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Mission Ventures Backs Ex-Greenplum Execs

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San Diego-based venture capital firm Mission Ventures has backed a team from former portfolio firm Greenplum , in a new venture round. in a Series A funding from Sierra Ventures, Mission Ventures, and Sumitomo Corporate Equity Asia. Mission's investment in Alpine Data was led by Leo Spiegel. mission ventures greenplum venture capital alpine data labs analytics insight mining

Mission Ventures' Lee Departs For Stealth Startup

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Jeff Lee , a senior associate at San Diego- and Los Angeles-based Mission Ventures , has quietly left the firm to head up a newly founded, stealth startup, according to Lee's LinkedIn profiles and bounced emails to his Mission Ventures address. Lee was helping to provide Mission Ventures with coverage of the Los Angeles area. Lee was involved in Mission's investments in SodaHead, Access 360 Media, and Active Storage, among other companies.

Dave Ryan of Mission Ventures On Exits

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Last month, San Diego-based venture capital firm Mission Ventures (www.missionventures.com) sold its portfolio firm, Carlsbad-based 3E , just the latest in a string of exits for the firm, which also included an IPO in Maxlinear earlier in the year.

Mission Ventures Re-Ups On Alpine Data

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San Diego-based venture capital investor Mission Ventures has re-upped its investment in San Francisco-based Alpine Data Labs , a developer of Hadoop software for the big data market. Alpine Data Labs said Friday that it has raised $16M in a Series B funding, which came from Sierra Ventures, Mission Ventures, UMC Capital, and Robert Bosch Venture Capital GmbH. mission ventures alpine data hadoop bigdata venture capital metapa greenplum

Swagbucks Buys Sodahead

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Prodege is venture backed by Technology Crossover Ventures. Sodahead was venture backed by Mission Ventures, Mohr Davidow Ventures, and the Tech Coast Angels. Los Angeles-based prodege , the parent company of Swagbucks , said this morning that it has acquired Sodahead , the online polling and discussion platform founded by Jason Feffer. Financial terms of the buy were not disclosed.

Active Storage Names Engineering VP

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Active Storage is backed by Intel Capital, Mission Ventures, and Valhalla Partners. Torrance-based Active Storage , the developer of RAID storage systems aimed at the Apple and creative industry, said this morning that it has named Venkat Ramakrishnan as its new Vice President of Engineering. Ramakrishnan was most recently at Promise Technology, and also has served at Cisco and IBM.

Zui.com Launches New Social Networking Features

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Zui is backed by Emergence Capital, Mission Ventures, Maveron and the Scholastic Corporation.

Enevate Expands Battery Efforts In Irvine

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The venture backed firm, which has investments from Mission Ventures and Draper Fisher Jurvetson, is tripling its office space to 22,000 square feet, according to the Orange County Register. Irvine-based Enevate , a developer of rechargeable battery technology, is expanding in Irvine, according to reports today.

KidZui Catches $2M, Launches New Service

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The firm said the funding included Mission Ventures, Maveron, and Emergence Capital. kidzui internet search children friendly safety parents venture capitalSan Diego-based KidZui , the developer of a kid-friendly Internet browser, said this week that it has raised another $2M in funding, and launched a new effort called ZUI.com. Zui.com is a new, search engine focused on kids aged 3 to 12 years old. READ MORE>>.

SodaHead Signs Slurpee

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SodaHead is venture backed by Mission Ventures and Mohr Davidow Ventures, and was founded by former MySpace exec Jason Feffer and friend Michael Glazer. Sherman Oaks-based SodaHead , the online polling and questions and answer site, said today that it has launched an integrated campaign with the Slurpee brand. SodaHead did not disclose details of the win, but said the campaign includes a poll question, skinned homepage, email newsletter and banner ads.

MaxLinear Cashes Out Venture Capital Investors

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In an unusual move, Carlsbad-based MaxLinear said today that it has reached a private deal to repurchase a significant number of its shares from its venture capital investors. The publicly held firm said it will repurchase 1.65M shares of its own stock, including 1,152,338 shares of its Class C common stock from Mission Ventures, and 500,000 shares of Class B common stock from US Venture Partners. maxlinear venture capital mission ventures usvp cashout semiconductor

Los Angeles Startup Community

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Venture Capital As long as I'm pulling this together, here are some venture capital firms in Los Angeles that can help get you wired in. I was just talking with someone who's new to Los Angeles and wanting to connect into the Los Angeles Startup Community. I told them that I had recently seen several posts/articles talking about how vibrant the community has become. As is usual, I couldn't remember where I had seen those posts.

Ortiva Wireless Adds $2.0M

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The firm--which is backed by Artiman Ventures, Mission Ventures, and Comcast Interactive Capital, among others--indicated it had raised $2.0M ortiva wireless venture capital debt fundingLa Jolla-based Ortiva Wireless has added another $2.0M in what looks like an inside, convertible debt round, according to a regulatory filing by the firm this week.

FastPoint Games Shuts Down

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Fastpoint had been venture backed by Mission Ventures and DFJ Dragon Fund, Allen & Co. Los Angeles-bsaed Fastpoint Games , the online fantasy game development shop headed by Kelly Perdew, has shut down, according to a notice on the firm's site. According to the site, the firm is "winding down" all of its Fastpoint Games branded fantasy sports games over the next 45 days. and SCP Worldwide, and last raised funding in 2009, raising a total of $10M in funding.

Image Metrics Buys Big Stage

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Big Stage, which was once known as Clone, was venture backed by Mission Ventures, Selby Ventures and the Tech Coast Angels. Santa Monica-based Image Metrics , a developer of facial animation technology, announced Thursday morning that it has acquired Big Stage , the developer of avatar creation software. Financial terms of the deal were not disclosed.

Fastpoint Games Acquired By Weplay

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Fastpoint Games was venture backed by Allen & Co., Mission Ventures, DFJ Dragon and Sports Capital Partners Worldwide, but had begun shopping around its assets in October. Santa Monica-based Fastpoint Games , the developer of virtual fantasy sports games which was headed by Kelly Perdew, has been sold to Los Angeles-based WePlay , Weplay announced Monday. Financial terms of the buy were not disclosed.

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SodaHead Upgrades Polling Software For WordPress

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The company is backed by Mohr Davidow, Mission Ventures, The Tech Coast Angels, Ron Conway, and others. Los Angeles-based SodaHead , the developer of online polling services and software, has just launched a major upgrade to the company''s polling software for WordPress.

Enevate Finds $30M For Battery Technology

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The funding came from Infinite Potential Technologies, Tsing Capital and Mission Ventures along with Presidio Ventures. enevate battery technology energy lithium liion venture capital materials chemistryIrvine-based Enevate , which is developing Lithium-ion (Li-ion) battery technology, said this morning that it has raised $30M in a Series B funding.

LeisureLink Makes Trio of Hires

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Pasadena-based LeisureLink , the venture-backed provider of a vacation rental marketing system and operator of online booking travel site ABetterStay.com , has made a trio of new hires this week. LeisureLink is venture backed by Clearstone Venture Partners and Mission Ventures.

Transaction Wireless Acquired By First Data

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San Diego-based Transaction Wireless , the digital gift card startup backed by Mission Ventures and Okapi Ventures, has been acquired by First Data , First Data said this week. Financial terms of the buy were not disclosed. First Data said the buy will help it offer up a fully integrated, comprehensive physical and digital gift card program. One of the company's investors said the acquisition represented a "very nice outcome" for the founders, employees, and investors.

Ortiva Wireless Acquired By Allot Communications

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Ortiva Wireless was venture backed by Artiman Ventures, Mission Ventures, and Comcast Interactive Capital, and others, and had raised somewhere north of $40M for its efforts. La Jolla-based Ortiva Wireless , a developer of wireless video optimization and streaming hardware and software, has been acquired by Allot Communications Ltd. , a provider of products for the fixed and mobile data network market, Allot announced this morning.

Plug and Play San Diego Finds Home in New Downtown Works Space

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To Walt Tendler, a consultant who has worked as the chief financial officer at San Diego-based Avalon Ventures and Mission Ventures, the proliferation of co-working spaces is making downtown San Diego “a really entrepreneur-friendly area.

KidZui Lands $2.4M More, Launches Original Video Efforts

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The new funding comes from existing investors Mission Ventures and Costella Kirsch. kidzui venture capital original video hollywood content kidsSan Diego-based KidZui , the developer of a service which provides kid-safe content via a search engine and browser, announced this morning that it has raised $2.4M in new funding, and will start creating its own, original video content.

Los Angeles Startup Community

SoCal CTO

Venture Capital As long as I'm pulling this together, here are some venture capital firms in Los Angeles that can help get you wired in. I was just talking with someone who's new to Los Angeles and wanting to connect into the Los Angeles Startup Community. I told them that I had recently seen several posts/articles talking about how vibrant the community has become. As is usual, I couldn't remember where I had seen those posts.

Slacker Powers AOL Internet Radio Service

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Slacker is headed by Jim Cady, and is venture backed by such firms as Austin Ventures, Centennial Ventures, Mission Ventures, Rho Ventures, and Sevin Rosen Funds.

myIDkey Now Has Over $360K For Security Device Project

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Risheq was the founder of Celllynx, Thacker was a co-founder at Datallegro; the firm has some notable advisors, including Mission Ventures' Leo Spiegel and Michael Dunn, the former CTO of Hearst, Time Warner, Dell Online. Aliso Viejo-based Arkami, one of the startups in OCTANE's Launchpad Accelerator, has just zoomed past $360,000 in funding commitments on the crowdfunding site Kickstarter, according to the firm's myIDkey project page.

Active Storage Raises $7.0M More

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Source of the new funding was not announced by the company, however, the firm's board continues to include representatives from Mission Ventures and Valhalla Partners. data raid apple capital venture storage activeTorrance-based Active Storage , the developer of RAID storage products for the Apple Macintosh, has raised $7.0M in a new funding round, according to a regulatory filing from the firm Tuesday.

Active Storage Adds Exec

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Active Storage is led by ex-Apple executives, and backed by Intel Capital, Mission Ventures, and Valhalla Partners. Torrance-based Active Storage , which develops data storage products for the Apple and other markets, said Wednesday that it has named Jeff Lowe as Senior Director of Strategic Market Development. Lowe is the former managing director for Media & Broadcast Technology at NASCAR Media Group. Lowe also previously was at Apple for nearly a decade.

Nexiant Plans Major Upgrade

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Nexiant is venture backed by The Argentum Group, InnoCal Venture Capital, Inverness Graham Investments and Mission Ventures. Lake Forest-based Nexiant , the developer of software-as-a-service for materials management (MRO), said this morning that it is planning a major software release.

SoCal Gets $739M In Venture Capital In Q2

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Southern California companies raised $739M in venture capital in Q2 of 2011, according to the latest numbers from PricewaterhouseCoopers and the National Venture Capital Association (NVCA) based on data from Thomson Reuters. Nationally, venture capitalists invested $7.5M The most active investors in Southern California companies were Kleiner Perkins Caufield & Byers and Versant Ventures , with four deals each.

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Slacker Integrates With Bing Bar

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Slacker is venture backed by Austin Ventures, Centennial Ventures, Mission Ventures, Rho Ventures, and Sevin Rosen Funds. San Diego-based streaming radio and music service Slacker has linked its service with MIcrosoft's Bing Bar , the company said Tuesday.

Ortiva Wireless Raises $2.5M

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Representatives from Artiman Ventures, Mission Ventures, and Comcast Interactive Capital continue to have seats on the company's board of directors. ortiva wireless venture capil funding video encoding telecomLa Jolla-based Ortiva Wireless , which develops wireless video optimization and streaming hardware and software for wireless operators, has raised $2.5M in a convertible debt funding round, according to a filing from the firm Friday.

Shark Tank II

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Panel includes Tom Siegel, Shepherd Ventures; Jeff Kearl, Skullcandy; Ted Alexander, Mission Ventures; Paul Stannard, SmartDraw. Thursday, March 3, 2011 -- Shark Tank II. SDSIC Entrepreneur's Forum. Following on the popularity of last year's sold-out event, The Entrepreneur's Forum will be hosting the second annual Shark Tank event. You'll see four real companies pitch their firms to our esteemed panel of entrepreneurs and investors in a fast-paced, structured format.

LeisureLink Targets Caribbean Resorts

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Clearstone Venture Partners, Mission Ventures, and Wyndham Exchange & Rentals, said today that it is targeting Caribbean resorts. Pasadena-based LeisureLink , the travel distribution firm focused on specialty lodging suppliers backed by.

Nirvanix Gets $25M In Series C

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The round was led by Khosla Ventures , and also included Valhalla Partners , Intel Capital , Mission Ventures and Windward Ventures, all existing investors in the company. khosla saas storage cloud capital venture nirvanixSan Diego-based cloud storage provider Nirvanix announced this morning that it has raised over $25M in a Series C funding round, which it says will go to "significantly expand" its engineering organization.

SoCal Venture Capital Investments Total $497.8M In Q4

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Southern California venture capital investments total $497.8M, according to the latest numbers from the MoneyTree Report by PricewaterhouseCoopers LLP and the National Venture Capital Association, which were released this evening, based on data from Thomson Reuters. Nationally, venture capital investors invested $21.8 national nvca pricewaterhousecoopers moneytree quarterly capital venture

LAVA hosts PwC's Shaking the MoneyTree

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Please join LAVA, PwC and a distinguished panel of industry experts and local VCs for their insights on the results of the Q4 2010 PwC/National Venture Capital Association MoneyTree Report based on data from Thomson Reuters. The MoneyTree Report is a quarterly study of venture capital investment activity in the United States. Tuesday, March 8, 2011 -- LAVA hosts PwC's Shaking the MoneyTree.

Enevate Names CFO

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Enevate is venture backed by Mission Ventures, Draper Fisher Jurvetson, Tsing Capital, Infinite Potential Technologies, Presidio Ventures/Sumitomo, and CEC Capital. Irvine-based Enevate , which is developing advanced Lithium-ion batteries, said this morning that it has named Sameer V. Rao as its new Chief Financial Officer. Rao was previously at MaxLinear, serving as an executive in the finance area, and also has served at Broadcom and PRTM.

Enevate Names CFO

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Enevate is venture backed by Mission Ventures, Draper Fisher Jurvetson, Tsing Capital, Infinite Potential Technologies, Presidio Ventures, and CEC Capital, and is targeting its Lithium ion battery technology at the smartphone and mobile device market. Irvine-based battery technology developer Enevate announced this morning that it has appointed John B. Kennedy as its new Chief Financial Officer.

Enevate Names Qualcomm Vet Altman To Advisory Board

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Enevate is venture backed by Infinite Potential Technologies, Tsing Capital and Mission Ventures. Irvine-based Lithium-ion battery developer Enevate announced this morning that it has named Steve Altman, former Qualcomm President and Vice Chairman, to its advisory board. Enevate said that Altman had been at Qualcomm since 1989, and served as General Counsel, President of Qualcomm Technology Licensing (QTL), President of Qualcomm and Vice Chairman.

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