Instructables, Assistly, Airbnb: The 1-Minute Version of Last Week’s Bay Area BizTech News

8/2/11Follow @wroush

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—Second, Bruce reported on an Ernst & Young study finding that IPO activity returned to pre-recession levels in the second quarter of 2011.

—Finally, Bruce recounted his conversation with Sumeet Jain, a partner at San Francisco-based CMEA Capital, about the entrepreneurial scene in San Diego. Jain opined that there are lots of investable companies in San Diego, but the dearth of local venture firms and angel investors “curating” the local startup scene makes it harder for outside firms to screen potential San Diego deals.

—My Seattle colleague Curt Woodward talked with Facebook engineer Philip Su about what it took to get Skype video calling integrated into Facebook.

—In my Friday column, I shared some insight into how I decide what to write about at Xconomy, and why I have to say “no thanks” to a lot of story pitches.

—In healthcare IT news, San Mateo, CA-based Epocrates rolled out the first phase of its electronic health record system, and Y Combinator-backed drchrono announced that its iPad-based electronic health record system had won “meaningful use” certification, making practices using the system eligible for up to $44,000 in incentive payments.

—In deals news, Motif Investing raised $20 million, WhiteHat Security raised $8 million, Taulia raised $8.5 million, Nodeable raised $2 million, Strava raised $12.6 million, Azumio raised $2.5 million, Read It Later raised $2.5 million, Hearsay Social raised $18 million, BridgeLux raised $60 million, and Michigan-based Augment Ventures put an undisclosed sum into San Francisco-based Aperia.

—In acquisitions news, Oracle bought San Bruno, CA-based Inquira, a maker of call center management software.

—San Jose-based semiconductor research company Intermolecular said it hopes to raise $200 million in an initial public offering.

Wade Roush is a contributing editor at Xconomy. Follow @wroush

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