Q3 Venture Capital: LA leads, OC’s up, San Diego down
October 20, 2008
PricewaterhouseCoopers and the National Venture Capital Association (NVCA) released their quarterly MoneyTree data over the weekend, totaling up $751M in Southern California deals. Taking a closer look at the numbers, LA led the region with $385.65M in deals, but Orange County also had a strong showing with $186M in deals. San Diego slipped somewhat in the amount of capital invested during the quarter, to $178.4M. Interestingly enough, San Diego — which led Q2 investments — slipped significantly in deal amounts this quarter.
Top ten deals for Los Angeles:
- SolarReserve, $140M
- Mail.com, $32.4M
- Microfabrica, $22.6M
- SpaceX, $20.4M
- VivoMetrics, $19.9M
- Perfect Market, $15.6M
- NanoH2O, $15M
- MyShape, $12M
- Fonality, $12M
- Red Mango, $12M
In Orange County – land of the stealth deals this quarter — the top deals went to:
- Fisker Automotive, $65M
- Glaukos, $35M
- GluMetrics, $20M
- Aktino, $14.2M
- Aristos Logic, $13.4M
- Symwave, $10.1M
- Seventh Shield, $8.2M
- RF Nano, $8M
- NeoMend, $6.3M
- Ivantis, $4.5M
Finally, San Diego’s top deals:
- Sapphire Energy, $35M
- Peregrine Semiconductor, $30M
- PowerGenix, $30M
- Verimatrix, $21M
- FrameMax, $10.1M
- Sequoia Communications, $10M
- CoDa Therapeutics, $8M
- Access Scientific, $5.5M
- ISE Corporation, $5.5M
- AndroScience Corporation, $4M
