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AutoVitals Gets Private Equity Investment

socalTECH

Goleta-based AutoVitals , which develops software-as-a-service (SaaS) products for the automotive repair and maintenance software business, has raised a round of private equity, the company recently announced, from private equity investor Tritium Partners.

Equity 140
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Burst adds a super high-tech dental floss to its dental care offerings

TechCrunch LA

The Los Angeles-based dental hygiene company, which has raised at least $20 million in financing from the growth capital investment firm Volition Capital, takes a different approach to reaching consumers than competitors like Quip.

High Tech 169
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Patagonia Partners With High Tech Fabric Startup

socalTECH

Ventura-based outdoor apparel company Patagonia has partnered with a startup developing a high performance, synthetic silk fabric, made out of natural proteins. The investment round came from Nan Fung, Innovation Endeavors, Alafi Capital, East West Capital, Foundation Capital and Founders Fund. READ MORE>>.

High Tech 100
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How Phyn Is Bringing The World Of High Tech To Water Conservation, With Ryan Kim

socalTECH

The world of plumbing is not known for its high tech products. WeMo is a consumer friendly, connected home, Internet-of-Things solution and platform that we developed, to control light switches, connected outlets, plugs where you can monitor your energy, and schedule. Tell us the story on how Phyn spun out of Belkin?

High Tech 176
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Mindspeed Seeks Buyer, Hires Investment Banker

socalTECH

Another day, another Southern California high tech company on the block: Newport Beach-based semiconductor developer Mindspeed said late Tuesday afternoon that it has retained Morgan Stanley & Co., the investment bank, to help the firm with "strategic alternatives". READ MORE>>.

Invest 138
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Boosting the US Economy | Invest in Research & Development for Tax Credit

Tech Zulu Event

Drawing from the UK Seed Enterprise Investment Scheme (SEIS) experience, US Senator Chris Coons will talk about the version of the Research & Development tax credit bill he sponsored on August 8 in New York City. All engaged parties indulge in progressive research and development, which is the pillar of economic prosperity.

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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.