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Miramar Backs SwiftTest For IT Testing Tools

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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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Jeda Networks Takes On Storage Networks

socalTECH

Newport Beach-based Jeda Networks , a new startup in the storage networking arena, said today that it has unveiled its technology, with the backing of U.S. Venture Partners and Miramar Venture Partners. The new startup is led by Stuart Berman, the former SVP and CTO of Emulex. READ MORE>>.

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Syntiant Finds $35M More For AI Chips

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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.

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SolarFlare Raises $22M More

socalTECH

SolarFlare , the developer of high speed networking devices, has raised a new, big $22.0M funding round, according to a regulatory filing from the firm. funding round, which opened December 21st. No details have been announced by the company yet on the new funding. According to the filing, the firm has raised $22.0M

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RealPractice Gets New Funding, Execs

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Irvine-based RealPractice , a developer of software used by law firms to manage their practices, said today that it has raised a new round of funding and appointed a new executive team. Amount of the funding was not disclosed. New was most recently at Ripple Networks, and also served at Yahoo.

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FastSoft Names New CEO

socalTECH

Pasadena-based FastSoft, which develops network acceleration technology, announced today that it has named J. Snyder has been involved in seed funding and founding such companies as Netboost (acquired by Intel), Jibe Networks, and Proxinet (acquired by Puma Technologies). Edward Synder as the firm's CEO. READ MORE>>.

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How Frost Venture Partners Is Incubating The Big Data Future

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We now have seven companies, and have our own venture fund as well, and we'll be doing four or five for the next few years. We have our own small seed fund, which we trigger to fund that company and hire a team, a CEO and a CTO. On the customer side, we have companies like Samsung, GE, Kaiser Permanente, Accenture.

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