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New Incubator/Coworking Space Emerges In Glendale

socalTECH

Voivoda Labs--headed by Val Babajov, the former CEO of WebMessenger--said it is looking to vet around 15 startups via a pitch event later this month, to help secure investment for the winner. Voivoda says that Babajov has ties to the Band of Angels, Tech Coast Angels, Pasadena Angels, Keiretsu Forum Angel networks.

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How GridTest Is Helping To Build The Next Electric Car, With Neal Roche

socalTECH

The clean technology sector is infamous for taking a big toll on startups--requiring large investments, risky technology propositions, steep international competition, and fickle government policies. Neal Roche: I spent twenty years in the Internet networking business, working on internal hardware for test and measurement.

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Interview with Cliff Rees, XCast Labs

socalTECH

Los Angeles-based XCast Labs (www.xcastlabs.com) announced earlier this month that it has raised a $2.7M round of funding from the Pasadena Angels and Frontera Capital for a voice-over-IP service, and we thought we'd talk with Cliff Rees, the firm's CEO, to understand how the firm is different from those many providers.

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Venture Totals Drop In Southern California For Quarter

socalTECH

invested in Q3 of 2007, and down slightly from venture numbers in Q2, when there was approximately $966M in venture deals. The numbers, which were drawn from venture deals tracked and reported in socalTECH's proprietary venture capital database, found that there was $719.7M

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Decoding Signal From Noise For Wall Street, With Bitvore

socalTECH

One of the folks was the CTO of an investment bank in New York, who immediately saw what we did, and said he had a problem he wanted us to approach. I got involved with talking to CTOs at large, Fortune 500 companies, introducing them to what this system could provide, and figuring out if they have this capability.

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Interview with Matthew Graczyk, Zubican

socalTECH

It's a full-blown, B2B social network. I went into my network--and I have pretty extensive experience in the internet space, with Digital Evolution and with U.S. When we thought we had the right mix, we went to look for angel capital, and raised $1.3M He's now at Gogii, which has received investment from Kleiner.

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