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Enevate Finds $30M For Battery Technology

socalTECH

Irvine-based Enevate , which is developing Lithium-ion (Li-ion) battery technology, said this morning that it has raised $30M in a Series B funding. The funding came from Infinite Potential Technologies, Tsing Capital and Mission Ventures along with Presidio Ventures. READ MORE>>.

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Enevate Gets $24M For Battery Technology

socalTECH

Irvine-based Enevate , a developer of rechargeable lithium ion batteries, has raised $24M in a Series B funding, the company said this morning. The round came from CEC Capital, Tsing Capital, and Presidio Ventures, along with prior investors Mission Ventures and Draper Fisher Jurvetson. READ MORE>>.

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Transaction Wireless Gets $2M More

socalTECH

San Diego-based Transaction Wireless , a developer of mobile gift card and other mobile marketing products, announced this morning that it has raised an additional $2M in funding. The funding came from its existing investors, Mission Ventures and Okapi Ventures. READ MORE>>.

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Four of Southern California's Cloud Computing Startups

socalTECH

One of the most active areas of interest and growth in the technology industry today is cloud computing--the use of computing resources on the Internet, to accomplish tasks that normally would have taken a server farm or local systems. Funding: $25.5M, from Benchmark Capital, BV Capital, and New Enterprise Associates [ Profile ].

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Report: Southern California Venture Capital Totals $464M In Q3

socalTECH

Silicon Valley had the lion's share of the venture funding dollars in Q3, with $1.75 For the quarter, San Diego County garnered the most venture capital, with $231.3M in funding raised; followed by Otonomy , a San Diego maker of treatments for hearing disorders, which raised $38.5M. in funding. in funding.

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Interview with Adam Lieber, Webtide

socalTECH

Adam also had a stint at Mission Ventures, and ran worldwide sales for open source middleware at IBM. We also provide production support, and we're also very proactive in monitoring items that might affect them, supporting the specific versions of software they are running. Where does Webtide fit into the software world?

IBM 100
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The Challenges (& Opportunities) of Starting a Tech Company in LA

Jason Nazar

In the bay area it’s quite common for the entrepreneurs starting a company to be developers or technologists who can build the first versions of their products. He just pounded out design and code for a few weeks and got Plancast up on the web and users adopting his product right away. Whereas in Silicon Valley, you can have a V.1

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