Tech Coast Review
The startup and tech news weblog for Southern California
Showing posts with label Santa Barbara. Show all posts
Showing posts with label Santa Barbara. Show all posts

Monday, December 24, 2007

A little holiday note for those in the Southern California startup and investing world, people are starting to recognize what you already know: the Tech Coast is Hot. The LA Times covered a story a couple weeks ago about the thriving tech scene in LA. They quoted some strong stats from E&Y:

  • Venture Capatilists invested $1.3 billion in Southern California tech companies in the first three quarters of this year, compared to $4.4 billion in the Bay Area over the same period.

Which in a lot of ways, shows that while Southern California does not yet rival The Valley, it is a highly emerging area that needs to be watched. Entrepeneur magazine picked up the story in their blog as well. In fact people often forget that, Entrepeneur, one of the biggest magazines in the country that tracks startup founders is located in Orange County (Irvine).

Another point of relevance is that recently covered that Dealmaker is expanding into LA. This is another good sign because it helps address, probably the biggest problem that the tech industry faces here: we are just not connected like the boys up in the valley. The more, we can get established tech companies mixing with startup entrepeneurs, mixing with new media, mixing with investors, the better. Feeding a more cohesive industry here will help produce more creative energy, better oppurtunities, and obviously stronger economic growth. Twiist-Up and Lunch 2.0 have been a good start in 2007 and hopefully the Dealmaker events will help as well.

It will be interesting to see if 2008 brings the Southern California web startup world more major success stories, beyond the ever lame Myspace.


Friday, November 16, 2007

TechCoastReview is a new weblog dedicated to tracking newly launched tech startups located in Southern California. In addition to new companies, we will profile existing southern California based companies that are sufficiently innovating in the areas of Internet and Technology.

Tech Coast Review is a response to the "Bubble 2.0" phenomena. A notion that the Internet and Technology Industry is in a rebirth of sorts; a gradual return to the highs and lows of the Internet bubble of the late 90's. New companies are forming everywhere, and many are touting the "power of web 2.0". While the definition of Web 2.0 continues to be fuzzy (Wikipedia entry on web 2.0), the excitement of leveraging, wikis, blogs, social networks, mashups, etc, through application frameworks like AJAX and Ruby on Rails, and open APIs such as Google, Yahoo, Flickr, et all. is palatable.

New companies are emerging at a rapid pace, and the venture capital and angel community have once again began bullishly investing in the online tech market. None of this, is "new" news to anyone who has been following the industry for the last 2 years or so. It is all well covered in the "valley".

But apart from Silicon Valley, areas such as Seattle, New York, and Southern California are hotbeds for innovation and investment. Despite the relatively small geographic distance between Socal and the Valley, cultural differences abound. In many ways the net result is that technology companies in Southern California tend to get underrepresented. Yet companies that have the potential to make a profound impact are emerging from areas like Santa Barbara, Ventura, Los Angeles, Orange County, and San Diego. This collective region, known as the "Tech Coast", has some of the greatest concentration of R&D efforts in the world, and its high time that someone was profiling it. So welcome to Tech Coast Review.

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