

According to the company, the funding came from Mission Ventures, Selby Ventures, and the Tech Coast Angels. The company said the new funding will go to accelerate research and development, along with sales and marketing. in a Series B funding for the firm.

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

Jason Nazar

I recently hosted a panel at the Twiistup Conference about LA tech companies. I have some pretty specific thoughts on the differences between companies in the two cities, as I wrote about in my previous post A Tale of Two Tech Cities. Challenge #1 – Tech Companies are Not Typically Started by Technologists.

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