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MoneyTree Report: Southern California Q3 Venture Totals Drop To $663.27M

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in funding, according to the latest numbers from the PricewaterhouseCoopers MoneyTree report, based on data from Thomson Reuters. According to the report, there were 71 deals worth a total of $663.2M in funding in Q3, down from the much larger, $2.5 billion in funding received in the region in Q2. READ MORE>>.

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Venmo Scammer Makes Off With Thousands Of Dollars In LA Photo Gear

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A scammer in Los Angeles and Ventura County, targeting sellers of photo equipment, has made off with $25,000--and maybe as much as $100,000--by taking advantage of the peer-to-peer payment system Venmo , according to a report this morning. READ MORE>>.

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Patagonia Boosts Solar Efforts With $27M Fund

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Ventura, California-based outdoor clothing company Patagonia is giving a big boost to the solar industry, saying today that it is investing over $13M to help create a new, $27M fund to purchase more than 1,000 rooftop solar power systems in Hawaii. Patagonia said that homeowners in Hawaii currently pay three times the U.S.

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Southern California VC Totals Drop To $810.5M In Q1

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in venture capital in Q1, according to the latest MoneyTree Report by PricewaterhouseCoopers and the National Venture Capital Association, based on data from Thomson Reuters. in funds invested, across 47 deals; Orange County had $158M invested across 15 deals; and San Diego had $253.5M Southern California startups raised $810.5M

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Aquea Scientific Gets $10.95M

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Ventura-based Aquea Scientific, which develops a UVA/UVB sunscreen which can be washed on or applied in the shower, has quietly raised $10.955M in funding. The funding was first disclosed in the PricewaterhouseCOopers/NVCA MoneyTree venture capital report over the weekend.

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Vivometrics Gets $19.9M

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Ventura-based Vivometrics, maker of medical monitoring technology, has raised $19.917M in funding, according to numbers released by this week's PricewaterhouseCoopers/NVCA venture capital report. Details of the funding were not disclosed.

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CoverHound Raises $33.3M

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in a Series C funding. more in a Series C funding, in a funding led by ACE Group, and also including RRE Ventures, Blumberg Capital, Core Innovation Capital, Route 66 Ventures and American Family Ventures. The company now reportedly has a valuation of over $103M. READ MORE>>.