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Southern California Investments On Uptick, Totals $686.5M For Q1

socalTECH

Southern California venture capital investments totaled $686.5M According to the report, released today, Southern California investments totaled $686.5M Southern California's investment totals bucked the national trend, which found that there was a 9 percent drop in dollars to $4.7 of the total invested in Q1.

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Pathology Inc. Gets Series A

socalTECH

Torrance-based Pathology, Inc. , a provider of pathology and molecular diagnostics services, has received a Series A investment, according to lead investor ABS Capital Partners. will use the funding to retire founding shareholders, as well as for growth and and investment in new technologies. ABS said that Pathology, Inc.

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BQE Software Scores Private Equity Funding

socalTECH

Torrance-based BQE said on Wednesday that it has received a "significant investment" from private equity investor Serent Capital. Financial details of the investment were not announced. Serent Capital is a private equity investor that invests in technology and tech-enabled software companies.

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Location-based virtual reality is increasing its footprint in the U.S.

TechCrunch LA

Earlier this year, in a small, grey-walled storefront inside a very large mall in Torrance, Calif. households from getting the gear in their hands and until those costs come down, out-of-home experiences provide the best way to get consumers comfortable with the technology. to commit to the sensory overload that is virtual reality.

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Phyn Taps Into $10M More For AI-Powered Plumbing Monitoring Device

socalTECH

Torrance-based Phyn , the developer of the remarkably advanced water monitoring technology spun out of Belkin, said today that it has raised another $10M in funding, from current investor Uponor. According to Phyn, the new investment will go towards market penetration and to scale the company's operations.

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

socalTECH

We''re proud to announce the Socaltech 50 , our list of the 50, up-and-coming people in Southern California''s technology ecosystem. Josef Gorowitz , Swagbucks (Torrance, online marketing/rewards). Adam Goldenberg , Intelligent Beauty/JustFab (El Segundo, fashion). Matthew Goldman , Wallaby Financial (Pasadena, financial).

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LiveOffice Claims Record Revenue

socalTECH

Torrance-based LiveOffice , a provider of hosted email archiving and related services, reported today that the privately held firm had "record-setting" revenues in Q2. LiveOffice is backed by private-equity firm Summit Partners, which invested in the company in 2007. READ MORE>>.

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