Friday, March 13, 2009NeoMatrix Gains $15M In FundingIrvine-based NeoMatrix, a developer of a noninvasive breast cancer screening device, said Friday that it has completed a C2 funding round, worth $15M. Investors in the round were not disclosed. According to the firm, the round was oversubscribed, exceeding an initial target of $10M in the new funding round. NeoMatrix also said it was not done raising capital, and that it has initiated a C3 round of between $2 and $3M at the same terms. NeoMatrix said the new funding will go towards further comme (More info...)
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Insights and Opinions: What's going on in venture capital in San Diego?For our insights and opinions section today, we're featuring a recent podcast by Frank Peters, of the Frank Peters Show, and an angel investor.
What's going on in venture capital in San Diego? And how will the changing venture economy affect angel investors? Mission Ventures' Dave Ryan talks with Frank Peters, and offers advice for angel investors.
Listen
More Insights and Opinions on socalTECH.com.
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Make It Work Gets Into RadioSanta Barbara-based Make It Work, which operates an in-home, computer and electronics help service, said Friday that it has signed a multi-year contract to host a radio show on KNX 1070. According to Make It Work, the show will be hosted by Jeremy Anticouni, co-founder and Chief Technology Officer of the firm, along with radio talent Tim Conway, Jr. Make It Work serves the Southern California region with computer troubleshooting services. Financial details behind the contract were not disclosed. (More info...)
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MyShape Promotes VPPasadena-based myShape, a venture-funded e-commerce site focused on personalized fashions for women, said this week that it has promoted Louise Tobia to Senior Vice President, Merchandising. The firm said that Tobia previously served at Robinson-May/Meier & Frank, and has over 25 years of experience. MyShape is venture backed by Draper Fisher Jurvetson, Lehman Brothers Venture Partners, the Pasadena Angels and the Tech Coast Angels, and offers an online site and technology where women can person (More info...)
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Sangart Gets $50MSan Diego-based Sangart, a biopharmaceuticals firm focused on the commercialization of oxygen therapeutics, said Thursday that it has raised $50M in a Series F funding round. Names of investors were not disclosed, however, the firm said the round came from existing investors. According to Sangart, the funding round brings the company's total raised under its Series F round to approximately $100M. The new funding will go towards further clinical development of its products. Sangart's Series F, wh (More info...)
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ARTISTdirect Signs Ad Rep AgencyLos Angeles-based ARTISTdirect, which operates an online site focused on music and film, has signed on a group to represent the firm in advertising and sponsorship sales. According to ARTISTdirect, it has tapped Traffic Marketplace for its site, to extend its reach, particularly among the teen demographic. Financial details of the deal were not disclosed. The firms said that the firms will offer banners, sponsorships, audio ads, video and audio pre-rolls, custom skins, and wallpaper opportunitie (More info...)
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SPONSORED POST: Win a free ticket to the Third Annual IMA Conference in VegasInterested in winning a free ticket to the Internet Merchant Association's conference in Las Vegas? (worth $599)? The Internet Merchant's Association conference is focused on the e-retail marketplace. Find out the three
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MySpace Launches March Madness BracketsLos Angeles-based MySpace is launching a promotion centered around the upcoming NCAA March Madness basketball tournament Monday, with a promotion and $10,000 prize, the firm revealed this morning. According to MySpace, it will be giving away $10,000 to the winner of the firm's second annual MySpace Bracket Challenge, which is being sponsored by vitaminwater. The bracket game will allow users to predict the winners of all of the NCAA Men's Division I Basketball Tournament games, starting with Gam (More info...)
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