The Scott Sanfilippo Interview Media Optimization Firms Are Red Hot In Southern California in 2009 Proliferate - Aggregate - Integrate Startups Uncensored #4 - “Finding and Working with Partners” SoCal VC’s absent from Forbes Midas List Top Five Best Uses of an Entrepreneur's Legal Dollars What Data Crunchers Did for Obama An Evaluation of Web Strategy in the Musical Instrument Business Keywords Layoffs Fund Venture Capital Events Technology Angel Mahalo Zag MySpace Geni

Networks in Motion is venture backed by Mission Ventures, Redpoint Ventures, and Sutter Hill Ventures, and provides local search software for such services as AAA Mobile on Sprint, Verizon Wireless and Alltel; Verizon Wireless' VZ Navigator; and YellowPages.com Mobile, among others. Irvine-based location-based services (LBS) firm Networks in Motion said this week that it has hired on a new Vice President of Engineering at the firm. Networks In Motion said that M.

Networks In Motion was venture backed by Redpoint Ventures, Mission Ventures, and Sutter Hill Ventures, and last announced a Series C funding of $10M in early 2006. Aliso Viejo-based Networks In Motion , a developer of location-based, wireless navigation software, has been acquired for $170M. According to TeleCommunications Systems, a developer of wireless text messaging and E9-1-1 technology, it is in a definitive merger agreement to acquire Networks In Motion in a combinatoin of cash, stock, and promissory notes.

Networks In Motion is venture backed by Mission Ventures, Redpoint Ventures, and Sutter Hill Ventures. Aliso Viejo-based Networks In Motion , which develops wireless navigation software, announced Tuesday that the firm has scored a new patent on its technology. The firm said the patent covers technology used to keep its online director of businesses and entertainment venues up to date.

OVP Venture Partners , a venture firm in Oregon and Washington, is highlighting its latest "missed deal" in Aliso Viejo-based Networks In Motion . NIM, which was acquired last week for $170M, had been backed by venture firms Redpoint Ventures, Mission Ventures, and Sutter Hill Ventures. Networks In Motion's CFO is Gregg Marston, who was also CFO of Foundstone and Intek Global; he also OVP is known for its list of "missed deals" in its portfolio, and recently added Networks In Motion to its missed deal for its 2001-era Fund 6. According to OVP's

The latest numbers from the MoneyTree Report from PricewaterhouseCoopers and the National Venture Capital Association (NVCA), based on data from Thomson Reuters, were released this morning, finding that there was $587.8M However, nationally, venture capital numbers were much worse, with venture investments dropping to the lowest level in more than a decade. invested in Southern California in Q4. Those numbers were up from both Q3, when $506.9M

The latest numbers from the MoneyTree Report from PricewaterhouseCoopers and the National Venture Capital Association (NVCA), based on data from Thomson Reuters, were released this morning, finding that there was $587.8M However, nationally, venture capital numbers were much worse, with venture investments dropping to the lowest level in more than a decade. invested in Southern California in Q4. Those numbers were up from both Q3, when $506.9M

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

The conference, held at the Westin South Coast Plaza in Costa Mesa, featured pitches by eight different companies vying for the attention--and pocketbooks--of venture capitalists. Magnify360 was voted the best investment opportunity by both venture capitalist audience members and panelists. The panelists included James Cham of Bessemer Venture Partners; Beau Laskey of Steamboat Ventures; Greg Martin Southern California's top startups showed up in force Friday at the Westin South Coast Plaza in Costa Mesa, for the Technology Council of Southern California's annual VentureNet conference. (socalTECH