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Favor Plans Expansion Into San Diego, Gets $13M

socalTECH

Favor , a on-demand, mobile delivery app developer, said today that it will be expanding into San Diego in the coming months, thanks to a new, $13M funding round. San Diego will be the company''s first foray into California. Favor was part of the SLO HotHouse incubator/accelerator. READ MORE>>.

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MicroPower Turns To Financing To Spur Demand

socalTECH

San Diego-based wireless video surveillance developer MicroPower Technologies --which was part of the EvoNexus business incubator--said this week that it has started up a financing program, to spur demand for its surveillance systems. The company raised a round of funding last August. READ MORE>>.

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Han Chen, Co-founder and CEO, ZeaKal

socalTECH

San Diego-based ZeaKal (www.zeakal.com) recently announced a $15M, Series C funding round for its efforts to develop plant traits which increase the efficiency of photosynthesis. In a previous life, I was Managing Director of a technology incubation firm called Kapyon Ventures.

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Interview With Paul Myer, Veracity: Why The Industrial Internet Needs Security

socalTECH

However, in the last ten years-- especially with the power grid--regulatory agencies have started to demand that those systems be able to be monitored for compliance. Paul Myer: Veracity was originally part of Frost Data Capital, as part of their incubator. We've now exited the incubator and actually have an office at Microsemi.

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This Week in Venture Capital – Episode 4

Both Sides of the Table

Rustic Canyon is an LA-based, but geography-agnostic VC that is currently investing from a $200 million fund. They were originally founded inside of Times Mirror and had a huge string of major investment success before spinning out as a fully independent fund. Wildfire was one of the darlings of the fbFund incubator program.

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Interview with Matthew Jenusaitis, OCTANe

socalTECH

The demand for our products and services is really high, unemployment is high, the need for new technology is high, as is the need to increase efficiency from businesses. Launchpad is a virtual incubator and accelerator, where we put companies in and give them quantitative and qualitative feedback and mentorship.

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Tech Titans Peter Thiel, Matt Jacobson, Cameron and Tyler Winklevoss, Mich Mathews, Elon Musk Buy Homes in Los Angeles

SoCal Delicious

Venture capitalist and hedge-fund manager Peter Thiel—PayPals co-founder and Facebook s. Entrepreneurs love being around other entrepreneurs, and thats driving demand toward the beach," says Mr. Miller. Talent agencies CAA and WME are incubating start-ups. Downtown San Diego Condos. clients, brokers say.