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San Diego-based Nirvanix confirmed today that the firm has raised $5M in a new venture funding round. According to the firm, the new round came from original investors Intel Capital, Mission Ventures, Valhalla Partners, and Windward Ventures. The funding was first covered by socalTECH M last week . According to Nirvanix, the funding brings the company's total raised to over $23M. The firm said the funding would go towards expanding its enterprise service offerings.

A study of the venture capital deal flow in Southern California conducted by socalTECH shows that venture capital deals dropped for Q3, to around $720M in deals, in a market dominated by clean technology firms. The numbers, which were drawn from venture deals tracked and reported in socalTECH's proprietary venture capital database, found that there was $719.7M in venture capital deals in the third quarter, down dramatically from $1.2B invested in Q3 of 2007, and down slightly from venture numbers in Q2, when there was approximately $966M in venture deals. The

San Diego-based Internet radio firm Slacker has now raised its latest funding round to $12.1M, and appears to have expanded the target size of the round to $14.2M. The funding is part of a round kicked off in May by the company, which is venture backed by Austin Ventures, Centennial Ventures, Mission Ventures, Rho Ventures, and Sevin Rosen Funds. No new investors The details came according to a regulatory filing from the firm Monday. Slacker runs an online personalize, Internet radio service, tied to its own hardware device and smart

San Diego-based Slacker , the personalized Internet radio service backed by Austin Ventures, Centennial Ventures, Mission Ventures, Rho Ventures, and Sevin Rosen Funds, has raised $2.0M in a debt funding round, according to a regulatory filing by the firm today. Source of the funding was not disclosed. The filing indicates the firm has a target of $6.0M for the fundraising effort.

Torrance-based Active Storage a developer of RAID products for Apple computers, has raised a Series A funding round, the firm said Tuesday afternoon. said the funding was led by Intel Capital, and also included Mission Ventures and Valhalla Partners. Amount of the funding was not disclosed. The company--which was founded by former executives at Apple, Inc.--said The firm said its founders were responsible for Apple's Active STorage XRAID products.

I spotted my fellow VC Leo Spiegel (from Mission Ventures) who had spoken previously to the same group and asked about his experiences. My choices – talk about the VC industry and where it is heading (which is what the dean asked me to cover), talk about how to start companies (which is partly what Lada Rasochova , the director of the entrepreneurship program asked me to cover), talk about how to get into VC (which a few students asked me to cover) or give advice on what the Rady School’s venture fund should think about when investing (the event was a kick off for

San Diego-based Transaction Wireless announced this morning that it has raised $2.25M in a Series A funding. The funding came from Mission Ventures and Okapi Ventures. Transaction Wireless said the funding will go towards sales and marketing expansion, technology development, and customer deployment. According to the firm, it is developing mobile infrastructure for relationship marketing, including mobile POS and mobile gift cards. Leo Spiegel of Mission Ventures and Marc Averitt of Okapi Ventures have joined the firm's board as part of the funding.

La Jolla-based ProQuo , a venture-backed startup helping consumers manage and reduce junk mail, has quietly shut down, according to reports. ProQuo was venture backed by Mission Ventures and Draper Fisher Jurvetson, and had raised around $15M in funding. The shutdown was first noted by Xconomy . READ MORE>> ...Tags:

San Diego-based Nirvanix , a provider of Internet-based storage services, has raised $5M out of a $6M venture capital funding round, according to a regulatory filing. The filing, which was filed Friday, said that the funding came April 3rd. Details of the funding were not disclosed. Nirvanix is venture backed by European Founders Fund, Intel Capital, Mission Ventures, Valhalla Partners, and Windward Ventures. READ MORE>> ...Tags: