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Signal Scores $20M For Wholesale Automotive Sales Software

socalTECH

The company said the funding will go towards expanding its dealer network across North America, as well as for its technology platform and data analytics capabilities. Jillings is the former CEO of Telesign, and has a long history in Southern California's technology industry; he previously also was CEO of Vantage Media.

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SoCal Sees Summertime Surge In Exits

socalTECH

In what looks to be an unprecedented surge in high profile, high value exits for high tech companies in Southern California, there have now been six big exits in the region over the last month worth over $100M. billion--include the recent sales of Vizio , Dollar Shave Club , Nervana Systems , TouchCommerce , and Orbitera , and Aurrion.

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Swell Energy’s new deal in New York shows how the company plans to spend the $450 million it’s raising

TechCrunch LA

The New York virtual power plant differs from other initiatives from Swell in that it provides available capacity to specific distribution circuits on the grid to reduce customer demand on circuits during network overload periods, according to a Swell spokesperson.

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AutoVitals Gets Private Equity Investment

socalTECH

Belmonte is a veteran of Southern California's high tech industry, having previously been CEO and COO At Active Network (ACTV). AutoVitals said that Belmonte helped to grow Active Network's revenue to over $400 million and guided the company to its eventual sale for $1 billion.

Equity 140
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Interview with Krisztina Holly, Good Growth Capital

socalTECH

Earlier this week, Good Growth Capital (www.goodgrowthvc.com) announced it has started looking at investments in Southern California, adding Krisztina Holly as West Coast Venture Partner for the firm. That's one of our big strengths, both our operating experience and our really deep network. It's even harder now.

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How Chinese Startup Tradesparq Is Looking To Grow In SoCal

socalTECH

In what is a fairly unusual move, last week, Tradesparq (www.tradesparq.com), a Chinese startup in the area of B2B trade information, said it was planning on setting up its operations here in Southern California, as part of an expansion and scaling of the company. We then add things like ratings, and then shipment data.

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Eight Repeat Entrepreneurs To Watch In SoCal

socalTECH

One complaint we sometimes hear from venture capitalists visiting Southern California for the first time, is the difficulty of finding experienced entrepreneurs and executives. Demand Media / Richard Rosenblatt / Los Angeles - Rosenblatt's last big win: MySpace, where he was Chairman, brokering its sale to News Corp.