May Dinner at Dos Coyotes

SacStarts dinners are informal get-togethers where the best and brightest technologists and entrepreneurs connect. Grab a seat and some food and meet other locals involved in Sacramento’s technology community.

Cost: Just pay for your own dinner and drinks.

Scott Hildebrand is moving to the Bay Area and this will be your last chance to have a SacStarts dinner with him as a Sacramento resident. He'll be back for more dinners so no need to panic. Read more about May Dinner at Dos Coyotes

Borders Live classes

Borders book stores are piloting a new project that has local stores offering free adult education classes on everything from parenting to dating to getting yourself a spot on a TV game show. The classes, which started this week, are taught by local professionals and are being held inside three local Borders stores.

The program includes several classes that might interest startups and those thinking of starting a business... Read more about Borders Live classes

American River Ventures adds CFO

American River Ventures has added F. Ray Nunez to their executive team as CFO. In addition to the typical duties of a CFO, Nunez will work with ARV's portfolio companies to help them create sound financial plans at the earliest stages.

Prior to joining ARV, Nunez served as Director of Finance law firm McDonough Holland & Allen PC. Prior to joining McDonough, he spent 16 years in various financial and management roles at HP. Read more about American River Ventures adds CFO

Velocity Venture raises $15 million fund

Folsom's Velocity Venture Capital has raised a second fund of $15 million to invest in early stage Sacramento-area companies. Velocity's current investments include Revionics, KeyEye Communications, and their latest investment, Freepath.

VentureBeat reports that this fund will be used to make regional investments ranging from $100,000 to $3.5 million. Read more about Velocity Venture raises $15 million fund

Engine Yard secures $3.5 million from Benchmark Capital

Sacramento born Engine Yard has raised $3.5 million in venture funding from Benchmark Capital. The company, now located in San Francisco, still has data centers and several employees in Sacramento.

Engine Yard didn't start out looking for funding. They are already profitable and didn't see their Rails hosting and support business as lucrative enough to get the large payouts venture companies often require. Read more about Engine Yard secures $3.5 million from Benchmark Capital

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