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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

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.

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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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How Frost Venture Partners Is Incubating The Big Data Future

socalTECH

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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Crowdfunder Hosts 1st Crowdsourced Startup Contest | Crowdstart LA

Tech Zulu Event

On Tuesday, July 10, Crowdfunder hosted Crowdstart LA, the first crowdsourced startup contest at the Fairmont Miramar Hotel in Santa Monica. The event was sold out, attracting founders, angels, VC’s and future entrepreneurs in the LA Startup Community. This will most likely take event in January 2013.

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