This morning, we published the results of an extensive study of the impact of venture capital companies on Southern California in terms of exit values, finding that exits from VC-backed firms between 1995 and 2009 generated an astounding $48 billion (billion with a capital B) in value. The study, which was conducted by Jon Funk of Ocean Road Partners (also  of Allegis Capital), used data from our own venture capital database, additional data from Dow Jones/VentureSource, as well as private data collected by Redpoint Venturs’ Greg Martin. The exits have been written about before (ie.,

from the LinkedIn group) Here's some 3rd party commentary on it: On May 7, 2009, more than 800 C-Level executives and financial investors will gather at 2000 Avenue of the Stars, in Century City, for the Fourth Annual MeatEaters Ball – an exclusive night of networking, charity, dancing, deal-making…and tasty southern barbecue. Confirmed event attendees represent such upper-echelon firms and companies as Google, Square 1 Bank, the Rubicon Project, Endgame Entertainment, SONY, Idealab, IBM, Skyline Music Publishing, and hundreds more, such as investors GRP Partners, Redpoint, Stone Canyon

According to the firm, the round was led by Focus Ventures and Adams Street Partners, with existing investors Redpoint Ventures and Sutter Hill Ventures also participating in the funding. As part of the announcement, WebVisible said it saw a 113 percent, year-over-year increase in its revenues for 2009. Irvine-based WebVisible officially announced this morning that it has raised $20M in a Series C funding round. WebVisible is headed by Kirsten Mangers.