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Miramar Venture Partners Backs eRelevance

socalTECH

Corona del Mar-based Miramar Venture Partners is one of the backers in marketing automation software developer eRelevance , in a $5.1M eRelevance, which is based in Austin, Texas, said the round was led by Rally Ventures and also included Chicago Ventures, Miramar Venture Partners, Martin Investment Holdings and Capital Factory.

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Domain Associates Re-Ups On Miramar Labs

socalTECH

San Diego-based biotech investor Domain Associates has re-upped its investment in medical device manufacturer Miramar Labs. Miramar Labs said Wednesday that it has raised $10M in a Series D funding, from Aisling Capital, Cross Creek Capital, Domain Associates, Morgenthaler Ventures, and RusnanoMedInvest. READ MORE>>.

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Miramar Backs SwiftTest For IT Testing Tools

socalTECH

Corona del Mar-based venture investor Miramar Venture Partners has backed portfolio firm SwiftTest in its Series B funding, according to SwiftTest. It's unclear when Miramar first invested in SwiftTest. READ MORE>>.

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Syntiant Finds $35M More For AI Chips

socalTECH

Irvine-based Syntiant , a developer of processors used for artificial intelligence applications, has raised $35M more in the company's Series C funding round. Syntiant develops low power chips used for neural networking, and edge-based artificial intelligence (AI) applications, including voice recognition. READ MORE>>.

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Cirro Lands Strategic Investment From GE Ventures

socalTECH

Aliso Viejo-based Cirro , a developer of enterprise,d ata integration and analysis software, announced this morning that it has received a strategic investment from GE Ventures. Cirro did not detail the amount of the investment from GE Ventures. Cirro did not detail the amount of the investment from GE Ventures.

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Trio Of SoCal Investors Back Welltok

socalTECH

Three, local venture capital investors -- Miramar Venture Partners , Okapi Venture Capital , and Qualcomm Ventures -- are part of a group investing $22.1M in healthcare software developer Welltok , which announced a big funding round this morning. Miramar and Okapi are in Orange County, and Qualcomm is in San Diego.

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Q3 Venture Investments For SoCal Total Around $1.0 Billion

socalTECH

billion in investments, according to the Q3 analysis of venture capital deals by socalTECH.com. According to an analysis of socalTECH's proprietary database of venture capital deals, venture investors invested slightly more than the $966M in Q3 of 2009, but less than the $1.6 billion invested in Q2.