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Q3 Venture Investments For SoCal Total Around $1.0 Billion

socalTECH

According to an analysis of socalTECH's proprietary database of venture capital deals, venture investors invested slightly more than the $966M in Q3 of 2009, but less than the $1.6 in investments, followed by Retail Products, at $140M, and Software, at $77.8M. Southern California venture totals for Q3 totaled around $1.0

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SteelHouse Hires New CTO, CMO

socalTECH

Los Angeles-based advertising software developer SteelHouse is in major executive expansion mode, saying late Monday that it has named Boris Bronshteyn as its Chief Technology Officer, and David U. Simon as its Chief Marketing Officer. It also has promoted Chris Innes to Chief Operating Officer. Rovion and Yoyodyne. READ MORE>>.

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Teresis Enhances Mac Support

socalTECH

Santa Ana-based Teresis Media Management , a provider of workflow and digital asset management products for the entertainment and broadcast industry, said this morning that it has enhanced support for Mac users. The firm has previously raised angel funding from the Tech Coast and Pasadena Angels.

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Teresis Adds To Board

socalTECH

Santa Ana-based Teresis Media Management revealed Tuesday that the firm has tapped B. Teresis provides workflow and digital asset management software for the entertainment and broadcast industry. Teresis is angel backed by the Tech Coast Angels and Pasadena Angels. READ MORE>>.

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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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How Yapert Puts All Your Interests In One Mobile App, With Phil Kelly

socalTECH

Yapert raised a funding round a few weeks ago from the Tech Coast Angels, Desert Angeles, and Pasadena Angels for its mobile apps, which consolidates news and information about your favorite interests. We caught up with CEO Phil Kelly to better understand what the company is working on. We all have likes and interests.

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Decoding Signal From Noise For Wall Street, With Bitvore

socalTECH

We''re rolling it out to finance and Wall Street, monitoring thousands of sources of continuously changing information, such as news, social media, internal email systems, and analyzing specific, material conditions that our customers are looking for. There''s a fair amount of software and computer science involved in this area.