Follow the Money.

                             Follow the Money
                    A ROUNDUP OF RECENT LOCAL FUNDINGS
Recipient
Address                                   Web            Amount
City/Zip                                Address       (in millions)
Argoquest                            argoquest.com         $40
11777 San Vicente Blvd., Suite 550
Los Angeles 90049
Photobit                              photobit.com        25.6
135 N. Los Robles Ave., 7th Floor
Pasadena 91101
Cyrano Sciences Inc.               cyranosciences.com      23
73 N. Vinedo Ave.
Pasadena 91107
Recipient
Address                            Type of Funding Closing
City/Zip                                Round       Date
Argoquest                              venture     Jan. 15
11777 San Vicente Blvd., Suite 550      first
Los Angeles 90049
Photobit                               venture     Feb. 20
135 N. Los Robles Ave., 7th Floor      fourth
Pasadena 91101
Cyrano Sciences Inc.                   venture     Dec. 31
73 N. Vinedo Ave.                     series E
Pasadena 91107
Recipient
Address                                 Anticipated Use
City/Zip
Argoquest                          new investments, staffing
11777 San Vicente Blvd., Suite 550
Los Angeles 90049
Photobit                              product development
135 N. Los Robles Ave., 7th Floor
Pasadena 91101
Cyrano Sciences Inc.               sales of current products
73 N. Vinedo Ave.                     and further product
Pasadena 91107                            development
Recipient
Address                                      Funding Source(s)
City/Zip
Argoquest                                 Broadcom, HSBC Holdings,
11777 San Vicente Blvd., Suite 550    Shamrock Holdings of California
Los Angeles 90049
Photobit                              Basler AG, Hitachi, Intel, Omron
135 N. Los Robles Ave., 7th Floor
Pasadena 91101
Cyrano Sciences Inc.               Rustic Canyon Group, Ridgestone Corp.,
73 N. Vinedo Ave.                  institutional and individual investors
Pasadena 91107                     through Sandoz Family Foundation, Oak
                                            Investment Partners
Recipient                                  Recipient's
Address                                        Core
City/Zip                                     Business
Argoquest                          provides early-stage funding
11777 San Vicente Blvd., Suite 550     to Israeli start-ups
Los Angeles 90049
Photobit                            supplier of complementary
135 N. Los Robles Ave., 7th Floor   metal-oxide semiconductor
Pasadena 91101                            image sensors
Cyrano Sciences Inc.               electronic nose and sensory
73 N. Vinedo Ave.                      information software
Pasadena 91107
Source: Business Journal Research