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Southern California Investments On Uptick, Totals $686.5M For Q1

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Southern California venture capital investments totaled $686.5M in 29 venture capital deals for Q1. Media and Entertainment was at $55.5M for the quarter, up from both Q4 of last year as well as the comparable Q1 quarter in 2009, according to the latest numbers from PricewaterhouseCoopers and the NVCA.

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Quartics Raises $13.3M

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Irvine-based Quartics , the digital media processing chip firm headed by former AST founder Safi Qureshey, has raised $13.3M Quartics has previously raised capital from Enterprise Partners, Focus Ventures, Foundation Capital, Globespan Capital Partners, and Integral Capital Partners.