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Four Firms Hoping To Tap Into Facebook's 500M Users

socalTECH

On the heels of the announcement this morning by Facebook that it has officially hit 500 million users, socalTECH has mined its database of high tech companies , and identified a few of the firms here in Southern California hoping to ride Facebook's coat-tails to success and fortune. Backed by Facebook's fbFund. Headed by Ian Swanson.

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Q3 Venture Investments For SoCal Total Around $1.0 Billion

socalTECH

Q3 has traditionally been a slower, venture funding quarter in Southern California, due to summer vacations and a slower work schedule for both high tech companies and venture firms during the summer months. for Row 44 , the Westlake Village-based developer of wireless equipment for commercial airlines.

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Interview with Alex Schneider, Ventura Ventures Technology Center

socalTECH

On Thursday, the City of Ventura is formally launching a new incubator, the Ventura Ventures Technology Center (www.v2tc.com), targeted at high tech businesses. Alex Schneider: It all started in 2003, when the city created an economic development fund worth $5M. The purpose was to deliver high value jobs.

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