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VC Invest $587M In SoCal In Q4, But National Investments Drop 47 Percent In 2009

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The latest numbers from the MoneyTree Report from PricewaterhouseCoopers and the National Venture Capital Association (NVCA), based on data from Thomson Reuters, were released this morning, finding that there was $587.8M invested--the vast majority of that in the San Diego area. invested in Southern California in Q4.

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VC Invest $587M In SoCal In Q4, But National Investments Drop 37 Percent In 2009

socalTECH

The latest numbers from the MoneyTree Report from PricewaterhouseCoopers and the National Venture Capital Association (NVCA), based on data from Thomson Reuters, were released this morning, finding that there was $587.8M invested--the vast majority of that in the San Diego area. invested in Southern California in Q4.

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Teledyne Increases Stake in Robot Maker Ocean Aero

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Thousand Oaks-based Teledyne Technologies has increased its stake in San Diego-based Ocean Aero , a developer of unmanned, robotic underwater and surface vehicles used for the scientific, defense, and oil and gas market, the company said late Friday. Financial terms of the deal were not disclosed.

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Xirrus Ranks Two In WSJ Top Startups List

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In a proof that it's not all social media and e-commerce here in Southern California, number two ranking startup in The Wall Street Journal's ranking of the "Top 50 Startups" is none other than wireless hardware provider Xirrus , based in Thousand Oaks. That list included Laguna Hills-based Glaukos at number 7; Donuts Inc. ,