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State of the Capital Markets

SoCal Tech Calendar

Wednesday, January 5, 2011 -- State of the Capital Markets. The economic upheaval of the past several years had made it difficult for companies of all sizes to find the capital needed for growth and shareholder liquidity. See [link] (more)

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Independent Technology Group Acquired By InterVision Systems

socalTECH

Westlake Village-based Independent Technology Group , a provider of information technology services, including networking, storage, and security services, has been acquired by Santa Clara, California-based InterVision Systems. InterVision is owned by private equity investor Huron Capital.

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ValueClick Buys Greystripe

socalTECH

Westlake Village-based online advertising firm ValueClick announced this morning that it has acquired Greystripe , an operator of a brand-focused mobile advertising network. Greystripe was venture backed by Steamboat Ventures, Monitor Ventures, Peacock Equity, and Incubic Venture Capital, and was based in San Francisco.

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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 for Torrance-based Amonix , $27.75M for Westlake Village-based Row 44 , $31.0M Tags: finance investment capital venture. billion in the area in Q2, up slightly from around $1.4

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Row 44 Gets $27.75M More

socalTECH

Westlake Village-based Row 44 , the developer of in-flight, wireless access systems run by John Guidon, has raised another $27.75M, as part of an ongoing $60M funding round, according to a regulatory filing from the firm today. Row 44 has previously raised funding from PAR Capital Management. READ MORE>>.

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Altasens Raises $15.1M

socalTECH

Westlake Village-based Altasens , a developer of CMOS image sensors, has raised $15.1M Source of the new funding was not disclosed, however, the firm previously raised funding from ITX International Equity. out of a $20.1M funding round, according to a regulatory filing from the firm Thursday. READ MORE>>.

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Row 44 Competitor Gets Funding Injection

socalTECH

A major competitor to Westlake Village-based Row 44 , which develops Wi-Fi equipment for the commercial aviation market, has scored a big funding round this morning. Illinois-based Aircell , which provides a competing, in-flight Internet access service to Row 44, said it has raised $35M in funding from its private equity investors.