Venture deals.Venture capital investments in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. County jumped 35 percent in the fourth quarter to $254.9 million as investment funds plowed money into Internet companies, biotech firms and software manufacturers. Most of the investments were small--ranging from $5 million to $15 million--and were largely eclipsed by the $110 million capital infusion Capital infusion Often refers to the cross-subsidization of divisions within a firm. When one division is not doing well, it might benefit from an infusion of new funds from the more successful divisions. that went to online matchmaker Matchmaker - A language for specifying and automating the generation of multi-lingual interprocess communication interfaces. MIG is an implementation of a subset of Matchmaker. eHarmouy.com Inc., of Pasadena, according to the quarterly MoneyTree survey by PricewaterhouseCoopers, Thomson Venture Economics and the National Venture Capital Association. In the fourth quarter, 31 companies in Los Angeles received venture funding, up from 19 companies that got $189 million in financing a year ago. Most of the increase was attributed to a rise in late-stage investments as venture capital funds Venture Capital Funds An investment fund that manages money from investors seeking private equity stakes in small and medium-size enterprises with strong growth potential. Notes: increasingly find markets open to exit strategies, either by being bought out by a private equity firm or by going public. |
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