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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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Los Angeles Startup Community

SoCal CTO

I was just talking with someone who's new to Los Angeles and wanting to connect into the Los Angeles Startup Community. So, I promised I would create this post to help point them in the right direction. I will do my best to keep this up to date. As is usual, I couldn't remember where I had seen those posts.

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Los Angeles Startup Community

SoCal CTO

I was just talking with someone who's new to Los Angeles and wanting to connect into the Los Angeles Startup Community. So, I promised I would create this post to help point them in the right direction. I will do my best to keep this up to date. As is usual, I couldn't remember where I had seen those posts.

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Enevate Rolls Out Super Fast Charging Technology For EVs

socalTECH

Irvine-based Enevate , a startup backed by Mission Ventures, Draper Fisher Jurvetson, Tsing Capital, Infinite Potential Technologies, Presidio Ventures, and CEC Capital--says it has rolled out new technology which allows for extremely fast, 5 minute charging of electric vehicles (EVs).

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Transaction Wireless Acquired By First Data

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San Diego-based Transaction Wireless , the digital gift card startup backed by Mission Ventures and Okapi Ventures, has been acquired by First Data , First Data said this week. First Data said the buy will help it offer up a fully integrated, comprehensive physical and digital gift card program.

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ProQuo Shuts Down

socalTECH

La Jolla-based ProQuo , a venture-backed startup helping consumers manage and reduce junk mail, has quietly shut down, according to reports. ProQuo was venture backed by Mission Ventures and Draper Fisher Jurvetson, and had raised around $15M in funding. The shutdown was first noted by Xconomy. READ MORE>>.

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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.