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RLH Equity Sells Bluewolf Group To IBM

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Los Angeles-based private equity investor Riordan, Lewis & Haden Equity Partners (RLH Equity), has sold one of its portfolio companies, BlueWolf Group , to IBM. RLH Equity is the private equity investment company founded by former Los Angeles Mayor Richard Riordan, outgoing USC Athletic Director Pat Haden, and Chris Lewis.

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Pathway Genomics Lands Investment From Google

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San Diego-based Pathway Genomics has scored an investment from Google , the two said Wednesday, as part of an investment out of IBM''s Watson Group. Financial terms of the investment were not disclosed. IBM said the investment comes out of its $100 million fund for Watson-related startups. READ MORE>>.

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Mojix In Japanese Distribution Deal With IBM Japan

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Los Angeles-based Mojix , a developer of RFID readers, reported earlier this week that it has inked a distribution agreement with IBM in Japan. The firm is backed by Oak Investment Partners, Red Rock Ventures and InnoCal Venture Capital. The firms' technology allows for much larger range on reading passive RFID tags. READ MORE>>.

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Bitvore Brings Latest Funding Round To $14.2M

socalTECH

Bitvore has created an intelligence gathering and analysis system--originally developed for secretive intelligence agencies--but is now being used by finance and Wall Street customers to mine data for tracking investments. The company's President, Jeff Curie, was also an executive at Access360, IBM, and SupplyFrame.

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Montgomery Summit Announces Virtual Lineup

socalTECH

The Montgomery Summit, the investment, business, and technology conference run by Jamie Montgomery, and being run now by March Capital, announced its keynote speakers and presenting companies on Friday, saying it will be running virtually this year--and, for the first time, will be free.

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5 Steps To Locking In The Right New Venture Partner

Startup Professionals Musings

Another partnering model example is the IBM Watson Group $1 billion investment to share cloud-based development and super-computing tools. This facilitates technology growth and innovation for startups in Silicon Alley, as well as positioning IBM for future growth. Find partners who can do what you cannot do alone.

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KPCB has already blown through much of the $600 million it raised last year

TechCrunch LA

Kleiner Perkins , one of the most storied franchises in venture capital, has already invested much of the $600 million it raised last year and is now going back out to the market to raise its 19th fund, according to multiple sources. Speaking onstage at the Upfront Summit, an event at the Rose Bowl in Pasadena, Calif.

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