Trending Sources

Enevate Finds $30M For Battery Technology

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Irvine-based Enevate , which is developing Lithium-ion (Li-ion) battery technology, said this morning that it has raised $30M in a Series B funding. The funding came from Infinite Potential Technologies, Tsing Capital and Mission Ventures along with Presidio Ventures. The company said the funding will go towards further developing its technology and products, and taking those products into high volume, mass production.

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

Xconomy

Downtown Works is a co-working space for technology startups that opened last month in a completely renovated office building at the corner of India and West B streets.

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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Ramakrishnan was most recently at Promise Technology, and also has served at Cisco and IBM. 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.

Enevate Announces Battery Technology

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Irvine-based Enevate , a venture-backed battery technology startup focused on advanced, rechargeable Lithium-ion (Li-ion) batteries, said this morning that it has rolled out some new battery technology. The company says it is aiming its technology for us in smartphones, tablets, ultra-thin/hybrid notebook PCs, and wearable devices.

Los Angeles Startup Community

SoCal CTO

Los Angeles LA Tech 101: The Company We Keep A Few Key People Really Can Make a Huge Difference The Challenges (& Opportunities) of Starting a Tech Company in LA Los Angeles Startup Networking Here are some guides to many of the different networking events around startups, technology, etc.: 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.

Ortiva Wireless Acquired By Allot Communications

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Allot said it will integrate Ortiva's technology into its Allot Service Gateway product. 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. ,

Mobile /Wireless Technologies

SoCal Tech Calendar

Tuesday, September 14, 2010 -- Mobile /Wireless Technologies. The focus of this panel is to explore Ventures in Mobile/Wireless technologies  how a deal is accomplished and how the company is valued, funded, executed, branded, and brings consumers into focus.

Enevate Gets $24M For Battery Technology

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The round came from CEC Capital, Tsing Capital, and Presidio Ventures, along with prior investors Mission Ventures and Draper Fisher Jurvetson. The firm says its technology "dramatically" increase energy density over conventional battery technology. 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 enervate

Active Storage Adds Exec

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Lowe is the former managing director for Media & Broadcast Technology at NASCAR Media Group. 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.

Big Stage Licenses Technology To Virtual World

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Pasadena-based Big Stage Entertainment , which develops 3D, avatar creation technology, has signed on a virtual world as a licensee of its technology. Big Stage said that photo-realistic, 3-D virtual universe Blue Mars 2150 has licensed its 3-D, facial modeling technology. Big Stage is venture backed by Mission Ventures, Selby Ventures, and the Tech Coast Angels.

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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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. The third biggest investment was for San Diego-based Fallbrook Technologies , a maker of transmission systems for the electric vehicle industry, which raised nearly $39.2M

Enevate Names CFO

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Irvine-based battery technology developer Enevate announced this morning that it has appointed John B. Kennedy was previously CFO at Sprocket Media and SolarBridge Technologies, and also has served at Primarion, ValueClick, and other companies. Kennedy as its new Chief Financial Officer.

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 Qualcomm Vet Altman To Advisory Board

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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. 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.

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Local VCs Assess Wall Street, Technology Investment Climate

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How is the instability on Wall Street affecting local venture capitalists? According to some local Southern California venture investors, it absolutely is affecting how they are thinking about the investment environment. Kibble, who was returning from a board meeting of the National Venture Capital Association (NVCA) Friday, said the topic was definitely on the minds of other venture capitalists on the board of the NVCA.

Carbon Micro Battery Becomes Enovate

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Irvine-based Enovate Corporation , which is backed by Mission Ventures and Draper Fisher Jurvetson, said today that it has renamed itself from Carbon Micro Battery. The firm, which is developing rechargeable battery technology aimed at the smartphone market, said the name "better reflects" the firm's growth strategy in the energy storage space. in venture financing from such firms as Mission Ventures and Draper Fisher Jurvetson.

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

Jason Nazar

While we often lack the technology and product depth of our counterparts in the Bay, I would argue that entrepreneurs in LA would thrive if you dropped them into any industry. There simply are NOT enough venture capital firms in the Southern California.

Transaction Wireless Scores $2.25M

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The funding came from Mission Ventures and Okapi Ventures. Transaction Wireless said the funding will go towards sales and marketing expansion, technology development, and customer deployment. Leo Spiegel of Mission Ventures and Marc Averitt of Okapi Ventures have joined the firm's board as part of the funding. San Diego-based Transaction Wireless announced this morning that it has raised $2.25M in a Series A funding.

How to Not Suck at a Group Presentation

Both Sides of the Table

Talk us through how the person using your product is benefiting through your technology. I spotted my fellow VC Leo Spiegel (from Mission Ventures) who had spoken previously to the same group and asked about his experiences. Most people suck at presenting to big groups.

LeisureLink Gets $9M In Series C

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The round came from current investors, including Clearstone Venture Partners, Mission Ventures, and Wyndham Exchange & Rentals. The company said the new funding will go towards investments in its technology platform, and also for its sales efforts.

Big Stage Emerges From Beta

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Pasadena-based Big Stage Entertainment , the venture-backed startup which is developing photo-realistic avatar technology, has exited its beta and officially launched its site. The firm said the official launch will allow users to create what the firm calls an "@actor" -- a 3D avatar which can be inserted into movie and TV clips, music videos, still images, and elsewhere. The firm had launched a beta of its site in August.

Nirvanix Powers Ooyala

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San Diego-based Nirvanix, a provider of storage-as-a-service, said Tuesday that the firm's technology is being used by video delivery firm Ooyala. Nirvanix is backed by European Founders Fund, Intel Capital, Mission Ventures, Valhalla Partners, and Windward Ventures.

Nirvanix Steals Away Zynga CIO

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Debra Chrapaty, who formerly was CIO of Zynga, also served at Cisco as SVP of its Collaboration Software Group, in addition to working at Microsoft and E*TRADE Technologies. Nirvanix is venture backed by Khosla Ventures, Valhalla Partners, Intel Capital, Mission Ventures and Windward Ventures. San Diego-based Nirvanix , the cloud storage service operator, has snagged the current CIO of Zynga as its new CEO, according to the company Monday.

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Transaction Wireless Gets $2M More

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The funding came from its existing investors, Mission Ventures and Okapi Ventures. The company said the new funds will go towards ongoing technology and customer deployment and sales and marketing. Tags: transaction wireless venture capital mobile gift card marketing 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.

Big Stage Hires VP

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Pasadena-based Big Stage Entertainment , which is developing technology for creating 3D avatars, said Tuesday that the firm has hired on Patrick Barry as the firm's Vice President of Content Alliances. Big Stage Entertainment is venture backed by Mission Ventures, Selby Ventures, and the Tech Coast Angels and based on technology spun out of the University of Southern California.

Nirvanix Names New Engineering VP

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Nirvanix described Russell as a longtime technology executive with more than 20 years of hands-on experience. Nirvanix said Russell hails from NextEngine, where he was vice president of technology. Nirvanix is a privately held company backed by more than $23 million in venture funding.

Ortiva Wireless Boosts Sales Efforts With New Hire

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La Jolla-based Ortiva Wireless , which develops technology to stream video to mobile devices, reports today that it has hired on a new, Senior Vice President of Worldwide Sales, James D. Ortiva is backed by Comcast, Artiman Ventures, Mission Ventures, and Avalon Ventures. Edson. According to the firm, Edson will help manage and grow the firm's domestic and international carrier business.

Big Stage Entertainment Raises $2.7M

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According to the company, the funding came from Mission Ventures, Selby Ventures, and the Tech Coast Angels. Big Stage Entertainment develops technology which takes user photos and creates 3-D, facial avatars. Tags: capital venture entertainment stage Los Angeles-based Big Stage Entertainment is announcing this morning that it has raised an additional $2.7M in a Series B funding for the firm.

Ortiva Wireless Adds Mobix

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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 venture backers are Artiman Ventures, Avalon Ventures, Comcast, and Mission Ventures. 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.

Ortiva Wireless Raises $8M

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La Jolla-based Ortiva Wireless , a developer of mobile video optimization technology, confirmed Tuesday afternoon that it has raised $8M in its Series C funding. The round was led by Intel Capital, and also included current investors Comcast Interactive Capital, Artiman Ventures, and Mission Ventures. Ortiva's technology is used to optimize the delivery rate of video to mobile phones, based on network conditions and available bandwidth.

And Then There Were Three: RealD Hits Markets Today

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Still on tap for an IPO are Pasadena-based Green Dot , Pasadena-based Genmark Diagnostics , Westlake Village-based Inphi , San Diego-based Fallbrook Technologies , Los Angeles-based GameFly , San Diego-based Trius Therapeutics , City of Industry-based NewEgg , and Thousand Oaks-based Nexsan. With the IPO of Los Angeles-based RealD , which starts trading this morning on the NYSE as RLD, Southern California now has three successful IPOs on record.

Big Stage Partners With GGL Global Gaming

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Pasadena-based Big Stage Entertainment , which develops 3D avatar technology, said today that it has partnered with video game company GGL Global Gaming, to provide free game content on its web site. Big Stage develops technology which converts digital photos of a person into a 3-D avatar. The firm is venture backed by Mission Ventures, Selby Ventures, and the Tech Coast Angels; the firm's technology is a result of CIA-funded research efforts at USC.

Big Stage Opens API

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Pasadena-based Big Stage Entertainment, which is developing 3D avatar technology, said today that it has opened up its proprietary 3-D facial modeling system to third parties. According to the firm, it will make its technology available via a program called PortableYou, to enable third parties to integrate the technology into video games, virtual worlds, web sites, mobile applications, and more.

Networks In Motion Acquired For $170M

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According to TeleCommunications Systems, a developer of wireless text messaging and E9-1-1 technology, it is in a definitive merger agreement to acquire Networks In Motion in a combinatoin of cash, stock, and promissory notes. Networks In Motion was venture backed by Redpoint Ventures, Mission Ventures, and Sutter Hill Ventures, and last announced a Series C funding of $10M in early 2006.

Big Stage Partners With A-Team Producer

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Pasadena-based Big Stage Entertainment, whcih provides technology to create 3D avatars, said today that it has partnered with Stephen J. BigStage's technology will be used to insert users into video clips and photos. 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.

San Diego ?? The Great, Good, Bad and the Ugly.

SoCal Tech Calendar

James Adams will moderate our distinguished panel of San Diego technology leaders and put them on the spot to label San Diego "great, good, bad, or ugly" on more than 20 factors. Panelists will Include: Ted Alexander, Managing Partner, Mission Ventures; Russ Mann, CEO and Cofounder of Covario; Allen Drennan, Founder, WireRed; and Peter Dresslar, CEO, Torrey Path. Thursday, November 19, 2009 -- San Diego  The Great, Good, Bad and the Ugly. SDSIC Entrepreneur's Forum.

Networks In Motion Gets Patent

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Aliso Viejo-based Networks In Motion , which develops wireless navigation software, announced Tuesday that the firm has scored a new patent on its technology. The firm said the patent covers technology used to keep its online director of businesses and entertainment venues up to date. Networks In Motion is venture backed by Mission Ventures, Redpoint Ventures, and Sutter Hill Ventures.

Layoffs Hot Keyword for Second Half of January 2009

SoCal CTO

Last month we Launched Los Angeles Tech and in the announcement we provide the Hot List for the first half of January 2009. This hot list is based on various social signals of what people are writing about, reading, bookmarking, searching, etc. You can go to the Hot List post to see what was hot then. But, in running it now for the second half of January, the keyword that popped to the top was: Layoffs And this is definitely a sign of the times.