Dave Ryan of Mission Ventures On Exits

socalTECH

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.

LeisureLink Ties With Software Firm

socalTECH

Pasadena-based LeisureLink , which develops travel distribution and management software for specialty lodging providers, said Tuesday that it has linked its product with software provider InnQuest Software.

Trending Sources

Active Storage Names Engineering VP

socalTECH

Active Storage, which is currently headed by Steve Rizzone, develops RAID storage devices particularly targeted at the media industry; the firm's products are particularly geared toward the Apple market, where the firm's founders had worked on Apple's various storage products. Active Storage is backed by Intel Capital, Mission Ventures, and Valhalla Partners.

ID Analytics Enhances Products

socalTECH

San Diego-based ID Analytics , a provider of software used for detecting identity fraud and risk, disclosed today that the firm has added a new family of products focused on tapping information not found in typical public records or credit bureaus. According to the firm, its new ID Network Attributes products use information such as names, addresses, dates of birth, reported identity fraud, and other information to detect possible identity theft.

Active Storage Rolls Out 32TB Mac Storage Product

socalTECH

Torrance-based Active Storage , a venture backed developer of storage products for the Apple market, announced a new, 32TB RAID product this morning. According to Active Storage, the new 3U product is specifically targeted at media production and Apple professionals, and includes an iPhone monitoring app and native Mac OS X storage management software. The firm said the new product starts at $19,999.

Active Storage Raises $7.0M More

socalTECH

Torrance-based Active Storage , the developer of RAID storage products for the Apple Macintosh, has raised $7.0M 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 activein a new funding round, according to a regulatory filing from the firm Tuesday.

Active Storage Adds Exec

socalTECH

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. Active Storage is led by ex-Apple executives, and backed by Intel Capital, Mission Ventures, and Valhalla Partners.

The Challenges (& Opportunities) of Starting a Tech Company in LA

Jason Nazar

In the bay area it’s quite common for the entrepreneurs starting a company to be developers or technologists who can build the first versions of their products. He just pounded out design and code for a few weeks and got Plancast up on the web and users adopting his product right away.

How to Not Suck at a Group Presentation

Both Sides of the Table

The bring your product to life. Establish the persona of the person who would be using your products. Tell us what their life is like without your product – how they struggle. Tell us about the breakthrough they’ll have when they’re using your product.

LeisureLink Upgrades Vacation Rental Management Software

socalTECH

LeisureLink , the developer of vacation rental management software which is backed by Clearstone Venture partners, Mission Ventures, and Wyndham Worldwide, said Tuesday afternoon that it has upgraded its MarketSpan Guest Generation product. The product is used by small and independent vacation properties to market their properties online. LeisureLink's products are used to connect independent vacation rental property owners into online booking systems.

Nexiant Names New CEO

socalTECH

Lake Forest-based Nexiant , a provider of products for materials management and supply chain management software and hardware, said this week that it has named Bill Sickler as CEO of the firm. Nexiant is venture backed by InnoCal Venture Capital, Argentum Group, Forrest Binkley & Brown, Inverness Capital Partners, and Mission Ventures, among others.

Active Storage Names CFO

socalTECH

Torrance-based Active Storage , the RAID storage firm founded by ex-Apple executives, and backed by Intel Capital, Mission Ventures, and Valhalla Partners, said Wednesday that it has hired on a CFO. Active Storage develops RAID storage products aimed at the post-production, broadcast, publishing, education and science sectors. The firm's founders were responsible for Apple's XRAID products.

Transaction Wireless Gets $2M More

socalTECH

San Diego-based Transaction Wireless , a developer of mobile gift card and other mobile marketing products, announced this morning that it has raised an additional $2M in funding. The funding came from its existing investors, Mission Ventures and Okapi Ventures. Transaction Wireless develops a stored value, gift card platform which allows users to purchase products using their mobile phones.

Active Storage Gets Funding From Intel, Others

socalTECH

Torrance-based Active Storage a developer of RAID products for Apple computers, has raised a Series A funding round, the firm said Tuesday afternoon. said the funding was led by Intel Capital, and also included Mission Ventures and Valhalla Partners. The firm said its founders were responsible for Apple's Active STorage XRAID products. Tags: macintosh raid apple capital venture data storage active

Active Storage Rolls Upgraded iPhone App

socalTECH

Torrance-based Active Storage , a venture-backed developer of RAID products for Apple computers, said this week that it has released an upgraded iPhone application, which allows its customers to monitor its products directly from their phone.

Ortiva Wireless Adds Mobix

socalTECH

La Jolla-based Ortiva Wireless , a developer of products for managing mobile video streaming, said this morning that it has signed on Mobix Interactive as a customer. Mobix deploys its services on O2, 3, and Vodacom; according to the firms, Mobix will incorporate Ortiva's technology into its products, to improve quality of service of its platform. Ortiva's products adapt video streams depending on wireless reception quality.

Ortiva Wireless Gets Win At Vodafone

socalTECH

La Jolla-based Ortiva Wireless, a provider of products for managing and optimizing mobile video streams, has snagged Vodafone Portugal as a customer, the firm said today. Ortiva said that Vodafone Portugal will deploy its mobile Video Optimization Gateway product. Ortiva's products are used by telecommunications carriers to adapt video content to mobile phone capabilities and connection quality.

Enevate Gets $24M For Battery Technology

socalTECH

The round came from CEC Capital, Tsing Capital, and Presidio Ventures, along with prior investors Mission Ventures and Draper Fisher Jurvetson. The company said the funds will go to bring its first products to market and to accelerate commercialization of its technology. lithium cleantech capital venture battery enervateIrvine-based Enevate , a developer of rechargeable lithium ion batteries, has raised $24M in a Series B funding, the company said this morning.

Nirvanix Ties With CommVault

socalTECH

Nirvanix said CommVault customers can select the firm's Storage Delivery Network (SDN) product via a drop-down selection within the Simpana software. Nirvanix is backed by Intel Capital, Valhalla Partners, Mission Ventures, Windward Ventures, and the European Founders Fund.

Networks In Motion Names VP

socalTECH

NIM said tha Hakam was senior director of product engineering at Kyocera, managing its global software engineering team. Networks in Motion is venture backed by Mission Ventures, Redpoint Ventures, and Sutter Hill Ventures, and provides local search software for such services as AAA Mobile on Sprint, Verizon Wireless and Alltel; Verizon Wireless' VZ Navigator; and YellowPages.com Mobile, among others.

Nirvanix Ties With Ocarina

socalTECH

Nirvanix said that its software has been certified with Ocarina, and that the firms have conducted extensive testing and integration efforts which ties together Ocarina's de-duplication and compression products with the Nirvanix storage service.

Big Stage Targets Content Creators

socalTECH

Los Angeles-based Big Stage Entertainment , which develops avatar creation technology for turning photos into animated, 3-D likenesses, said Wednesday that the firm has launched a new effort targeted training content creators on the firm's products. BigStage said its new online effort--Big Stage Studio--is aimed at production studios, advertising, marketing agencies, and others. Big Stage is venture backed by Mission Ventures, Selby Ventures and the Tech Coast Angels.

Big Stage Partners With A-Team Producer

socalTECH

Cannell Productions, the firm behind "The A-Team" and "The Greatest American Hero." Cannell productions will offer a collection of short clips from classic TV shows on BigStage.com's site. Big Stage is venture backed by Mission Ventures, Selby Ventures, and the Tech Coast Angels; the firm's technology is based on research developed at the University of Southern California and for the CIA.

ID Analytics Hires CIO

socalTECH

According to ID Analytics, Pathman is managing the firm's technical teams that build, maintain, and supports its production, analytics, development, and back office systems. Mission Ventures, and Trinity Ventures READ MORE>>. San Diego-based ID Analytics , a developer of identity and risk management software for the financial and other industries, said Monday that it has hired on Jim Pathman as the firm's new Chief Information Officer.

CIO 2

Networks In Motion Gets Patent

socalTECH

Michael Sheha is the firm's CTO and co-founder; Angie Sheha is SVP of Strategic Planning and co-founder of the firm, and Petilli is currently the firm's EVP Business Development and Product Management. Networks In Motion is venture backed by Mission Ventures, Redpoint Ventures, and Sutter Hill Ventures.

Four of Southern California's Cloud Computing Startups

socalTECH

Here are a number of Southern California startups who are making waves in the cloud computing, as mined from our subscription venture capital database. Funding: Mission Ventures [ Profile ]. Funding: $42.5M, Benchmark Capital, Index Ventures, Tenaya Capital [ Profile ].

Report: Southern California Venture Capital Totals $464M In Q3

socalTECH

Venture capital investments in Southern California in Q3 totaled to $464.18M, according to the latest numbers released by the PricewaterhouseCoopers/NVCA Money Tree Report this evening, based on data from Thomson Reuters. billion invested in 780 venture capital deals for Q3. Silicon Valley had the lion's share of the venture funding dollars in Q3, with $1.75 For the quarter, San Diego County garnered the most venture capital, with $231.3M

Interview with Adam Lieber, Webtide

socalTECH

Adam also had a stint at Mission Ventures, and ran worldwide sales for open source middleware at IBM. We also provide production support, and we're also very proactive in monitoring items that might affect them, supporting the specific versions of software they are running. Our open source powers Hadoop, Jetty powers Google--if you look at our community site, the list of products that use use is exhaustive.

Interview with Eric Hovanec and Steve Reich, LeisureLink

socalTECH

We help them distribute their product, and put it on the shelf, anywhere a customer might buy--whether that's with a tour operator, travel agency, or a travel website. We saw that the company was starting to have some potential to take venture capital, and got a little more involved, recognizing the need to step up management. The board asked me to jump in, and I did, working with Ted Alexander and Jim Armstrong, of Mission Ventures and Clearstone Ventures, respectively.