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Orange County High Tech Deal Report

TECHNOLOGY NEWS FROM
SendGrid Extends Into Email Marketing

Anaheim- and Boulder, Colorado-based SendGrid, which develops email delivery services and software, is making a big expansion today, into email marketing. SendGrid said it has launched a brand new, email marketing service which is aimed at marketers looking to reliably send high volumes of mail. The move is the company's first beyond providing the "back-end" transactional email delivery it provid

Tuesday, June 18, 2013

CrowdStrike, Headed By George Kurtz, Debuts Security Software

Irvine-based CrowdStrike, the developer of security software which was founded by former McAfee CTO George Kurtz, has debuted its technology, saying that it has created a platform which is aimed at stopping security attacks and protecting users' intellectual property. The company said its big-data based, Active Defense platform moves beyond existing, passive defense security and incorporates what

Tuesday, June 18, 2013

RFaxis Debuts WLAN Power Amplifier

Irvine-based semiconductor developer RFaxis said today that it has begun mass production on a new, power amplifier (PA) aimed at the wireless local area network market. RFAxis said its RX240 high power 2.4GHz PA is aimed at use in wireless access point, routers, set-top boxes, home gateways, wireless hot spots, and other applications. RFaxis develops CMOS-based semiconductors, which have a price a

Tuesday, June 18, 2013

Emulex Certifies With Infortrend

Costa Mesa-based networking hardware provider Emulex has certified its latest set of Fibre Channel Host Bus Adapters with storage equipment from Infortrend, the companies announced today. The two said that the Emulex LightPulse 16G Fibre Channel HBAs were certified with Infortrend's 16GFC EonStor DS G7i RAID storage systems. Both products are used in data center storage area networks (SANs). 16G F

Tuesday, June 18, 2013

Oculus VR Gets $16M For Virtual Reality Gaming Headset


Irvine-based Oculus VR, a developer of a virtual reality headset for gaming enthusiasts, said Monday that it has raised $16M in nan investment round. The round includes Spark Capital and Matrix Partners. Oculus VR is headed by Brendan Iribe, the former Chief Product Officer at Gaikai; the firm's founder is Palmer Luckey, who got his start developing virtual reality systems at USC's Institute fo

Monday, June 17, 2013

Fisker Automotive Burnt Through $1.4 Billion

Anaheim-based Fisker Automotive, the troubled electric car maker, has now burnt through $1.4 billion dollars in private and public funds, according to Reuters. The amount of capital invested in Fisker makes the company the highest profile flameout ever in Southern California's startup history, far surpassing the mere $375M in venture capital raised of of prior record holder Amp'd Mobile from back

Monday, June 17, 2013

PathCentral Adds Penn Medicine

Irvine-based PathCentral said today that it has added Penn Medicine to its online information exchange and consultation forums. PathCentral said that Penn will participate in its PathCentral Pathology Network, which lets physicians upload case files and gain reviews from other pathologists. Financial impact of the win was not announced.

Monday, June 17, 2013

ClearLight Partners Sells Portfolio Firm

Newport Beach-based private equity firm ClearLight Partners said earlier this week that it has agreed to sell The Outsource Group, one of its portfolio companies, to Parallon Business Solutions, a subsidiary of HCA Holdings. Financial terms of the deal wre not disclosed. The OutSource Group was based in St. Louis, Missouri, and provides revenue cycle management services to hospitals and physicials

Friday, June 14, 2013

SYSPRO Wins Manufacturer

Costa Mesa-based SYSPRO, which develops enterprise resource planning (ERP) software, reported a win yesterday with a manufacturer of precision machined plastic components. SYSPRO said that Precision Fluorocarbon, based in Tomball, Texas, has selected the firm's software to manage its ERP processes. Financial impact of the win was not disclosed, however, SYSPRO said it won the account over Epicor,

Friday, June 14, 2013

Broadcom Debuts New Communications Processors

Irvine-based Broadcom debuted a new set of communications processors this week, aimed at use in hardware acceleration, virtualization, and deep packet inspection. BRoadcom said its new, multi-core communications processors, the XLP900 Series, is aimed at equipment manufacturers supporting high speed 4G LTE and LTE-Advanced services. Broadcom claimed the new communications processors are the world'

Friday, June 14, 2013



LATEST ORANGE COUNTY FUNDING
6/17/13Oculus VR
6/05/13Colorescience
5/29/13Numecent
5/15/13Airware
4/25/13DataLogix
4/23/13SRCH2
2/19/13Jeda Networks
2/15/13iPourIt
2/14/13uParts, Inc.
2/13/13Cylance

UPCOMING LOCAL EVENTS

June 19IrvineOpportunities in BigData
June 27IrvineSBIR/STTR Grant Development Series
June 29IrvineEmerging Trends in Sports Technology
July 17IrvinePMI-OC July 2013 New Member Orientation
July 20IrvinePMI-OC July 2013 Advanced Topic Seminar
July 31AnaheimNth Generation 13th Annual Symposium
October 1Garden Grove2013 Altair Technology Conference
October 22IrvineMedical Device & Investor Forum 2013

Full event calendar...