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San Diego-based GrollTex , a new startup spinning out of the University of California, San Diego, has scored a seedfunding round. The funding came from The Triton Fund and the Tech Coast Angels. Size of the funding was not disclosed. READ MORE>>.
Tortuga Logic , a new startup focused on chip-level cybersecurity technology whose founders include professors from UC San Diego and UC Santa Barbara, has raised $2M in a seedfunding, the company disclosed on Thursday. The seedfunding came from Eclipse Ventures.
La Jolla-based Aira.IO , a developer of software tools which use Google Glass to help the blind and low-vision individuals, has raised $790,000 in a seedfunding round, the company said this morning. The funding came from Lux Capital and ARCH Venture Partners,a long with futurist Ray Kurzweil and blind adventurer Erik Weihenmayor.
There is much discussion online and also in small, private groups, about why the price of technology companies – public and private – are falling. Back then Michael Arrington accused some of Silicon Valley’s top seedfunds of “colluding” by meeting secretly to talk down the valuation of startups.
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