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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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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>>.

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

socalTECH

For the quarter, San Diego County garnered the most venture capital, with $231.3M The biggest investments in Southern California for the quarter were for San Diego's SkinIt , a maker of customized "skins" for electronic devices, with $60.0M funding, fellow San Diego cloud computing firm RightScale , with $25.0M

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Q1 Southern California Venture Deals Rise To Around $1.4B

socalTECH

The growing clean technology sector also helped numbers, with $74.0M funding round from Irvine's Fisker Automotive , $30M for Irvine's NeoMend , $30M for San Diego's Tandem Diabetes , and $25.0M Interestingly, only Redpoint, Domain, Anthem, and DFJ Frontier have local offices in Southern California. in a March deal.

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Layoffs Hot Keyword for Second Half of January 2009

SoCal CTO

When I drill down on that term, you can see why with posts like: Hollis-Eden Pharmaceuticals Lops A Third Of Company THQ Lays Off 100 Employees, Closes San Diego Office Citrix Cuts 10 Percent; Santa Barbara Hit And it's also interesting to see what geographies are being associated with "Layoffs" more often than others: Layoffs Woodland Hills Layoffs (..)

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SoCal Venture Deals Up In Q2

socalTECH

in 21 deals, and San Diego saw $170.6M Southern California's venture totals were significantly boosted by clean technology, and more specifically, financing for electric car manufacturers. Nationally, venture deals in the U.S. totaled $6.5 billion, the strongest quarter since the third quarter of 2008. Los Angeles saw $407.2M

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Southern California Investments On Uptick, Totals $686.5M For Q1

socalTECH

San Diego was not far behind, with $222.4M The energy and clean technology sector actually helped boost investments in Los Angeles, as well, with big deals for Torrance-based Amonix , which raised $64.4M Clean technology in Southern California represented $230.0M across 31 days. in 29 venture capital deals for Q1.