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That was primarily driven by the economy; when the economy is down, investments are down, and it is increasingly difficult to d a startup. At the same time, the need for the products and services that OCTANe provides are greater in a recessionary economy than in when the economy is booming. Thanks for the time this morning.
OCTANe , the Orange County-based organization helping to bolster the hightech industry and entrepreneurs, reported this morning that in the first half of 2012, companies participating in its startup accelerator have raised a total of $26.8M in funding.
Orange County's effort to boost startup and hightech companies, OCTANe, is losing its President and CEO, Gary Augusta, and has retained an executive search firm to find a replacement, the group said Thursday. Tags: augusta octane orange nonprofit gary county executive.
Aliso Viejo-based Arkami, one of the startups in OCTANE's Launchpad Accelerator, has just zoomed past $360,000 in funding commitments on the crowdfunding site Kickstarter, according to the firm's myIDkey project page.
Technology veterans Tareq Risheq and Mark Thacker are no strangers to the world of hightechstartups and angel and venture capital--Risheq was formerly CEO of Celllynx, Thacker was co-founder at Datallegro--but the way they're funding their newest startup is unusual, and a testament to the growing popularity of crowdfunding.
Every year, we feature the year end reflections of founders, CEOs, investors, sposors, and others in Southern California's hightech community. What are you most looking forward to in the technology/startup world in 2021? We've been posting these throughout the next two weeks.
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