VENTURE CAPITAL POST

Tealium, a San Diego based firm, has received $20 million funding led by Silver Lake Waterman to be used for company expansion which has totaled the investments in $47.5 million.

Tucson, Arizona-based destination marketing solutions provider Simpleview bought Pittsburgh, Pennsylvania-based customer relationship management (CRM) solutions firm Software Management Inc (SMI) for an undisclosed sum to expand its client base.

San Diego, US-based facial expression recognition startup nabbed $6 million in a Series B funding round led by Seth Neiman and launched an app for Google Glass to track people's sentiments.

Los Angeles, US-based industrial real estate firm Rexford Industrial Realty Inc purchased the Ontario Airport Business Park in a deal valued at around $8.55 million through a 1031 Exchange.

San Diego, US-based software investor JMI Equity led a $38-million Series D venture capital round for the expansion and development of Utah-based work flow management software company AtTask.

California, US-based tech firm Tango launched a crowdfunding project on Indiegogo for its new portable computer, which is just the size of a smartphone and the capacity of a full quad-core Windows PC.

San Diego, US-based entrepreneur Ian Sells nabbed $50,000 on a Kickstarter campaign to fund the first batch of StrongVolt, a solar charger he created for smart devices.

Although there are worries about the shortfall of funding for the venture capital industry, venture capitalists are optimistic that this will continue to be a good year for firms looking to raise money, the U-T San Diego news site reported.

San Diego-based specialty pharmaceutical company Zogenix Inc planned to raise USD56 million by selling its common stock after suffering through losses and lack of capital.

Verizon Foundation teamed up with UC San Diego for the treatment of tuberculosis, while Cisco launched MR34 to aid the growing demand for infrastructure.