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Interview with Fouad ElNaggar, Redpoint Ventures

socalTECH

Redpoint Ventures is one of the venture capital firms which has straddled both Northern California and Southern California, with offices in both locations. It would be interesting to hear about where your interests are nowdays, there was a rumor Redpoint had backed off activity here lately. People can come in and have a coffee.

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Southern California Startups Raise $761.12M in Q2 2014

socalTECH

invested in San Diego, and $66.53M invested in Orange County during the period. The biggest investments for the quarter were for Culver City-based NantHealth , the digital health venture of billionaire Dr. Patrick Soon-Shiong, which raised $135M in a funding; El Segundo-based Prodege (aka Swagbucks), which raised $60.1M

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Qualcomm Backs MapR's Hadoop Technology

socalTECH

San Diego-based Qualcomm Ventures , the venture capital arm of Qualcomm, has put its funding behind MapR , the company behind the big data software framework called Hadoop. MapR said today that it has raised $110M in a giant funding round, which was led by Google Capital, and also included Qualcomm Ventures. READ MORE>>.

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ServiceNow's Slootman Aligns With Pre-IPO Flash Storage Firm

socalTECH

Frank Slootman , the CEO of San Diego-based ServiceNow , headed up the software developer''s very successful IPO last year. Pure Storage, which is based in Silicon Valley, announced the addition of Slootman to its board today, along with a huge, $150M funding. That funding came from T. READ MORE>>.

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Qualcomm Backs Cyanogen In $80M Round

socalTECH

San Diego-based Qualcomm is one of the investors in mobile operating system developer Cyanogen , as part of that company''s new, $80M Series C funding. Cyanogen is developing an open source alternative distribution to the Android operating system. READ MORE>>.

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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 The biggest investments in Southern California for the quarter were for San Diego's SkinIt , a maker of customized "skins" for electronic devices, with $60.0M

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Q1 Southern California Venture Deals Rise To Around $1.4B

socalTECH

The information--gleaned from funding announcements, regulatory filings, and other sources--are also up significantly from Q1 of last year, when only $729.89M was invested in the region. Other big funding deals included a big, $115.3M A quick analysis of venture capital deals in Q1, tracked by socalTECH, finds that there was around $1.4