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Palomar Ventures Teams With Soros On Wireless Investment

socalTECH

Los Angeles-based Palomar Ventures is in a new funding with Soros Fund Management, in a deal worth $128.4M Palomar is represented on ExteNet's board by Kevin Jacques. Tags: palomar ventures extenet soros wireless. to Illinois wireless firm ExteNet Systems.

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Crosscut Ventures Raising Second Fund

socalTECH

Los Angeles-based Crosscut Ventures , the early stage, venture capital investment firm run by Rick Smith and Brian Garrett, looks to be kicking off a new fund, according to an SEC filing this week. Details on the fund size were not included in the filing, and the firm has not commented on the filing. READ MORE>>.

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Venture Firms Invest Around $1.6 Billion In Q2 2010 In SoCal

socalTECH

An analysis of Q2's venture capital deals and investment activity in Southern California find that venture capitalists invested around $1.6 billion invested in Q1, and up from $1.0 in investment), Energy ($190.2M in investments) and Medical Deviecs ($128.1M in investments in Q2). billion in Q2 of last year.

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Venture Capitalists Invest $475.5M In Southern California In Q3, Says MoneyTree

socalTECH

was invested in 65 Southern California deals in Q3, compared to $773.3M billion invested in 637 deals in Q3, up 17 percent quarter-to-quarter, but down three percent in deals. in 32 deals, followed by Los Angeles with $172.3M and 87 deals in Q3 of last year. In the region, San Diego led in Q3 deals, with $236.3M in 25 deals.

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Interview with Brian Garrett, Crosscut Ventures

socalTECH

Los Angeles-based Crosscut Ventures (www.crosscutventures.com) is one of the newest venture capital funds in the area, and has quietly been working on funding local companies over the last year. Let's start with an overview of the fund. What do you invest in? We closed our fund in August of 2008.

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Interview with Steve Goldman, Ace Metrix

socalTECH

Los Angeles-based Ace Metrix (www.acemetrix.com) launched its software-as-a-service, TV advertising rating service last month, and we spoke with the firm's CEO and co-founder, Steve Goldman, recently to learn more about the firm. Ace Metrix is venture backed by Hummer Winblad, and Palomar Ventures. Tell us a bit about your company?

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The Challenges (& Opportunities) of Starting a Tech Company in LA

Jason Nazar

I asked the panelists ( David Travers , Brian Norgard , Fouad ElNaggar , & Demian Sellfors ) about the specific challenges that we face down here in Los Angeles as opposed to Silicon Valley. That’s typically not the case in Los Angeles. Challenge #3 – There Needs to Be More Institutional Capital in Los Angeles.

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