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SoCal Investor Benefits From Fabrinet IPO

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A little known Southern California venture capital investor is benefiting from the IPO of Silicon Valley-based Fabrinet today, after Fabrinet said it has priced its IPO and will list on the New York Stock Exchange. Shea Ventures--which is based out of J.F. Shea web site.

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Guesty Gets $3M

socalTECH

Walnut, California-based Guesty , which develops software for professional property managers, says it has raised $3M in a Series A funding. According to Guesty, the round was led by Buran Venture Capital, and also included Magma Venture Partners and AltaIR Capital.

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