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Betterworks Plans Expansion To OC, San Diego, Austin, and NYC

socalTECH

Santa Monica-based BetterWorks , the provider of a technology based, employee fringe benefits programs, said today that it is planning to expand to Orange County, San Diego, Austin, and New York in the next month. READ MORE>>.

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Interview with Fouad ElNaggar, Redpoint Ventures

socalTECH

Redpoint Ventures is one of the venture capital firms which has straddled both Northern California and Southern California, with offices in both locations. It would be interesting to hear about where your interests are nowdays, there was a rumor Redpoint had backed off activity here lately. People can come in and have a coffee.

Redpoint 154
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Qualcomm Gets Exit At Eero

socalTECH

San Diego-based Qualcomm has seen an exit at one of its Qualcomm Ventures portfolio companies, Wi-Fi mesh equipment maker Eero , which was acquired by Amazon on Monday. Financial terms of the acquisition were not announced.

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Southern California Startups Raise $761.12M in Q2 2014

socalTECH

invested in San Diego, and $66.53M invested in Orange County during the period. for San Diego-based biopharmaceuticals firm Otonomy ; and $48.0M for San Diego''s Veredezyne , which is developing biofuels and biochemicals processes. True Ventures and Redpoint Ventures both had 3 investments each.

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Qualcomm Backs MapR's Hadoop Technology

socalTECH

San Diego-based Qualcomm Ventures , the venture capital arm of Qualcomm, has put its funding behind MapR , the company behind the big data software framework called Hadoop. Existing investors, including Lightspeed Venture Partners, Mayfield Fund, NEA and Redpoint Ventures, also participated. READ MORE>>.

Redpoint 147
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Qualcomm Backs Cyanogen In $80M Round

socalTECH

San Diego-based Qualcomm is one of the investors in mobile operating system developer Cyanogen , as part of that company''s new, $80M Series C funding. Cyanogen is developing an open source alternative distribution to the Android operating system. READ MORE>>.

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ServiceNow's Slootman Aligns With Pre-IPO Flash Storage Firm

socalTECH

Frank Slootman , the CEO of San Diego-based ServiceNow , headed up the software developer''s very successful IPO last year. Rowe Price, Fidelity, Tiger Global, and Sutter Hill, Greylock, Redpoint, and Index Ventures. That funding came from T. READ MORE>>.

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