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Technology Funding Inc

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BUSINESS
November 24, 1985
Triconex Corp., a 2-year-old Irvine company that builds industrial control systems, said Friday it has raised more than $2.5 million from outside investors to complete its third round of venture capital funding. Institutions participating in the most recent placement included Boston University; Liberty Venture Capital in Boston; Julian, Cole & Stein in Los Angeles; Pacific Venture Partners in Menlo Park; Rainier Venture Capital in Mercer Island, Wash.
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BUSINESS
June 4, 1998
Technology Funding Inc., a Silicon Valley-based venture capital firm, said it received permission from the Securities and Exchange Commission to accept credit card payments for the sale of its newest fund. This marks the first time investors can buy shares of a fund with plastic. Although the fund, Technology Funding Venture Capital Fund VI, is a venture fund rather than a mutual fund, it is governed by many of the same rules. The SEC's approval is a one-time exemption.
BUSINESS
June 28, 1991 | CRISTINA LEE
Cytocare Inc., an Irvine medical equipment company, plans to spin off its newly formed Cardiac Science Inc. subsidiary, which develops devices to treat heart disease, according to a Security and Exchange Commission filing. Cardiac Science will develop defibrillator devices, which are worn by people with unnaturally fast heartbeats or used in cases of sudden cardiac seizure. The new company has 6.92 million shares outstanding. Of this, 4.7 million are being distributed to Cytocare shareholders.
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