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Venture Capital Totals $603.2M In Southern California In Q3

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Venture capital investments in Southern California for Q3 of 2011 are up from last year, but down from last quarter, according to the latest numbers from PricewaterhouseCoopers and the National Venture Capital Association based on data provided by Thomson Reuters. was invested in the region. billion was invested in 1,015.

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

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Daryl Bernstein , RightSignature (Santa Barbara, software). Dev Bhatia , SRCH2 (Irvine, search engine software). Isaac Garcia , Central Desktop (Pasadena, software). Adam Goldenberg , Intelligent Beauty/JustFab (El Segundo, fashion). John Jersin , Connectifier (Newport Beach, recruiting software).

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Infrascale Raises $16.3M, Acquires Eversync

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El Segundo-based Infrascale , which provides cloud-based data backup, disaster recovery, archiving, and other services, said today that it has raised $16.3M The funding came from Carrick Capital Partners. infrascale eversync merger acquisition cloud backup software venture capital infrastructure storage disaster recovery'

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CUJO AI Gets Funding Injection

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El Segundo-based CUJO AI , a developer of artificial intelligence-based cybersecurity software for telecom network operators, has raised a round of growth capital from KPN Ventures, the company said this morning. KPN Ventures is the corporate venture capital arm of Netherlands-based KPN, a large telecom company.

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Morphlabs Raises $5.5M

socalTECH

El Segundo-based Morphlabs , the latest startup of Winston Damarillo, is announcing today that it has raised $5.5M The round was led by Global Gateway Investment Group (G2iG), and also includes Frontera Group LLC, CSK Venture Capital Co. and AO Capital Partners Ltd. in a Series B financing round. READ MORE>>.

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Ripple TV Acquired By TargetCast

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El Segundo-based Ripple has been acquired by TargetCast Networks, a San Ramon-based operator of a out-of-home digital advertising network. in venture capital from Draper Fisher Jurvetson and Trinity Ventures; TargetCast is venture backed by Claremont Creek Ventures. Ripple had taken around $19.0M

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Slingshot Aerospace Raises $3.25M

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Los Angeles- and Austin, Texas-based Slingshot Aerospace has raised $3.25M in its Series Seed round, according to lead investor ATX Seed Ventures. The round also included investments from Okapi Venture Capital and Sway Ventures, along with Stage and NoName Ventures. READ MORE>>.