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Southern California Firms Get $587.0M In Venture Capital In Q2

socalTECH

invested across 17 deals; San Diego was third, with $147.75M in 18 deals. The biggest deal for the quarter was for Venice-based photo messaging app developer Snapchat , which raised a huge, $60M funding round in the quarter. Orange County was second, with $161.9M Nationally, the MoneyTree survey found that there was $6.7

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‘Megadeals’ Dominate Q2 as VCs Invest $15.3B, and Top 10 Deals

Xconomy

It was the 10 th consecutive quarter that venture firms put at least $10 billion into startups and other high-tech companies, including a $3.5 billion that a non-traditional investor (the Saudi Arabia Public Investment Fund) invested in San Francisco-based Uber, and the nearly $1.3 billion invested in Venice, CA-based Snapchat.