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Tech Coast Angels Number Two In Angel Investments Report

socalTECH

The Tech Coast Angels , Southern California''s largest angel investment group, is ranked number two in the nation this year in terms of the number of deals the group did, according to the latest 2012 Halo Report. cbinsights ranking report capital venture investment angel angels coast tech'

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DriveCam Hits $100M In Revenues

socalTECH

DriveCam , the San Diego startup developing technology which analyzes and tracks the performance of commercial fleet drivers, reported this morning that it has just reached over $100M in 2012 sales. DriveCam said the revenue growth came due to global expansion, strategic partnerships, and continued growth within its customer fleets.

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Angel Group: New SEC Rules Could Kill Angel Investing

socalTECH

The ACA said the new SEC rules require either pay stubs for the two most recent years for an angel, or review of IRS forms that report income (include a W-2, 1099, or 1040)--which it says its angels would be unwilling to provide. investor investors accredited rules capital venture investment angel' READ MORE>>.

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Staff Ranker: Helping Hospitality Businesses Better Manage Workers

socalTECH

It''s too cumbersome, and most of the products are 360 reviews, corporate management type products, which are too expensive. In an industry which has a turnover ratio of about nine months, most companies do these one year reviews which don''t make any sense. It''s kind of a challenge in those businesses, so that they don''t even do it.

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Local Angels: Still Investing, But More Selective

socalTECH

Last week's angel investment report by the Angel Capital Association reported that investments by angel investors dropped nine percent in 2008, with a hefty percentage of angel investors--40 percent--expecting this year will be a down year.

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Q3 Venture Investments For SoCal Total Around $1.0 Billion

socalTECH

Q3 has traditionally been a slower, venture funding quarter in Southern California, due to summer vacations and a slower work schedule for both high tech companies and venture firms during the summer months. billion invested in Q2. The largest deal in the quarter was for Dun & Bradstreet Credibility Corp.

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Venture Totals Drop In Southern California For Quarter

socalTECH

A study of the venture capital deal flow in Southern California conducted by socalTECH shows that venture capital deals dropped for Q3, to around $720M in deals, in a market dominated by clean technology firms. in venture capital deals in the third quarter, down dramatically from $1.2B