Friday, September 4, 2009
Prism VentureWorks Shuts Los Angeles Office
Venture capital firm Prism VentureWorks has shut its offices in Los Angeles, according to a report Friday by peHUB. According to the report, the firm's Venice offices were shut to save money on overhead for the firm, with partner Gordie Nye continuing to work here out of his home office. Prism's SoCal investments include Mota Motors, Six Degree Games, ibeatyou, and

posted on Friday, September 4, 2009(Full story)

Semicoa Deal Price: $16M
Costa Mesa-based Semicoa, which was spun back out of semiconductor firm Microsemi on August 24th, has raised $16M in funding associated with the private equity deal. According to a recent regulatory filing by the firm, it received $16.0M in conjunction with the deal to relaunch the firm. The funding came from Vance Street Capital. Microsemi was forced to divest Semicoa as part of a settlement with the U.S. Department of Justice, after Microsemi purchase the firm in July of 2008. Microsemi paid $ (More info...)

posted on Friday, September 4, 2009(Full story)

Sonos Connects Into Twitter
Santa Barbara-based Sonos, a maker of an Internet-connected, whole-house digital music system, said today that the firm has launched public beta testing of software which connects the firm's music systems into Twitter. According to Sonos, the new features allow customers to automatically post updates on the music they're listening to Twitter, direct from their Sonos controller. Sonos said the new Twitter integration will roll out to all of its Sonos Controller 200, Sonos Controller for iPhone, a (More info...)

posted on Friday, September 4, 2009(Full story)

Teledyne Buys Remainder Of Ocean Design
Thousand Oaks-based Teledyne Technologies announced this moring that the firm's subsidiary, Teledyne Instruments, inc., has acquired the remaining portion of Ocean Design that the firm did not own. Teledyne said it paid approximately $19.6M to acquire the remaining 11 percent of Ocean Design. Ocean Design is a Florida-based manufacturer of undersea, electrical and fiber-optic interconnect systems used in oil and gas production, oceanographic research, and military applications. Teledyne had purc (More info...)

posted on Friday, September 4, 2009(Full story)

Executive Moves - sponsored by
Check out's summary of executives moves, sponsored by! Get a complete rundown of significant hires, promotions, and
more from socalTECH, generously sponsored by NeoHire (
which provides executive search services for Southern California's high
tech community.

VentureNet - Application deadline September 15th
VentureNet is an excellent fund-raising platform for Southern California
companies that develop and commercialize software and related information
technologies and which have the potential to create superior shareholder
value. The past ten VentureNet conferences have cumulatively helped
presenting companies raise over $100 million.

The audience at past VentureNet conferences has included all venture
capital firms and angel groups in Southern California, numerous venture
capital firms from Northern California and elsewhere in the country, and
investment bankers. We have also attracted the most influential
opinion-leaders in Southern California's technology industry, including
accounting firms, law firms, banks and executive recruiters.

Deadline to apply is September 15th. Apply now:

SoCal IP Law Group LLP - IP Counselors For Technology Companies
>> Focused on high tech's unique needs
>> Pragmatic cost-effective IP portfolio management
>> U.S. and international patent and trademark procurement
>> IP Litigation
>> IP Licenses and Agreements: distribution, development, joint venture
>> Intellectual property aspects of mergers and acquisitions

310 N. Westlake Blvd., Suite 120, Westlake Village, CA 91362
735 State St., Suite 211, Santa Barbara, CA 93101 -

2009 Orange County Emerging Growth Awards - Accepting Entries
Southern California Venture Network ( is proud to announce it is accepting online entries through August 28 for the 2009 Orange County Emerging Growth Awards.

The awards are held in partnership with USC Stevens Institute for Innovation, USC Marshall School of Business Orange County Alumni Association, Chapman University College Extended Education, Chapman University Leatherby Center for Entrepreneurship and Business Ethics, Harvard Business School Association of Orange County, IEEE Orange County Section, and the 7th-Annual System on Chip (SoC) Conference.

Companies should be headquartered in Orange County, have $1MM-$20MM in revenues and have reached a significant level of growth within the past 12 months. Apply online at:

Costello and Sons Technology Insurance Brokers
Insuring Innovation.

Sponsored By


Recent Interviews

Browse Issues