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Mission Ventures' Lee Departs For Stealth Startup

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Jeff Lee , a senior associate at San Diego- and Los Angeles-based Mission Ventures , has quietly left the firm to head up a newly founded, stealth startup, according to Lee's LinkedIn profiles and bounced emails to his Mission Ventures address. Lee has not yet announced what he his new startup is up to.

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Enevate Finds Funding From South Korea's LG Chem

socalTECH

Size of the investment by LG Chem was not announced. According to Enevate, the new funding will help accelerate the development of its fast charge Li-ion battery technology for the electric vehicle market. According to Enevate, LG Chem participated in its recently anounced funding round. Enevate is led by President and CEO Robert A.

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LeisureLink Signs Wholesale Travel Firm

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LeisureLink said that Tourico Holidays, a global wholesale travel provider has established a partnership with the firm, to help expand the properties it distributes. LeisureLink is venture backed by Clearstone Venture Partners and Mission Ventures, along with strategic investment from Wyndham Worldwide.

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LeisureLink Gets $9M In Series C

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The round came from current investors, including Clearstone Venture Partners, Mission Ventures, and Wyndham Exchange & Rentals. The company said the new funding will go towards investments in its technology platform, and also for its sales efforts.

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This Week in VC: Michael Montgomery (President, Montgomery & Co.)

Both Sides of the Table

If you don’t know Montgomery & Co it is one of the premier technology & media focused investment banks in the country (and as Michael corrected me they also have a strong Healthcare / Med tech practice). Should you use investment banks to raise venture capital? This is often in the 5-7% range.

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Insights and Opinions: Tax Extenders Bill Will Stifle Innovation In the US

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For our Insights and Opinions section today, we have an editorial from Robert Kibble , who is a director of the National Venture Capital Association (NVCA), and Managing Partner at Mission Ventures.

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Interview with Eric Hovanec and Steve Reich, LeisureLink

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We help them distribute their product, and put it on the shelf, anywhere a customer might buy--whether that's with a tour operator, travel agency, or a travel website. We're investing pretty heavily in people and upgrading systems and tools those folks use to do their job. So, we're happy to make those investments in our operations.

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