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Lumexis Lands $15M For In-Flight Entertainment Systems

socalTECH

According to Lumexis, the financing round also included prior investors PAR Capital Management and Zone Ventures, and includes an option for an additional investment of $7.5M.

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Siimpel Acquired By Tessera

socalTECH

The firm was venture backed by Draper Fisher Jurvetson, DoCoMo Capital, LG Innotek, Zone Ventures, Scale Venture Partners, Qualcomm Ventures, Motorola, Micron, Portage Ventures, and SunAmerica; the firm had raised over $65M in funding over its lifetime.

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Siimpel Snags $813,000

socalTECH

The filing indicates the fundraising includes both equity and debt, and appears to be the first investment in a new venture round. Siimpel is venture backed by such firms as Draper Fisher Jurvetson, DoCoMo Capital, LG Innotek, Zone Ventures, Scale Venture Partners, Qualcomm Ventures, Motorola, Micron, Portage Ventures, and SunAmerica.

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NeuroVigil Gets Funding

socalTECH

NeuroVigil has previously raised seed funding from DFJ Frontier, Draper Fisher Jurvetson, and Zone Ventures, which invested $250K in the firm when it won the 2008 DFJ Venture Challenge. NeuroVigil's technology is based on research from the Salk Instutute for Biological Studies. The firm was founded by Dr. Philip Low.

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Siimpel Scores Investment From Korean Firm

socalTECH

Qualcomm, Motorola, Micron Technology, along with investors Draper Fisher Jurvetson, Portage Venture Partners, Zone Ventures, Scales Venture Partners, and SunAmerica. The firm has raised more than $61M in venture funding since 2003, and last raised a funding round in November of 2008 lead by DOCOMO.

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Layoffs Hot Keyword for Second Half of January 2009

SoCal CTO

-The Scott Sanfilippo Interview Media Optimization Firms Are Red Hot In Southern California in 2009 Proliferate - Aggregate - Integrate Startups Uncensored #4 - “Finding and Working with Partners” SoCal VC’s absent from Forbes Midas List Top Five Best Uses of an Entrepreneur's Legal Dollars What Data Crunchers Did for Obama An Evaluation of Web Strategy (..)

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NeuroVigil Finds More Funding

socalTECH

According to the company, the round was led by Howard Morgan, and also included Elon Musk, Tim Draper, and Draper Fisher Jurvetson and Zone Ventures. Size of the funding was not disclosed. NeuroVigil is developing a non-invasive, portable brain scanning device.

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