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Soraa Unveils LED Lighting Product

socalTECH

Soraa , the UC Santa Barbara spinout funded by Khosla Ventures, NEA, and NGEN Partners, has unveiled its first product, a new LED lighting lamp. Soraa, which was started in Goleta, said its Soraa LED MR16 lamp is intended as a replacement for traditional, halogen MR16 bulbs. Pricing on the LED lamps has not been released.

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How MakeSpace Recently Closed $30 million in New Funding

Both Sides of the Table

And we’re investing in computer vision technology to better image your storage items and soon we’ll be able to predict what you have in storage based on artificial intelligence algorithms that can probabilistically determine which things are pictures, lamps, dressers, skis and so forth.

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Mark Suster: New, $200M Fund, and GRP's New Name, Upfront Ventures

socalTECH

Despite the increase in startup activity in Southern California, local venture capital funds are still few and far between, and a large chunk of the funding here is still from Sand Hill Road. The firm just announced that new fund, and a new name, Upfront Ventures (www.upfront.com). Tell us about the new fund?

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Topanga Technologies Raises $15M

socalTECH

Canoga Park-based Topanga Technologies , a developer of high efficiency, plasma lighting, has scored $15M in new funding, according to regulatory filings from the firm. Details on the funding have not been announced by the company. The firm has previously scored funding from Khosla Ventures.

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SPONSOR POST: Southern California Technology Firms Are Hiring

socalTECH

Recent job postings on the site: LAMP/Perl Developers , Los Angeles, Oversee.net. You can also use socalTECH.com's database of high tech companies in Southern California to locate employers near you, companies which have recently received funding and are likely to hire, or screen for companies in certain industries.

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Understanding Changes in the Software & Venture Capital Industries

Both Sides of the Table

The trend of funding anything from the first $25k to funding $50 million at a billion+ valuation is unlikely to last as the skills and style to be effective at all stages are diverse enough to warrant focus. I will argue that LPs who invest in VC funds will also need to adjust a bit as well.

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Feather Launches Furniture Subscriptions In LA, OC

socalTECH

The New York-based startup offers up furniture from retailer West Elm, which lets them rent tables, lamps, sofas, love seats, and more--and lets them also return and swap those products anytime they like. READ MORE>>.