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Corona del Mar-based venturecapitalinvestment firm MiramarVenture Partners is losing one of its Managing Director, Maneesh Goyal , who is departing to a new early and growth stage healthcare technology investment firm. READ MORE>>.
Southern California venture totals for Q3 totaled around $1.0 billion in investments, according to the Q3 analysis of venturecapital deals by socalTECH.com. billion invested in Q2. In terms of industries, Biopharmaceutical investments led the quarter with around $260.4M
Corona Del Mar-based Miramar Digital Ventures is in the midst of raising a new, $100M venturecapital fund, according to a filing from the firm this week. MiramarVentures is led by Bruce Hallett and Sherman Atkinson. No details on the fund have yet been released by the venturecapitalinvestment firm.
The latest venturecapital numbers from PricewaterhouseCoopers LLP (PwC) and the National VentureCapital Association (NVCA), based on data provided by Thomson Reuters, was released tonight, showing that Southern California had $493.2M in investments in Q1 of the year, across 54 deals. invested in Q1 of 2010.
Maneesh Goyal , formerly a venture capitalist at Corona Del Mar-based MiramarVenture Partners, is now officially head of his own fund--a $50M, healthcare IT fund called MergerTech Capital. MergerTech Capital is based in San Ramon, California, however, it looks as if Goyal also has an office in Newport Beach.
Three, local venturecapital investors -- MiramarVenture Partners , Okapi VentureCapital , and Qualcomm Ventures -- are part of a group investing $22.1M Miramar and Okapi are in Orange County, and Qualcomm is in San Diego. According to Welltok, it raised its new $22.1M
The new funding came from Accenture and GE Ventures, two strategic investors in the company, along with new investor Frost Venture Partners. Prior investors DFJ Frontier, EMC, MiramarVenture Partners and Palomar Ventures also participated. predixion software predictive analytics venturecapital data'
The round was led by MiramarVenture Partners, and also included prior investors Newport Coast Investments, RimLight Capital, Fulcrum VentureCapital, and ad pepper media International. Other investors also include the CGI Opportunity Fund II, the investment vehicle of the Ueberroth Family.
The firm has previously raised funding from ad pepper media international, CGI Opportunity Fund, Fulcrum VentureCapital, MiramarVenture Partners, Newport Coast Investments, and RimLight Capital. as part of an ongoing, $7.0M funding round, according to a filing from the firm this week.
BAT said the new round was led by Matthew Pritzker Company , and also included existing investors MiramarVenture Partners , Newport Coast Investments , RimLight, LLC, Fulcrum VentureCapital , and ad pepper media International. in a Series D funding round.
SolarFlare's current investors include Oak Investment Partners, Anthem Venture Partners, Acacia Capital Partners, and MiramarVenture Partners. SolarFlare develops low latency, high bandwidth 10GbE adapters and related products. No details have been announced by the company yet on the new funding. READ MORE>>.
Aliso Viejo-based Cirro , a developer of enterprise,d ata integration and analysis software, announced this morning that it has received a strategic investment from GE Ventures. Cirro did not detail the amount of the investment from GE Ventures. cirro venturesventurecapital' READ MORE>>.
BAT is headed by Ryan and Chad Steelberg, and venture backed by Matthew Pritzker Company,MiramarVenture Partners, Newport Coast Investments, RimLight, LLC, Fulcrum VentureCapital, and ad pepper media International. READ MORE>>.
The new, strategic investment came from an un-named investor, and also included prior investors DFJ Frontier, MiramarVenture Partners and Palomar Ventures. Predixion said the funding will go towards further product development, plus serviec, sales and marketing.
The round was led M12, the venturecapitalinvestment arm of Microsoft, and Applied Ventures, the venture arm of Applied Materials, and also included Atlantic Bridge Capital, Alpha Edison and Miramar Digital Ventures.
The firm has previously raised funding from Oak Investment Partners, Anthem Venture Partners, Acacia Capital Partners, Intel Capital, and MiramarVenture Partners. SolarFlare is led by Russell Stern, and in the last year has been expanding from the silicon area to also providing branded adapters.
San Diego-based biotech investment firm Domain Associates announced this morning that it has promoted Nimesh Shah to Partner at the firm. Shah sits on the boards of Zyga Technology, Benvenue Medical, Cotera, Miramar Labs, Sequent Medical, and Twelve (Foundry Newco VII). domain associates partner executive nimesh shah venturecapital'
Solarflare is venture backed by Oak Investment Partners, Anthem Venture Partners, Acacia Capital Partners, Intel Capital, and MiramarVenture Partners. Irvine-based Solarflare Communications , a developer of 10 Gigabit Ethernet adapters and silicon, has raised $5.0M READ MORE>>.
Managing Director of MiramarVenture Partners. He joined Miramar in 2006. Maneesh works with Miramar portfolio companies to identify growth drivers, potential business partners and evaluate prospective investment opportunities. in venturecapital and publicly launched in May 2011.
On the Run Tech also said it has closed a seed round of $1.3M, bringing the total raised by the company to $2.0M; the firm is backed by Selena Gomez , Crosslink Capital , Crosscut Ventures , Siemer Ventures , MiramarVenture Partners , Newport Coast Investments and Double M Capital, among others.
Details on that funding have not been announced by the company, whose investors include Oak Investment Partners, Anthem Venture Partners, Acacia Capital Partners, and MiramarVenture Partners. Irvine-based Gigabit Ethernet semiconductor developer Solarflare Communications has raised $22.2M READ MORE>>.
PricewaterhouseCoopers and the National VentureCapital Association (NVCA) released their 2008 Q4 MoneyTree Report this evening, reporting that $28.3 billion was invested in 3,808 deals in the fourth quarter of 2008. Year to year, Los Angeles actually had an increase in investments, up from $168.8M billion in 277 deals.
VC Shut Down – Software startup Miramar Systems negotiated a seven year provision with their venture capitalists which gave the company an option to refund the their investors’ money, if the company was not sold within seven years. He was prepared to share 25% of the films’ net revenue with the Beatles’ Manager, Brian Epstein.
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