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Layoffs Hot Keyword for Second Half of January 2009

SoCal CTO

When I drill down on that term, you can see why with posts like: Hollis-Eden Pharmaceuticals Lops A Third Of Company THQ Lays Off 100 Employees, Closes San Diego Office Citrix Cuts 10 Percent; Santa Barbara Hit And it's also interesting to see what geographies are being associated with "Layoffs" more often than others: Layoffs Woodland Hills Layoffs (..)

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Truepic Takes $26M For Photo Verification

socalTECH

San Diego-based Truepic, a startup that provides photo verification technology, said today that it has raised $26M in a Series B funding round. The funding was led by M12, and also included Adobe, Sony Innovation Fund by IGV1, Heart Ventures, and individuals from Stone Point Capital.

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Venture Capitalists Invest $475.5M In Southern California In Q3, Says MoneyTree

socalTECH

In the region, San Diego led in Q3 deals, with $236.3M The biggest deals in the quarter came for San Diego's Roka Bioscience , with a $37.2M round; San Diego-based Zogenix with a nearly $36M funding round; and Hawthorne-based Space Exploration Technology (SpaceX) , which raised $30.4M. in 25 deals.

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Interview with Brian Garrett, Crosscut Ventures

socalTECH

Los Angeles-based Crosscut Ventures (www.crosscutventures.com) is one of the newest venture capital funds in the area, and has quietly been working on funding local companies over the last year. Let's start with an overview of the fund. We closed our fund in August of 2008. What do you invest in?