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Wednesday, August 16, 2017

MUMO Aims At Shared Music, Listening

Los Angeles-based MUMO, a new music listening startup headed by former Pandora co-founder Jon Kraft, said today that it is looking to make music a shared activity again through what it calls "Music Moments". The startup--which says it incor...

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Wednesday, August 16, 2017

CureMatch Gets Bridge Funding For Personalized Medicine Efforts

San Diego-based CureMatch, a startup focused on personalimzed medicine and combination therapy in the oncology market, says it has raised a bridge round to its Series A financing. Size of the funding was not announced. The funding came from...

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Wednesday, August 16, 2017

NuORDER Raises $8M In Series B Funding

Los Angeles-based NuORDER, a startup developing B2B, mobile e-commerce software, has raised $8M in a Series B funding, according to the company. The funding was led by Argentum, and also included Upfront Ventures, Greycroft Partners, Cowboy...

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Monday, August 14, 2017

Silversheet Gets $5M For Medical Credentials

Los Angeles-based Silversheet, a startup which is modernizing the process of medical credentialing, said on Monday that it has raised $5M in a Series A funding round. The funding was led by Summation Health Ventures. Silversheet, which was ...

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Monday, August 14, 2017

FilmTrack Finds $5.5M More

Studio City-based FilmTrack, which develops software used for rights management in the media and entertainment industry, has raised $5.5M in a Series C funding round. The funding came from Insight Venture Partners. FilmTrack says it has now...

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Monday, August 14, 2017

PartySlate Raises $3M For Event Showcase Site

Los Angeles-based PartySlate, a new startup which lets event planners showcase venues, parties, and events they have hosted, has raised $3M in a funding round. The funding came from Jump Investors, Wavemaker Partners, and Halogen Ventures. ...

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Monday, August 14, 2017

MabVax Therapeutics Raises $1.3M In PIPE

San Diego-based biotechnology developer MabVax Therapeutics, which is publicly traded on the Nasdaq as MBVX, said today that it has launched a registered direct offering which will provide the company of $1,312,500. The Series J Convertible...

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Thursday, August 10, 2017

Ocular Data Systems Raises Funding

Pasadena-based Ocular Data Systems, a startup that develops a high resolution camera which is used by law enforcement to document signs of drug and alcohol impairment and other issues with drivers, has raised a round of investment from the ...

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Thursday, August 10, 2017

Chef'd Finds $35M For Meal Kits

Los Angeles-based Chef'd, a service which provides personalized "meal kits" to shortcut the process of making meals for cooks, has raised $35.2M in funding, according to a regulatory filing from the company this week. The funding came from ...

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Wednesday, August 9, 2017

Pistol Lake Gets $600K For Menswear Line

Los Angeles-based Pistol Lake, a developer of a line of men's activewear, said on Wednesday that it has raised $600,000 in a funding round. The round was led by Slow Ventures, and also included Liquid 2 Ventures (Joe Montana), Neil Parikh (...

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Wednesday, August 9, 2017

Here Be Dragons Finds $10M For Virtual Reality Studio

Los Angeles-based virtual reality studio Hear Be Dragons has raised $10M in a Series A funding, the studio said today, just a week after its sister company, Within, announced its own funding. The funding was led by Discovery Communications...

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Wednesday, August 9, 2017

Disney's Entry Price To Streaming Services: $1.58 Billion

Burbank-based The Walt Disney Company made the first move to create its own streaming service on Tuesday, saying it will launch two different video streaming services--one focused on sports, under the ESPN brand, and another direct-to-consu...

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Wednesday, August 9, 2017

Funraise Gets $3M For Nonprofit Fundraising Software

Los Angeles-based Funraise, the developer of a software platform which helps nonprofits manage their fundraising efforts, has raised $3M in a seed funding round. The funding was lead by Toba Capital, the investment firm founded by Quest Sof...

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Tuesday, August 8, 2017

CerraCap Ventures, Backed By NBA's Kevin Durant, Aims At Early Stage Investments

Costa Mesa-based CerraCap Ventures, a new, early stage investment firm which looks to invest in cybersecurity, artificial intelligence, and digital health investments, said today that it has scored backing from NBA star Kevin Durant. Accord...

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Tuesday, August 8, 2017

TYT Network Raises $20M For Online News

Los Angeles-based TYT Network, the online news empire run by Cenk Uygur, said this morning that it has raised $20M in a round of funding, to expand the company's management, creative talent, subscription offerings, marketing, and content an...

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Monday, August 7, 2017

March Capital Partners Seeks $300M In Two New Funds

Santa Monica-based March Capital Partners, the local venture capital investment fund led by Jim Armstrong, Sumant Mandal, Gregory Milken and Jamie Montgomery, is looking to raise a total of $300M in two new funds, according to regulatory fi...

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Friday, August 4, 2017

Buy It Installed Gets Funding Round

Irvine-based Buy It Installed, which develops an automated system that automatically connects consumers with installers when they purchase products from online retailers, has raised a round of funding, the company disclosed this week. The f...

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Friday, August 4, 2017

rfXcel Gets $30M From Kayne Partners

San Ramon, California-based rfXcel, a developer of supply software used to track regulatory compliance and to battle counterfeit pharmaceuticals, has raised $30M in funding from Los Angeles-based Kayne Partners. The Series B funding will go...

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Thursday, August 3, 2017

Sugarfina Raises $35M In Private Equity Funding

Los Angeles-based upscale, luxury confections brand Sugarfina announced on Thursday morning that it has raised $35M in a growth equity funding, from private equity investor Great Hill Partners. According to Sugarfina, the new funding will g...

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Wednesday, August 2, 2017

TrackR Finds $50M More To Keep You From Losing Your Stuff

Santa Barbara-based TrackR, which develops devices which can be used to more easily track personal items, has raised $50M in a Series B funding, the company said this morning. The funding was led by Revolution Growth, and also included Foun...

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Wednesday, August 2, 2017

March Capital Leads $10M Investment In Branch Messenger

Santa Monica-based March Capital Partners, along with another local investor, Crosscut Ventures, have both made investments in a new Techstars company, Branch Messenger, Branch announced this morning. Minneapolis-based Branch Messenger, whi...

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Wednesday, August 2, 2017

Amplyx Pharmaceuticals Gets $67M

San Diego-based Amplyx Pharmaceuticals, which develops antifungal agents aimed at treating fungal infections, has raised $67M in a series C funding. The funding was led by Sofinnova Venture Partners, and also included Lundbeckfonden Venture...

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Tuesday, August 1, 2017

GC VR Gaming Tracker Fund Raises $15.6M For VR, AR, E-Sports Investments

It's been a record year for new venture funds in the Los Angeles area, and the growth in funds continued this morning, with the announcement of Los Angeles-based GC VR Gaming Tracker Fund LP, led by Greycroft Venture Partner Jon Goldman. Go...

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Monday, July 31, 2017

FanAI Picks Up $1.8M For eSports Monetization

Santa Monica-based FanAI, which is developing artificial intelligence software specifically aimed at e-sports monetization, said today that it has raised $1.8M in a Series Seed funding. The funding was led by Courtside Ventures, and also in...

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Friday, July 28, 2017

SpaceX Raises $350M More, Is Now Worth Around $21 Billion

Hawthorne-based SpaceX has just raised $350M more in new funding, according to regulatory filings, which reportedly values the company at around $21 billion. Details of the funding have not been announced by SpaceX. SpaceX has previously ra...

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Thursday, July 27, 2017

Within Gets $40M For Virtual, Augmented Reality

Los Angeles-based Within, a distributor of virtual reality and augmented reality films, said Wednesday that it has raised $40M in a Series B funding round. The funding was led by Temasek and Emerson Collective, and also included WPP, Macro ...

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Wednesday, July 26, 2017

FairClaims Finds $1.8M For Online Dispute Resolution

Los Angeles-based FairClaims has raised $1.8M in a funding round, to go towards the startup's online dispute resolution services. According to the company, the funding came from Fika Ventures, Crosslink Capital and Greycroft. The funding ca...

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Wednesday, July 26, 2017

TenOneTen Ventures Targets $50M In Second Venture Fund

TenOneTen Ventures, the Los Angeles venture capital firm founded by David Waxman and Gil Elbaz, is aiming to raise $50M in its second venture fund, according to a regulatory filing from the company filed this week. TenOneTen is an investor ...

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Wednesday, July 26, 2017

EvoNexus Rolls Out New Tech Incubator Class

San Diego-based nonprofit EvoNexus has launched a new class of companies to its startup incubator, the group said on Tuesday, for both its San Diego and Irvine locations. According to EvoNexus, it has added 16 new companies to its portfolio...

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Tuesday, July 25, 2017

Site1001 Finds $6M

San Clemente, California- and Kansas City, Missouri-based Site1001, a developer of software for facilities maintenance and management, has raised $6M in a Series A1 funding, according to the company. The company, which is led by Southern Ca...

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Tuesday, July 25, 2017

Emagispace Takes $4.2M

Los Angeles-based Emagispace, a developer of "green" building block technology, disclose today that it has raised $4.2M in a Series A funding. The funding was co-led by Circle Venturs and Alpha Edison, and also included Jeremy Zimmer (UTA),...

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Tuesday, July 25, 2017

Qualcomm Backs Digital Farming Startup Prospera

San Diego-based Qualcomm has backed Israeli digital farming startup Prospera, in a $15M funding round, Prospera said today. The round came via Qualcomm's venture capital arm Qualcomm Ventures. The funding also included Cisco Investments, IC...

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Tuesday, July 25, 2017

Rebound Therapeutics Finds $16.5M

Irvine-based Rebound Therapeutics announced today that it has raised $16.5M in a Series B funding, for the company's development of devices used for recovery from minimally invasive surgery. According to Rebound, the funding was led by HBM-...

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Monday, July 24, 2017

eFFECTOR Therapeutics Raises $38.6M

San Diego-based eFFECTOR Therapeutics, a developer of treatments for cancer, has raised $38.6M in a Series C funding round, the company announced this morning. The funding was led by Pfizer Venture Investments (PVI), and also included Alexa...

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Monday, July 24, 2017

Allegro Opthalmics Finds $10.7M In Funding

San Juan Capistrano-based Allegro Opthalmics, a developer of drug treaments for treating diabetic macular edema (DME) and vitreomacular traction (VMT), said today that it has raised $10.7M in an equity funding round. Source of the new fundi...

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Friday, July 21, 2017

Cinq Music Raises $20M In Series B

Los Angeles-based Cinq Music, a data-driven record label, distribution, and rights management company, has received $20M in a Series B funding, according to funding provider GoDigital Media Group. According to the two, Cinq Music will use t...

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Thursday, July 20, 2017

SkySafe Takes $11.5M More For Drone Defense Systems

San Diego-based SkySafe, a developer of anti-drone technology, said on Thursday that it has raised $11.5M in a Series A funding round. The round was led by Andreessen Horowitz. SkySafe said that Lars Dalgaard of Andreessen Horowitz joins th...

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Thursday, July 20, 2017

Aspyrian Therapeutics Raises $15.1M

San Diego-based Aspyrian Therapeutics, a biopharmaceuticals startup focused on precision-targeted cancer therapy, has raised $15.1M in a Series B-1 funding. The company said the funding came from private investors, including Hiroshi Mikitan...

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Thursday, July 20, 2017

Imprimis Pharmaceuticals Gets $16M In Debt Funding

San Diego-based Imprimis Pharmaceuticals, the publicly held, ophthalmology pharmaceuticals developer, said it has received $16M in a senior secured non-dilutive term loan agreement from SWK Funding LLC. The company said the new funding will...

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Wednesday, July 19, 2017

Qualcomm Backs IoT Technology Developer Particle

San Diego-based Qualcomm has backed Particle, the developer of hardware- and software- toolkits for helping connect their products into the world of the Internet-of-Things (IoT), as part of a $20M funding round today. Particle, based in San...

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Wednesday, July 19, 2017

Brain Corp Collects $114M Funding Round For AI Software

San Diego-based Brain Corp., a startup developing artificial intelligence software that powers self-driving robots, has raised $114M in a Series C funding round. The funding was led by SoftBank Vision Fund, and also included Qualcomm Ventur...

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Wednesday, July 19, 2017

Shift Gets $37M More To Ramp Online Used Auto Sales

Online used car marketplace Shift, which has two offices‌ in Southern California--its biggest market--has raised $37M more in funding, the company said today. The funding came from BMW iVentures, Draper Fisher Jurvetson, Highland Capi...

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Tuesday, July 18, 2017

Who's In Southern California's Unicorn Club?

The list of technology startups in Southern California who are "unicorns"--valued at more than $1 billion--surprisingly, might not be who you think, and in the sectors you might expect. A look at the companies who are private, backed by ven...

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Tuesday, July 18, 2017

ObEN Raises $5M From Tencent

Pasadena-based ObEN, the developer of artificial intelligence software led by Nikhil Jain, said this morning that it has raised $5M in a strategic funding round, led by Tencent Holding. According to ObEN, the funding also included Li Ruigan...

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Monday, July 17, 2017

Collectly Hunts Down $1.9M For Medical Debt Recovery Service

Walnut, California-based Collectly, a debt collection service which tracks down patients owing overdue medical bills, has raised $1.9M in a funding, the company said last week. The LA area company, led by CEO Levon Brutyan, said the funding...

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Monday, July 17, 2017

AdQuick Finds $1.1M In Seed Funding

Los Angeles-based startup AdQuick has raised $1.1M in a seed funding round, the company said over the weekend. The funding came from Initialized Capital, and also included VTF Capital and Haystack Ventures. AdQuick is led by Matthew O'Conoo...

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Thursday, July 13, 2017

Open Listings Finds $6.5M More

Los Angeles-based Open Listings, a startup which helps buyers of real estate find homes, and receive a 50% commission refund, has raised $6.5M more in a Series A funding, the company revealed on Thursday. The funding was led by Matrix Partn...

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Thursday, July 13, 2017

Saucey Scores $5.4M For Alcohol Delivery

Los Angeles-based on-demand, alcohol delivery startup Saucey said this morning that it has raised $5.4M in a Series A funding. The funding was led b Bullpen Capital, and also included Blumberg Capital, Structure Capital and HashtagOne. Acco...

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Wednesday, July 12, 2017

Ephesoft Snags $15M For Document Capture, Machine Learning Tools

Laguna Hills-based Ephesoft, a developer of document capture software, has raise $15M in a Series A funding, the company said this week. The funding came from Mercato Partners. Joe Kaiser of Mercato joins the company's board with the fundin...

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Wednesday, July 12, 2017

Hutch Raises $10M Funding From Zillow

West Hollywood-based Hutch, the home interior design app developer led by Beatrice Fischel-Bock, has raised a $10M round of funding from Zillow Group, the company said this morning. Hutch, lets users take a picture of room us‌ing its ...

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Wednesday, July 12, 2017

Arena Pharmaceuticals Looks To Raise $150M In Stock Offering

San Diego-based biopharmaceuticals developer Arena Pharmaceuticals said on Tuesday that it is looking to raise $150.0M in a public offering. The company, which is already publicly listed on the NASDAQ as ARNA, said that Citigroup, Leerink ...

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Monday, July 10, 2017

Josh.ai Finds $11M For Voice Activated Home Assistants

Jstar, the creators of Josh.ai, a voice activated home assistant, has raised $11M in funding, according to the company. The company has offices in Los Angeles, and is led by longtime LA serial entrepreneur Alex Capecelatro. Source of the fu...

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Monday, July 10, 2017

ChiroTouch Gets Private Equity Investment

San Diego-based ChiroTouch, a developer of electronic health records and practice management software for the chiropractic market, has raised a round of private equity funding. The funding came from Waud Capital Partners. Size of the fundin...

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Friday, July 7, 2017

Indi Molecular Raises $11.5M

Culver City-based Indi Molecular, a developer of protein catalyzed capture agent (PCC) biotechnology being aimed in research tools, diagnostic agents, and PET imaging, has raised $11.5M in a Series A funding. The funding was led by M Ventu...

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Thursday, July 6, 2017

PointPredictive Raises Series A For Fraud Fighting AI Software

San Diego-based machine learning startup PointPredictive announced on Thursday that it has closed a Series A funding round. The funding was led by Mosaik Partners. Size of the investment was not announced. PointPredicive is developing fraud...

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Thursday, July 6, 2017

Kangarootime Gets Seeded

Los Angeles-based Kangarootime, a startup developing cloud-based software for childcare centers, has raised a seed funding round, the company said this week. The funding came from Skyview Ventures LLC, Mucker Capital, and the Tech Coast Ang...

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Thursday, July 6, 2017

Miso Robotics Raises $3.1M For Burger Flipping Robot

Pasadena-based Miso Robotics, a developer of burger-flipping, artificial intelligence-driven robots aimed at the restaurant industry, has raised $3.1M in a funding round. The funding came from Newport Beach-based Acacia Research Corporation...

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Thursday, July 6, 2017

Axonics Ups Series C Funding By $20.5M

Irvine-based medical device maker Axonics Modulation Technologies has raised $20.5M more in its Series C funding, bringing the funding in the round to a total of $35M. According to Axonics, the second closing included Gilde Healthcare, and ...

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Wednesday, July 5, 2017

Kairos Venture Partners Raises $74.6M In New Fund

Beverly Hills-based Kairos Venture Partners, a venture capital investment firm that specifically focuses on commercialization of scientific discoveries, has raised $74.6M as part of an ongoing fundraising effort for its second fund, Kairos ...

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Wednesday, July 5, 2017

Sienna Biopharmaceuticals Files For IPO

Westlake Village-based Sienna Biopharmaceuticals, a startup biopharmaceuticals firm developing products for the medical dermatology and aesthetics market, has filed for an IPO. Sienna said it is hoping to raised up to $74.8M in an offering ...

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Monday, July 3, 2017

Palisades Venture Capital Mystery Solved

The true origins of funding in two, Los Angeles area companies in late June, Gamemine, and BlockFraud, has been solved by Dan Primack of Axios. According to Primack, Gamemine's $20M investment round was actually self funded by CEO Daniel St...

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Friday, June 30, 2017

Terran Orbital Gets Investment From Lockheed Martin

Irvine-based Terran Orbital, a developer of nanosatellite technology, has received a strategic funding round from Lockheed Martin, via Lockheed Martin Ventures. Financial details of the funding were not announced. Lockheed announced the inv...

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Friday, June 30, 2017

Vector Challenges SpaceX With $21M In Funding For Satellite Launch Systems

Vector, a developer of micro-satellite launch systems and rocket technology whose founders came from SpaceX, said on Thursday that it has raised $21‌M in a Series A funding. The funding was led by Sequoia Capital, and also included Sh...

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Friday, June 30, 2017

Headspace Lands $36.7M More

Los Angeles-based Headspace, which develops meditation applications for your smartphone or tablet, has raised $36.7M in funding, the company disclosed on Friday. The funding came from Spectrum Equity. The company has now raised $73.7M in to...

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Thursday, June 29, 2017

LA and Southern California's Surge In Venture Capital Funds

To the newly initiated, it might seem that Southern California is not particularly well known for its venture capital funds--however, for those insiders keeping track, Southern California is actually seeing an unprecedented upsurge in local...

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Thursday, June 29, 2017

Upfront Ventures Raises $400M In New Fund

Los Angeles-based venture capital investment firm Upfront Ventures has announced its latest fund, Upfront VI, to the tune of $400M, the company said on Thursday. According to Upfront, the new fund brings its total combined funds under manag...

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Wednesday, June 28, 2017

Toshiba Sues Western Digital Over Unfair Competition

Irvine-based Western Digital has just been sued by Toshiba Corporation, which is seeking $1 billion in damages for what it says is violation of the Unfair Competition Prevention Act. According to Sohiba, it filed a lawsuit in the Tokyo Dist...

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Wednesday, June 28, 2017

j2 Global Completes $650M Fundraising Effort

Los Angeles-based j2 Global says it has completed its previously announced, $650M offering of senior unsecured notes, in a private placement, which nets the company $636.4M after expenses. j2 Global is using the new funds to pay off an exis...

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Tuesday, June 27, 2017

UCLA Pulls Commitments From Binary Capital

UCLA, a limited partner in venture capital investment fund Binary Capital, has pulled its committment to the venture fund over the weekend, after Managing Director Justin Caldbeck was accused of unwanted advances towards women. UCLA had bee...

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Tuesday, June 27, 2017

Eloxx Pharmaceuticals Raises $6M

Rehovat, Israel-based Eloxx Pharmaceuticals, which is a wholly owned subsidiary of San Diego-based Sevion Therapeutics, said it ha raised $6M as part of a Series C funding round. The funding came from Korea Investment Partners (KIP) and DSC...

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Monday, June 26, 2017

RentTrack Gets Series A Funding

Santa Barbara-based RentTrack, a startup developing online rent payment and reporting software, said on Monday that it has raised a Series A funding round. Size of the funding was not disclosed. RentTrack said the funding was led by Yabeo. ...

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Monday, June 26, 2017

PetDesk Gets $2.1M For Pet Health Reminders

San Diego-based PetDesk, the developer of software that helps veterinary hospitals send out health reminders to pet owners, and also help pet owners better manage their pet's health, has raised $2.1M in a Series A funding. The funding came ...

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Friday, June 23, 2017

CloudBeds Gets $9M For Hospitality Management Software

San Diego-based CloudBeds, a developer of hospitality management software, has raised $9M in a Series B funding, the company disclosed this week. The funding was led by PeakSpan Capital, and also included Nashville Capital, Cultivation Capi...

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Wednesday, June 21, 2017

BlockFraud Finds $5M For Anti-Fraud Software

Santa Monica-based BlockFraud, a developer of machine learning and artificial intelligence software used for detecting mobile fraud, has reportedly raised $5M in a Series A funding, the company disclosed on Wednesday. The company said the f...

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Wednesday, June 21, 2017

FloQast Adds $25M In Series B Funding

Los Angeles-based accounting software developer FloQast has raised $25M in a Series B funding round, the company announced today, bringing its total raised to $33M. The new funding was led by Insight Venture Partners, and also included Toba...

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Wednesday, June 21, 2017

SerImmune Scores $8M For Antibody Mapping

Santa Barbara-based SeriImmune, a developer of immune mapping technology, has raised $8M in a funding round to map out the human immune systems, according to the company. The funding was led by Illumina Ventures, and also included Merck and...

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Wednesday, June 21, 2017

Amionx Gets Funding From Qualcomm

Carlsbad-based Amionx, a developer of technology which is aimed at making lithium-ion batteries safer, has raised a strategic round of funding from San Diego-based Qualcomm, according to the two companies on Tuesday. Size of the investment ...

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Wednesday, June 21, 2017

Amionx Gets Funding From Qualcomm

Carlsbad-based Amionx, a developer of technology which is aimed at making lithium-ion batteries safer, has raised a strategic round of funding from San Diego-based Qualcomm, according to the two companies on Tuesday. Size of the investment ...

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Wednesday, June 21, 2017

Amionx Gets Funding From Qualcomm

Carlsbad-based Amionx, a developer of technology which is aimed at making lithium-ion batteries safer, has raised a strategic round of funding from San Diego-based Qualcomm, according to the two companies on Tuesday. Size of the investment ...

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Wednesday, June 21, 2017

Amionx Gets Funding From Qualcomm

Carlsbad-based Amionx, a developer of technology which is aimed at making lithium-ion batteries safer, has raised a strategic round of funding from San Diego-based Qualcomm, according to the two companies on Tuesday. Size of the investment ...

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Tuesday, June 20, 2017

KEYPR Raises $12.8M For Hospitality Management

Los Angeles-based KEYPR announced Tuesday morning that it has raised $12.8M in its Series A1 financing round, which was led by Karlani Capital, and also included Simon Turner (former Starwood Hotels & Resorts President of Global Development...

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Tuesday, June 20, 2017

Immortals Gets Strategic Investment From AEG

Los Angeles-based esports team, Immortals has received an investment from AEG, which said that the Immortals will host its home events at L.A. LIVE. The size of the strategic investment was not announced. According to AEG, the investment wi...

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Tuesday, June 20, 2017

FinalPrice Raises $4M For Membership Driven Travel App

Hermosa Beach-based FinalPrice has raised $4M in funding for a new travel startup, which offers up membership-based travel booking for flights, hotels, and car rentals. The funding came from Sistema VC and Almaz Capital. As part of the fund...

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Thursday, June 15, 2017

Scopely Gets $60M For Expansion, Acquisitions

Los Angeles-based mobile gaming developer Scopely has raised $60M in a new funding, the company announced on Thursday, in a round led by Revolution Growth. The round also included Greenspring Associates, Sands Capital Ventures, Cross Creek ...

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Thursday, June 15, 2017

Trace3 Gets Strategic Investment

Irvine-based Trace3, an IT solutions provider which focuses on medium- and large- enterprise clients, has scored a strategic investment from H.I.G Capital, H.I.G. said on Thursday morning. Size of the investment round was not announced. Tra...

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Wednesday, June 14, 2017

SURE Scores $8M For Personal Insurance App

Los Angeles- and New York-based SURE, which offers up personal insurance, on-demand, via a mobile app, has raised $8M in a funding round. The Series A funding was led by IA Capital, and also included Menlo Ventures, FF Venture Capital, Nati...

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Tuesday, June 13, 2017

See Jane Go Snags $2.47M To Expand In SoCal

Laguna Hills-based See Jane Go, a startup which operates a ridesharing service driven by, and which serves just women, has raised $2.47M in an angel funding, the company said Tuesday. Name of the investors in the company were not announced....

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Tuesday, June 13, 2017

Yumi Raises $4.1M For Subscription Baby Food Service

Los Angeles-based Yumi, a subscription, organic baby food startup, announced on Tuesday that it has raised $4.1M in a seed funding round. The funding came from August Capital, Brand Foundry, New Enterprise Associates (NEA), plus angels Hugo...

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Tuesday, June 13, 2017

Techstars Music Grad Hurdl Raises $2.5M

Hurdl, a startup which just graduated from LA's Techstars Music Accelerator, said this morning that it has raised $2.5M in a funding round. The funding came from angel investors, including athletes and executives from the sports and media w...

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Tuesday, June 13, 2017

ScriptDash Raises $23M To Expand Online Pharmacy To LA

San Francisco-based ScriptDash Pharmacy, which operates an online, prescription pharmacy service, said on Monday that it has raised $23M in a funding round, and expanded to Los Angeles, and also rebranded itself to Alto Pharmacy. Los Angele...

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Monday, June 12, 2017

WaveMaker Partners Closing New $50M Fund, With Southeast Asia Focus

Los Angeles- and Singapore-based WaveMaker Partners, the venture capital firm managed here in LA by Eric Manlunas and David Siemer, with Paul Santos in Sinagpore, said over the weekend that it is finalizing its new, $50M fund. The new fund ...

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Monday, June 12, 2017

Vertos Medical Finds $28M More

Aliso Viejo-based Vertos Medical, which develops minimally invasive treatments for lumbar spinal stenosis (LSS), has raised $28M more in a funding round, the company said on Monday morning. The new funding was led by MVM Life Science Partne...

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Friday, June 9, 2017

GNARBOX Gets $8.5M For Ultra Portable Digital Editing Device

Santa Monica-based GNARBOX, the developer of a portable device which connects to both your smartphone and your GoPro, DSLR, or other camera to enable on-the-spot editing, backing, and sharing, has raised $8.5M in a funding round, according ...

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Thursday, June 8, 2017

StartEngine Chalks Up 25 Companies Raising Funding Since Start Of 2017

Los Angeles-based StartEngine, the equity crowdfunding service run by serial entrepeneur Howard Marks, has chalked up 25 companies raising money on its platform since the start of 2017, according to the company. According to Marks, StartEng...

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Thursday, June 8, 2017

Obsidian Security Gets $9.5M

Newport Beach-based Obsidian Security, a new startup led by a group of cybersecurity veterans from Cylance, Carbon Blank, and the NSA, has raised $9.5M in a Series A funding, the company announced Thursday morning. The funding was led by Gr...

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Wednesday, June 7, 2017

Surf Air Acquires Rise, Backed By New Funding

Los Angeles-based membership-based airline Surf Air said Wednesday morning that it has acquired RISE, a Texas-based membership airline. Financial terms of the acquisition were not announced by the companies. Surf Air said the expansion woul...

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Wednesday, June 7, 2017

Stem Snags $8M For Creative Payments Platform

Los Angeles-based Stem, which is developing a platform to simplify payments for musicians and other content creators, announced Wednesday morning that it has raised $8M in a Series A funding. The funding was co-led by Evolution Media and A...

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Wednesday, June 7, 2017

Stem Snags $8M For Creative Payments Platform

Los Angeles-based Stem, which is developing a platform to simplify payments for musicians and other content creators, announced Wednesday morning that it has raised $8M in a Series A funding. The funding was co-led by Evolution Media and A...

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Tuesday, June 6, 2017

Abreos Biosciences Raises New Funding

San Diego-based Abreos Biosciences, a developer of biotechnology used for precision dosing of biological therapeutics, has raised a new round of funding, the company announced on Tuesday morning. Size of the funding was not announced. Abreo...

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Tuesday, June 6, 2017

Open Listings Raises $5M For Real Estate Marketplace

Los Angeles-based OpenListings, a startup which offers up a real estate marketplace which lets people make offers on homes without a traditional real estate agent, has raised $5M in a funding round, according to a regulatory filing by the f...

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Monday, June 5, 2017

Comhear Collects $12M

San Diego-based Comhear, a developer of immersive, 3D audio software, announced on Monday that it has raised $12M in a Series A funding. The source of the funding was not announced, however, the company said that Gerry Chastelet, former Ch...

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Thursday, June 1, 2017

March Capital Partners Backs SpyCloud

Los Angeles-based venture investor March Capital Partners is one of the investors in SpyCloud, a new startup in the cybersecurity market, focused on protecting businesses from data breaches. SpyCloud said this morning that it has raised $2....

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Thursday, June 1, 2017

Zenlayer Gets $10M For Software Defined Networking

Diamond Bar-based Zenlayer, a provider of software defined network and services, announced on Wednesday that it has raised $10M in a Series A funding round. The funding was led by F&G Venture, and also included NSFOCUS and other investors. ...

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Thursday, June 1, 2017

Zenlayer Gets $10M For Software Defined Networking

Diamond Bar-based Zenlayer, a provider of software defined network and services, announced on Wednesday that it has raised $10M in a Series A funding round. The funding was led by F&G Venture, and also included NSFOCUS and other investors. ...

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Wednesday, May 31, 2017

Applied Data Finance Ups Credit Facility To $75M

San Diego- and New York-based Applied Data Finance said this morning, that it has increased an existing credit facility for the company from $50M to $75M. The credit facility comes from Victory Park Capital (VPC). Applied Data Finance is a ...

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Wednesday, May 31, 2017

Gamevice Grabs $12.5M To Turn Your iPhone Into A Game Console

Los Angeles-based Gamevice, a developer of hardware devices which attach to your existing smartphone which turns them into a gaming console, has raised $12.5M in a Series A funding round, the company said Wednesday morning. The funding was ...

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Tuesday, May 30, 2017

GameMine Gets $20M

Los Angeles-based GameMine, a developer of casual, mobile games, disclosed Tuesday morning that it has raised $20M in a Series A funding round. The funding was led by Palisades Venture Capital. GameMine, led by CEO Daniel Starr, offers up ...

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Friday, May 26, 2017

The Rogue Initiative Raises Series A Funding

Hollywood-based The Rogue Initiative, a new virtual reality content and production studio, said it has raised a Series A funding round. The company did not say how much was raised, only that it was a "seven figure" amount. The funding came ...

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Thursday, May 25, 2017

Vinny Smith's Toba Capital Gets Exit At Codenvy

Toba Capital, the venture capital investment firm founded by Quest Software's Vinny Smith, has scored another exit, this time at San Francisco-based cloud applications tool developer Codenvy. Red Hat said this morning that it has acquired C...

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Thursday, May 25, 2017

Chef'D Gets $10M From Campbell's Soup For Meal Kits

El Segundo-based Chef'D, which provides over 500 different meal kits for delivery to consumers, without a subscription, has raised $10M in a Series B funding, the company disclosed this week. The funding came from m Campbell's Soup Co. and ...

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Thursday, May 25, 2017

Faraday Future Seeking $1 Billion

Los Angeles-based electric vehicle maker Faraday Future is looking to raise $1 billion in new capital, as its main backer--billionaire Jia Yueting--apparently has run out of capital to invest in the company, according to a report from Bloom...

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Wednesday, May 24, 2017

Resolve Systems Acquired By Insight Venture Partners

Irvine-based Resolve Systems, which develops enterprise incident response and automation software for the cybersecurity, IT, and network operations markets, has been acquired by Insight Venture Partners. Financial details of the buy were no...

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Tuesday, May 23, 2017

HubHaus $1.4M To Match Professionals With Shared Housing In LA

HubHaus, a startup which operates an online marketplace which lets people find shared housing with people with similar professional and other interests, has raised $1.4M in a seed funding round, the company disclosed this week. The company ...

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Tuesday, May 23, 2017

HIPPEAS Picks Up Funding Round From Leonardo DiCaprio, Others

Los Angeles-based natural snack food company HIPPEAS, which makes organic snack food made out of chickpeas, has raised a round of equity funding, the company announced on Tuesday. The funding came from Strand Equity Partners and Leonardo Di...

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Tuesday, May 23, 2017

Embrace.io Raises $2.5M For Mobile Performance Feedback

Los Angeles-based Embrace.io, which is developing software to help provide performance feedback for mobile apps, is announcing this morning that it has raised $2.5M in a seed funding round. The funding was led by Eniac Ventures, and also in...

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Tuesday, May 23, 2017

Carpe Data Finds $6.6M

Santa Barbara-based Carpe Data, a new startup developing predictive data software for the insurance industry, has raised $6.6M in a Series A funding round. The funding was led by Aquiline Technology Growth (ATG). Carpe Data is led by Max Dr...

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Tuesday, May 23, 2017

TP Therapeutics Raises $45M

San Diego-based biopharmaceuticals firm TP Therapeutics announced this morning that it has raised $45M in a Series C funding round. Lilly Asia Ventures (LAV), OrbiMed Advisors, LLC, and S.R. One, Limited co-led the round, and also included ...

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Monday, May 22, 2017

MabVax Therapeutics Raises $4.1M In PIPE

San Diego-based MabVax Therapeutics has raised $4.1M in a Series G funding round, the company announced this morning, in a public offering of common stock and Series G Preferred stock. The company said that OPKO Health and its CEO and Chair...

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Friday, May 19, 2017

Guesty Gets $3M

Walnut, California-based Guesty, which develops software for professional property managers, says it has raised $3M in a Series A funding. According to Guesty, the round was led by Buran Venture Capital, and also included Magma Venture Part...

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Thursday, May 18, 2017

Social Native Raises $8M

Los Angeles-based Social Native, an online marketplace which connects brands with content creators creating social media content, has raised $8M in a funding round, the company disclosed today. The funding came from SoftBank Capital, along ...

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Wednesday, May 17, 2017

Cue Collects $15.5M In Funding Round

San Diego-based Cue, a developer of health tracking devices that provide DNA and RNA analysis of infectious and other disease, has raised $15.5M in a funding round, according to a regulatory filing from the firm. The funding included Sherpa...

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Wednesday, May 17, 2017

TealTech Capital Gets $60M For Medtech Fund, Makes First Investment

San Diego-based TealTech Capital, a new, $60M venture investment fund backed by Torrey Pines Investment, has launched its new investment fund, and made its first investment. Torrey Pines Investment said on Tuesday that the new fund will foc...

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Wednesday, May 17, 2017

CrowdStrike Raises $100M, Joins Unicorn Club

Irvine-based cybersecuriy sofware developer CrowdStrike has raised $100M in aa Series D funding, the company said this morning, which values the company a more than $1 billion. The new funding was led by Accel, and also included CapitalG (f...

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Tuesday, May 16, 2017

Lensabl Lands Funding From Amplify, Others

Los Angeles-based Lensabl, a startup which lets online users order up replacement lenses for their prescription glasses, has raised a new round of funding, the company announced today. The size of the funding was not announced. The new fund...

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Tuesday, May 16, 2017

Forge Therapeutics Names Board

San Diego-based antibiotics developer Forge Therapeutics announced oday that it has named its board of directors, adding Mario Polywka (COO of Evotec AG), John Schmid, (former CFO of Trius and Auspex Pharmaceuticals), Stephen Worland (Pres...

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Monday, May 15, 2017

Truepic Finds $1.75M

San Diego-based Truepic, a company developing mobile apps which help to certify that images--such as those for real estate, car rentals, home rentals, and online dating--have not been modified or altered before uploading, has raised $1.75M ...

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Monday, May 15, 2017

Scientist.com Gets $24M

San Diego-based Scientist.com, a startup which operates a marketplace for outsourced research, has raised $24M in a funding round, the company announced Monday morning. The funding came from Leerink Transformation Partners (LTP) and 5AM Ve...

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Monday, May 15, 2017

Western Digital Requests Arbitration With Toshiba Over JV

Western Digital said on Sunday that its several of its SanDisk subsidiaries have requested arbitration with the ICC International Court of Arbitration related to three NAND flash-memory joint ventures it operates with Toshiba Corporation....

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Thursday, May 11, 2017

Tech Coast Angels: Best Q1 Ever For Deals, Dollars

Irvine-based angel investment group Tech Coast Angels said this morning that it has had it's best Q1 ever, both in terms of dollars and total deals. According to the TCA, it invested $3.8M in total across 17 deals, for the quarter ending Ma...

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Thursday, May 11, 2017

Miva Gets Growth Capital Injection

San Diego-based Miva, the developer of e-commerce shopping cart software, has received a growth capital funding from private equity investor Bison Capital Partners, the companies said this week. Size of the minority investment was not annou...

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Thursday, May 11, 2017

Kingston Backs PCI-Express Data Center Technology Startup

Fountain Valley-based Kingston Technology is one of the backers of a company developing adaptable, datacenter computing technology based on PCI-express fabrics. Liqid said Wednesday that it has raised $10M in a Series A funding, in a round ...

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Thursday, May 11, 2017

AppOnboard Gets $4M For App Demos

Los Angeles-based AppOnboard, a startup led by AdColony founding CEO Jonathan Zweig, announced Wednesday that it has raised $4M in a funding round. The round came from Troy Capital Partners, London Venture Partners, Ophir CG, Abstract VC, 5...

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Wednesday, May 10, 2017

Perspectium Raises $8M

San Diego-based Perspectium Corporation, a developer of enterprise integration, replication and monitoring as a service tools for ServiceNow, has raised $8M in a Series A funding, according to the company. The funding was led by TVC Capital...

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Tuesday, May 9, 2017

Upfront, Rincon Back Qordoba

Two, Los Angeles-based venture capital investors have backed a developer of machine learning software, Qordoba, in its first investment funding round. Qordoba said the $5M funding came from Upfront Ventures and Rincon Venture Partners, with...

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Tuesday, May 9, 2017

Miramar Venture Partners Backs eRelevance

Corona del Mar-based Miramar Venture Partners is one of the backers in marketing automation software developer eRelevance, in a $5.1M funding round. eRelevance, which is based in Austin, Texas, said the round was led by Rally Ventures and a...

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Tuesday, May 9, 2017

Dell Technologies Capital Now A Backer Of Cylance

Dell Technologies Capital, a new venture investment fund announced at Dell EMC World on Monday, says it is an investor in Irvine-based Cylance, according to the fund's new website. Dell Technologies Capital--which will conduct venture inves...

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Tuesday, May 9, 2017

Signal Sciences Secures $15M

Venice, California-based Signal Sciences announced this morning that it has raised $15M in a Series B funding round and launched its web protection platform. The funding was led by CRV. Signal Sciences says it has launched the Signal Scienc...

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Monday, May 8, 2017

Alphaeon Finds New Funding For Aesthetic Medicine Efforts

Irvine-based ALPHAEON Corporation, a developer of products aimed at the aesthetic medicine market, has raised a private funding, via a convertible note financing. Size of the funding was not announced. the company said the funding was led b...

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Monday, May 8, 2017

Revolution Prep Raises $4M In Funding

Santa Monica-based Revolution Prep, a provider of online tutoring and test prep services, announced on Monday morning that it has raised $4M in funding. The funding was led by Kennet Partners, an existing investor in the company, plus angel...

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Monday, May 8, 2017

Aadi Bioscience Raises $23M

Pacific Palisades-based Aadi Bioscience, a biopharmaceuticals firm focused on diseases related to mTOR activation, said it has raised $23M in a Series A funding round. The round was led by Hermed Capital and also included Celgene Corporatio...

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Monday, May 8, 2017

Falcon Computing Finds $8M For Big Data Acceleration

Falcon Computing Solutions, a developer of software specifically aimed at accelerating big-data applications with hardware--including both GPUs and FPGAs--has raised $8M in a funding round. The company, which has offices in Los Angeles but ...

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Friday, May 5, 2017

Club Pilates Gets Private Equity Investment

Los Angeles-based Club Pilates, a franchisor of Pilates studios, has received a private equity investment from TPG Growth Partners, the two said on Thursday. Size of the funding round was not announced. Club Pilates is run by Anthony Geisle...

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Thursday, May 4, 2017

Soylent Stocks Up With $50M More In Funding

Los Angeles-based food alternative developer Soylent announced this morning that it has raised $50M in a Series B funding round, led by GV (formerly Google Ventures) and also including Tao Capital Partners, Lerer Hippeau Ventures and Andree...

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Thursday, May 4, 2017

Radiology Partners Gets $200M In Venture Round

El Segundo-based Radiology Partners, which offers up on-site, radiology services to hospitals and outpatient centers, has raised $200M in a growth equity funding round. The funding came from New Enterprise Associates, along with Future Fund...

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Wednesday, May 3, 2017

Fifth Wall Ventures Launches New $212M Real Estate Tech Investment Fund

Venice, California-based Fifth Wall Ventures, a brand new venture capital firm focused on investing in real estate technology, announced this week that it has raised a new, $212M venture capital fund. The limited partners in the new fund in...

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Tuesday, May 2, 2017

Visionary Venture Fund Raises Funding For Opthalmic Investment Fund

Aliso Viejo-based Visionary Venture Fund, a new venture capital firm specifically focused on only investing in ophthalmology companies, has closed its first round of funding for a targeted $30M venture fund, the company announced on Tuesday...

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Tuesday, May 2, 2017

March Capital Backs Video Game Developer Wavedash Games

Los Angeles-based venture investor March Capital Partners is the lead investor in video game developer Wavedash Games, which announced a $6M Series A funding round on Tuesday morning. The funding round also included Lowercase Capital, Advan...

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Tuesday, May 2, 2017

Axonics Raises $14.5M

Irvine-based Axonics, a developer of medical devices to treat urinary and fecal dysfunction, has raised $14.5M in a Series C funding round, the company announced this morning. The company said the funding is the first close of a targeted $3...

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Monday, May 1, 2017

Tech Coast Angels, Pasadena Angels Among Top Angel Groups In New Report

A new report, released by the Angel Resource Institute in the last week, has spotlighted the Tech Coast Angels and the Pasadena Angels as among the top four angel groups in California, and the Tech Coast Angeles as number two in the nation ...

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Friday, April 28, 2017

Work Today Finds $1.1M For Labor Marketplace

Santa Monica-based Work Today, a startup that has launched an online, labor marketplace targeted at blue collar workers, has raised $1.1M in a seed funding round, the company is announcing this morning. The funding came from Mucker Capital,...

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Friday, April 28, 2017

Epic Sciences Raises $40M In Series D Funding

San Diego-based Epic Sciences has raised $40M in a Series D funding, for its cancer testing technology, the company announced Friday morning. According to Epic Sciences, the funding was led by Hermed Capital, and also included Altos Capital...

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Thursday, April 27, 2017

ChromaCode Finds $12M For Molecular Diagnostics Efforts

Carlsbad-based ChromaCode, a developer of molecular diagnostics technology, announced on Thursday that it has raised $12M in a Series B funding round. The funding was led by New Enterprise Associates (NEA), and also included Domain Associat...

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Wednesday, April 26, 2017

Sense360 Scores $7M

Los Angeles-based Sense360, a developer of analytics software and mobile sensor technology for helping restaurants undersetand how consumers are interacting with their locations, has raised $7M in a Series A funding. The funding was led by ...

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Wednesday, April 26, 2017

Dave Gets $3M To Help You Avoid Bank Overdrafts

Los Angeles-based Dave, a developer of artificial intelligence for preventing bank overdraft fees, said this morning that it has raised $3M in a seed funding round. The funding came from Mark Cuban, SV Angel, The Chernin Group, along with J...

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Wednesday, April 26, 2017

AltheaDx Finds $27M In New Funding

San Diego-based AltheaDx, which is developing molecular diagnostics technology for the personalized medicine market, has raised $27M in its Series D funding round. Source of the new funding was not announced by the company. AltheaDx said th...

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Tuesday, April 25, 2017

Forge Therapeutics Gets $15M

San Diego-based Forge Therapeutics, a biotechnology startup developing antibiotics, said on Tuesday that it has raised $15M in a Series A funding. The funding was led by MagnaSci Ventures, along with Evotec AG, Alexandria Venture Investment...

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Tuesday, April 25, 2017

Sienna Biopharmaceuticals Gets $40M In Series B

Westlake Village-based Sienna Biopharmaceuticals, which is developing medical dermatology and aesthetics treatments, has raised $40M in a Series B funding. The funding was led by ARCH Venture Partners and Venvest Capital, and also included ...

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Tuesday, April 25, 2017

Science 37 Gets $29M To Extend Clinical Trials To Patient Homes

Playa Vista-based Science 37, which is developing technology and a model that allows pharmaceuticals companies and others to conduct clinical trials in patients' homes--rather than dedicated, off-site facilities--has raised $29M in a Series...

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Thursday, April 20, 2017

ESRI's Dangermond Backs GIS Data Startup SafeGraph

Jack Dangermond, the founder of Redlands-based Esri, is one of the angels which has backed San Francisco-based geospatial intelligence data company SafeGraph. SafeGraph, which says it is collectiong geospatial intelligence data for use in m...

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Wednesday, April 19, 2017

AmplifyLA: Dramatic Drop In Seed Funding In LA In Q1

Venice, California-based startup accelerator Amplify.LA reports that seed funding in Q1 of 2017 dropped precipitously, falling 42.2 percent from Q4 of 2016, and 43.8 percent, Year-over-Year. According to AmplifyLA, the number of seed deals ...

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Wednesday, April 19, 2017

Forbes' Midas List Skips SoCal VCs, Again, But Gives Nod To Snap

The annual Midas List, issued by Forbes ranking the top venture capitalists, has again skipped any ranking of a Southern California venture capital firm--but credits the huge success of LA's Snap for the high rankings of eight VCs. Forbes s...

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Wednesday, April 19, 2017

Bonti Gets $11.7M For Aesthetic Medicine Efforts

Newport Beach-based Bonti, a biotechnology company which is developing a botulinum neurotoxin aimed at the aesthetic medicine market, has raised $11.7M in a Series B financing round. Bonti said the Series B funding was led by RBV Capital, a...

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Thursday, April 13, 2017

Music Audience Exchange Looks To Grow Engineering In LA After Funding

Music Audience Exchange, a startup which develops a marketing platform aimed at the music industry, says it is planning on expanding its engineering team in Los Angeles, after a $6M funding round last month. The company announced $6M in fun...

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Wednesday, April 12, 2017

MoneyTree: $1.1 Billion In VC Invested In SoCal In Q1

Over $1.1 billion in venture capital dollars were invested in the Southern California region in Q1, according to the latest MoneyTree Report, issued by PricewaterhouseCoopers LLP and CB Insights. The report tallied up $926.4M invested acr...

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Wednesday, April 12, 2017

Chris Hollod On Investing With Ashton Kutcher, Guy Oseary, and Ron Burkle

Many investors, and many startups have heard of A-Grade Investments—the investment firm created by Ashton Kutcher, Guy Oseary, and Ron Burkle—and the many investments it has made, in such huge, breakout companies as Uber, Airbnb, Spotify...

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Tuesday, April 11, 2017

MFour Mobile Research Raises $5M

Irvine-based MFour Mobile Research, a developer of mobile survey and research software, announced today that it has raised $5M in a new funding round. The funding came from Kayne NewRoad Ventures Fund. According to the company, the funding ...

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Tuesday, April 11, 2017

Virtualitics Finds $4.4M For VR, AR Tools

Pasadena-based Virtualitics, a developer of analytics software aimed at the virtual reality and augmented reality application market, has raised $4.4M in a Series A funding led by The Venture Reality Fund, the company said today. The compan...

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Tuesday, April 11, 2017

Western Digital Leads $33M Investment In Tegile Systems

Irvine-based Western Digital is the lead investor in a $33M funding round for flash storage array developer Tegile Systems this morning. Tegile says its big funding round was led by Western Digital Corp., and also included current investors...

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Monday, April 10, 2017

Wavemaker Partners Backs Saleswhale For Automated Sales Leads

Santa Monica- and Singapore-based Wavemaker Partners is one of the investors in Saleswhale, a Singapore startup developing artificial intelligence software for managing sales leads and sales conversations. Saleswhale said it raised $1.2M in...

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Monday, April 10, 2017

Neural Analytics Gets $10M In Funding

Los Angeles-based Neural Analytics, a startup which is developing medical devices used to measure, diagnose, and track brain health, has raised $10M in a funding round, the company said this morning. The funding was led by Reimagined Ventur...

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Friday, April 7, 2017

NVCA: Venture Investments Drop In Q1

Venture capital investments in the U.S. have dropped to the lowest rate of activity since Q4 of 2011, as venture capital investors continue to be shy about investing in startups, according to the latest PitchBook-NVCA Venture Monitor report...

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Thursday, April 6, 2017

Sommetrics Scores $12.3M For Sleep Apnea Treatment

San Diego-based Sommetrics, a medical device manufacturer developing products to treat obstructive sleep apnea, has raised $12.3M in a Series B-1 funding. The company said the round came from both new and current investors, but did not disc...

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Thursday, April 6, 2017

SOCI Scores $8.5M For Social Media Management

San Diego-based SOCi, a developer of enterprise, social media management software, announced this morning that it has raised $8.5M in a Series A funding. The funding was co-led by Vertical Venture Partners and Grayhawk Capital. The funding ...

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Wednesday, April 5, 2017

Viracta Therapeutics Raises $18.4M From NantKwest, Others

San Diego-based Viracta Therapeutics, a developer of treatments for cancer caused by Epstein-Barr Virus (EBV) and other viral diseases, has raised $18.4M from Culver City-based NantKwest, one of the biotech firms led by billionaire Dr. Patr...

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Tuesday, April 4, 2017

PetCo Buys Pet Advice Website, PetCoach

San Diego-based pet supply retailer PetCo said on Monday that it has acquired the operator of a pet advice website and app, PetCoach. Financial details of the acquisition were not announced. PetCoach's website helped pet owners get answers ...

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Friday, March 31, 2017

Echo Gets $7.5M For Microscope Development

San Diego-based Echo, a startup which is developing a new "hybrid" microscope aimed at replacing both upright and inverted microscopes, has raised $7.5M in a Series A funding. The funding was co-led by Dolby Family Ventures and Tech Coast A...

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Wednesday, March 29, 2017

UCSD Spinout Antiva Biosciences Gets $22M

Antiva Biosciences, a U.C. San Diego biopharmaceuticals spinout targeting treatments for pre-cancerous lesions caused by human papilloma virus (HPV) infection, said it has raised $22M in a Series C funding. The funding was led by Brace Phar...

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Monday, March 27, 2017

cloudvirga Raises $15M More For Mortgage Automation Tools

Irvine-based Cloudvirga, a developer of automated mortgage lending software, announced this morning that it has raised $15M more in a Series B funding. The funding was led by Incenter, a Blackstone Group portfolio company. The company said ...

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Friday, March 24, 2017

Cool Planet Reboots, In Colorado, With $19.3M Series A Funding

Cool Planet, the former Camarillo, California startup working on carbon conversion technology, has resurfaced in Colorado with a $19.3M Series A funding. According to Cool Planet, the new funding was led by Agustín Coppel and North Bridge V...

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Friday, March 24, 2017

Western Digital Backs Avere Systems

Irvine-based storage device maker Western Digital has backed Avere Systems, a developer of a file system for the hybrid cloud. Avere said this week that it has raised $14M in a Series E funding round, which came from Menlo Ventures, Norwest...

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Thursday, March 23, 2017

TVPage Adds Investor To $3M Funding Round

San Diego-based TVPage, a startup developing cloud-based technology for monetizing video content, said on Thursday that it has added Greg Silverman as an investor in a recent $3M funding round. Silverman is the former president of Warner Br...

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Wednesday, March 22, 2017

Pocketwatch Picks Up $6M For Kids Media Brand

Culver City-based Pocketwatch, a startup media brand focused on creating and acquiring content for kids, has raised $6M in a Series A funding round. The funding was led by Third Wave Digital, and also included Les Moonves (CBS ), Jon Landau...

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Wednesday, March 22, 2017

Lightpost Digital Lands New Funding For Online Marketing Services

San Diego-based Lightpost Digital, a digital agency which provides online marketing services to local businesses, has raised a round of funding, the company disclosed this week. The funding came from Canal Partners and DWP Investments. The ...

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Wednesday, March 22, 2017

Edlio Acquires Sangha, Raises $40M

Los Angeles-based educational content management software developer Edlio said late Tuesday that it has acquired Sangha, the developer of a personalized, mobile parent interaction app. Financial terms of the acquisition were not announced, ...

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Tuesday, March 21, 2017

Beautycon Media Gets $9M In Series A

Los Angeles-based conference and digital media events operator Beautycon Media, which operates conference and events focused on fashion and beauty, has raised $9M in a Series A funding round. The funding came from A+E Networks, Live Nation,...

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Monday, March 20, 2017

Report: ShadeCraft Raises $2M For Solar Tracking Sunshade

Pasadena-based ShadeCraft, which is developing a "smart" sunshade/umbrella which tracks the sun, absorbs solar energy, and includes built in speakers, a camera, and smartphone charger, has reportedly raised $2M in a seed funding. Source and...

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Monday, March 20, 2017

SetPoint Medical Adds New Enterprise Associates As Investor

Valencia-based biomed startup SetPoint Medical announced this morning that it has received a new investment from New Enterprise Associates. Size of the investment, and details of the round, were not announced by the company. SetPoint said t...

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Thursday, March 16, 2017

Embark Ventures Raising $50M Venture Capital Fund

Los Angeles-based Embark Ventures, a new venture capital fund led by Yipeng Zhao and venture capitalist Peter Lee, is raising a $50M venture capital fund, according to a recent SEC filing by the firm. The filing says the firm has so far rai...

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Thursday, March 16, 2017

SoCal's Big New Crop Of Venture Investors And Funds

Are you an entrepreneur, looking for capital here in Southern California? It's turning out to be a great time for entrepreneurs looking for funding in the region, with not only high profile exits of such companies as Snap Inc., but a bunch ...

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Thursday, March 16, 2017

Interview with Derek Norton, Watertower Ventures

Earlier this week, Derek Norton, a long time advisor to the media, Internet, and technology industry in Los Angeles, announced a brand new venture capital fund called Watertower Ventures (www.watertowerventures.com). We sat down with Derek ...

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Wednesday, March 15, 2017

ProducePay Picks Up $7M Equity, $70M Debt For Farm Financing Startup

Los Angeles-based ProducePay, which operates a fintech startup to help farmers better manage their cash flow, has raised $77M in funding, split between $7M in equity and $70M in debt. The funding was led by CoVenture, and also included Menl...

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Wednesday, March 15, 2017

ServiceTitan Raises $80M

Glendale-based ServiceTitan, which develops business management software for the home services and contracting industry, has raised $80M in a Series B funding, the company announced this morning. ServiceTitan said the new funding was led by...

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Tuesday, March 14, 2017

ObEN Gets Backing From SoftBank Ventures Korea

Pasadena-based ObEN, which develops virtual reality avatar technology, has scored funding from SoftBank Ventures Korea, SoftBank said this morning. Size of the investment was not announced. SoftBank Ventures Korea said the investment came v...

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Tuesday, March 14, 2017

Watertower Ventures Raises $5M Investment Fund

Los Angeles-based Watertower Ventures has raised a new, $5M investment fund, which will focus on companies in the Internet infrastructure, next-generation e-commerce, digital media, gaming, augmented reality and artificial intelligenec, and...

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Monday, March 13, 2017

Flyr Launches Interactive Video Sharing App With $5M In Funding

Los Angeles-based Flyr, a new startup founded by Hassan Uriostegui and Brett O'Brien, the serial entrepreneur behind Viddy and Xdrive, said today that it has launched a new app which lets users create interactive, shareable videos. The star...

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Monday, March 13, 2017

Qualcomm Backs Borqs International

Beijing- and Bangalore-based Borqs International Holdings, a developer of Android devices, announced this morning that it has receive a strategic investment from San Diego-based Qualcomm Ventures. Size of the funding was not announced. Acco...

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Wednesday, March 8, 2017

iExhale Takes In $1.86M For Mental Health Support

Los Angeles-based iExhale, a startup developing an online mental health and wellness service providing on-demand therapy from licensed mental health professionals, is announcing this morning that it has raised $1.86M in a seed funding round...

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Wednesday, March 8, 2017

Vertiflex Finds $40M For Spinal Implants

Carlsbad-based spinal implant developer Vertiflex announced this morning that it has raised $40M in a new funding round, led by Endeavour Vision and H.I.G. BioHealth Partners, and also including New Enterprise Associates; Thomas, McNerney &...

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Wednesday, March 8, 2017

Alignment Healthcare Raises $115M

Orange, California-based Alignment Healthcare, a developer of technology used for population health management, has raised $115M in a funding round, from private equity investor Warburg Pincus. According to Alignment Healthcare, the new fun...

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Wednesday, March 8, 2017

Conversion Logic Gets $9M For Marketing Analytics Tools

Los Angeles-based Conversion Logic, a developer of marketing analytics software, announced this morning that it has raised $9M in a Series A funding. The funding was led by Pelion Venture Partners, and also included Rincon Venture Partners,...

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Tuesday, March 7, 2017

Wrapify Raises $3M From Avery Dennison

San Diego-based Wrapify, a startup which pays everyday users to drive around in vehicles that have been "wrapped" with the advertisements of companies, has raised $3M in a new funding round, the company disclosed on Tuesday. The funding cam...

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Monday, March 6, 2017

Raken Gets $2M For Construction Reporting Software

San Diego-based Raken has raised $2M in a funding round, for the company's construction reporting and compliance software. The funding was led by Rincon Venture Partners, and also included Eniac Ventures and Spider Capital. Raken is led and...

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Monday, March 6, 2017

ViaSat, Eutelsat In European Broadband Joint Venture

Carlsbad-based ViaSat and European satellite provider ViaSat announced very early this morning that they have closed their partnering arrangement for a European broadband joint venture. The two said the partnership will expand Eutelsat's cu...

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Thursday, March 2, 2017

VeloCloud, Backed By March Capital, Gets $35M More

VeloCloud Networksa, a developer of software defined, wide area networking (WAN) technology which is backed by Santa Monica-based March Capital Partners, has raised $35M in a big funding round, the company announced today. VeloCloud said it...

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Thursday, March 2, 2017

Nimble Finds $9M In Funding

Santa Monica-based CRM software maker Nimble--let by contact database and software pioneer Jon Ferrara--has raised $9M in a Series A funding, the company announced on Thursday morning. The funding was led by Imagen Capital Partners, and als...

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Thursday, March 2, 2017

Moving Analytics Finds Funding

Marina Del Rey-based Moving Analytics, a developer of software and programs to help cardiac patients complete their rehab at home, has raised a funding round from OCA Ventures. Size of the funding was not announced. Moving Analytics helps c...

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Wednesday, March 1, 2017

Illumina's GRAIL Raises $900M In Funding Round

GRAIL, the cancer detection spinout of San Diego's Illumina, said this morning that it has raised $900M in a first close of a planned, $1 billion funding round. The Series B funding was led by Arch Venture Partners, and included Johnson and...

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Wednesday, March 1, 2017

A Chat With Jamie Montgomery On How LA's Tech Ecosystem Has Grown

Next week is the Montgomery Summit (www.montgomerysummit.com), one of the longest running technology conferences held in Los Angeles. The conference is run by Jamie Montgomery, one of the local industry's pioneers in venture capital and i...

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Tuesday, February 28, 2017

Double M Partners Raising New Fund

Los Angeles-based venture capital fund Double M Partners, which is run by Mark Mullen, is raising a new, $40M venture capital fund, according to a regulatory filing by the firm on Monday. The filing indicates that so far, $18.3M has been ra...

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Tuesday, February 28, 2017

Tealium Gets Investment From Citi Ventures

San Diego-based software developer Tealium announced on Monday that it has scored a strategic investment from Citi Ventures, as part of Series E investment round. Size of the investment from Citi Ventures was not announced. Tealium, which ...

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Monday, February 27, 2017

Cordial Connects With $6M From Upfront

San Diego-based Cordial, a developer of marketing software which automatically tracks the actions of consumers which triggers personalized messaging to those consumers, has raised $6M in a Series A funding round. The funding came from Upfro...

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Monday, February 27, 2017

CureDuchenne Ventures Backs Exonics Therapeutics

Newport Beach-based investment fund CureDuchenne Ventures, which is a subsidiary of nonprofit CureDuchenne, announced this morning that it has invested $5M in a seed funding round for Exonics Therapeutics, a biotech startup which is focused...

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Friday, February 24, 2017

Tinder's Mateen Makes Angel Investment In FOSSA

Justin Mateen, the co-founder and Chief Marketing Officer of Los Angeles-based Tinder, is one of the seed investors in FOSSA, a developer of open source license management software. FOSSA said Thursday that it has raised $2.2M in a seed fun...

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Friday, February 24, 2017

Insights: The Cryptic VC's Guide to Saying No On Investments

For this morning's Insights and Opinions section, where we feature the contributions of our readers, we have an article from Wiliam Hsu, co-founder and managing partner of Mucker Capital (www.muckercapital.com). He explains all the ways VCs...

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Thursday, February 23, 2017

MomentFeed Adds $16.3M

Santa Monica-based MomentFeed, which develops software that helps multi-location, retailers and brands better understand and interact with customers, has raised $16.3M in new funding, the company said this morning. The funding was led by Le...

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Thursday, February 23, 2017

Tx Zhuo On LA's Newest Venture Fund, Fika Ventures

Last week, Fika Ventures, LA's newest venture fund, announced its formation, led by tech investment veterans Tx Zhuo and Eva Ho. We sat down with Tx Zhuo to chat about the new fund, what investments it hopes to make, and what kind of entrep...

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Thursday, February 23, 2017

AirMap Lands $26M In Series B Funding

Santa Monica-based AirMap, which is developing software and a service for airspace management for drones, has raised $26M in a Series B funding round, the company said this morning. The funding was led by Microsoft Ventures, and also includ...

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Wednesday, February 22, 2017

Tala Gets $30M In New Funding Round

Los Angeles-based Tala, the fintech startup led by Shivani Siroya, is announcing this morning that it has raised $30M more in a Series B funding round. The funding was led by IVP, and also included Ribbit Capital, along with Lowercase Capit...

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Wednesday, February 22, 2017

Maple Media Finds $30M For Acquiring Mobile Apps

Los Angeles-based Maple Media, a new startup led by startup veteran Clark Landry, along with Jam City veteran Michael Ritter, has raised $30M in a funding round from Shamrock Capital, the company announced this morning. The startup said it ...

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Friday, February 17, 2017

Ryan Blair, HashtagOne: From Gang Member, To Entrepreneur, To Anti-VC

Ryan Blair is a bit of an interesting entrepreneur: he came out of the most unlikely of family backgrounds--he grew up in poverty, and ended up in a gang and with the wrong crowd (arrested 10 times), but managed to turn his life around th...

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Thursday, February 16, 2017

Shippabo Snags $1.8M For Global Freight Shipping Software

Los Angeles-based Shippabo, a developer of software used to help importers manage freight and shipping, including comparing quotes from freight forwarders, filing government paperwork, and other related functions, has raised $1.8M in a fund...

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Thursday, February 16, 2017

OzoBot Raises $3M For Educational Robots

Redondo Beach-based Ozobot, which develops educational robots used for teaching software coding, has raised $3M in a Series A funding round, the company said late Wednesday. The funding was led by Tribeca Venture Partners. Ozobot said the n...

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Thursday, February 16, 2017

Orreco Finds $2M For Sports Science, Opens Office In LA

Orreco, an Irish company developing machine intelligence and data collection tools to improve professional sports performance, has raised $2M, and is opening up an office in Los Angeles, the company said on Wednesday. The Series A funding c...

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Thursday, February 16, 2017

Exactuals Adds $10.6M In Series B, A Week After Series A

Los Angeles-based Exactuals, the developer of a software-as-a-service product used to track complex payments such as residuals and royalties, announced on Wednesday that it has raised $10.6M in a Series B funding, bringing its total raised ...

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Wednesday, February 15, 2017

Fika Ventures Launches New, $40M Seed Fund In LA

Fika Ventures, a new startup venture fund led by venture capitalists Tx Zhuo, Eva Ho, and Arteen Arabshahi, has officially launched this morning, saying that it is investing in startups focused on data, related AI-enabled technologies, and ...

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Wednesday, February 15, 2017

Jecure Therapeutics Raises $20M From Versant Ventures

San Diego-based Jecure Therapeutics, a new startup focused on treatment of non-alcoholic steatohepatitis (NASH) and fibrosis of the liver, has raised $20M in a Series A funding round. The funding came from Versant Ventures, which launched t...

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Tuesday, February 14, 2017

Float Finds $3M To Help Millennials Establish A Credit Score

Los Angeles-based Float said late last week that it has raised $3M in an angel funding round, to help Millennials establish a credit score. The funding came from Camp One Ventures, Funders Club, 500 Startups, as well as the Silicon Valley B...

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Tuesday, February 14, 2017

Dreamscape Immersive Raises Series A Funding For VR Entertainment Centers

Los Angeles-based Dreamscape Immersive, a developer of immersive, virtual reality entertainment experiences, said on yesterday afternoon that it has raised a Series A financing round. Size of the funding round was not announced, however, a ...

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Friday, February 10, 2017

Amplify.LA Backs SafeRide Health

SafeRide Health, which provides transportation of patients to health care providers, has scored funding and backing of Los Angeles startup accelerator and investor Amplify.LA, Amplify said this week. SafeRide Health joins Amplify.LA along w...

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Thursday, February 9, 2017

Greycroft Partners Raises $250M In New Growth Fund

Greycroft Partners, one of the more active investors in Los Angeles technology startups, announced on Thursday that it has raised $250M in a new, growth equity fund. The fund, Greycroft Growth II, will be focused on expansion rounds for the...

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Thursday, February 9, 2017

Exactuals Gets $10M

Los Angeles-based Exactuals has raised $10M in a Series A funding, for a new software-as-a-service to handle residuals, royalties, and other complex payments for the film, TV, music, and entertainment market. The funding was led by City Nat...

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Wednesday, February 8, 2017

Netwrix Gets Series A Funding

Irvine-based Netwrix, a developer of hybrid cloud security software, has received a Series A funding round, the company said Tuesday. Size of the round was not announced. The funding was led by Updata Partners. Netwrix, led by Michael Fimin...

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Tuesday, February 7, 2017

GOAT Gains $25M More

Los Angeles-based mobile sneaker marketplace GOAT disclosed this morning that it has raised $25M more in funding. The funding was led by Accel Partners, which joins Matrix Partners, Upfront Ventures and Webb Investment Network, existing inv...

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Tuesday, February 7, 2017

Stem Raises $4.5M

Los Angeles-based Stem, a company which is helping artists collect royalties across online and other platforms, has raised $4.5M in funding, the company disclosed this week. The funding came from Upfront Ventures and Scooter Braun....

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Friday, February 3, 2017

Qualcomm Launches $3 Billion Joint Venture With TDK

San Diego-based Qualcomm and TDK Corporation announced Friday morning that they have launched a joint venture, RF360 Holdings Singapore PTE. Ltd., to provide RF front-end (RFFE) modules and RF filters for the mobile device, automotive, and ...

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Thursday, February 2, 2017

Snapchat, R/GA Partner For New Startup Accelerator

Venice, California-based Snap Inc., the parent firm behind Snapchat, has joined up with R/GA Marketing--which helps run the Dodgers Accelerator in Los Angeles--to launched a new startup accelerator, the R/GA Marketing Tech Venture Studio wi...

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Thursday, February 2, 2017

NUVIZ Gets Funding For Heads-Up Display For Motorcycle Riders

San Diego-based NUVIZ, a developer of head's up displays for motorcycle riders, has scored a strategic investment round, the company said this morning. The funding came from Pierer Industrie AG, the parent firm of KTM Industries, Husqvarna ...

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Thursday, February 2, 2017

Vividion Therapeutics Raises $50M

San Diego-based Vividion Therapeutics, a biopharmaceuticals firm tapping into technology developed at The Scripps Research Insitute, has raised $50M in a Series A funding round. The funding was led by ARCH Venture Partners and Versant Ventu...

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Tuesday, January 31, 2017

Radish Raises $3M For Reading App

Los Angeles-based Radish which develops a service which provides short-form, serialized fiction via iOS and Android, has raised $3M in a seed funding round. The funding came from Greylock, Lowercase Capital, Softbank Next Media Innovation F...

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Monday, January 30, 2017

Comparably Raises $7M More

Santa Monica-based Comparably, the startup which lets employees and employers track compensation trends, find careers, compare companies, and more, led by serial entrepreneur Jason Nazar, has raised $7M in a funding round, the company annou...

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Monday, January 30, 2017

The Bouqs Company Picks Up $24M For Flower Delivery

Venice Beach-based The Bouqs Company, the online floral delivery startup led by John Tabis, announced this morning that it has raised $24M in a Series C funding, bringing its total raised to a little over $43M. The startup, which provides d...

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Monday, January 30, 2017

Amplify Closes $10M Fund For More Startup Investments

Venice-based Amplify recently close a third, early stage investment fund of $10M, as part of its efforts to accelerate startups in the Los Angeles area. Amplify, which operates its own startup accelerator in Venice, had previously been inve...

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Friday, January 27, 2017

Virtualitics Raises $3M For AR/VR/AI Startup

Pasadena-based Virtualitics, a new startup which provides data visualization in virtual reality (VR) and augmented reality (AR) environments, and says it uses machine learning and artificial intelligence, has raised $3M in a seed funding ro...

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Thursday, January 26, 2017

Core Innovation Capital Announces $100M In Second Venture Capital Fund

Los Angeles-based fintech investor Core Innovation Capital announced this morning that it has closed its second fund, which is at $100M so far. As part of the funding, the company said it has just made an investment in Fundera, a New York c...

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Thursday, January 26, 2017

Kopari Beauty Gets Private Equity Investment

San Diego-based e-commerce beauty brand Kopari Beauty said this week that it has received a private equity investment from LCatterton, along with celebrities Karlie Kloss, Shay Mitchell, Hilary Duff, Mila Kunis, and Ashton Kutcher. Size of ...

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Wednesday, January 25, 2017

OfferPad Plans Launch In Los Angeles After $260M Funding

OfferPad, a startup which operates an online service which provides instant home buying offers to homeowners, is planning to launch its service in Los Angeles, after raising $260M funding. OfferPad, which is based in Arizona, said the fundi...

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Wednesday, January 25, 2017

Ring Rounds Up $109M In New Funding

Los Angeles-based Ring, the developer of connected doorbells, security cameras, and other similar devices, has raised $109M in a big financing round, to help fund global growth. The funding came from DFJ Growth, Goldman Sachs Investment Par...

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Monday, January 23, 2017

Social Native Adds Ragovin, Elbaz To Exec Team

Los Angeles-based Social Native, which operates a marketplace for connecting brands with content creators, said this morning that it has added Buddy Media co-founder Jeff Ragovin as Chief Growth Officer, and Scopely and Applied Semantics' c...

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Thursday, January 19, 2017

Two Bit Circus Adds $15M, Plans LA Amusement Park

Los Angeles-based Two Bit Circus, the STEM-focused, entertainment company led by Brent Bushnell, has raised $15M in a Series B funding round, the company said Thursday morning. The funding was led by JAZZ Venture Partners, and also included...

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Wednesday, January 18, 2017

TeamDom Raises $1M For Influencer Marketing

Los Angeles-based TeamDom, a new startup started by 19-year old social media star Jake Paul, disclosed today that it has raised $1M in a funding round. The round was led by Danhua Capital, and also included Edward Lando, Gary Vaynerchuk, Ab...

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Tuesday, January 17, 2017

Qualcomm-backed Zoom Video Communications Gets $100M From Sequoia

Zoom Video Communications, a provider of cloud-based video conferencing and online meeting software which is backed by San Diego-based Qualcomm, has has raised $100M in a Series D funding. Qualcomm Ventures was the first non-angel investor...

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Monday, January 16, 2017

SPACES Gets $6.5M For Virtual Reality Theme Park Efforts

Playa Vista-based SPACES, a developer of virtual reality technology aimed at the theme park industry, announced last week that it has raised $6.5M in additional seed funding. The funding was led by Chinese theme park operator Songcheng Perf...

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Friday, January 13, 2017

Maple Media Launches App Rollup Venture, Backed By Shamrock Capital

Los Angeles-based Maple Media, a new startup led by startup veterans Clark Landry and Michael Ritter, said late Thursday evening that it has launched a new venture which will acquire and roll up mobile apps. The startup says it is backed by...

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Friday, January 13, 2017

Report: Venture Dollars Decline In Q4, Says NVCA

Venture capital investment dollars declined in Q4, to $12.7 billion invested across 1,736 companies, according to the new Pitchbook-NVCA Venture Monitor, the new report tracking venture capital investment across the U.S., as the venture mar...

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Thursday, January 12, 2017

Correlation Ventures Raises $200M In New Investment Fund

Correlation Ventures, a venture capital investment firm with offices in San Diego, Palo Alto, and New York City, said this week that it has raised $200M in a new investment fund. The company said the second fund was oversubscribed, and brin...

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Thursday, January 12, 2017

Report: Crosscut Ventures Launching Fourth Venture Investment Fund

Los Angeles-based venture capital investor Crosscut Ventures has reportedly started approaching limited partners (LPs) for investments in a new fund, its fourth. Crosscut's last fund, Crosscut Ventures 3, was worth $75M. The report, from th...

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Wednesday, January 11, 2017

Western Digital Backs Panzura In $32M Funding

Irvine-based mass storage maker Western Digital is one of the backers in a new, $32M funding round for cloud storage services provider Panzura. Panzura says it has raised $32M in funding, in a round led by Matrix Partners, and which also in...

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Tuesday, January 10, 2017

MobileCause Raises $15M For Nonprofit Software

Los Angeles-based nonprofit fundraising and crowdfunding software platform developer MobileCause has raised $15M in a Series B funding, according to the company. The funding came from growth equity firm Level Equity. As part of the funding,...

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Tuesday, January 10, 2017

Moonshots Gets Big Exit At Harvest.ai

Los Angeles-based venture investment firm Moonshots Capital, which is led by Kelly Perdew, has seen a big exit via the acquisition of San Diego's Harvest.ai by Amazon Web Services. The deal, which has not yet been formally announced, was re...

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Tuesday, January 10, 2017

March Capital Partners Backs Activehours

Los Angeles-based venture investor March Capital Partners, the investment firm run by Jim Armstrong, Sumant Mandal, Gregory Milken, and Jamie Montgomery, has made an investment in Activehours, a new startup offering up early access to paych...

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Tuesday, January 10, 2017

Lionsgate Backs eSports Team, The Immortals

In a further boost to the growing e-sports industry, movie studio Lionsgate announced this morning that it has made an investment in the e-sports franchise Immortals. Size of the investment was not announced. Immortals is the team which is ...

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Monday, January 9, 2017

Ivantis Finds $25M For Microstent Surgery Devices

Irvine-based medical device developer Ivantis, which is developing microstents for minimally invasive glaucoma surgery, has raised $25M in a Series C funding, the company announced today. The funding was led by RA Capital Management, a new ...

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Monday, January 9, 2017

Qualcomm Invests In Israeli Cybersecurity Startup, Team8

San Diego-based Qualcomm--via Qualcomm Ventures--is one of the lead strategic investors in Team8, an Israeli cybersecurity software developer, Team8 said on Monday. Qualcomm and Microsoft were the two big strategic backers in Team8, which s...

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Monday, January 9, 2017

SnapMD Adds $3.25M In Series A

Los Angeles-based SnapMD, which develops telemedicine software and technology, announced this morning that it has added $3.25M in a Series A financing extension. The company said the funding brings its total raised to $9.15M. The startup, l...

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Monday, January 9, 2017

Amgen Leads Investment In SiteOne Therapeutics

Thousand Oaks-based Amgen is the lead investor in a round for San Francisco- and Bozeman, Montana-based SiteOne Therapeutics, SiteOne said on Friday. SiteOne said it raised $15M in a Series B funding round, which was led b Amgen, and also i...

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Friday, January 6, 2017

Illumina Spinout Plans To Raise $1 Billion In Series B

San Diego-based life sciences equipment maker Illumina says that its cancer detection spinout, GRAIL, is now expecting to raise approximately $1 billion in its Series B funding. GRAIL, which was founded by Illumina, is developing blood test...

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Thursday, January 5, 2017

PVP Biologics Gets $35M From Takeda

San Diego-based biopharmaceuticals firm PVP Biologics, which is developing treatments for celiac disease, has received $35M from Takeda Pharmaceutical Company Limited, the companies announced on Thursday. The two said that Takeda will fund...

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Thursday, January 5, 2017

Avidity Biosciences Finds $16M

La Jolla-based Avidity Biosciences, a biopharmaceuticals developer focused on monoclonal antibody and siRNA-based therapeutics, said today that it has raised $16M in a Series B funding round. The round included $10M in new capital, combined...

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Thursday, January 5, 2017

Molecular Stethoscope Raises $8.2M

San Diego-based Molecular Stethoscope, a biotechnology startup developing a blood-based, liquid biopsy platform for early detection and monitoring of disease, has raised $8.2M in a seed funding round. The funding came from Data Collective, ...

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Thursday, January 5, 2017

Neurelis Raises Series B Funding For Epilepsy Treatment

San Diego-based Neurelis, a developer of a drug treatment for epilepsy, has raised a Series B round of funding, the company said this morning. Size of that funding was not announced. The funding was led by HBM Healthcare Investments, and al...

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Thursday, January 5, 2017

Amgen Co-Founder Bowes Passes Away

William K. Bowes, Jr., the founding shareholder and chairman and treasurer of Thousand Oaks-based Amgen, has died, at the age of 90. Bowes--who also founded venture capital firm USVP--died peacefully in his home on December 28th. Amgen said...

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Tuesday, January 3, 2017

Proterra Raises $140M To Ramp Production, Hiring In Los Angeles County

Electric bus maker Proterra announced this morning that it has raised $140M in an equity funding round, a chunk of which will go towards ramping up initial production in the City of Industry, and hiring "key personnel" in Los Angeles and el...

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Friday, December 30, 2016

Core Innovation Capital Raises $71M In New Fund

Los Angeles-based Core Innovation Capital, the fintech investment firm led by Arjan Schutte and Kathleen Utecht, has just raised $71.5M in a new fund, Core Innovation Capital II, L.P., according to a regulatory filing by the company on Thur...

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Friday, December 30, 2016

Reflections on 2016: Jeb Spencer, TVC Capital

All this holiday season, we have been sharing the reflections on 2016 from the movers and shakers in Southern California's technology ecosystem. Here, we have the thoughts of Jeb Spencer of TVC Capital (www.tvccapital.com), a software focu...

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Tuesday, December 20, 2016

Appetize Raises $20M In Funding, Ramps Hiring

Los Angeles-based point-of-sale technology developer Appetize said Tuesday that it has raised $20M in a new funding round, led by private equity investor Shamrock Capital Advisors. Oak View Group, led by Tim Leiweke and Irving Azoff, also p...

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Tuesday, December 20, 2016

eSUB Construction Software Gets $5M In Series A

San Diego-based eSUB Construction Software, a startup developing mobile and cloud-based project management and document control software for the construction industry, has raised $5M in a Series A funding, the company announced this morning...

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Tuesday, December 20, 2016

CureDuchenne Ventures Backs TRiNDS

Newport Beach-based CureDuchenne Ventures, a company which specifically funds startups working on Duchenne muscular dystrophy, said on Monday that it has made an investment in TRiNDS, a new contract research organization. The company said T...

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Tuesday, December 20, 2016

Imprimis Pharmaceuticals Raises $9.8M In Private Placement

San Diego-based Imprimis Pharmaceuticals announced on Monday that it has raised $9.8M in a private placement. According to Imprimis, the funding came from accredited investors, along with its board of directors and senior management, includ...

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Monday, December 19, 2016

Grab Green Products Raises $2.5M

Camarillo-based Grab Green, a developer of eco-friendly products, said last week that it has raised $2.5M in a financing round from Stoneway Capital. The company (whose corporate name is MaddieBrit Products, but goes by its brand name of G...

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Monday, December 19, 2016

Kyriba Gets Funding From Mitsubishi UFJ Capital

Kyriba, a developer of cross border, cloud-based treasurey, cash, and risk management software, which has offices in San Diego, said today that it has received an investment from Mitsubishi UFJ Capital. Size of the Series D funding round in...

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Wednesday, December 14, 2016

Ember Raises $8.5M For Temperature Adjustable Coffee Mug

Westlake Village-based Ember Technologies, which develops a coffee mug that allows users to adjust the temperature of their cup of joe to whatever they want, has raised $8.5M in a funding round, according to the company. The company's mug--...

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Wednesday, December 14, 2016

Marlin Equity Backs Elenion Technologies

Los Angeles-based private equity investor Marlin Equity Partners unveiled a new company, Elenion Technologies, focused on silicon photonics. According to Marlin Equity Partners, Elenion has been in existence since 2014, and has been operati...

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Tuesday, December 13, 2016

Stop, Breathe & Think Finds $1.3M

Los Angeles-based emotional wellness app developer Stop, Breathe & Think announced on Tuesday that it has raised $1.3M in a seed funding round. The funding was led by LaunchPad Digital Health, and also included Aspect Ventures and angels. T...

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Tuesday, December 13, 2016

Apposite Gets Private Equity Investment

Los Angeles-based Apposite Technologies, a developer of enterprise network simulation software and test tools, has raised a round of growth investment from private equity investor Ranch Creek Partners. Size and terms of the funding were not...

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Tuesday, December 13, 2016

Santa Barbara Investors Back Solvvy

The Investment Group of Santa Barbara (IGSB) is one of the backers this week in machine learning and artificial intelligence software developer Solvvy. Solvvy says it has raised $4.5M in a seed funding round, which was led by True Ventures,...

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Monday, December 12, 2016

Sonendo Scores $35M

Laguna Hills-based Sonendo, a developer of technology aimed at improving root canal treatment, has raised $35M more in an equity financing round, the company said on Monday. The funding was led by DiNovA Capital, and also included Fjord Ven...

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Monday, December 12, 2016

UC, Caltech Key To Bill Gates' New $1 Billion Cleantech Investment Effort

Both the University of California, and Caltech both appear to be key to the new clean technology investment fund, Breakthrough Energy, which is being led by former Microsoft founder Bill Gates. Breakthrough Energy said this morning that the...

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Monday, December 12, 2016

Upfront Ventures Backs Tact In $15M Funding

Los Angeles-based venture capital investor Upfront Ventures is the lead investor in a new, $15M Series B funding round for artificial intelligence software developer Tact. Tact develops artificial intelligence software for Salesforce which ...

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Monday, December 12, 2016

Molecular Assemblies Gets $2.3M

San Diego-based Molecular Assemblies, a startup developing enzymatic DNA synthesis technology, has raised $2.3M in a seed funding, the company announced this morning. The funding came from Agilent Technologies, Cavendish Impact Capital Fund...

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Monday, December 12, 2016

Domain Associates Raises $163.6M In New Fund

San Diego-based life sciences investor Domain Associates has raised $163.6M in a new fund, Domain Partners IX, LP, according to a regulatory filing by the firm last week. According to the filing, the fund now stands at $163.6M, and includes...

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Friday, December 9, 2016

Procore Joins Ranks Of Southern California's Unicorns

Carpinteria-based cloud-based construction software developer Procore apparently has joined the ranks of the small number of Southern California's "unicorns"--those companies who are valued at more than $1 billion--with the funding the comp...

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Friday, December 9, 2016

Tinder Launches Swipe Ventures, Eyes M&A, Investments

Los Angeles-based Tinder, the online dating app developer which had been led by Sean Rad, has spun out a new, mergers & acquisition arm called Swipe Ventures, which the company said will seek to expand Tinder's footprint through acquisition...

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Thursday, December 8, 2016

Procore Raises $50M More For Cloud Software

Carpinteria-based construction software developer Procore, which is led by Tooey Cortemanche, announced late Thursday that it has raised $50M in a new funding, led by ICONIQ Capital. According to Procore, the new funds will go towards expan...

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Thursday, December 8, 2016

LA Investors Back Waggle For More Pet Videos

Waggle, a new media company which publishes pet and animal content on its own website, Facebook, and other channels, said Wednesday thatit has raised $2.3M in a seed funding--which included a number of Los Angeles investors, including Lower...

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Thursday, December 8, 2016

Crossover Health Gets $92M Investment

Aliso Viejo-based Crossover Health, a developer of employee health care centers, has raised $92M in a funding round from Gurnet Point Cpaital, the two said on Wednesday. Crossover Health develops on-site and near-site health centers for emp...

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Wednesday, December 7, 2016

AxonVR Gets $5.8M For Virtual Reality Haptics

San Luis Obispo- and Seattle-based AxonVR announced today that it has raised $5.8M in a seed funding round, for its development of realistic touch (haptic) technology for use in virtual and augmented reality. The company said the round was ...

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Tuesday, December 6, 2016

Harman Backs Heads Up Display Maker Navdy

Automotive audio and entertainment systems maker Harman, which has a significant number of its businesses in Southern California, has made a strategic investment in Navdy, a developer of after-market, heads-up and augmented reality devices ...

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Tuesday, December 6, 2016

Heal Raises $14.8M, Names Richard Gephardt To Board

Santa Monica-based Heal, the startup which provides on-demand, doctor house calls to patients, has raised $14.8M in a Series B funding, and added former House Majority and Minority Leader and U.S. Presidential Candidate, Richard Gephardt, t...

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Tuesday, December 6, 2016

GE Spins Out New Startup, Menlo Micro, In Irvine, With $18.7M In Funding

GE Ventures, the venture capital arm of GE, says it has spun out a new startup in Irvine called Menlo Micro. The spinout of GE's Global Research Center is focused on electronic switching technology. As part of the spinout, Menlo Micro has r...

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Monday, December 5, 2016

David Sacks Eyes Trump Transition Team

Technology investor and former Southern California tech CEO David Sacks, most recently CEO of Zenefits, is apparently considering a position on the Trump transition team, according to reports over the weekend. It's unclear what role Sacks w...

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Thursday, December 1, 2016

Somabar Snags $1.5M For Robotic Bartender

Los Angeles-based Somabar, which is developing a robotic bartender which automatically mixes cocktails for you, has raised $1.5M in a bridge funding round, according to lead investor the Tech Coast Angels. The TCA said that the round also i...

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Thursday, December 1, 2016

SendGrid Finds $33M In Series D

SendGrid, which provides email delivery services and software for sending transactional emails, has raised $33M in a Series D funding, the company said on Wednesday. The company, which has engineering offices in Irvine, said the funding was...

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Thursday, December 1, 2016

Xencor Launches $110M Public Offering

Monrovia-based biotechnology developer Xencor has launched a public offering of its common stock, with the aim of raising approximately $110M in funding, the company said on Wednesday. The publicly traded biotechnology developer--which trad...

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Wednesday, November 30, 2016

AttackIQ Lands $8.8M For Security Validation Tools

San Diego-based AttackIQ, a developer of continuous security validation tools for the cybersecurity market, has raised $8.8M in a Series A funding round. The funding came from Index Ventures, Qualcomm Ventures and Telstra Ventures. Accordin...

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Wednesday, November 30, 2016

Solarflare Raises $22.2M More

Irvine-based Gigabit Ethernet semiconductor developer Solarflare Communications has raised $22.2M more in a funding round, according to a regulatory filing by the firm on Tuesday. Details on that funding have not been announced by the compa...

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Tuesday, November 29, 2016

TicketSauce Takes $2.5M For Live Event Management Software

San Diego-based TicketSauce, a developer of private label event management software, has raised $2.5M in a Series A funding, the company announced this morning. The funding was led by Draper Frontier Opp & Tech Fund. The company said the fu...

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Tuesday, November 29, 2016

Pritzker Group Boosts Focus On Los Angeles Startups, Moves Partner To LA

Chicago-based venture capital investor Pritzker Group Venture Capital announced this morning that it is expanding its efforts to invest in early stage companies in Los Angeles, and has moved partner Gabe Greenbaum to Los Angeles. Greenbaum ...

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Tuesday, November 29, 2016

Sorrento Therapeutics Gets $75M Term Loan

San Diego-based biopharmaceuticals developer Sorrento Therapeutics announced on Monday that it has secured a $75 million term loan facility. Terms of the loan were not announced. The funding came from Hercules Capital (HTGC). The publicly h...

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Wednesday, November 23, 2016

Heal Raises $14.8M

Los Angeles-based Heal has raised $14.8M in a funding, according to both a regulatory filing and prematurely leaked funding details from an embargoed press release this week. Heal is formally announcing the after the Thanksgiving holiday wi...

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Monday, November 21, 2016

Statis Labs Raises $5M For Vital Signs Monitoring

Los Angeles-based Statis Labs, a developer of vital signs monitoring equipment, has raised $5M in a seed funding round, the company said last week. The funding was led by RTP-HC, and also included Wonder Ventures, Techstars Ventures, and ot...

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Monday, November 21, 2016

Genalyte Finds $36M

San Diego-based biotech company Genalyte said this morning that it has raised $36M in a new funding round, for its efforts to develop a microchip-based testing platform. The funding was led by Khosla Ventures and Redmile Group. Genalyte is ...

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Monday, November 21, 2016

aTyr Pharma Gets $20M Credit Facility

San Diego-based biotherapeutics developer aTyr Pharma announced this morning that it has received a $20M credit facility. The credit facility came from Silicon Valley Bank and Solar Capital Ltd. Terms of that credit facility were not announ...

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Friday, November 18, 2016

Renew Finds $3M For Boomer Lifestyle Brand

Venice, California-based Renew, which apparently is working on a lifestyle brand aimed at retired baby boomers, disclosed this week that it has raised $3M in a Series A funding. The funding was led by Venrock, and also included Expa, WTI, M...

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Friday, November 18, 2016

PeerStreet Raises $15M For Real Estate Loan Marketplace

Los Angeles-based PeerStreet, a startup which operates a marketplace for investing in real estate backed loans, has raised $15M in a Series A funding round. The funding was led by Andreessen Horowitz, and also included The Kaiser Family Fou...

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Thursday, November 17, 2016

Qualcomm Backs M87 To Improve Access To Wireless Networks

San Diego-based Qualcomm is one of the backers in a startup which is developing technology to create a network of peer-to-peer, wireless devices, to help improve access for phones in poor coverage areas. Seattle-based M87 said it raised $5M...

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Wednesday, November 16, 2016

Clarify Medical Gets $3.6M To Treat Skin Conditions

San Diego-based Clarify Medical, a developer of a handheld medical device used to treat psoriasis, eczema and vitiligo, has raised $3.6M in a funding round, the company announced today. The startup--whose Chairman is David F. Hale--said the...

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Friday, November 11, 2016

Interview with Kelly Perdew, Moonshots Capital

Our interview this morning is with Kelly Perdew of Moonshots Capital, a Los Angeles based investment firm that makes seed stage investments in early stage companies, and in particular, for this Veterans Day, in companies founded by military...

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Thursday, November 10, 2016

ReVision Optics Gets $32M More For Commercialization Efforts

Lake Forest-based ReVision Optics, which is developing vision correcting, corneal inlays, has raised $32M more in an equity funding, the company announced this morning. The funding was led by JJDC, and also included current investors Canaan...

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Thursday, November 3, 2016

Zarget Gets $6M For A/B Testing Tools

Walnut, California-based Zarget, a developer of A/B testing tools for marketing automation, has raised $6M in a Series A funding round, according to the company. The funding was led by Sequoia India, and also included Accel and Matrix Partn...

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Thursday, November 3, 2016

Hollar Finds $30M For Mobile Deal Marketplace

Los Angeles-based Hollar, a startup which offers up a mobile marketplace featuring "dollar store" type products and deals, has raised $30M in a Series B funding, the company announced this morning. The funding was led by Kleiner Perkins Cau...

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Thursday, November 3, 2016

ObEN Raises $7.7M For Realistic, AI-Driven, Virtual Reality Avatars

Pasadena-based ObEN, an Idealab-backed startup which is developing artificial intelligence technology for creating highly realistic, virtual reality avatars, has raised $7.7M in a series A funding, the company announced this mroning. Accord...

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Wednesday, November 2, 2016

NantWorks Backs Genos Research

Culver City-based NantWorks, the collection of companies run by biotech billionaire Patrick Soon Shiong, has backed gene sequencing startup Genos Research, the companies disclosed today. Genos said it raised $6M in the funding round from Na...

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Tuesday, November 1, 2016

Replicated Gets $5M

Los Angeles-based Replicated, a company that uses container technology to encapsulate software-as-a-service applications into on-premise runnable instances, has raised $5M in a Series A, according to the company. The funding was led by Ampl...

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Tuesday, November 1, 2016

Classy Collects $30M For Nonprofit Fundraising

San Diego-based Classy, the online software developer which helps nonprofits and other social enterprise raise money, has raised $30M in a Series C funding round. The funding was led by JMI Equity, and also included Bullpen Capital, Galileo...

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Monday, October 31, 2016

Relativity Media Sells Stake To Singaporean Social Networking Company YuuZoo

Beverly Hills-based movie studio Relativity Media--which is behind such titles as Limitless, Masterminds, and Immortals--scored a big investment from Singaporean Internet company YuuZoo, the two companies said this morning. The two said tha...

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Friday, October 28, 2016

KYTHERA, Amgen Vet Takes Helm At UNITY Biotechnology After $116M Funding

A local, Ventura County biotechnology executive, Keith Leonard, has taken the helm of UNITY Biotechnology, a heavily backed San Francisco biotech startup focused on curing diseases of aging, as a result of a big $116M funding round at the c...

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Thursday, October 27, 2016

Super League Gaming Adds $5M

Santa Monica-based Super League gaming, which lets video game fans compete against others on the big screen at movie theaters across the country, has raised $5M in a Series C funding, the company said this week. The funding came from Toba C...

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Wednesday, October 26, 2016

Mobcrush Gets $20M More For Videogame Streaming

Santa Monica-based Mobcrush, which operates a live streaming platform and community focused on mobile games, has raised $20M more, in a Series B funding round. The funding was led by Evolution Media, and also included Kleiner, Perkins, Cauf...

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Tuesday, October 25, 2016

Report: Hyperloop One Looks For $250M More

Los Angeles-based transportation technology developer Hyperloop One is looking to raise up to $250M in funding, according to a report published on Wednesday. The report, from Fortune, cites a leaked document which has been circulating among...

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Tuesday, October 25, 2016

Hixme Adds $14.1M In Funding

Agoura Hills-based Hixme, a startup developing group insurance products for large organizations, has raise $14.1M more in funding, the company announced this morning. The Series B funding was led by Propel Venture Partners, and also include...

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Tuesday, October 25, 2016

Embodied Gets Funding From Intel For Personal Robots

Pasadena-based Embodied, a new startup developer "affordable personal robots", has raised funding from Intel Capital. Size of the funding was not announced. Embodied was co-founded by Paolo Pirjanian, the former CTO of iRobot and Professor ...

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Friday, October 21, 2016

GoShare Raises $1M For On Demand Moving, Delivery App

San Diego-based GoShare, the developer of an on-demand, moving and delivery app, has raised $1M in a seed funding round, the company said on Friday. The company--which calls itself the "Uber for Trucks"--said the funding was led by race car...

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Wednesday, October 19, 2016

Oblong Industries Finds $65M

Los Angeles-based Oblong Industries, the developer of gesture-enabled user interface technology, has raised $65M in an expansion stage investment, according to the company. The funding came from Greenspring Associates, Industry Ventures, an...

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Wednesday, October 19, 2016

MEMS Drive Finds $11M

Pasadena-based MEMS Drive, which is developing micro-electro-mechanical system (MEMS) stabilization actuators for smartphone cameras, has raised $11M in a Series B funding round. The funding was led by Walden International. The company said...

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Wednesday, October 19, 2016

Utelogy Raises Series A

Costa Mesa-based Utelogy, a developer of audio/visual control and analytics software for the higher education and enterprise market, has raised a Series A funding round, the company said Tuesday. Size of the funding was not announced, nor w...

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Tuesday, October 18, 2016

Heal Finds $26.9M More In Funding To Expand Access To On-Demand Doctors

Santa Monica-based Heal, the on-demand doctor's house call startup, said this morningg that it has raised $26.9M in a Series A funding. The funding was led by Tull investment Group, and also included Breyer Capital, Paul Jacobs (Qualcomm), ...

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Tuesday, October 18, 2016

Sofinnova, With Offices In San Diego, Lands $650M For Biotech Investments

Biotech venture capital investor Sofinnova, which has offices in San Diego, announced that it has raised $650M in its newest fund, Sofinnova Venture Partners X. The firm said it closed the fund at its hard cap of $650M, after exceeding its ...

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Tuesday, October 18, 2016

Comcast Ventures Sets Up Shop In Santa Monica

Comcast Ventures, the venture capital arm of Comcast Corporation, announced this morning that it has opened up an office in Santa Monica, and hired on Dinesh Moorjani as Managing Director in the new office. Moorjani was previously Executive...

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Friday, October 14, 2016

MoneyTree Report: Southern California Q3 Venture Totals Drop To $663.27M

Southern California's venture capital totals dropped significantly in Q3 of 2016, to a mere $663.2M in funding, according to the latest numbers from the PricewaterhouseCoopers MoneyTree report, based on data from Thomson Reuters. Accordin...

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Thursday, October 13, 2016

Hyperloop One Gains $50M In New Funding

Los Angeles-based transportation technology developer HyperLoop One disclosed on Thursday afternoon that it has raised $50M in new funding, from DP World Group of Dubai. The startup--which is attempting to bring Elon Musk's idea for the "Hy...

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Wednesday, October 12, 2016

Report: NastyGal Facing Cram Down Round, Seeking Buyer

Los Angeles-based fashion website NastyGal is apparently in the midst of a "cram down" round--a round where the current shareholders in a company essentially reset the equity structure of a company that usually forces non-participating inve...

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Wednesday, October 12, 2016

March Capital Re-Ups On E8 Security

Santa Monica-based venture investor March Capital Partners has re-upped on one of its portfolio companies, Redwood City-based E8 Security, which develops software used to analyze cybersecurity threats. E8 Security said on Tuesday that it ha...

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Wednesday, October 12, 2016

Edlio Raises $40M For School Website Software, Looks Towards Acquisitions

Los Angeles-based Edlio, a developer of a cloud-based, software product used by schools and school districts to build and manage school websites, has raised $40M in a funding round. The funding came from L Squared Capital Partners. Accordin...

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Wednesday, October 12, 2016

Akriveia Therapeutics Raises $7.5M

Thousand Oaks-based Akriveia Therapeutics, a biotechnology startup focused on immuno-oncology, announced this morning that it has raised $7.5M in a Series A investment. The investment came from F-Prime Capital Partners. Akriveia Therapeutic...

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Tuesday, October 11, 2016

HomeMe Gets $3.2M For Rental Screening App

Los Angeles-based rental screening app developer HomeMe dislosed this morning that it has raised $3.2M in a funding round. The funding was led by Menlo Ventures. HomeMe develops a mobile app which lets renters find apartments, and then get ...

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Tuesday, October 4, 2016

Anchore Gets $5M For Software Container Security

Santa Barbara-based Anchore, which is developing security software aimed at the "container" market, has raised $5M in a funding round, the company disclosed this morning. The funding came from local angel Andreas von Blottnitz, along with D...

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Tuesday, October 4, 2016

Vinny Smith's Toba Capital Backs Restless Bandit

Vinny Smith, the founder of Irvine's Quest Software, has put his backing behind a San Francisco developers of human resources software, Restless Bandit. Restless Bandit said today that it has raised $10M in a funding round, which came from ...

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Tuesday, October 4, 2016

Agilon Health Aims At Healthcare Technology

Long Beach-based Agilon Health/ said it has created a new healthcare services and technology company this morning, which it says will focus on creating "next generation value-based care delivery systems". The new company is led by Ronald A...

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Thursday, September 29, 2016

Kyriba Raises $23M For Risk Management, Treasury Management Software

San Diego-based Kyriba said this morning that it has raised $23M more, in a Series D funding. The developer of cloud-based, treasury management and risk management software said the round was led by Bpifrance, and also included HSBC and Dah...

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Wednesday, September 28, 2016

ServiceNow Launches Its Own Venture Investment Arm, ServiceNow Ventures

ServiceNow, the developer of service management software led by Frank Slootman--and which started in San Diego--has launched its own venture capital arm, ServiceNow Ventures. According to ServiceNow, which is based in Santa Clara but still ...

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Tuesday, September 27, 2016

Fortis Therapeutics Raises $18M

San Diego-based Fortis Therapeutics, a new biotech company in the immuno-oncology area, announced this morning that it has raised $18M in a Series A funding. The funding was led by Avalon Ventures and also included Bregua Corporation, Lilly...

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Monday, September 26, 2016

Estify Raises $6.3M For Auto Body Shop Estimate Software

Agoura Hills-based Estify, a developer of software to help auto body shops creates estimates on repair for auto insurers, has raised $6.3M in a Series A funding, the company disclosed today. The funding came from Romulus Capital along with ...

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Monday, September 26, 2016

InstaMed Raises $50M

Newport Beach- and Philadelphia-based InstaMed, which operates a healthcare payment network, says it has raised $50M in an investment form Carrick Capital Partners. The company said the funding goes to accelerate its go-to-market strategy a...

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Monday, September 26, 2016

CarLabs Gets Funding For Car Shopping Bots

Los Angeles-based CarLabs, a new startup developing conversational "bots" to guide users through car shopping, has scored an angel funding, the company said late last week. The ange funding came from Mitch Glub (former founder of Cars.com);...

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Friday, September 23, 2016

Certona Scores $30M In Growth Funding

San Diego-based Certona, a developer of personalization software which uses machine learning and predictive algorithms, has raised $30M in a combined growth investment and minority recapitalization. The funding came from private equity inve...

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Thursday, September 22, 2016

Tinder Backs Vina's Female Networking App

Los Angeles-based dating app developer Tinder said this morning that it has made an investment in Hey! VINA, the developer of a Tinder-like mobile app to help women find friends. Tinder participated as part of a $1.4M, seed funding round, w...

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Thursday, September 22, 2016

Tealium Scores $35M More For Tag Management Software

San Diego-based Tealium has raised $35M more in funding, the company said Wednesday, in what the company described as growth capital. The funding came from all of its existing investors. Tealium, led by Jeff Lunsford, said the funding will ...

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Wednesday, September 21, 2016

Allset Eyes Expansion In LA After $2.35M Funding Round

Allset, a startup which lets you book a table at a local restaurant and pre-order food, so that you can just show up, grab a seat, and eat, said it is expanding into Los Angeles after a funding round. Allset--which currently has operations ...

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Tuesday, September 20, 2016

Fika Ventures Seeks $50M For New Venture Fund

Los Angeles-based Fika Ventures, founded by Tx Zhuo and Eva Ho, is looking to raise a total of $50M for a new investment fund, according to a pair of regulatory filings by the firm in the last week. The new firm has two separate filings for...

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Friday, September 16, 2016

Report: Venture Capital Fund Linked To Convicted Felon In Lompoc

A new report, published this morning by Fortune, says that a "new" venture capital fund--announced last week in officially looking press releases--appears to be linked to a convicted inmate, currently imprisoned in Lompoc. Fortune says that...

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Friday, September 16, 2016

Newegg Gets Investment From Hangzhao Liaison Interactive

Los Angeles-based online technology retailer Newegg announced late Thursday that it has received a "significant" investment from Chinese company Hangzhao Liaison Interactive Information Technology Co., Ltd. . Size of the investment was not ...

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Thursday, September 15, 2016

LumaTax Raises $2M For Small Business Tax Reporting Software

LumaTax, a new startup has offices in both San Diego and Seattle, Washington, has raised $2M in a funding, the company said on Thursday. The funding came from Madrona Venture Group, Greycroft Partners, and angels. LumaTax develops software ...

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Thursday, September 15, 2016

FastPay Gets Strategic Funding From Citi Ventures

Los Angeles-based FastPay, which provides working capital loans to digital businesses, has scored a strategic funding round from Citi Ventures, according to the company. The size of that investment was not announced. The company, led by Jed...

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Wednesday, September 14, 2016

Tipalti Finds $14M More

Tipalti, which provides accounts payable and supplier payment automation software, and which has operations in the Los Angeles area, has raised $14M in a funding round, the company said this morning. The funding was led by SGVC. As part of ...

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Wednesday, September 14, 2016

Here's Who Is Funding Companies In Southern California Today

Are you a startup looking to find funding in Southern California? It's often tough to figure exactly who the venture capital funds are who are funding startups in the area. However, for members of socaltech.com, it's a click away with our...

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Tuesday, September 13, 2016

DEFY Media Snags $70M

Los Angeles-based DEFY Media, a developer of YouTube channels and digital content, said on Tuesday that it has raised $70M in a Series B funding. The funding was led by Wellington Management Company LLP, and also included ABS Capital, Lions...

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Tuesday, September 13, 2016

Philz Coffee Looks Beyond California With $45M Funding

Philz Coffee, the Silicon Valley coffee chain which has been in a massive expansion in Southern California in the last few months, announced on Tuesday a $45M Series C funding round. The company said the big investment round was led by TPG ...

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Tuesday, September 13, 2016

SaaS Funding Targets Software Companies With New Santa Monica Office

SaaS Funding, a new provider of debt funding to software-as-a-service companies, said it has set up an office in Santa Monica. The company, which provides senior and junior debt capital, says it is targeting Software-as-a-Service (SaaS), di...

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Tuesday, September 13, 2016

VizExplorer Snags Strategic Investment From Stanley Black & Decker

San Diego-based VizExplorer, which developers business intelligenec software, has raised round of strategi investment from tool manufacturer Stanley Black & Decker. Financial terms of the investment were not announced. According to the two,...

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Tuesday, September 13, 2016

Applied Merchant Systems and BlueSquare Resolutions Merge

Calabasas-based payment processing operator Applied Merchant Systems announced late Monday that it has merged with BlueSquare Resolutions, and raised a round of debt funding. The funding came via a senior credit facility from Goldman Sachs ...

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Monday, September 12, 2016

Portfolium Gets $6.6M To Help College Students Find Jobs

San Diego-based Portfolium, a startup which develops a service to help college students provide portfolio of their work to employers, has raised $6.6M in a funding round, the company disclosed on Monday. The funding was led by SFJ Ventures,...

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Monday, September 12, 2016

Coronal Energy Gets Funding From Panasonic

Pasadena-based Coronal Energy, a provider of solar photovoltaic (PV) project development, financing, and operation services for the utility, municipal and corporate market, has scored a strategic investment from Panasonic, the two said this...

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Monday, September 12, 2016

AcuFocus Raises $66M

Irvine-based opthalmic device maker AcuFocus has raised $66M in funding, according to the company. The new funding round was led by KKR. According to AcuFocus, the new funding will go towards accelerating its commercialization plans, and fo...

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Thursday, September 8, 2016

Western Digital, Unisplendour Launch Joint Venture

Irvine-based Western Digital, and Chinese company Unisplendour Corporation Limited said today that the two have launched a new joint venture, Unis-WDC Storage Co., Ltd., to market and sell datacenter storage systems in China. The two compan...

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Tuesday, September 6, 2016

ROX Medical Gets $40M Funding

San Clemente-based ROX Medical, a startup developing medical devices to treat hypertension, has raised $40M in a Series E funding, the company said this morning. The funding was led by Novartis Venture Fund and Apple Tree Partners and also ...

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Tuesday, September 6, 2016

Smith Micro Raises $4M

Aliso Viejo-based software developer Smith Micro Software announced this morning that it has raised $4M in funding, via a note and warrant financing. The funding came from Unterberg Koller Capital Fund L.P., plus William W. and Dieva L. Smi...

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Wednesday, August 31, 2016

Prime Focus Technologies Gets Private Equity Investment

Los Angeles-based Prime Focus Technologies, a developer of ERP software for the media industry, says it has received its first round of funding from private equity investor Ambit Pragma. Size of the investment was not announced. Prime Focus...

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Tuesday, August 30, 2016

Tech Coast Angels: We Have Higher Returns Than Angel Averages

The Tech Coast Angels, Southern California's biggest angel investment group, says its performance record and returns on its investments are higher than the average angel, in nearly all categories, based on a new academic study. According to...

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Tuesday, August 30, 2016

Petnet Finds $10M From Petco For Personalized Pet Feeding Gadget

Los Angeles-based Petnet, the developer of automated, smartphone connected pet feeding bowls, has raised $10M in a Series A funding, the company Tuesday morning. The funding was led by Petco, and also includes a deal to make the compan's Sm...

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Tuesday, August 30, 2016

Bitium Raises $6M More

Santa Monica-based Bitium has raised $6M more in funding, for its software development efforts, the company disclosed this morning. The funding came from Polaris Partners as well as other prior investors. Bitium has also previously raised f...

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Tuesday, August 30, 2016

March Capital Partners Leads Investment In eSports Streaming Startup Genvid

Los Angeles-based venture investor March Capital Partners, in a deal led by Gregory Milken, has lead a seed funding round in New York-based startup Genvid Technologies. Genvid Technologies said it has raised $1.5M in a seed funding round, w...

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Monday, August 29, 2016

GOAT Gets $5M For Sneaker Marketplace

Los Angeles-based GOAT, a new startup which lets people buy and sell sneakers via a mobile marketplace, said on Monday that it has raised $5M in a funding round. The funding was led by Matrix Partners, and also included Upfront Ventures and...

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Monday, August 29, 2016

Vroozi Raises $4M For Procurement Software

Los Angeles-based Vroozi, a developer of cloud-based, B2B procurement software, has raised $4M in a funding round, the company said this morning. The funding was led by Ally Holdings. The startup, led by Steve Olds, said the funding will go...

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Monday, August 29, 2016

Science Inc. Backs Plowz & Mowz With $1.5M

Los Angeles-based startup studio Science Inc. has backed a startup, Plows & Mowz offering up an on-demand marketplace for snow plowing and lawn care. According to Plowz & Mowz, it has raised $1.5M in a funding round, which came from Science...

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Thursday, August 25, 2016

Curology Finds $15M For Prescription Skincare Via Subscription

San Diego-based Curology, a startup which provides prescription, skincare medications to treat acne and aging, has raised $15M in a Series B funding round. The funding was led by Advance Vixeid Partners, and also included Sherpa Capital and...

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Thursday, August 25, 2016

Viking Therapeutics Raises $12.5M In PIPE

San Diego-based biopharmaceutiacls developer Viking Therapeutics says it has raised $12.5M in a common stock purchase agreement, from Aspire Capital Fund. The company, which is publicly traded on the NASDAQ as VKTX, said the initial purchas...

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Tuesday, August 23, 2016

Singlera Genomics Raises $20M

La Jolla-based Singlera Genomics, a developer of non-invasive genetic testing technology, has raised $20M in a Series A funding, according to the company. The funding was led by Lilly Asia Ventures, and also included Green Pine Capital Part...

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Monday, August 22, 2016

Kobe Bryant, Jeff Stibel Team On New $100M Venture Capital Fund In LA

In an interesting intersection of LA's world of technology, investing, and sports, Kobe Bryant, the LA Laker star, and technology startup veteran Jeff Stibel have teamed up to create a new, $100M venture capital fund, to invest in technolog...

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Monday, August 22, 2016

MabVax Raises $9.4M In PIPE

San Diego-based oncology drug developer MabVax Therapeutics says it has raised $9.4M in a funding, in a combination of a public offering of its common stock and Series F preferred stock and warrants. The publicly traded company, listed on t...

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Thursday, August 18, 2016

Avelas Biosciences Raises $20M

San Diego-based biopharmaceuticals developer Avelas Biosciences has raised $20M in a Series C funding, according to the company. The new funding was led by Pharmstandard International, S.A., and laos included Ervington Investments Limited a...

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Thursday, August 18, 2016

ReVision Optics Raises $10M In Credit Facility

Lake Forest-based ReVision Optics, which is developing an implantable presbyopia-correcting corneal inlay technology, said this morning that it has obtained a $10M, credit facility, from Square 1 Bank. The company said the credit line will ...

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Tuesday, August 16, 2016

Susa Ventures Closes $50M Second Fund, But Leaves LA

San Francisco-based venture investor Susa Ventures said this morning that it has raised $50M in its second fund, Susa Ventures II--but no longer has a presence in Los Angeles. The investor, which for its first fund had enlisted Eva Ho to fi...

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Tuesday, August 16, 2016

Baswood Finds Funding Round

Santa Barbara-based Baswood, a developer of wastewater treatment technology, says it has received a new round of funding. Size of the funding was not announced. The funding came from Inherent Group, and will go towards growth in North Ameri...

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Monday, August 15, 2016

Firefly Games Gets $10M

Los Angeles- and Shanghai-based Firefly Games, a mobile gaming startup which is porting Asian titles into the U.S., has raised $10M more in funding, the company disclosed last week. The funding came from Skyocean International Holdings, Cey...

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Friday, August 12, 2016

Dodgers Back Startup Aimed At Real World Interaction

The Los Angeles Dodgers have backed a Silicon Valley startup which says it is developing software to help bring engagement into real world venues and bricks-and-mortars locations. Sunnyvale-based Xperiel says it has raised $7M in funding, f...

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Friday, August 12, 2016

Axiom Materials Gets Funding, Investment

Santa Ana-based Axiom Materials, a developer of advanced composites for the aerospace, defense, automobile, energy, and other industries, is in a recapitalization and investment deal with private equity investor Sorenson Capital. Financial ...

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Friday, August 12, 2016

Arrowhead Pharmaceuticals Raises $45M In PIPE

Pasadena-based Arrowhead Pharmaceuticals, a biopharmaceuticals developer aiming at treating hepatitis and other diseases has raised $45M in a private offering, the company said today. The publicly held firm, which trades as ARWR on the NASD...

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Thursday, August 11, 2016

PureSpectrum Gets $1.6M

Westlake Village-based PureSpectrum, a startup which operates an online marketplace to help buyers collect survey panels, has raised $1.6M in a funding round, according to the company. The funding came from multiple, un-named strategic part...

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Wednesday, August 10, 2016

Disney Takes Stake In MLB Spinout BAMTech

Burbank-based The Walt Disney Company says it is acquiring a 33 percent stake in BAMTech, the new technology services and video streaming spinout of Major League Baseball (MLB). According to Disney, it will pay $1 billion in two installment...

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Monday, August 8, 2016

Honor Finds $42M For Senior Home Care Efforts

Honor, the in-home, senior care startup which launched its services in LA in April, has raised $42M more in a funding round, the company said this morning. The Bay Area startup--which only offers services so far in San Francisco and in LA--...

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Monday, August 8, 2016

Aligned TeleHealth Gets $12M

Calabasas-based Aligned TeleHealth, a provider of telemedicine services, said this morning that it has raised $12M in a Series A funding round. The funding came from SV Life Sciences (SVLS). The company said the funding will go towards acqu...

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Friday, August 5, 2016

Core Innovation Capital Backs Mosaic's $220M Funding

Los Angeles-based fintech investor Core Innovation Capital is one of the backers in a big, $220M equity funding for solar power financing provider Mosaic. Mosaic, which works with both owners and installers to help provide the upfront capit...

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Friday, August 5, 2016

TheWaveVR Raises $2.5M For VR Live Music Platform

Los Angeles- and Austin-based TheWaveVR announced this morning that it has raised $2.5M in a seed funding round, for its efforts to develop a virtual reality experience specifically for experiencing live music. The startup said the funding ...

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Friday, August 5, 2016

Oblong Industries Bumps Funding Round To $50M

Los Angeles-based Oblong Industries, the developer of gesture recognition and immersive collaboration platforms, has bumped its latest funding round to over $50M, saying in a regulatory filing yesterday that it has now raised nearly $45M in...

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Thursday, August 4, 2016

Evofem Raises $25M

San Diego-based EVOFEM, a biotechnology firm developing new contraceptives for the women's reproductive health market, announced this morning that it has raised $25M in a Series D funding round. The funding came from Woodford Investment Man...

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Wednesday, August 3, 2016

Sensay Snags $4.5M For Chatbot Technology

Los Angeles-based Sensay, a developer of chatbot technology, has raised $4.5M in a seed funding round, according to the company. The funding was led by Norwest Venture Partners, and also included Greycroft Partners, Sweet Capital, NHN, Drap...

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Wednesday, August 3, 2016

Time Warner Takes Ten Percent Stake In Hulu

Time Warner has taken a 10 percent stake in Los Angeles-based streaming television service Hulu, the companies said this morning, and also has inked a deal to add TNT, TBS, CNN, Cartoon Network, Adult Swim, truTV, Boomerang and Turner Class...

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Wednesday, August 3, 2016

Sorrento In Joint Venture With Korea's CHA Biotech

San Diego-based Sorrento Therapeutics says it has entered into a new joint venture, with South Korean company CHA Biotech Co., Ltd. (CBT), to develop and commercialize "natural killer cell" therapies developed by CH Biotech. According to S...

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Tuesday, August 2, 2016

GenRocket Ties With UST Global On Software Testing

Ojai-based software testing developer GenRocket, and digital services provider UST Global, which is based in Irvine, announced Tuesday that the two are in a new partnership, where UST Global will tap GenRocket's technology for automating th...

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Tuesday, August 2, 2016

StatRad Snags $13M

San Diego-based StatRad, a provider of tele-radiology services, has raised $13M in a funding round, the company announced this morning. Name of the strategic, institutional investor was not announced. StatRad offers up a cloud-based service...

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Monday, August 1, 2016

CureDuchenne Ventures Gets Exit At Bamboo Therapeutics

Newport Beach-based CureDuchenne Ventures, the venture investment arm of nonprofit medical foundation CureDuchenne, says it has scored an exit at Bamboo Therapeutics. CureDuchenne invested in the Series A funding for Raleigh, NC-based Bambo...

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Monday, August 1, 2016

PacketSled Finds $5M

San Diego-based PacketSled, a developer of cybersecurity monitoring software, has raised $5M in a Series A funding, the company announced today. The funding was led by Keshif Ventures, and also included Blu Ventures and JHS Ventures. The co...

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Monday, August 1, 2016

Bioniz Therapeutics Raises $13M In Funding Round

Irvine-based Bioniz Therapeutics, a company developing biopharmaceuticals aimed at treating immuno-inflammatory diseases and cancer, has raised $13M in a Series A funding. The funding was co-led by Takeda Ventures and former Allergan CEO Dr...

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Monday, August 1, 2016

BIOLASE Raises $10M In PIPE

Irvine-based dental laser maker BIOLASE, which trades on the NASDAQ as BIOL, said this morning that it has raised a private placement worth $10M. The funding came from Jack W. Schuler Living Trust, Oracle Partners, L.P. and Oracle Instituti...

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Thursday, July 28, 2016

cloudvirga Finds $7.5M For Mortgage Automation

Irvine-based cloudvirga, a startup developing mortgage automation tools, announced Thursday that it has raised $7.5M in a Series A funding. The funding was led by Dallas Capital, and also included Upfront Ventures and Tribeca Angels. The st...

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Thursday, July 28, 2016

Upfront's Suster Backs Density

Mark Suster of Upfront Ventures is the lead investor in a new startup, developing hardware devices to count people and track their movement in a room. According to Suster, he led a $4M funding round in Density, a developer of devices which ...

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Wednesday, July 27, 2016

Influential Raises $5M For Influencer Marketing

Beverly Hills-based Influential, a developer of influencer marketing software, has raised $5M in a Series A funding, according to the company. The funding was led by Capital Zed, and also included ROAR, Paradigm Talent Agency, Europlay Capi...

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Wednesday, July 27, 2016

Western Digital Leads $77M Funding In Personal Storage Service Upthere

Irvine-based disk drive and storage products maker Western Digital is one of the lead investors in a new startup developing personal storage services and applications. Upthere, which says it has created a new "operating system" to help user...

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Tuesday, July 26, 2016

Scopely Raises $55M For Mobile Games Empire

Los Angeles-based mobile game developer Scopely has raised a big, $55M funding round, the company said today, to help grow the company's catalog of mobile games. According to Scopely, the new financing round was led by Greycroft Growth Fund...

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Tuesday, July 26, 2016

Kite & Lightning Gets $2.5M For VR Studio

Los Angeles-based Kite & Lightning, a new virtual reality studio, has raised $2.5M in a seed funding round, the company announced this morning. The round was led by Raine Ventures, and also included Courtside Ventures, Comcast Ventures Cat...

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Thursday, July 21, 2016

Impinj Sees Surge In IPO

Impinj, the developer of RFID chips and products which has operations in Orange County, saw a surge in its IPO this morning, and was trading around $17.24 in morning trading--up more than 23 percent from its $14.00 per share debut. Impinj p...

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Thursday, July 21, 2016

WeDo Gets $1M For To Do List App

Santa Barbara-based WeDo, a new startup developing social, to-do list apps, has raised $1M in a funding from angel investors, the company said this morning. The startup--founded by Spencer Shulem and Raad Mobrem--lets users track tasks, get...

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Wednesday, July 20, 2016

Synthorx Raises $10M

San Diego-based Synthorx, a developer of protein therapeutics technology, said it has raised $10M in a Series B financing this morning. The funding was led by RA Capital Management, and also included Avalon Ventures and Correlation Ventures...

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Friday, July 15, 2016

Quest Software Founder Smith Backs Data Firm Grow

Vinny Smith, the founder of Orange County's Quest Software, has put his backing behind a new data integration sofware startup, Grow. Grow said this week that it has raised $11M in a Series A funding, which came from Toba Capital, the invest...

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Friday, July 15, 2016

Southern California Companies Raise $2.49 Billion In VC In Q2

Southern California companies raised $2.49 billion in venture capital in Q2 of 2016, according to the latest numbers from the MoneyTree Report from PricewaterhouseCoopers, the National Venture Capital Association, and Thomson Reuters. The n...

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Wednesday, July 13, 2016

ShareGrid Finds $1M For Film, Photo Equipment Marketplace

ShareGrid, a peer to peer marketplace startup which has been operating an online, peer-to-peer marketplace in both Los Angeles and New York, allowing users to rent out their idle film and photo equipment, has raised $1M. The seed funding c...

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Wednesday, July 13, 2016

Sienna Biopharmaceuticals Ups Series A To $46M

Westlake Village-based Sienna Biopharmaceuticals has had a second close on its Series A funding, bringing the total raised in the round to $46M, the company said on Tuesday. The funding was led by ARCH Venture Partners and Partner Fund Mana...

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Monday, July 11, 2016

Kin Community Raises $13.5M More

Santa Monica-based Kin Community, the online content producer focused on food, home, and DIY content and led by Michael Wayne, has raised $13.5M in a funding round, the company quietly revealed earlier this month. The funding came from stra...

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Friday, July 8, 2016

Zingle Raises $3M

Carlsbad-based Zingle, a startup developing messaging tools that allows businesses to connect to consumers via messaging and texting, has raised $3M in a Series A funding round. The funding came from Rincon Ventures and Crosscut Ventures. Z...

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Wednesday, July 6, 2016

Stocktwits Gets $2M More, Names New CEO

Stocktwits, the stock-focused micro messaging service co-founded by San Diego angel investor Howard Lindzon, said on Wednesday that it has raised $2M in a new funding round, and named a new CEO. The funding came from Social Leverage. The co...

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Wednesday, July 6, 2016

Netki Gets $3.5M For Blockchain Identity Software

Los Angeles-based Netki, a startup which is developing blockchain identity management software, has raised $3.5M in a seed funding round. Netski said the funding was led by O'Reilly AlphaTech Ventures (OATV), and also included Donuts, Colle...

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Wednesday, July 6, 2016

Homee Raises $5M For Interior Design App

Los Angeles-based Homee, a startup which helps connects consumers with interior designers, has raised $5M in a Series A funding, the company disclosed on Tuesday. The funding came from Founders Fund and Tinder's Sean Rad. Homee is led by Be...

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Tuesday, July 5, 2016

Jukin Media Raises $2.5M More

Los Angeles-based Jukin Media has just raised $2.5M more, according to a regulatory filing from the company, in the form of debt funding. No details on the new funding for the company have yet been announced. Jukin Media finds and licenses ...

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Friday, July 1, 2016

Cylance Adds Citi Ventures To $100M Series D

Irvine-based Cylance said on Thursday that it has added strategic investor Citi Ventures, to the list of its investors in its recently announced, $100M Series D funding. Citi joins Insight Venture Partners and Blackstone Tactical Opportunit...

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Friday, July 1, 2016

Ignyta Raises $42M In Term Loan

San Diego-based precision medicine developer Ignyta said Thursday afternoon that it has secured a new, $42M term loan facility. The loan came from Silicon Valley Bank and Oxford Finance. The company said the loan has an interest rate of Pri...

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Thursday, June 30, 2016

ProducePay Harvests $2.5M

Los Angeles-based ProducePay, which develops a service to help farmers better manage their cash flow, has raised $2.5M in a seed funding round, the company said this week. The funding came from Menlo Ventures, Arena Ventures, CoVenture, Red...

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Thursday, June 30, 2016

All Def Digital Gets $10M

Culver City-based All Def Digital, an urban youth programming media brand co-founded by Sanjay Sharma and Russell Simmons, has raised $10M in a Series B financing. The funding was led by Third Wave Digital partners, and also included WPP Ve...

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Wednesday, June 29, 2016

Rincon Backs Keen IO In New Round

Santa Barbara-based venture investor Rincon Ventures has backed portfolio company Keen IO, in a followup investment in that company's Series B. Keen IO, which is based in San Francisco, said it raised $14.7M in a funding round from Pelion V...

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Monday, June 27, 2016

Upfront Ventures To Canada With Latest Video Funding In Vemba

Los Angeles-based venture investor Upfront Ventures has made a new investment in the video distribution and content discovery area, with an investment in Canadian firm Vemba. Vemba, which is based in Toronto but has offices in Los Angeles, ...

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Monday, June 27, 2016

Thrive Market Picks Up $111M In New Funding

Marina Del Rey-based, online healthy foods grocer Thrive Market has raised $111M in a new, venture funding round, the company disclosed this morning. The new funding was led by Invus Group, and also included Greycroft Partners, E-Ventures a...

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Friday, June 24, 2016

Reflexion Health Finds $18M

San Diego-based Reflexion Health, a provider of cloud-based, digital medicine products, said this week that it has raised $18 in a Series B funding round. The funding came from current investor West Partners and others. The startup, led by ...

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Thursday, June 23, 2016

Upfront Ventures Names Kobie Fuller As New Partner

Los Angeles-based venture capital investor Upfront Ventures has named a new Partner at the company, luring away Kobie Fuller from Accel Partners. According to Upfront Ventures, Fuller--who has invested in such companies as Oculus VR, UserTe...

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Wednesday, June 22, 2016

Microsemi Invests In Veracity

Aliso Viejo-based semiconductor developer Microsemi has made an investment in San Juan Capistrano-based Veracity, a developer of industrial, network security software, as part of a collaboration in the Internet-of-Things (IoT) market. Finan...

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Wednesday, June 22, 2016

Processing.com Gets Private Equity Injection

Sherman Oaks-based Processing.com, a provider of payment processing services, announced this morning that it has received a "significant" private equity investment, from LaSalle Capital. Size of that investment was not announced. Processing...

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Tuesday, June 21, 2016

Blueprint Bio Raises $7.5M

Blueprint Bio a developer of biomarker technology for the personalized medicine market, has raised $7.5M from Murrieta-based Forentis Partners. Blueprint Bio has offices in Murrieta, along with Philadelphia and Rochester, MN, at the Univers...

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Friday, June 17, 2016

Former LA VC Gets Backing For Enterprise Alerting, Micro Apps Startup

Fouad ElNaggar, a former venture capitalist who had been responsible for the Los Angeles office of Redpoint Ventures, has scored funding for a new startup, Sapho. According to Sapho, it has raised $9.5M in a Series A funding, which was led ...

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Friday, June 17, 2016

Vrse Finds $12.6M, Renames Itself Within

Los Angeles-based Vrse, the virtual reality content company headed by Chris Milk, said on Thursday that it has raised $12.56M more in a Series A funding. The funding came from 21st Century Fox, Andreessen Horowitz, Raine Ventures, WME, Live...

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Thursday, June 16, 2016

Greycroft Leads New Investment In Performance Horizon

Venture investment firm Greycroft Ventures, which has an office and is very active in Los Angeles, has led the investment in Performance Horizon, a San Francisco digital marketing software developer. Performance Horizon said that it raised ...

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Thursday, June 16, 2016

Payoff Picks Up $46.7M More

Costa Mesa-based Payoff, a consumer finance startup which helps people consolidate and pay off credit card debt, has raised $46.7M more in a financing, according to a regulatory filing by the company. The filing indicates the funding is par...

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Thursday, June 16, 2016

LogicMonitor Snags Giant, $130M Funding Round

Santa Barbara-based LogicMonitor, which develops IT infrastructure monitoring software, is announcing a gigantic, $130M funding round today, from growth equity fund Providence Strategic Growth (PSG). PSG is the growth equity funding arm of ...

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Thursday, June 16, 2016

Gores Group, Platinum Equity Back Data Blue

Los Angeles-based private equity investors Gores Group and Platinum Equity said this morning that they have backed Data Blue, an Atlanta provider of storage, backup and server virtualization and consolidation solutions for the enterprise ma...

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Wednesday, June 15, 2016

Vow To Be Chic Gets $5M For Bridesmaid Dress Rentals

Los Angeles-based bridesmaid dress rental site Vow To Be Chic, which was founded by Kelsey Doorey, said Wednesday that it has raised $5M in a Series A funding. The company said the funding included Pritzker Group Venture Capital and Wavemak...

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Monday, June 13, 2016

Mucker Capital Backs Ascend Consumer Finance

Los Angeles-based venture investor Mucker Capital is one of the backers of fintech startup Ascend Consumer Finance, as part of a $11M funding round. Ascend said it raised $11M in follow on funding, which included OCA Ventures, Partech Ventu...

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Monday, June 13, 2016

The Virtual Reality Company Finds $23M

Los Angeles-based The Virtual Reality Company, the startup which is developing a virtual reality version of The Martian, has raised $23M in a funding round, according to the company. The funding came from Hengxin Mobile Business Co, Ltd, a...

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Monday, June 13, 2016

AiVita Biomedical Gets $2M

Irvine-based AiVita Biomedical, a biopharmaceuticals company focused on regenerative medicine, has raised $2M in a Series A financing. The funding came from California Technology Ventures. As part of the funding, Alex Suh of CTV will join t...

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Friday, June 10, 2016

Cylance Joins The Unicorn Club

Irvine-based Cylance, the cybersecurity software developer which just announced a $100M funding round this week, appears to have joined the rare club of Southern California "unicorns", with that funding round being valued at more than $1 bi...

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Thursday, June 9, 2016

TVC Capital Backs BitTitan

San Diego-based growth and private equity investor TVC Capital is the lead backer of cloud services company BitTitan, which announced a $15M, Series A financing this morning. According to BitTitan, the funding was led by TVC Capital, and al...

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Thursday, June 9, 2016

Impact Radius Gets $30M For Affiliate Marketing Software

Santa Barbara-based Impact Radius, which develops digital marketing and affiliate marketing software, has raised $30M in a funding round, according to the company. The funding came from Silversmith Capital partners. Impact Radius--let by st...

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Wednesday, June 8, 2016

Cylance Raises $100M In Series D

Irvine-based cybersecurity software developer Cylance has raised $100M in a Series D funding, the company said this morning, in a round led by Blackstone Tactical Opportunities and Insight Venture Partners. The company, which develops artif...

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Wednesday, June 8, 2016

SPACES Wins $30M Virtual Reality Deal In China, Raises $3M

Los Angeles-based SPACES, a developer of virtual reality content, said this morning that it has created a new, $30M joint venture with Chinese theme park operator Songcheng Performance Development Co. Ltd., and also raised a separate, $3M e...

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Wednesday, June 8, 2016

Sorrento Therapeutics Finds $150M In Private Placement

San Diego-based Sorrento Therapeutics, which is developing biopharmaceuticals aimed at cancer and other diseases, said this morning that it has closed on $140M in private placements. The company, which is publicly traded as SRNE on the NASD...

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Tuesday, June 7, 2016

Armorway Picks Up $2.5M For AI Platform

Los Angeles-based Armorway, which develops data analytics software which uses artificial intelligence (AI) for cybersecurity response, has raised $2.5M in a seed funding round. The funding came from Aristos Ventures, private angel investors...

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Tuesday, June 7, 2016

Forentis Fund Launches $50M Personalized Medicine Venture Fund

Murrieta-based Forentis Partners, a new venture capital investment fund, said Monday that it has launched the Forentis Fund, a new, $50M special purpose venture fund specifically focused on bringing personalized medical solutions to market....

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Tuesday, June 7, 2016

QLess Raises $3.5M To Reduce Waiting In Line

Pasadena-based ...

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Monday, June 6, 2016

Event Farm Raises $2.6M In Series A

Los Angeles-based Event Farm, which provides an enterprise, event marketing product which helps event organizers with invites, guest registration, and more, recently raised $2.6M in a Series A funding. The funding brings their total to over...

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Thursday, June 2, 2016

3D Robotics Raises $27M In Ongoing Round

Unmanned aerial vehicle maker 3D Robotics, which was started in San Diego but now is based in Berkeley, has raised nearly $27M as part of what looks to be an ongoing funding round. According to a regulatory filing by the company, the drone ...

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Thursday, June 2, 2016

Loot Crate Raises $18.5M, Tops $100M In Sales

Los Angeles-based Loot Crate announced this morning that it has raised $18.5M in a Series A funding round, for the company's subscription, "fan boxes"--which feature custom, tailored mystery boxes delivered to fans from their favorite enter...

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Wednesday, June 1, 2016

Docupace Raises $16.5M

Los Angeles-based Docupace, a developer of software for financial services firms, said this morning that it has raised $16.5M in a funding round from Palisades Growth Capital and TVC Capital. As part of the funding, Paul D'Addario from Pali...

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Tuesday, May 31, 2016

Qualcomm, Greylock Back Innovium On Networking Semiconductors

Two, Southern California investors--Qualcomm Ventures and Greylock Partners--have backed San Jose-based Innovium, on its efforts to develop semiconductors for the next generation, data center market, Innovium revealed this morning. Innovium...

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Thursday, May 26, 2016

Snapchat's Latest Funding Round Hits $1.8 Billion

Venice, California-based Snapchat has raised $1.8 billion in its Series F funding round, according to a regulatory filing by the firm this morning, in what might be the largest funding round ever for a Southern California startup. Details o...

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Wednesday, May 25, 2016

Victorious Gets $25M For YouTube Celebrity Apps

Santa Monica-based Victoroius, which develops mobile apps focused on YouTube creators and celebrities, has raised $25M in a funding round, the company disclosed on Wednesday. The funding came from Marker Ventures, Dentsu Ventures, Kleiner P...

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Wednesday, May 25, 2016

March Capital Partners' Jim Armstrong On A New, $240M Venture Fund

Santa Monica-based March Capital Partners (www.marchcp.com) has just announced a brand new, $240M venture investment fund, led by longtime venture investing veterans Jim Armstrong, Sumant Mandal, Gregory Milken and Jamie Montgomery. We caug...

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Wednesday, May 25, 2016

Report: Snapchat Looks For $200M At $20 Billion Valuation

A report published this week--which heavily relies on third party assumptions, back calculations, and analysis of regulatory filings--says that Venice, California-based Snapchat is out looking for $200M in funding again, this time valuing t...

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Tuesday, May 24, 2016

March Capital Partners Launches $240M Venture Fund

Santa Monica-based March Capital Partners, the venture capital investment firm founded by venture investment veterans Jim Armstrong, Sumant Mandal, Gregory Milken and Jamie Montgomery, said this morning that it has had a final close on its ...

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Friday, May 20, 2016

Avalon Ventures: Startups Get Milestone Payments, New Company Launched With GSK

San Diego-based Avalon Ventures, and COI Pharmaceuticals, the company established by Avalon to help form new biotech companies, said today that the first two companies that it has formed with GlaxoSmithKline have met their first milestones,...

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Thursday, May 19, 2016

March Capital Partners Backs Dojo Madness

Los Angeles-based March Capital Partners is the lead investor in Berlin-based Dojo Madness, a developer of e-sports content and coaching tools, as part of a $4.5M funding round, Dojo Madness revealed today. The funding round also included I...

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Tuesday, May 17, 2016

Lucid Sight Finds $3M For Virtual Reality Games, Ads

Los Angeles-based Lucid Sight, a developer of an ad-supported, virtual reality game development platform, said today that it has raised $3.5M in a Series A funding. The funding came from Rana Capital Partners and Salem Partners. The company...

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Tuesday, May 17, 2016

PatientPop Raises $10M More

Santa Monica-based PatientPop has raised another $10M in its Series A funding, bringing the amount raised in its first round to $20M, the company said Monday. The funding came from Toba Capital, athenahealth, and Silicon Valley Bank. The co...

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Wednesday, May 11, 2016

The Trade Desk Raises $125M In Credit Facility

Ventura, California-based The Trade Desk, the advertising technology developer led by Jeff Green, has raised $125M in a credit facility, according to the company. The revolving credit facility was led by Citibank N.A., and also included US ...

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Wednesday, May 11, 2016

Crosscut Ventures Backs Blockchain Startup

Los Angeles-based venture investor Crosscut Ventures is one of the backers of a new startup, Fluent, developing blockchain technology for the financial markets. According to Fluent, which is based in Lexington, Kentucky, it raised $1.65M in...

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Tuesday, May 10, 2016

Hyperloop One Raises $80M, Inks Infrastructure Partnerships

Los Angeles-based Hyperloop One--formerly, Hyperloop Technologies--said late Monday that it has raised $80M in a Series B financing round, and inked a list of infrastructure partners. The company, which also said it is conducting its first,...

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Tuesday, May 10, 2016

Tradesy Takes $30M More For Online Luxury Clothing Marketplace

Santa Monica-based online luxury clothing marketplace Tradesy has raised $30M more in a Series C funding, the company disclosed late Monday. The funding was led by Wildcat Capital Management and also included Kleiner Perkins Caufield & Byer...

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Monday, May 9, 2016

Sophiris Bio Raises $5M Via PIPE

San Diego-based biopharmaceuticals firm b>a href="http://www.sophirisbio.com">Sophiris Bio said Friday that it has raised approximately $5M, via a private placement from an investor. The publicly held firm, which trades as SPHS on the NASDA...

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Friday, May 6, 2016

Amgen Backs New $315M Life Sciences Fund

Thousand Oaks-based Amgen has helped to back a new, life sciences fund, managed by San Francisco-based venBio, as an anchor supporter of a new fund. venBio said Friday that it has closed a $315M life sciences fund, venBio Global Strategic F...

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Friday, May 6, 2016

360fly Raises $40M For 360 Degree Camera

Aliso Viejo-based 360fly, which develops a single lens, 360-degree video camera, has raised $40M in a Series C funding, the company said Thursday. The funding was led by L Catterton, Hydra Ventures, and Qualcomm Ventures in the funding. Hyd...

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Wednesday, May 4, 2016

Club W Raises $17.5M, Renames Itself to Winc

Los Angeles-based subscription wine service Club W said this morning that it has raised $17.5M in a Series B funding, and renamed itself to Winc. Winc said that the funding was co-led by Chinese investor Shining Capital, and also included B...

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Wednesday, May 4, 2016

SubPac Finds $6M For Sound Device Startup

Los Angeles-based SubPac, a new startup which is developing a wearable vest and seatback device which lets users feel their music, has raised $6M in a Series A financing. The funding came from Richie Hawtin, Dada Life, Azure Capital, M7 Tec...

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Wednesday, May 4, 2016

Donuts Makes Investment In GeoFrenzy

Donuts, the domain name registration and global top level (gTLD) domain extension operator which has some operations and executives in Los Angeles, said Tuesday that it has made a strategic investment in domain geofencing company GeoFrenzy....

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Tuesday, May 3, 2016

Greycroft, Paige Craig Get Exit As Adobe Buys LiveFyre

Two, Los Angeles area investors--venture investment firm Greycroft Pratners, and angel investor Paige Craig--are among the investors seeing an exit today, as Adobe said acquired blog commenting tools maker LiveFyre. Financial terms of the ...

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Tuesday, May 3, 2016

Frost Data's Maana Finds $26M For Big Data, From Big Oil

Maana, a startup developing big data analytics software--which is backed by San Juan Capistrano-based Frost Data--has raised $26M in a Series B strategic funding round from a host of big oil companies. According to Maana, the strategic fund...

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Tuesday, May 3, 2016

Sixgill Raises $6M For Proximity Sensing

Santa Monica-based Sixgill, a developer of location awareness software aimed at the enterprise market, has raised $6M in a funding round, the company said this morning. The funding was led by an affiliate of DRW Ventures, and also included ...

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Tuesday, May 3, 2016

Sorrento Therapeutics Gets $10M In Private Placement From Yuhan

San Diego-based biopharmaceuticals developer Sorrento Therapeutics says it has raised $10M more, in a private placement from South Korean company Yuhan Corporation. The deal had been announced earlier. Sorrento Therapeutics is developing tr...

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Friday, April 29, 2016

Stance Gets $30M For Lifestyle Apparel Brand

San Clemente-based Stance, which offers up its own lifestyle apparel brand, has raised $30M in a Series D funding, according to the company. The funding came from Mercato Partners, and also included August Capital, Kleiner Perkins Caufield ...

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Friday, April 29, 2016

SLANTRANGE Snags $5M For Agricultural Drone Sensor Technology

San Diego-based Slantrange, a startup developing sensors and analytics systems which are being applied to drones for agriculture, has raised $5M in a Series A funding, according to the company. The funding was led by The Investor Group, and...

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Friday, April 29, 2016

Levyx Lands $5.4M For Big Data Storage

Irvine-based Levyx, a startup developing data storage platforms specifically aimed at accelerating big data software and applications, has raised $5.4M in a Series A funding round, according to the company. The funding was led by OCA Ventur...

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Thursday, April 28, 2016

Sienna Biopharmaceuticals Gets $34M For Aesthetic Medicine Products

Westlake Village-based Sienna Biopharmaceuticals, a new aesthetics and medical dermatology startup, said Thursday that it has raised $34M in a Series A financing round. The funding was led by ARCH Venture Partners, and also included Altitud...

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Thursday, April 28, 2016

Prisyna Gets $6M For Oral Health Products

Claremont-based Prisyna, a unit of Synedgen, said this morning that it has raised $6M in a growth equity investment, to help it advance its products. The funding came from Andrew Miller. Prisyna is developing a treatment called Moistagen, w...

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Wednesday, April 27, 2016

Stem Secures $4.5M

Los Aneles-based Stem, a developer of musicians and content creators to track their content revenues, has raised $4.5M in a funding round, the company disclosed on Tuesday. The funding was led by Upfront Ventures, and also included Mark Cub...

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Tuesday, April 26, 2016

SpaceX Veterans Announce New Satellite Launch Firm, Vector Space Systems

A new, microsatellite launch firm--founded by veterans of SpaceX--said today that it has raised more than $1M to launch the startup. Vector Space Systems led by former SpaceX executive Jim Cantrell, said it raised $1M in an angel funding to...

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Tuesday, April 26, 2016

Finistere Ventures, International Farming Corporation Form New Venture Fund

San Diego-based Finistere Ventures, and farming giant International Farming Corporation (IFC) said today that they have launched a new venture fund, Willow Hill Ventures. According to the two, Willow Hill Ventures will focus on providing gr...

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Monday, April 25, 2016

NimbleSchedule Raises $4M

Carlsbad-based Nimble Software Systems, the maker of NimbleSchedule, a cloud-based software product for employee scheduling and tracking tools, has raised $4M in a Series A funding. The funding came from SEEK LTD. Nimble Software said the f...

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Thursday, April 21, 2016

Acorns Gets $30M From PayPal, Rakuten For Investing App

Newport Beach-based Acorns, the developer of a mobile app which turns your spare change into investments in an exchange traded fund (ETF), has raised $30M in a new funding round from PayPal and Rakuten, the company disclosed today. The star...

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Wednesday, April 20, 2016

SkySafe Finds $3M In Funding To Disable Rogue Drones

San Diego-based SkySafe, a developer of technology to disable--and take over--rogue consumer drones, has raised $3M in a seed funding, the company disclosed today. The funding was led by Andreessen Horowitz, and also included Founder Collec...

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Wednesday, April 20, 2016

Brighter Picks Up $21M For Dental Marketplace

Santa Monica-based online dental marketplace Brighter, founded by serial entrepreneur Jake Winebaum, has raised $21M in a Series D funding round. The funding was led by General Catalyst, and also included DAG Ventures, Mayfield, Benchmark C...

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Tuesday, April 19, 2016

Giftagram Raises $3.2M For Mobile Gifting

Los Angeles- and Toronto-based Giftagram, which develops mobile gifting apps, said today that it has raised $3.2M in a venture funding round, from a long list of angel investors. The company--which is led by Jason Reid--develops iOS and And...

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Friday, April 15, 2016

Ponder, Backed by Tinder Founders, Launches Photo, Video Sharing App

Los Angeles-based Ponder, a new startup backed by Tinder founders Sean Rad and Justin Mateen, along with Mark Cuban and Greylock Partners, has launched a new photo and video sharing app. The new app applies the swipe left-and-right ethos of...

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Friday, April 15, 2016

Illumina Creates New, $100M Venture Fund

San Diego-based life sciences equipment maker Illumina has created a new, $100M venture capital fund, the company said Thursday afternoon, which will focus on investments in early stage companies that are pioneering new applications of nucl...

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Friday, April 15, 2016

Southern California VC Totals Drop To $810.5M In Q1

Southern California startups raised $810.5M in venture capital in Q1, according to the latest MoneyTree Report by PricewaterhouseCoopers and the National Venture Capital Association, based on data from Thomson Reuters. Southern California v...

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Wednesday, April 13, 2016

mPulse Mobile Ups Funding To $13M

Los Angeles-based mPulse Mobile, which develops mobile healthcare software, has upped its recent funding round to $13M. The company--which announced the first tranche of a Series A in January, worth $10M--said the new funding came from Camb...

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Tuesday, April 12, 2016

Compellon Raises $6.7M

Rancho Santa Margarita-based Compellon, a developer of data analytics software, has raised $6.7M in a Series A funding. The funding was led by Kairos Ventures, which invested $3M in the first tranche of the Series A funding. Compellon said ...

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Thursday, April 7, 2016

Clutter Finds $20M More

Los Angeles-based on-demand, full service self-storage startup Clutter has raised $20M in a Series B funding round, the company said this morning, in a round led by Sequoia Capital. Clutter, which was founded by Ari Mir and Brian Thomas, of...

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Thursday, April 7, 2016

Airmap Lands $15M

Santa Monica-based Airmap, which operates an airspace mapping service for drone manufacturers, has raised $15M in a funding round, the firm said today. The funding came from General Catalyst Partners, and also included Lux Capital, Social C...

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Thursday, April 7, 2016

CrownPeak Gets $50M In Merger With UK Company

Los Angeles-based web content management software developer CrownPeak has raised $50M in a funding round, and merged with UK-based ActiveStandards, according to the two companies. The investment round came from K1. According to the companie...

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Wednesday, April 6, 2016

Anchore, Founded by Ansible, Eucalpytus Vet, Raises $2.5M

Santa Barbara-based container software technology developer Anchore, which was founded by veterans of Ansible, has raised $2.5M in a funding round, the company disclosed today. The funding came from Menlo Ventures and e-ventures. Anchore is...

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Wednesday, April 6, 2016

Clapit Raises AU$2.57M

Los Angeles- and Sydney, Australia-based Clapit, a startup developing a social media crowdsourcing app, said it has raised AU$2.57M ($1.94M US), to bring its mobile app to market. The seed funding came from Australia angels Mark Moran and P...

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Tuesday, April 5, 2016

Bombd Sets Up Shop In Venice, Aims At Social Networking

Bombd, a startup which develops a social networking and messaging app revolving around sharing instant photos with others, has set up shop in Venice Beach. The startup--originally started in Australia--said its team and founders have moved ...

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Tuesday, April 5, 2016

Sorrento Gains $150M In Private Placement

San Diego-based biopharmaceuticals developer Sorrento Therapeutics says it has raised $150M in a private placement, in the publicly traded company. According to Sorrento Therapeutics, the new funding was led by Ally Bridge Group, and also i...

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Wednesday, March 30, 2016

Invoca Picks Up $30M More

Santa Barbara-based Invoca, the developer of call tracking software used by marketers, has raised $30M more in a Series D funding, the company said this morning. The funding was led by Morgan Stanley Alternative Investment Partners, along w...

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Wednesday, March 30, 2016

Zavante Therapeutics Gets $45M

San Diego-based Zavante Therapeutics, a biopharmaceuticals firm developing injectable antibiotics, has raised $45M in a Series A financing round. Zavante said the investment was led by Frazier Healthcare Partners and Longitude Capital, and ...

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Tuesday, March 29, 2016

Three Day Rule Adds $1.2M For Matchmaking Service

Santa Monica-based Three Day Rule, the personal matchmaking startup led by Talia Goldstein, has raised $1.2M more in funding, the company disclosed on Tuesday. The $650,000 of thefunding came from the Dallas Angels Network, with the rest co...

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Tuesday, March 29, 2016

Figtree Financing Finds $30M For Energy Funding

San Diego-based Figtree Financing, provider of clean energy project (PACE) financing, has raised $30M in a Series A funding round, according to the company. The funding came from an un-named institutional investor. Figtree Funding, which is...

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Tuesday, March 29, 2016

Memorang Gets $500K For Flash Card Study Tool

Los Angeles-based Memorang, the developer of a flash-card based, study tool to help people study for such things as the MCAT, GRE, NBME, and a host of other tests, has raised $500,000 in a funding round, the company is announcing this morni...

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Thursday, March 24, 2016

Forbes Midas List Skips SoCal, Again

In what has been a familiar refrain, the annual Midas List ranking by Forbes Magazine of the most influential venture capitalists has completely skipped Southern California's venture capital community, although it did credit the position ...

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Thursday, March 24, 2016

Visionary VR Gets $6M

Los Angeles-based Visionary VR has raised $6M in a Series A round, the company said on Wednseday, led by DFJ. The round also included The Venture Reality Fund, BDMI, GC VR Gaming Tracker Fund (Greycroft Partners), Vayner/RSE, and End Cue, a...

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Thursday, March 24, 2016

HG Data Takes $12M More For Market Analytics

Santa Barbara-based HG Data has raised $12M in a Series B funding, the company announced today, for it market analytics and intelligence information. The startup said the funding was led by Updata Partners, and also included Rincon Venture ...

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Wednesday, March 23, 2016

Survey: SoCal Startups Optimistic Even As Venture Capital Tightens

A new survey, released this week by Silicon Valley Bank, finds that even as the availability of venture capital in Southern California is tightening, and lofty unicorn valuations are declining, startup entrepreneurs are still optimistic abo...

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Wednesday, March 23, 2016

HomeUnion Finds $16M For Rental Investments

Irvine-based HomeUnion, a crowdfunding site focused on rental real estate investments, has raised $16M in a Series B funding, the company said Tuesday. The funding came from Colchis Capital, Northgate Capital, and Tamarisc along with Artim...

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Wednesday, March 23, 2016

Digsy Expands To Silicon Valley, Backed By Angel Funding

Irvine-based Digsy, an online search service for finding commercial office, warehouse or retail space, said today that it has launched into Silicon Valley and San Francisco. The startup also revealed a funding by investors Gil Amelio (forme...

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Wednesday, March 23, 2016

ImpediMed Raises $56.8M In Private Placement

ImpediMed, a developer of medical devices used to measure, monitor, and manage fluid status in patients, said Tuesday that it has raised $56.8M in a private placement. The company--which is based in Australia, but has its U.S. headquarters ...

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Tuesday, March 22, 2016

Acutus Medical Raises $75M

Carlsbad-based Acutus Medical, a developer ofmedical equipment for diagnosing and imaging cardiac arrhythmia, has raised $75M in a Series C funding, the company said this morning. The financing round came from Deerfield Management Company, ...

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Thursday, March 17, 2016

Startup Weekend Ventura County Winner Gets $10,000

Camarillo-based Semtech, which manufactures analog and mixed-sginal semiconductors, says the winner of the recent Startup Weekend Ventura County event, which was held in Camarillo last weekend, has been awarded $10,000 in seed funding. Semt...

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Wednesday, March 16, 2016

FloQast Finds $6.5M For Accounting Software

Los Angeles-based FloQast, a new software startup developing month-end closing software for accountants, has raised $6.5M in a Series A funding, the company said today. The funding was co-led by Polaris Partners and Toba Capital, and also i...

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Wednesday, March 16, 2016

Black Diamond Ventures Adds Managing Partner

Los Angeles-based investor Black Diamond Ventures said today that it has named John Kispert as a Managing Partner at the company. Kispert was most recently CEO of Spansion, and also served at KLA-Tencor and IBM, and also sits on the boards ...

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Wednesday, March 16, 2016

Ring Scores $61.2M Funding Round For Home Security Expansion

Santa Monica-based Ring, the developer of the smartphone connected, video doorbell of the same name, has raised $61.2M in a big, Series C funding round this morning. The startup, led by Jamie Siminoff, said that the new funding round came f...

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Thursday, March 10, 2016

Soothe Picks Up $35M More For On Demand Massage Service

Los Angeles-based on-demand, massage service Soothe has raised another $35M in funding to expand its service into more cities, the company said on Thursday. The funding came from the Riverside Company. Soothe is led by Merlin Kauffman, and...

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Thursday, March 10, 2016

Mucker Capital Raises $45M Fund, Mucker III

Los Angeles-based Mucker Capital said this week that it has closed on a new, $45M fund, Mucker III. The fund, run by Erik Rannala and William Hsu, did not detail the limited partners in the new fund. Mucker Capital started fundraising for t...

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Thursday, March 10, 2016

500 Startups Extends Presence To Los Angeles

Venture capital investor 500 Startups appears to be extending its presence in the Los Angeles area, with the appointment of Jess Erickson as LA Program Director at the firm. 500 Startups has not said what Erickson will focus on with the new...

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Tuesday, March 8, 2016

ZEFR Raises $5M More

Venice, California-based ZEFR, the content monetization technology developer, has raised $5M more in what appears to be a convertible debt funding. According to a regulatory filing by the company, the debt funding came from 10 investors. Th...

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Tuesday, March 8, 2016

Amgen Backs Tizona Therapeutics In $43M Funding

Thousand Oaks-based Amgen has made another investment this morning in immunology startup Tizona Therapeutics, via its venture capital arm, Amgen Ventures. According to Tizona Therapeutics, it completed a $43M Series B financing round, which...

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Tuesday, March 8, 2016

TVC Capital Backs Celigo

San Diego-based software growth equity investor TVC Capital has backed Celigo, a developer of software to integrate cloud-based applications. Celigo said this morning that it has raised $8M in an expansion capital round, its first instituti...

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Friday, March 4, 2016

Report: Snapchat Raises $175M More

Venice-based instant messaging app maker Snapchat has raised another $175M in funding, according to the WSJ this morning, from Fidelity Investments. According to the report, the new funding values Snapchat at $16 billion, the same valuation...

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Friday, March 4, 2016

Comparably.com, Led By Jason Nazar, Raises $6.5M For Pay Transparency, Culture

Santa Monica-based Comparably.com, a new startup led by longtime entrepreneur Jason Nazar, has raised $6.5M in a funding round, and launched a new platform to help people compare pay and culture between companies. The funding round was led ...

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Thursday, March 3, 2016

Mave Finds Seed Funding For Personal Concierge Startup

Santa Monica-based Mave has raised seed funding, for a yet-to-be-launched personal concierge startup, according to Fortune this morning. The new startup was founded by Emily White, a former executive of Snapchat and Instagram. Details on th...

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Thursday, March 3, 2016

Pathmatics Gets $3M For Advertising Analytics Software

Santa Monica-based Pathmatics, a startup developing analytics software for analyzing the programmatic advertising market, has raised $3M in a Series A funding. The funding was led by Bertelsmann Digital Media Investments (BDMI), and also in...

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Wednesday, March 2, 2016

Sorrento Therapeutics In South Korean Joint Venture

San Diego-based biopharmaceuticals developer Sorrento Therapeutics and South Korean pharmaceuticals firm Yuhan Corporation said today that they have formed a new joint venture, ImmuneOncia Therapeutics. The companies said that the new compa...

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Tuesday, March 1, 2016

The Trade Desk Quietly Pushes Past $200M In Revenues

Ventura, California--despite a number of growing high tech startups--has not been known for buildling multi-million dollar Internet companies. However, The Trade Desk, the advertising software developer led by Jeff Green, has quietly pushed...

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Friday, February 26, 2016

55Haitao Gets $15M For Chinese Shopping

Pasadena-based 55Haitao.com, a Chinese shopping site which acts as a forum and shopping guide for Chinese consumers, has raised $15M in a Series A financing, the company said today. The funding was led by JJ Capital, a Chinese venture capit...

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Friday, February 26, 2016

Rincon Backs Software QA Developer

Santa Barbara-based venture investor Rincon Venture Partners is one of the investors in San Francisco-based Rainforest QA, which recently announced a $12M, Series A funding. Rainforest QA develops tools to help automate software quality ass...

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Thursday, February 25, 2016

Peloton Snags Strategic Investment For Financial Communications

West Hills-based Peloton Document Solutions, a company developing software which helps investment bankers, private equity investors, and companies to communicate financial information via interactive documents, has scored a strategic invest...

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Thursday, February 25, 2016

SOCi Scores $2.25M For Social Media Marketing Tools

San Diego-based SOCi, a developer of social media management and marketing software, has raised $2.25M in funding, the company said Wednesday. The funding came from angels Taner Halicioglu (Facebook), Doug Hecht (Digitaria), and venture com...

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Thursday, February 25, 2016

Overnight Raises $2.5M For Booking Last Minute Rooms

Los Angeles-based Overnight, a brand new travel booking app startup which aims to connect last minute travelers with local hosts, has raised $2.5M in a seed funding, the company is announcing this morning. The funding was led by Accomplice ...

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Thursday, February 25, 2016

Signal Sciences Raises $9.7M, Launches DevOps Security Tools

Venice, California-based Signal Sciences, a developer of security tools aimed at the DevOps market, said this morning that it has raised $9.7M in a Series A round, and launched its products. The company said its Series A was raised in 2015,...

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Wednesday, February 24, 2016

Upfront Backs Deliv In $28M Funding, Alongside UPS

Deliv, the same day delivery provider which crowdsources couriers for delivering products for such companies as TheBouqs, has raised $28M in a Series B funding. Deliv, said the funding came from the UPS Strategic Enterprise Fund, along with...

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Tuesday, February 23, 2016

Razer Raises $75M From Chinese Company

Carlsbad-based videogame accessory and products maker Razer has raised $75M from Chinese company Hangzhou Liason Interactive, according to Hangzhou Liason. Other details of the investment were not announced. Hangzhou Liason Interactive is a...

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Monday, February 22, 2016

Nomva Raises $3M For Fruit Snacks

Santa Monica-based food startup Nomva (Phenomenal Foods LLC) said last week that it has raised $3M in a Series A funding. The funding came from Evolution Media Partners and Taylor Fresh Foods. Nomva was founded by Caroline Beckman and Nina ...

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Friday, February 19, 2016

Attn: Gets $18.5M For News Site

West Hollywood-based Attn:, a company which publishes an online news site focused on social topics like economic mobility, civil rights, education, criminal justice, and the environment, has raised $18.5M in a funding round, the company dis...

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Friday, February 19, 2016

eFFECTOR Therapeutics Boosts Series B To $56M

San Diego-based eFFECTOR Therapeutics, which is developing gene translation technology to help in the treatment of cancer, has boosted its Series B funding to $56M, the company said Friday. The company--which raised $40M in the round back i...

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Wednesday, February 17, 2016

ZeaKal Raises $5.3M, Acquires Algenetix

San Diego-based ZeaKal, a biotechnology startup which is looking to increase yields of plants by improving their ability to photosynthesize, has raised $5.3M in a Series B financing, the company said this morning. As part of the funding, Ze...

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Tuesday, February 16, 2016

Akarna Therapeutics Gets $15M

San Diego- and Cambridge, England-based Akarna Therapeutics Ltd. announced this morning that it has raised $15M in a Series B funding round. The biopharmaceutials company, whch is working on treatments for non-alcoholic steatohepatitis (NAS...

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Wednesday, February 10, 2016

Pasadena Angels Release 2015 Investment Totals

The Pasadena Angels investment group released its investment totals for 2015 this week, saying that it has invested $5.0M across 27 deals in 2015, bringing its total invested since the group was started to over $65M in over 175 companies. T...

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Wednesday, February 10, 2016

ViaSat, Eutelsat In Satellite Joint Venture

Carlsbad-based ViaSat and Eutelsat Communications are in a satellite broadband joint venture in Europe, the two said Tuesday, which will provide high speed Internet services in Europe. The two said they will initially use Eutelsat's KA-SAT...

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Tuesday, February 9, 2016

Amplyx Ups Total Funding To $51.5M For Fungal Infection Treatment

San Diego-based Amplyx Pharmaceuticals, a developer of treatments for life threatening fungal infections, said it has added a new investor to its Series B funding, and has now raised a total of $51.5M for the company. 3x5 Partners joined in...

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Tuesday, February 9, 2016

Toast Labs Gets Seed Funding, Launches Food App

El Segundo-based Toast Labs, a new startup led by The Honest Co. veteran Ashley King, said today that it has raised a seed round of funding, and launched its first app, Dysh. The startup said it recently closed a seed funding round from BAM...

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Tuesday, February 9, 2016

Cognitive Logic Picks Up $3M From Upfront Ventures

Cognitive Logic, a developer of business analytics software, has raised $3M in a seed funding from LA's Upfront Ventures, along with IA Ventures. The investment in UK-based Cognitive Logic was led by Upfront's Mark Suster. Cognitive Logic w...

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Tuesday, February 9, 2016

American Solar Direct Lands Investment Funding For Rooftop Solar

Los Angeles-based residential solar energy provider American Solar Direct has raised a round of investment, from Dubai-based solar developer and investor Adenium Energy Capital. Size of the funding round was not announced. American Solar Di...

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Tuesday, February 9, 2016

KnGrid Raises Funding Round

Orange County-based KGrid, a cleantech startup working on electric car charging stations, said it has received an investment from German utility RWE, via RWE New Ventures LLC. Financial terms of the investment were not announced. KnGrid sai...

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Monday, February 8, 2016

CytRx Raises $40M Via Term Loan

Los Angeles-based biopharmaceuticals developer CytRx said this morning that it has raised $40M via a long term, loan facility. The financing came from Herculus Technology Growth Capital and Hercules Technology III, L.P. The 48-month term lo...

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Friday, February 5, 2016

Report: Honest Co. Prepping For IPO, Hires Bankers

A report Friday from Bloomberg says that Los Angeles-based Honest Co. is prepping for an IPO, and has hired a set of investment bankers for the effort. Bloomberg--citing "people familiar with the matter"--said Honest Co. has hired Goldman S...

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Friday, February 5, 2016

WiSilica Connects With $3M For Bluetooth Technology

Aliso Viejo-based WiSilica, a developer of Bluetooth Low Energy (BLE) hardware and software, has raised $3.35M in a Series A funding, according to the company. The funding was led by FirstFloor Capital, and also included Anchor Asia Managem...

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Friday, February 5, 2016

Wevr Finds $25M For Virtual Reality Studio, Network

Venice, California-based Wevr has raised $25M in a funding round, for the company's virtual reality studio efforts, the company announced Friday. The funding came from strategic investors, including TC, Samsung Ventures, Evolution Media Par...

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Thursday, February 4, 2016

Tribogenics Gets Funding From Nikon

Los Angeles-based Tribogenics, which is developing handheld, X-ray technology, has scored a strategic investment from Nikon, via its subsidiary, Nikon Americas Inc. Size of the investment was not announced. According to Tribogenics, the fun...

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Thursday, February 4, 2016

Hortau Raises $10M For Irrigation Management Systems

San Luis Obispo-based Hortau, a developer of commercial, irrigation management systems, has raised $10M in a financing round. The funding was led by Advantage Capital Agribusiness Partners, LP (ACAP) and also included BDC Capital, Avrio Ven...

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Wednesday, February 3, 2016

The Bouqs Company Finds $12M For Flower Delivery

Venice, California-based The Bouqs Company, the direct, cut-to-order flower delivery provider led by John Tabis, is announcing today that it has raised $12M in a Series B funding. The funding brings the company's total raised to $20M. The B...

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Wednesday, February 3, 2016

5D Robotics Finds $5.5M For Robotics Navigation

Carlsbad-based 5D Robotics, a developer of positioning and navigation tools aimed at robot navigation, has raised $5.5M in a seed funding. Names of the seed investors in the company were not disclosed. 5D Robotics said its software uses dat...

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Tuesday, February 2, 2016

Susa Ventures Seeks $50M For Second Fund

Susa Ventures, an early stage investment firm which has an office in Los Angeles, is looking to raised a $50M, second fund, Susa Venture II, according to a recent regulatory filing. Details on the fundraising effort have not been announced ...

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Tuesday, February 2, 2016

Synoptek Acquires Earthlink's IT Services Business

Irvine-based Synoptek, a managed services provider backed by private equity investors, said Monday that it has acquired EarthLink's IT Services business. Financial details of the acquisition were not disclosed. As part of the acquisition, S...

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Tuesday, February 2, 2016

Biosynthetic Technologies Gets $100M Loan Guarantee From USDA

Irvine-based Biosynthetic Technologies, a developer of high performance biobased oils targeting the automotive and industrial lubricant market, has received a $100M loan guarantee from the U.S. Department of Agriculture, according to the co...

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Monday, February 1, 2016

3BLACKDOT Gets Funding From Legendary Entertainment

Los Angeles-based 3BLACKDOT, which develops mobile entertainment titles, has raised a round of strategic funding from Legendary Entertainment. Size of the funding was not announced. 3BLACKDOT is the developer of mobile game Zombie Killer Sq...

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Monday, February 1, 2016

Atom Tickets Raises $50M For Mobile Ticketing Apps

Santa Monica-based Atom Tickets, the developer of a mobile app which lets users find and buy movie tickets for groups, has raised $50M in a funding round, the company disclosed over the weekend. The funding came from Lionsgate, which led th...

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Friday, January 29, 2016

Report: Los Angeles, New York Better For Female Founders

A report, issued earlier this week by venture firm the Female Founders Fund, says that Los Angeles, and New York, are better markets than Silicon Valley to find funding for female founders. According to the fund, it tallied up Series A inve...

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Friday, January 29, 2016

Naritiv Raises $3M For Snapchat Content

Los Angeles-based Naritiv, a new startup developing a network of content creators for Snapchat, has raised $3M in a funding round, the company said Thursday. The startup--founded by Dan Altmann and Eric Posen--says it is enabling the creati...

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Thursday, January 28, 2016

Steamboat Ventures Seeks New $100M Fund

Steamboat Ventures, the venture capital firm linked to The Walt Disney Company, is seeking to raised $100M for its latest fund, Steamboat Ventures V. The investment firm--which once was located in Burbank--has shifted its operations to Hong...

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Thursday, January 28, 2016

SnapMD Raises $5.3M

Los Angeles-based SnapMD, the developer of a virtual healthcare and telemedicine platform, has raised $5.3M in a Series A funding, the company said today. The funding came from Shea Ventures, TYLT Labs and Whittier Ventures. The startup, le...

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Thursday, January 28, 2016

eKomi Expands Board After Investment From Goldman Sachs

Los Angeles- and Berlin-based eKomi, a developer of software to solicit ratings and reviews from e-commerce customers, has added Anastassia Lauterbach to its board of directors. Lauterbach has served on the boards of Dun & Bradstreet, Kaspe...

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Wednesday, January 27, 2016

Disney Accelerator Alumni StatMuse Picks Up $10M Round

StatMuse, one of the companies to emerge out of the Disney Accelerator in Burbank last fall, said this morning that it has raised $10M in a Series A funding round. The round came from Techstars, The Walt Disney Company, Allen & Co., Greycro...

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Wednesday, January 27, 2016

FACEIT Finds $15M, Sets Up Shop In LA

FACEIT, a online, competitive gaming site founded in London in 2012, says that it has set up shop in Los Angeles, and raised $15M in a Series A funding round. The funding round came from Anthos Capital, Index Ventures, and United Ventures. ...

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Wednesday, January 27, 2016

Memeni Gets $2.5M For Community Software

Newport Beach- and Tel Aviv-based Memeni, which develops a social software plaform to help brands create their own, online communities, has raised $2.5M in an angel investment round, the company disclosed Tuesday. Names of those investors w...

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Wednesday, January 27, 2016

Halozyme Raises $150M In Debt Funding

San Diego-based biopharmaceuticals developer Halozyme Therapeutics said yesterday that it has raised $150M in royalty-backed, debt financing. The financing came from Pharmakon Advisors and Athyrium Capital Management. According to the compa...

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Tuesday, January 26, 2016

Qualcomm Ventures Loses Top Executive

Qualcomm Ventures, the venture capital arm of San Diego-based Qualcomm, has left the company and joined Microsoft. Nagraj Kashyap, who has headed up Qualcomm's venture efforts for the last 12 years, apparently is leaving for a similar role ...

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Tuesday, January 26, 2016

HopSkipDrive Gets $10.2M For Kids' Ridesharing Service

Los Angeles-based HopSkipDrive, the kids' ridesharing service which is led by Joanna McFarland, said today that it has raised $10.2M in a Series A funding. The funding was led by FirstMark Capital, and also included Greycroft Partners and P...

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Thursday, January 21, 2016

Upfront Ventures Backs Waldo Photos In $5M Funding

Los Angeles-based venture capital investor Upfront Ventures is putting its money behind a startup, Waldo Photos, which is looking to make it a lot easier for you to find photos of yourself taken by other people. According to Waldo Photos, U...

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Thursday, January 21, 2016

bioTheranostics Gets $32M For Cancer Diagnostics

San Diego-based bioTheranostics announced this morning that it has raised $32M in a funding round, and a spinout from parent company bioMerieux. The molecular diagnostics company said the funding was led by MVM Life Science Partners, and al...

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Wednesday, January 20, 2016

LoanHero Gets $2.5M For Consumer Lending Startup

San Diego-based LoanHero, a startup which helps merchants easily offer up financing to their end customers, has raised $2.5M in seed funding, the company said Wednesday. The funding was led by Alsop Louie Partners and Mucker Capital. LoanHe...

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Wednesday, January 20, 2016

FreedomPop Raises $50M More

Los Angeles-based free mobile wireless service FreedomPop has raised $50M more for its service, the company said today. Source of the new funding was not disclosed. FreedomPop says it has now raised over $109M in funding. The funding will g...

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Wednesday, January 20, 2016

CapLinked Raises $3.5M More

Los Angeles-based CapLinked, the developer of a cloud-based platform for secure, enterprise document sharing for financing and other deal management, has raised $3.5M more in a funding round, according to the company. The funding was led by...

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Tuesday, January 19, 2016

LeisureLink Picks Up $17M More For Vacation Rental Booking

LeisureLink which provides booking and distribution software for the vacation rental industry, announced today that it has raised $17M in a funding round. The funding came from Clearstone Ventures, Kinderhook Industries, and Escalate Capit...

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Tuesday, January 19, 2016

Illumina Makes Another Investment In Twist Bioscience

San Diego-based life sciences maker Illumina has participated in another investment round for San Francisco-based DNA synthesis startup Twist Bioscience, in a new Series D funding for that company. Twist announced a $61M Series D financing ...

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Tuesday, January 19, 2016

Southern California Sees Boom In Venture Investments In Q4

Think there is a technology investment slowdown? That's definitely not the case in Southern California, which saw a massive, $1.3 billion invested in venture capital in Q4 of 2015, according to the latest numbers released over the weekend b...

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Monday, January 18, 2016

Qualcomm In Chinese Joint Venture

San Diego-based Qualcomm and the People's Government of Guizhou Province are in a joint venture, focused on the design and sales of server chipsets in China, the two said on Sunday. According to the two, the joint venture is worth approxima...

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Friday, January 15, 2016

March Capital Backs VeloCloud In Series C Funding

Santa Monica-based venture capital investor March Capital Partners is the lead investor in a developer of cloud networking technology, VeloCloud Networks, as part of a new $27M funding round for that company. VeloCloud, which is based in Si...

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Friday, January 15, 2016

Unmute Picks Up $2.2M In Seed Funding

Los Angeles-based Unmute, which develops mobile apps to let people share and interact in live phone calls, has raised $2.2M in a seed funding, the company said Friday. The funding came from Greycroft Partners, and also included Comcast Vent...

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Thursday, January 14, 2016

MindTouch Picks Up $12M For Customer Self Service Software

San Diego-based MindTouch, a developer of software-as-a-service tools to help companies create self-service, customer support sites, has raised $12M in a Series A funding. The funding came from PeakSpan Capital, along with SK Ventures and S...

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Wednesday, January 13, 2016

Mitu Raises $27M For Latino Digital Media

Santa Monica-based digital media firm mitu, which focuses on the Latino youth market, is announcing this morning that it has raised $27M in a Series C funding. mitu, which is led by Roy Burstin, said the new round includes AwesomenesssTV, W...

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Wednesday, January 13, 2016

Qualcomm, TDK Launch $3 Billion Joint Venture

San Diego-based Qualcomm and Tokyo-based TDK Corporation said very late last night that the two companies are forming a new, joint venture--RF360 Holdings Singapore PTE. Ltd.--to focus on development of RF front end modules and RF filters. ...

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Tuesday, January 12, 2016

mPulse Gets $10M For Mobile Health Software

Los Angeles-based mPulse a developer of mobile software to help health plans better communicate with their clients, has raised $10M in a Series A funding round. The funding came from HLM Venture Partners, along with OCA Ventures, Merrick Ve...

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Tuesday, January 12, 2016

Grindr Sells Majority Stake To Chinese Gaming Firm For $93M

Los Angeles-based mobile dating app developer Grindr has raised $93M for its gay dating apps, from Chinese gaming firm Beijing Kunlun Tech Co.. Grindr said late Monday that it sold a 60% stake in the company to Beijing Kunlun Tech Co., valu...

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Monday, January 11, 2016

Semtech Invests In MultiPhy For 100G Optical Module Technology

Camarill-based analog and mixed signal semiconductor company Semtech, and optical networking technology developer MultiPhy Ltd. said this morning that the two are partnering to deliver a chipset for 100G, single wavelength optical modules. ...

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Monday, January 11, 2016

BioAtla Raises $45M For Antibody Therapeutics

San Diego- and Beijing-based BioAtla, a biotech startup focused on Conditionally Active Biologic (CAB) antibody therapeutics, announced over the weekend that it has raised $45M in funding. The funding came from the Global BIO Impact Fund (G...

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Friday, January 8, 2016

Bruin Biometrics Raises $9M

Los Angeles-based Bruin Biometrics, a developer of a hand-held medical devices for detecting early-stage pressure ulcers, said this morning that it has raised $9M in a funding round. Names of the investors were not announced by the company...

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Thursday, January 7, 2016

Amgen Backs Alector For Alzheimer's Treatment

Thousand Oaks-based biotech giant Amgen is the a new investor in a round for Alector, a developer of immuno-modulatory therapies for Alzheimer's disease and other neurogenerative disorders, which announced a $29.5M funding today. Alector sa...

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Thursday, January 7, 2016

Gem Takes $7.1M For Blockchain Security

Venice-based Gem, the blockchain security and technology developer led by Micah Winkelspecht, said Wednesday that it has raised $7.1M in its Series A funding. The funding was led by Pelion Venture Partners, and also included KEC Ventures, B...

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Thursday, January 7, 2016

Source Intelligence Gets $17.5M

Carlsbad-based Source Intelligence, a provider of supply chain compliance services and data, has raised $17.5M in an investment round, according to the company. The funding came from Kayne Partners. Source Intelligence said the funding goes...

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Thursday, January 7, 2016

RASRx Finds Funding For Muscular Dystrophy Treatment

RASRx, a biopharmaceuticals startup developing an oral therapy to treat muscle degeneration, has scored funding from venture philanthropy company CureDuchenne Ventures, CureDuchenne Ventures announced Tuesday. Size of the funding was not an...

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Tuesday, January 5, 2016

Techstars Healthcare Accelerator Deadline Approaches

The Techstars Healthcare Accelerator, the new startup accelerator in Los Angeles which is being run by Cedars-Sinai and Techstars, said its deadline for applications closes this Friday, January 8th. The accelerator--the second for Techstar...

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Tuesday, January 5, 2016

Greenwave Systems Raises $60M

Irvine-based Greenwave Systems, a developer of a platform used for managing Internet--Things systems, router, video, and wireless products, said today that it has raised $60M in funding. The funding included $45M in a Series C equity fundin...

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Tuesday, January 5, 2016

GlySens Picks Up $20M More For Glucose Monitoring

San Diego-based Glysens, a developer of continuous glucose monitoring systems, has picked up $20M in a Series D financing round. According to GlySens, the new round ccame from its prior investors from its Series C funding, plus additional n...

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Tuesday, January 5, 2016

Halozyme Finds $150M In Debt Financing For Cancer Efforts

San Diego-based Halozyme Therapeutics, the publicly held cancer therapeutics developer, has entered into a $150M credit agreement, the company said this morning. The debt funding comes from Pharmakon Advisors and Athyrium Capital Management...

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Monday, January 4, 2016

Factual's Elbaz Backs Quartzy

Gil Elbaz, the founder of Los Angeles-based data startup Factual, is one of the backers of a developer of lab management software for the research, biotech, and pharma industry today. Palo Alto-based Quartzy said this morning that it raised...

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Monday, January 4, 2016

Incipio Snags Private Equity Investment

Irvine-based mobile accessory maker Incipio has scored an investment from private equity investor Goode Partners, the company announced this morning, via a minority investment. Incipio did not disclose the size of the investment. Incipio s...

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Monday, January 4, 2016

What I Learned In 2015: Hamet Watt, Upfront Ventures

Over the last week or so, we've featured the reflections of our readers on 2015 and what it has meant for Southern California's technology industry. Our last contribution comes from Hamet Watt, a venture capitalist at Upfront Ventures (www....

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Wednesday, December 30, 2015

What I Learned In 2015: Jeb Spencer, TVC Capital

All this week, we're featuring reflections on the past year from movers and shakers in the community. Today, we have the thoughts of Jeb Spencer of TVC Capital (www.tvccapital.com), a software focused growth equity fund which just raised ...

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Tuesday, December 29, 2015

What I Learned In 2015: Lawrence Ng, OnRamp Fund

As is the tradition at socaltech, over the holidays we publish contributions from some of the movers and shakers in the community, with their reflections on the past year and their thoughts on the upcoming year. Today's thoughts are from ...

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Monday, December 28, 2015

What I Learned In 2015: Arteen Arabshahi, Karlin Ventures

As is a tradition for socaltech, we feature reflections on the past year from those in the community all during the last week of the year. For today's contribution, we have the thoughts of Arteen Arabshahi, a venture capitalist at Karlin Ve...

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Tuesday, December 22, 2015

eFFECTOR Therapeutics Picks Up $40M For Cancer Treatments

San Diego-based eFFECTOR Therapeutics, a biopharmaceuticals startup focused on treatment of cancer, announced this morning that it has raised $40M in a Series B funding. The funding was led by Altitude Life Science Ventures and also includ...

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Monday, December 21, 2015

Neural Analytics Gets $10M For Concussion Assessment Devices

Los Angeles-based Neural Analytics, which is developing medical devices to help first responders and other medical professionals to diagnose and assess Traumatic Brain Injury (TBI), announced today that it has raised $10M in a Series A fund...

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Monday, December 21, 2015

Axonics Modulation Technologies Raises $38.5M

Irvine-based Axonics Modulation Technologies, which develops medical devices for treating overactive bladder and other issues, has raised $38.5M in a Series B funding. The funding came from Advent Life Sciences, Cormorant Asset Management, ...

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Friday, December 18, 2015

District2 Finds Funding For Fashion Marketplace

Los Angeles-based District2, a startup which is developing a business-to-business marketplace for fashion suppliers and designers, has raised a round of equity funding, from Saandaga Capital Corporation. Size of the funding was not announce...

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Thursday, December 17, 2015

Matcherino, With San Diego Founder, Finds $1.25M For eSports Startup

Matcherino, an online crowdfunding startup focused on funding eSports matches, has raised $1.25M in a funding round, the company said today. The startup--whose co-founder, Mario Gutierrez, is based in San Diego--said the funding was led by ...

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Thursday, December 17, 2015

Tastemade Raises $40M

Santa Monica-based food content and programming startup Tastemade has raised $40M in a Series D funding, the company announced this morning, to further expand its content channels. Tastemade said the funding was led by Goldman Sachs' Mercha...

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Wednesday, December 16, 2015

Abacus Data Systems Acquired By Providence Equity

La Jolla-based Abacus Data Systems, a developer of software to help law firms manage their practices, has been acquired by private equity investor Providence Equity, the companies announced today. Financial details of the deal were not anno...

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Wednesday, December 16, 2015

University Of California Raises $250M Venture Fund

The University of California system said Tuesday that it has launched a new venture capital fund, with $250M in investments, to specifically invest in opportunities emerging from the University of California's ten campuses. The UC System sa...

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Wednesday, December 16, 2015

Hallux Raises $7.1M

Laguna Hills-based Hallux, a pharmaceuticals startup developing treatments for oncychomycosis, has raised $7.1M in a Series A funding. The funding came from Deerfield Management. Hallux is developing a priiorietary terbinafine product for t...

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Tuesday, December 15, 2015

Pinkberry, Backed By Venture Investors, Acquired By Kahala Brands

Los Angeles-based frozen yogurt chain Pinkberry--which is backed by venture investors--has been sold to Arizona quick serve restaurant operator Kahala Brands. Financial details of the deal were not disclosed. Pinkberry is one of the few, un...

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Monday, December 14, 2015

Elon Musk Backs Billion Dollar Artificial Intelligence Effort

Elon Musk, the billionaire technology mogul behind SpaceX, has put some money behind--surprisingly--an effort to help developer artificial intelligence research. Musk--who has voiced his concerns over artificial intelligence taking over the...

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Monday, December 14, 2015

AltheaDx Raises $30M In Series C

San Diego-based personalized medicine technology developer AltheaDx has raised $30M in a Series C funding, according to the company. The funxing was led by WuXi Healthcare Ventures, and also included WuXi PharmaTech, Ally Bridge Group and A...

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Friday, December 11, 2015

Oncam Raises $7M For Group Video Calling App For Celebrities

Los Angeles-based Oncam, a new startup developing group video calling apps, has raised $7M in a funding round, according to the company. The funding was led by Tonn Investments, and also included un-named high net worth individuals and firm...

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Friday, December 11, 2015

Arrowroot Capital Raising $50M Investment Fund

Santa Monica-based Arrowroot Capital, an investment firm which invests in software-as-a-service and Internet-based businesses, said in a regulatory filing that it is raising a $50M fund. No details on the fund have been announced by Arrowro...

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Thursday, December 10, 2015

Factual Finds $35M In Series B

Los Angeles-bassed data startup Factual, which is led by Gil Elbaz, said Thursday that it has raised $35M in a Series B funding round. The funding came from Altpoint Ventures, Andreessen Horowitz, Data Collective, Haystack Partners, Heritag...

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Thursday, December 10, 2015

DataScience Raises $22M

Culver City-based DataScience, led by former Sometrics' founder Ian Swanson, said today that it has raised $22M in a Series B funding. The funding was led by Whitehart Ventures, and also included Greycroft Partners. DataScience says it is u...

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Thursday, December 10, 2015

SteelHouse Adds $49M In Funding

Los Angeles-based advertising software developer SteelHouse is announcing this morning that it has raised $49M in a new funding round. The funding was led by Mercato Partners, and also included Staley Capital and Silicon Valley Bank. SteelH...

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Wednesday, December 9, 2015

Interlude Scores $18.2M From MGM

Interule, a media startup which says it is developing video that responds to a person's emotions and interests, has raised $18.2M in a new funding round. The funding came from Metro-Goldwyn-Mayer Studios (MGM), along with Sequoia Capital, I...

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Wednesday, December 9, 2015

Illumina Invests In Desktop Genetics

San Diego-based life sciences equipment maker Illumina has made an investment in UK-based Desktop Genetics Ltd., Desktop Genetics said late last night. Financial details of the investment round were not announced. Desktop Genetics Ltd devel...

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Tuesday, December 8, 2015

Hyperloop Technologies In Deal For Test Site In Las Vegas, Eyes $80M round

Los Angeles-based Hyperloop Technologies, one of the startups looking to bring Elon Musk's grand idea for high speed transportation to life, has inked a deal for a test site in North Las Vegas, as it looks to complete an $80M, Series B fund...

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Tuesday, December 8, 2015

Qualcomm Backs Maker Of Low Cost, Highly Accurate GPS Receivers

San Diego-based Qualcomm has made an investment in a developer of low cost, highly accurate GPS receivers, via its investment arm, Qualcomm Ventures. San Francisco-based Swift Navigation, which develops a low cost, highly accurate GPS recei...

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Tuesday, December 8, 2015

Lenny Lands Funding For Microloans

Santa Monica-based Lenny, a startup which develops a mobile app and service which provides microloans to Millennial students, said today that it has raised a new round of funding. Size of the seed funding was not announced. According to Len...

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Tuesday, December 8, 2015

MD Revolution Finds $23M

San Diego-based MD Revolution, a developer of chronic care management and patient care software, has raised $23M in a funding round. The funding was led by Jump Capital. MD Revolution said it has now raised over $30M in funding. MD Revoluti...

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Monday, December 7, 2015

Ashton Kutcher, Sound Ventures Back Gigster In $10M Funding

Ashton Kutcher and his Los Angeles-based venture firm, Sound Ventures, are one of the backers of a new startup which says it can offer up on-demand, software development and design services. San Francisco-based Gigster said this morning tha...

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Monday, December 7, 2015

Shoes Of Prey Raises $15M, Sets Up Shop In Santa Monica

Shoes Of Prey, a fashion startup which allows women to custom order shoes to their specifications, has raised $15M in a Series B funding, and set up shop in Santa Monica, according to the company. The startup--which was started in Australia...

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Friday, December 4, 2015

Enlibrium Finds $15M For Cancer Drugs

San Diego-based Enlibrium announced Thursday that it has raised $15M in a Series A financing, to go towards cancer therapeutics. The funding was led by Avalon Ventures and TPG Biotech, and also included Correlation Ventures and Osage Univer...

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Thursday, December 3, 2015

Crew32, Led By Jason Nazar, Gets $5.2M In Funding Round

Santa Monica-based Crew32, a stealth startup founded by Docstoc founder Jason Nazar, Betterworks, Geni, and Yammer co-founder George Ishii, and InvestedIn and MySpace co-founder Yadid Ramot, has raised $5.2M, as part of an ongoing $6.0M fun...

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Thursday, December 3, 2015

3PL Central Raises $17.5M For Warehouse Management Software

Manhattan Beach-based 3PL Central, a developer of warehouse management software, announced Thursday that it has raised $17.5M in a funding round. The funding came from Mainsail Partners. 3PL Central, which was founded by John Watkins and Na...

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Thursday, December 3, 2015

Hollar Picks Up $17.5M For Bargain Gifts Site

Santa Monica-based Hollar, a startup which offers up a wide range of low cost, bargain priced gifts, has raised $17.5M in a funding round, according to a regulatory filing. The funding came from Index Ventures, Lightspeed Venture Partners, ...

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Thursday, December 3, 2015

Younity Finds $8M For Cloud Media Storage Service

San Diego-based Younity is announcing this morning that it has raised $8M in a Series A funding, for its cloud-based media storage service. The funding was led by Marker LLC, and also including Draper Associates and PROfounders Capital. You...

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Wednesday, December 2, 2015

JMI Equity Backs UK's Avecto

San Diego-based private equity investor JMI Equity has backed Avecto, a developer of endpoint security software, based in the UK, to the tune of $49M. Avecto said that Jit Sinha and Suken Vakil, both of JMI Equity, will join the company's b...

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Tuesday, December 1, 2015

Core Innovation Capital Backs Mirador Lending

Los Angeles-based fintech investor Core Innovation Capital is again the lead on an investment in a cloud-based financial software company, Mirador. Mirador said today that it has raised $7M in a Series A funding for its startup, which is de...

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Monday, November 30, 2015

Greycroft Raises $200M For New Venture Fund, Greycroft IV

In what is good news for Southern California's venture backed startups, one of the region's most active investors, Greycroft Partners, has raised $200M in its fourth fund. Greycroft said it just closed Greycroft IV as of today, bringing its...

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Wednesday, November 25, 2015

Travo Takes $2.4M For Business Travel Reservations

Los Angeles-based Travo, a startup developing a service to help business travelers book business trips, has raised $2.4M in a seed funding round. The funding came from Great Oaks Venture Capital, Baroda Ventures, Valence Ventures, TYLT Lab,...

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Wednesday, November 25, 2015

Goldstar Events Raises $20M

Pasadena-based Goldstar Events, the event ticketing firm led by James McCarthy, has raised a little over $20M in a funding round, according to a regulatory filing by the firm. No details on that funding--which look to be the company's firs...

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Wednesday, November 25, 2015

Mixcord Raises $1M For Social Sharing App

Los Angeles-based Mixcord, a startup developing a mobile app which lets performers record, synchornize, and share their vocal harmonies, dances and skits, has raised $1M in a seed funding round. The funding came from Mucker Capital, Social ...

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Tuesday, November 24, 2015

PatientPop Picks Up $10M

Santa Monica-based PatientPop, a startup developing software for healthcare providers, has raised $10M in a Series A funding, according to the company. The funding came from Toba Capital. The startup, founded by Luke Kervin and Travis Schne...

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Monday, November 23, 2015

Dollar Shave Club Ups Funding Round To $90.7M

Los Angeles-based Dollar Shave Club, the subscription razor delivery startup led by Michael Dubin, has upped its latest funding round to $90.7M, and is aiming at raising over $100M, according to a regulatory filing by the company. The addit...

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Friday, November 20, 2015

Razer Plans Venture Capital Fund

Irvine-based videogame accessory and hardware maker Razer is planning on launching a new, corporate venture capital fund, starting next year, according to a report. Razer, which is led by Min-Liang Tan, reportedly plans to invest in compani...

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Friday, November 20, 2015

Kuddly Connects With $1.5M

Newport Beach-based Kuddly, a new startup which is creating a mobile marketplace for pet health care, has raised $1.5M in a seed funding round. The funding came from Exponential Partners. Kuddly operates a mobile, pet health care marketplac...

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Thursday, November 19, 2015

OpenHouse Realty Gets $13.5M For Real Estate Search

Santa Monica-based Open House Realty, the real estate software developer led by Mazen Fawaz, has raised $13.5M in a Series A funding, the company disclosed today. The funding came from Triangle Peak Partners and March Capital Partners. The ...

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Tuesday, November 17, 2015

Numecent Finds $15.5M More

Irvine-based virtualization software provider Numecent disclosed this morning that it has raised $15.5M in a Series B funding round. The funding was led by Deutsche Telekom. Numescent, which was founded by Osman Kent, developers software wh...

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Monday, November 16, 2015

ZoneTV Raises $4.1M

Santa Monica-based ZoneTV, a provider of services to the pay television industry, said this morning that it has raised $4.1M in a seed funding round. The round was led by BEST Funds. ZoneTV said it provides personal, dynamic TV experiences ...

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Friday, November 13, 2015

Alphaeon Raises $70M For Healthcare, Beauty Products

Irvine-based Alphaeon , a developer of healthcare and beauty products, has raised a Series B funding round from Sailing Capital, H&S Ventures LLC, Longitude Capital and Chow Tai Fook Enterprises. Size of the funding was not announced by the...

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Thursday, November 12, 2015

Panjo Picks Up $4.6M

Santa Monica-based Panjo, which operates an online marketplace for automotive and sport enthusiasts, said this morning that it has raised $4.6M in a Series A funding round. The funding came from Spark Capital, along with The New York Times ...

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Thursday, November 12, 2015

NextVR Gets $30.5M For Virtual Reality Broadcasting

Laguna Beach-based NextVR announced this morning that it has raised $30.5M in a Series A funding, to help extend its virtual reality broadcasting technology. The funding was led by Formation 8, and also included Time Warner Investments, Com...

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Wednesday, November 11, 2015

VideoAmp Gets $15M For TV And Video Tools

Santa Monica-based VideoAmp, which says it is developing a "screen optimization platform" aimed at the TV and video ecosystem, said today that it has raised $15M in a Series A funding round. The funding was led by European investor RTL Grou...

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Wednesday, November 11, 2015

TigerText Raises $50M In Series C

Santa Monica-based secure messaging provider TigerText has raised $50M in a Series C financing, the company said this morning, to help it with its growth efforts. The new round was led by Norwest Venture Partners, and also included Invus Gr...

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Wednesday, November 11, 2015

Amplyx Pharmaceuticals Gets $40.5M For Anti Fungal Drugs

San Diego-based Amplyx Pharmaceuticals announced this morning that it has raised $40.5M in a Series B funding round. The company, which is developing treatments for fungal infections, said the funding was led by RiverVest Venture Partners, ...

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Monday, November 9, 2015

Avalon Ventures Spins Out New Company, Iron Horse Therapeutics

San Diego-based venture investor Avalon Ventures, along with biopharmaceuticals firm GSK said this morning that the two companies are spinning out a new company, Iron Horse Therapeutics, backed by $10M in funding. According to the two, the ...

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Monday, November 9, 2015

Western Digital In Chinese Joint Venture

Irvine-based disk drive and storage maker Western Digital Corp. said this morning that it has create a new, Chinese joint venture, to market and sell its data center storage systems in China. Western Digital and Unisplendour Corporation sai...

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Thursday, November 5, 2015

17 Media Raises $10M For Photo, Video Streaming App For Celebs

Los Angeles- and Taipei, Taiwan-based 17 Media announced Thursday that it has raised $10M in a Series A funding, for the company's video and photo streaming app specifically aimed at entertainers, celebrities, and influencers. The funding w...

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Thursday, November 5, 2015

Interlude Gets Strategic Investment From Samsung

Interlude, a video-based, media and technology company with operations in Los Angeles, which says it has created a video technology which responds to a person's emotions and interests, has raised a strategic funding from Samsung Ventures. S...

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Thursday, November 5, 2015

TicketManager Gets $20M

Calabasas-based TicketManager, the developer of entertainment and sports ticket management software, said Thursday morning that it has raised $20M in a Series B funding round. The funding came from Kayne Partners and Point Judith Capital. T...

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Thursday, November 5, 2015

Biological Dynamics Finds $26.8M For Cancer Diagnostics

San Diego-based molecular diagnostics startup Biological Dynamics announced this morning that it has raised $26.8M in a Series C financing. The funding included Heritage Group, Alexandria Venture Investment, and Irwin Jacobs, the co-founder...

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Wednesday, November 4, 2015

Verge Genomics, Founded By UCLA Scientists, Raises $4M In Seed Funding

Verge Genomics, a biopharmaceuticals startup founded by scientists out of UCLA, said Tuesday that it has raised $4M in a seed financing round. The funding was led by IA Ventures, and also included Two Sigma Ventures, Draper Associates, Grea...

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Wednesday, November 4, 2015

OncoSec Raises $7.5M In PIPE

San Diego-based OncoSec Medical said Tuesday that it has raised $7.5M in a registered direct offering, with un-named, institutional investors. The publicly traded company, which trades on the NASDAQ as ONCS, develops cancer immunotherapy pr...

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Tuesday, November 3, 2015

FreedomPop Gets Funding From Intel Capital

Los Angeles-based free broadband wireless and phone provider FreedomPop has received an investment from Intel Capital, the venture capital arm of Intel, as part of a set of investments announced by Intel on Tuesday. Intel--which announced t...

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Tuesday, November 3, 2015

iboss Cybersecurity Finds $35M

San Diego-based iboss, a cybersecurity software developer focused on large, distributed organizations, said it has raised $35M in a Series A funding round. The funding came from Goldman Sachs' Private Capital Investing group. As part of the...

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Monday, November 2, 2015

Crinetics Pharmaceuticals Finds $40M

San Diego-based Crinetics Pharmaceuticals, a company developing treatments for endocrine disorders, said this morning that it has raised $40M in a Series A funding. The funding was led by 5AM Ventures, Versant Ventures, and Vivo Capital. As...

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Friday, October 30, 2015

Amplify.LA Kicks Off Fundraising For Third Fund, Amplify.LA Capital III

Venice, California-based startup accelerator Amplify.LA has kicked off fundraising for a third fund, Amplify.LA Capital III, according to a regulatory filing from the firm. The filing indicates the accelerator is targeting $10.0M in funding...

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Thursday, October 29, 2015

Aira.IO Finds Seed Funding To Assist The Blind Using Google Glass

La Jolla-based Aira.IO, a developer of software tools which use Google Glass to help the blind and low-vision individuals, has raised $790,000 in a seed funding round, the company said this morning. The funding came from Lux Capital and ARC...

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Wednesday, October 28, 2015

Alteryx Finds $85M For Data Analytics Sofwtare

Irvine-based Alteryx, which develops data analytics software, said today that it has raised $85M in an investment round. The round as led by Iconiq Capital and Insight Venture Partners, and also included Meritech Capital Partners. The start...

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Wednesday, October 28, 2015

Two Bit Circus Gets $6.5M To Take STEAM Carnival National

Los Angeles-based Two Bit Circus, the producer of STEM-related, experiential entertainment led by Brent Bushnell, has raised $6.5M in a Series A funding. The funding came from Techstars Ventures, Foundry Group, and Intel Capital. The compan...

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Wednesday, October 28, 2015

Connectifier Raises $6M In Series B For Search Driven Recruiting Software

Costa Mesa-based Connectifier, the developer of recruiting search software led by John Jersin, has raised $6M in a Series B funding, the company said this morning. The Series B funding was led by Goldcrest Capital. The company has now raise...

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Wednesday, October 28, 2015

Blockade Medical Finds Funding For Stroke Treatment

Irvine-based Blockade Medical, a company which is developing medical devices for the treatment of cerebral aneurysms and ischemic stroke, has raised a round of equity funding. Size of the round was not announced. Blockade Medical said the i...

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Tuesday, October 27, 2015

Zebit Gets $10M For Financial Services Startup

La Jollla-based Zebit, a new financial startup which is offering up what it says is "no-cost" financing to the underbanked, has raised $10M in a Series A funding, and launched its services. According to ZeBit, the funding came from Crosslin...

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Tuesday, October 27, 2015

Open Listings Finds $1M

San Diego-based Open Listings says it has raised $1M in a seed funding round, for the company's home buying service. The funding came from Y Combinator, Soma Capital, ChinaRock Capital, I/O Ventures, Joe Montana & Liquid2 Ventures, Kevin Ha...

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Tuesday, October 27, 2015

Petnet Picks Up $4M For Pet Feeding Gadget

Los Angeles-based Petnet has raised $4M in a funding round, to go towards the company's automated pet feeders, according to the company. The funding came from Black River Ventures, Aspiration Growth, iRobot and Amazon Alexa Fund. According ...

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Friday, October 23, 2015

Clutter Raises $9M From Sequoia For On Demand Self Storage

Los Angeles-based Clutter, an on-demand, self-storage startup which helps consumers store and organize their belongings, has raised $9M in a Series A funding. The funding came from Sequoia Capital. As part of the funding, Omar Hamoui of Seq...

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Wednesday, October 21, 2015

Techstars Launches New Healthcare Accelerator In LA

Startup accelerator operator Techstars has opened up a its second, startup accelerator in Los Angeles today, the Techstars Healthcare Accelerator. The new accelerator is being run alongside Cedars-Sinai, and will focus on health and healthc...

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Wednesday, October 21, 2015

DigiTour Media Raises Around $10M In Funding

Los Angeles-based DigiTour Media, which produces events and concerts centered on YouTubers and other social media celebrities, has reportedly raised around $10M in a funding round, from Viacom, LionTree Entertainment, and Slow Ventures. The...

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Wednesday, October 21, 2015

Kaleo Software Finds $7.0M For Employee Knowledge Sharing

El Segundo-based Kaleo Software has raised $7.0M in a funding round, to go towards its employee knowledge sharing software. The funding was led by OMERS Ventures and also included Saturn Partners, Karlin Ventures, Qualcomm Ventures, Double ...

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Tuesday, October 20, 2015

cielo24 Gets $5M For Video Search, Captioning API

Santa Barbara-based Cielo24, a developer of technology to which helps caption and make online video searchable, has raised $5M in a Series A funding. The funding was led by ff Venture Capital, and also included North Base Media, Pereg Ventu...

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Tuesday, October 20, 2015

Science 37 Raises $6.5M

Los Angeles-based Science 37, a provider of technology-enabled, clinical research services, has raised $6.5M in a Series A funding round. The funding was co-led by Lux Capital and dRx Capital. Science37, which is led by CEO Noah Craft, says...

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Monday, October 19, 2015

NantWorks Pays $50M For Majority Stake In Precision Biologics

Los Angeles-based NantWorks said this morning that it has acquired a majority stake in Precision Biologics with a $50M investment in the company. Precision Biologics is a biopharmaceutical company which is developing tumor-specific monoclon...

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Friday, October 16, 2015

17hats Finds $4M To Build Tools For Solo Entrepreneurs

Pasadena-based 17hats, a startup that develops business management software aimed specifically at solo entrepreneurs (solopreneurs), has raised $4M in a Series A funding. The funding was led by Wavemaer Partners, and also included Talmadge ...

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Friday, October 16, 2015

Southern California Companies Raise $1.46B In VC In Q3 2015

Southern California has seen another, big venture capital investment quarter, with companies raising $1.46 billion across the region in Q3 of 2015, according to the latest numbers released by the PricewaterhouseCoopers/NVCA MoneyTree surv...

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Thursday, October 15, 2015

Service Finds $3.1M In Seed Funding

Los Angeles-based startup Service, a new, on-demand startup looking to channel the frustration and anger of customers not happy with their customer service from other companies, has raised $3.1M in a seed funding round, the company said thi...

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Wednesday, October 14, 2015

Illumina Puts More Funding Into 23AndMe

San Diego-based DNA sequencing equipment maker Illumina has joined in a new venture funding round for high profile, genetic testing startup 23andMe. 23andMe said this morning that it has raised $115M in a Series E funding round, which was l...

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Tuesday, October 13, 2015

InvestCloud Gets $45M For Software For Investment Advisors

Los Angeles-based InvestCloud, a developer of cloud-based software to help investment advisors manage their customer experience and customer service, has raised $45M in a funding round, the company said Tuesday. The funding was led by FTV C...

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Tuesday, October 13, 2015

FabFitFun Finds $3.5M

Los Angeles-based FabFitFun, a subscription-based, lifestyle brand focused on women, has raised $3.5M in a first round of funding, the company said this morning. The funding came from New Enterprise Associates and Upfront Ventures, who led ...

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Monday, October 12, 2015

Patara Pharma Raises $26M

San Diego-based Patara Pharma, a biopharmaceuticals company developing treatments for allergic and inflammatory diseases and conditions, said today that it has raised $26M in a Series A funding round. Sourec of the funding was not announced...

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Thursday, October 8, 2015

Hixme Raises $10.4M For Health Insurance Efforts

Agoura-based Hixme Insurance Solutions, which is developing a platform to help employers with managing health insurance, disclosed Wednesday that it has raised $10.4M in a Series A funding. The funding came from Kleiner, Perkins, Caufield &...

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Tuesday, October 6, 2015

Skurt Raises $1.3M For On-Demand Car Rentals, Starting With LAX

A new, Los Angeles-based startup, Skurt, said Tuesday that it has raised $1.3M in a seed funding round, and launched an on-demand, rental car service at Los Angeles International Airport. The company--led by Harry Hurst, Aaron Peck, and Jos...

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Tuesday, October 6, 2015

ZestFinance Gets $150M In Debt Financing

Los Angeles-baesd online lender ZestFinance said today that it has raised $150M in debt financing, from Fortress Investment Group. ZestFiance said the funding goes towards the company's Bastix loan service, which is aimed at providing loans...

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Tuesday, October 6, 2015

Former Oversee Founder Lawrence Ng Links Up With Metamorphic Ventures

Lawrence Ng, the former founder of Oversee.net--who is now running an asset management company called LNG Management--has linked up with New York City-based venture capital firm Metamorphic Ventures. According to LNG Management, Ng has beco...

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Monday, October 5, 2015

IDrive Launches New, $10M Startup Fund

Calabasas-based IDrive, the provider of online backup storage led by Raghu Kulkarni, has launched a new, $10M startup fund called IDrive Ventures, the company said Friday. The company said it has already investe in four different companies ...

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Monday, October 5, 2015

Obvious Ventures To Announce $50,000 Investment Prize In Hollywood Next Week

Obvious Ventures, the venture investment firm co-founded by Twitter founder Ev Williams and James Joaquin of When.com/Ofoto/Xoom, is announcing a $50,000 investment in one of 50 startups being featured at a conference in Hollywood next week...

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Monday, October 5, 2015

Wellington Financial Launches New $300M Fund

Venture lending and specialty finance provider Wellington Financial, which has offices in Santa Monica, said late last week that it has closed on a new, $300M fund. The company said its $300M Fund V goes towards providing growth capital to ...

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Friday, October 2, 2015

Vrse Finds Funding For Virtual Reality Content

Los Angeles-based Vrse, a new virtual reality content company, said Thursday that it has raised a round of funding, and appointed Drew Larner as Chief Operating Officer. Vrse said it received the seed funding round earlier in the year, from...

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Thursday, October 1, 2015

Renovate America Raises $90M For Energy Saving Financing

San Diego-based Renovate America has raised $90M in an equity financing round, from Silver Lake Kraftwerk, DFJ Growth, and others, the company disclosed Thursday. The company helps arrange finacing for residential, clean energy projects, wo...

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Thursday, October 1, 2015

General Assembly Raises $70M More

General Assembly, the co-working and education startup which is extremely active in the Los Angeles area, has raised $70M in a new funding round. The funding came from Advance Publications and Wellington Capital Management, and also include...

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Thursday, October 1, 2015

Elcelyx Therapeutics Gets $40M For Diabetes Treatment

San Diego-based Elcelyx Therapeutics, which is developing treatents for type 2 diabetes, said this morning that it has raised $40M in a Series E funding round. The funding came from new investor Sailing Capital, Clough Capital Partners, as ...

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Wednesday, September 30, 2015

TenOnTen Ventures Gets $13.18M In New Venture Fund

Los Angeles-based TenOnTen Ventures, the venture capital investor founded by David Waxman and Gil Elbaz, has found $13.18M in commitments for a new venture fund, from 21 different investors, according to a regulatory filing by the fund. Det...

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Wednesday, September 30, 2015

Jemae Finds $1.3M For Fashion Startup

Los Angeles-based Jemae, a fashion startup which offers up designer products which help benefit humanitarian projects, said Wednesday that it has raised $1.3M in a seed funding round. The funding came from strategic investors JS Apparel, In...

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Tuesday, September 29, 2015

uBeam Raises $10M More For Wireless Charging Efforts

Los Angeles-based uBeam, a startup developing wireless phone chargers that use sound waves to transmit energy across a room, disclosed Monday that it has raised $10M in a convertible note, which came from angel investors including Ken Hertz...

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Monday, September 28, 2015

PhageTech Finds $2.4M For Biosensors For Disease Detection

Irvine-based PhageTech, a developer of disease detection sensors, said late Monday morning that it has raised $2.4M in a funding round. The Series A funding came from Mark IV Capital and Black River Investments. According to PhageTech it is...

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Monday, September 28, 2015

Walker & Company Brands Finds Funding From Upfront Ventures, Magic Johnson

Two, Los Angeles-area investors--Upfront Ventures, and basketball legend Magic Johnson, have backed the maker of a brand of razors and other health and beauty products aimed at people of color. Walker & Company Brands, the maker of the Beve...

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Monday, September 28, 2015

Qualcomm To Invest $150M In Startups In India

San Diego-based Qualcomm is planning to invest $150M in startups in India, the company said this weekend in an event with India's Prime Minister, Narendra Modi. According to Qualcomm, the investment will be directed by Qualcomm Ventures. Qu...

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Monday, September 28, 2015

GenomeDx Biosciences Receives Debt Financing

San Diego-based GenomeDx Biosciences, a developer of annotated, genomics research information databases, has received an expansion financing from healthcare investor CRG, the company said this morning. Size of the funding was not announced....

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Tuesday, September 22, 2015

CoverHound Raises $33.3M

CoverHound, which has offices in Westlake Village, and is also one of the portfolio firms of Los Angeles-based venture investor Core Innovation Capital, has raised $33.3M in a Series C funding. The company now reportedly has a valuation of ...

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Tuesday, September 22, 2015

Qualcomm Joins In $110M Funding For Cloudflare

San Diego-based Qualcomm is joining Google and Microsoft in a big, $110M funding round for Cloudflare, the provider of web site security and caching services. CloudFlare said the $110M round was led by Fidelity, and also included Google Cap...

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Monday, September 21, 2015

Qualcomm Backs Home Healthcare Startup In India

San Diego-based Qualcomm has invested in a home healthcare startup based in Bangalore, India, via its venture arm, Qualcomm Ventures. According to Portea Medical on Sunday, it raised $37.5M in a Series B funding, led by Accel, and also incl...

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Monday, September 21, 2015

Jaunt Finds $65M To Open VR Studio In Los Angeles

Jaunt, a developer of cinematic, virtual reality hardware and software, said this morning that it has opened up a new, virtual reality studio in Los Angeles, after receiving $65M in a Series C funding. The funding came from Burbank-based Th...

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Monday, September 21, 2015

Headspace Gets $34M For Meditation App

Venice, California-based Headspace, the developer of a mobile app that helps people meditate, has raised $34M in a funding round, the company disclosed over the last few days. The funding came from The Chernin Group, and also included Advan...

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Wednesday, September 16, 2015

HelloTech Gets $12.5M

Los Angeles-based HelloTech, the in-home, IT and technology help service founded by tech veteran Richard Wolpert, has raised $12.5M in a new funding round. The funding was led by Madrona Venture Group, and also included Upfront Ventures, Cr...

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Wednesday, September 16, 2015

Moviepilot Raises $16M In Series B Funding

Moviepilot, the movie and entertainment website led by Tobi Bauckhage, has raised $16M to help the company expand into gaming content and social video. According to Moviepilot, the funding was led by French publisher Webedia, and also inclu...

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Wednesday, September 16, 2015

Hercules Technology Growth Capital Opens Southern California Office

Hercules Technology Growth Capital, a venture debt financing company that serves the venture capital-backed startup market, said today that it is expanding into Southern California. According to the company, it has opened up a Los Angeles o...

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Tuesday, September 15, 2015

HouseCall Gets $6M For Mobile Services Booking Software

San Diego-based HouseCall, which develops mobile software to let consumers book home services appointments, along with offering up home services contractors with scheduling and related tools, has raised $6M in a funding round. The company d...

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Tuesday, September 15, 2015

MeUndies Raises $5.7M In Ongoing Funding Round

Los Angeles-based MeUndies, the e-commerce provider focused on undergarments, has raised $5.7M as part of an ongoing, $12.0M funding round, according to a recent regulatory filing by the company. Details on that funding have yet to be annou...

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Tuesday, September 15, 2015

Enevate Finds $30M For Battery Technology

Irvine-based Enevate, which is developing Lithium-ion (Li-ion) battery technology, said this morning that it has raised $30M in a Series B funding. The funding came from Infinite Potential Technologies, Tsing Capital and Mission Ventures al...

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Monday, September 14, 2015

Avalon Ventures Gets Commitments Of $103M In New, $300M Fund

La Jolla-based venture capital investor Avalon Ventures has just received a $103M commitment to a new, $300M fund, according to a regulatory filing by the firm. The filing indicates that, so far, the fund has 26 investors in the first sale....

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Friday, September 11, 2015

Orexigen Gets $60M In Private Placement

San Diego-based Orexigen Therapeutics, the publicly held biotech developer, said Thursday that it has raised $60M in a private placement. The funding came from The Baupost Group, LLC. Orexigenn Therapeutics said the new funding will go towa...

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Wednesday, September 9, 2015

Chalk Digital Gets Seed Funding For Mobile Ad Technology

San Diego-based Chalk Digital, a provider of location-based, mobile advertising technology aimed at local businesses, said today that it has raised a seed funding round. Size of the funding was not announced. The funding came from Composite...

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Wednesday, September 9, 2015

The Black Tux Finds $25M For Online Tuxedo Rentals

Santa Monica-based The Black Tux, which provides online tuxedo and formalwear rentals, has raised $25M in a Series B funding. The funding was led by Stripes Group, and also included First Round Capital and Menlo Ventures. According to the ...

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Wednesday, September 9, 2015

Cool Planet Gets More Funding

Cool Planet, the startup which is developing technology that converts carbon dioxide into an agricultural soil amendment, announced this morning that it has raised an additional financing round. The company--which was started in Camarillo, ...

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Tuesday, September 8, 2015

SetPoint Medical Raises $15M

Valencia, California-based SetPoint Medical, which is developing medical devices for treating inflammatory diseases, said this morning that it has raised $15M in a Series C1 funding round. The funding came from an un-named, sstrategic inves...

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Thursday, September 3, 2015

MACRO Gets Funding For Muticultural Content

Los Angeles-based MACRO, which says it is developing content for the African American, Latino, and multicultural market, says it has raised a initial round of funding. Size of the investment round was not announced. The funding was led by E...

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Wednesday, September 2, 2015

Zirx Aims At LA's Parking Problem, After Funding From BMW

Are you one of the companies in Los Angeles that just doesn't have enough parking for your employees? One of the on-demand, parking services that serves Los Angeles---Zirx, said this morning that it is specifically looking to solve those is...

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Wednesday, September 2, 2015

Mobcrush Takes $11M For Mobile Game Streaming

Santa Monica-based live game streaming startup Mobcrush has raised $11M in a Series A round, the company said Tuesday. The startup--led by Royce Disini--said the funding round was le dby Kleiner Perkins Caufield & Byers, and also included R...

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Wednesday, September 2, 2015

Saucey Raises $4.5M For On-Demand Alcohol Delivery App

Los Angeles-based Saucey, a provider of an on-demand, alcohol delivery app said it has raised $4.5M in a seed funding round. The funding came from Blumberg Capital, Structure Capital, Altpoint Ventures, T5 Capital, HashtagOne, as well as in...

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Tuesday, September 1, 2015

Shift Technologies Gets $50M More

Shift Technologies, the online marketplace for used cars which has major operations in Los Angeles, has raised $50M in new funding for the startup, the company said today. The funding was led by Goldman Sachs Investment Partners (GSIP), and...

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Tuesday, September 1, 2015

Super League Scores Funding To Bring Minecraft To A Theater Near You

Santa Monica-based Super League, a startup which is running Minecraft tournaments at movie theaters, said today that it has raised a Series B funding round. Size of the funding round was not disclosed. The funding came from Cinemark Theatre...

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Tuesday, September 1, 2015

Hyper Martial Arts Gets $400K In Debt Funding

Huntington Beach-based lifestyle brand Hyper Martial Arts, which develops high-intensity, martial arts training curriculum, has raised $400,000 in debt funding. The funding came from Lighter Capital. The company said the funding will go tow...

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Monday, August 31, 2015

Water Planet Raises Series B Funding

Los Angeles-based Water Planet, which develops water treatment membranes, said today that it has raised a new, Series B funding round. Size of the funding was not disclosed. Water Planet said the investment came from Air Liquide's ALIAD Cor...

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Friday, August 28, 2015

Yuneec Gets $60M From Intel

Yuneec Holdings, the Chinese robotic drone maker which runs its U.S. operations out of Ontario, California, has received $60M in an investment round from Intel, Intel announced this week. Yuneec--which makes the Typhoon Q500 Quadcopter--run...

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Friday, August 28, 2015

Siemer Summit 2015 Announced, Tim Draper To Keynote

The Siemer Summit, the invite-only conference which has been organized by technology investment banking firm Siemer & Associates for the last four years, is returning this year, according to the firm. According to Siemer & Associates, this ...

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Thursday, August 27, 2015

Cornerstone OnDemand Invests In Four Companies

Santa Monica-based Cornerstone OnDemand, the developer of cloud-based, talent management software, said this morning that it has made investments in four companies, from the Cornerstone Innovation Fund. The investments went to One Month, wh...

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Wednesday, August 26, 2015

ReShape Medical Raises $38M For Weight Loss Medical Device

San Clemente-based ReShape Medical, which develops a non-surgical, weight loss device, said today that it has raised $38M in a Series D funding round. The funding was led by HealthCor Partners Management, L.P., and also included Endeavor Vi...

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Wednesday, August 26, 2015

HelloTech Nears $10M Round, Says Report

Los Angeles-based HelloTech, the in-home, information technology support service led by Richard Wolpert, is close to closing a $10M, Series A funding round, according to reports. The funding is reportedly led by Madrona Venture Group. Hello...

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Monday, August 24, 2015

LA Dodgers Opens Door On First Accelerator Program

The LA Dodgers has opened the doors on its first, startup accelerator program class this morning, unveiling the 10 companies included in the first LA Dodgers Sports & Entertainment Accelerator. The accelerator begins today, and runs throu...

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Thursday, August 20, 2015

Rustic Canyon Re-Ups On Cancer Portal Developer

Los Angeles-based venture investor Rustic Canyon Partners has re-upped on an investment in cancer portal developer Navigating Cancer, in a new, $10M investment. Navigating Cancer--which is based in Seattle--develops web-based portal softwar...

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Monday, August 17, 2015

Airbitz Raises $450K From New LA Investor, Block26

San Diego-based Airbitz, a developer of Bitcoin-based mobile wallet software, has raised $450,000 in a funding round, part of an ongoing $1.25M round for the company, the company announced recently. The funding came from Block26, a new, Los...

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Friday, August 14, 2015

The Honest Company Raises $100M In Series D

Santa Monica-based The Honest Company, which provides baby care, personal care, home care, and other healthy lifestyle products, said this morning that it has raised $100M in a Series D funding round. The funding round came from Glade Brook...

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Thursday, August 13, 2015

Soothe Scores $10.6M For On Demand Massage Service

Los Angeles-based Soothe has raised $10.6M for an on-demand, massage service, the company said this week. The funding was led by The Riverside Company. Soothe currently lets customers in the Los Angeles and a few other areas book a massage ...

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Monday, August 10, 2015

Cold Genesys Finds $10M For Cancer Immunotherapy

Santa Ana-based Cold Genesys, a company developing oncolytic immunotherapy products, said last week that it has raised $10M in a Series B funding. The funding came from Ally Bridge Group and WI Harper Group along with Whitesun Healthcare Ve...

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Friday, August 7, 2015

JenaValve Gets $26.5M for Aorta Repair Device

Irvine-based JenaValve Technology, which is developing transcatheter aortic valve repair (TAVR) systems for the treatment of aortic valve disease, said this morning that it has raised $26.5M in a Series C funding round. The funding was led ...

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Thursday, August 6, 2015

Clutter Raises $1.3M, Expands To Bay Area

Los Angeles-based Clutter, the on-demand storage startup which is aiming to make it almost effortless to store your extra stuff, has raised $1.3M in a funding round. Source of the new funding was not disclosed. Clutter also said it has expa...

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Thursday, August 6, 2015

GovX Gets $11.5M For E-Commerce Efforts

San Diego-based GovX, which operates an online, e-commerce site specifically serving active, reserve and veteran U.S. Military, law enforcement, fire, emergency rescue, and government employees, has raised $11.5M in combined Series A and B ...

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Thursday, August 6, 2015

MediaPlatform Picks Up $12M

Los Angeles-based MediaPlatform, a startup developing enterprise video and webcasting software aimed at corporate customers, has raised $12M in a growth equity funding. The funding was led by TVC Capital, and also included Barshop Ventures ...

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Thursday, August 6, 2015

Metacrine Raises $36M

San Diego-based Metacrine, a biotechnology company which is targeting the treatment of metabolic disease, says it has raised $36M in a Series A funding. The funding came from Arch Venture Partners, EcoR1 Capital, Polaris Partners and venBio...

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Wednesday, August 5, 2015

AdtoApp Gets $6M For Programmatic Ad Platform For Publishers

Los Angeles-based AdtoApp, a developer of programmatic ad tools for publishers, has raised $6M in a funding round, according to the company. The funding came from Run Capital. The company says its tools help publishers double their effectiv...

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Wednesday, August 5, 2015

IQMS Raises $40M More

Paso Robles-based IQMS, a developer of manufacturing ERP software, announced late Tuesday that it has raised $40M more in an investment round. The funding came from Technology Crossover Ventures and Bannekar Partners. According to IQMS, the...

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Wednesday, August 5, 2015

Virtium Gets Growth Investment For Solid State Drives

Rancho Santa Margarita-based Virtium, a developer of embedded and industrial solid state drives (SSDs), said today that it has scored a round of growth investment. Size of the funding was not announced. The funding came from L Squared Capit...

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Tuesday, August 4, 2015

Chewse Picks Up $5.9M For Office Catering

Chewse, a startup which helps companies manage their office food and meal programs--and counts Pivotal Labs, TasteMade, OpenX, Factual, and Big Frame as customers--said it has raised $5.9M in a Series A investment. The company--which got it...

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Tuesday, August 4, 2015

Seriously Finds $18M For Mobile Games

Venice, California- and Helsinki, Finland-based mobile game developer Seriously, the developer behind the title Best Fiends, has raised $18M in a venture funding round, the company said this morning. The Series A funding round was led by N...

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Monday, August 3, 2015

Cylance Secures $42M

Irvine-based antivirus software developer Cylance has raised $42M in a Series C funding, the company said last week. The funding was led by DFJ Growth, and also included KKR, Dell Ventures, Capital One Ventures and TenEleven Ventures. Cylan...

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Monday, August 3, 2015

WizRocket Conjures Up $8M

Walnut, California-based WizRocket, a developer of mobile ad technology which helps companies better profile and target customers, has raised $8M in a funding round. The funding came from Sequoia Capital and Accel Partners. The funding come...

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Friday, July 31, 2015

Jukin Media Snags $2M From Samsung

Los Angeles-based Jukin Media, the viral, user-generated video clearing house, has raised $2M in a funding round from Samsung Venture Investment Corporation, according to the company. Jukin said it will use the funding to give it "financial...

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Friday, July 31, 2015

WEVR Gets $10M From HTC For Virtual Reality Tools

Los Angeles-based WEVR, which is developing virtual reality capture tools, has raised $10M in funding from HTC, HTC said Thursday. HTC said the investment vies it 15 percent of WEVR. HTC said that it paid $5.7782 per share for 1,730,642 sha...

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Friday, July 31, 2015

Thrive Market Finds $30M For Online Healthy, Natural Food and Products

Los Angeles-based Thrive Market, which operates an online, membership-only health food service, has raised $30M in a funding round, the company said this week. The funding was led by Greycroft Partners, and also included Scripps Network, Po...

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Friday, July 31, 2015

FreedomPop Finds $10M More For Free Wireless Service

Los Angeles-based FreedomPop, the free broadband wireless and cellular services provider led by Stephen Stokols, disclosed Thursday that it has raised $10M more in a funding round. The funding came from Asian mobile carrier Axiata, as well ...

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Friday, July 31, 2015

Sayer Raises $1.1M, Launches Social Polling, Predictions App

Los Angeles-based Sayer, a new mobile app startup, said Thursday that it has launched its social polling and predictions app, backed by $1.1M in seed funding. Sayer said its iOS app lets people share their opinions and make their own predic...

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Thursday, July 30, 2015

Fuisz Media Raises $10M

Santa Monica-based Fuisz Media, which develops interactive video technology, has raised $10M in a Series A funding, the company disclosed today. The funding came from Evolution Media Partners. Ross Levinsohn and Ian Doddy have both joined F...

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Tuesday, July 28, 2015

Kareo Adds $55M In Funding

Irvine-based Kareo, the developer of cloud-based software used to manage medical practices, said this morning that it has raised $55.4M in a new funding round. The funding was led by Montreux Equity Partners, and also included Silver Lake W...

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Monday, July 27, 2015

Dealstruck Finds $10M More For Small Business Lending Marketplace

Carlsbad-based Dealstruck, the online small business lending site led by Ethan Senturia, said this morning that it has raised $10M more in a funding round. The funding came from Community Investment Management LLC. In a related move, Deals...

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Thursday, July 23, 2015

SGN Raises $130M From Netmarble Games

Los Angeles-based mobile games studio SGN, which is led by former MySpace founder Chris DeWolfe, has raised $130M in a funding round from Netmarble Games. SGN said that Netmarble Games is the number one mobile games publisher in South Korea...

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Tuesday, July 21, 2015

Tech Coast Angels: Biggest Q2 Ever For Deals

The Tech Coast Angels, Southern California's most active organized angel group,said today that it had its most active Q2, and had a record number of deals and dollars invested in the quarter. The group said it invested a total of $4,546,338...

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Friday, July 17, 2015

Qualcomm Backs BYOD Software Vendor Workspot

San Diego-based Qualcomm is backing bring-your-own-device (BYOD) software developer Workspot, via an investment from Qualcomm Ventures, Workspot said this week. Workspot said it raised $5M from Helion Ventures, Translink Capital, and Qualco...

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Thursday, July 16, 2015

Yeti Acquired By Jim Armstrong, New Investors

Santa Monica-based Yeti, the local discovery and travel app developer led by Alex Capecelatro, has been acquired by a group of private investors, the company said Thursday morning. Financial details of the acquisition were not announced. Ye...

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Thursday, July 16, 2015

Readz Launches Mobile Marketing Tools, Backed by $7.15M

Woodland Hills-based Readz, a new startup that is aiming to help marketers quickly create microsites, landing pages, white papers, and other content, said today that it has raised more than $7.15M in funding, and launched its products. The ...

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Thursday, July 16, 2015

Flipagram Raises $70M For Photo, Video, and Music Sharing Apps

Los Angeles-based Flipagram, led by startup vetera Farhad Mohit, said late Thursday evening that it has raised $70M in a funding round, for its photo, video, and music sharing apps. The funding was led by Sequoia, and also included Kleiner ...

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Wednesday, July 15, 2015

Omaze Gets $9M For Charity Crowdfunding

Los Angeles-based Omaze, the startup led by Matt Pohlson and Ryan Cummins, which helps charities and causes raise funding by offering up once-in-a-lifetime auctions involving celebrities and other opportunities, hass raised $9M in a Series ...

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Wednesday, July 15, 2015

HopSkipDrive, Uber For Kids, Gets $3.9M To Expand From LA

Wish there was something as convenient for Uber to tote your kids to and from all their activities? Los Angeles-based HopSkipDrive has raised $3.9M in a funding round, to provide the convenience of Uber with the trust you might give your ow...

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Tuesday, July 14, 2015

Realty Mogul Adds $35M In Series B Funding

Los Angeles-based Realty Mogul, the online real estate crowdfunding site led by Jilliene Helman, said this morning that it has raised $35M in a Series B funding. The funding was led by Sorenson Capital, and also included Canaan Partners. Th...

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Tuesday, July 14, 2015

Avalon Ventures Leads Round In AeroFS

San Diego-based venture investor Avalon Ventures is the lead investor in a new, $10M funding round for AeroFS, a developer of private cloud collaboration software. AeroFS said the Series B funding also included NHN Investment. Avalon's Rich...

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Monday, July 13, 2015

GrollTex Gets Seed Funding

San Diego-based GrollTex, a new startup spinning out of the University of California, San Diego, has scored a seed funding round. The funding came from The Triton Fund and the Tech Coast Angels. Size of the funding was not disclosed. Accord...

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Monday, July 13, 2015

CrowdStrike Raises $100M From Google, Others

Irvine-based CrowdStrike, the developer of security software led by George Kurtz, said this morning that it has raised $100M in a Series C financing round, which was led by Google Capital, and also included Rackspace, Accel, and Warburg Pin...

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Monday, July 13, 2015

iZSearch Gets Seed Funding, Launches Internet Search Site

Carlsbad-based iZSearch said this morning that it has raised a round of seed funding, and also launched its web-based Internet search site. According to iZSearch, the company recently closed a seed funding round from the Tech Coast Angels a...

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Thursday, July 9, 2015

NantBioScience, Sorrento Therapeutics Launch $100M JV

Los Angeles-based NantBioScience and San Diego-based Sorrento Therapeutics announced this morning that the two have launched a new, joint venture, aimed at small molecule treatments for cancer. The two said they will invest $100M in the new...

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Wednesday, July 8, 2015

Kayne Anderson Backs Language Access Network

Los Angeles-based private equity investor Kayne Partners, the growth private equity arm of Kayne Anderson Capital Advisors, said Tuesday that it made an investment in Language Access Network (LAN), a Columbus, Ohio-based provider of on-dema...

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Tuesday, July 7, 2015

Doppler Labs Snags $17M

Doppler Labs, a developer of immersive, wearable earbuds which connect to your smartphone to adjust the sound of live audio, said today that it has raised $17M in a Series B funding round. The company's R&D headquarters are in Camarillo, Ca...

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Tuesday, July 7, 2015

WhipClip Finds $40M More

Los Angeles-based WhipClip, the mobile television clip sharing app developer led by serial entrepreneur Richard Rosenblatt, said today that it has raised $40M in a Series C funding round. The funding was led by Eminence Capital, and also in...

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Monday, July 6, 2015

Teledyne Increases Stake in Robot Maker Ocean Aero

Thousand Oaks-based Teledyne Technologies has increased its stake in San Diego-based Ocean Aero, a developer of unmanned, robotic underwater and surface vehicles used for the scientific, defense, and oil and gas market, the company said lat...

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Wednesday, July 1, 2015

NantHealth Raises $200M From Allscripts

Los Angeles-based NantHealth, one of the life sciences companies that is part of billionaire Patrick Soon-Shiong's NantWorks, has scored $200M in an investment from Allscripts, the two said Tuesday. According to the two companies, the inves...

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Wednesday, July 1, 2015

Classy Captures $18M For Nonprofit Software

San Diego-based Classy, which develops cloud-based software used by nonprofits for fundraising, disclosed that it has raised $18M in a new funding round. The funding came from Mithril Capital Management and Salesforce Ventures. Classy was f...

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Tuesday, June 30, 2015

HomeHero Gets $23M For Senior Home Care Marketplace

Santa Monica-based HomeHero, a new startup providing an online marketplace for in-home, senior care services, said Tuesday afternoon that it has raised $20M in a Series A funding round. The funding came from Graham Holding Company, along wi...

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Tuesday, June 30, 2015

Chrome River Finds $100M In Funding

Los Angeles-based enterprise software maker Chrome River, which develops cloud-based software used for expense reporting and automated invoice processing, announced today that it has raised $100M in a Series D funding round. The funding cam...

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Tuesday, June 30, 2015

Nativo Raises $20M For Native Advertising

Los Angeles-based Nativo the native advertising technology developer led by Justin Choi, said Tuesday morning that it has raised $20M in a Series B funding round. The funding was led by Advance Vixeid Partners (AVP), and also included RezVe...

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Tuesday, June 30, 2015

Inari Medical Finds $12.4M

Irvine-based medical device developer Inari Medical has raised $12.4M in a Series B funding, the company announced this morning, for its efforts to develop medical devices for the vascular thrombus and emboli. The funding came from Versant ...

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Tuesday, June 30, 2015

Quarterly Gets Funding From Science

Los Angeles-based subscription box service Quarterly, which develops unique gift boxes every three months from such influencers as Pharrell Williams, Bill Nye the Science Guy, and actress Rosario Dawson, has raised a round of funding and co...

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Thursday, June 25, 2015

Curbside Plans Expansion To SoCal With On Demand Pickup Service,

On-demand pickup service Curbside, which develops a mobile, on-demand app and associated service that lets users buy products from retailers such as Target and Best Buy, and pick them up later that day, is planning to expand to Southern Cal...

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Thursday, June 25, 2015

Crosscut Ventures: Tapping Into The Promise of Silicon Beach, with Brian Garrett

Earlier this week, Los Angeles-based CrossCut Ventures (www.crosscutventures.com) announced its third, venture capital fund--a continuation of an investment theme very much centered around the growth of Southern California, and in particu...

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Wednesday, June 24, 2015

Core Innovation Capital Aims At $75M Fintech Fund

Los Angeles-based fintech venture capital investor Core Innovation Capital has launched an effort to raise a second fund, Core Innovation Capital II, according to regulatory documents filed by the investor. Core Innovation--led by Arjan Sch...

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Wednesday, June 24, 2015

Avalon Ventures Backs Indix For E-Commerce Product Data

San Diego-based venture investor Avalon Ventures has re-upped its investment in product database provider Indix, as part of a $15M Series B funding. Indix has a giant database of detailed specifications and details of all kinds of products,...

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Tuesday, June 23, 2015

NantCell Buys VivaBioCell, Backed By $75M In New Funding

Los Angeles-based NantCell, one of the companies that is part of Dr. Patrick Soon-Shiong's NantWorks, said today that it has acquired an Italian company, VivaBioCell SpA. Financial terms of the deal wer enott disclosed. VivaBioCell is based...

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Tuesday, June 23, 2015

Heal Finds $5M For On Demand Doctor's Housecalls

Santa Monica-based Heal, an on-demand startup offering up access to house calls from doctors via smartphone, has raised $5M in a seed funding round, the company announced this morning. The funding came from Slow Ventures, March Capital and ...

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Tuesday, June 23, 2015

CrossCut Ventures Raises New, $75M Venture Fund

Venice, California-base CrossCut Ventures, one of the region's earliest believers in the potential of Silicon Beach startups, has raised a new, $75M fund, the firm announced this morning. Managing Directors of the new fund are Rick Smith, B...

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Monday, June 22, 2015

Dollar Shave Club Raises $75M

Venice, California-based Dollar Shave Club, the subscription-based razor business led by Michael Dubin, has raised $75M in a new funding round, bringing the company's total raised to $150M. The new funding reportedly values the company at $...

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Monday, June 22, 2015

Finistere Ventures Backs CropX For Smart Watering Software

San Diego-based venture investor Finistere Ventures is leading a new investment in CropX, which maps out irrigation patterns in farmer's fields to optimize irrigation of crops. According to CropX--which was started by scientists in Israel a...

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Monday, June 22, 2015

Transphorm Gets $70M From KKR

Goleta-based Transphorm, which is developing power conversion technology, said this morning that it hass raised $70M in a new investment round, led by KKR. Other investors in the company also include Kleiner Perkins Caufield and Byers, Foun...

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Thursday, June 18, 2015

Visage Finds $2.15M In Seed Funding

Irvine-based Visage, which offers up a service aimed at online marketers to help create infographics, said this morning that it has raised $2.15M in a seed funding. The funding was led by Venture51, and also included K5 Ventures and Kima Ve...

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Wednesday, June 17, 2015

Cynvenio Biosystems Finds $25.5M More For Cancer Diagnostics

Westlake Village-based Cynvenio Biosystems said Wednesday that it has raised $25.5M in a Series B funding round. The developer of life sciences equipment, used to profile cancer cells circulating in whole blood, came from Livzon Pharmaceuti...

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Wednesday, June 17, 2015

FreedomPop Gets $30M More, Skips M&A

Los Angeles-based free broadband service FreedomPop said this morning that it has raised $30M more in new financing, which it says will go to accelerate its growth in the U.S., and expand its free mobile service. The funding was led by Part...

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Tuesday, June 16, 2015

California Technology Ventures Backs CyMedica Orthopedics

Pasadena-based venture investor California Technology Ventures has put its funding behind a medical device maker, which is trying to prevent muscle atrophy after orthopedic surgery. According to Scottsdale, Arizona-based CyMedica Orthopedic...

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Tuesday, June 16, 2015

Rayton Solar Finds $1M

Santa Monica-based Rayton Solar, a startup developing solar industry manufacturing technology, announced this morning that it has raised $1M in seed funding, and is looking for another $1.2M. The startup--which is utilizing laser technology...

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Tuesday, June 16, 2015

ServiceTitan Scores $18M For Home Services Management Software

Glendale-based ServiceTitan, a developer of cloud-based software used by home services business management, has raised $18M in a Series A funding round. The funding was led by Bessemer Venture Partners, and also included I2BF Digital, Mucke...

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Tuesday, June 16, 2015

Connectifier Gets $6M For Recruiting Software

Orange County-based Connectifier, a sttup founded by ex-Googlers, and which is developing search-powered recruiting software, has raised $6M in a Series A. According to Connectifier, the funding was led by True Ventures, and also included G...

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Monday, June 15, 2015

Looklist Raises $174,000 For Fashion Site

Los Angeles-based Looklist, an online site which lets users browse curated fashion and hairstyle photos, disclosed today that it has raised $174,000 in a seed funding round. The funding came via AngelList, led by investor Foundry Group, via...

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Monday, June 15, 2015

Avalon Ventures Launches Trio Of Life Science Startups

San Diego-based Avalon Ventures said this morning that it has launched and funded three, new companies as part of its deal with GSK. Avalon Venturs said that Adrenergics, CadheRx Therapeutics, and Calporta Therapeutics have all received $10...

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Friday, June 12, 2015

Ad Tech Falls Out Of Favor, Says Report

Venture capitalists, who once were pouring money into the advertising technology area, have shut off the spigot for ad tech--according to an article in the WSJ this week. Ad tech companies, once the darling of Sand Hill Road, are having a h...

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Thursday, June 11, 2015

BioAtla Gets $30M

San Diego-based biotherapeutics developer BioAtla announced today that it has raised $30M in an equity investment, from an un-named Chinese investor group. BioAtla, which is led by Jay M. Short, said the funds will go towards developing its...

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Wednesday, June 10, 2015

Local ID Lands $1.9M

Los Angeles-based Local ID, a new startup that is looking to help retail and restaurant brands to improve their local store marketing efforts, has raised $1.9M in a seed funding round, the company said today. The funding was led by Crosscut...

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Tuesday, June 9, 2015

Illumina Backs Twist Bioscience

San Diego-based life sciences equipment maker Illumina is the lead investor in San Francisco-based Twist Bioscience, a developer of a synthetic DNA manufacturing technology. Twist Bioscience said it raised $37M in a Series C, led by Illumin...

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Tuesday, June 9, 2015

OncoSec Medical Gets $13.6M In PIPE

San Diego-based OncoSec Medical, the publicly held biopharmaceuticals firm focused on DNA-based cancer immunotherapy, said Monday that it has raised $13.6M in a registered direct offering of its shares. The company said it will use the new ...

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Monday, June 8, 2015

TaskUs Takes $15M In Funding

Santa Monica-based TaskUs, the startup led by Bryce Maddock which is the secret weapon behind the rising tide of on-demand and Internet startups, has raised $15M in a funding round, the company disclosed today. The funding came from Phillip...

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Friday, June 5, 2015

Ninja Metrics Aims At $5M Round

Los Angeles-based game analytics software developer Ninja Metrics has raised $2.8M of an ongoing, $5M funding round, the company disclosed in a regulatory filing this week. The startup, led by Dmitri Williams, and helps mobile, online, and ...

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Friday, June 5, 2015

Sky Dayton Backed Diffbot Gets More Funding

Diffbot, the developer of artificial intelligence, visual recognition, and natural language processing software for interpreting web pages which is backed by Sky Dayton, has scored $500,000 more in funding, the company said this week. The f...

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Thursday, June 4, 2015

Orbitera Gets $2M For Cloud Billing, Sales

West Hollywood-based Orbitera, a developer of a cloud-based software product to help companies the sales of cloud-based software and services, including managing leads, trial subscriptions, billing, and operations, has raised $2M in a seed ...

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Thursday, June 4, 2015

Calhoun Vision Finds $69M For Intraocular Lenses

Pasadena-based Calhoun Vision, a company which is developing implantable, light adjusting intraocular lenses used to treat cataract surgery, has raised $69.0M in a funding round, the company said today. The financing was led by Longitude Ca...

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Wednesday, June 3, 2015

Disney Accelerator Grad Sphero Finds $45M

Sphero, the Disney Accelerator company known for developing smartphone connected, robotic balls, has scored a big funding round--in part thanks to its involvement with the accelerator. Sphero, which was part of the first class of the Los An...

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Tuesday, June 2, 2015

Purch Raises $135M To Grow Online Publishing Empire

Purch, the online publishing company with offices in Culver City that owns Tom's Guide, TopTenReviews, Laptop, and other online publications, has raised $135M in a Series C funding round. The funding was led by Canso Investment Council, and...

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Tuesday, June 2, 2015

DataScience Gets $6M For Business Analytics

Culver City-based DataScience, a provider of data analytics services aimed at enterprises to help make sense of business data, said this morning that it has raised $4.5M in a Series A funding round. The round was led by Greycroft Partners, ...

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Tuesday, June 2, 2015

Entropix Finds $1M For Video Surveillance Technology

Los Angeles-based Entropix, which says it is developing super high resolution, video surveillance technology, has raised $1M in a seed funding round. Names of the company's seed investors were not disclosed. According to Entropix, it is dev...

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Tuesday, June 2, 2015

Ciphrex Adds Advisor, Kicks Off Series B Funding

San Diego-based Ciphrex, a startup developing a Bitcoin and payment network technology, said today that it has added Bitcoin law expert Peter Townshend to its advisory board, to help kick off a Series B funding round. The company said Towns...

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Monday, June 1, 2015

Epic Sciences Gets $15M In Credit Facility

San Diego-based Epic Sciences,, a developer of diagnostics products aimed at treating and managing cancer, has expanded a credit facility it has from Silicon Valley Bank from $5M to $15M. Terms and rates on that credit facility were not ann...

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Friday, May 29, 2015

Snapchat At Funding Trough Again, Raising $650M

Venice-based Snapchat has raised $537.6M more--part of an ongoing $650M funding round--as the instant messaging app developer continues to break Southern California records in both total funding and valuation. According to a regulatory fili...

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Thursday, May 28, 2015

GumGum Gets $26M In New Funding

Santa Monica-based GumGum, the online image-based advertising startup led by Ophir Tanz, has raised a big, $26.0M round this morning, from Morgan Stanley Expansion Capital, along with NEA, Upfrot Ventures, First Round Capital, and the compa...

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Thursday, May 28, 2015

Source Intelligence Gets Credit Facility

Carlsbad-based Source Intelligence>, a developer of platform for supply chain compliance efforts, has received a credit facility from Silicon Valley Bank, the company said this morning. Size and terms of the facility were not announced. So...

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Wednesday, May 27, 2015

MANTA Instruments Finds Funding For Scientific Instruments

La Jollla-based MANTA Instruments, a developer of technology for characterizing nanoparticles, has raised a round of seed funding, from Triton Technology Fund. Size of the funding was not announced. Triton announced the funding this morning...

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Tuesday, May 26, 2015

HelloTech Adds $2M, Launches In-Home Tech Support In LA

Los Angeles-based on-demand, in-home tech support and sales service HelloTech, which was founded by AmplifyLA/RealNetworks veteran Richard Wolpert, has raised another $2M, and officially launched its service in Los Aneles. According to Hell...

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Tuesday, May 26, 2015

Enervee Raises $3.7M For Energy Smart Consumer Purchases

Santa Monica-based Enervee, which provides an online platform collecting energy consumption information on appliances and other products, is announcing this morning that it has raised $3.7M in a Series A funding round. The funding was led b...

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Friday, May 22, 2015

Companion Medical Raises $3M For Bluetooth-Enabled Insulin Delivery System

San Diego-based Companion Medical, a developer of a Bluetooth- and smartphone app-enabled insulin delivery system for diabetics, has raised $3M in a Series B funding, the company said this week. The funding came from Eli Lilly & Company. Co...

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Friday, May 22, 2015

Core Innovation Capital Backs Ripple Labs

Los Angeles-based fintech venture investor Core Innovation Capital has made another investment, this time in San Francisco-based payment technology developer Ripple Labs. Ripple announced the investment earlier this week, saying it had rai...

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Thursday, May 21, 2015

Frost Data Capital Backs Maana For Big Data Search

San Juan Capistrano-based Frost Data Capital, the investment and incubation effort led by Stuart Frost, has backed ...

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Wednesday, May 20, 2015

SV Angel's David Lee Resigns To Spend More Time In LA

Venture capitalist David Lee, who was Managing Partner of seed and angel investing fund SV Angel, one of the most active venture investors in San Francisco, has resigned to spend more time with his family in Los Angeles, the fund told its L...

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Wednesday, May 20, 2015

Kingston Backs Stealthy Data Center Startup Liqid

Fountain Valley-based flash memory developer Kingston is the lead investor in Liqid a stealthy developer of data center technology. Liqid said this morning that it raised $5.7M in funding, from Kingston Technology, Phison Electronics Corpor...

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Wednesday, May 20, 2015

March Capital Partners Leads $30M Investment In Coho Data

Santa Monica-based venture capital investor March Capital Partners is the lead investor in a new, $30M investment in Coho Data, a developer of high performance, flash-based storage. Coho said that March led the Series C funding, a round whi...

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Tuesday, May 19, 2015

ACI Media Group Makes Investment In MyDistrict.net

Los Angeles-based print and newspaper distribution provider ACI Media Group said Tuesday afternoon that it has made an investment in software company MyDistrict.net. MyDistrict.net develops software used to manage the distribution of newspa...

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Tuesday, May 19, 2015

Karma Creates New Trust Score For Peer Marketplaces, Backed By $800K

A new, Los Angeles-based startup, Karma, said today that it has launched out of private beta, to help create a global "Karma Score" to rank a user's trust and reliability in peer-to-peer marketplaces. The startup, led by Zach Schiff-Abram,...

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Tuesday, May 19, 2015

Clutter Finds $2M For On Demand Storage

Los Angeles-based Clutter, which provides on-demand, self storage to users in Los Angeles, has raised $2M in a funding round, the company disclosed Monday. The funding came from Resolute Ventures, AmplifyLA, plus angels such as Matt Coffin,...

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Monday, May 18, 2015

Mucker Capital Starts Fundraising On New Fund, Mucker III

Santa Monica-based Mucker Capital, the seed stage investment fund led by Erik Rannala and William Hsu, has just booted up fundraising efforts for the group's third venture capital fund, Mucker III, L.P. The fundraising effort was first disc...

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Thursday, May 14, 2015

NextVR Gets Investment From Mandalay's Gruber

Laguna Beach-based virtual reality technology developer NextVR has received a round of funding from Mandalay Entertainment's Peter Gruber, the company said this week. Size of the strategic investment round was not announced. NextVR--which i...

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Thursday, May 14, 2015

Core Innovation Capital Backs Vouch For Social Lending

Los Angeles-based venture investor Core Innovation Capital is one of the lead companies in a Series A investment in Vouch, a consumer lending startup which offers up consumer loans based on if a users' social network will "vouch" for that...

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Tuesday, May 12, 2015

Vadio Finds $7.5M, Taps Sony's Landau As Chairman

Vadio, the music video streaming technology developer led by Bryce Clemmer, said today that it has raised $7.5M in a Series A funding round, and tapped former Sony Pictures Digital Entertainment executive Yair Landau as its Chairman and COO...

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Tuesday, May 12, 2015

Imprimis Pharmaceuticals Finds $15M In Debt

San Diego-based Imprimis Pharmaceuticals, a company developing compounded drugs, said thiss morning that it has scored $15M in a term loan. The debt funding came rom Life Sciences Alternative Funding LLC. According to Imprimis, the funding ...

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Monday, May 11, 2015

Wag! Finds $2.45M For Dog Walking Marketplace

Los Angeles-based Wag!, the developer of a mobile, on-demand marketplace to find dog walkers, said last week that it has raised $2.45M in a seed funding round. The funding came from Freestyle Capital, Greylock, CrunchFund, Slow Ventures, So...

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Monday, May 11, 2015

Veritone Raises $34.0M

Newport Beach-based Veritone, a provider of services to help companies with cross media advertising, recently raised $34.0M in a funding round. Details on that funding have not been announced. Veritone servs the broadcast and advertising ma...

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Wednesday, May 6, 2015

Qualcomm Backs Cubic Telecom With New Investment

San Diego-based Qualcomm is leading an investment in an Irish developer of machine-to-machine (M2M) tools, as one of the two major investors in the latest investment round in Cubic Telecom. Cubic Telecom said it raised EUR18 in a round from...

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Tuesday, May 5, 2015

Incentive Finds $1.7M For Social Collaboration Software

Los Angeles- and Malmo, Sweden-based Incentive, a developer of enterprise social collaboration software, announced this morning that it has raised $1.7M in a seed funding round. Source of that seed funding was not disclosed. Incentive said ...

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Monday, May 4, 2015

NeuroVigil Finds More Funding

La Jolla-based NeuroVigil, a developer of brain monitoring tools and technology, said it has received a second financing round. Size of the funding was not disclosed. According to the company, the round was led by Howard Morgan, and also in...

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Friday, May 1, 2015

Tech Coast Angels Makes Eight Investments, Sees Two Exits In Q1

The Tech Coast Angels, one of the most active angel investment groups nationwide in addition to here in Southern California, said Friday that it invested in eight new and follow on deals in the first quarter of 2015, in addition to seeing t...

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Friday, May 1, 2015

BigRentz Scores Growth Funding

Irvine-based BigRentz, which operates an online marketplace for heavy equipment rentals, has reportedly raised a round of growth capital funding from St. Cloud Capital. Details of that funding were not announced. St. Cloud Capital is based ...

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Wednesday, April 29, 2015

Oblong Finds $15M More

Los Angeles-based Oblong, which is developing user interface technology aimed at business collaboration -- and whose technology was the inspiration for the UI in Minority Report-- has raised $15.0M more in funding. Details on that funding h...

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Wednesday, April 29, 2015

Seven Lakes Technologies Raises $20M

Westlake Village-based Seven Lakes Technologies, a developer of enterprise software for the oil and gas industry, raised $20M in a Series A funding round earlier this year. The funding came from Carrick Capital Partners. Seven Lakes Technol...

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Tuesday, April 28, 2015

Nestigator Raises $3M For Online Real Estate Marketplace

Los Angeles-based startup Nestigator, a new online real estate marketplace led by serial entrepreneur Jerry Slavonia, said today that it has raised $3M in a Series A funding. The funding was led by Velocity Street Ventures, and also include...

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Tuesday, April 28, 2015

Access Integrated Healthcare Raises $8.5M

Los Angeles-based Access Integrated Healthcare said this morning that it has raised $8.5M in a first round of funding, to go towards its diagnostic imaging services. The funding came from Penta Mezzanine Fund. Access Integrated Healthcare (...

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Monday, April 27, 2015

Predixion Software Snags Series D

Aliso Viejo-based Predixion Software announced this morning that it has raised a Series D funding round. Size of the round was not announced. The developer of cloud-based, predictive analytics software said the round was led by Software AG,...

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Monday, April 27, 2015

Ferris Finds $2M In Funding

Los Angeles-based video sharing startup Ferris has raised $2M in a seed financing round, led by Upfront Ventures, and also included Allen DeBevoise of Machinima. As part of the the funding, Mark Suster of Upfront Ventures joins the company'...

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Thursday, April 23, 2015

3DR Ups Funding Round To $64M

3DR, the drone manufacturer and technology developer, said this morning that it has raised its Series C funding to $64M, in an expansion beyond its initial, $50M funding. According to 3DR, the expansion was led by WestSummit Capital, and al...

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Thursday, April 23, 2015

PingThings Picks Up Funding

San Juan Capistrano-based PingThings, a developer of predictive intelligence software for the electric utility industry, has scored a round of funding. The funding came from GE Ventures and Frost Data Capital. Size of the funding was not an...

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Wednesday, April 22, 2015

RadPad Raises $9M Rental Marketplace

Los Angeles-based RadPad, the online rental marketplace led by Jonathan Eppers, said this morning that it has raised $9M in a Series A funding. The funding was led by Altpoint Ventures, and also included Goldcrest Investments. RadPad said i...

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Tuesday, April 21, 2015

Upfront Ventures Re-Ups On Appointment Booking Site MyTime

Los Angeles-based venture investor Upfront Ventures has lead another round in San Francisco-based online appointment booking site MyTime, as part of a $9.25M Series B. MyTime said that the funding round was led by Upfront Ventures, and als...

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Tuesday, April 21, 2015

Twigtale Finds $1M For Personalized, Therapeutic Books

Los Angeles-based startup Twigtale, a service which helps parents create personalized books to help kids through everything from giving up a pacifier to moving to a new home, said today that it has raised $1M in a seed funding round. The fu...

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Tuesday, April 21, 2015

Campus Steps Gets $3M

Santa Monica-based Campus Steps, a new startup aimed at college counseling, said this morning that it has raised $3M in a funding round. The funding included $2M in a strategic investment and $1M in a venture commitment, according to the co...

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Monday, April 20, 2015

InAuth Finds $20M For Security Tools

Venice, California and London-based InAuth, a provider of mobile fraud prevention and mobile application security technology, recently raised $20M in a Series A funding round. The funding came from Bain Capital Ventures. Bain's Ben Nye will...

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Friday, April 17, 2015

FastPay Funds Altitude Digital In $30M Financing

Los Angeles-based FastPay, the provider of financing products for ad and media driven companies which is led by Jed Simon, has backed mobile and video advertising products firm Altitude Digital with $30M in financing, Altitude said Thursday...

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Friday, April 17, 2015

Upfront Ventures Leads $20M Investment In Heads-Up Display Developer Navdy

Los Angeles-based Upfront Ventures is the lead investor in a developer of a new, heads-up display which connects to your smartphone, projecting messages, information, and more directly on your windshield. According to San Francisco-based Na...

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Friday, April 17, 2015

Fliptu Gets $1.2M For Social Aggregation Tools

Los Angeles-based Fliptu, the developer of social aggregation tools for music and entertainment brands, has raised $1.2M in a seed funding round, the company said Friday. The startup--led by Jeremy Gocke--said the funding came from Scout Ve...

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Friday, April 17, 2015

Southern California Sees $1.9 Billion In Q1 Deals, Biggest Since Dot Com Boom

Southern California saw a staggering $1.9 billion in investments in Q1 of 2015, according to the latest numbers from the PricewaterhouseCoopers/National Venture Capital Association MoneyTree report, which was released this evening, The ...

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Thursday, April 16, 2015

Stocktwits Raises Funding Round

San Diego-based stock messaging service Stocktwits has just raised a new funding, which the company said came from its existing investors, plus strategic Asian financial technology investors, and strategic investors in the fund and ETF busi...

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Thursday, April 16, 2015

Procore Technologies Finds $30M For Construction Project Management Software

Carpinteria-based Procore, the developer of construction project management software led by Craig "Tooey" Courtemanche, said this morning that it has raised $30M in a growth funding round. The funding was led by ICONIQ Capital, and also inc...

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Wednesday, April 15, 2015

Acorns Finds $23M To Turn Spare Change Into Stock Portfolios

Wish you could turn your spare change into a stock portfolio? Well, apparently, you can--thanks to Newport Beach-based Acorns, a new startup which said today that it has raised $23M in a Series C funding round. Acorns offers up iOS, Android...

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Wednesday, April 15, 2015

LA Dodgers Launch Sports, Technology, Entertainment Accelerator

The Los Angeles Dodgers and R/GA said Tuesday afternoon that the two are setting up a new, startup accelerator in Los Angeles, called the LA Dodgers Accelerator. According to the two, the new startup accelerator will focus on companies at t...

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Tuesday, April 14, 2015

WorldViz Gets Funding From Intel

Santa Barbara-based WorldViz, a developer of virtual reality software, said this morning that it has raised a Series A funding round from Intel. Financial details of the funding were not announced. According to the company, it is developing...

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Monday, April 13, 2015

Dubb Launches Marketplace For Creatives, Finds Funding

Are you a photographer, interior designer, event planner, or other creative freelancer? Los Angeles-based Dubb, a new, angel-backed startup, has launched a new, mobile marketplace to help you find customers. According to Dubb, its new, mobi...

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Monday, April 13, 2015

Ichor Medical Systems Gets $85M From Janssen Pharmaceuticals

San Diego-based Ichor Medical Systems, which is working on developing treatments for hepatitis B, said this morning that it will receive up to $85M in an upfront payment, R&D support, and development and sales milestones from Janssen Pharma...

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Friday, April 10, 2015

24i Gets $2M For TV Apps

24i, a Dutch developer of over-the-top TV applications, which has its U.S. headquarters in Los Angeles announced today that it has raised $2M in a funding round. The funding came from Newion Investments. 24i is based in Amsterdam. The compa...

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Thursday, April 9, 2015

Conversion Logic Gets $4M For Media Attribution Software

Los Angeles-based Conversion Logic, a new startup in the cross-channel, media attribution area, said Wednesday that it has raised $4M in a seed funding round. The funding was led by Rincon Venture Partners, and also included Crosscut Ventur...

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Wednesday, April 8, 2015

Dealstruck Gets $58M For Small Business Lending Site

San Diego-based Dealstruck, the small business lending site led by Ethan Senturia, has raised $58M in a combination of debt and equity, the company said this morning. Dealstruck said that it raised $50M in a credit facility from Brevet Capi...

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Wednesday, April 8, 2015

AssetAvenue Raises $11M

Los Angeles-based commercial real estate loan funding marketplace AssetAvenue has raised $11.0M in a Series A funding, according to the company. The funding was led by DCM Ventures. Other investors in the round included NetEase and Matrix P...

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Tuesday, April 7, 2015

Dreamhost, Rincon Back Akanda's OpenStack Efforts

A couple of Southern California investors--Los Angeles-based DreamHost and Rincon Venture Partners--have backed a new OpenStack software startup called Akanda. Akanda announced Monday that it has raised a round of seed funding, from New Dre...

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Tuesday, April 7, 2015

Kyriba Gets $21M For Treasury Management Software

San Diego-based Kyriba, which develops cloud-base financial software used by companies to manage their cash, has raised $21M in a Series C funding round. The funding came from HSBC, and also included BRED Banque Populaire, Daher Capital, Ir...

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Monday, April 6, 2015

ScoreStream Nabs $2M For Local Sports Crowdsourcing

Wish you had someplace you could get real time updates on local and high school sports? San Diego-based ScoreStream said today that it has raised $2M in a seed financing round, to bring scores, pictures, and other information about high sch...

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Monday, April 6, 2015

Mojix Finds $14M More For RFID Technology

Los Angeles-based Mojix, a developer of long range, RFID-based sensor network technology, said this morning that it has raised $14M in a Series D financing round. The funding was led by OMERS Ventures, and also included Mercury Ventures, pl...

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Friday, April 3, 2015

Qualcomm Ventures Sweetens Pot In QPrize Competition

San Diego-based Qualcomm said Thursday that it is doubling the size of its QPrize annual investment funding competition, and will now award $250,000 in convertible note financing to regional winners, with an additional $250,000 to grand pri...

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Thursday, April 2, 2015

Qualcomm Invests In Tapingo

San Diego wireless company Qualcomm is the lead investor in a round for Tapingo, a developer of a mobile ordering app for restaurants, Tapingo said Thursday. Tapingo said it has raised $22M in a Series C funding, which was led by Qualcomm's...

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Thursday, April 2, 2015

InstaBrand Raises $2.5M For Influencer Marketing

Los Angeles-based InstaBrand, a startup focused on mobile influencer marketing, has raised $2.5M in a Series A funding. The investment was led by TI Capital, according to the company. InstaBrand is led by Eric Dahan, and targets the fashion...

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Wednesday, April 1, 2015

YapStone Gets $60M In Debt Funding

YapStone, which develops web and mobile payment technology, and also maintains an office at ROC in Santa Monica, has closed on $60M in debt financing, the company said this week. The funding was split between $40M in a senior credit facilit...

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Wednesday, April 1, 2015

aTyr Pharma Finds $76M

San Diego-based biopharmaceuticals developer aTyr Pharma has raised a big, $76M Series E funding round, the company said late Tuesday. According to aTyr, the funding as led by Sofinnova Ventures and an un-named, large institutional investor...

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Tuesday, March 31, 2015

AssetAvenue Brings Funding To $4.0M

Los Angeles-based online, real estate crowdfunding site Asset Avenue has upped its funding to $4.0M, according to a recent regulatory filing by the firm. According to the filing, the company now has raised a total of $4.0M, from a total of ...

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Tuesday, March 31, 2015

Correlation Ventures Seeks New, $170M Fund

San Diego-based venture capital investor Correlation Ventures is looking to raise a second fund, Correlation Ventures II, worth $170M, according to a regulatory filing by the firm today. According to the filing, the venture firm has yet to ...

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Friday, March 27, 2015

Superior Water Gets Funding From METRIX

Orange County-based water disinfection equipment and services company Superior Water Technologies has received a funding round from venture capital investor METRIX Capital Group, the two said Thursday. Size of the equity funding was not dis...

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Thursday, March 26, 2015

ChowNow Chomps Down On $10M For Restaurant Ordering Systems

Los Angeles-based ChowNow, the developer of online ordering and marketing systems for the restaurant market, has raised $10M in a funding round, the company said this morning. ChowNow said the new funding round was led by Upfront Ventures, ...

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Thursday, March 26, 2015

Qualcomm Backs Smart Lock Maker August

San Diego-based Qualcomm has made an investment in August, a startup developing Bluetooth-powered, "smart" locks for the home, as part of a $38M funding round. August said yesterday that it has raised $38M in a Series B funding, for its hom...

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Thursday, March 26, 2015

Honk Gets $12M For On-Demand, Roadside Service

Santa Monica-based HONK, the on-demand, roadside assistance app startup led by Corey Brundage, said this morning that it has raised $12M in a Series A funding round. The funding was led by Altpoint Ventures, and also included Structure Capi...

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Wednesday, March 25, 2015

Silicon Valley Venture Capitalist Stevens Gives $50M To USC For Brain Research

Mark Stevens--who made his name as a venture capitalist at Sequoia Capital--along with his wife Mary, have given $50M in a gift to the University of Southern California, to go towards an institute focused on brain rsearch. According to USC ...

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Wednesday, March 25, 2015

Harvest.ai Gets $2.3M For Data Loss Prevention Software

San Diego-based Harvest.ai, a startup which says it was created by former, NSA field operation team members, has raised $2.3M in a seed funding. Harvest.ai said it is developing artificial intelligence-based, data loss prevention software, ...

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Tuesday, March 24, 2015

The Honest Co.'s Brian Lee Backs Outdoor Gear, Apparel Startup Cotopaxi

Los Angeles-based angel investor Brian S. Lee, who has been behind such companies as LegalZoom, H. Bloom, and The Honest Company, is one of the angel investors in a new outdoor gear and apparel startup, Cotopaxi. Cotopaxi said today that it...

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Tuesday, March 24, 2015

Goodbye, LA Dreams: Winklevoss Twins Put Hollywood Mansion Up For Lease

It looks like all the grand plans by the Tyler and Cameron Winklevoss to set up an investment outpost in Los Angeles have faded away, on news that the twins are now leasing out their Hollywood mansion, asking for $150,000 a month for the 8,...

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Monday, March 23, 2015

Qualcomm Backs Cyanogen In $80M Round

San Diego-based Qualcomm is one of the investors in mobile operating system developer Cyanogen, as part of that company's new, $80M Series C funding. According to Cyanogen, Qualcomm joins Premji Invest, Twitter Ventures, Telefonica Ventures...

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Thursday, March 19, 2015

b Spot, Founded By Former YouBet Founders, Gets $17M

The two, Los Angeles entrepreneurs behind online horse racing site YouBet.com--David Marshall and Russell Fine--have launched a new startup, called b Spot, which is looking to bring legal, online wagering to a wider audience--and have so fa...

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Tuesday, March 17, 2015

XPRIZE Targets Crowd With New Spinoff, HeroX

XPRIZE, the foundation which has been running multi-million dollar prizes aimed at spurring innovation to addresss some of the world's biggest issues, said Tuesday that it has spun out a new company, HeroX, aimed at crowdsourcing solutions ...

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Monday, March 16, 2015

Core Innovation Capital Backs Honest Dollar

Los Angeles-based venture capital investor Core Innovation Capital is backing a new finance startup, Honest Dollar, which is looking to help small and medium sized businesses start and run retirement plans for their company. Honest Dollar--...

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Monday, March 16, 2015

Kutcher, Oseary Launch New Venture Fund, Sound Ventures

Celebrity investor Ashton Kutcher and Guy Oseary, who have been making personal investments in technology companies via A-Grade Investments, said over the weekend as SXSW that they have launched a new, venture capital fund called Sound Vent...

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Thursday, March 12, 2015

Upfront Ventures Names Pando's Carney As Associate

Los Angeles-based venture capital investor Upfront Ventures has hired technology journalist Michael Carney as an Associate, Pando said Wednesday. Carney had covered technology on the West Coast for Pando. Upfront has been bolstering its rea...

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Thursday, March 12, 2015

Kura Oncology Finds $60M For Cancer Treatments

La Jolla-based Kura Oncology, a biopharmaceuticals startup focusing on treatments for solid tumors and blood cancers, has raised $60M in a private placement. The company said the funding came from EcoR1 Capital, along with Fidelity Manageme...

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Thursday, March 12, 2015

Lyft Lands $530M To Battle Uber

There's been a major, market battle in Los Angeles over the last few years, between on-demand ride services such as Lyft and Uber, not to mention local taxi and transportation companies. One of the players in the battle--Lyft--has just rais...

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Thursday, March 12, 2015

StarMaker Raises $6.5M From LA, Other Investors

StarMaker, a startup which provides tools to help musical talent create professional videos, earn money, and help build their following, said yesterday that it has raised $5.5M in a Series B funding round. The company, which has offices in ...

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Wednesday, March 11, 2015

Prevoty Picks Up $8M For Secure Application Software

Los Angeles-based Prevoty, a develops of software toolsets used to provide runtime protection of applications, has raised $8M in a Series A funding round, the company said today. The funding was led by US Venture Partners, and also included...

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Wednesday, March 11, 2015

Prevoty Picks Up $8M For Secure Application Software

Los Angeles-based Prevoty, a develops of software toolsets used to provide runtime protection of applications, has raised $8M in a Series A funding round, the company said today. The funding was led by US Venture Partners, and also included...

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Wednesday, March 11, 2015

Cinq Music Finds Funding

Santa Monica-based Cinq Music,  which helps music companies distribute their music digitally, through mobile, and physical channels, has raised a round of funding, according to GoDigital Media Group, the investor in the company. Size...

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Wednesday, March 11, 2015

March Capital Partners Backs E8 Security

Santa Monica-based March Capital Partners, the venture capital investment firm led by Jim Armstrong, Sumant Mandal, Gregory Milkin, and Jamie Montgomery, is the lead investor in a new cyber security startup, E8 Security. E8 Security said Tu...

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Tuesday, March 10, 2015

Independa Raises $6M

San Diego-based Independa, a developer of remote care technology aimed at the senior care market, said today that it has raised $6M in a Series B funding round. The new round came from City Hill Ventures. Independa, which is ledby Kian San...

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Monday, March 9, 2015

SlipChip Gets $26.5M For Microfluidics Technology

Pasadena-based SlipChip, a Caltech spinoff developing microfluidics technology, has raised $26.5M as part of an ongoing, $30M funding raising effort, according to a filing from the company. Details on the Series B funding have not yet been ...

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Monday, March 9, 2015

Coverhound Raises $14M To Ramp Hiring In Westlake Village

CoverHound, a startup which offers up an online marketplace for auto, motorcycle, home, and renter's insurance, said this morning that it has doubled its space in Southern California, as part of a new funding round for the company. CoverHou...

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Monday, March 9, 2015

Snapchat Courts Saudi Arabian Prince In New Funding

Venice, California-based Snapchat is in discussions with Saudi Arabian Prince Alwaleed bin Talal, over possible future funding for the company, according to the Prince's investment firm, Kingdom Holding Company. According to KHC, Prince Alw...

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Thursday, March 5, 2015

Nexus eWater Gets $2.1M For Water, Energy Recycling Device

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Wednesday, March 4, 2015

YouMail Raises $5.5M

Irvine-based YouMail, the cloud voicemail service led by Alex Quilici, has raised $5.5M in a Series B funding round, according to the company. YouMail said the new round brings its total raised in debt and equity to just over $20M. YouMail ...

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Tuesday, March 3, 2015

Booker, With Office In Irvine, Gets $35M

Online appointment booking service Booker, which has an office in Irvine, said Tuesday that it has raised $35M in a Series C funding round. The New York startup offers up an online service, aimed at small and medium sized businesses, and he...

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Monday, March 2, 2015

Rocket Lab Finds Funding For Small Satellite Delivery

Los Angeles- and New Zealand-based Rocket Lab, which says it is developing orbital vehicles for the delivery of small satellites into space, said it has raised a Series B financing round. Size of the funding was not announced. The Series B ...

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Monday, March 2, 2015

PSI Services Finds Private Equity Funding

Burbank-based PSI Services, a provider of professional testing services to both the commercial and government market, said today that it has scored a private equity investment. The funding came from Waud Capital Partners. Financial details ...

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Friday, February 27, 2015

Nasty Gal Picks Up $12.7M

Los Angeles-based online fashion retailer Nasty Gal has raised $12.7M, as part of an ongoing venture funding targeted at $16M, according to a regulatory filing by the firm this week. Source of the new funding was not announced. The new fund...

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Thursday, February 26, 2015

3D Robotics Lands $50M For Drone Technology

3D Robotics, the unmanned aerial vehicle maker behind the IRIS, X8, and many other drone vehicles, said Thursday that it has raised $50M in a Series C venture funding round. The funding was led by Qualcomm Ventures. The company--which has m...

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Thursday, February 26, 2015

Twenty20 Gets $20M For Crowdsourced Stock Photography

Marina Del Rey-based Twenty20 is taking aim at the stock photography market, announcing this morning that it has raised $20M in a Series A funding and launched its commercial image catalog out of beta. The startup--led by Matt Munson--said ...

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Thursday, February 26, 2015

Luxe Valet Raises $20M

Luxe Valet, the on-demand valet parking app provider which launched into LA in January, has reportedly raised $20M in a new financing. The funding came from Redpoint and Venrock, and also included the company's prior investors, including Go...

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Wednesday, February 25, 2015

Mavenlink Finds $19M For Project Management Tools

Irvine-based Mavenlink, the developer of business and project management software led by Ray Grainger, said Tuesday that it has raised $19M in a round of funding. The funding was split between $15M in equity, plus $4M in a credit facility. ...

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Monday, February 23, 2015

Machinima Gets $24M, But Chops Staff

Los Angeles-based YouTube network Machinima revealed last week that it has raised $24M in a funding round from Warner Bros., along with Redpoint Ventures, MK Capital, Coffin Capital and Allen DeBevoise. However, the company also made some b...

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Thursday, February 19, 2015

17hats Gets $1.25M For Small Business Automation Software

Pasadena-based 17hats, a developer of business automation software, has raised $1.25M in a seed funding round, according to the company. The funding was led by Wavemaker Partners, along with un-named strategic investors and angels. The star...

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Thursday, February 19, 2015

Philz Coffee Gets $15M For Expansion

Philz Coffee, the Silicon Valley coffee chain which has a single outpost outside of the Bay Area--in Santa Monica---has raised $15M to expand its footprint, the company said Wednesday. The funding came from Cowboy Ventures, Crunchfund, Mayn...

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Wednesday, February 18, 2015

NewCo Raises $1.7M For Tech Festivals

NewCo, the company which put together the NewCo festival in Los Angeles in November, has just raised $1.7M in a seed funding, the company disclosed today. The company--which connects people in the local technology industry with startups and...

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Wednesday, February 18, 2015

Science Inc. Gets $20M In Debt Funding, Grows To 150 People

Los Angeles based startup incubator/studio Science--which is behind such local startups as Dollar Shave Club and DogVacay--has raised $20M in a debt financing round, according to the companies. According to Fortune, the funding came from pr...

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Wednesday, February 18, 2015

Report: Snapchat Seeking $500M In New Funding, Valued At $19 Billion

Venice-based Snapchat is looking to raise at much as $500M in a new round of funding, currently valuing the company as high as $19 billion, according to a report from Bloomberg last night. The report cited a "person with knowledge of the ma...

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Wednesday, February 18, 2015

Firefly Games Raises $8M

Los Angeles-based Firefly Games has raised $8M in a Series A financing round, to help bring Asian mobile games to the Western market, the company said Monday. The funding was led by Skyocean International Holdings, Ceyuan Ventures and Guang...

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Tuesday, February 17, 2015

Tealium Takes $30.7M More

San Diego-based Tealium, the developer of marketing and tag management software led by Jeff Lunsford, said this morning that it has raised $30.7M in a Series D funding round. The funding was led by Georgian Partners, and also included Bain ...

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Tuesday, February 17, 2015

Laguna Pharmaceuticals Gets $30M

La Jolla-based Laguna Pharmaceuticals, a developer of biopharmaceuticals aimed at treating cardiac arrhythmia, said this morning that it has raised $30M in a Series B funding, and relocated its headquarters to La Jolla. The company said the...

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Thursday, February 12, 2015

Google's Investment In SpaceX Round Totals $900M

Mountain View-based Google confirmed in its quarterly earnings report this week that it was the biggest investor in the recent, $1 billion funding round for Hawthorne-based SpaceX. In the 10-K filing, Google confirmed that it invested $900M...

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Thursday, February 12, 2015

Cidara Therapeutics Raises $42M

San Diego-based Cidara Therapeutics, which is developing treatments for fungal and other infections, has raised $42M in a Series B funding. Names of the investors were not announced. Cidara said the funding came from a syndicate of healthca...

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Wednesday, February 11, 2015

Laurel & Wolf Raises $5.5M For Interior Design Marketplace

West Hollywood-based Laurel & Wolf, a startup which offers up an online marketplace to connect people with top interior designers, disclosed Wednesday that it has raised $5.5M in funding. The funding included $4.4M in a Series A funding, al...

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Wednesday, February 11, 2015

LA Startups At Forefront Of Hyperloop Efforts

Remember Elon Musks's HyperLoop--the grand idea for transporting people from Los Angeles to San Francisco at 800 mph? A new, Los Angeles startup, Hyperloop Technologies has emerged--with $8.5M in funding--to bring those dreams to life. Hype...

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Tuesday, February 10, 2015

New Matter Gets $6.5M For 3D Printing

Pasadena-based New Matter, which is developing consumer focused, 3D printers, said today that it has raised $6.5M in a Series A funding round. The funding was led by Alsop Louie Partners, and also included Arden Road Investments, Biotechono...

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Monday, February 9, 2015

Vinny Smith's Toba Capital Backs Sauce Labs

Vinny Smith, the former CEO of Orange County's Quest Software, has backed a developer of web and mobile application development, via his investment firm, Toba Capital. San Francisco-based Sauce Labs said last week that Toba had backed the c...

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Tuesday, February 3, 2015

Ziggedy Gets $1.3M For Nonprofit Shopping

Fountan Valley-based Ziggedy which operates an online shopping site which donates a portion of sales to nonprofits, said Tuesday that it has raised $1.3M in a funding round. The funding came from angels. Name of those angel investors were n...

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Thursday, January 29, 2015

Ouya Wins $10M From Alibaba, Eyes China

Santa Monica-based game console developer Ouya has just scored $10M in an investment round from Chinese e-commerce giant Alibaba, as part of an effort to take the company's technology to China, according to a report citing people familiar w...

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Thursday, January 29, 2015

HelloTech Finds $2.5M For Tech Support

Los Angeles-based HelloTech said this week that it has raised $2.5M in a seed funding round, to bring remote, technology support to consumers. The startup, led by Richard Wolpert, scored the funding from Upfront Ventures, Accel Partners, Cr...

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Thursday, January 29, 2015

Cargomatic Raises $8M For Shipping Marketplace

Los Angeles-based Cargomatic said Thursday that it has raised $8M in a Series A funding round, for its online marketplace for shipping services. The startup, led by Jonathan Kessler, offers up a service which helps connect local shippers wi...

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Thursday, January 29, 2015

Tech Coast Angels: Record Amount Invested In 2014

Southern California's biggest organized, angel investment group, the Tech Coast Angels, said this morning that the group had its biggest investment year ever in 2014, investing a total of $16.37M across 61 total deals. The group said the in...

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Wednesday, January 28, 2015

Shasta's Flynn Gets Promotion After String Of Silicon Beach Investments

Venture capital investment firm Shasta Ventures said Wednesday that it has promoted Sean Flynn--who has been key to that firm's many investments in Southern California--to Managing Director. Flynn sits on the boards of Los Angeles-based sta...

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Wednesday, January 28, 2015

Disney Opens Apps For Second Startup Accelerator Class

The Walt Disney Company said Tuesday that it is running another, startup accelerator class, as part of the Disney Accelerator program in Burbank, and is now accepting applications for a class of another, ten startups for the program. The ac...

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Wednesday, January 28, 2015

Lootsie Lands $3.5M For Mobile Loyalty

Culver City-based Loosie, a startup developing loyalty and rewards software for mobile apps, said this morning that it has raised $3.5M in a seed funding round. The funding came from tim Kendall (Pinterest, Facebook), Michael Liou (Anvil Ca...

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Tuesday, January 27, 2015

Aspyrian Therapeutics Raise $8.5M

San Diego-based Aspyrian Therapeutics>, which is developing technology to treat cancer tumors, has raised nearly $8.5M in a funding round, according to a regulatory filing. Details and investors in the company were not announced. Aspyrian i...

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Tuesday, January 27, 2015

Money Mailer Gets Funding Round

Garden Grove-based Money Mailer, the decidedly old-school provider of coupons via snail mail, has scored a funding round from investment firm Babson Capital Management, the two said Monday. Size of the investment was not disclosed. Money Ma...

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Monday, January 26, 2015

Western Digital Backs Memory Semiconductor Developer

Irvine-based Western Digital has backed the developer of semiconductor memory technology, as part of a strategic funding round. Everspin Technologies, which develops "magnetoresistive RAM"--aimed at use in such things at solid state storage...

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Wednesday, January 21, 2015

Qualcomm Backs Ravello For Virtualization Software

San Diego-based Qualcomm has made an investment in virtualization software developer Ravello Systems, Ravello said this morning, as part of a $28M funding round. The funding came from Qualcomm Ventures, SanDisk Ventures, along with Sequoia ...

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Tuesday, January 20, 2015

SpaceX Raises $1 Billion From Google, Fidelity

Hawthorne, California-based SpaceX, the Los Angeles area commercial rocket and spacecraft developer led by Elon Musk, announced Tuesday afternoon that it has raised a billion dollars in a financing round. The funding came from Google, Fidel...

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Monday, January 19, 2015

Google Set To Invest $1 Billion Into SpaceX, Say Reports

Hawthorne-based rocketship developer SpaceX is close to getting $1 billion from Google, according to reports Monday, as Google seeks to get into the space business. The investment reportedly values SpaceX at more than $10 billion. Neither S...

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Friday, January 16, 2015

Southern California Venture Investments Top $1.3 Billion In Q4

Venture capitalists invested more than $1.3 billion in Southern California startup, according to the latest MoneyTree Report issued by PricewaterhouseCoopers and the National Venture Capital Association last night, based on data from Thomso...

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Thursday, January 15, 2015

Sense360 Gets $2.75M To Unlock Mobile Sensors

Los Angeles-based Sense360 said this morning that it has raised $2.75M in a funding round, to go towards its development of a platform to help developers pull together information and make sense of all the data being generated by smart phon...

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Thursday, January 15, 2015

Ciphrex Gets $500K For Bitcoin Wallet

San Diego-based Ciphrex announced this morning that it has raised $500,000 in a Series A round, for the company's Bitcoin wallet software. Ciphrex--which was founded by Enrique and Eric Lombrozo, says it is developing a multisignature, Bitc...

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Wednesday, January 14, 2015

TVC Capital Raises $115M Software Fund

San Diego-based TVC Capital, the software-focused, growth equity investment firm founded by Jeb Spencer and Steve Hamerslag has raised a big, $115M software fund, the company said Wednesday. The fund said that TVC Capital III was oversubscr...

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Wednesday, January 14, 2015

LA's Newest Startup Gets $20M To Help You Skip Eating Altogether

Los Angeles has long been known as a foodie sort of town--however, LA's newest startup in town is, surprisingly, on quite the opposite side of the scale, hoping to help its customers completely bypass having to eat meals. Soylent, which rec...

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Wednesday, January 14, 2015

Obalon Therapeutics Pumps Up With $20M

San Diego-based Obalon Therapeutics, a developer of a medical device to help with weight loss, said today that it has raised $20M in a Series D financing. The funding came from Axon Ventures, Bader Sultan & Bros. Co. W.L.L., Mirae Asset Ven...

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Wednesday, January 14, 2015

lynda.com Raises $186M For Growth Efforts

Carpinteria-based lynda.com, which is led by Eric Robison, has raised a huge, $186M funding round, led by TPG. According to lynda.com, the round also included investments by existing investors Accel Partners, Spectrum Equity, and Meritech. ...

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Wednesday, January 14, 2015

TruMed Systems Raises $5.5M

San Diego-based TruMed Systems, a developer of automated, vaccine dispensing systems for physician's offices, has raised $5.5M in a Series B funding, according to the EvoNexus incubator. Other details on the funding were not announced. TruM...

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Tuesday, January 13, 2015

iPourIt Gets $2M For Beer Serving System

iPourIt, which develops computer-controlled, self-serve, beer- and wine-dispensing systems, has raised $2M more in a Series A-1 funding, according to the company. The startup, which is based in Orange County, said that the funding round cam...

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Tuesday, January 13, 2015

Allegro Opthalmics Raises $20M From Hanmi Pharmaceutical

San Juan Capistrano-based Allegro Opthalmics, a developer of treatments for eye diseases such as wet age-related macular degeneration (wet AMD), reported this morning that it has raised $20M in a strategic investment from Hanmi Pharmaceutic...

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Wednesday, January 7, 2015

Bluebeam Nets Local Angel Groups 20X Return

Local angel groups have hit the jackpot again with an investment, this time with the October acquisition of Pasadena-based Bluebeam in a $100M deal by German software company Nemetschek AG. The Tech Coast Angels and the Pasadena Angels reve...

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Tuesday, January 6, 2015

TenOneTen, A-Grade Get Quick Exit As Facebook Buys Wit.ai

Two, local Los Angeles area startup investors have gotten an early--and potentially, very lucrative--exit over at Wit.ai, a Bay Area startup working on natural language processing software and voice recognition technology. Wit.ai said today...

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Monday, January 5, 2015

Pasadena Angels Racked Up Four Exits, Closed 17 Deals in 2014

The Pasadena Angels, one of the most active organized angel investment groups in the Los Angeles area, released some details on the groups' 2014 performance over the holidays, saying that it saw a total of four exits--including a $100M exit...

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Monday, January 5, 2015

GlySens Raises $12M For Diabetes Monitoring

San Diego-based GlySens said today that it has raised $12M in a Series C funding round, for the company's continuous glucose monitoring systems for people with diabetes. The company said the funding came from both new and returning investor...

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Friday, January 2, 2015

Snapchat Raises $485.6M In New Funding

Venice, California-based Snapchat has raised an enormous, $485.6M funding round, according to a regulatory filing from the company on New Year's Eve. Details on the funding have not yet been announced by the company. According to the filing...

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Friday, January 2, 2015

What I Learned In 2014: David Cremin, DFJ Frontier

Over the last couple of weeks, we've been featuring the reflections on the last year from folks in Southern California's technology industry. Here, David Cremin, a venture capitalist at DFJ Frontier, shares his thoughts on 2014. What was...

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Friday, January 2, 2015

What I Learned in 2014: Jeb Spencer, TVC Capital

We've been featuring a few reflections on the last year from a number of movers and shakers in Southern California's technology industry over the last couple of weeks, during the holidays. Today, we have some thoughts from Jeb Spencer of TV...

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Monday, December 29, 2014

John Greathouse: What I Learned In 2014

Over the holidays, we're featuring a few reflections on 2014 from some of the movers and shakers in Southern California's technology industry. Today's thoughts come from John Greathouse, who is a partner at Rincon Venture Partners. 1. W...

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Monday, December 22, 2014

NoteVault Raises New Funding

San Diego-based NoteVault, which develops a cloud-based subscription product which lets engineering and construction companies takes notes by texting, typing, or speaking into their mobile devices, has raised a new round of funding, the com...

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Monday, December 22, 2014

UC San Diego Spinout Gets $15M From Bill Gates

A startup which is based on research conducted at the University of California, San Diego has scored $15M in a Series A funding. Echodyne Corp., which was co-founded by Tom Driscoll, a former University of California at San Diego researcher...

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Thursday, December 18, 2014

Edgewave Raises $2M For Cyber Security Efforts

San Diego-based cyber security software developer EdgeWave has raised $2M more in a Series A funding, the company said Wednesday. The funding included $1.2M from TVC Capital, $500,000 from Northgate, and $300,000 from Bill Baumel and RWI Ve...

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Tuesday, December 16, 2014

Upfront Ventures Raises New Fund Worth $280M

Los Angeles-based venture capital investment firm Upfront Ventures announced this morning that it has raised a fifth fund, worth $280M. According to the firm, the new fund will target early-stage technology investments, and will split half ...

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Tuesday, December 16, 2014

Upfront Ventures Raises New Fund Worth $280M

Los Angeles-based venture capital investment firm Upfront Ventures announced this morning that it has raised a fifth fund, worth $280M. According to the firm, the new fund will target early-stage technology investments, and will split half ...

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Tuesday, December 16, 2014

Sorrento Therapeutics Gets Strategic Investment From NantWorks

San Diego-based oncology drug developer Sorrento Therapeutics has scored a strategic investment from NantWorks, the biotech research company led by Dr. Patrick Soon-Shiong. According to the two, the investment comes as part of a global, str...

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Monday, December 15, 2014

LaunchpadLA Shifts Away From Accelerator Model

One of the highest profile startup accelerators in Los Angeles, LaunchpadLA, is officially shifting its model and getting out of the startup accelerator market--handing over its space to General Assembly, with its various partners embarking...

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Friday, December 12, 2014

Qualcomm Invests $40M In China

San Diego-based Qualcomm said Thursday that it has committed to investing $40M in China, investing in four different Chinese companies and one venture capital fund. Qualcomm said it invested in 7Invensun, which is developing eye-tracking pr...

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Thursday, December 11, 2014

VideoAmp Raises $2.2M For Video Advertising Platform

Santa Monica-based VideoAmp, which operates a programmatic video advertising platform, said this morning that it has raised $2.2M in a funding round, from Anthem Venture Partners, Simon Equity Partners, Third Wave Capital, Wavemaker Partner...

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Thursday, December 11, 2014

Woven Digital Finds $18M

Los Angeles-based Woven Digital has raised $18M in a Series A funding, the company said this morning, led by Institutional Venture Partners. Advancit Capital, The San Francisco 49ers, United Talent Agency, Advancit Capital, The San Francisc...

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Wednesday, December 10, 2014

Ring Gets $7M For Smart Doorbells

Santa Monica-based Ring, the smart doorbell startup led by Jamie Siminoff, has raised $4.5M in equity and another $2.5M in debt financing, the company disclosed Wednesday. The company--formerly known as Doorbot--said the Series A financing ...

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Wednesday, December 10, 2014

March Capital Partners Backs Appcito

Santa Monica-based venture capital investor March Capital Partners--the new investment firm led by longtime Southern California venture capital veterans Jim Armstrong, Sumant Mandal, Gregory Milken, and Jamie Montgomery--has made an investm...

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Tuesday, December 9, 2014

DB Networks Finds $17M For Network Security Software

Carlsbad-based DB Networks, a developer of cyber security software aimed at corporate networks, has raised $17M in a funding round, the company said this morning. The funding was led by Grotech Ventures, and also included Khosla Ventures an...

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Friday, December 5, 2014

Qualcomm Invests $7M In Qterics

San Diego-based Qualcomm has invested $7M in a new, Internet-of-Things startup called Qterics, as part of a strategic investment, according to Qterics' parent Silicon Image. Silicon Image said the investment provides a 7% ownership interest...

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Thursday, December 4, 2014

Uber Takes Lead In Ridesharing Fundraising With $1.2 Billion Round

Los Angeles has been one of the hottest markets for ridesharing companies, with Uber, Sidecar, Lyft, Flywheel, TaxiMagic, and Opoli -- and probably others--all trying to take a piece of the transportation market. However, it looks like ride...

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Wednesday, December 3, 2014

Sonos Raises $130M In New Funding

Santa Barbara-based whole home music system maker Sonos has raised $130M in a new funding round, according to a regulatory filing from the firm. No details of the funding have yet been announced by the company. According to the filing, eigh...

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Wednesday, December 3, 2014

InstaMed Raises $17 M For Healthcare Payments

Newport Beach- and Philadelphia-based InstaMed, which operates a healthcare payments network, has raised $2M more in a private placement to accelerate its business, bringing the total raised in its round to $17M. According to the company, t...

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Tuesday, December 2, 2014

SendGrid Gets $20M More For Email Delivery

SendGrid, the developer of email delivery platform used heavily by app developers, has raised $20M more in a Series C, venture funding round, the company said this morning. The company--which has significant operations in Orange County--sai...

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Monday, December 1, 2014

Scripted.com, Backed By LA Investors, Finds $9M More

Scripted.com, which operates an online marketplace for professionally written content--which was originally backed by LA investors--has raised $9M more in a funding. The company--led by UCLA Anderson grad Sunil Rajaraman--had originally rai...

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Monday, November 24, 2014

Rincon Backs Rentlyics In $4M Round

Santa Barbara-based venture capital investor Rincon Ventures is one of the leads on an investment in rental management software developer Rentlytics, on a new $4M funding round for the company. San Francisco-based Rentlytics disclosed today...

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Friday, November 21, 2014

Pluto.TV Raises $13M

Los Angeles-based Pluto TV, an online video streaming and channel guide, said Thursday that it has raised $13M in a Series A funding round. The funding came from U.S. Venture Partners, United Talent Agency, Sky plc, Chicago Ventures, Great ...

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Thursday, November 20, 2014

Flywheel Picks Up $12M, And A New CEO

Mobile on-demand taxi app developer Flywheel, which has been attempting to leverage the existing taxi and transportation infrastructure in Los Angeles to go head-to-head against Uber, said Thursday that it has raised $12.0M in a Series C fu...

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Thursday, November 20, 2014

FastPay Finds $15M

Los Angeles-based FastPay, which offers up financial products specifically aimed at advertising driven businesses, said this morning that it has raised $15M in a funding round. The company, which is led by Jed Simon, said the funding came f...

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Thursday, November 20, 2014

BioNano Genomics Gets $53M

San Diego-based BioNano Genomics said this morning that it has raised $53M in a Series C funding round, for the company's genome mapping technology. The funding was co-led by Legend Capital and Novartis Venture Fund, and also included Feder...

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Wednesday, November 19, 2014

Honk Launches On Demand Roadside Help Service, Raises $1.8M

Have a flat tire, locked yourself out of your car, or need a tow--but not a member of a roadside assistance service? Santa Monica-based Honk has launched a service for you, specifically to let you summon roadside help using your smartphone-...

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Wednesday, November 19, 2014

Carbonics Raises $5.5M For RF Materials

Marina Del Rey-based Carbonics, a developer of carbon nanomaterials aimed at improving the power consumption and performance of wireless semiconductors, has raised $5.5M in a funding round. The funding came from TAQNIA international. Carbon...

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Wednesday, November 19, 2014

Carbonics Raises $5.5M For RF Materials

Marina Del Rey-based Carbonics, a developer of carbon nanomaterials aimed at improving the power consumption and performance of wireless semiconductors, has raised $5.5M in a funding round. The funding came from TAQNIA international. Carbon...

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Tuesday, November 18, 2014

Seriously Adds $5M For Mobile Games Effort

Santa Monica- and Helsinki-based Seriously, a developer of mobile games, has raised $5M in additional funding, according to the company. The funding came from Upfront Ventures, Sunstone Capital, and Daher Capital. Seriously has its business...

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Tuesday, November 18, 2014

Renova Therapeutics Raises $7.52M

San Diego-based Renova Therapeutics, a biopharmaceuticals company developing treatments for congestive heart failure and other diseases, has raised $7.52M in a Series C funding round. The company said the funding primarily came from high ne...

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Monday, November 17, 2014

Soci Gets $1.5M For Social Media Marketing

San Diego-based Soci, a developer of a social content discovery engine and social media marketing software product, has raised $1.5M in a Series A funding. The company said the round was led by angel Peter Fischer (Shepherd Ventures) and Si...

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Monday, November 17, 2014

WiGo Seeded By Rad, Mateen

Boston-based WiGo (Who Is going Out), a developer of mobile apps to help college students coordinate their social lives, has scored seed funding from Sean Rad and Justin Mateen, the two local entrepreneurs behind hit app Tinder. According t...

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Thursday, November 13, 2014

Qualcomm Backs Ineda Systems' Chips For Wearables

San Diego-based Qualcomm has made an investment into a company developing systems-on-a-chips and processors specifically for the wearables market, Ineda Systems. Ineda said that Qualcomm participated in a Series B funding, worth $19M, which...

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Thursday, November 13, 2014

Scopely Secures $35M

Los Angeles-based Scopely, which is led by Walter Driver, has raised a big, $35M funding round, the company said this morning. The funding was led by Evolution Media Partners, the joint venture created by TPG Growth, Participant Media, and ...

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Wednesday, November 12, 2014

Pathway Genomics Lands Investment From Google

San Diego-based Pathway Genomics has scored an investment from Google, the two said Wednesday, as part of an investment out of IBM's Watson Group. Financial terms of the investment were not disclosed. According to the companies, the investm...

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Wednesday, November 12, 2014

Finding The Secret To Success With Crowdfunding, With Chance Barnett

What is the secret to a successful crowdfunding effort--and how should you conduct a crowdfunding campaign? We spoke with Chance Barnett, the CEO and founder of Los Angeles-based Crowdfunder (www.crowdfunder.com), to learn more about how to...

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Monday, November 10, 2014

DogVacay Gets $25M More

Los Angeles-based dog sitting marketplace DogVacay has raised $25M more in a Series B1 funding, the company disclosed this morning, as the competition heats up for the "top dog" in the market. The new round was led by Omers Ventures, and al...

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Friday, November 7, 2014

Orange County Investor Commits $1M To Early Stage Startups

Jason Thanh La, the co-founder and CEO of payment processing company Merchant Services Group, said this week that he has committed to personally fund $1M to early stage companies in Southern California. La said he is specifically seeking ea...

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Thursday, November 6, 2014

FloQast Gets $1.3M For Financial Software

Los Angeles-based FloQast has raised $1.3M in a funding round, according to the company. Source of the funding was not disclosed. According to FloQast, it is developing closing software aimed at helping accountants close their books faster,...

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Wednesday, November 5, 2014

Aggregage Gets $1M

El Segundo-based Aggregage, which develops software driven B2B websites and newsletters which aggregate blog and news postings for specific industries, has raised $1M in a convertible note, the company said today. Aggregage said the funding...

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Tuesday, November 4, 2014

Audyssey Gets Funding From Intel Capital

Los Angeles-based audio processing technology developer Audyssey and Intel Capital said Tuesday morning that Intel Capital has made an investment in Audyssey. Financial details of the funding were not disclosed. The announcement came in con...

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Thursday, October 30, 2014

uBeam Gets $10M For Wireless Charging

Los Angeles-based uBeam, a developer of wireless charging technology which uses ultrasound to transmit energy, has raised $10M in a Series A funding round, the company said Thursday. The funding was led by Upfront Ventures, and also include...

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Wednesday, October 29, 2014

P.S. XO, Seedling Merge, Raise $7M For Children's Crafts, Toys

Los Angeles-based P.S. XO, the e-commerce and crafts startup founded by Soleil Moon Frye and Kara Nortman, said this morning that it has merged with craft and toy brand Seedling, and raised $7M in a funding round. The funding came from Upfr...

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Wednesday, October 29, 2014

P.S. XO, Seedling Merge, Raise $7M For Children's Crafts, Toys

Los Angeles-based P.S. XO, the e-commerce and crafts startup founded by Soleil Moon Frye and Kara Nortman, said this morning that it has merged with craft and toy brand Seedling, and raised $7M in a funding round. The funding came from Upfr...

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Wednesday, October 29, 2014

weeSPIN Finds Funding For Social Networking App

Los Angeles-based weeSPIN announced late Tuesday that it has raised a seed investment round for its music-focused, social networking app. weeSPIN is led by Darius Fong, and offers up an app with a collaborative playlist and connects to stre...

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Tuesday, October 28, 2014

Tinder Gets Investment From Benchmark

Los Angeles-based mobile dating app developer Tinder said late Tuesday afternoon that it has scored an equity investment round from Benchmark. Size of the investment was not announced. According to Tinder, Benchmark takes an undisclosed equ...

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Tuesday, October 28, 2014

ScoreBig Finds $18M

Los Angeles-based ScoreBig, the online live event ticket marketplace led by David Goldberg, said this morning that it has raised $18m in a new funding round. The round was led by Hearst Ventures, and also included the company's prior invest...

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Monday, October 27, 2014

Payoff.com Gets $12M From Bond Guru

Costa Mesa-based Payoff.com, which operates a peer-to-peer, lending site led by Scott Saunders--and whose Chief Scientist is Galen Buckwalter, who was the Chief Scientific Officer at eHarmony--has raised $12M in a funding effort. The fundin...

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Monday, October 27, 2014

Enrou Wins $400,000 From Forbes

Los Angeles-based Enrou, an online marketplace for fashion and lifestyle products which benefit causes such as education, entrepreneurship, the environment, empowerment of women, and youth, has scored a $400,000 prize from Forbes, as part o...

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Monday, October 27, 2014

TVC Portfolio Company Limeade Gets $25M More

Limeade, a developer of software which helps employers improve the health of their employees, has raised a big, $25M funding round, the company said this morning. Limeade is backed by San Diego-based private equity investor TVC Capital. The...

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Monday, October 27, 2014

Kareo Gets $15M Debt Funding

Irvine-based Kareo, which provides cloud-based, medical office software, said Friday that it has raised $15M in a mezzanine debt funding round. The funding came from Escalate Capital Partners. The company said the new funding brings its tot...

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Thursday, October 23, 2014

Tipalti Takes $13M To Automate Mass Payments

Agoura Hills-based Tipalti, a developer of software to automate mass payments--for example, for affiliate advertising firms and marketplaces--has raised $13M in a funding round, according to the company. The Series B funding came from Wickl...

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Wednesday, October 22, 2014

StackIQ Raises $6M

San Diego-based StackIQ, which develops IT automation tools for the enterprise, has raised $6M in a Series B funding round, according to the company. The new funding came from Grayhawk Capital, Keshif Ventures, DLA Piper, and OurCrowd, as w...

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Wednesday, October 22, 2014

OneRoof Energy Boosts Financing

San Diego-based OneRoof Energy Group said this morning that it has closed on a series of financing agreements, which will provide approximately $16.7M to the company. The company said the new funding comes from Black Coral Capital and Hanwh...

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Tuesday, October 21, 2014

Zuma Ventures Takes On Early Stage Startups

Two, Los Angeles area startup veterans--David Carter and Allen Hurff--launched a new "venture studio" Tuesday morning aimed at helping to create and incubate early stage startups. According to the two, they have launched Zuma Ventures, a ne...

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Friday, October 17, 2014

Upfront Backs Osmo's iPad Connected Toys

Los Angeles-based Upfront Ventures is one of the investors in iPad toy maker Osmo, which said yesterday that it has raised $12M in a Series A funding. Osmo--which is based in Palo Alto--said it raised the funding from Accel Partners, along ...

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Friday, October 17, 2014

Upfront Backs Osmo's iPad Connected Toys

Los Angeles-based Upfront Ventures is one of the investors in iPad toy maker Osmo, which said yesterday that it has raised $12M in a Series A funding. Osmo--which is based in Palo Alto--said it raised the funding from Accel Partners, along ...

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Thursday, October 16, 2014

Wilshire Axon Sports Finds $2M

Los Angeles-based Wilshire Axon Sports, which develops software to help sports teams connect with their fans via social media, has raised $2.0M in a funding round. The funding was led by Mosaik Partners, and also included KGC Capital and Al...

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Wednesday, October 15, 2014

Disney Accelerator Shows Off First Class Of Startups

The Disney Accelerator, the startup accelerator sponsored by Walt Disney and being run by TechStars, had its demo day Tuesday, showing off the nine companies to emerge out of the accelerator. Among the announcements at the demo day were the...

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Wednesday, October 15, 2014

OneRoof Energy Gets $2M In Debt Funding

San Diego-based OneRof Energy, the provider of solar lease financing and solar installation services for the residential market, has raised $2M in a debt financing. The company said the funding came from New Resource Bank. OneRoof said the ...

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Tuesday, October 14, 2014

Speakr Finds $2.9M For Social Marketing

Los Angeles-based Speakr, which provide social influence marketing to brands, said today that it has raised $2.9M in a seed funding round. The funding came from Allegro Venture Partners, Brett Hurt (Bazaarvoice), Ed Snider (Comcast Spectaco...

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Tuesday, October 14, 2014

DNAtrix Gets $20M For Cancer Killing Viruses

San Diego-based DNAtrix, which is developing modified viruses intended to treat aggressive cancers, has raised $20M in a Series B financing. The funding was led by Morningside Ventures, and also included Mercury Fund, Targeted Technology Fu...

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Monday, October 13, 2014

Cosmederm Gets $50M

San Diego-based Cosmederm, which is developing aesthetic medicines aimed at dermatology and pain management, said today that it has raised $50M in a funding round. The funding came from Woodford Investment Management, a UK-based investment ...

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Monday, October 13, 2014

Vyu Raises $825K

Los Angeles-based Vyu, which is developing a personalized, mobile entertainment guide service, said this morning that it has raised $825,000 in a seed funding round. The funding came from Jabbar Internet Group and other investors. The start...

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Wednesday, October 8, 2014

Crowdfunder Raises $3.5M

Los Angeles-based crowdfunding site Crowdfunder.com, the equity crowdfunding site led by Chance Barnett, has raised $3.5M in a Series A funding, the company said late Tuesday evening. The funding came from Tim Draper (DFJ), Bill Quigley (Cl...

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Wednesday, October 8, 2014

Avidity NanoMedicines Raises $6M

La Jolla-based Avidity NanoMedicines, which is developing nanoparticle technology aimed at the drug development area, has raised $6M in a convertible note financing. The company said the round was co-led by Fidelity Biosciences and TPG Biot...

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Tuesday, October 7, 2014

TenOneTen Backs Curbside For Mobile Ordering, Pickup

Los Angeles-based TenOneTen Ventures, the venture capital firm run by David Waxman and Gil Elbaz, is one of the investors in a mobile app developer which helps consumers order products and pick the up at the curbside of local retailers like...

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Tuesday, October 7, 2014

BloomNation.com Gets $5.55M For Local Flower Delivery

Santa Monica-based BloomNation.com, the online floral arrangement marketplace headed by Farbod Shoraka, has raised $5.5M in a funding round, the company said this morning. The funding came from Ron Conway, Andreessen Horowitz, Spark Capital...

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Tuesday, October 7, 2014

Beepi Gets $60M To Expand Car Buying, Selling To LA

Beepi, a startup which helps individuals sell and buy cars online--by taking your car and running it through a 185 point inspection process, get professional photos, and more--has raised $60M to expand into the Los Angeles area and beyond. ...

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Tuesday, October 7, 2014

Civic Resource Group Gets $300K

Los Angeles-based Civic Resource Group, which develops cloud, mobile, and other software for government and other civic organizations, has raised $300,000 in a debt funding round, the company said this morning. The funding came from Lighter...

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Monday, October 6, 2014

OneRoof Energy Lands $16.7M More In Financing

San Diego-based solar power financing provider OneRoof Energy said Friday that it has scored an additional, $16.7M in financing for the company, which came from Black Coral Capital LLC and Hanwha Group. Both are existing investors in the co...

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Monday, October 6, 2014

ShipHawk Scores $5M For Shipping Marketplace

Santa Barbara-based ShipHawk, the online developer of technology for helping connect users with shipping companies, has raised $5M in a funding round, the company said this morning. The startup, led by Jeremy Bodenhamer, said the funding ca...

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Monday, October 6, 2014

Alteryx Raises $60M

Irvine-based Alteryx, a developer of data analytics software, said this morning that it has raised $60M in a new investment round. THe funding said the round was led by Insight Venture Partners, and also included SAP Ventures and Toba Capit...

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Monday, October 6, 2014

Yahoo Planning Big Investment In Snapchat, Says Report

Yahoo is planning a big investment in Venice-based Snapchat, in a deal that values Snapchat at $10 billion, according to a report over the weekend. The WSJ reports that Yahoo is investing around $20M in Snapchat at the lofty valuation, usin...

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Thursday, October 2, 2014

Upfront Leads Investment In Navdy's Google Glass For Your Car

Los Angeles-based venture capital investor Upfront Ventures is the lead investor in a developer of a heads up display for any car, which the company likens to a "Google Glass for your Car". Navdy--which is based in San Francisco--said it ra...

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Thursday, October 2, 2014

NantHealth Raises $320M Funding Round

In what looks to be the largest funding round for Southern California in a very long while, Los Angeles-based NantHealth, the life sciences and technology firm started by billionaire Dr. Patrick Soon-Shiong, said Wednesday that it has raise...

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Wednesday, October 1, 2014

Rowl Raises $4M For Event Discovery

Santa Monica-based Rowl, which develops apps to help users figure out what is going on around them, said Wednesday that it has raised $4M in a funding round. The company said the investors included former Logitech CEO Jerry Quindlen and cur...

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Wednesday, October 1, 2014

Lindzon Backs Estate Assist

One of Southern California's most active angel investors, Howard Lindzon, said Wednesday that he is backing Estate Assist, which offers up an online storage service for important documents like wills, life insurance, and bank account inform...

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Wednesday, October 1, 2014

Aerie Pharmaceuticals Completes $125M Financing

Newport Beach-based pharmaceuticals developer Aerie Pharmaceuticals said late Tuesday that it has completed its $125M, convertible note financing from Deerfield Management Company. The financing deal had been announced earlier in the month....

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Monday, September 29, 2014

Squawkin Raises $2.5M For Social Communications App

Pasadena-based Squawkin, a developer of mobile apps which let users communicate using voice, photos, and text, said Monday that it has raised $2.5M in a funding round, and also has launched its apps. The startup said its new app, which runs...

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Monday, September 29, 2014

Dollar Shave Club Gets $50M More

Los Angeles-based Dollar Shave Club, the subscription e-commerce startup led by Michael Dubin, has raised $50M in a Series C funding round, the company disclosed this morning. The funding came from Technology Crossover Ventures. The company...

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Wednesday, September 24, 2014

Former eHarmony Chief Waldorf Surfaces At Invoice2go

The former head of eHarmony, Greg Waldorf, has surfaced over at a small mobile invoicing and expense management startup called Invoice2go, after a big funding round for the company. Invoice2go--founded in Australia--said it raised $35M in a...

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Wednesday, September 24, 2014

InstaMed Finds $15M For Healthcare Payments

Newport Beach-based InstaMed, which operates a payment network for healthcare providers, says it has raised $15M in a funding round. The company said the new funding came from four funds and four publicly traded companies, none of which wer...

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Tuesday, September 23, 2014

Ivantis Gets $25M More

Irvine-based Ivantis, which is developing medical devices to treat glaucoma, has raised $25M more in its Series B funding, the company said this morning. The company said the new funding increases the round to a total of $71M in funding. Th...

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Tuesday, September 23, 2014

Avalon Ventures, GlaxoSmithKline Team On Two New Startups

San Diego-based venture capital investor Avalon Ventures and biopharmaceuticals firm GlaxoSmithKline said Monday that the two have teamed up to fund and launch up to 10, early stage life science companies. The two have initially funded two ...

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Monday, September 22, 2014

Kin Lands $12M For Women's Lifestyle Channels

Santa Monica-based KIN, which operates a female-focused lifestyle YouTube network, has raised $12M in a funding round, the company said last week. The funding came from Corus Entertainment, Emil Capital, Mayfield Fund, General Catalyst Part...

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Monday, September 22, 2014

Club W Gets $9.5M

Los Angeles-based subscription wine delivery company Club W announced this morning that it has raised $9.5M in a Series A funding, for the company's service which provides monthly delivery of wins to members. The startup said the funding wa...

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Monday, September 22, 2014

CurbStand Raises $3M For Valet Parking App

Los Angeles-based CurbStand, a startup which develops an iOS app to help users find and pay for valet parking, has raised $3M in a funding round, the company said this morning. The startup--led by Serge Gojkovich--said the funding came from...

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Monday, September 22, 2014

Adaptive Medias Raises $5.2M

Irvine-based Adaptive Medias, the provider of programmatic advertising technology, said this morning that it has raised $5.2M in a private placement. The publicly held company did not say where the new funding came from. Adative Medias said...

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Friday, September 19, 2014

Colorescience Gets $15M

Carslbad-based Colorescience, a developer of premium makeup, suncare, and skincare products, said this week that it has raised $15M in a funding round. The Series B funding was led by Longwood Fund, and also included the company's existing ...

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Thursday, September 18, 2014

Gem Gets $2M For Bitcoin API

Venice, California-based Bitcoin startup Gem has raised $2M, to make Bitcoin easier to use for developers, the company said this week. According to Gem, the seed funding came was led by First Round Capital and Tekton Ventures and also inclu...

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Thursday, September 18, 2014

Metacloud VC On Cisco Acquisition: "Epic Exit"

According to one of Pasadena-based Metacloud's venture capital backers, the acquisition of the cloud services provider by Cisco on Wednesday was an "epic exit". The statement came from Jason Lemkin, a venture capitalist at Storm Ventures. N...

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Thursday, September 18, 2014

Shuttlerock Raises $2.35M, Sets Up Shop In LA

Shuttlerock, a New Zealand-based developer of marketing software which helps companies embed social media generated by their fans into their websites, has raised $2.35M in a Series A funding, and opened up its US headquarters in Los Angeles...

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Thursday, September 18, 2014

Docupace Gets Majority Investment

Los Angeles-based Docupace Technologies, a provider of electronic processing technology aimed at the financial institutional and wealth management industry, said today that it has raised a round of funding from RCS Capital Corporation. The ...

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Thursday, September 18, 2014

Rio SEO Raises New Funding, Takes Independent Path

San Diego-based Rio SEO, the local search software development arm of Covario, said Wednesday that it has raised a new round of funding to take the company independent. The new funding comes after the rest of Covario was sold to Dentsu Aegi...

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Wednesday, September 17, 2014

BeautyCon Raises $5M

Los Angeles-based BeautyCon, which organizes conferences and runs a website focused on beauty and fashion as it intersects with online media, has raised $5M in a seed funding round. The funding came from Hearst Corp., Rachel Zoe Ventures, Q...

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Wednesday, September 17, 2014

BeautyCon Raises $5M

Los Angeles-based BeautyCon, which organizes conferences and runs a website focused on beauty and fashion as it intersects with online media, has raised $5M in a seed funding round. The funding came from Hearst Corp., Rachel Zoe Ventures, Q...

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Tuesday, September 16, 2014

Insights and Opinions: The Curse of a Modest Exit

For today's Insights and Opinions article, we have an article from angel investor Steve Reich, who talks about the pros and cons of a modest exit in an investment. You hear about extreme outcomes all the time—the huge exit or a compa...

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Tuesday, September 16, 2014

University of California Plans $250M Venture Capital Fund

Startups related to the many University of California campuses in Southern California may soon have a new source of funding: The University of California itself, via a new, $250M venture capital fund. According to UC President Janet Napolit...

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Tuesday, September 16, 2014

University of California Plans $250M Venture Capital Fund

Startups related to the many University of California campuses in Southern California may soon have a new source of funding: The University of California itself, via a new, $250M venture capital fund. According to UC President Janet Napolit...

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Tuesday, September 16, 2014

3D Robotics Gets Investment From Richard Branson

San Diego-based 3D Robotics, the drone technology developer led by Chris Anderson and Jordi Munoz, has scored a high profile investment from Sir Richard Branson, according to the firm. Financial details of the investment were not disclosed....

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Tuesday, September 16, 2014

Workpop Raises $7.9M To Connect Job Seekers, Employers

Los Angele-sbased Workpop, a new startup founded by former Zynga executive Reed Shaffner and Viddy Co-Founder Chris Ovitz said this morning that it has raised $7.9M in a funding round. The startup is creating an online marketplace and commu...

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Monday, September 15, 2014

Sidecar Finds $15M More To Expand Ridesharing Fight

It looks like the peer-to-peer marketplace for rides in Los Angeles is about to get a lot hotter, as one of the companies competing in the market--Sidecar said this morning that it has raised $15M more in funding. The company--which compete...

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Friday, September 12, 2014

Upfront Ventures Backs 6SensorLabs

Los Angeles-based venture capital investor Upfront Ventures is the lead investor in a developer of a food testing gadget, initially aimed at sensing gluten in food. According to San Francisco-based 6SensorLabs, it has raised $4M in a seed f...

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Friday, September 12, 2014

AssetAvenue Gets $3M In Seed Funding

Los Angeles-based peer-to-peer commercial real estate investment site AssetAvenue said Friday that it has raised $3M in a seed funding round. According to the company, the funding was led by Matrix Partners and NetEase, with other investors...

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Friday, September 12, 2014

LEHR Gets New Private Equity Funding

Los Angeles-based LEHR, which develops propane-fueled tools and engines, has received a round of private equity funding from Newport Beach-based Solis Capital Partners, according to the firms. Size of the investment was not disclosed. LEHR ...

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Thursday, September 11, 2014

Vision Internet Gets Private Equity Investment

Santa Monica-based Visio Internet, which develops Internet sites for governments, has raised a round of growth capital, according to the company. The funding came from Caltius Equity Partners. Size of the investment was not disclosed. As pa...

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Wednesday, September 10, 2014

Avelas Biosciences Finds $7.4M

San Diego-based Avelas Biosciences, which is developing cell penetrating peptides to light up cancerous tissue in patients during surgery, has raised $7.4M in a Series B funding. The second tranche of the company's Series B came from invest...

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Wednesday, September 10, 2014

Tinder Raising Big Round, Says Report

Los Angeles-based mobile dating app developer Tinder is in the midst of raising a big round of funding, according to an unconfirmed report today. The report--from TechCrunch--says the deal values Tinder at between $750M and $1 billion. Amou...

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Wednesday, September 10, 2014

Telogis Finds New Funding

Aliso Viejo-based Telogis, the developer of route planning and fleet management software led by David Cozzens, said today that it has raised a strategic investment round. The funding came from Fontinalis Partners, the venture capital invest...

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Tuesday, September 9, 2014

HomeUnion Gets $5.5M For Real Estate Management

Irvine-based HomeUnion, a startup which provides a way for individuals to invest in real estate--and which handles management of those investment properties for owners--has raised $5.5M in a Series A funding, according to the company. The f...

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Tuesday, September 9, 2014

Sonendo Raises $35M

Laguna Hills-based Sonendo, which is developing a system for root canal therapy, has raised $35M in an equity financing round, according to the company. The funding was led by Meritech Capital Partners, and also included SEB Private Equity,...

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Tuesday, September 9, 2014

Edufii Scores $1.4M For Athletic Training App

San Luis Obispo-based Edufii said this morning that it has raised $1.4M in a Series A financing, to go towards its social and mobile platforms for athletic training. The funding was led by DFJ Frontier and the Pasadena Angels, and also incl...

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Tuesday, September 9, 2014

Aerie Pharmaceuticals Raises $125M

Newport Beach-based Aerie Pharmaceuticals said today that it has raised $125M in a convertible note financing. The publicly held pharmaceuticals firm--which is developing treatments for glaucoma--said the funding came from a current shareho...

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Monday, September 8, 2014

Bill Gross Backs Startup Idea Marketplace IdeaMarket

Bill Gross, the founder of Pasadena's Idealab, is stepping out of the lab, and into the market--saying Monday that it has co-founded a new startup called IdeaMarket, which will let investors submit funded, high level startup ideas, let the ...

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Wednesday, September 3, 2014

Aligned TeleHealth Gets Angel Funding

Agoura Hills-based Aligned TeleHealth, a provider of telemedicine services and technology, said today that it has raised a round of private financing from two individuals. Size of the funding was not announced. The company said the funding ...

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Tuesday, September 2, 2014

Measurabl Gets $2M For Sustainability Software

San Diego-based Measurabl, a provider of sustainability reporting software, disclosed this morning that it has raised $2M in a seed funding from CrossCut Ventures. Measurabl is led by Matt Ellis, formerly the Director of Sustainability Solu...

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Tuesday, September 2, 2014

Legend3D Raises $10M

Carlsbad-based Legend3D, a provider of 3D visual effects and technology, said today that it has raised $10M in a Series C funding round. The funding came from Northwater Capital Management and Augustus Ventures Limited. Legend3D said the ne...

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Friday, August 29, 2014

JustFab Raises $85M At $1 Billion Valuation

In the latest, big-valuation funding round for Southern California, Los Angeles-based JustFab has raised $85M in a funding round that values the company at $1 billion. The company--which has been working on the round since May--comes as the...

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Thursday, August 28, 2014

Connequity Raises $550,000, Opens Series A

San Diego-based professional networking site Connequity says it has raised $550,000 in an angel round, and has opened up a new Series A funding, after renaming the company from its former name, GROWconnections. The startup--which is still i...

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Wednesday, August 27, 2014

Neurosigma Files For IPO

Los Angeles-based NeuroSigma, a developer of medical devices aimed at treating epilepsy and depression, has filed for an IPO, saying that it is looking to raise up to $50M on the public markets. The company said it has applied to list on th...

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Wednesday, August 27, 2014

Report: Snapchat Valued At $10 Billion In New Funding

Venice-based Snapchat is in the midst of raising a new round of funding, led by storied venture capital investor Kleiner Perkins Caufield & Byers, which valued the company at close to $10 billion, according to a report. Citing "people with ...

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Tuesday, August 26, 2014

The Honest Company Gets $70M

Los Angeles-based The Honest Company, the online, family products retailer led by serial entrepreneur Brian Lee, and which was co-founded by Jessica Alba, has raised $70M in a funding round, according to the company Tuesday. The funding was...

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Tuesday, August 26, 2014

ZipRecruiter Gets $63M Series A

In what looks like one of the largest Series A funding rounds in awhile in Southern California, Santa Monica-based ZipRecruiter announced this morning that it has raised $63M in a funding round, for its job posting service for small and med...

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Monday, August 25, 2014

Lastline Gets $10M For Malware Protection

Lastline, a developer of cybersecurity software for malware defense, which has its research and development headquarters in Goleta, has raised $10M more in funding. According to Lastline, the funding came from Dell Ventures and Presidio Ven...

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Thursday, August 21, 2014

Nervana Nabs $3.3M For Machine Learning Hardware

San Diego-based Nervana System has raised $3.3M for its hardware-based, machine learning tools, according to the company. Nervana said the Series A funding was led by DFJ, and also included Allen & Co., AME Cloud Ventures, and Fuel Capital....

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Thursday, August 21, 2014

JMI Equity Raises $1 Billion Fund

San Diego-based private equity investor JMI Equity said Wednesday that it has closed on a new, $1 billion growth equity fund, JMI Equity Fund VIII. According to JMI, the new fund brings its total raised to over $3.1 billion since 1992. JMI ...

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Wednesday, August 20, 2014

IQMS Finds Private Equity Funding

Paso Robles-based IQMS, a 25 year old developer of manufacturing ERP software, said Tuesday that it has raised a strategic growth equity investment from Technology Crossover Ventures and Banneker Partners. Size of the investment was not ann...

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Tuesday, August 19, 2014

Report: SpaceX Raising New Funding At Near $10 Billion Valuation

A new report this morning says that Hawthorne-based spaceship and rocket developer Space Exploration Technologies is in the midst of raising a new round of investment, which values the company at around $10 billion. Amount of funding, and t...

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Monday, August 18, 2014

Algorithmia, Co-Founded By USC Grad Student, Gets $2.4M

A new startup, Algorithmia, which was co-founded by a USC PhD student, said today that it has raised $2.4M in a seed funding round, to go towards its online marketplace for computer software algorithms. The startup--which was co-founded by ...

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Thursday, August 14, 2014

AuditFile, Started At UCLA, Raises $3M For Auditing Software

AuditFile, a developer of cloud-based auditing software for CPAs, has raised $3M in a funding round, the company said Thursday. The company was founded by Kevin Bong, who started the company in his dorm room at UCLA as a senior. According t...

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Thursday, August 14, 2014

Vadio Gets Backing From Mucker Capital, Amplify, Others In $2M Funding

Vadio, the developer of a platform which helps match music videos and ads with streaming music, said Thursday that it has raised $2M in a seed funding round, which included Mucker Capital, Amplify.LA, as well as other LA investors. The comp...

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Thursday, August 14, 2014

Geneva Healthcare Gets $1.8M

San Diego-based Geneva Healthcare has raised $1.8M in a funding round, the company said this morning, to go towards the development of its platform for managing data from cardiac devices. The company said the funding came from high net wort...

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Wednesday, August 13, 2014

ClariPhy Raises $19.74M

Irvine-based ClariPhy, which develops high speed, CMOS ICs used for optical networking, has raised $19.74M in a funding round, according to a regulatory filing from the firm today. Details on the funding have not yet been announced by the c...

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Wednesday, August 13, 2014

TenOneTen Ventures Eyes $25M Fund

Los Angeles-based venture capital investor TenOneTen Ventures, which is run by David Waxman and Gil Elbaz, is looking to raise a $25M fund, according to a regulatory filing from the company this week. The investment firm--which already has ...

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Tuesday, August 12, 2014

RadPad Gets $2M

Los Angeles-based mobile rental marketplace app developer Radpad said Tuesday that it has raised $2M in a funding round, which came from existing investors SG VC, L.P., Social Leverage L.P. and Michael Huffington, along with new investors Q...

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Monday, August 11, 2014

Surf Air Raises $73M, Orders 15 New Planes

Santa Monica-based Surf Air, the membership-based airline which has been serving Silicon Beach, is in a major expansion, saying that it has ordered 15 new planes--with an option on another 50--and raised $73M in debt and equity. The airline...

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Monday, August 11, 2014

Agent Ace Finds $6M For Real Estate Referrals

Santa Monica-based Agent Ace, a new startup looking to help consumers find real estate agents, said Monday that it has raised $6M in a Series A funding round. The funding came from March Capital Partners and Triangle Peak Partners. Accordi...

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Monday, August 11, 2014

ViaCyte Raises $5.4M

San Diego-based ViaCyte, a biopharmaceuticals startup developing stem-cell based treatments for diabetes, said late Friday that it has raised $5.4M in a Series C-1 funding round. The company said the funding came from an un-named, nonprofit...

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Monday, August 11, 2014

ViaCyte Raises $5.4M

San Diego-based ViaCyte, a biopharmaceuticals startup developing stem-cell based treatments for diabetes, said late Friday that it has raised $5.4M in a Series C-1 funding round. The company said the funding came from an un-named, nonprofit...

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Thursday, August 7, 2014

Retention Science Snags $7M

Santa Monica-based Retention Science, the marketing software technology maker led by Jerry Jao, has snagged $7M in a Series A funding, according to the company. The new funding was led by Upfront Ventures, and also included Baroda Venture...

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Thursday, August 7, 2014

ALL DEF DIGITAL Finds $5M For Content

Culver City-based ALL DEF DIGITAL, a startup which says it will be delivering comedy, music, news, poetry and innovative artistry to consumers, has raised $5M in a funding round, the company said late Wednesday. The SEries A funding was led...

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Wednesday, August 6, 2014

SecureAuth Gets $10M More

Irvine-based SecureAuth, which develops multi-factor authentication and security software, has raised $10M more in a funding, according to the company. The funding came from Toba Capital, and occurred in July. SecureAuth said that the fundi...

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Wednesday, August 6, 2014

Seed&Spark Finds $1M For Film Crowdfunding

Los Angeles-based Seed&Spark, an online crowdfunding platform aimed at independent filmmakers, has raised $1M in a seed funding round. According to the company, it adds Julie Parker Benello (co-founder of Chicken & Egg Pictures and Gamechan...

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Wednesday, August 6, 2014

Rapt Media Sets Up Shop In LA, After $3.1M Round

Rapt Media, a startup developing technology to help create interactive videos, said today that it is setting up an office in Los Angeles, in order to be closer to where brands, agencies, and production companies thrive. The startup said it ...

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Tuesday, August 5, 2014

Toggle Finds Funding From Warner Bros.

Toggle, a new startup creating HDMI-based dongles to allow consumers to purchase movies and other videos using UltraViolet, has raised a seed round of funding from Warner Bros., the company announced last night. The company--led by Adam Joh...

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Monday, August 4, 2014

Eat Club Brings Startup Food Delivery Craze To LA

One of the hottest segments in Silicon Valley over the last few months has been restaurant delivery services, which are delivering gourmet and other meals to local startups, companies, and homes all over the Bay Area. Now, one of those Bay ...

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Monday, August 4, 2014

OneRoof Energy Gets $1M In Loan

San Diego-based OneRoof Energy Group, the provider of solar installation services and technology, said Friday that it has raised $1,000,000 in a loan funding. The funding came from Hanwha Holdings (USA) Inc. The company said the loan fundin...

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Friday, August 1, 2014

Cold Genesys Gets $13.57M For Bladder Cancer Treatment

Newport Beach-based Cold Genesys, a biopharmaceuticals company which is developing treatment for bladder cancer, said this week that it has raised $13.57M in a Series A funding. The funding came from Ally Bridge Group. According to the comp...

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Thursday, July 31, 2014

Vakast Nabs $1.3M In Seed For Vacation Rental Search Marketplace

Newport Beach-based Vakast, a startup aiming at the online peer-to-peer marketplace for vacation rentals, has raised $1.3M in a seed funding round, the company announced this morning. Vakast said the funding came from Chinh Chu (senior mana...

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Thursday, July 31, 2014

Privlo Gets $350M In Debt For Technology Driven Mortgage Loans

Los Angeles-based Privlo, a technology driven startup offering up mortgage loans to consumers, said this week that it has raised $350M in a debt financing round, along with $3.8M in equity. The equity funding came from Spark Capital and QED...

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Thursday, July 31, 2014

Portfolium Raises $900,000 In Seed Funding

San Diego-based Portfolium, a startup developing an online platform to share a students' academic portfolio, has raised $900,000 in a seed funding, according to startup incubator EvoNexus. The funding came from the Tech Coast Angels, Taner ...

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Wednesday, July 30, 2014

SoCal BitCoin Angel Brock Pierce Leads Investment In ZipZap

Brock Pierce, the Southern California angel investor who is one of the most active proponents and investors in Bitcoin and its startups, has made another investment in the space, leading an AngelList syndicate funding of ZipZap. ZipZap oper...

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Tuesday, July 29, 2014

Kixer Raises $1M In Seed Funding To Connect App Makers, Publishers

Los Angeles-based Kixer, which was founded by Keith Bonnici, Jake Moilanen, and Omar Nicola, has raised $1M in a seed funding, for the company's native advertising platform. Kixer develops a native advertising platform which helps mobile ap...

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Tuesday, July 29, 2014

PaxVax Finds $62M For Vaccine Efforts

PaxVax, a biopharmaceuticals company developing vaccines for infectious disease, has raised $62M in a funding round. The funding included $50M in secured debt from Pharmakon Advisors, and $12M in a Series B extension round. The company is b...

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Tuesday, July 29, 2014

Pogoseat Gets $2.3M

Santa Monica-based Pogoseat, which develops mobile apps to allow people to get upgraded seats at events on the same day--or even during the event--has raised $2.3M in a funding round. The funding came from Structure Capital, SK Ventures, Ze...

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Thursday, July 24, 2014

Qualcomm Launches $150M Venture Fund In China

San Diego-based Qualcomm said late Wednesday that it has launched a new, $150M strategic venture fund in China, which will invest in Chinese companies working on mobile technology. Qualcomm said the new fund--being managed by Qualcomm Ventu...

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Thursday, July 24, 2014

Underground Solutions Raises $45M, Acquires Company

Poway-based Underground Solutions, Inc. (UGSI), a developer of water and wastewater infrastructure and technology, has raised $45M in a financing round, and acquired another company in the water industry. According to UGSI, it raised $30M i...

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Wednesday, July 23, 2014

Qualcomm Backs Korean Delivery Service Naldo

San Diego-based Qualcomm, via its venture capital arm, Qualcomm Ventures, has invested in a Korean "instant delivery" startup Naldo, in a Series A funding. The funding came from both Qualcomm Ventures and Softbank Ventures Korea. Financial ...

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Wednesday, July 23, 2014

Edgewave Raises $6M For Cybersecurity Efforts

San Diego-based Edgewave, a developer of cloud-based, cybersecurity tools, has raised $6M in a Series A funding, according to the company. The funding came from TVC Capital, the private equity investor which focuses on software and software...

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Wednesday, July 23, 2014

Lionsgate Invests In Finnish Game Developer

Santa Monica-based entertainment company Lionsgate has made an investment in a Finnish game developer, Next Games, as part of a strategic partnership, the studio said this morning. According to Lionsgate, the investment comes as part of an ...

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Monday, July 21, 2014

Dealflicks Raises $1.7M

Los Angeles- and San Francisco-based Dealflicks, an online service which offers up discounted movie tickets to help theater chains fill empty seats, has raised $1.7M in a seed funding. The company disclosed Monday that the funding came from...

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Monday, July 21, 2014

Ayannah Gets $1M More

Ayannah, the mobile payment and remittance startup which is focused on unbanked consumers in the Phillipines and other emerging markets, has raised $1M more in funding, the company disclosed this morning. The startup--which is backed by Sie...

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Friday, July 18, 2014

Southern California Startups Raise $761.12M in Q2 2014

The latest venture capital totals from the PricewaterhouseCoopers/National Venture Capital Association's MoneyTree Report was released this evening, tallying up $761.12M in investments in Q2 of 2014 in Southern California, up from Q2 of 201...

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Thursday, July 17, 2014

Edico Genome Finds $10M For Gene Sequencing Chips

San Diego-based Edico Genome, a developer of semiconductor specifically aimed at genome mapping, has raised $10M in a Series A funding, the company announced this morning. According to the company, the funding was led by Qualcomm Ventures, ...

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Thursday, July 17, 2014

Renovate America Finds $50M For Clean Energy Financing

San Diego-based Renovate America, which provides financing for residential, clean energy projects, said it has raised $50M in equity from both new and existing investors. Renovate America said the round was led by Valor Equity Partners, and...

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Thursday, July 17, 2014

3TEN8 Gets $250K

3TEN8, a company which is developing software to help mobile network operators visualize and manage their network performance, and which was part of both LaunchpadLA and the SAM Precellerator Programs in Los Angeles, has raised $250,000 in ...

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Wednesday, July 16, 2014

Siemer Ventures Raises $45M Fund, Becomes Wavemaker Partners

Santa Monica-based Siemer Ventures said Wednesday that the venture capital fund has launched a new, $45M third fund, and rebranded itself as Wavemaker Partners. The new fund is larger than the company's second fund, which was raised in 2011...

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Wednesday, July 16, 2014

Why Mucker Capital Is Putting More Money To Work In LA Startups

For the last few years, startup accelerator MuckerLab has been helping very early stage companies define and grow their businesses, using the accelerator model and small investments to get companies to the next stage. Recently, the team beh...

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Wednesday, July 16, 2014

Fitwall Finds Funding From Skechers Cofounder

Newport Beach-based Fitwall, the operator of technology driven, wearable-connected fitness centers, said today that it has scored an investment from one of the co-founders of Skechers. Fitwall said it has received a "sizeable round" of fund...

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Thursday, July 10, 2014

MabVax Raises $3M, Completes Merger With Telik

San Diego-based MabVax Therpauetics, a privately held firm which is developing vaccine and antibody therapies for treating cancer, said it has raised $3M in a financing round, and also completed a merger with oncology drug developer Telik. ...

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Wednesday, July 9, 2014

Common Interest Communities Finds $10M

Los Angeles-based Common Interest Communities, a developer of kiosks and communications systems aimed at student housing, said today that it has raised $10M in a private placement. Source of the funding as not announced. The company said it...

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Tuesday, July 8, 2014

Qualcomm Makes Strategic Investment In RetailNext

San Diego-based Qualcomm has put its weight behind a developer of software used for Big Data analysis of physical retailers, in a strategic funding. RetailNext, which develops software used by retailers to apply Big Data to the information ...

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Monday, July 7, 2014

Adtile Technologies Raises $4.5M

San Diego-based Adtile Technologies, a mobile ad technology company led by Nils Forsblom, has raised $4.5M in a Series A funding. The company did not announce the names of investors in the round. The company develops interactive, mobile ads...

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Monday, July 7, 2014

Qualcomm, Greylock Return To Back 3D, Room Scanning Startup

San Diego-based Qualcomm Ventures and active Southern California investor Greylock Partners have both put more money behind Matterport, a developer of interior, 3D room scanning technology. Matterport said Monday morning that it has raised ...

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Monday, July 7, 2014

Disney Accelerator Names First Class

The Disney Accelerator, the startup accelerator backed by Disney and being run by TechStars in Los Angeles, announced its inagural class today, naming eleven companies--including three Los Angeles companies--to participate in the three mont...

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Monday, July 7, 2014

UST Global Buys Four Companies, Makes Investments

Aliso Viejo-based UST Global, a provider of IT services and outsourcing, said today that it has acquired four different companies over the past six months expanding its workforce in the US, Asia, India, Europe, and Latin America. The compan...

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Thursday, July 3, 2014

Rincon Ventures Backs Keen IO

Southern California technology investor Rincon Venture Partners has backed Keen IO, a company developing mobile analytics software. According to Keen IO, it has raised $11.3M in a Series A funding, which was led by Sequoia Capital. The San...

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Thursday, July 3, 2014

Telesign Raises Funding from Telstra

Los Angeles-based mobile security and authentication provider Telesign has raised some funding from Australian telecom provider Telstra, Telstra said last night, as part of an expansion by TeleSign into the Asia Pacific Region. Financial te...

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Wednesday, July 2, 2014

Drybar Raises $20M

Los Angeles-based hair chain Drybar--which just does "blowouts", those popular hairstyles that involve blow drying hair to achieve a specific look--recently raised $20M in a funding round. The funding came from SPK Capital, Castanea Partner...

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Wednesday, July 2, 2014

Ocean Aero Gets Investment From Teledyne For Ocean Robots

San Diego-based Ocean Aero, a developer of unmanned, autonomous marine vehicles, has scored funding from Thousand Oaks-based Teledyne, the companies said this morning. Financial terms of the investment were not disclosed. According to Teled...

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Tuesday, July 1, 2014

Communities For Cause Gets $475K For Matching Nonprofits, Businesses

Huntington Beach-based Communities For Cause, a startup helping to match nonprofits to businesses, has raised $475,000 as part of an ongoing seed funding round. The company helps businesses by associating them with nonprofits, who they can ...

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Monday, June 30, 2014

Qualcomm Backs MapR's Hadoop Technology

San Diego-based Qualcomm Ventures, the venture capital arm of Qualcomm, has put its funding behind MapR, the company behind the big data software framework called Hadoop. MapR said today that it has raised $110M in a giant funding round, wh...

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Monday, June 30, 2014

Cidara Therapeutics Gets $32M

San Diego-based Cidara Therapeutics, a new, startup biopharmaceuticals firm working on treatments for severe fungal infections, has raised $32M in a Series A funding. The funding was led by 5AM Ventures, Aisling Capital, Frazier Healthcare ...

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Friday, June 27, 2014

CAA Backs Distractify

The CAA has put its funding behind a new, online content discovery site called Distractify, as part of a Series A funding round announced this week. Distractify--which is based in New York--said it raised $7M in a Series A funding, which wa...

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Thursday, June 26, 2014

Tastemade Gets $25M For Foodie Videos

Santa Monica-based Tastemade, a publisher of food focused, video content led by Larry Fitzgibbon, said this morning that it has raised $25M in a Series C funding round. The funding was led by Scripps Networks Interactive, and also included ...

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Thursday, June 26, 2014

TheBouqs Raises $6M For Direct-From-Farm Flower Delivery

Venice, California-based online flower delivery service TheBouqs said this morning that it has raised $6M in a Series A financing, to go towards expansion of its team, delivery outside the US, and scaling of its technology and infrastructur...

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Thursday, June 26, 2014

Fitwall Finds Funding For Tech Driven Fitness

Newport Beach-based Fitwall, a fitness center operator which focuses on using technology like Bluetooth heart rate monitors and iPads to improve fitness, said this morning that it has raised additional funding for the company. The amount of...

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Wednesday, June 25, 2014

Frost Data Capital, GE Launch Industrial Internet Incubator

Frost Data Capital, the startup incubator firm led by Stuart Frost, has tied with GE to launch a new, startup incubator aimed at industrial Internet startups, the two said Wednesday. The two said they have started Frost I3, which will provi...

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Wednesday, June 25, 2014

Dreamworks Backs Fingerprint For Kids' Apps, Games, Video

Glendale-based Dreamworks is one of the lead investors in a developer of mobile kids' apps, Fingerprint, which said Wednesday that it has raised $10.85M in a Series B funding round. According to San Francisco-based Fingerprint, the new fun...

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Wednesday, June 25, 2014

Former Hulu Head Kilar's New Company, Vessel, Gets Funding

Vessel, a new startup founded by former Hulu CEO Jason Kilar and CTO Richard Tom, has raised a round of funding from Benchmark Capital, Greylock Partners, and Bezos Expeditions. Benchmark's Bill Gurley and Greylock's David Sze have both joi...

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Tuesday, June 24, 2014

Epoxy Gets $6.5M For Social Video Tools

Los Angeles-based Epoxy said this morning that it has raised $6.5M in a Series A funding round, for the company's social-focused, video tools. According to the company, the investment came from Upfront Ventures and Time Warner Investments, ...

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Monday, June 23, 2014

Rant Media Network Raises $4M

Irvine-based Rant Media Network, an online media publisher which publishes a sports, men's, and fashion publications under the Rant name, has raised $4M in a funding round. The company said the funding was led by Barry Honig, Craig Dubow (f...

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Friday, June 20, 2014

Genzum Raises $20M For Generic Pharmaceuticals Effort

Los Angeles-based biopharmaceuticals firm Genzum has raised $20M in a funding round, according to backer SG LLC. According to SG, its Alternative Investments Division invested $20M in Genzum, to go towards that company's expansion of its pi...

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Thursday, June 19, 2014

Spotlight Ticket Management Raises $6M

Calabasas-based Spotlight Ticket Management has raised $6M in a growth financing round, the company said today, which came from Point Judith Capital, and also included Coyote Ridge Ventures. The company also said it received a bank facility...

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Thursday, June 19, 2014

MiTu Gets $10M For Latino Content

Culver City-based MiTu, a developer of digital content for the Latino market, said today that it has raised $10M in a Series B funding round. The new funding was led by Upfront Ventures. The company's other investors included The Chernin Gr...

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Thursday, June 19, 2014

Qualcomm Backs ClearCare For Home Care Agency Software

San Diego-based Qualcomm Ventures, the venture capital arm of Qualcomm, is backing the developing of software to help home care agencies manage their workers and operations. ClearCare said Wednesday that it has raised $11M in a funding roun...

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Thursday, June 19, 2014

Greycroft's New $200M Fund May Be Boon To Los Angeles

A new, $200M growth fund from Greycroft Partners may be a boon to the Los Angeles market--the source of a big chunk of the investment company's venture capital investments. Greycroft Partners said today that it has closed on a $200M, first ...

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Tuesday, June 17, 2014

Revee Raises $1M For Analytics Tools

Los Angeles-based Revee, a developer of content analytics software used to help publishers understand their page yield on advertising, has raised $1M in a seed funding round. Source of that seed funding was not announced. Revee was founded ...

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Monday, June 16, 2014

Tapatalk Raises $5.8M For Web Forum Apps

Los Angeles-based Tapatalk announced Monday that it has raised $5.8M in a seed funding round, which came from Floodgate and Accel Partners. Tapatalk's software is widely promoted in online community forums to help users better browse and re...

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Thursday, June 12, 2014

Visual Unity Gets $7.2M

Visual Unity, a developer of "over-the-top" (OTT) and multiscreen technology, said Thursday that it has raised $7.2M in a funding round. The company--which is based partially in Los Angeles--said the funding came from 3TS Capital Partners. ...

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Thursday, June 12, 2014

Mobile Majority Raises $8M For Mobile Ads

Santa Monica-based Mobile Majority, which offers up premium, mobile brand advertising, said this week that it has raised $8M in a Series B funding round. The company--which until now was known as PaeDae--said it is delivering a product whic...

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Wednesday, June 11, 2014

Qualcomm's Jacobs Sees The Light With New Investment

Qualcomm's Executive Chairman, Paul Jacobs, is one of the major investors in stealthy digital photography startup Light, which revealed last night that it has raised a $9.7M funding round for its efforts to re-invent photography. The compan...

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Wednesday, June 11, 2014

Procore Raises $15M

Carpinteria-based Procore, a developer of construction management software, has raised $15M in a funding round from Bessemer Venture Partners, the company disclosed today. The startup is led by Tooey Courtemanch and Steve Zahm. The company-...

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Wednesday, June 11, 2014

NantHealth Gets $25M From Celgene

Los Angeles-based healthcare IT company NantHealth, which is led by billionaire Dr. Patrick Soon-Shiong, said Tuesday that it has raised $25M in a funding round from Celgene, which brings its total raised to more than $100M in strategic inv...

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Wednesday, June 11, 2014

RuiYi Gets $4M In Venture Loan

La Jolla- and Shanghai-based RuiYi, a biopharmaceuticals firm developing treatments for rheumatoid arthritis and cancer, said yesterday that it has raised $4M in a venture debt funding, from Silicon Valley Bank. The company said it will use...

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Monday, June 9, 2014

Washio Adds $10.5M For Laundry Pickup and Delivery Via Smartphone

Santa Monica-based Washio, which operates a smartphone driven, laundry and dry cleaning pickup and delivery service, said today that it has raised $10.5M in a Series A funding round. The funding came from Canaan Partners, and also included ...

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Thursday, June 5, 2014

Infrascale Raises $16.3M, Acquires Eversync

El Segundo-based Infrascale, which provides cloud-based data backup, disaster recovery, archiving, and other services, said today that it has raised $16.3M in a Series B funding, and also acquired EverSync, a developer of cloud-based backup...

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Wednesday, June 4, 2014

How Nix Hydra's Egg Baby Cracked The Code For Female Gamers

How do you get young, female consumers interested in playing your computer games? In what has mostly been a male dominated industry, there have been few games which really cater to the young, female demographic. However, Egg Baby--the tit...

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Wednesday, June 4, 2014

Science Inc. Backed Juice Cleanse Maker Urban Remedy Raises $5M

One of Santa Monica-based startup accelerator and studio Science Inc.'s more unusual portfolio companies--organic juice cleanse maker Urban Remedy--has just raised $5M in a new funding, the company said today. Urban Remedy said it raised a ...

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Tuesday, June 3, 2014

Fresh Nation Raises $1M, Expands To Los Angeles

Fresh Nation, a startup operating an online marketplace for farmers, said this morning that it has raised $1M in a seed funding round, to help it expand into Los Angeles. According to the startup, the investment came from Lightspeed Venture...

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Monday, June 2, 2014

Thatgamecompany Raises $7M

Los Angeles-based Thatgamecompany, a developer of computer games, has raised $7M in a funding round, the company said last week. The funding came from Capital Today, and also included Benchmark Capital and Kleiner Perkins Caufield & Byers. ...

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Monday, June 2, 2014

Sente Secures $5M For Skincare Aesthetics

San Diego-based Sente, an aesthetics medicine company focused on skincare, said this morning that it has raised $5M in a Series C financing round. The funding was led by PharmaBio Investments, and also included existing and new, individual ...

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Monday, June 2, 2014

Entrepreneurship In The LA Mayor's Office, With EIR Krisztina Holly

Last month, Los Angeles Mayor Eric Garcetti created a new program, aimed at growing, assisting and sustaining entrepreneurs in Los Angeles. The new "Entrepreneur-in-Residence" program has appointed its first, two, EIRs--Krisztina "Z" Holly ...

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Thursday, May 29, 2014

Nix Hydra Gets $5M For Video Games

Los Angeles-based Nix Hydra, a startup video game development company led by Lina Chen and Naomi Ladizinsky, said this morning that it has raised $5M in a Series A funding. The funding came from the Foundry Group, as well as angel investor ...

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Thursday, May 29, 2014

Gimbal Completes Spinout From Qualcomm, Gets Funding Round

San Diego-based Gimbal, formerly known as Qualcomm Retail Solutions (QRS), said Wednesday that it has completed its transition to a standalone company, and scored funding from a set of investors. Gimbal said it received funding from i-Hatch...

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Wednesday, May 28, 2014

California Technology Ventures Gets Exit An AngioScore

Pasadena-based venture capital firm California Technology Ventures has scored an exit at one of its portfolio firms, selling cardiac catheter maker AngioScore, to medical device firm Spectranetics. Spectranetics said it would pay $230M plus...

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Wednesday, May 28, 2014

Ecwid Scores $5M In Series B

San Diego-based e-commerce software developer Ecwid said this morning that it has closed a $5M, Series B funding round. According to Ecwid, the funding was led by iTech Capital, and also included Runa Capital. Ecwid said that Gleb Davidyuk ...

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Tuesday, May 27, 2014

XCOR Aerospace Raises $14.2M More

Mojave-based space vehicle maker XCOR Aerospace said this morning that it has raised $14.2M in a Series B funding round. The company--which is in the midst of developing a reusable, rocket-powered vehicles for launching people into space--s...

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Friday, May 23, 2014

Malauzai Software Gets $6.5M More For Banking Apps

Malauzai Software, a developer mobile banking apps for community financial institutions which has a number of its top executives located in Los Angeles, said this week that it has raised $6.5M in a Series C funding ronud. The funding came f...

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Thursday, May 22, 2014

True(X) Media Finds $6M

Los Angeles-based True(X) Media--which was most recently known as SocialVibe--disclosed this week that it has raised $6M in a new funding round. The online advertising technology provider said the funding came from prior backers Jafco Ventu...

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Tuesday, May 20, 2014

Tradesy Finds $13M for Fashion Marketplace From KPCB, Others

In a significant vote of confidence for Santa Monica-based Tradesy, the peer-to-peer marketplace headed by Tracy DiNunzio, has raised a $13M funding round from Kleiner Perkins Caufield & Byers, Sir Richard Branson, Rincon Venture Partners, ...

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Tuesday, May 20, 2014

Survios Scores $4M

Los Angeles-based Survios, a developer of virtual reality technology, announced Monday that it has raised $4M in a Series A venture funding round. The round was led by Shasta Ventures, and also included Felicis Ventures and angel investor G...

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Tuesday, May 20, 2014

Epoxy Looks To Help Online Video Creators With Social Tools

Venice, California-basd Epoxy--which was built by former executive from Team Downey--has launched a brand new set of tools aimed at helping online video creators use social media, and also disclosed a funding round. The startup, which is fu...

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Tuesday, May 20, 2014

EDF Renewable Energy Gets Investment From TIAA-CREF

San Diego-based EDF Renewable Energy, the developer of solar power projects, said Monday that TIAA-CREF has made an investment in the firm. EDF Renewable Energy said that TIAA-CREF is acquiring 50 percent of its equity interest in its Catal...

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Monday, May 19, 2014

Incentive Raises $1.8M, Sets Up Shop In LA

Incentive Corp, a developer of private, intranet services aimed at small and medium sized business users, said this morning that it has raised $1.8M in a funding round, and set up shop in Los Angeles. The startup--which has headquarters in ...

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Monday, May 19, 2014

Whisper Raises $36M For Secret Sharing

Los Angeles-based Whisper, which develops mobile apps for anonymously sharing confessions, has raised another $36M in funding. The funding came from Tencent, Shasta Ventures, Thrive Capital, Lightspeed Ventures, and Sequoia Capital. The fun...

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Monday, May 19, 2014

Sophiris Raises $2M In PIPE

San Diego-based Sophiris Bio said this morning that it has raised $2M in funding from Aspire Capital Fund, and received commitments of up to $13M more, to help fund its efforts to develop a treatment for localized prostate cancer. Publicly ...

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Thursday, May 15, 2014

JustFab Seeking IPO, $100M Investment

Los Angeles-based online apparel and shoe company JustFab is eyeing a possible IPO, and also is in the midst of raising between $50 to $100M, according to a report. According to the report, from Re/Code, the company has hired Morgan Stanley...

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Wednesday, May 14, 2014

CAA Ventures Into DarbySmart

Los Angeles-based CAA Ventures, the venture capital arm of the Creative Artists Agency, has made an investment in a monthly delivery service focused on do-it-yourself (DIY) crafts. San Francisco-based Darby Smart said this morning that it h...

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Wednesday, May 14, 2014

Transphorm Gets Strategic Funding, Japanese License Deal

Goleta-based Transphorm, which is developing Gallium Nitride-based power conversion devices, said Tuesday that it has inked a licensing deal with Japanese company Furukawa Electric Co., Ltd., along with a related investment. Transphorm said...

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Wednesday, May 14, 2014

DealerSocket Gets Investment From Vista Equity Partners

San Clemente-based DealerSocket, a developer of software-as-a-service for the automotive industry, said Tuesday that it has entered into a strategic investment partnership with private equity firm Vista Equity Partners. Financial terms of t...

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Tuesday, May 13, 2014

Jukin Media Gets Strategic Funding

Los Angeles-based viral video company Jukin Media has raised a strategic funding round, for that company's video entertainment network on YouTube, according to the company. The company said the funding came from strategic investors, includi...

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Tuesday, May 13, 2014

Swagbucks Raises $60M, Sets Davis As CEO

Los Angeles-based Swagbucks, the web-based rewards and offers site, said this morning that it has raised $60M in funding--the company's first, external capital round--and also appointed Chuck Davis as CEO of the company. According to Swagbu...

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Tuesday, May 13, 2014

Dermtech Files For IPO

La Jolla-based Dermtech, a developer of non-invasive, gene expression tests for helping to diagnose skin cancer, has filed for an IPO. According to the company, it is looking to raised $25.0M in its IPO, and has applied to list on the NASDA...

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Tuesday, May 13, 2014

Liquid Grids Gets Series A For Healthcare Marketing

San Diego-based Liquid Grids, a developer of digital advertising software aimed at the healthcare industry, said this morning that it has raised a Series A funding round. Size of the round was not announced. According to Liquid Grids, the f...

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Monday, May 12, 2014

Parallax Capital Partners Raises $115M

Laguna Hills-based Parallax Capital Partners, a private equity investor which invests in software and other technology companies, said Monday that it has raised a new, $115M fund for its investments. The company said the new fund is aimed a...

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Monday, May 12, 2014

Adform Raises $5.5M In Series B To Bolster Efforts In US

Online advertising technology provider Adform announced today that it has raised $5.5M in a Series B funding round, as part of the company's expansion into the United States. The company--which has a chunk of its U.S. operations in Los Ange...

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Friday, May 9, 2014

ImaginAb Raises $21M

Los Angeles-based ImagineAb, a developer of biotechnology used for molecular imaging, said Thursday that it has raised $21M in a Series B financing round. The funding was led by Merieux Developpement, and also included Novartis Venture Fund...

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Thursday, May 8, 2014

Talenthouse Raises $10M

Hollywood-based Talenthouse, which operates an online community of artists and creatives, said this morning that it has raised $10M in a funding round. The funding was led by Germany company Starwatch, which is part of ProSiebenSat.1. Other...

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Thursday, May 8, 2014

TVC Capital Backs LiquidPlanner

San Diego-based growth equity investor TVC Capital is the lead investor in LiquidPlanner, a developer of online project management software this morning. LiquidPlanenr said it raised $8M in a Series B funding from TVC Capital, the first ven...

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Wednesday, May 7, 2014

Beauty Noted, Founded By USC Student, Gets $2.2M In Funding

Beauty Noted, an online beauty and cosmetics social discovery site founded by USC student Sarah Kortschak, said Tuesday that it has raised $2.2M in a funding round. The startup--which is based in San Francisco--said the funding came from Ko...

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Wednesday, May 7, 2014

Metacloud Gets $15M More

Pasadena-based managed cloud provider Metacloud has raised $15M more, in a Series B funding round, the company said this morning. The startup--which helps companies deploy OpenStack-based, private clouds--said the funding came from Pelion V...

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Tuesday, May 6, 2014

HG Data Raises $2M More

Santa Barbara-based HG Data, a developer of B2B sales and marketing tools, said today that it has raised $2M in an additional Series A funding. The funding was led by Rincon Venture Partners, and also included Epic Ventures and angels. Acco...

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Tuesday, May 6, 2014

Dubset Gets Strategic Investment From Rhapsody

Dubset Media Holdings, a developer of technology used to help DJs monetize their music, and helps identify music for music rights holders--which has offices in Beverly Hills--has scored a strategic round of funding from Rhapsody Internation...

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Tuesday, May 6, 2014

PEAR Sports Raises $5M More

Irvine-based PEAR Sports, a developer of personalized coaching apps for the iPhone and Android, has raised $5M in a funding round, to go towards its mobile apps and platform. The company--led by Bob Allison--said that the funding round came...

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Monday, May 5, 2014

UberMedia Raises $8M More

Pasadena-based UberMedia, the provider of mobile advertising technology, announced this morning that it has raised $8M in a funding round. The funding came from Gordon Crawford and Blue Chip Ventures, as well as others. Crawford is a member...

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Monday, May 5, 2014

Cirro Lands Strategic Investment From GE Ventures

Aliso Viejo-based Cirro, a developer of enterprise,d ata integration and analysis software, announced this morning that it has received a strategic investment from GE Ventures. The company said the strategic funding ronud came as part of it...

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Friday, May 2, 2014

Domain Associates Portfolio Firm ProteinSimple Files For IPO

San Diego-based life sciences investor Domain Associates has yet another company that has filed for an IPO, after the S-1 yesterday of protein analysis tools developer Protein Simple. Protein Simple said in its IPO filing that it is looking...

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Friday, May 2, 2014

FreshRealm Gets $10M For Food Technology

Santa Paula-based Calavo Growers--best known for the growing and marketing of avocados--announced Thursday that its subsidiary, FreshRealm, has raised $10M in funding for a new, food distribution technology. The funding came from Impermanen...

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Thursday, May 1, 2014

Qualcomm Spins Out Retail Solutions Unit

San Diego-based Qualcomm said late Wednesday that it is spinning out its Qualcomm Retail Solutions (QRS) unit as a new company, Gimbal, Inc., in a deal with a group of third party investors. Qualcomm said that the new business is being fund...

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Wednesday, April 30, 2014

MovieLaLa Gets Funding From Salesforce.com Founder

Social networking site MovieLaLa--which focuses on upcoming movies--said Tuesday that it has raised an angel investment from Salesforce.com founder Marc Benioff. The startup's angels include a number of folks from the Silicon Beach content ...

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Wednesday, April 30, 2014

Otonomy Gets $49M In New Funding

San Diego-based biopharmaceuticals developer Otonomy--which is developing treatments for inner and middle ear disorders--has roped in a big, $49M funding, the company announced this morning. The Series D funding came from Jennison Associate...

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Tuesday, April 29, 2014

TeleSign Gets $40M

Los Angeles-based TeleSign, the developer of security and identification technology headed by serial entrepreneur Steve Jillings, has raised $40M in a Series B funding round, the company announced this morning. According to the company, the...

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Tuesday, April 29, 2014

NantHealth Raises $100M From Kuwait

Los Angeles-based health technology developer NantHealth, which was founded, backed, and is led by billionaire Dr. Patrick Soon-Shiong, said this morning that it has raised $100M in a funding round. The funding came from Kuwait's sovereign ...

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Monday, April 28, 2014

Xirrus Raises $10M More

Thousand Oaks-based wireless hardware provider Xirrus has raised yet another $10M in funding, according to a regulatory filing from the company Monday. Details on the funding have not yet been announced by the company. The company apparentl...

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Monday, April 28, 2014

Verdezyne Lands $48M In Funding Via Malaysia

Carlsbad-based renewable chemicals technology developer Verdezyne reported this morning that it has scored a new, $48M funding round from a Malaysian multinational conglomerate, Sime Darby Berhad. The startup--led by E. William Radany--said...

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Monday, April 28, 2014

Alignment Healthcare Raises $125M

Irvine-based Alignment Healthcare, a startup providing continuous care programs that handle clinical care coordination, risk management capabilities, and information technology for healthcare providers, has raised $125M in a funding round. ...

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Monday, April 28, 2014

Kite Pharma Scores $50M For Cancer Immunotherapy

Santa Monica-based Kite Pharma said this morning that it has raised $50M, in a mezzanine, private financing, made up of convertible notes. According to Kite Pharma, the funding came from an un-named syndicate of healthcare-dedicated investo...

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Friday, April 25, 2014

Stockr Gets More Funding

Santa Monica-based Stockr, the online stock-focused, social network which was founded by Vinny Jindal, Tim Symington and Brendon Crawford, has scored a new round of angel funding. The funding included STAR Angel Network, the New York City a...

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Friday, April 25, 2014

Domain Elite Invests In SMART Medical Systems

Domain Elite, the joint venture between San Diego investor Domain Associates and China's Elite Consulting, said today that it has made an investment in SMART Medical Systems, a developer of endoscopy and colonoscopy products. Domain Elite s...

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Thursday, April 24, 2014

Connectivity Finds $6.35M

Los Angeles-based Connectivity announced today that it has raised $6.35M in a Series A funding, for the company's customer analysis software for businesses. The startup said the funding round was led by Greycroft Partners, and also included...

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Thursday, April 24, 2014

Groundmetrics Digs Up $2.73M In Series B Funding

San Diego-based GroundMetrics, a developer of electromagnetic surveying technology used by the oil and gas industry, has raised $2.73M in a Series B funding round. According to the company, the funding came from Cowboy Technology Angels, an...

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Tuesday, April 22, 2014

Tubular Labs Finds $11M For Online Video Marketing Tools

Tubular Labs, which develops online video marketing tools for AwesomenessTV, Maker Studios, and other local MCNs, said today that it has raised $11M in a Series B funding round. The company--which is based in Silicon Valley, but has some st...

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Tuesday, April 22, 2014

The Chernin Group, AT&T Invest $500M In Online Video

Los Angeles-based investor The Chernin Group and AT&T said this morning that the two have created a new, joint venture, which will acquire, invest, and launch over-the-top (OTT) video services. According to the two, they have committed a to...

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Monday, April 21, 2014

LaunchpadLA Grad Preact Raises $4.6M

Preact, a developer of software to help software companies reduce churn in their subscription customers which came out of Los Angeles-based startup incubator/accelerator Launchpad LA, has raised $4.6M in a funding round. The company said th...

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Monday, April 21, 2014

Nervana Raises $600K For Artificial Intelligence Hardware

San Diego-based Nervana Systems, a startup developing hardware specifically aimed at artificial intelligence software, has raised $600,000 in a funding round. The funding came from Ali and Hadi Partovi, Sam Altman, Geoff Ralston, Scott Bani...

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Monday, April 21, 2014

Enplug Gets $2.5M

Los Angeles-based Enplug, a company that develops digital displays which display real time, social media from Twittter, Facebook, Yelp, and elsewhere at retail locations, has raised $2.5M in a seed funding round. Enplug said the investment ...

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Monday, April 21, 2014

Southern California Firms Raise $762.88M in Q1

The latest numbers are out on venture capital investments in Southern California from PricewaterhouseCoopers and the National Venture Capital Association, finding that the region had nearly $762.88M invested in companies in the region durin...

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Thursday, April 17, 2014

Qualcomm Backs Wireless Software Firm M87

San Diego-based Qualcomm has invested in wireless network software developer M87, M87 announced this week, as part of a $3M, Series A funding round. M87 is a developer of wireless network infrastructure software aimed specifically at improv...

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Wednesday, April 16, 2014

The Young Turks Scores $4M In Funding

Los Angeles-based The Young Turks, the online MCN led by Cenk Uygur, said today that it has raised $4M in new funding, from private equity firm Roemer, Robinson, Melville & Co., LLC. TYT offers up politics and news commentary both online a...

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Monday, April 14, 2014

Storefront Expands Popup Marketplace To LA

Storefront, which operates an online marketplace for pop-up storefronts--those ubiquitous, limited time retail stores--has opened up its service in Los Angeles, after raising $7.3M in funding. The San Francisco a startup said Los Angeles is...

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Friday, April 11, 2014

Report: Tinder Now Valued Over $5 Billion

Los Angeles-based Tinder, the mobile dating app developer led by Sean Rad, is now worth over $5 billion, according to a report Friday from Bloomberg. Bloomberg said that IAC recently bought 10 percent of Tinder from venture capitalist Chama...

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Thursday, April 10, 2014

Gores Group Invests In Tweddle

Los Angeles-based private equity investor Gores Group said Thursday that it has invested in Tweddle, a major provider of publishing and technology for the automotive OEM and supplier market. Financial details of the investment were not disc...

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Thursday, April 10, 2014

BitAngels Sets Up Formal Investment Fund Worth Around $4.1M

BitAngels, the angel investment group which invests in BitCoin related startups, has launched a new, 10,000 BTC structured fund--approximately $4.1 million US dollars at press time--the first, dedicated fund for its BitCoin investments. The...

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Tuesday, April 8, 2014

Sequent Medical Snags $20M

Aliso Viejo-based Sequent Medical, which is developing medical devices for treating aneurysms, said Tuesday that it has raised $20M in a Series D funding. The funding was led by Delphi Ventures, and also included Domain Associates, US Ventu...

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Tuesday, April 8, 2014

Ingram Micro Invests In Parallels

Santa Ana-based technology distributor Ingram Micro has made an investment in cloud hosting software developer Parallels, the company said this morning, as part of a strategic deal between the companies. According to the two, Ingram Micro h...

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Tuesday, April 8, 2014

TYLT Labs' New Seed Fund And The Promise Of Silicon Beach

There seems to a perpetual shortage of local venture capital investors in the region, despite the huge growth in startup activity here, particularly along Silicon Beach. However, that's slowly starting to change, as investors have started...

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Monday, April 7, 2014

Los Angeles Venture Investors Get Their Mojo Back

For several years, the phrase "Los Angeles Venture Capitalist" had almost become an oxymoron. Local investments funds have had issues raising their new funds, and venture investors had started to hunker down with their portfolios, waiting...

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Friday, April 4, 2014

Newlight Technologies Finds $9.2M For Carbon Negative Plastics

Irvine-based Newlight Technologies, a developer of technology which converts greenhouse gases into plastic, has raised $9.2M in a funding round, the company said this week. According to the company, the new funding brings its total raised t...

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Thursday, April 3, 2014

Science Inc. Re-Ups On Wealthfront

Los Angeles-based startup studio, incubator, and investor Science, which is led by former MySpace CEO Mike Jones, is part of a new funding round for automated investment service Wealthfront, the company has confirmed. Science--which has bee...

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Thursday, April 3, 2014

TVC Capital Boosts Levels Beyond

San Diego-based growth equity investor TVC Capital has boosted portfolio company Levels Byond, and invested an additional $2.5M more in Series A funding in the company. Levels Beyond, which develops a content management software platform ca...

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Wednesday, April 2, 2014

Lyft Gets $250M For Ridesharing Battle

In a move which is bound to ramp up the battle between ridesharing services in Los Angeles and taxi operators, Lyft said Wednesday that it has raised $250M more to expand its services in both the United States and internationally. Lyft is o...

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Tuesday, April 1, 2014

Cool Planet Energy Raises $100M

Cool Planet Energy Systems, which is developing biofuel technology which it says is carbon negative, and as a byproduct also creates a soil amendment called biochar, has raised $100M in a Series D funding round, the company said Monday. The...

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Tuesday, April 1, 2014

Industrial Toys Gets $5M From Accel

Pasadena-based Industrial Toys, a new, startup mobile game developer, said today that it has raised $5M in a Series A funding round. The funding came from Accel Partners. Industrial Toys is led by Alex Seropian, who founded Bungie Games (th...

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Monday, March 31, 2014

Correction: 3D Ram Semiconductor Developer Gets Funding

Update: Crossbar informs us that its investment announcement incorrectly identified the investor in this story as Tao Venture Capital Partners, when it should be an entirely different company -- Tao Invest, the investment fund of Nick and J...

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Monday, March 31, 2014

Gamblit Gaming Gets $12M For Gambling Software

Glendale-based Gamblit Gaming, a developer of software which makes it easier for videogame developers to adapt their software for real-money gaming, has raised $12M in funding. The funding came from American Capital. Gamblit Gaming is curre...

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Friday, March 28, 2014

Realty Mogul Gets $9M For Real Estate Crowdfunding

Beverly Hills-based Realty Mogul, a startup which operates an online marketplace for pooling together investor funds to buy investment property, has raised $9M in a Series A funding, the company said this week. The funding was led by Canaan...

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Thursday, March 27, 2014

Levine Leichtman Capital Partners Announces $1.65B Investment Fund

Los Angeles-based middle market investor Levine Leichtman Capital Partners announced Thursday that it has closed on $1.65 billion in capital commitments for its latest fund, Levine Leichtman Capital Partners Fund V, L.P.. The firm said the ...

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Thursday, March 27, 2014

GoCoin Gets $1.5M For BitCoin Payments

Santa Monica-based GoCoin, the Bitcoin payments startup led by Steve Beauregard, has scored $1.5M in a Series A financing, the company said today. The funding was led by the Bitcoin Shop, Inc., as well as Owen Van Natta, the former COO of F...

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Thursday, March 27, 2014

RuiYi Raises $15M For Monoclonal Antibody Research

La Jolla-based RuiYi, a company developing therapeutic monoclonal antibodies, said today that it has raised $15M in a Series B financing. The funding came from 5AM Ventures, Versant Ventures, Apposite Capital, SR One, Merck Serono Ventures,...

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Wednesday, March 26, 2014

Forbes Midas List Gives Cold Shoulder To SoCal VCs

The latest annual ranking of venture capitalists by Forbes has given a cold shoulder to Southern California venture capitalists. The Forbes Midas List, which was published Wednesday, did not name a single, Southern California investor. Th...

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Wednesday, March 26, 2014

MediaAlpha Gets Funding For Insurance Advertising Technology

Los Angeles-based MediaAlpha, a developer of performance-based, real-time bidding advertising technology specifically aimed at insurance ads, has raised a round of funding and launch of its product. MediaAlpha said that it has received a ma...

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Tuesday, March 25, 2014

Assay Depot Scores $3M In New Funding

San Diego-based Assay Depot, which operates an online marketplace focused on scientific services, said this morning that it has raised $3M in a Series B funding round. The funding was led by Bootstrap Venture Fund. Assay Depot operates a ne...

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Tuesday, March 25, 2014

TakeLessons Finds $7M For Private Lessons Marketplace

San Diego-based TakeLessons, the online private lessons marketplace startup led by Steven Cox, said this morning that it has raised $7M in a venture funding round. The funding was led by Lightbank, and also included Crosslink Capital, SoftT...

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Tuesday, March 25, 2014

Axonics Modulation Technologies Gets $32.6M For Medical Device

Irvine-based Axonics Modulation Technologies has raised $32.6M in a Series A funding, the company announced this morning. Axonics--which is developing implantable neuromodulation technology used for treating chronic pain and overactive blad...

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Monday, March 24, 2014

Sonendo Finds $10M In Venture Debt Funding

Laguna Hills-based Sonendo, a developer of a cleaning system aimed at improving root canals, said today that it has raised $10M in venture debt. The company said the funding came from Oxford Finance LLC. Terms of the debt were not announced...

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Monday, March 24, 2014

T+ink Gets Funding From Gary Winnick For Conductive Ink

Los Angeles-based T+ink announced this morning that it has scored an investment from Winnick & Company, the investment company of investment mogul Gary Winnick. Financial terms of the investment were not disclosed. The company said that Gar...

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Friday, March 21, 2014

Miven Venture Partners Gets IPO Exit At A10 Networks

Newport Beach-based Miven Venture Partners, the private investment arm of Linksys founder Victor Tsao, has scored an exit in one of its portfolio companies, A10 Networks, after that company's successful IPO this morning. It's unclear how bi...

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Thursday, March 20, 2014

TextPlus Competitor Lands $280M From Alibaba

A direct competitor to Marina Del Rey-based free texting and phone service provider TextPlus said today that it has raised a huge, $280M funding round for its services. Silicon Valley-based Tango raised the giant funding round from Chinese ...

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Thursday, March 20, 2014

Phunware Gets $26.25M For Mobile App Platform

Phunware, a developer of mobile advertising, application, analytics, and other tools for brands which has operations in both Newport Beach and San Diego, said this week that it has raised $26.25M in a Series E funding. The funding was led b...

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Thursday, March 20, 2014

Stir Finds $1.5M For High Tech, User Friendly Desk

Los Angeles-based Stir, a startup developing a touchscreen-driven, Wi-fi connected, and sensor-powered desk which automatically adjusts to a user's height, said this morning that it has raised $1.5M in a seed funding round. The funding wa s...

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Wednesday, March 19, 2014

Women's Venture Capital Fund Boosts Advisory Board

Women's Venture Capital Fund, a venture capital investment fund focused on investing in what it calls "gender diverse" teams, said today that it has added a Harvard Business School professor to its advisory board. The fund said it added Pro...

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Tuesday, March 18, 2014

BitVore Finds $4.5M For Big Data Software

Irvine-based Bitvore, a startup developing big data and intelligence-gathering software which pulls information from both public and private data sources for businesses, said this morning that it has closed a $4.5M, Series A funding round. ...

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Tuesday, March 18, 2014

CorTechs Labs Snags Series B

San Diego-based CorTechs Labs, a developer of medical software, said this morning that it has raised a Series B funding round. Size of the funding round was not disclosed, however, a regulatory filing indicates the round was worth $1.2M. Co...

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Monday, March 17, 2014

Auction.com Adds Former Oracle CFO To Board

Irvine-based online real estate marketplace Auction.com--fresh off a massive funding round from Google--is further bolstering its board, with the addition of former Oracle Chief Financial Officer Jeff Epstein. Epstein is an operating partne...

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Monday, March 17, 2014

C3 Jian Raises $60.5M To End Cavities

Los Angeles-based C3 Jian, which is developing biopharmaceuticals aimed at improving oral healthcare, said Monday that it has raised $60.5M in a Series D financing. The funding was led by Renaissance Holding Company, and also included affil...

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Monday, March 17, 2014

AMN Healthcare invests In PipelineRx

San Diego-based healthcare staffing firm AMN Healthcare Services said this morning that it has made a strategic investment in PipelineRx, a developer of clinical, telepharmacy medication management services. AMN said it is investing $5M in ...

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Friday, March 14, 2014

Materia Raises $14.9M

Pasadena-based advanced chemistry technology developer Materia has raised $14.9M in the first part of what looks to be a $50.0M fundraising effort, according to a regulatory filing this week. Details on the funding have yet to be announced ...

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Friday, March 14, 2014

Acorns Grow Finds $5.5M For Micro Investing

Newport Beach-based ACorns Grow, a developer of a mobile phone driven service which will sweep loose change from a user's credit card purchases into an investment account, has raised $5.5M in a Series B funding round. Acorns has yet to rele...

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Thursday, March 13, 2014

AnaptysBio Gets $17M in Licensing Deal

San Diego-based AnaptysBio, a biopharmaceuticals firm focused on the development of therapeutic antibodies, announced a deal today with TESARO. According to AnaptysBio, it will receive an upfront license fee of $17M from TESARO, plus receiv...

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Wednesday, March 12, 2014

TaxJar Gets $600,000 For Sales Tax Software

San Diego-based TaxJar, a developer of online software which helps manage sales tax payments for online retailers, said this morning that it has raised $600,000 from angel investors. TaxJar said that the angels involved in the seed funding ...

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Wednesday, March 12, 2014

Beats Music Raises As Much As $100M In New Funding

Santa Monica-based Beats Music, the subscription-based, music streaming service, has raised between $60M to $100M in new, equity financing, according to reports. Bloomberg, citing three people with knowledge of the deal, said that the fundi...

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Wednesday, March 12, 2014

TAPP Scores Funding From Eric Schmidt For Subscription Video

Los Angeles-based TAPP, a new startup co-founded by Jeff Gaspin, the former Chairman of NBC Universal Television, and Jon Klein, former president of CNN/U.S., said this morning that it has scored funding from a number of high profile invest...

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Wednesday, March 12, 2014

PatientSafe Solutions Gets $3M Strategic Investment

San Diego-based PatientSafe Solutions announced this morning that it has received $3M in a strategic investment, from TELUS Ventures. PatientSafe, which develops mobile, electronic health records systems, said the new funding comes along wi...

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Tuesday, March 11, 2014

Lumena Pharmaceuticals Gets $45M

San Diego-based Lumena Pharmaceuticals, a biopharmaceuticals firm developing treatments for liver disease, said today that it has raised $45M in a Series B funding. The funding was led by New Enterprise Associates, and also included Adage C...

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Monday, March 10, 2014

TYLT Lab Raises $20M For SoCal Venture Investments

A new, Los Angeles-based venture capital firm--TYLT Lab--said Monday that it has raised $20M in an initial close towards its early stage, seed investment fund. According to the new venture firm, it is focused on early stage, seed to A-round...

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Monday, March 10, 2014

TE2 Gains $3.5M For Location Marketing Technology

San Diego-based TE2, a developer of technology aimed at marketing to consumers by tapping into data from Bluetooth, GPS, Wi-Fi, NFC and RFID technology, said last week that it has raised $3.5M in a funding round. Source of the funding was n...

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Friday, March 7, 2014

Emotient Gets $6M For Facial Expression Recognition

San Diego-based Emotient has raised $6M in a funding round, to go towards the company's technology for facial expression recognition, the company said Thursday. The funding was led by new venture capital fund Handbag, which is led by Seth N...

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Friday, March 7, 2014

General Assembly Raises $35M In Funding Round

General Assembly, which conducts classes on web development, Photoshop, Javascript, digital marketing, and all kinds of other topics through its location in Los Angeles, has just scored a $35M funding round, a Series C for the company. The ...

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Thursday, March 6, 2014

Central Desktop Gets $5.0M In Credit Line

Pasadena-based Central Desktop, which develops cloud-based collaboration software, has scored a $5.0M line of credit from SaaS Capital, SaaS Capital said Thursday morning. According to the company, Central Desktop wlil use the financing to ...

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Wednesday, March 5, 2014

Newest Billion Dollar SoCal Startup: Auction.com

Add another, Southern California company to the exclusive list of billion-dollar plus startups here. Auction.com said this morning that it has raised $50M in a funding from Google Capital, at a $1.2 billion startup--which puts it in the ran...

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Wednesday, March 5, 2014

Auction.com Raises $50M From Google At $1.2 Billion Valuation

Irvine-based online real estate marketplace Auction.com announced this morning that it has raised $50M in a funding round from Google Capital. According to Auction.com, Google Capital will also add a representative to the company's board of...

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Tuesday, March 4, 2014

Cardium Gets Strategic Funding From China

San Diego-based Cardium Therapeutics said Monday that it has scored a strategic funding from Shanxi Taxus Pharmaceuticals Co., Ltd., to help support development of its regenerative medicine therapeutics products. According to Cardium, the d...

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Monday, March 3, 2014

ActiveReplay Gets $2.1M For Action Sports Tracker

Los Angeles-based ActiveReplay, the startup founded by Anatole and David Lokshin developing devices which can track all kinds of alpine sports, has raised $2.1M in a seed funding round, according to a regulatory filing by the firm Monday. D...

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Friday, February 28, 2014

Bitium Gets $6.5M For Enterprise Software

Santa Monica-based Bitium announced Friday that it has raised $6.5M in a Serie A funding, to go towards its app management, single sign-on, and analytics tools. The startup--which was founded by Scott Kriz and Erik Gustavson--said the round...

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Wednesday, February 26, 2014

Lynda.com's Lynda Weinman Backs EdSurge

Lynda Weinman, the co-founder of online video education site Lynda.com, is one of the angel backers in a funding round for online education-technology news publisher EdSurge. EdSurge said this morning that it had raised $1.5M in a funding r...

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Wednesday, February 26, 2014

Bruin Biometrics Finds $10M For Medical Sensors

Los Angeles-based medical device startup Bruin Biometrics said this morning that it has raised $10.0M in a new fundign round, to go towards its biometric sensing products. The startup develops a sensor which can be used to detect inflammato...

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Wednesday, February 26, 2014

ZEFR Lands $30M More

Venice-based ZEFR, which helps brands to better identify their fans on YouTube, said today that it has raised $30M in a new funding round. The funding was led by Institutional Venture Partners, and also included U.S. Venture Partners, Shast...

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Tuesday, February 25, 2014

Thesan Pharmaceuticals Adds $49M

San Diego-based Thesan Pharmaceuticals, which is developing treatments for acne and atopic dermatitis, said today that it has raised $49M in a Series B financing round. The funding round was led by Novo Ventures, and also included SV Life S...

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Tuesday, February 25, 2014

The Trade Desk Adds $20M

Ventura-based The Trade Desk, the real time, demand-side advertising platform developer led by Jeff Green, has raised $20M in a Series B funding, the company said today. The new round was led by Hermes Growth Partners, and also included pri...

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Tuesday, February 25, 2014

Quarterly Brings Funding To $3.7M

Los Angeles-based Quarterly, the startup led by Zach Frechette which curates gift boxes from influencers and celebrities and delivers them to you on a quarterly basis, has now brought its funding up to $3.7M, according to a regulatory filin...

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Monday, February 24, 2014

Avalon Ventures Gets Exit At Cloudant

San Diego-based venture investor Avalon Ventures has scored an exit this morning, after IBM said it has acquired Boston-based Cloudant, a developer of a NoSQL-based, cloud-based database. Financial terms of the buy were not disclosed. Cloud...

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Friday, February 21, 2014

MindBody Raises $50M

In one of the largest rounds for a Central Coast company in recent years--and the largest venture investment in San Luis Obispo ever--cloud software maker MindBody has raised $50M in a funding round. The company--which develops software-as-...

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Friday, February 21, 2014

MagnaCom Gets Investment From Qualcomm's Altman

MagnaCom Ltd., an Israeli company which has its U.S. operations in Laguna Niguel, said this week that it has added former Qualcomm President and Vice Chairman Steve Altman to the company as an advisor. As part of that move, MagnaCom said th...

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Thursday, February 20, 2014

Cylance Gets $20M For Security Tools

Irvine-based cybersecurity software developer Cylance announced today that it has raised $20M in a Series B funding, which came from Blackstone, Khosla Ventures, Fairhaven Capital and un-named private investors. Cylance says it is developin...

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Tuesday, February 18, 2014

Lessons Learned From The Accelerator Trenches: MuckerLab's Erik Rannala

Over the last few years, there's been an explosion in startup accelerators in Southern California, and in particular along "Silicon Beach" on the Los Angeles westside. One of the accelerators to emerge out of that boom a few years ago was...

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Friday, February 14, 2014

Rustic Canyon Backs UrbanSitter In New Funding

Los Angeles-based venture capital investor Rustic Canyon Partners is one of the return backers of online babysitting marketplace UrbanSitter, participating in UrbanSitter's new $15M Series B funding. UrbanSitter said the new funding round w...

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Thursday, February 13, 2014

Global Village Concerns Gets Debt Funding For E-commerce Platform

San Diego-based Global Village Concerns, which provides an online service which helps school with their branding and marketing--via online e-commerce shops with branded merchandise and gear--has raised ar round of debt funding. Size of the ...

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Thursday, February 13, 2014

Lithera Ups Series C To $35.6M

San Diego-based pharmaceuticals firm Lithera, which is developing aesthetic medicine products aimed at reducing fat, said this week that it has completed a final close of its Series C funding at $35.6M. The final tranche of the round added ...

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Thursday, February 13, 2014

Domain Associates Re-Ups On Miramar Labs

San Diego-based biotech investor Domain Associates has re-upped its investment in medical device manufacturer Miramar Labs. Miramar Labs said Wednesday that it has raised $10M in a Series D funding, from Aisling Capital, Cross Creek Capital...

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Wednesday, February 12, 2014

Disney Launches New LA Startup Accelerator

Walt Disney Company said Wednesday that it is launching a new, Los Angeles based startup accelerator, focused on startups looking to develop consumer entertainment experiences, called the Disney Accelerator. According to Disney, it will p...

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Wednesday, February 12, 2014

Trio Of SoCal Investors Back Welltok

Three, local venture capital investors -- Miramar Venture Partners, Okapi Venture Capital, and Qualcomm Ventures -- are part of a group investing $22.1M in healthcare software developer Welltok, which announced a big funding round this morn...

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Wednesday, February 12, 2014

Tapiture Takes $2.25M In Seed Funding

Venice, California-based social sharing site Tapiture said this morning that it has raised $2.25M in a seed funding round, which was led by JUMP Investors, along with angels Barry Sternlicht, Herb Simon, Brad Keywell (Lightbank), Brian Lee,...

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Monday, February 10, 2014

Transphorm Gets $15M More

Goleta-based Transphorm, the developer of high efficiency, power conversion devices which the company says are dramatically more efficient than current technology, has raised $15.0M in more funding, according to a regulatory filing from the...

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Monday, February 10, 2014

Semtech Backs Powervation In New Funding

Camarillo-based Semtech, the develope rof analog and mixed signal ICs, has backed an Irish maker of DC-to-DC power controllers in its latest funding round. According to Cork, Ireland-based Powervation, it raised $5.5M in a Series C1 funding...

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Wednesday, February 5, 2014

TradeYa Gets $1.1M

Santa Monica-based TradeYa said Wednesday that it has raised $1.1M in a venture capital funding, to launch its social platform for trading goods and services. The funding came from angel investors, including Chris Hameetman (Tech Coast Ange...

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Tuesday, February 4, 2014

One Kings Lane Snags Chief Technology Officer From Zappos

One Kings Lane, the online, home furnishings flash sales site which splits its operations between San Francisco, Los Angeles, and New York, said today that it has snagged former Zappos.com CTO Arun Rajan as its new Chief Technology Officer....

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Tuesday, February 4, 2014

REGEN Energy Gets $7M For Energy Management Technology

Newport Beach-based REGEN Energy announced today that it has raised $7M in a new funding round, as part of an initial close of a Series B funding. The company--which develops electric load management and demand response products for the ele...

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Tuesday, February 4, 2014

JMI Equity Backs AtTask

San Diego-based private equity investor JMI Equity is the lead in a $38M funding for project management software developer AtTask. According to AtTask, it raised $38M in the Series D growth funding for its project management software, and w...

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Tuesday, February 4, 2014

Unitas Global Gets Funding For Private Cloud Efforts

Los Angeles-based Unitas Global, a new, cloud services company founded by infrastructure veteran Grant Kirkwood, said today that it has raised a new funding round, from MK Capital and Azure Capital. Size of the funding round was not announc...

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Monday, February 3, 2014

Snapchat Adds $4.5M More To $50M Round

Venice, California-based Snapchat, the developer of the popular social media app, has added $4.5M in venture funding--and three new investors--as part of its Series C funding round, according to a regulatory filing by the company today. Det...

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Monday, February 3, 2014

One Kings Lane Finds $112M More For Home Furnishings

One Kings Lane, an online, flash home furnishing retailer which has offices and one of its founders (Susan Feldman) in Los Angeles, disclosed that it has raised $112M in a Series E funding round. The funding came from Mousse Partners, Klein...

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Friday, January 31, 2014

BlueCava Gets $13M For Ad Technology

Irvine-based BlueCava, a developer of a cross-screen advertising platform, said Thursday that it has raised $13M in a new funding round. According to the company, the second round of funding came from S3 Ventures, Performance Edge Partners ...

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Thursday, January 30, 2014

NewsCrafted Raises $1.1M

Los Angeles-based NewsCrafted, a company which provides elementary and middle schools with professionally designed, high quality newsletters -- including content, has raised $1.1M in an angel financing round, the second angel round for the ...

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Thursday, January 30, 2014

Fullscreen's Pricetag For Viddy: $7.8M?

Los Angeles-based YouTube content network Fullscreen, which is led by George Strompolos, disclosed Thursday that it has issued $7.8M in equity--related to a merger and acquisition, most likely the acquisition of Supernova (better known as V...

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Wednesday, January 29, 2014

XCOR Aerospace Raises $14.2M

Mojave-based commercial spaceflight developer XCOR Aerospace has raised $14.2M, part of an ongoing $20.0M funding round for the company, according to a regulatory filing from the company. The equity funding has not yet been announced by the...

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Tuesday, January 28, 2014

Enterprise Software Is Back: SoCal Sees Surge In Software Deals

Think Southern California's tech industry is all about fashion, Hollywood, and content? If you look at the last few weeks of deals here, you might be surprised: it's almost been entirely enterprise software. Yesterday, TigerText, a develo...

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Monday, January 27, 2014

Southern California's Billion Dollar Startup Trio: SpaceX, Snapchat, Beats

Think Silicon Valley has a lock on billion dollar startups? A recent analysis by the Wall Street Journal uncovers a surprising number of Southern California startups in the billion dollar valuation -- led by Hawthorne-based SpaceX, with a $...

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Monday, January 27, 2014

TigerText Raises $21M For Secure Messaging

Santa Monica-based TigerText, the developer of secure, enterprise real time messaging systems led by Brad Brooks, announced this morning that it has raised $21M in a Series B funding round. The new funding was led by Shasta Ventures, and al...

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Thursday, January 23, 2014

MuckerLab Shows Off New Class Of Startups

Santa Monica-based startup accelerator MuckerLab unveiled its latest class of startups yesterday at its Demo Day, showing off the third class of companies out of its program. MuckerLab's newest class includes BloomNation, a marketplace for ...

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Wednesday, January 22, 2014

BuyAutoParts.com Gets $18.6M In Private Equity Acquisition

San Diego-based online auto parts retailer BuyAutoParts.com has raised $18.6M in funding, the company said Tuesday. The funding round came from Gladstone Investment Corporation and Gladstone Capital Corporation. According to the online reta...

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Tuesday, January 21, 2014

Kareo Gets $29.5M For Cloud Medical Office Software

The surge in Southern California, cloud-based software investments continues today, as Irvine-based Kareo said this morning that it has raised $29.5M in a growth capital financing. The company--which develops cloud-based, medical office sof...

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Tuesday, January 21, 2014

Qualcomm Leads $14M Investment In Fon

San Diego-based wireless technology developer Qualcomm is the lead investor in a $14M round for Spanish Wi-fi sharing network operator Fon, the companies have announced. According to Fon, it raised $14M in a new financing round, led by Qual...

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Friday, January 17, 2014

Southern California Startups Raise More Than $598.4M In VC In Q4

Southern California's venture capital investments totaled a little more than $598.4M in the fourth quarter, according to the latest number from PricewaterhouseCoopers and the National Venture Capital Association, in its MoneyTree report. ...

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Thursday, January 16, 2014

AqueSys Raises $43.6M For Glaucoma Treatments

Aliso Viejo-based AqueSys, a medical device firm developing stent-based treatments for glaucoma, said this morning that it has raised $43.6M in a Series D funding. ACcording to the company, the round came from Accuitive Medical Ventures, Th...

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Wednesday, January 15, 2014

Battlefy Finds $1.3M

Battlefy, a startup developing an online platform for managing e-sports tournaments, leagues, and content--which is a graduate of the Amplify LA accelerator--said this week that it has raised $1.3M in seed funding from Deep Fork Capital, Wi...

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Wednesday, January 15, 2014

Amplify.LA Raises $8M More For Incubator Investments

Venice, California-based startup incubator Amplify LA, the startup accelerator headed by Paul Bricault and Richard Wolpert, disclosed today that it has raised $8M in a second investment fund for its companies. The funding came from such com...

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Wednesday, January 15, 2014

Qualcomm Ventures Kicks Off Startup Competition

San Diego-based Qualcomm Ventures, the venture investment arm of Qualcomm, has kicked off its annual venture competition, the QPrize, dangling seven $100,000 regional prizes and a $150,000 grand prize. Qualcomm's competition looks to identi...

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Tuesday, January 14, 2014

Washio Gets $2.25M For Laundry Pickup, Delivery

Los Angeles looks to be the center of the mobile-phone enabled, personal services market, as Wash.io--a new startup--announced today that it has raised $2.25M in a seed funding round. Wash.io offers up a smartphone app-driven service which ...

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Tuesday, January 14, 2014

Porch.com Gets Investment, Strategic Partnership With Lowe's

Porch.com, the online site focused on home improvement information which has operations and one of its founders in San Diego, has inked a big strategic deal today with Lowe's, the companies said today. According to the two, Lowe's will run ...

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Tuesday, January 14, 2014

Chrome River Taps Into $17M For Expense Management, Invoice Processing

Los Angeles-based Chrome River, which develops expense management and invoice processing software for the law, accounting, and consulting market, has raised $17M in a Series C funding, the company said this morning. The company--led by Alan...

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Tuesday, January 14, 2014

Invoca Gets $20 Million For Call Marketing Automation

Santa Barbara-based Invoca -- better known here by its prior name, RingRevenue -- said this morning that it has raised $20M in a Series C financing round. The startup, led by Jason Spievak, said the new funding was led by Accel Partners, an...

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Monday, January 13, 2014

Ivantis Raises $46.5M For Glaucoma Treatments

Irvine-based Ivantis, a developer of stents used to lower eye pressure for glaucoma patients, said this morning that it has now raised $46.5M in its Series B funding round, with the addition of an additional $14.0M close in the funding. Acc...

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Friday, January 10, 2014

Atara Biotherapeutics Raises $52M

Thousand Oaks-based Atara Biotherapeutics announced this morning that it is in a second close of its Series B funding round, bringing its total raised in the funding to $52M. According to Atari Biotherapeutics, the investors in the round in...

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Friday, January 10, 2014

Suneva Medical Gets $35 Million For Aesthetic Medicine

San Diego-based Suneva Medical, which is developing aesthetic medicine products, said late Thursday that it has raised $35M in a funding round. The funding included both debt and equity, and included $20M in a Series B equity financing. Tha...

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Thursday, January 9, 2014

ChowNow Gets $708K

Los Angeles-based mobile food ordering startup ChowNow has raised $708,414 as part of a new funding round, according to regulatory filing by the firm this week. Details on the funding have not yet been announced by the company. ChowNow has ...

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Thursday, January 9, 2014

Avelas Biosciences Raises $6.85M

San Diego-based Avelas Biosciences announced today that it has raised $6.85M in a Series B funding round, for the company's technology for illuminating cancer cells. The company said the funding came from Avalon Ventures, and also included ...

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Thursday, January 9, 2014

Upfront Ventures Promotes Hudson To Principal

Los Angeles-based venture capital investor Upfront Ventures has promoted Jordan Hudson to Principal, the firm said Wednesday. Hudson has previously served at such firms as Fox Filmed Entertainment and GCA Savvian. Upfront said that Hudson w...

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Wednesday, January 8, 2014

Auspex Pharmaceuticals Raises $35M

La Jolla-based Auspex Pharmaceuticals, a biopharmaceuticals firm aiming at treating hyperkinetic movement disorders, announced this morning that it has raised $35M in two separate financings. According to the company, it raised $20M in a Se...

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Wednesday, January 8, 2014

StockTwits Raises New Funding, Swaps CEO

San Diego-based stock tip messaging service Stocktwits said last week that it has raised a new round of funding, and named a new CEO. The company said the new funding brings its total raised to $10M. As part of the funding, founder and CEO ...

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Monday, January 6, 2014

Ignyta Gets $10M In Term Loan

San Diego-based Ignyta, a developer of biotechnology for the oncology market, said this morning that it has received a $10M, expanded capital term loan from Silicon Valley Bank. Financial terms of that new term loan were not announced. Igny...

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Monday, December 30, 2013

Manalto Gets $1M For Social Media Content Management

Santa Monica-based Manalto has raised $1M in a seed funding round, for the company's social media content management software. According to Manalto, the funding came from Europlay Capital Adivsors, Raven Capital, as well as high net worth i...

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Friday, December 20, 2013

Transphorm Raises $18M More

Goleta-based Transphorm, which is developing Gallium Nitride (GaN) power conversion technology which is far more efficient than existing power transformer technology, has raised another $18M in funding, part of an ongoing $20M funding round...

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Wednesday, December 18, 2013

Shop-Hers Snags Funding From Elevation

Los Angeles-based online luxury resale site Shop-Hers said Tuesday that it has raised a Series A funding round, which came from Elevation Partners, as well as others. Size of the funding round was not announced. The funding also included Fl...

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Tuesday, December 17, 2013

Atara Biotherapeutics Gets $38.5M

Thousand Oaks-based biopharmaceuticals startup Atara Biotherapeutics announced this morning that it has raised $38.5M in a Series B funding round, for its efforts to develop treatments for patients with end-stage renal disease. The funding ...

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Friday, December 13, 2013

Oculus VR Raises $75M For Virtual Reality Glasses In Series B

Irvine-based Oculus VR announced last night that it has raised $75M in a funding round, a giant Series B for the maker of the Oculus Rift virtual reality headsets. The funding round was led by Andreessen Horowitz, and also included Spark C...

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Friday, December 13, 2013

MavenLink Lands $7M For Project Management Tools

Irvine-based Mavenlink, a developer of a software-as-a-service offering for project management and project accounting, has raised $7M in funding. The funding came from Carrick Capital Partners. According to Carrick Capital Partners, it co-f...

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Thursday, December 12, 2013

TrueCar Scoops Up $30M From Vulcan Capital

Santa Monica-based online car buying technology provider TrueCar said this morning that it has raised $30M in a new round of funding, from Vulcan Capital, the venture funding arm of Microsoft co-founder Paul Allen. TrueCar said the new fund...

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Thursday, December 12, 2013

Snapchat Confirms $50M Series C Round

Los Angeles-based Snapchat confirmed it has raised $50M in a Series C funding Wednesday, as the hot, instant photo messaging app developer reportedly turned down a $3 billion offer from Facebook and has decided to continue on as an independ...

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Wednesday, December 11, 2013

Chippmunk Raises $750,000 For Coupon Search Engine

Los Angeles-based Chippmunk said this morning that it has raised $750,000, for the company's shopping search engine--which helps users with comparison shopping, finding coupons, and with expert shopping recommendations. The startup--led by ...

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Wednesday, December 11, 2013

MomentFeed Raises $5.5M

Santa Monica-based MomentFeed, which develops mobile marketing software which lets marketers understand correlate the activities of mobile users with the physical locations of those consumers, said this morning that it has raised $5.5M in a...

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Wednesday, December 11, 2013

Plug.dj Finds $1.25M For Music, Video Sharing Service

Los Angeles-based Plug.dj, an online music and video sharing service, has raised $1.25M in a funding round, to bolster the company's product. The funding came from Javelin Venture Partners. The firm, which is led by Alex Reinlieb, said it w...

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Tuesday, December 10, 2013

Indi Molecular Picks Up $300K More In $1.8M Seed Funding

Culver City-based Indi Molecular, a developer of synthetic replacements for antibodies, announced Tuesday that it has raised $300,000 more in its seed funding, bringing the total raised in the round to $1.8M. The new funding was led by Inte...

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Tuesday, December 10, 2013

SHIFT Gets $6M For Real Time Marketing Tools

Santa Monica-based SHIFT, which develops real time, online advertising and marketing tools, announced this morning that it has raised $6M in a Series B funding round. The company said the funding came from DN Capital, and will go towards in...

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Tuesday, December 10, 2013

PaeDae Wins $11.6M

Los Angeles-based PaeDae said this morning that it has raised $11.6M in a venture capital funding, in a combination of both equity and debt. The startup said the funding came from Ed Ojdana, 3G Capital, Grind Games, Silicon Valley Bank, as ...

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Monday, December 9, 2013

Qualcomm Leads Investment In Practice Fusion

The venture arm of San Diego-based Qualcomm, Qualcomm Ventures is the lead investor in a new round of funding for healthcare technology company Practice Fusion, the companies announced this morning. Accordin to Practice Fusion, it raised $1...

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Thursday, December 5, 2013

CARD.com Raises $3M For Prepaid Debit Cards

Los Angeles continues to be a hotbed for new, finance-related startups this morning, as Santa Monica-based CARD.com announced it has raised $3M in a Series A funding. According to CARD.com, it is offering up prepaid debit cards aimed at pro...

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Wednesday, December 4, 2013

DreamHost Raises $30M

Los Angeles-based hosting company DreamHost is announcing this morning that it has raised $30M in a debt financing round, from Goldman Sachs. According to the company, the funding was structured as a $25M term loan and $5M revolving line, a...

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Wednesday, December 4, 2013

3D Robotics Lands $6M From Mayfield

San Diego-based unmanned aerial robot developer 3D Robotics has raised $6M in funding from Mayfield, as part of the company's $30M Series B funding round, Mayfield said today. 3D Robotics--headed by former editor-in-chief of Wired magazine,...

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Tuesday, December 3, 2013

Upfront Re-Ups On Datasift

Los Angeles-based venture investor Upfront Ventures has re-upped its investment in San Francisco-based social data provider Datasift. Datasift said it raised $42M Tuesday morning, led by Insight Venture Partners and also including prior in...

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Tuesday, December 3, 2013

Payoff.com Raises $7.0M For Personal Finance Efforts

Long Beach-based Payoff.com, a startup which operates an online service that helps user pay off debt and save money via online rewards, social tools, and peer pressure, has raised $7.0M in a funding round, according to a regulatory filing b...

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Monday, December 2, 2013

Angeleno Group Backs Stem's Energy Storage Systems

Los Angeles-based cleantech investor Angeleno Group has put more funds towards energy storage startup Stem, as part of a Series B funding round. Stem--which is based in Millbrae, in Silicon Valley--said it closed a $15M, Series B funding ro...

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Tuesday, November 26, 2013

Kayne Anderson Backs ColdLight Solutions

Los Angeles-based private equity investor Kayne Anderson Capital Advisors has backed a developer of automated, machine learning and big data, predictive analytics software called ColdLight Solutions, the company said Monday. Financial terms...

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Friday, November 22, 2013

Mission Ventures Re-Ups On Alpine Data

San Diego-based venture capital investor Mission Ventures has re-upped its investment in San Francisco-based Alpine Data Labs, a developer of Hadoop software for the big data market. Alpine Data Labs said Friday that it has raised $16M in a...

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Friday, November 22, 2013

Sitari Pharmaceuticals Raises $10M To Tackle Celiac Disease

San Diego-based Avalon Ventures announced this morning that it has launched a new company, Sitari Pharmaceuticals, with $10M in a Series A financing. Avalon said new startup is focused on the development of novel treatments for celiac disea...

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Wednesday, November 20, 2013

CapLinked Adds $1M, New Investors In Funding Round

Los Angeles-based CapLinked, the developer of business transaction and deal management software-as-a-service, said today that it has raised $1M in an expansion round for the company. The new funding came from Subtraction Capital, FF Angel, ...

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Tuesday, November 19, 2013

WD Backs Hightail

Irvine-based WD, via its venture investment arm, Western Digital Capital, has backed online file sharing service Hightail, in a $34M Series E funding round. Hightail--which is based in Campbell, California--said the funding round also inclu...

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Monday, November 18, 2013

VerifyInvestor.com Launches Investor Accreditation Service

A new, Los Angeles startup--VerifyInvestor.com, said Monday that it has launched a new, online accredited investor verification service, which will help startups meet new requirements for funding with the new JOBS Act. The startup, headed b...

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Wednesday, November 13, 2013

Ezoic Gets $5.6M For Automated Website Layout Software

San Diego-based Ezoic announced this morning that it has raised $5.6M in a funding round, for the company's software for automatically improving site layout and advertising revenue. The Series A funding was led by Balderton Capital, and als...

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Tuesday, November 12, 2013

Quest Software Founder's Toba Capital Re-Ups On Quorum

Irvine-based Toba Capital, the investment firm of Quest Software CEO and founder Vinny Smith, has re-upped on Quorum, a developer of appliances for disaster recovery and backup--and also taken charge of the company. According to Quorum, it ...

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Tuesday, November 12, 2013

Skechers Co-founder Backs Real Estate Startup Househappy

Jeff Greenberg, the co-founder of Manhattan Beach-based Skechers, has made a big angel investment in a real estate startup called Househappy.org this morning. According to Househappy.org, which operates an online site to let users browse th...

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Tuesday, November 12, 2013

Core Innovation Capital Backs Ripple Labs

Los Angeles-based venture investor Core Innovation Capital is backing payment protocol provider Ripple Labs, as part of a new $3.5M funding in Ripple. San Francisco-based Ripple Labs develops an open source, distributed payment protocol aim...

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Monday, November 11, 2013

Backdoor's 14-year Old Founder Gets $200,000 For Social Messaging App

Los Angeles-based Backdoor, a startup founded by 14-year old Daniel Singer, announced this morning that it has raised $200,000 towards further development of its anonymous messaging app. The company said the funding came from ArpexCapital, ...

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Monday, November 11, 2013

Ninja Metrics Raises $2.8M For Predictive Analytics Software

Los Angeles-based Ninja Metrics announced this morning that it has raised $2.8M in a funding round, to bring its social analytics engine for gaming companies to market. The startup, which came out of technology developed from a group of uni...

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Monday, November 11, 2013

Building Robotics Backed By Navitas Capital

Building Robotics, a developer of software to manage heating and cooling in commercial buildings, has raised $1.4M in a seed funding, which included Navitas Capital, a venture firm with offices in Los Angeles. The funding came from Claremon...

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Friday, November 8, 2013

Kelley Blue Book In Chinese Joint Venture

Irvine-based Kelley Blue Book has inked a partnership to expand its Internet content into China, the company said this week. Kelley Blue Book said it entered into a joint venture with Bitauto Holdings Limited and the China Automobile Dealer...

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Friday, November 8, 2013

Mobile Learning Networks Raises $350,000

San Diego-based Mobile Learning Networks, which is developing tablet-based apps to help students work with tutors, has raised $350,000 in a funding round, the company announced Thursday. Source of the funding was not announced. Mobile Learn...

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Thursday, November 7, 2013

GoCoin Raises $550,000 For BitCoin Purchases

Santa Monica-based GoCoin--one of the first BitCoin startups to emerge out of the Silicon Beach technology ecosystem--said today that it has raised $550,000 in a seed funding round, to develop a platform to enable the purchasing of good and...

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Thursday, November 7, 2013

deviantART Gets $10M From Autodesk

Los Angeles-based online social network for artists deviantART has raised $10M in a funding round from CAD software developer Autodesk, according to a regulatory filing from the firm. The site--which says it has 29 million registered membe...

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Thursday, November 7, 2013

ImmunGene Raises $9M

Thousand Oaks-based ImmunGene, a startup biotech company developing antibody-based, protein therapeutics for treating cancer, said today that it has raised $9M in a Series A funding, to advance its early stage development products. Accordin...

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Wednesday, November 6, 2013

Sonos Raises $25M To Buy Out Early Employees

A report today says that Santa Barbara-based Sonos, the developer of the user-friendly wireless home audio systems, has raised $25M in a secondary funding, which will go towards buying out fully vested employees. The report came from Fortun...

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Wednesday, November 6, 2013

METRIX Capital Gets $5M For Funding Efforts

Orange County-based investor METRIX Capital Group has announced a $5M funding round, which it says will go towards its alternative funding for small and medium sized businesses. The firm--which is led by Jeff Brannon--said that the funds wi...

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Wednesday, November 6, 2013

Horizon Communications Gets Investment From Solis Capital Partners

Irvine-based Horizon Communications, a provider of telecommunications and electrical infrastructure installation and support services, has received an investment from Newport Beach-based private equity firm Solis Capital Partners. Size of t...

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Tuesday, November 5, 2013

Seriously Lands $2.35M From Upfront For Video Game Efforts

Seriously, a new video game startup, has just received $2.35M in a seed funding from LA's Upfront Ventures, to help create mobile and casual games. The startup's founders--Petri Jarvilehto and Andrew Stalbow--are both veterans of Roxio, and...

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Tuesday, November 5, 2013

Autobytel Makes Investment In SaleMove

Irvine-based automotive information and leads site Autobytel said today that it has made an investment in SaleMove, a provider of online car buying technology. According to Autobytel, it made the investment as part of a deal to become the e...

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Monday, November 4, 2013

Greentoe Raises $500,000 For Name-Your-Own Price Marketplace

Los Angeles-based Greentoe, a startup developing an e-commerce marketplace which lets people set their own price on appliances, photo equipment, home theater, baby products, music, and more, has raised $500,000 in angel funding. Names of th...

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Monday, November 4, 2013

Los Angeles Cleantech Incubator Gets $200,000 Grant, Eyes Investment Fund

The incubator effort looking to make Los Angeles a key part of the clean technology industry, the Los Angeles Cleantech Incubator (LACI), announced this morning that it has received a $200,000 grant from the JPMorgan Chase Foundation, to he...

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Wednesday, October 30, 2013

Domain, Versant Portfolio Firm Veracyte Hits IPO Market

Southern California venture capital investors Domain Associates and Versant Venture saw a public exit of one of their portfolio companies this morning, molecular diagnostics equipment maker Veracyte. Veracyte debuted on the NASDAQ Global Ma...

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Wednesday, October 30, 2013

Insights: Venture Capital: The Times, They Are A-Changin'

For our Insights and Opinions section today--where we feature the thoughts and opinions of the local high tech community--we have an article from Jeff Grabow, of Ernst & Young, talking about the changing world of venture capital: The V...

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Tuesday, October 29, 2013

Magisto Gets Funding From Qualcomm

Magisto, a developer of social video editing tools, said Tuesday that it has raised $13M in a funding round, which came from San Diego-based Qualcomm, along with flash memory developer Sandisk. The Series C funding round also included Magma...

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Tuesday, October 29, 2013

Brighter.com Gets $15M More For Dental Service

Los Angeles-based Brighter.com, the dental care startup headed by startup veteran Jake Winebaum, said this morning that it has raised $15M in a Series C funding round, to expand to new markets. The new funding was led by Tenaya Capital, and...

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Monday, October 28, 2013

How Much Is Snapchat Really Worth?

How much is Los Angeles-based Snapchat really worth? The report last week that Snapchat is raising a new funding round at $3.5 billion--and turned down a $1 billion acquisition offer from Facebook--has some wondering if we've returned to 19...

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Friday, October 25, 2013

Snapchat Seeks More Funding At Up To $3.6 Billion Valuation

Los Angeles-based mobile app developer Snapchat is in the midst of a new funding round, which values the company at more than $3.6 billion, according to a report Friday. AllThingsD reports that the firm--which just raised $60M in June--is l...

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Wednesday, October 23, 2013

Black Lotus Nabs $3.5M For DDoS Protection Service

Black Lotus, a provider of services for protecting businesses against distributed denial-of-service (DDoS) attacks, said today that it has raised $3.5M in a funding round. The company--which operates its primary data center out of LA's One ...

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Tuesday, October 22, 2013

Avalon Ventures Backs Teambox

San Diego-based venture investor Avalon Ventures is the lead investor in a round for a developer of cloud-based, business collaboration software today. According to Teambox, which was founded in Barcelona, Spain, and which is setting up hea...

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Tuesday, October 22, 2013

OneRoof Energy Gets New Equity Investment

San Diego-based solar power financing company OneRoof Energy reports this morning that it has received an investment from GDF SUEZ Energy North America. Financial terms of the investment were not announced, hwoever, OneRoof Energy said the ...

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Monday, October 21, 2013

Insightra Medical Gets Funding For Medical Devices

Irvine-based Insightra Medical, the developer of a medical device used for treating hernias, has raised a Series C financing round, the company announced this morning. Size of the round was not announced. The funding was co-led by Baird Cap...

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Monday, October 21, 2013

Arcturus Therapeutics Gets $5M

San Diego-based Arcturus Therapeutics, a developer of RNAi technology, said it has raised $5M in a Series A funding round. According to Arcturus, the funding came from multiple private capital,, high net worth investors from Canada, Japan, ...

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Monday, October 21, 2013

ChromaDex Gets Strategic Investment

Irvine-based ChromaDex, a publicly held developer of phytochemical ingredients, said it received a strategic investment from DSM Venturing, the venture capital arm of Royal DSM. Size of the investment was not announced. Royal DSM is a major...

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Friday, October 18, 2013

CrossCut Ventures Gets Credit Facility

Santa Monica-based CrossCut Ventures, the venture capital investment firm founded by Rick Smith, Brian Garrett, and Brett Brewer, has received a new credit facility from Square 1 Bank, Square 1 announced this week. Size of the credit facili...

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Friday, October 18, 2013

Southern California Tech Companies Raise $709.8M In Q3

Southern California technology companies raised $709.8M in venture capital in Q3, according to the latest numbers from the MoneyTree Report from PricewaterhouseCoopers LLP and the National Venture Capital Association, based on data From T...

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Thursday, October 17, 2013

Inari Medical Gets $4.7M For Medical Device Startup

Aliso Viejo-based Inari Medical, a medical device developer incubated out of Inceptus Medical, said Wednesday that it has raised $4.7M in a Series A funding round. The funding came from Versant Venturs and U.S. Venture Partners. Inceptus sa...

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Thursday, October 17, 2013

TextPower Finds $525,0000 For Text Messaging Handling

San Juan Capistrano-based TextPower, a developer of text messaging products aimed at enterprise alerts and the security and authentication market, said today that it has raised $525,000 in a Series A financing round. The financing came from...

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Wednesday, October 16, 2013

Townhang Raises $700,000, Launches Event Discovery Site

A new, Los Angeles-based startup, Townhang.com, announced Wednesday that it has raised $700,000, and launched a new site to help people find interesting events, happenings, and activities in their city. The startup--founded by Alexey Karpov...

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Tuesday, October 15, 2013

Sofie Biosciences Lands $5M In Series A

Culver City-based molecular imaging products maker Sofie Biosciences said Tuesday that it has raised $5M in a Series A funding round. The funding was led by Tata Industries, and also included MRM Capital and the Cycad Group. Sofie Bioscienc...

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Tuesday, October 15, 2013

Sofie Biosciences Lands $5M In Series A

Culver City-based molecular imaging products maker Sofie Biosciences said Tuesday that it has raised $5M in a Series A funding round. The funding was led by Tata Industries, and also included MRM Capital and the Cycad Group. Sofie Bioscienc...

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Tuesday, October 15, 2013

Newlight Gets Investment From Private Equity Investor

Irvine-based Newlight, a company developing technology which turns greenhouse gases into plastic, has raised an additional funding from private equity investor METRIX Capital Group. Size of the investment was not disclosed, however, METRIX ...

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Monday, October 14, 2013

Embarke Raises $1.25M For Email MarketingTools

San Diego-based Embarke has raised $1.25M in a funding round, which the company's founder said came from a number of venture capitalists and angel investors. The company's backers include Anthem Ventures, La Costa Investment Group, Right Si...

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Monday, October 14, 2013

Vital Therapies Seeks $86.52M In IPO

San Diego-based Vital Therapies has filed for an IPO, saying in a filing late Friday that it is looking to raised $86.25M in an IPO effort on the NASDAQ Global Market. The company is looking to trade as VTL. The company, which develops cell...

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Monday, October 14, 2013

Arrowhead Research Raises $60M In PIPE

Pasadena-based Arrowhead Research said this morning that it has raised $60M in a private offering, from RA Capital Management, LLC, plus its other existing institutional investors. The biopharmaceuticals firm, which is developing targeted R...

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Thursday, October 10, 2013

Qualcomm Backs Lookout's Mobile Security Tools

San Diego-based Qualcomm is backing mobile security software maker Lookout, as part of a big, $55M funding round for Lookout which was announced Thursday. Lookout said it raised $55M in a funding from Deutsche Telekom, Qualcomm, Greylock Ve...

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Thursday, October 10, 2013

DogVacay Raises $15M

DogVacay, the online peer-to-peer marketplace for pet sitting services headed by Aaron Hirschhorn, has scored $15M in a Series B funding round, the company said this morning. The Los Angeles company said that the new round was led by Founda...

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Thursday, October 10, 2013

GreenWave Reality Raises $19M

GreenWave Reality, a startup developing a platform to help manage the "Internet of Things"--and which is headed by former Cisco executive Greg Memo--said this morning that it has raised $19M in a Series B funding round. The round was led by...

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Thursday, October 10, 2013

GreenWave Reality Raises $19M

GreenWave Reality, a startup developing a platform to help manage the "Internet of Things"--and which is headed by former Cisco executive Greg Memo--said this morning that it has raised $19M in a Series B funding round. The round was led by...

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Wednesday, October 9, 2013

Achates Power Raises $35.2M More

San Diego-based Achates Power--which is developing technology it says radically improves the internal combustion engine--has raised $35.2M more for its efforts, the company said Tuesday, bringing its total raised to nearly $90M. The company...

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Wednesday, October 9, 2013

Cirro Finds $8M For Big Data Software

San Juan Capistrano-based Cirro, a developer of software for data access, exploration, and analysis, announced this morning that it has raised $8M in a Series A funding round. The round was led by Toba Capital, and also included Frost Vent...

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Tuesday, October 8, 2013

Dollar Shave Club Gets $12.0M More

Santa Monica-based Dollar Shave Club, the company that hit the scene with a viral launch video for its subscription razor e-commerce business, has $12.0M more in the bank, the company disclosed Tuesday. The firm's Series B funding round ca...

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Tuesday, October 8, 2013

UTA Targets Early Stage Investments With New Hire

The United Talent Agency is ramping up its outreach to early stage, digital media companies, with a new hire from the Los Angeles technology industry. According to the United Talent Agency, it has hired Robyn Ward as part of its Digital Med...

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Tuesday, October 8, 2013

Adly Gets New Investor

Los Angeles-based social advertising technology developer Adly announced today that it has added a new investor, with ties to professional athletes and celebrities. According to Adly, it has partnered with Legacy Growth Partners as its firs...

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Tuesday, October 8, 2013

PharmAkea Raises $45M For Small Molecule Drugs

San Diego-based biopharmaceuticals developer PharmAkea Therapeutics has raised $45M in funding for development of its small molecule drugs, aimed at trating cancer and fibrotic diseases. The funding included $35M from Celgene Corporation in...

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Monday, October 7, 2013

Cove Financial Group Gets $10.4M Investment

Irvine-based Cove Financial Group, a financial startup developing alternative, mortgage funding products, said this morning that it has raised $10.4M in a Series A funding round. The funding round came from an affiliate of Jacobs Asset Mana...

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Thursday, October 3, 2013

Good Eggs Gets Funding For Grocery Delivery In LA

Good Eggs, an online, local grocery delivery service which has been piloting its services in Los Angeles, has raised $8.5M in a funding round from Sequoia Capital, the company said Thursday. The Bay Area startup said the funding was led by ...

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Thursday, October 3, 2013

Anthem Ventures Backs Madefire For Comic Publishing Apps

Santa Monica-based Anthem Ventures is one of the investors in MadeFire, a developer of storytelling applications, MadeFire announced Wendesday. MadeFire said it raised a $5.2M, Series A funding round for its apps, which are being used to pu...

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Wednesday, October 2, 2013

Vionic Gets $900K For Social Offers

San Diego-based Vionic, a developer of technology for helping companies create social media deals and promotions, said Wednesday that it has raised $900,000 in a funding round. The funding came from angel investors. According to the startup...

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Wednesday, October 2, 2013

Telogis Raises $93 Million

In what looks to be one of the largest, venture capital deals in Orange County so far this year, Aliso Viejo-based Telogis said Tuesday that it has raised $93M in a funding round, for the company's location-based intelligence technology. Th...

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Wednesday, October 2, 2013

BioNano Genomics Finds $10M For Human Genome Analysis

San Diego-based BioNano Genomics announced this morning that it has raised $10M in a funding round, to commercialize its system for human genome analysis. The funding came from Batelle Ventures, Domain Associates, and Gund Investment Corpor...

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Monday, September 30, 2013

Craton Equity Partners Acquired By TCW Group

Los Angeles-based socially responsible investment company Craton Equity Partners has been acquired by another, Los Angeles investment company, The TCW Group, TCW announced today. Financial details of the deal were not disclosed. Craton Equi...

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Monday, September 30, 2013

GenomeDX Gets New Funding

San Diego-based GenomeDX Biosciences said this morning that it has raised a Series B financing round, for the company's genomic tests for prostate cancer. The funding was led by Merck Global Health Innovation Fund (GHIF), and also included ...

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Friday, September 27, 2013

Porch Raising $27.7M

The newly launched, online home improvement project site and community Porch, which is split between San Diego and Seattle, is in the midst of raising $27.7M in a funding round, according to a regulatory filing by the firm this week. Accord...

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Friday, September 27, 2013

Surveying SoCal's M&A Landscape, with David Siemer

One of the most frequent questions from high tech startups is: where's my exit? We caught up with David Siemer, both an investment banker who runs Siemer & Associates (www.siemer.com) and an early stage investor here with Siemer Ventures ...

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Friday, September 27, 2013

Beats Electronics Gets Investment From Carlyle Group

Santa Monica-based Beats Electronics, the audio accessories brand founded by Dr. Dre and Jimmy Iovine, said today that it has received a minority investment from The Carlyle Group. Financial terms of the deal were not announced. Beats said ...

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Thursday, September 26, 2013

The Drones Are Coming: 3D Robotics Hovers Into $30M Series B

Unmanned aerial vehicle company 3D Robotics announced Thursday that it has raised a huge, $30M funding round for the company, which was founded by Chris Anderson and Jordi Munoz. The San Diego company aid the funding round was led by Foundr...

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Thursday, September 26, 2013

Karlin Ventures Backs Gyft

Los Angeles venture capital investor Karlin Ventures has made another investment this week, as part of the $5M, Series A round for Gyft, a mobile gift startup. Karlin joined A-Grade Investments, Social+Capital Partnership, Karlin Ventures,...

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Thursday, September 26, 2013

Burner Gets $2M

Burner, the Los Angeles startup which lets users create one-time, "burnable" phone numbers for temporary use, has raised $2M in a seed funding, the company said today. The funding came from Founder Collective and Venrock, as well as 500 Sta...

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Thursday, September 26, 2013

JustFab Raises $40M More

Los Angeles-based e-commerce site JustFab announced this morning that it has raised another $40M in funding in a Series C funding. The funding was led by Shining Capital, in addition to the company's existing investors. The new funding come...

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Wednesday, September 25, 2013

DFJ Frontier Names New Venture Partner

Los Angeles-based venture capital investment firm DFJ Frontier is bolstering its ranks, and has snagged an entertainment and media veteran as a new Venture Partner at the company. According to DFJ Frontier, it has added Bruce Long has previ...

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Tuesday, September 24, 2013

Calacanis Debuts LAUNCH Fund I To Back 100 Companies

Jason Calacanis, the serial entrepreneur, angel investor, and conference organizer, announced Tuesday morning that it has closed his first, formal angel investing fund, The LAUNCH Fund I. Calacanis said the fund will invest $100-$250K in 50...

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Tuesday, September 24, 2013

ServiceNow's Slootman Ventures Into Big Data Startup

Frank Slootman, the CEO of San Diego-based ServiceNow, has invested in a big data startup, as he continues to expand out his angel funding activity. According to Mountain View-based BlueData, Slootman was one of the angels in a new, $15M Se...

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Tuesday, September 24, 2013

PatientSafe Solutions Raises $27M

San Diego-based PatientSafe Solutions, a developer of mobile healthcare software, has received a strategic investment, bringing its Series C funding to $27M. According to PatientSafe, the strategic investment came from EDBI, the investment ...

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Monday, September 23, 2013

Indi Molecular Raises $1.5M For Antibody Startup

Culver City- and Seattle-based Indi Molecular, a startup developing a synthetic replacement for antibodies, has raised $1.5M in a seed funding round. The funding was led by InterWest Partners, and also included a number of un-named angel in...

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Monday, September 23, 2013

Domain, Versant Portfolio Firm Plans IPO

Veracyte, a portfolio firm of two, Southern California venture capital investors--Domain Associates and Versant Ventures--has filed for an IPO, saying that it is looking to raised up to $74.7M in an IPO on the NASDAQ Global Market. Versant ...

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Friday, September 20, 2013

Apmetrix Lands Investment Round For Videogame, Mobile Analytics

San Diego-based Apmetrix, which provides software for video game and mobile game analytics, said Friday that it has raised a round of funding. Size of the funding was not disclosed. The round came from Analytics Ventures, La Costa Investmen...

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Thursday, September 19, 2013

Upfront's Latest Investment, Deliv, Aims To Help Mall Retailers Win Online

Los Angeles-based venture capital investor Upfront has a long track record in the retail industry--the investor was one of the backers of Starbucks, just to name one--so it's no surprise that the company has made another investment in the s...

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Wednesday, September 18, 2013

Machinima Cuts 10 Percent More

Los Angeles-based YouTube network Machinima announced Wednesday afternoon that it has laid off 10 percent of its employees, or 22 employees out of a current staff of 206, as part of a shift in its programming plans. The company said the lay...

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Wednesday, September 18, 2013

Autobytel Invests In AutoWeb

Irvine-based online auto information and leads site Autobytel announced Wednesday afternoon that it has invested $2.5M in AutoWeb, a new, pay-per-click automotive advertising marketplace. Autobytel said it also has the option to invest an a...

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Wednesday, September 18, 2013

LA's Karlin Ventures Leads Investment In StrikeAd

Los Angeles-based venture capital investor Karlin Ventures is the lead investor in mobile advertising firm StrikeAd. StrikeAd, which is based in New York City, said it raised $7M in a funding round, which was led by Karlin Ventures, and als...

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Tuesday, September 17, 2013

Cool Planet Energy Systems Raises $19.4M More For Biofuels Effort

Cool Planet Energy Systems, which is developing technology to convert biomass into biofuels in a carbon-neutral way, said Tuesday that it has raised $19.4M in funding, bringing its total Series D funding to over $60M. The company--which was...

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Tuesday, September 17, 2013

eSolar Raises $22M More

In a resurgence of life from Southern California's clean technology industry, Burbank-based eSolar announced this morning that it has raised $22M more in a funding round. According to the solar thermal power technology developer, the fundin...

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Monday, September 16, 2013

Success Is Not Always A Straight Line, With Hamet Watt, Upfront Ventures

Hamet Watt is a longtime serial entrepreneur, who just recently join LA's Upfront Ventures (www.upfront.com) as a Venture Partner. Hamet was previously co-founder at bLife and MoviePass, founded NextMedium, and was Entrepreneur-in-Residen...