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Bird Banks $100M In Series B

socalTECH

Santa Monica-based Bird , which operates a network of "last mile" electric vehicles for connecting users with public transportation like buses and subways, has raised $100M in a Series B funding, the company said on Friday. As part of the funding, Bird said it has named angel and venture investment veteran Paige Craig as its new Head of U.S.

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Inston, Cyberflow Advance Towards $150,000 Cisco Innovation Award

socalTECH

Cisco said Thursday that San Diego-based CyberFlow Analytics and Los Angeles-based Inston are one of fifteen semifinalists that were selected out of 3,000 participants from 100 countries entering the competition. READ MORE>>.

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Inston, Cyberflow Advanced Towards $150,000 Cisco Innovation Award

socalTECH

Cisco said Thursday that San Diego-based CyberFlow Analytics and Los Angeles-based Inston are one of fifteen semifinalists that were selected out of 3,000 participants from 100 countries entering the competition. READ MORE>>.

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Southern California needs to find its hub for it to develop its own tech ecosystem

TechCrunch LA

Founded by Steve Poizner last year to accelerate the growth of a startup entrepreneurial ecosystem in Southern California, The Alliance is building a network of investors, entrepreneurs and universities to provide ballast in the south to the dominance of the Northern California tech industry.

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Accelerator Crazy In Southern California

socalTECH

The group is a member of the TechStars Network, and boasts a who's who of successful local CEOs and investors. K5Launch , which was announced yesterday, is headed up by Amir Banafatemi, Ray Chan, David Cheng, and Kai Tao, four Southern California angel investors.

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Interview with Fouad ElNaggar, Redpoint Ventures

socalTECH

To hear about the firm's interest in Los Angeles, and Southern California investments in general, we spoke with Fouad ElNaggar , Principal at the firm, to hear about where the firm is nowadays and what kind of investments it is making locally. Fouad ElNaggar: If you want to come in for a face to face, I'm the point of the sphere.

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Can You Really Build a Great Tech Firm Outside Silicon Valley?

Both Sides of the Table

Los Angeles. We have world-class universities like Caltech, UCLA, USC and more. There is no region in the country that comes close to having the sheer number of angels & VCs that Silicon Valley has as well as the dollars that flow into the region (40% of all dollars, PwC Moneytree report ). Let me use LA as an example.