San Diego to Gain Access to New Crowdfunding, Venture Capital Source

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A new local firm, Bright Light Management, headed by a former Qualcomm Inc. executive, has opened in San Diego in partnership with Our Crowd, a firm looking to back Israeli and global startups.

Jon Medved, CEO of Our Crowd, the crowdsourcing partner with local firm Bright Light Management.

The San Diego Business Journal reports that Jeff Belk, formerly of Qualcomm, will lead the effort, and that Our Crowd has more than 4,000 investors worldwide, with more than 100 living in San Diego.

The venture will focus on advising new companies, according to the report.

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