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CalPERS Sells Palomar Ventures Stake

socalTECH

CalPERS, the California pension fund which is a major limited partner in venture capital funds here, apparently sold its stake in Palomar Ventures III, L.P. CalPERS has been selling funds on the secondary market as it seeks to pare down its holdings. and that Palomar had drawn down $9M in CalPERS capital as of December 31, 2007.

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Predixion Software Snags $20M More For Predictive Analytics

socalTECH

Prior investors DFJ Frontier, EMC, Miramar Venture Partners and Palomar Ventures also participated. Predixion said the funding will go towards accelerating product development, and to scale it sales and marketing. The company has now raised around $33M in funding.

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Predixion Software Gets $6M More

socalTECH

The new, strategic investment came from an un-named investor, and also included prior investors DFJ Frontier, Miramar Venture Partners and Palomar Ventures. Predixion said the funding will go towards further product development, plus serviec, sales and marketing. READ MORE>>.

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Predixion Software Raises $5M

socalTECH

The round was led by DFJ Frontier, and also included Miramar Venture Partners and Palomar Ventures. Predixion said that the new funding will go towards product development, sales and marketing, and to its sales channel and strategic partnership efforts.

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Ace Metrix Gains $6.0M

socalTECH

The round was led by Leapfrog Ventures, and also included prior investors Hummer Winblad Venture Partners and Palomar Ventures. The company said the new funding will go toward sales and marketing of its service. Pete Sinclair of Leapfrog will join the firm's board along with the funding.

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