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TrueCar Jumps In IPO As Socal Tech Exits Continue

socalTECH

Santa Monica-based TrueCar , the online new car pricing and buying site, jumped in its IPO Friday morning, trading up 16 percent in early trading this morning. The company--the second technology company to have an IPO this year from Southern California--was trading around $10.47 per share late last night. READ MORE>>.

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Southern California Startups Raise More Than $598.4M In VC In Q4

socalTECH

Southern California''s venture capital investments totaled a little more than $598.4M billion was invested across Southern California''s technology industry. Other large deals included United Capital Financial Partners ($38.0M); Achates Power ($35.2M); TrueCar ($30.0M); and JustFab (also $30.0M). For Q4, $8.4

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Here's Who Is Funding Companies In Southern California Today

socalTECH

Are you a startup looking to find funding in Southern California? Here are the venture firms who have been most active in SoCal (Santa Babrara - Los Angeles - Orange County - San Diego) in the last twelve months, based on the number of deals: 1. Local exits: TrueCar, Gravity, Maker Studios. Upfront Partners - 11 deals.

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Announcing The Socaltech 50: Southern California's Up-and-Comers

socalTECH

We''re proud to announce the Socaltech 50 , our list of the 50, up-and-coming people in Southern California''s technology ecosystem. Getting to this list was not easy: we received over 700 nominations for people to be considered on the list, and it took a lot of work by our selection committee to whittle down the list to the finalists.

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Forbes Midas List Skips SoCal, Again

socalTECH

The last time Forbes has placed a Southern California venture capitalist on the Midas List appears to have been in 2009, when Jim Gauer of Palomar Ventures made the list.

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Sixty-four Southern California Firms On Technology Fast 500

socalTECH

A very healthy list of Southern California companies made the list, with a total of 64 companies in the region ranked in the list. 1366% Carlsbad Hany Massarany 99 TrueCar, Inc. Earlier this week, Deloitte released its latest list of the top 500 growing technology companies, in its 2012 Technology Fast 500. Gregg 85 RealD Inc.

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NXCR, Led By Scott Painter, Scores $30M In Seed Funding

socalTECH

Painter has a long history in Southern California's technology industry, and previously founded such companies as Fair, TrueCar, SharesPost, and others. According to the email from Painter, the funding is the company's first external equity financing.