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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...

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Thursday, September 12, 2013

Maker Studios Raises $26M More

Culver City-based Maker Studios confirmed today that it has raised $26M in additional funding in its Series C funding. According to the company, the new round was led by Time Warner Investments, along with Canal+, Astor, Singtel Innov8, Upf...

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Thursday, September 12, 2013

How More Women Are Becoming Angel Investors, with Eva Yazhari

Venture and angel investing has long been considered a man's world--with domination of the industry, executives, financiers, and others by men, with only a few exceptions. In a bid to change that, there are a few groups working on helping...

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Thursday, September 12, 2013

Upfront Ventures Adds Hamet Watt As Venture Partner

Los Angeles-based venture capitalk investor Upfront Ventures is expanding its Los Angeles firepower this morning, adding longtime digital media veteran Hamet Watt as a venture partner. According to Upfront Ventures, it is adding Watt to bol...

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Wednesday, September 11, 2013

Core Innovation Capital Backs Wipit

Los Angeles-based venture investor Core Innovation Capital is backing mobile payments provider Wipit, in a Series A funding, the companies said this morning. Size of the investment was not announced. As part of the funding, Arjan Schutte,...

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Tuesday, September 10, 2013

Report: Dominate Fund Retreats From Hollywood

An effort to raise an investment fund from Hollywood, to specifically invest in technology companies, looks to have pulled back its effort to court celebrities and actors, according to a report this week. DominateFund, a new venture capital...

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Monday, September 9, 2013

CrowdStrike Gets $30M For Cybersecurity Technology

Irvine-base security technology provider CrowdStrike announced this morning that it has raised $30M in a Series B funding round, which was led by Accel Partners and also included Warburg PIncus. The security company--founded by serial ent...

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Wednesday, September 4, 2013

Triton Algae Innovations Snags $5M

San Diego-based Triton Algae Innovations, a new startup whose founders include the co-founders of Sapphire Energy, Dr. Steve Mayfield and Dr. Jason Pyle, is announcing today that it has raised $5M in a Series A funding round. The funding ca...

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Wednesday, September 4, 2013

Otonomy Lands $45.9M

San Diego-based biopharmaceuticals firm Otonomy announced this morning that it has raised $45.9M in a Series C, equity funding. According to the company, the funding was led by OrbiMed Advisors, and also included Aperture Venture Partners, ...

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Wednesday, September 4, 2013

Digital Brand Architects Gets Investment

Online talent management agency Digital Brand Architects, a company focused on talent management of online influencers, has raised a round of funding from Azoff Music Management. Size of the funding was not announced. Digital Brand Architec...

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Wednesday, September 4, 2013

Demand Media Gets $225M Credit Facility

Santa Monica-based online publisher Demand Media said Tuesday afternoon that it has entered into a new, $225M credit facility, split between a $125M revolving credit facility and a $100M term loan. According to Demand Media, the new facilit...

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Tuesday, September 3, 2013

eGood Gets $3M In Seed Funding

Glendora-based eGood, a startup developing a social giving platform, said today that it has raised $3M in a seed funding round. The funding came from Wolfgang Buehler, and angel investor. According to eGood, it is using the funding to devel...

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Thursday, August 29, 2013

ServiceNow's Slootman Aligns With Pre-IPO Flash Storage Firm

Frank Slootman, the CEO of San Diego-based ServiceNow, headed up the software developer's very successful IPO last year. Now, a data storage provider, Pure Storage, is hoping to take advantage of Slootman's expertise for its own IPO. Pure S...

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Thursday, August 29, 2013

Retention Science Lands $750,000 More

Los Angeles-based Retention Science, the big data-focused analytics firm led by Jerry Jao, said this morning that it has raised $750,000 in a new funding round. The funding came from Forerunner Ventures, and comes on top of an earlier, $1.3...

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Tuesday, August 27, 2013

FilmTrack Gets $20M For Rights Management Software

Studio City-based FilmTrack, which develops software-as-a-service for managing rights and content management for the film, video, and television industry, has raised $20M in a funding round. The round came from Insight Venture Partners. Acc...

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Friday, August 23, 2013

Applied Proteomics Gets $28M For Molecular Diagnostics Tools

San Diego-based Applied Proteomics, which develops molecular diagnostics technology, said earlier this week that it has raised $28.0M in a Series C funding round. The company said the financing was led by Genting Berhad, and also included D...

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Wednesday, August 21, 2013

redIT Gets $72M Investment For Data Center Expansion

San Diego-based managed IT services provider redIT said Wednesday that it has raised $72M in a funding round. The company, which provides managed IT services, connectivity, and data centers spread between the southwestern U.S. and Mexico, s...

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Tuesday, August 20, 2013

Acutus Medical Closes Out Series B At $28M

San Diego-based minimally invasive, cardiac catheter developer Acutus Medical reported Tuesday that it has closed out its Series B funding at $28M. According to the company, the round was led by OrbiMed Advisors and GE Ventures, and also in...

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Tuesday, August 20, 2013

Morphlabs Gets $10M More For OpenStack Efforts

Manhattan Beach-based OpenStack systems developer Morphlabs announced this morning that it has raised $10M in a Series D funding round, bringing the company's total raised to $22.5M. According to Morphlabs, the round was led by Tallwood Man...

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Tuesday, August 20, 2013

Ivantis Adds $5M In Series B Funding

Irvine-based Ivantis, a developer of medical devices used to treat glaucoma, has raised $5M more in its Series B funding, the company said this morning. The company said the second close on its funding was led by EDBI of Singapore, and brin...

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Tuesday, August 20, 2013

DermTech Adds $5.6M For Skin Cancer Detection

San Diego-based DermTech, a biotechnology company which is developing technology for detecting skin cancer, has raised $5.6M in a Series B funding. The funding was led by Jacobs Investment COmpany, and also included other, un-named investor...

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Thursday, August 15, 2013

Kyriba Gains $18.2M More

San Diego-based Kyriba, which develops treasury management software, has raised $18.2M in a funding round. The funding came from both existing investors as well as new investor Daher Capital. According to the company, the new funding will g...

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Thursday, August 15, 2013

Seismic Finds $4.5M For Presentation Tools

Encinitas-based Seismic announced Thursday that it has raised $4.5M in a Series A funding round, to build out its cloud-based platform for enhancing proposals, sales decks, reports, and other materials. The startup said the funding was led ...

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Thursday, August 15, 2013

Tastemade Gets $10M More For YouTube Food Channels

Santa Monica-based YouTube food show producer Tastemade has raised $10M in new funding, the firm said Thursday, led by Raine Ventures and also including Redpoint Ventures. Tastemade is the producer of a number of online, Youtube food and co...

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Thursday, August 15, 2013

BlackLine Systems Gets Investment From Silver Lake Sumeru

Los Angeles-based BlackLine Systems, the developer of financial close software-as-a-service, has scored an investment from private equity firm Silver Lake Sumeru. Financial terms of the investment were not announced. According to BlackLin...

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Wednesday, August 14, 2013

NextSpace Expands Beyond California With New Funding, Chicago Acquisition

The coworking trend--which started in part in Southern California and its high tech startup ecosystem--looks to be spreading East, with news this week that NextSpace has raised $500,000 and acquired a Chicago company, to establish its first...

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Wednesday, August 14, 2013

StyleSaint Gets $4.3M More For Collaborative Fashion

Los Angeles-based fashion website StyleSaint has raised $4.3M more in a funding round, the company disclosed Wednesday, from General Catalyst Partners and e.Ventures. The startup, which was co-founded by venture capitalist Brian Garrett of ...

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Tuesday, August 13, 2013

AnsibleWorks Raises $6M For IT Automation Tools

Santa Barbara-based AnsibleWorks announced today that it has raised $6M in a Series A round, to go towards the company's open source, IT automation tools. The funding was led by Menlo Ventures. AnsibleWorks was founded by Michael DeHaan, an...

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Tuesday, August 13, 2013

Arkami Gets $1.8M For myIDkey

Aliso Viejo-based Arkami, the company behind the MyIDKey Kickstarter project which stores passwords and online IDs on a secure Bluetooth and USB drive, has raised $1.8M in a funding round, the firm said Tuesday. According to Arkami, the fun...

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Monday, August 12, 2013

Entangled Media Raises $3.5M For Younity

Santa Monica-based Entangled Media Corp., which is behind the younity personal cloud service, announced this morning that it has raised $3.545M in a seed funding round. The funding came from Crosslink Capital, Draper Associates, PROfounders...

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Monday, August 12, 2013

Western Digital Backs Tegile

Irvine-based disk drive maker Western Digital has made a strategic investment in hybrid storage array developer Tegile, as part of a $35M funding round. Tegile, which is based in Silicon Valley, said it raised $35M in its Series C from Meri...

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Monday, August 12, 2013

Marlin Equity Partners Buys 6N Systems

Los Angeles-based private equity investor Marlin Equity Partners announced this morning that it has acquired 6N Systems, a developer of financial and clinical software aimed at the long-term and post-acute care market. Financial details of ...

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Friday, August 9, 2013

Flixel Finds Funding From Tyra Banks' Fierce Capital

Flixel, a startup developing mobile photography software, has raised a round of investment from Fierce Capital, the investment arm of supermodel Tyra Banks. The company, which has offices in Los Angeles, said it is developing software which...

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Friday, August 9, 2013

M-Go Rolls Out On Vizio, Takes On Netflix

Culver City-based digital entertainment service provider M-GO--a joint venture of DreamWorks Animation and Technicolor--announced Thursday that its digital entertainment service has rolled out on Vizio smart TVs and Internet appliances, all...

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Thursday, August 8, 2013

SetPoint Medical Raises $27.0M

Valencia-based SetPoint Medical, a developer of biomedical products for treating inflammatory disease, announced today that it has raised $27M in a financing round. The new funding came from Covidien Ventures, Action Potential Venture Capit...

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Tuesday, August 6, 2013

LAUNCH Fund Looks To Invest $200K In Startups

The LAUNCH Fund, the angel investment fund of Los Angeles angel and entrepreneur Jason Calacanis, is looking to invest $200,000 in startups who present at two of the events being run by Calacanis over the next couple of months, according to...

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Tuesday, August 6, 2013

Freedom Meditech Raises $7M For Diabetes Monitoring

San Diego-based Freedom-Meditech, which is developing a medical device which measures blood sugar by monitoring a user's eyes, has raised $7M in a Series B funding round. The company said the funding comes from both new and returning invest...

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Monday, August 5, 2013

BioBeats Seeded With $650,000

Beverly Hills-based BioBeats, which develops healthcare apps which says it combines entertainment with healthcare, by generating music from your heartbeat, has raised $650,000 in a seed funding round. The company says it is developing mobil...

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Monday, August 5, 2013

MicroPower Technologies Finds $5.7M In Funding

San Diego-based MicroPower Technologies, which develops wireless, solar-powered surveillance hardware, has raised $5.7M in an equity funding, the firm said this morning. The funding came from Karmel Capital and others. The company said th...

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Thursday, August 1, 2013

LA Investor Backs Mobile App Developer Helping Taxis Fight Startups

There's been a lot of back and forth in the past few months between ridesharing and transportation startups like Uber, Lyft, and Sidecar, and local taxi companies--who are not happy at all that those companies are moving in on their turf. T...

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Thursday, August 1, 2013

Albumatic Raises $4.2M For Photo Sharing App

Los Angeles-based Albumatic, a developer of an iOS photo sharing application, has raised $4.2M in a funding round, the firm disclosed this week. The funding came from RRE Ventures, Thrive Capital, SV Angel, CrunchFund, Highline Venture Part...

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Wednesday, July 31, 2013

ZestFinance Raises $20M

Los Angeles-based ZestFinance, a developer of "big data" based software tools for credit scoring and underwriting, has raised $20M in a financing round, led by Peter Thiel. The round also includes Lightspeed Venture Partners, Matrix Partner...

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Wednesday, July 31, 2013

Zadara Storage Raises $3M From Toshiba

Irvine-based Zadara Storage, which develops cloud connected, block and file-based storage devices for the enterprise, has raised $3M in a funding round, the company said today. Zadara said the funding came from Toshiba America Electronics C...

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Wednesday, July 31, 2013

Trovagene Raises $15M In PIPE

San Diego-based molecular diagnostics developer Trovagene announced this morning that it has raised $15M in a registered direct offering of its common stock. The publicly held company, which trades on the NASDAQ as TROV, said the shares wer...

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Tuesday, July 30, 2013

Bottlenose Lands $3.6M For Social Media Analytics

Bottlenose, a brand new startup in social media analytics, has raised $3.6M in a Series A funding round. The company said the funding round was led by ff Venture Capital, and also included Lerer Ventures, Transmedia, Advancit, as well as ot...

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Monday, July 29, 2013

Domain Associates: Fifth Investment With Rusnano From $760M Fund

San Diego-based venture investor Domain Associates is reporting today that a fifth company in its portfolio--ReVision Optics--has received funding via its agreement with Rusnano, the Russian state's investment corporation. Revision optics a...

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Monday, July 29, 2013

ReVision Optics Gets $55M For Vision Treatments

Lake Forest-based Revision Optics announced this morning that it has raised $55M in a new equity funding, for the company's implantable corneal inlay treatment for presbyopia. The company said the funding included Canaan Partners, ProQuest ...

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Monday, July 29, 2013

aTyr Pharma Gets $10M In Venture Debt

San Diego-based aTyr Pharma, a developer of protein-based therapeutics, said today that it has raised $10M in a debt financing round. The funding came from Silicon Valley Bank. According to the company, the new funding will go towards clini...

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Friday, July 26, 2013

Meditope Biosciences Gets $3.6M For Cancer Treatments

Los Angeles-based Meditope Biosciences announced this morning that it has raised $3.6M in a Series A financing, to accelerate development of its antibody-based cancer products. The startup said the investment came from angel investors. Medi...

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Thursday, July 25, 2013

Molten Games Scores Funding From NCSOFT

San Diego-based online gaming startup Molten Games has raised a round of initial funding from NCSOFT, in a Series A round, the company said Wednesday. According to Molten Games, it received a multimillion dollar investment from NCSOFT, the ...

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Wednesday, July 24, 2013

CALIENT Technologies Gets $27 Million

Santa Barbara-based CALIENT Technologies said this morning that it has raised $27M in a round of venture funding, from both new and existing investors. Names of those investors were not announced. According to Calient, it will use the fundi...

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Tuesday, July 23, 2013

Insights and Opinions: Why You Need to Ring the Freaking Cash Register

Think that the only metric that matters nowdays is the number of users you have or downloads of your mobile app? Mark Suster, venture capitalist at Upfront Ventures, and a widely followed blogger, disagrees, in our latest Insights and Opi...

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Monday, July 22, 2013

ForwardMetrics Gets $1M In Seed Funding

Encinitas-based ForwardMetrics has just taken $1M in a seed funding round, to help companies better conduct their strategic planning. The startup said that the new funding round brings its total raised to $1.75M. ForwardMetrics, which is he...

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Monday, July 22, 2013

Calient Technologies Raises $12.22M For Optical Switching

Goleta-based photonic switch maker Calient Technologies has raised $12.22M in a funding round, according to numbers released in last week's MoneyTree report. No details on the funding round have been announced by Calient Technologies. The f...

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Monday, July 22, 2013

Topline Games Raises $25M

In the big-fundings-we-recently-missed category, Los Angeles-based Topline Game Labs recently announced that it has raised $25M in a funding round for its fantasy sports and social gaming marketplace. The funding came from Cantor Ventures, ...

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Friday, July 19, 2013

Netlist Raises $15M

Irvine-based Netlist, a publicly listed developer of memory for the cloud computing and storage market, announced Thursday that it has raised $15M in credit financing. The funding came from Fortress Investment Group. According to Netlist, i...

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Friday, July 19, 2013

Southern California Firms Get $587.0M In Venture Capital In Q2

The latest numbers from the MoneyTree survey came out this evening, tallying up $587.0M in venture capital investments in Q2 2013 across Southern California, spread across 80 deals. Those numbers reflected a drop from Q2 of last year, whe...

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Thursday, July 18, 2013

EdgeCast Gets $54M For Content Delivery Efforts

Santa Monica-based content delivery network EdgeCast has just filled up its warchest, announcing Thursday that it has raised $54M in a big funding round. The new funding was led by Performance Equity Management, and also included existing i...

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Thursday, July 18, 2013

EdgeCast Gets $54M For Content Delivery Efforts

Santa Monica-based content delivery network EdgeCast has just filled up its warchest, announcing Thursday that it has raised $54M in a big funding round. The new funding was led by Performance Equity Management, and also included existing i...

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Thursday, July 18, 2013

Lithera Brings New Funding To $27.3M

San Diego-based pharmaceuticals firm Lithera announced this morning that it has had a second close on a $27.3M, Series C funding round. According to the company, the second close adds $6.7M to the round. The funding came from RusnanoMedInve...

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Thursday, July 18, 2013

Yapert Raises $1.2M For Mobile Magazine

San Diego-based Yapert said this morning that it has raised $1.2M in a seed funding round, for its interactive mobile magazine. According to the firm, the funding was led by the Tech Coast Angels, and also included the Desert Angels, Pasa...

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Thursday, July 18, 2013

Core Innovation Capital's Quest To Find Finance Innovation, With Arjan Schutte

Los Angeles has recently become the hotbed for financial startups--from Green Dot, to Blackline Systems, to Wallaby and ZestCash. That increase in startups has not gone un-noticed. Thanks to that activity, a new, venture investor has moved ...

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Thursday, July 18, 2013

Tech Coast Angels Among Most Active Angel Groups

A new report today, from the Angel Resource Institute, Silicon Valley Bank, and CB Insights, has found that the Tech Coast Angels is again one of the most active angel investment groups in the country. The Tech Coast Angels were among a num...

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Thursday, July 18, 2013

Quarterly Co. Gains $1M In Funding

Hollywood-based Quarterly Co., the subscription-based gift delivery service, has raised $1M in new funding, the company announced today. The company said the funding brings its total raised to $2.2M. The new funding was led by True Ventur...

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Wednesday, July 17, 2013

Angel Group: New SEC Rules Could Kill Angel Investing

The Angel Capital Association, a group which represents angel investors, says this week that the changes in the final rules banning "general solicitation" of companies seeking investments from accredited investors, could "kill most angel in...

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Wednesday, July 17, 2013

eHarmony's Waldorf Backs Online Education Firm Grovo.com

Greg Waldorf, who was the founding investor in Los Angeles-based eHarmony, and was previously its CEO, is the lead investment in an online education firm's Series A. According to Grovo.com, a New York-based provider of Internet-based traini...

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Wednesday, July 17, 2013

On-Ramp Wireless Finds $15M In Series C

San Diego-based On-Ramp Wireless, which develops wireless technology used in the energy automation and M2M communications markets, has raised $15M in a Series C funding. According to the company, the new funding came from Enbridge, along wi...

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Tuesday, July 16, 2013

CyberFlow Analytics Raises $2M For Cyber Security Efforts

San Diego-based CyberFlow Analytics has raised $2M in a seed round of funding, to go towards its software for protecting corporate IP from corporate espionage and malware. The firm said the seed round of funding came from Toshiba America El...

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Tuesday, July 16, 2013

Mark43 Raises $1.95M From Launchpad LA, Others

In what might be the geographically furthest investment so far by Los Angeles startup accelerator Launchpad LA, the accelerator is one of the investors in a Boston-based startup tackling law enforcement information sharing software. Boston'...

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Tuesday, July 16, 2013

Quarterly Ups Funding To $2.2M

Hollywood-based gift delivery firm Quarterly has raised its funding up to $2.2M, according to a regulatory filing by the company. According to the filing, Quarterly has now raised $2.2M out of an ongoing $2.5M funding round. Quarterly has p...

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Tuesday, July 16, 2013

Core Innovation Capital Sets Up Shop In LA

In the latest positive move for the Los Angeles venture capital market, a new investor has moved into town, to take advantage of the area's growing startup market. According to Core Innovation Capital, it has moved its offices to Los Angele...

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Monday, July 15, 2013

Santa Barbara, San Diego Tops On Per-Capita Venture Capital

A new study released earlier this month has ranked the Santa Barbara-Santa Maria-Goleta metropolitan area, as well as the San Diego-Carlsbad-San Marcos metropolitan area among the top ten markets for venture capital activity. The report, fr...

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Monday, July 15, 2013

uSamp Gets $15M More For Market Research Tools

Encino-based sampling and online research firm uSamp announced this morning that it has raised $15M in a new round of funding. According to uSamp, the Series D round came from OpenView Venture Partners and DuPont Capital Management, and wil...

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Monday, July 15, 2013

Versant Ventures Names Mazzo Operating Partner

Newport Beach-based venture capital investor Versant Ventures has named former Advanced Medical Optics CEO Jim Mazzo as an Operating Partner. According to Versant Ventures, Mazzo will focus on patient needs, new technology advancements and ...

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Thursday, July 11, 2013

FreedomPop Gets $5M In New Funding For Free Phone, Wireless Service

FreedomPop, the Los Angeles-based provider of free mobile wireless and home broadband Internet service, has raised $5M more in funding, the company is announcing this morning. FreedomPop said it raised the additional, A1 funding from its ex...

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Wednesday, July 10, 2013

Ecinity Scores Funding Round

Los Angeles-based Ecinity, a developer of online, automated marketing software for the SMB market, has raised a round of funding from Siemer Ventures and others, according to details on investments released by Siemer Ventures yesterday. Eci...

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Wednesday, July 10, 2013

ViaCyte Snags $10.6M For Diabetes Treatments

San Diego-based ViaCyte, a developer of stem-cell based treaments for diabetes, has raised $10.6M. According to ViaCyte, the Series C-1 funding round came from existing investors Johnson & Johnson Development Corporation, Sanderling Venture...

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Tuesday, July 9, 2013

The IdeaLists Raises $1.7M For Creative Marketplace

The IdeaLists, a new startup which operates an online marketplace for creative talent, has raised $1.7M in a seed funding round. The funding came from Double M Capital, Pegasus Capital, Siemer Ventures, 500 Startups, Clark Landry, Paul Bric...

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Monday, July 8, 2013

Payoff.com Gets $4.5M More For Online Personal Finance Tools

Payoff.com, which operates an online service to help people better manage their financial goals and paying off debt, has raised $4.5M, part of an ongoing, $7.0M funding effort by the company, according to a regulatory filing. The startup, w...

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Monday, July 8, 2013

Zebit Gets $30M in Debt Funding For Expansion

San Diego-based Global Analytics, the operator of Zebit, a developer of lending and underwriting software, has raised $30M in a term debt facility, the company said Monday. The funding came from Crystal Financial LLC. According to the com...

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Monday, July 8, 2013

Predixion Software Snags $20M More For Predictive Analytics

San Juan Capistrano-based Predixion Software, the predictive analytics software firm headed by Simon Arkell, has raised $20M in a Series C financing, the company said this morning. The new funding came from Accenture and GE Ventures, two st...

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Wednesday, July 3, 2013

Engrade Gets $5M More For Education Management Tools

Santa Monica-based Engrade announced this morning that it has raised $5M in a Series B funding round, for the company's district-level education platform. The funding was led by Javelin Venture Partners, and also included Rethink Education,...

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Tuesday, July 2, 2013

Be Great Partners Boots Up $6M Accelerator Fund

Los Angeles-based Be Great Partners, one of the many startup incubators and accelerators now populating Los Angeles, said Tuesday that it has launched a new, $6M investment fund, which it intends to spread across 250 promising startups. The...

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Monday, July 1, 2013

MannKind Gets $160M In Debt Funding

Valancia-based MannKind, which provides discovery, development, and commercialization of therapeutics products, said Monday that it has received $160M in a debt financing round. The publicly traded firm said the funding came from affiliates...

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Monday, July 1, 2013

Cytori Gets $27M In Loan

San Diego-based Cytori Therapeutics announced this morning that it has entered into a $27M, term loan, from Oxford Finance Corporation and Silicon Valley Bank. The biotechnology developer, which is developing treatments for cardiovascular d...

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Thursday, June 27, 2013

Ranker Takes $2M For Expansion Efforts

Los Angeles-based Ranker, the online site which lets users rank, view, vote, and share their opinions on a wide range of topics, announced today that it has raised $2M in a follow on investment round. The starup, led by Clark Benson, said t...

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Thursday, June 27, 2013

Mark Suster: New, $200M Fund, and GRP's New Name, Upfront Ventures

Despite the increase in startup activity in Southern California, local venture capital funds are still few and far between, and a large chunk of the funding here is still from Sand Hill Road. However, one, longtime local fund--GRP Partners-...

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Thursday, June 27, 2013

GRP Partners Raises New $200M Fund, Becomes Upfront Ventures

Los Angeles-based venture capital investor GRP Partners announced this morning that it has raised a fourth fund, worth $200M, and also renamed the firm Upfront Ventures. The 17-year old firm, which also said it will open up a brand new home...

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Wednesday, June 26, 2013

EMN8 Raises $50M, Acquires Snapfinger

Los Angeles-based restaurant ordering systems developer EMN8 said this morning that it has acquired Snapfinger, a developer of remote ordering products for the casual dining industry. As part of the acquisition, EMN8 said it raised $50M in ...

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Wednesday, June 26, 2013

Metacloud Raises $10M For Private Cloud Service

Metacloud, a provider of managed, Openstack-based private cloud services, announced this morning that it has raised $10M in a Series A funding round. The round was led by Canaan Partners, and also included Storm Ventures and AME Cloud. The ...

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Wednesday, June 26, 2013

Qualcomm Backs Video Discovery Service Rockpack

San Diego-based Qualcomm is the lead investor in a newly launch, mobile video discovery startup called Rockpack, which just launched today. Rockpack said it is backed by Qualcomm Ventures and angel investors, including Richard Burston, Pasc...

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Tuesday, June 25, 2013

TheBouqs Gets $1.1M To Fix Online Flower Delivery

Tired of not getting what you expect--and paying more than you want--for online flower delivery?The Bouqs Company thinks that online flower delivery is broken, and that it has what it takes to reshape what consumers expect from online flowe...

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Tuesday, June 25, 2013

Lastline Finds $10M For Malware Defense Software

Santa Barbara-based Lastline has raised $10M in a funding round, to go towards the development of its malware defense software, the firm announced this morning. The new funding round was led by Redpoint Ventures and e.ventures, with Redpo...

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Tuesday, June 25, 2013

Acutus Medical Gets $21M For 3D Medical Imaging

San Diego-based Acutus Medical, a developer of medical devices used for 3D, cardiac chamber imaging, has raised $21M as part of a Series B financing, the firm announced this morning. The firm said the funding was led by OrbiMed, and also in...

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Monday, June 24, 2013

IVP: We Love LA, So We Invested In Snapchat

A lot of heads turned Monday after Venice-based Snapchat, the instant-photo messaging service known for its self destructing chats, announced a huge, $60M round at a huge valuation. Why did lead investor IVP invest in what most local invest...

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Monday, June 24, 2013

Report: Machinima Looking For A Mega Funding Round

Is Los Angeles-based YouTube network Machinima looking for a big round of funding? A report from AllThingsD says so, saying that Machinima is looking for an investment of more than $70M. Machinima has not said anything about its fundraising...

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Monday, June 24, 2013

Sonendo Finds $18M For Dental Technology

Laguna Hills-based Sonendo said Monday that it has raised $18M in a funding round, the second tranche of an equity financing announced last year. The firm, which develops technology used in root canal therapy, said the funding was led by Or...

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Monday, June 24, 2013

Snapchat Announces $60M Funding

Los Angeles-based Snapchat has officially announced its Series B funding, raising $60M in a round led by Institutional Venture Partners. The funding also included General Catalyst, Benchmark Capital, Lightspeed Venture Partners, and SV Ange...

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Friday, June 21, 2013

Aviir Finds $10M In Financing For Heart Risk Testing

Irvine-based Aviir has raised $10M more as part of a financing round, as part of a third tranche of funding. The firm develops heart risk testing technology, to help prevent cardiovascular disease. The firm said the funding came from Partne...

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Friday, June 21, 2013

Ayannah Raises New Funding

Ayannah, a provider of mobile payment and commerce services for unbanked consumers in emerging markets, has raised new funding, the company said Friday. The company, which has its U.S. headquarters in Laguna Hills, said the funding came fro...

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Friday, June 21, 2013

What's Trending Now Gets Funding For YouTube Channel

What's Trending Now, the popular YouTube channel hosted by Shira Lazar, has raised more than $1M in a funding round. The funding came from YouTube network operator Bedrocket Media Ventures. What's Trending Now is an online, live YouTube tal...

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Thursday, June 20, 2013

BitAngels Gets Quick Start, Funds First Deal

BitAngels, the brand new angel investment group co-founded by Michael Terpin, has just made its first investment--and is gearing up for more, the firm said Thursday. BitAngels said it just invested $100,000 into BlueSeed, a firm incubatin...

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Thursday, June 20, 2013

Banyan Biomarkers Gets $6M For Detecting Traumatic Brain Injury

Carlsbad, California- and Alachua, Florida-based Banyan Biomarkers has raised $6M in a Series A funding, to go towards development of a diagnostic test for traumatic brain injury (TBI). Source of the funding was not disclosed. Banyan Biomar...

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Wednesday, June 19, 2013

Gobbler Gains $500,000 More

Los Angeles-based Gobbler, the operator of an online backup and file storage service for creative projects, has raised $500,000 in a new round of funding, according to a regulatory filing by the firm today. Details on the funding have no...

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Wednesday, June 19, 2013

Fab.com Investment, Faith In Team, Pays Off For Baroda

Being a seed investor is a tough job--being early to a company doesn't necessarily mean you'll see a return--and it's usually a long road to see any reward. But, it looks like being a seed investor has paid off for at least one local invest...

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Wednesday, June 19, 2013

Vertos Medical Gets $23M for Spinal Treatments

Aliso Viejo-based Vertos Medical said today that it has raised $23M in a Series E financing round, to fund the company's expansion in the U.S. and launch in European markets. The firm, which develops a outpatient procedure for helping lumar...

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Wednesday, June 19, 2013

Combat Gent Scores $1.84M For Men's Fashion Startup

Need a good suit, and don't know where to go? A new, Los Angeles startup--Combat Gent--has just raised $1.84M to make finding a new suit as easy as a mouse click. The new startup said today that the funding came from MHS Capital, VegasTechF...

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Wednesday, June 19, 2013

ThousandEyes, Spawned At UCLA, Raises Funding From Sequoia

A new startup, which was created at the University of California, Los Angeles (UCLA), has just raised a first funding round from Sequoia Capital. ThousandEyes, created by two UCLA computer science Ph.D.'s, said it raised $5.5M today for its...

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Wednesday, June 19, 2013

Card Scanning Solutions Finds Funding

Culver City-based Card Scanning Solutions (CSSN), said today that it has raised a round of equity funding, from Insight Venture Partners, Red Oak Growth Partners, and Egis Capital Partners. Size of the funding round was not announced by the...

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Monday, June 17, 2013

Fullscreen Gets Funding For YouTube Network

Fullscreen, the online entertainment video site headed by George Strompolos, announced this morning that it has raised a round of Series A funding. Size of the funding was not announced. The round came from The Chernin Group along with Comc...

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Monday, June 17, 2013

Salka Finds Backing For Renewable Energy Effort

San Diego-based Salka Corp. said this morning that it has scored funding from a number of investors, to help invest in renewable energy projects. Salka said it will acquire, develop, and construct wind and solar projects throughout North Am...

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Thursday, June 13, 2013

Frost Venture Partners Snags OCTANe's Vasquez

Frost Venture Partners, the "big data" startup incubator started by DatAllegro's Stuart Frost, has just hired away Luis Vasquez, OCTANe's VP of Entrepreneurship and LaunchPad director, as its new Vice President of Investor Relations. Accord...

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Wednesday, June 12, 2013

Colorescience Lands $10M For Cosmetics

Carlsbad-based Colorescience, the aesthetic medicines business spun out of SkinMedica when that company was acquired by Allergan, has raised $10M in a Series A funding round today. The company said the funding came from its existing investo...

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Wednesday, June 12, 2013

Domain Associates Promotes Shah To Partner

San Diego-based biotech investment firm Domain Associates announced this morning that it has promoted Nimesh Shah to Partner at the firm. Shah has been at the firm since 2006. Shah sits on the boards of Zyga Technology, Benvenue Medical, Co...

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Tuesday, June 11, 2013

ChowNow Raises $1.19M More

Los Angeles-based mobile food ordering startup ChowNow has raised $1.19M more in an ongoing funding round, according to a regulatory filing by the firm last week. ChowNow is venture backed by Daher Capital, Double M Partners, GRP Partners, ...

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Friday, June 7, 2013

Cool Planet Raises $29.9M More On Way To $100M Round

Camarillo-based Cool Planet Energy Systems said Friday that it has raised $29.9M in funding, part of an ongoing, $100M Series D financing round. According to Cool Planet, the funds will go towards the construction of its first, commercial p...

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Friday, June 7, 2013

Report: Snapchat Raising $100M

Venice-based photo messaging service Snapchat is reportedly raising $100M in funding, at a valuation of half a billion dollars, according to a report Friday. Snapchat--which operates a mobile photo messaging service which is very popular wi...

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Thursday, June 6, 2013

NationBuilder Gets $8M More

Los Angeles-based NationBuilder, the developer of tools to help manage political campaigns, nonprofits, government, and business outreach, has raised $8M more in a funding round, the company said Thursday. According to NationBuilder, the fu...

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Thursday, June 6, 2013

Insights: How to Survive the Series A Crunch--From Someone Who Didn't

For today's Insights and Opinions article, we share the cautionary advice of Sean Pervical, the former founder/CEO of WittleBee, in How to Survive the Series A Crunch--From Someone Who Didn't. CEO/Founder's only jobs:1) Don't run ...

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Wednesday, June 5, 2013

Paige Craig Ventures Into Scripted

Los Angeles-based angel investor Paige Craig is one of the investors in Scripted.com, the online marketplace for freelance writers headed by Sunil Rajaraman. San Francisco-based Scripted.com announced a funding round yesterday, saying it ha...

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Wednesday, June 5, 2013

Science Raising New $30M Fund For LA Startups

Science, Inc., the startup incubator headed by former MySpace CEO Mike Jones, is reportedly raising another $30M in funding to put towards its startups. According to a report this morning, the fund will also invest in non-Science incubated ...

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Wednesday, June 5, 2013

Emerald Ocean Capital Launches New Venture Capital Fund, With A Twist

There's been a constant drumbeat from both local entrepreneurs and investors on the lack of venture capital sources in Southern California. So, anytime a new, Southern California venture capital investor shows up, technology entrepreneurs u...

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Tuesday, June 4, 2013

DAQRI Finds $15M For Augmented Reality Technology

Los Angeles-based Daqri, a developer of augmented reality technology, announced this morning that it has raised $15M in a private equity funding. The funding came from Tarsadia Investments. DAQRI said that Troy Carter, founder of the Atom F...

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Tuesday, June 4, 2013

Calacanis Starts Up New Venture Fund

Jason Calacanis is busy. Not only is he running his own technology conference, Launch, he's also making angel investments, and opening up his own coworking space, he's also created a new venture capital fund, the Launch Fund. According to a...

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Monday, June 3, 2013

Siemer Ventures Backs Southeast Asian Startup Incubator

Los Angeles-based technology investor Siemer Ventures has funded an investment firm in Southeast Asia, which is looking to invest in and create e-commerce and digital media companies in the Southeast Asia region. According to Ardent Capital...

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Monday, June 3, 2013

Arcturus Therapeutics Gets $1.3M

San Diego-based Arcturus Therapeutics, which is developing RNAi therapeutics to treat disease, said this morning that it has raised $1.3M in a seed fudning round. The company said the round came from multiple, high net-worth private investo...

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Friday, May 31, 2013

TenOneTen Invests In Weotta

Weotta, a Silicon Valley developer of an application to help users discover and find events and things happening locally, has raised a funding round from newly formed Los Angeles investment firm TenOneTen, which was founded by David Waxman ...

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Friday, May 31, 2013

RadPad Raises $200K, Expands To Austin

Los Angeles-based RadPad, an online service which helps consumers find a new apartment, has raised $200,000, and is expanding into a new market. The startup said it raised the funding from real estate company Post Investment Group. RadPad i...

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Thursday, May 30, 2013

TubeMogul Adds To Funding For Video Advertising

Online video advertising firm TubeMogul, which has operations in Los Angeles, said today that it has raised $10M in the second tranche of its Series C funding. According to TubeMogul, the funding was led by SingTel Innov8, and also included...

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Wednesday, May 29, 2013

Local Clean Energy Business Plan Contest Awards $160,000

A local, clean energy business plan competition started by the California Insitute of Technology (Caltech), the University of Southern California (USC), and the University of California, Los Angeles (UCLA) has awarded $160,000 in prizes in ...

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Wednesday, May 29, 2013

X1 Discovery Secures Backing From Investors

Pasadena-based X1 Discovery, the developer of enterprise e-discovery and search tools, has some new funding in hand, and has been ramping its efforts in the market. In a blog post Wednesday, CEO John Patzakis said that X1 hasd recently "enj...

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Wednesday, May 29, 2013

Numecent Lands $13.6M For Cloud Software Technology

Irvine-based Numecent has raised $13.6M in a funding round, the firm announced today, for its "cloudpaging" software, which helps deliver Microsoft Windows applications into the cloud. According to Numecent, the funding was led by T-Venture...

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Wednesday, May 29, 2013

Ad.ly Confirms Funding

Los Angeles-based social, celebrity advertising startup Adly confirmed the company's recent $2M funding round today, officially announcing the funding from GRP Partners and Siemer Ventures. Adly, which is led by Walter Delph, develops a soc...

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Friday, May 24, 2013

Ad.ly Finds $2M More

Los Angeles-based celebrity advertising firm Ad.ly disclosed Thursday that it has raised $2.0M more in funding, from GRP Partners and Siemer Ventures. Ad.ly helps match up celebrities with social media advertisers. CEO Walter Deph says that...

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Tuesday, May 21, 2013

Uncovet Gets $1.3M For Fashion Recommendations

Los Angeles-based Uncovet, the online fashion deals and discovery site backed by Science, Inc., said it has raised $1.3M this morning. The new funding came from Javelin Venture Partners, Siemer Ventures, and Paige Craig. Uncovet, which was ...

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Monday, May 20, 2013

Prevoty Gets $700K For Cross Site Scripting Security

Los Angeles-based Prevoty, a developer of security tools for preventing cross-site scripting (XSS), a security issue for websites, has raised $700,000 in seed funding, the firm disclosed today. The funding came from Plus Capital, MM Capital...

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Monday, May 20, 2013

Alteryx Gets $12M For Big Data Analysis Tools

Irvine-based Alteryx, a developer of "big data" analytics software, announced today that it has raised $12M more for its efforts. The new funding came from Toba Capital, the venture capital fund recently founded by Quest Software founder Vi...

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Monday, May 20, 2013

eFFECTOR Therapeutics Gets $45M For Cancer Treatments

San Diego-based eFFECTOR Therapeutics said today that it has raised $45M to go towards the development and invention of small molecule drugs, specifically aimed at treating cancer. According to the firm, the Series A investment included U.S...

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Friday, May 17, 2013

Privlo Raises $2.1M For Private Mortgage Marketplace

In some what-did-our-spam filter eat-recently funding news, Santa Monica-based Privlo recently raised $2.1M in a seed funding round, for its online marketplace for private mortgage loans. Privlo, which was founded by Michael Slavin, said ...

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Thursday, May 16, 2013

SnapMD Looks To Connect Health Care Providers, Patients Via Tablet, Smartphone

What's the best way to connect physicians with their patients? A new, Glendale-based startup, SnapMD, is hoping to do that through a smart phone, tablet, or your home PC, via a new service. The firm has just raised $175,000 in a seed fundin...

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Thursday, May 16, 2013

Active Life Scientific Snags $500K

Santa Barbara-based Active Life Scientific, a developer of life sciences research and diagnostics tools, said this morning that it has raised $500K in a Series A follow on investment. The funding came from members of the Tech Coast Angels. ...

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Wednesday, May 15, 2013

Insights: Raising Growth Capital

For today's Insights and Opinions section today, we tap into the wisdom of Ivan Nikkhoo, an experienced entrepreneur, investment banker and VC at Siemer & Associates, and who is an advisor to Siemer Ventures. Nikkhoo gives some insights i...

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Wednesday, May 15, 2013

Airware Gets $10.7M From Google, Andreessen For Unmanned Drone Technology

Looking to build your own unmanned aerial vehicle? A new, Newport Beach-based startup, Airware, has raised $10.7M to develop all of the infrastructure for buildling your own, commercial drone, from Andreessen Horowitz and Google Ventures. A...

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Wednesday, May 15, 2013

Skift Lands $1.1M for Travel Publishing

Skift, the online travel publishing site started by Rafat Ali--the founder of Paidcontent.org, which was based in Santa Monica--has raised $1.1M in a new funding round. The funding came from Lerer Ventures, along with Ironfire Angel, MESA+...

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Wednesday, May 15, 2013

Kite Pharma Raises $35M

Los Angeles-based Kite Pharma, a biotechnology company developing immunotherapies for cancer, said today that it has raised $35M in its Series A funding round. The firm said that the funding came from Alta Partners, David Bonderman, Pontifa...

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Tuesday, May 14, 2013

StyleHaul Adds Another $6M

Los Angeles-based fashion video producer StyleHaul, the YouTube network headed by Stephanie Horbaczewski, has raised another $6M in funding, the firm disclosed Tuesday. The funding came from RLG Group, a European media company. StyleHaul's ...

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Monday, May 13, 2013

Greentoe Lands Angel Funding

Los Angeles-based Greentoe.com, which operates an online marketplace which lets people name their own price for electronics and other items, has raised a round of angel funding, the firm said today. The funding came from Parker Thompson f...

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Friday, May 10, 2013

Inktank Gets $13.4M For Cloud Storage Technology

Los Angeles-based Inktank, the developer of the open source, massively parallel, distributed file system Ceph, has added $13.4M into its coffers, according to a regulatory filing by the firm Friday. The filing says the funding--in the form ...

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Friday, May 10, 2013

uParts Gets $2M To Revolutionize Auto Parts Business

uParts has a mission: revolutionize the auto parts procurement business. The Irvine-based startup also now has $2M in the bank to help it with that goal, announcing this morning that it has raised a Series A funding from GRP Partners, Fra...

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Friday, May 10, 2013

Amgen In Chinese Joint Venture

Thousand Oaks-based biotech giant Amgen said Thursday that it is in a joint venture with Chinese company Zhejiang Beta Pharma, to commercialize the firm's Vectibix (panitumumab) product in the Chinese market. Financial arrangements of the j...

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Thursday, May 9, 2013

OUYA Gets $15M For Open Video Game Console

Santa Monica-based OUYA--which is developing a low cost, video game console--said today that it has raised $15M in a funding round, led by Kleiner Perkins Caufield & Byers, and including Mayfield Fund, NVIDIA, Shasta Ventures, and Occam P...

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Thursday, May 9, 2013

CapLinked Adds Investors To Series A

Los Angeles-based business transactions and dealroom service CapLinked has rounded up some new investors today, saying that it has added additional investors in its Series A funding. The firm said it has brought its Series A up to $2.1M, an...

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Thursday, May 9, 2013

Yekra Raises $3M For Video On Demand Platform

Los Angeles-based Yektra announced this morning that it has raised $3M in a Series A funding round. Yekra says it is a digital entertainment distributor connected with an affiliate marketing system. The funding came from Maurice Gallagher, ...

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Wednesday, May 8, 2013

Midas List: Cornerstone OnDemand, Green Dot Help VCs

Forbes Magazine has released its latest Midas List, its listing of the top venture capitalists, and--once again--Southern California's venture capitalists have been shut out of the list. However, two, Southern California firms drove the inc...

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Wednesday, May 8, 2013

Chromatik Raises $5.7M For Music Software

Chromatik, the music software company which is revolutionizing sheet music, has raised $5.7M in funding, part of an ongoing $8.8M fundraising effort by the company, according to a regulatory filing by the firm. The Santa Monica startup, whi...

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Wednesday, May 8, 2013

Lumena Pharmaceuticals Gets $23M

San Diego-based Lumena Pharmaceuticals announce today that it has raised $23M in a Series A funding round, to go towards developing oral therapeutics for rare liver diseases. The funding came from Pappas Ventures, RiverVest Venture Partners...

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Tuesday, May 7, 2013

Viddy In Recap, To Return Some Funds, Says Report

A report Tuesday from AllthingsD says that once-hot Los Angeles startup Viddy is recapitalizing, and will return $18M of the $30M it raised a year ago. The report says that investors New Enterprise Associates, Khosla Ventures, and Goldman S...

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Tuesday, May 7, 2013

DFJ Frontier Bolsters Team With Media Vet

Los Angeles-based venture capital investment firm DFJ Frontier has significantly bolstered the company's team, saying Tuesday that it has added Merrill Brown--former founder of MSNBC--as a Venture Partner. DFJ Frontier said that Brown will ...

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Tuesday, May 7, 2013

TenFarms Gets $2.7M For Smartphone Advertising Software

Los Angeles-based TenFarms, the mobile application development startup headed by Nils Forsblom, announced this morning that it has raised $2.7M in an angel funding round, to launch a new mobile advertising product called Adtile to the marke...

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Monday, May 6, 2013

Panna Gets Funding From LA Investors For iPad Cooking Magazine

A number of Los Angeles investors are behind a first round of funding today for Panna, a developer of a video cooking magazine for the iPad and iPhone. Panna, which is based in New York, said it raised $1.35M in funding from Anthem Ventures...

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Monday, May 6, 2013

InstaMed Gets More Funding

Newport Beach- and Philadelphia-based InstaMed, which operates an online electronic payment clearinghouse for the healthcare industry, said today that it has raised an internal round of funding. Size of the round was not announced. The firm...

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Monday, May 6, 2013

Arrowhead Gets $36M In PIPE

Publicly held biotherapeutics developer Arrowhead Research said this morning that it has raised $36M in a private offering. The Pasadena-based company said the new financing was led by RA Capital, and included new investors Camber Capital, ...

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Thursday, May 2, 2013

How TenOneTen Ventures Is Investing In LA's Technology Future

Despite a growing technology industry here in Southern California, local investors and entrepreneurs tell us there's still a shortage of local, venture capital. In particular, funding for companies developing deep technology--software and...

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Wednesday, May 1, 2013

Qualcomm Backs Photo Technology Firm Pelican Imaging

San Diego-based Qualcomm has backed a developer of advanced photo and camera array technology, Pelican Imaging, with a strategic investment today. Pelican Imaging, which develops camera array technology for mobile phones, said it raised $20...

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Tuesday, April 30, 2013

Local Market Launch Scores $1.5M

Santa Barbara-based Local Market Launch, a new startup founded by former ValueClick founder Brian Coryat, said Tuesday that it has raised $1.5M in a Series A funding round. The round came from Rincon Venture Partners. According to Local M...

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Monday, April 29, 2013

Insights and Opinions: How to Raise Money When You’re Not in a Major VC Market

So you're not in San Francisco, Palo Alto, Los Angeles, New York, Boston, Seattle, or one of the other hot areas for venture capital--but you need to raise money. What do you do? In our Insights and Opinions section today, where we share th...

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Thursday, April 25, 2013

Topera Takes $25M More For Medical 3D Analysis System

In a bid to help bring its products to market, San Diego-based Topera Medical said Thursday that it has raised $25M in a Series C financing, which will go towards its 3D analysis and mapping system for treating atrial fibrillation. The new ...

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Thursday, April 25, 2013

Correlation Ventures Trumpets Investments, First Exit

San Diego- and Palo Alto-based venture capital investor Correlation Ventures said this week that it has so far funded eight companies in Q1, and had its first portfolio exit, at Virsto Software. The $165M venture capital fund said it now ha...

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Thursday, April 25, 2013

Moonfrye Gets $2.5M For Kids Activities

Los Angeles seems to be cementing itself in as the capital of celebrity and e-commerce, with the latest deal being Moonfrye, a new, "celebrity mom" startup featuring Soleil Moon Frye, best known to the rest of us as Punky Brewster. The new ...

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Thursday, April 25, 2013

EV Connect Gets Funding For Electric Vehicle Charging

Los Angeles-based EV Connect, a new startup which helps install, manage, and integrate electric vehicle charging stations for the commercial and government market, announced an initial round of funding this morning. Size of that funding was...

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Wednesday, April 24, 2013

Silverpop Lands $25M In Venture Debt For Email Marketing

Silverpop, an Atlanta-based email marketing automation provider which also has operations in Irvine, said today that it has raised $25M in a venture debt funding. The funding came from Escalate Capital Partners and Silicon Valley Bank. Silv...

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Tuesday, April 23, 2013

Nativo Gets $3.5M For Native Advertising Technology

Los Angeles-based Nativo, the online advertising technology firm led by Justin Choi, has raised $3.5M in a Series A funding round, the firm announced Tuesday. The funding was led by Greycroft Partners, and also included e.ventures and Signi...

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Tuesday, April 23, 2013

TenOneTen Ventures Emerges As SoCal's Newest Venture Capital Firm

Despite the level of venture capital activity in Southern California, the region--according to informal discussions with venture capitalists over the years--continues to suffer from a dearth of local, indigenous capital--at least, compared ...

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Tuesday, April 23, 2013

SRCH2 Raises Funding, Targets Enterprise Search

The world of search technology is constantly evolving, with new features like autosuggestion, "instant search", autocorrect, mobile support, and more constantly showing up in such services like Google. But, if you're not one of the giants i...

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Tuesday, April 23, 2013

MarketShare Finds $38M More

Los Angeles-based MarketShare, the developer of predictive analytics software for the marketing industry, has raised a big, $38M funding round, the firm said Monday. The funding was led by FTV Capital, and also included Elevation Partners a...

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Monday, April 22, 2013

GroundMetrics Gets $1.5M In Second Round

San Dieog-based GroundMetrics, which develops electromagnetic sensing technology for the oil, gas, mining, geothermal, and environmental market, said late Monday that it has raised $1.5M in a second round of financing. The new round was led...

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Monday, April 22, 2013

FastSpring Gets Funding From Pylon

FastSpring, the fast growing Santa Barbara-based e-commerce payment services provider headed by Dan Engel, said today it has scored a funding round from Pylon Capital, a Los Angeles-based investment firm. Size of the funding round was not d...

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Monday, April 22, 2013

Southern California Venture Investments See Big Drop In Q1

Venture capital investments saw a sharp drop in Q1 in Southern California, according to the latest venture numbers from the MoneyTree report. The report, released by PricewaterhouseCoopers and the National Venture Capital Association over...

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Monday, April 22, 2013

EdgeCast Raises $23.77M

Los Angeles-based content delivery network provider EdgeCast quietly raised $23.775M sometime in the last quarter, according to numbers released in the MoneyTree report over the weekend by PricewaterhouseCoopers and the National Venture Cap...

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Monday, April 22, 2013

Seechangehealth Gets $15.0M For Healthcare Plans and Technology

Studio City-based Seechangehealth has raised a $15.0M funding round, from Psilos Group and Maverick Capital for its health plans and technology geared around preventative care. The Series C investment was actually disclosed in January, but ...

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Friday, April 19, 2013

Saban Capital Opens Office In Singapore

Los Angeles-based media and communications investor Saban Capital Group announced Thursday that it has opened up an office in Singapore. The investment group--headed by Haim Saban, the head of Univision---said it has five investments in the...

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Thursday, April 18, 2013

Hollywood Insiders Back Social Shopping Site The Hunt

In a turn from the usual formula of Silicon Valley investors backing a Hollywood, celebrity-driven startup, a Silicon Valley startup has scored the backing of a group of Hollywood insiders. San Francisco-based The Hunt said this week that i...

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Wednesday, April 17, 2013

Music Mastermind Nabs $11.3M As It Launches Music Creation App

Calabasas-based Music Mastermind, the interactive entertainment firm headed by Matt Serletic, has raised $11.3M, as it has inked a deal with mobile games publisher Chillingo to publish a new music creation game called Zya. Music Mastermind ...

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Wednesday, April 17, 2013

Bitium Raises $2.4M

Venice Beach-based Bitium, a new startup out of LA's Amplify accelerator, announced this morning that it has raised $2.4M in a seed funding round. The new startup--founded by Scott Kriz and Erik Gustavson--said the funding was led by Mike H...

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Tuesday, April 16, 2013

Booker Raises $27.5M, As Irvine Office Grows

Booker, the developer of a cloud-based system for automating operations and marketing for small and medium sized businesses and others, has raised $27.5M in a funding round, the firm announced this morning. The company--which has a substa...

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Tuesday, April 16, 2013

Tech Coast Angels Number Two In Angel Investments Report

The Tech Coast Angels, Southern California's largest angel investment group, is ranked number two in the nation this year in terms of the number of deals the group did, according to the latest 2012 Halo Report. The report, a national survey...

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Friday, April 12, 2013

Southern California Accelerator Report Card: Q1 2013

There's been a lot of activity over the past two years in the Southern California accelerator/incubator market, with numerous groups (Amplify, EvoNexus, K5, LaunchpadLA, MediaCamp, Science, StartEngine, and many, many others) looking to he...

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Thursday, April 11, 2013

Local Corporation Gets $5M In PIPE

Irvine-based Local Corporation, the operator of the network of online, local directory websites, said today that it is in an agreement to raise $5M from The Tail Wind Fund Ltd. The firm said the funding will come in the form of convertible...

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Wednesday, April 10, 2013

Miramar, Okapi Back Healthcare Software Developer

Two, Orange County venture capital investors are behind a developer of socially-driven, healthcare software aimed at helping health plans encourage healthy activity by their members. Welltok said today that it has raised $18.7M in a Series ...

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Tuesday, April 9, 2013

Donuts Raises Series B For Domain Domination

Donuts Inc., the startup which is taking on the new, generic top-level domain name market, announced a new round of funding today, a Series B round. Size of the round was not disclosed. The firm, which has offices in Southern California a...

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Friday, April 5, 2013

Fullscreen Grabs $30M More For YouTube Network

Culver City-based Fullscreen, which operates a multi-channel youTube network, and is led by George Strompolos (formerly of YouTube/Google), has raised $30M in a new round of funding, according to reports today. The funding round reportedly ...

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Friday, April 5, 2013

VisibleBrands Scores $4.6M For In-Store, Digital Coupon Systems

VisibleBrands, a startup developing an in-store, digital promotions network which presents consumers with coupons which automatically show up at the checkout line, has raised $4.6M. The firm--which is based in Kirkland, Washington but also...

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Thursday, April 4, 2013

WhisperText Gets $3.0M

A stealthy, Santa Monica-based startup, WhisperText has raised $3.0 from what looks like a number of high profile investors. According to a regulatory filing from the company--which develops an iOS app that allows users to share their secre...

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Wednesday, April 3, 2013

EAT Club Finds Funding From Siemer Ventures, Brian Lee

Two, Southern California investors are part of a new funding round today for EAT Club, a startup which automatically delivers lunch to professionals' desks every day based on their preferences. EAT Club said it raised $5M in a Series A fund...

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Wednesday, April 3, 2013

Tealium Gets $15.6M In Third Funding Round

San Diego-based Tealium, the developer of tag management software headed by Ali Behnam, has raised $15.6M in a new, Series C funding, the company said this morning. According to Tealium, the new funding comes from Tenaya Capital, Battery Ve...

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Tuesday, April 2, 2013

DailyLook Uncovers $2.5M For Fast Fashion

Are you a fashion startup? It looks like Los Angeles has become the hotbed of new fashion and e-commerce startups, with the latest being DailyLook, which disclosed Tuesday that it has raised $2.5M in a funding round, from GRP Partners, RRE ...

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Tuesday, April 2, 2013

TakeLessons Sees Jump In Music Lesson Interest

Need to find a ukulele or blues harmonica teacher? San Diego-based TakeLessons, the online marketplace for music lessons, said that it is seeing a jump in interest in the firm's marketplace for online music lessons. The startup--which is ba...

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Tuesday, April 2, 2013

Algenetix Scores $2M For Renewable Fuels Technology

San Diego-based Algenetix, a startup, industrial biotechnology firm, announced this morning that it has raised $2.0M in a Series A-1 funding. The firm said it is developing technology which improves the oil productivity in microbes, for the...

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Tuesday, April 2, 2013

OneHealth Raises $9M For Patient Health Technology

Solana Beach-based OneHealth, a developer of technology-based patient health services, said today that it has raised $9M in a Series B funding round. The funding was led by Lemhi Ventures. OneHealth says it uses game mechanics, social netwo...

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Monday, April 1, 2013

Proximal Data Gets $2M For Caching Software

San Diego-based Proximal Data, which develops server-side caching software for accelerating I/O access to virtualized machines, said this morning that it has raised $2M in a Series B round of funding. The funding came from Divergent Venture...

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Thursday, March 28, 2013

Playdek Gets $3.8M For iOS Games

Playdek, a Carlsbad-based mobile game developer, disclosed Thursday that it has raised $3.8M in a Series A funding round. The round was led by Qualcomm Ventures, and also included IDG Ventures, ff Venture Capital, Deep Fork Capital, Greycro...

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Wednesday, March 27, 2013

eSolar Raises $12.8M

Idealab-based solar energy startup eSolar has just raised $12.8M in a new funding, part of an ongoing $30M funding for the company, according to a regulatory filing by the firm. The funding--which included at least two prior investors, incl...

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Tuesday, March 26, 2013

USC's Startup Accelerator Targets 10 Companies, Starts In May

More details on the University of Southern California's new Viterbi Startup Garage, the brand new startup accelerator being backed by the United Talent Agency and Kleiner, Perkins, Caufield & Byers, have emerged, with the school saying th...

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Tuesday, March 26, 2013

ZeaKal Raises $3.8M

San Diego-based ZeaKal, a plant sciences startup focused on developing technology to increase the yield and oil content of crops, said this morning that it has raised $3.8M in a Series A funding. The round was led by Finestere Ventures, Two...

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Tuesday, March 26, 2013

EmiSense Raises $6.5M

Ladera Ranch-based EmiSense Technologies, a developer of ceramics-based, particulate matter sensors for smog measurement, said today that it has raised $6.5M in a third round of funding. The funding was led by 9th Street Investments. Accord...

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Tuesday, March 26, 2013

EmiSense Raises $6.5M

Ladera Ranch-based EmiSense Technologies, a developer of ceramics-based, particulate matter sensors for smog measurement, said today that it has raised $6.5M in a third round of funding. The funding was led by 9th Street Investments. Accord...

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Thursday, March 21, 2013

Apmetrix Takes On Videogame Analytics

A new, San Diego-based startup, Apmetrix, said yesterday that it has launched a new, software-development kit aimed at providing analytics to videogame developers. Apmetrix said it is developing a real-time, game analytics platform aimed at...

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Wednesday, March 20, 2013

Greycroft Bolsters Los Angeles Team

In what can only be good news for local startups, venture capital investment firm Greycroft Partners said this morning that it has named Mark Terbeek as a new Partner in its Los Angeles office. Terbeek will help current LA partner Dana Sett...

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Wednesday, March 20, 2013

Tech Coast Angels, Rady Venture Fund Back Savara Pharmaceuticals

Two, Southern California investment groups have backed a developer of treatments for infections in cystic fibrosis patients, Savara Pharmaceuticals, they announced today. Both the Tech Coast Angels, Southern California's largest organized a...

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Tuesday, March 19, 2013

JMI Equity Re-Ups On AppNeta

San Diego-based private equity investor JMI Equity has put more capital into AppNeta, a Boston-based provider of cloud-based, IT performance management software. AppNeta said it raised $16M in a Series C, which was led by Bain Capital Ventu...

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Tuesday, March 19, 2013

Rexter Gets $1.5M To Put Contact Management On Steroids

Rexter, a brand new, Pasadena startup looking to put business contact management on steroids, said today that it has raised $1.5M in a seed funding round, which included local high profile technology executives Ted Meisel, Gil Elbaz, Sean...

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Monday, March 18, 2013

Divshot Raises $1.1M For Visual Web App Software

Need to build a web application, and wish you could do it in a more intuitive, visual way? Divshot, one of the startups out of Los Angeles startup accelerator Launchpad LA, said today that it has raised $1.1M in a seed financing round, for...

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Thursday, March 14, 2013

Domain Associates In Chinese Healthcare Venture

San Diego-based Domain Associates is thinking outside the box. The venture capital box, that is. The venture capital investor said Wednesday that it has linked with Chinese advisory firm Elite Consulting, to bring advanced healthcare produc...

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Thursday, March 14, 2013

Qualcomm Names Venture Investment Prize Winner

San Diego-based Qualcomm has named the winner of its annual, Qualcomm Ventures QPrize Venture Investment Competition, the company said this morning. Qualcomm said it has awarded $150,000 in convertible note funding to iOnRoad, and Israeli c...

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Wednesday, March 13, 2013

HG Data Lands $2M For Business Intelligence

Santa Barbara-based HG Data Company announced this morning that it has raised $2M in a funding round, for its cloud-based, business intelligence database service. The new startup said the funding was led by EPIC Ventures, and also include...

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Tuesday, March 12, 2013

William Morris Invests in Mobile Development Firm

Beverly Hills-based talent agency and entertainment giant William Morris Endeavor looks to be busy with investments this week. The firm as backed a mobile application development company, Chaotic Moon Studios, as part of a strategic partner...

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Tuesday, March 12, 2013

GRP Partners Adds HauteLook's Bettinelli

GRP Partners, the Los Angeles venture capital investment firm, said Tuesday morning that it has added former HauteLook CMO Greg Bettinelli as a Partner at the firm. Bettinelli was Chief Marketing Officer at HauteLook, having taken it form s...

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Tuesday, March 12, 2013

Western Digital Backs Skyera

Irvine-based disk drive maker Western Digital announced this morning that it has made a strategic investment in Skyera, a developer of enterprise, solid state storage systems. WD said it co-invested in the recent, $51M funding round annou...

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Monday, March 11, 2013

CAA, William Morris Back Online Video Education Site

Two, Hollywood heavyweights--the Creative Artists Agency (CAA) and William Morris Endeavor (WME)--are backing an online site which provides live workshops from experts. According to creativeLive, it has raised $8M in a funding round, which ...

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Monday, March 11, 2013

Auspex Pharmaceuticals Gets Debt Funding

San Diego-based biopharmaceuticals firm Auspex Pharmaceuticals has scored a new credit facility, from Square 1 Bank, the firms announced today. According to the firms, Auspex has received a term loan to supplement the firm's working capital...

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Monday, March 11, 2013

Fruit Grower Calavo Spins Out Technology Startup FreshRealm

In what might be one of the more unusual sources of funding for a startup, Santa Paula-based fruit grower Calavo Growers announced this morning that it has backed a new startup, FreshRealm, which will develop a new, cloud-based technology p...

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Friday, March 8, 2013

How Frost Venture Partners Is Incubating The Big Data Future

Stuart Frost is head of Frost Venture Partners (www.frostvp.com), and the founder of DatAllegro, which he started in Orange County and eventually sold to Microsoft for $275M in 2008. DatAllegro was one of the first companies in what is no...

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Thursday, March 7, 2013

Video Game Maker Pulls In More Than $1.9M On Kickstarter

Think you need to find a venture capitalist or angel investor to help you fund your great new idea for a videogame? Think again. A Newport Beach-based videogame publishing firm, inXile, has just raised $1.9M (and counting) in funding on t...

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Thursday, March 7, 2013

Visualnet.com Raises $1M For Film, TV Production Services Marketplace

Beverly Hills-based Visualnet.com, which operates an online marketplace for production services for the film, TV, and video production industry, said Thursday that it has raised $1M in a funding round. The company said the funding came from...

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Thursday, March 7, 2013

Qualcomm Backs 3D Scanning Startup Matterport

Qualcomm Ventures, the venture capital arm of San Diego-based communications chip maker Qualcomm, has made an investment in a developer of 3D scanning tools. Matterport said today that it has raised $5.6M in a Series A round, which was led ...

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Wednesday, March 6, 2013

Lindzon Backs Discoverly

Howard Lindzon, the San Diego angel investors who also heads up stock micro-messaging site StockTwits, has invested in another private company--Discoverly. Discoverly disclosed a seed round of funding worth $750,000 which included Salesforc...

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Wednesday, March 6, 2013

SharesPost Hooks Up With NASDAQ On Private Shares Market

SharesPost, the private company marketplace headed by Greg Brogger, which had been incubated and started in Santa Monica via Brighthouse, the startup incubator run by Brogger and Scott Painter, is in a joint venture with NASDAQ OMX, the two...

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Wednesday, March 6, 2013

Beats Electronics Gets $60M, Spins Out Daisy Streaming Music Service

Santa Monica-based Beats Audio, the headphone and audio equipment maker, has raised $60M in a funding round, to spin out its streaming music service 'Daisy', the firm said late Tuesday. The new funding was led by Len Blavatnik's Access Indu...

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Tuesday, March 5, 2013

Cheers Gains $2.5M To Spread Happiness, Joy

Is the world short in happiness and joy--and how can a mobile app change that? Los Angeles-based Cheers, the new startup from Bizrate founder Farhad Mohit, disclosed Tuesday afternoon that it has raised $2.5M in a Series A from investors to...

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Tuesday, March 5, 2013

Carolus Therapeutics Gets $2.25M In Debt Funding

San Diego-based Carolus Therapeutics, a developer of biopharmaceuticals aimed at treating acute and chronic inflammation, has scored $2.25M in a debt funding round, according to financing provider Square 1 Bank. According to Square 1, the n...

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Tuesday, March 5, 2013

Epoxy Tunes Into $2M to Enable YouTube, Video Publishing

One of the hottest sectors in Southern California's high tech world in the last couple of years has been video--namely, Internet video and content creation. With the rise of an increasingly large number of companies, producers, individuals,...

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Tuesday, March 5, 2013

FindTheBest Lands $11M For Comparison Engine

FindTheBest, the online comparison and research site headed by former DoubleClick founder Kevin O'Connor, said this morning that it has raised $11M in a Series B funding round. The round was led by New World Ventures, and also included Mo...

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Tuesday, March 5, 2013

Quorum Gets $11M From Former Quest CEO Vinny Smith's New Venture Firm

There's a new venture investor in town, thanks to Dell. Vinny Smith, the former CEO of Aliso Viejo-based Quest Software, appears to have become one of the most active investors in recent months in enterprise software, after starting up a ne...

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Monday, March 4, 2013

Amgen's Kevin Sharer Joins Healthcare Venture Capital Firm

Is Amgen the next source of the healthcare industry's venture capital deals? It might be, on news that Kevin Sharer, the former CEO of Thousand Oaks-based Amgen, has joined venture capital investment firm Foundation Medical Partners. Accor...

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Friday, March 1, 2013

OneRoof Energy Gets $100M In Funding

San Diego-based OneRoof Energy, which provides financing for solar power projects, said Thursday afternoon that it has raised $100M in new financing for residential solar projects. The funding comes from MS Solar Holdings, which is a subsid...

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Thursday, February 28, 2013

Ignyta Raises $1M In Venture Debt

San Diego-based personalized medicine developer Ignyta has raised $1M in funding, via a capital term loan from Silicon Valley Bank, the company disclosed this morning. The firm--which is focusing on treating rheumatoid arthritis (RA), lupus...

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Tuesday, February 26, 2013

OpenX Adds Japanese Investor

Los Angeles-based OpenX Software has a new investor, the firm said today, Japanese company cyber communications, inc. According to OpenX, cyber communications, which is a wholly owned subsidiary of Dentsu Inc., joined in providing additiona...

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Friday, February 22, 2013

Sanguine BioSciences Finds Seed Funding

Valencia-based Sanguine Biosciences, a startup developing a service around blood sample collection for research and development, said Thursday that it has closed on a seed financing round. Size of the round was not announced. The funding wa...

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Thursday, February 21, 2013

Investment Group of Santa Barbara Backs Mindflash

The Investment Group of Santa Barbara is the primary backer of a developer of online training software for corporations, which announced a funding round Thursday. Mindflash, a Silicon Valley-based developer of online software for learning m...

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Thursday, February 21, 2013

Xirrus Raises $10.1M More

Xirrus, the wireless hardware provider based in Thousand Oaks, has just raised $10.1M in a funding round, part of an ongoing $11.0M funding, according to a regulatory filing by the company. Details on the funding have not yet been announc...

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Thursday, February 21, 2013

Special Report: Who's Funding What, Really?

There's been a lot of talk about the boom in Southern California's startup world. Driven by success in the sector, accelerators, serial entrepreneurs, and more, there are more startups starting and relocating here than ever. However, local ...

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Wednesday, February 20, 2013

CROWDIMPACT LA Dangles $20K Prize For Social Enterprise Startups

Crowdfunder, the Los Angeles startup led by CHance Barnett, has launched another crowdfunding event aimed at the local industry, saying Wednesday that it has launched CROWDIMPACT LA, a pitching competition which will award $20,000 in a top ...

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Tuesday, February 19, 2013

Jeda Networks Takes On Storage Networks

Newport Beach-based Jeda Networks, a new startup in the storage networking arena, said today that it has unveiled its technology, with the backing of U.S. Venture Partners and Miramar Venture Partners. The firm said it is developing softwar...

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Tuesday, February 19, 2013

Aviir In Middle Eastern Distribution Deal

Irvine-based Aviir, a life sciences startup developing laboratory tests for cardiovascular disease, said today that it has signed a distribution and expansion pact covering 19 Middle Eastern and North African countries. Aviir said it has in...

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Friday, February 15, 2013

iPourIt Snags Series A Funding For Bartender-in-a-Box

Can you pour me another one? You'll soon be asking a machine that question--if Newport Beach-based iPourIt gets its way, thanks to technology which the firm has developed to let people get their own refills on beer. The local company announ...

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Friday, February 15, 2013

Science Inc. Gets $30M From Hearst

Science Inc., the technology startup incubator and studio headed by former MySpace CEO Michael Jones, has raised around $30M in funding from Hearst Ventures, the venture capital arm of Hearst Corporation, Hearst said this morning. Science I...

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Friday, February 15, 2013

BAROnova Gets $27.3M For Weight Loss Device

Goleta-based medical device developer BAROnova announced this morning that it has raised a big, $27.3M funding round to fund clinical trails for its weight loss device. The firm said the Series C funding was led by Sante Ventures and Boston...

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Wednesday, February 13, 2013

Warner Launches Startup Accelerator In Los Angeles

It looks like there's a new startup accelerator in town today: MediaCamp, an entertainment-focused startup acceleration program backed by Turner Broadcasting, a division of Warner Bros. Entertainment. According to Warner Bros., its Media Ca...

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Wednesday, February 13, 2013

VoiVoda Funds Mobile Optimization Firm Leanplum

Glendale-based startup incubator, accelerator, and investment fund VoiVoda is one of the investors in mobile optimization firm Leanplum, Leanplum said today. Leanplum announced it raised $825,000 in an angel funding round, which came from T...

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Wednesday, February 13, 2013

Cylance, Headed by Foundstone Vet, Secures $15M

Cylance, a new security startup based in Irvine, said this morning that it has raised $15M in a funding round. The round came from Khosla Ventures and Fairhaven Capital. Cylance is headed by Stuart McClure, a former McAfee executive, and bo...

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Wednesday, February 13, 2013

DriveCam Gets Investment From Volvo

San Diego-based DriveCam, the developer of driver monitoring systems for commercial automobile fleets, said this morning that it has received a strategic investment from Volvo Group. Financial details of the investment were not announced. A...

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Wednesday, February 13, 2013

Verve Mobile Lands $14M From Qualcomm, Others

Verve Mobile, a developer of location-based, mobile advertising services, said today that it has raised $14M in a Series C funding. The firm--which has an office in Carlsbad, but is based in New York--said that Qualcomm and Nokia are new in...

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Wednesday, February 13, 2013

MomentFeed Confirms Funding

Location-based analytics company MomentFeed, which is in Los Angeles, has confirmed the details of its funding round, saying that the $1.8M raised by the firm earlier this month came from existing investors Gold Hill Capital, DFJ Frontier, ...

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Tuesday, February 12, 2013

RightScale Lands $15.6M More

Santa Barbara-based RightScale, the developer of cloud computing management software headed by Michael Crandell, has raised $15.6M in a new round of funding, according to a regulatory filing by the company. Details on the funding have not y...

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Tuesday, February 12, 2013

Aviir Snags $10M In Second Tranche Financing

Irvine-based Aviir, a developer of cardiovascular disease testing technology, said today that it has raised $10M in a second financing tranche, after meeting a revenue milestone. According to Aviir, the round was led by Merck Global Health ...

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Monday, February 11, 2013

Snapchat Raises $13.5M

Venice Beach-based Snapchat, the developer of a popular mobile application which lets users take "self destructing" mobile photos of themselves that they can send to friends, has raised $13.5M in a Series A funding, according to multiple re...

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Friday, February 8, 2013

Glaukos Gets $30M For Glaucoma Treatments

Laguna Hills-based Glaukos, which is developing a medical device for treating glaucoma, said this week that it has raised $30M in a funding round. The Series F funding was led by Meritech Capital Partners, and also included Versant Ventures...

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Thursday, February 7, 2013

Health Data Vision Lands $2.8M For Medical Records Software

Health Data Vision, a new startup based in Burbank, said this week that it has raised a Series A funding round, to go towards its software-as-a-service platform for medical records analysis. Size of the funding was not announced, however,...

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Thursday, February 7, 2013

MyTime Snags Funding For Appointment Service

MyTime, which operates an online service focused on online deals for appointment-focused businesses like chiropractors, personal trainers, housekeeping, and more, has raised a round of funding to expand its service beyond Los Angeles. The r...

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Thursday, February 7, 2013

Club W Gets $3.1M For Wine Subscriptions

Los Angeles-based Club W, the subscription wine club service out of the Amplify accelerator in Venice, disclosed today that it has raised $3.1M in a Series A funding round. The round came from Crosscut Ventures, Guild Capital, Siemer Ventur...

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Thursday, February 7, 2013

FreedomPop Fuels Up Free Broadband With $4.3M In More Funding

FreedomPop, the provider of free, broadband Internet services backed by the founders of Skype, has just fueled up with some additional capital, saying this morning that it has raised $4.3M in a Series A1 round. The funding came from exist...

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Wednesday, February 6, 2013

EcoATM Nabs $40M In Funding, Plans Major Expansion

EcoATM, the developer of those automated machines which lets you cash in your used phones, has some big plans--and some big money--as it plans to expand out its network of machines nationwide. EcoATM announced late Wednesday afternoon that ...

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Wednesday, February 6, 2013

Sotera Wireless Finds $14.8M For Wireless Medical Monitoring

Sotera Wireless, the developer of medical devices for wirelessly monitoring patients, has raised $14.8M in a funding round, the firm said this morning. The funding round came from Safeguard Scientifics, and also included Delphi Ventures, Sa...

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Tuesday, February 5, 2013

LaunchpadLA Application Deadline Nears, As Class Graduates

Interested in getting some help in getting your startup off the ground and funded? Launchpad LA, the Los Angeles startup accelerator program which is run by Sam Teller, and was founded by venture capitalist Mark Suster, is gearing up for ...

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Tuesday, February 5, 2013

Siemer Ventures Backs Ribbon

Los Angeles-based Siemer Ventures, the venture capital investor led by Eric Manlunas and David SIemer, has been one of the most active local investors lately--and is continuing that trend, with the investment in Ribbon. Ribbon, the develope...

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Tuesday, February 5, 2013

Tapiture Gets $825K

How do you capture the interest of male users, and not only capture their eyeballs--but drive some e-commerce revenues? In the case of Tapiture, you create a Pinterest-inspired, visual, social discovery service which surfaces photos of me...

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Tuesday, February 5, 2013

JMI Equity Backs WhiteHat Security

San Diego-based private equity investor JMI Equity has backed a developer of website security tools this morning. WhiteHat Security, which is based in Santa Clara, said this morning it raised $31M in a new funding round, which will go towar...

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Monday, February 4, 2013

Competition Heats Up For DogVacay, As Rover Gains Funds

DogVacay, the online peer-to-peer marketplace which helps pet owners find dog sitters, has been one of the favorites of local Los Angeles investors, having picked up funding from such firms as Science Inc., Andreessen Horowitz, Baroda Ventu...

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Monday, February 4, 2013

Legend3D Gains $8M For 3D Effects

Legend3D a developer of 3D visual effects and 3D conversion technology, announced this morning that it has raised $8M in a Series B funding round. The Carlsbad-based company said that the funding was led by Augustus Ventures Limited and Nor...

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Friday, February 1, 2013

Ellie Jumps Into Activewear With $2M In Funding

Science, Inc., the startup incubator headed by Mike Jones, has just tossed its ring into the another e-commerce category: women's activewear. Science just launched Ellie, a site which offers up clothing for activewear for women, via subscri...

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Friday, February 1, 2013

MomentFeed Raises $1.7M More

MomentFeed, the developer of location-based analytics software headed by Rob Reed, has raised $1.75M in new funding, according to a regulatory filing from the firm Thursday. Details on the funding have yet to be announced. Santa Monica-base...

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Thursday, January 31, 2013

Glow Digital Media Raises $1.3M, Sets Up Shop In LA

Glow Digital Media, a developer of a Facebook advertising platform, said Thursday that it has raised $1.3M in a seed funding round, and set up its U.S. headquarters in Los Angeles. The UK-based company did not disclose the source of the fun...

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Thursday, January 31, 2013

TakeLessons Scores $4M More For Finding Music Lessons

San Diego-based Take Lessons, an online marketplace which helps people find local teachers for music and singing lessons, disclosed today that it has raised $4M in a Series A follow on funding. The funding was led by Triangle Peak Partners,...

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Thursday, January 31, 2013

TruTouch Technologies Ups Series B-1 To $4.3M

Riverside, California- and Albuquerque, New Mexico-based TruTouch Technologies, which develops biometric, alcohol detection systems, said today that it has raised $4.3M in its Series B-1 funding round. The funding came from iTulip Community...

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Thursday, January 31, 2013

Ivantis Gets $27M For Glaucoma Treatments

Ivantis, an Irvine-based developer of treatments for glaucoma, said today that it has raised $27.0M in a Series B funding round. According to Ivantis, the round was led by Ascension Health Ventures, and also included prior investors New Ent...

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Tuesday, January 29, 2013

DB Networks Gets $4.5M For Database Security

DB Networks, a developer of a firewall specifically designed to counteract SQL injection and database denial of service attacks on websites and web applications, has raised $4.5M in a funding round. The San Diego company said it raised the ...

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Monday, January 28, 2013

ChaCha Aims At Los Angeles Office With New Funding

ChaCha, which operates an online, human-powered questions and answer site, said today that it is planning a new office in Los Angeles, after scoring $14.0M in a funding round. The service, which is headquartered in Carmel, Indiana, already ...

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Monday, January 28, 2013

Qualcomm Funds Video Conferencing Firm

San Diego-based Qualcomm is the lead investor in a developer of cloud-based, HD video conferencing services. Zoom Video Communications, which is based in Santa Clara, California, said this morning that it has raised a Series A financing rou...

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Friday, January 25, 2013

Hulu Revives All My Children, One Life to Live

Fans of the once-cancelled soap operas "All My Children" and "One Life To Live" have a good reason to cheer today, as Hulu, the streaming video service based in Los Angeles, said it would bring the two soap operas to the service. Hulu said ...

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Thursday, January 24, 2013

CircuitHub, With Roots At UCLA, Launches Hub For Hardware Designers

A new startup looking to revolutionize the sharing of information on electronic parts for hardware designers, CircuitHub, launched today, looking to bring an open source, collaborative community to the sharing of electronic part libraries. ...

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Thursday, January 24, 2013

Gobbler Gets $1.5M More

Los Angeles-based Gobbler, the cloud-based media backup, file sharing, and collaboration software provider run by Chris Kantrowitz, has raised $1.5M in a funding round, the firm said today. The funding came from celebrities Ryan Tedder (One...

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Wednesday, January 23, 2013

OneRoof Energy Lands $30M From South Korean Investor

San Diego-based OneRoof Energy, an operator of residential solar finance programs, said Wednesday that it has raised an additional $30M in a funding round. The round came from current investor Hanwha Group, which is based in South Korea. A...

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Wednesday, January 23, 2013

ParkMe Gets New Funding Round

ParkMe, the startup provider of parking information and data founded by Sam Friedman and Alex Israel, announced this morning that it has raised a new round of funding, from Angeleno Group, Fontinalis Partners and IDG Ventures. As part of th...

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Tuesday, January 22, 2013

Siemer Ventures Backs Optimal

Los Angeles-based investor Siemer Ventures has backed social media advertising and analytics firm Optimal, Optimal said Monday. San Francisco-based Optimal said it raised $7M in a Series B funding, which included DoubleRock, The Social Inte...

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Tuesday, January 22, 2013

Kareo Raises $20.5M For Medical Billing Software

Irvine-based Kareo has raised $20.5M in a Series F funding, led by Stripes Group and also including Western Technology Investment. Kareo develops software that provides medical office for small practices. The firm has previously raised fund...

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Tuesday, January 22, 2013

Atlas Powered Gets $700K

Los Angeles-based Atlas Powered, a developer of software for managing calendar, task, and contact data on iOS and Android, has raised $700,000 in a funding round, the firm said today. The round was led by the Tech Coast Angels, and also inc...

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Tuesday, January 22, 2013

What Lynda.com Plans With Its $103M Funding, with Eric Robison

Last week, Carpinteria-based Lynda.com announced one of the biggest investments in the region in the last few years--a $103M, growth equity investment in the company, which came from Accel Partners and Spectrum Equity. The firm operates a...

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Friday, January 18, 2013

Local Startups Draw Far And Wide For Funding In Q4

If you're a Southern California startup, it's most likely you're going to find funding from local, Southern California startup funds, right? Maybe not. According to data from the latest PricewaterhouseCoopers/NVCA MoneyTree report, the fund...

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Friday, January 18, 2013

Calacanis Backs 15Five

Jason Calacanis, the Los Angeles angel investor, podcast host, speaker, conference organizer, and CEO of Mahalo, is one of the angel investors in employee feedback firm 15Five. 15Five, a San Francisco company developing an online platform t...

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Friday, January 18, 2013

Venture Numbers From Dow Jones Also Show Big Investment Drop

In the second set of venture capital numbers released today, Dow Jones VentureSource has released its tabulation of Q4 2012 venture capital financings, reporting similar numbers to those from PricewaterhouseCoopers, the National Venture Cap...

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Friday, January 18, 2013

Southern California Venture Deals Hit $683.7M in Q4 2012

The latest numbers from the PricewaterhouseCoopers/National Venture Capital Association MoneyTree report were released today, finding that a total of $683.7M was invested across Southern California in Q4 of 2012. That total was less than ...

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Thursday, January 17, 2013

Telcentris Gets $5.3M

Telcentris, the San Diego-based developer of unified communications app VoxOx, has raised $5.3M in a funding round, the firm announced Thursday evening. The funding came from SBD Global Fund. TelCentris develops both consumer and enterprise...

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Thursday, January 17, 2013

TVC Capital Backs Levels Beyond

San Diego-based TVC Capital, the growth equity investor which specializes in software companies, is the lead investor in a round of funding for Levels Beyond, the two announced today. Levels Beyond said it raised $4.5M in a Series A from TV...

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Thursday, January 17, 2013

OpenX Gets $22.5M More For Online Advertising

Pasadena-based advertising technology firm OpenX has raised $22.5M more in a round of funding, the company announced today, via a Series E funding round. The firm, headed by Tim Cadogan, said this morning that the new funding brings its t...

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Thursday, January 17, 2013

NextSpace Gets 825K

NextSpace, the co-working space developer which has locations in Culver City and Venice, announced this morning that it has raised $825,000 more in a funding round, to go towards expansion in Northern California. NextSpace is one of a numbe...

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Wednesday, January 16, 2013

GRP Adds Sam Rosen As EIR

Los Angeles-based venture firm GRP Partners announced Wednesday that it has hired a new, entrepreneur-in-residence for the company, Sam Rosen, who was formerly the founder of SpeakerGram in New York City, was involved in 500Startups in San ...

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Wednesday, January 16, 2013

Avalon Ventures Backs LoopIt

San Diego-based venture investment fund Avalon Ventures has made a seed investment in a developer of a social shopping service, LoopIt, according to the companies. Size of the funding was not announced. LoopIt is based in Cambridge, Mass., ...

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Wednesday, January 16, 2013

Redpoint Ventures Closes $400M Fund

Venture capital fund Redpoint Ventures, which has an outpost in Los Angeles, has some new cash in the bank, after announcing $400M in a new fund today, Redpoint V. The firm--which has investments in such local companies as Gravity, Chill, S...

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Wednesday, January 16, 2013

Siemer Ventures Gets First Exit, At CloudTrigger

Santa Monica-based Siemer Ventures, the venture investing arm of investment banking firm Siemer & Associates, reported yesterday that it saw the first exit in its portfolio recently, with the sale of company CloudTrigger. The fund also repo...

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Wednesday, January 16, 2013

PICS Auditing Lands $35M

PICS Auditing, a software-as-a-service developer which provides contractor screening and credentialing software, has raised $35M in a funding round, the firm sai dtoday. The minority funding came from Norwest Venture Partners. PICS said the...

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Wednesday, January 16, 2013

Lynda.com's Growth Trajectory: Revenues Doubled In Last 3 Years

The massive, $103M funding round for Carpinteria-based Lynda.com might have been a surprise for some, except perhaps readers of this publication, who over the years have gotten a glimpse of the growth rate of the company in recent years. ...

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Wednesday, January 16, 2013

MuckerLab Unveiling New Startup Class Today

MuckerLab, the Los Angeles startup accelerator headed by Erik Rannala, is presenting its newest startup class today in a Demo Day. The accelerator said that the demo day is a culmination of its latest three month program, which included ten...

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Wednesday, January 16, 2013

Lynda.com Inks Massive, $103M Funding Round

Lynda.com, the online video education provider which has been one of the region's most successful, bootstrapped companies--is no longer bootstrapped, after inking a massive, $103M growth equity round. Lynda.com said today that it has raised...

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Wednesday, January 16, 2013

ChowNow Raises $3M For Mobile Food Orders

ChowNow, a startup which provides social, mobile, and web-based online ordering for restaurants, said this morning that it has raised $3M in a Series A funding. The funding was led by GRP Partners, and also included Double M Capital, Daher ...

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Monday, January 14, 2013

NantHealth Raises $6.1M

NantHealth, the advanced, next-generation healthcare services startup which is part of NantWorks, the startup incubation effort of billionaire Dr. Patrick Soon-Shiong, has raised $6.1M in a funding round, according to a regulatory filing by...

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Monday, January 14, 2013

DFJ Frontier, Anthem Boost Janrain

Two local venture capital funds here in Southern California have backed Janrain, a developer of user management software tools used by websites to better manage registration and site visitors. According to Janrain, it has raised $33M in fun...

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Monday, January 14, 2013

Convertro Lands $5M For Ad Targeting

Convertro, the online advertising targeting and optimization technology developer headed by serial entrepreneur Jeff Zwelling, has raised $5M in a Series B funding round, the company said this morning. The firm said the funding came from Be...

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Monday, January 14, 2013

Tongal Raises $15M For Crowdsourced Video

Los Angeles-based Tongal, an online platform which helps brands crowdsource video for their advertising, said this morning that it has raised $15M in a Series B funding. The funding came from Insight Venture Partners. Tongal, which was foun...

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Thursday, January 10, 2013

Competition Gets Fierce For ParkMe, As Streetline Finds Funding

It looks like competition is heating up in the smart parking market--and for local parking technology firm Parkme, which is based in Santa Monica--as yet another company announced Thursday more funding for giving consumers real-time informa...

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Thursday, January 10, 2013

Beats Electronics Steals Topspin's Ian Rogers For New Music Service

Santa Monica-based Beats Electronics, the headphone and audio equipment maker co-founded by Dr. Dre and Interscope Geffen's Jimmy Iovine, has snagged high profile CEO Ian Rogers away from Topspin Media. Beats said today that it has named Ia...

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Thursday, January 10, 2013

YieldMetrics Harvests $1.7M For Ad Analytics

Online advertising firm YieldMetrics said Thursday morning that it has raised $1.7M in funding, which was led by GRP Partners, and also included Baroda Ventures, Bertelsmann Digital Media Investments, Daher Capital, Double M Capital, Karlin...

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Thursday, January 10, 2013

Sorteo Games Gets Investment

San Diego-based Sorteo Games, which develops electronic lottery systems and services, said this morning that it has received an investment round from Carolwood Games, an affiliate of Brener Group. Size of the funding was not disclosed. Bren...

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Tuesday, January 8, 2013

Auction.com Raises $91.7M (Update)

Irvine-based Auction.com, an online real estate marketplace focused on foreclosure sales and bank owned homes, has raised $91.7M in a private equity funding, according to a regulatory filing by the firm. The filing indicates the capital cam...

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Monday, January 7, 2013

Biotech Startup Licenses Technology From UCSD, Raises $18M

A new, biotech startup focused on delivery of nucleic acid therapeutics, Solstice Biologics, said last week that it has licensed technology developed at UC San Diego, and received $18M in a Series A funding. Solstice, which is based in San ...

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Monday, January 7, 2013

HeyZap Raises $4.3M From Qualcomm, Others

HeyZap, the developer of mobile applications used to connect people with social games and each other, has scored an investment from Qualcomm Ventures. According to a regulatory filing and multiple sources, HeyZap raised $4.3M in a funding r...

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Monday, January 7, 2013

PatientSafe Solutions Lands $20M

San Diego-based PatientSafe Solutions, a developer of mobile platforms used for running healthcare operations and accessing patient data, said today that it has raised $20M in a Series C funding round. The round was led by Merck Global Heal...

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Friday, January 4, 2013

LaunchpadLA Opens Spring Applications, Bumps Investment Dollars

Santa Monica-based startup accelerator LaunchpadLA has just opened up its spring 2013 class applications, and bumped the amount it invests in startups. The accelerator--run by Sam Teller--is one of a crop of startup accelerators which have ...

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Thursday, January 3, 2013

SolarFlare Raises $22M More

SolarFlare, the developer of high speed networking devices, has raised a new, big $22.0M funding round, according to a regulatory filing from the firm. According to the filing, the firm has raised $22.0M out of an ongoing $23.8M funding rou...

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Thursday, January 3, 2013

Cooley Attorneys Setting Up Venture Fund

Silicon Valley law firm Cooley LLP made some big waves in July with an expansion into "Silicon Beach" and a new office in Santa Monica. Today, a report says that a number of the firm's attorneys have created a new startup investment fund, t...

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Thursday, January 3, 2013

BioSurplus Gets $1.75M In Debt Financing

San Diego-based BioSurplus, a supplier of pre-owned scientific instruments and equipment, has raised $1.75M in a debt financing. The debt financing was announced over the holidays, and came from Square 1 Bank. Terms of the debt were not ann...

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Wednesday, January 2, 2013

Ignyta Lands $6M For Personalized Medicine

San Diego-based Ignyta has raised $6M in a Series B funding, the firm said over the holidays. The firm said the funding included $5.5M in a Series B equity funding and $500,000 in a capital term loan from Silicon Valley Bank. The first clos...

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Wednesday, January 2, 2013

Angel5 Highlights Top Angel Investors

If you're a startup, one of the popular ways to reach out to angel investors is through the site AngelList. However, it's often difficult to sort through the many angel investors and others on the site in a useful way. To solve that, Southe...

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Wednesday, January 2, 2013

Independa Raises $5M In Series A

San Diego-based Independa, the developer of electronics products and software to help seniors live independently longer, has raised $5M in its Series A funding round, the firm announced this morning. The firm said the funding came from City...

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Friday, December 28, 2012

What Mattered in 2012: Marc Averitt, Okapi Venture Capital

For the last week of the year, we're featuring the thoughts and reflections of some of the movers and shakers of Southern California's high tech community. We asked the same four questions of a variety of top technology entrepreneurs, inv...

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Thursday, December 27, 2012

Qualcomm Backs goBalto For Clinical Trials Software

San Diego-based Qualcomm Ventures, the venture capital arm of Qualcomm, has backed goBalto, a developer of clinical trial workflow software. goBalto said it raised $12M in a Series B funding, which was led by Singapore Economic Development ...

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Thursday, December 27, 2012

AwarePoint Receives $4.0M In Funding

San Diego-based AwarePoint has raised $4.0M, part of an ongoing, $10.4M funding round, according to a regulatory filing by the firm. The filing indicates the round is a convertible round for the company, and includes JAFCO Technology Partne...

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Friday, December 21, 2012

Sightly Sees $5.6M For Local Business Video

Temecula-based Sightly, a startup which helps local business create and market themselves with online video, said Friday that it has raised $5.6M in a funding round. The funding was led by Bright Capital Digital, and also included Foresight...

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Thursday, December 20, 2012

GoPro Gets $200M From FoxConn

GoPro, the maker of the very popular line of action sports cameras, has just received $200M from Apple iPod manufacturer FoxConn (Hon Hai Precision Industry Co., Ltd.), in a deal that values GoPro at $2.25 billion. GoPro--which has operatio...

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Thursday, December 20, 2012

Maker Studios Lands $36M More For YouTube Content

Culver City-based Maker Studios, which develops YouTube channels and content, said today that it has raised $36M in a funding round. The investment was led by Time Warner Investments, and also included Greycroft Partners, Downey Ventures (R...

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Thursday, December 20, 2012

MEI Pharma Gets $27.5M In PIPE

San Diego-based MEI Pharma, a publicly traded developer of oncology drugs, said today that it has completed a $27.5M private placement. The new funding was led by Vivo Ventures and New Leaf Venture Partners. MEI Pharma said the new funding ...

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Thursday, December 20, 2012

ACADIA Pharmaceuticals Get Research Funding

ACADIA Pharmaceuticals, which is developing treatments for central nervous system and neurological disease, said this morning that it has received funding from Fast Forward LLC, a nonprofit established by the National Multiple Sclerosis Soc...

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Wednesday, December 19, 2012

Domain Associates, Rusnano Boost Three Firms By $93M

San Diego-based venture capital firm Domain Associates and its Russian partner, Rusnano, have put part of their $760M, late stage investment fund to work, investing a total of $93M in funding in three portfolio companies of Domain. The two ...

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Wednesday, December 19, 2012

Tubular Labs Finds $2.5M More

Tubular Labs, the developer of analytics tools for YouTube networks--which is backed by a significant number of Los Angeles angel investors--has added another, $2.5M to its warchest in a new funding. The firm--which was seeded by Allen DeBe...

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Wednesday, December 19, 2012

Newport Media Gets $10M In Venture Debt

Lake Forest-based Newport Media, a developer of wireless semiconductors for the broadcast media industry, has received $10M in a venture loan, according to the firms providing the financing. The loan came from Horizon Technology Finance Cor...

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Tuesday, December 18, 2012

Tapiture Raises $450,000

Venice-based Tapiture, an online, male-focused site which bills itself a "Pinterest for Men", has raised $450,000 in what looks like a convertible debt funding. The funding came via an SEC filing. Tapiture has not yet announced the funding,...

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Friday, December 14, 2012

Helinet Aviation Buys Shotover, Gets Funding

Helinet, a provider of flight services to the entertainment, media, and other industries which is based in Van Nuys, said Thursday that it has acquired Shotover Camera Systems, a developer of a gyro-stablized, camera systems used for shooti...

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Wednesday, December 12, 2012

EvoNexus Opens Up New Applications For Incubator

EvoNexus, the San Diego-based startup incubator, has opened up application for its next program, with a deadline of January 23rd. EvoNexus, which is run by CommNexus, said it will provide fully furnished open space, mentorship, and access t...

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Wednesday, December 12, 2012

MiTu Network Finds Funding For Latino YouTube Network

MiTu, a Los Angeles-based YouTube network focused on Latino content, said today that it has closed a round of funding. The funding was led by The Chernin Group, and also included Allen DeBevoise of Machinima, Juan Cristobal Ferrer of Ferrer...

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Wednesday, December 12, 2012

ACADIA Pharmaceuticals Gets $86.4M In PIPE

San Diego-based biopharmaceuticals firm ACADIA Pharmaceuticals said today that it has raised $86.4M in a private placement. Source of the new funding was not announced. The firm said the new funds will go towards completing its Phase III pr...

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Wednesday, December 12, 2012

Enevate Gets $24M For Battery Technology

Irvine-based Enevate, a developer of rechargeable lithium ion batteries, has raised $24M in a Series B funding, the company said this morning. The round came from CEC Capital, Tsing Capital, and Presidio Ventures, along with prior investors...

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Tuesday, December 11, 2012

Farmigo Eyes LA Next With $8M For Local Food

Farmigo, a startup developing an online marketplace connecting local farmers with consumers, said Tuesday that it has raised $8M in a Series B funding, and is eyeing Los Angeles as one of its next markets. The startup--based in Palo Alto--d...

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Tuesday, December 11, 2012

One King's Lane Raises $50M

Online home furnishing retailer One King's Lane said today that it has raised $50M in a new funding, which brings its total raised to $117M. The e-commerce and flash sales operator--which has an office in Los Angeles--said the funding was l...

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Tuesday, December 11, 2012

SV Angel's David Lee Heads To LA

Yet another, Silicon Valley venture capitalist is headed to Los Angeles--this time, David Lee, co-founder and managing partner of prolific angel investment fund SV Angel. The move--first reported by PandoDaily's Sarah Lacy--apparently comes...

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Thursday, December 6, 2012

Avelas Biosciences Gains $7.65M For Tumor Visualization

San Diego-based Avelas Biosciences has raised $7.65M in a Series A funding round, which it says will go towards clinical studies for its technology for real-time tumor visualization. The funding came from Avalon Ventures. Avelas is developi...

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Thursday, December 6, 2012

Biomatrica Raises $5M

San Diego-based Biomatrica, a developer of technology for stabilizing DNA, RNA, and protein samples, has raised $5M in a funding round, the firm said today. Source of the new funding was not announced. Biomatrica develops ambient temperatur...

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Wednesday, December 5, 2012

LA's Ninjathat Exits Philly's Dreamit Ventures

One of the most recently graduates of the DreamIt Ventures accelerator in Philadelphia--which is holding its Demo Day today--is none other than Los Angeles company NinjaThat. The startup operates an online marketplace that allows businesses...

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Tuesday, December 4, 2012

Insights and Opinions: 5 "Don'ts" for Raising Startup Funds

What are some of the things you ought to avoid when raising money for your startup? David Ehrenberg or Early Growth Financial Services shares some in this article for our Insights and Opinions section this afternoon. Of course there ...

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Tuesday, December 4, 2012

Cleantech Investor SAIL Capital Adds EPA Expert

Irvine-based clean technology investor SAIL Capital has added a former US Environmental Protection Agency expert to its advisory board. SAIL said it has added Paul Anastas, Ph.D., the former Assistant Administrator of the US Environmental...

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Tuesday, December 4, 2012

Venture Backed Restaurant,The Melt, Expands Into LA

How often do you run into a top tier, Silicon Valley-backed grilled cheese sandwich shop in LA? Well, visitors to Hollywood's Sunset and Vine are about to see just that, with the expansion of The Melt, a Silicon Valley, venture-backed grill...

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Tuesday, December 4, 2012

ServiceNow's Slootman Backs ScaleIO

Frank Slootman, the CEO of San Diego's ServiceNow, has made an investment in a developer of data storage products. According to ScaleIO, a Palo Alto developer of software-defined storage products, it raised $12M in a funding round, which ca...

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Tuesday, December 4, 2012

Shopatron Gets $4M In Venture Debt Funding

Shopatron, the San Luis Obispo-based e-commerce software and services firm headed by Ed Stevens, has just scored $4M in a venture debt financing, according to venture debt fund Multiplier Capital. According to Multiplier, the funding will g...

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Friday, November 30, 2012

Calacanis Backs Red Tricycle

Prolific angel investor Jason Calacanis has backed the operator of an online service which provides parents with information about local activities, restaurants, stores, and more, Red Tricycle. Red Tricycle, which is based in Seattle, said ...

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Friday, November 30, 2012

Clearlight Partners Raises $300M Private Equity Fund

Newport Beach-based private equity investor Clearlight Partners has raised $300M in a new fund, Clearlight Partners III, according to a regulatory filing from the firm this week. The firm invests in mid-market, profitable companies. Clearli...

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Thursday, November 29, 2012

TranscribeMe Gets Funding From TCA, Maverick, Keiretsu

Three active angel investment groups--The Tech Coast Angels, the largest and most active angel investment group in Southern California; Maverick Angels, and Keiretsu Forum, have backed a developer of transcription services, TranscribeMe. Tr...

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Thursday, November 29, 2012

Qualcomm Backs Macheen

San Diego-based wireless technology giant Qualcomm has made a strategic investment in Macheen, a provider of services and technology to provide always-on, connected devices. Financial details of that strategic investment were not disclosed....

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Thursday, November 29, 2012

CardiAQ Gets $37.3M For Heart Valve Replacement

Irvine-based CardiAQ, which is developing medical devices used in percutaneous mitral heart valve replacement, said this morning that it has raised $37.3M in a Series B funding round. The funding was led by Orbimed, and also included Versa...

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Thursday, November 29, 2012

CapLinked Raises New Funding

CapLinked, the Los Angeles, cloud-based financial software firm founded by Eric M. Jackson and Christopher Grey, announced this morning that it has scored a new, Series A funding round, worth $1.6M. The firm said the funding brings its tota...

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Tuesday, November 27, 2012

AnyMeeting Hits 250,000 Users, Adds Funding

Web conferencing serivce AnyMeeting said today that it has reached over 250,000 registered users for its service, which is aimed at small businesses, and also added additional funding. The firm, which is based in Huntington Beach, said that...

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Tuesday, November 27, 2012

Fresh Dish Launches Dinner Delivery Service, Backed by Science

Don't know what to make for dinner? The latest startup out of Santa Monica-based technology incubator Science, Inc., Fresh Dish, launched this morning, saying that it will solve that problem, by providing meal delivery service to families e...

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Monday, November 26, 2012

Greycroft Partners Raises $175M For Third Venture Fund

One of the more active venture capital firms in Los Angeles, Greycroft Partners, said today that it has closed a $175M, third fund, Greycroft III. The venture firm said its LPs include JP Morgan, BlackRock Private Equity Partners, Fairview ...

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Friday, November 23, 2012

RingRevenue Gets $3.25M For Call Marketing Automation

Santa Barbara-based RingRevenue, which develops call marketing automation technology, said Wednesday that it has raised $3.25M in a funding round. The round was led by GRP Partners and Rincon Venture Partners. RingReveue said the new fundin...

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Tuesday, November 20, 2012

New Fund Targets Celebrities, Hollywood

It seems like combining Hollywood and venture capital is the rage in Silicon Valley this week, as news came Tuesday of a new, seed-stage venture capital fund--run by former Mashable blogger Ben Parr--looking to raise money from Hollywood ce...

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Tuesday, November 20, 2012

Silicon Valley Investor Lowercase Capital Names LA Chief

The latest, Silicon Valley venture capital investor trying to get into the Los Angeles technology market, Lowercase Capital, has decided to tap a former Creative Artist Agency executive to head up its efforts here. Lowercase Capital disclos...

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Tuesday, November 20, 2012

Cap That Turns Photos, Videos Into Products, Gets $2.3M

A new, Los Angeles startup is looking to help users take those videos on Viddy, as well as photos they've taken and shared on Instagram--and turn those into products such as t-shirts, decals, mugs, wall art, and more. Cap That said it just ...

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Tuesday, November 20, 2012

MabVax Raises $5.25M

San Diego-based MabVax Therapeutics, a developer of immunotherapies aimed at preventing recurrent cancer, said today that it has raised $5.25M in a funding round. The round was led by Numoda Capital Innovation, and also included Burrill Cap...

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Monday, November 19, 2012

Report: MySpace Raising $50M For Music Domination

A report this morning from Business Insider says that Irvine-based Specific Media, the parent company of MySpace, is seeking to raised $50M to turn MySpace into a "Spotify killer". The report says that Specific Media is hoping to re-launch ...

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Friday, November 16, 2012

ArtKive Raises $500K

The Kive Co., the mobile applications developer behind ARTKIVE, an app which helps parents save their kids' artwork, and turn that art into photo books or keepsakes, has raised $500,000 in a funding round, according to the company. The fund...

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Thursday, November 15, 2012

Chromatik Gets $1M To Modernize Sheet Music

Los Angeles-based Chromatik, a developer of iPad applications which replace traditional sheet music for musicians, has raised $1M in a funding round, the firm disclosed today. The funding came from musician Bruno Mars, Jeff Ayeroff of Virgi...

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Thursday, November 15, 2012

Postcard on the Run Broadens Focus, Forms On The Run Tech

Los Angeles-based Postcard on the Run, the mobile app developer founded by Josh Brooks, is broadening its focus today, saying it has formed a new, parent company called On The Run Tech. The company said the new company will specialize in bu...

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Thursday, November 15, 2012

Urban Remedy Raises $1M From Science Inc.

Urban Remedy, a new startup focused on delivering healthy juices, meal replacements, and snacks to consumers, has raised $1M in a funding round, the firm said today. The startup said the funding came from Santa Monica-based Science Inc., t...

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Wednesday, November 14, 2012

Base79 Gets Funding From The Chernin Group

Los Angeles investment firm The Chernin Group, the media holding and investment group founded by Peter Chernin, has made an investment in European online video company Base79. According to Base79, the strategic equity investment included bo...

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Wednesday, November 14, 2012

SolarReserve Raises $586M For South African Projects

Santa Monica-based solar energy project developer SolarReserve has raised $586M in a combination of equity and debt, for two South African projects, according to reports today. The funding came from FirstRank Bank Ltd, with equity from Kens...

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Tuesday, November 13, 2012

DogVacay Lands $6M In Series A

DogVacay, the online marketplace which lets pet owners connect with others to find dog boarding, has raised $6M in a Series A round, the firm announced this morning. The funding came from Benchmark Capital, and comes on top of earlier, seed...

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Tuesday, November 13, 2012

Consumer Brands Finds Funding

Aliso Viejo-based Consumer Brands, a company that acquires domain assets and brands and develops them as individual properties, said today that it has scored a "multi-million" dollar financing. The funding came from Black Diamond Ventures. ...

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Tuesday, November 13, 2012

Epic Sciences Gets $13M For Cancer Diagnostics

San Diego-based Epic Sciences, a firm developing cancer diagnostics technology, announced today that it has raised $13M in a Series B equity round. The round came from Domain Associates, Roche Venture Fund, and Pfizer Venture Investments, a...

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Monday, November 12, 2012

Insights and Opinions: A Primer On Anti-Dilution

For our Insights and Opinions section on a quiet holiday Monday, we're featuring some background on the concepts behind anti-dilution and how it's used by venture capital firms in fundings. This piece comes from Louis Wharton, Partner wit...

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Friday, November 9, 2012

The Chernin Group Gets Strategic Investment

Los Angeles-based The Chernin Group, the media holding company and investor led by Peter Chernin, said Thursday afternoon that it has received a "significant" equity investment from Qatar Holding LLC. Size of that investment was not disclos...

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Thursday, November 8, 2012

Silicon Valley VC's New LPs: Hollywood?

Looking for some funding for your new Menlo Park venture capital fund? Apparently, according to Variety, that source is increasingly Hollywood, and its stars and executives. In an article talking about where Hollywood's elite is putting its...

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Thursday, November 8, 2012

Munchery Takes On Pop-Up Pantry, Plans LA Expansion

A Silicon Valley startup is looking to take on Pop Up Pantry in its home market of Los Angeles, saying today that it has raised a funding round which will go towards expanding in Los Angeles, as well as Seattle and New York City. Munchery, ...

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Thursday, November 8, 2012

TVC Capital Backs Wellness Software Firm

San Diego's TVC Capital has made another investment in a growing software firm, this time in Washington State. Limeade, a developer of software-as-a-service tools to manage employee wellness programs, said today that it has raised $5M in a ...

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Thursday, November 8, 2012

Transonic Combustion Takes $32M For Fuel Injection Technology

Camarillo-based Transonic Combustion, which is developing high efficiency, fuel injection systems for internal combustion engines, said today that it has raised $32M in a Series D funding round. The firm said the round will go towards expan...

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Thursday, November 8, 2012

NuORDER Nabs $3M For Fashion E-Commerce

NuORDER, a developer of e-commerce software for fashion brands and retailers, has scored a round of funding led by GRP Partners, the company said this morning. The Los Angeles software provider said the $3M, Series A financing round was led...

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Thursday, November 8, 2012

Genoa Pharmaceuticals Finds $1.2M

San Diego-based biotechnology company Genoa Pharma announced this morning that it has raised $1.2M in a finacing round, to help advance its treatments for Idiopathic Pulmonary Fibrosis (IPF). Source of the seed funding was not announced. IP...

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Thursday, November 8, 2012

Auspex Pharmaceuticals Raises $25M For Phase 3 Trials

San Diego-based Auspex Pharmaceuticals announced this morning that it has raised $25M in a funding round, a Series D financing for the company. The round was led by Panorama Capital, and also included Thomas, McNerney & Partners, CMEA Capit...

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Thursday, November 8, 2012

Qualcomm Labs Unveils First Incubator Companies

Qualcomm Labs, the incubator subsidiary of Qualcomm Technologies, has announced the first set of companies funded through its new QualcommLabs@EvoNexus program today, saying that it has funded three companies with a round of seed funding. Q...

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Tuesday, November 6, 2012

BUMP Network Raises $2.3M

San Diego-based BUMP Network, a developer of online software used by membership programs to manage registrations and partnership programs, has raised $2.3M in a funding round, the firm said today. The funding round came from Eric Schmidt vi...

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Tuesday, November 6, 2012

Ambit Biosciences Gets $25M Tranche

San Diego-based Ambit Biosciences announced this morning that it has raised $25M in the first tranche of a $50M preferred stock financing. The round will go towards supporting its lead drug candidate. The round was led by Orbimed Advisors, ...

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Monday, November 5, 2012

RingRevenue Raises $3.25M

Santa Barbara-based RingRevenue has raised $3.25M in a Series B-2 funding round, according to a regulatory filing by the firm Monday. The company--which provides call tracking technology for the affiliate marketing industry--said in the fil...

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Monday, November 5, 2012

mSIGNIA Looks To Secure Mobile Devices

mSIGNIA, a developer of mobile security tools, has quietly been funded by the Tech Coast Angels and Gold Hill Capital, it was revealed by the TCA last week. mSIGNIA, which is based in Irvine, apparently islooking to help manage the identity...

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Friday, November 2, 2012

Nanoogo Gets Funding To Spur Creativity In Kids

Nanoogo, an online service focused on helping encourage creativity in kids, has scored a round of angel funding from the Tech Coast Angels, according to a report today from the group. Size and timing of the round was not announced. Nanoogo ...

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Friday, November 2, 2012

Tech Coast Angels Top Angel Group Investments In First Half

The Tech Coast Angels was the most active group in the first half of the year, in terms of investments, the group said Friday, citing a the HALO Report from Silicon Valley Bank, Angel Resource Institute and CB Insights. The Tech Coast Angel...

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Friday, November 2, 2012

Lowercase Capital Boots Up New LA Investment Fund

Another, Silicon Valley investor--Chris Sacca--has his eyes on investments in Los Angeles, saying that his super angel fund, Lowercase Capital, has just hired a full time director in Los Angeles to make investments in local startups. The ne...

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Thursday, November 1, 2012

Club W Doubles Down On Accelerators With Investment From 500Startups

Club W, the personalized wine subscription service at AmplifyLA, has doubled down with accelerators, and is part of a new class of startups announced by 500Startups earlier this week. 500Startups said that ClubW--founded by Xander Oxman, Ma...

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Thursday, November 1, 2012

Atara Biotherapeutics Gets Funding From Amgen, KPCB

Thousand Oaks-based Amgen and venture firm Kleiner Perkins Caufield & Byers have put their backing behind a new, Westlake Village based drug development firm, Atara Biotherapeutics, in an unusual spinout of technology from the biotech giant...

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Thursday, November 1, 2012

MINDBODY Raises $35M

San Luis Obispo-based MINDBODY has raised a big, $35M venture capital round this morning, led by Institutional Venture Partners (IVP), along with Catalyst Investors (Catalyst) and Bessemer Venture Partners (BVP). MINDBODY provides online, s...

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Thursday, November 1, 2012

Dollar Shave Club Gets $9.8M For Subscription Razor Service

Dollar Shave Club, the subscription razor delivery service headed by Michael Dubin, has raised $9.8M in a Series A funding. The round was led by Venrock, and also included Kleiner Perkins Caufield & Byers, Forerunner Ventures, Andreessen Ho...

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Wednesday, October 31, 2012

GRP Partners Hits $148.6M In New Fund, GRP IV

GRP Partners, the venture capital firm managed by Steven Dietz, Brian McLoughlin, Yves Sisteron, and Mark Suster, seems to be making good progress on its newest fund, GRP IV, according to a regulatory filing from the firm filed Wednesday. T...

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Wednesday, October 31, 2012

Insights and Opinions: Storytelling and Startup Fundraising

You've got your elevator pitch, but how much are you really engaging potential investors? For our Insights and Opinions section this morning, Steve Reich tells why it's as important to tell the whole story of your startup to close the deal ...

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Wednesday, October 31, 2012

Thesan Pharmaceuticals Raises $16M

San Diego-based Thesan Pharmaceuticals said today that it has raised $16M in a Series A round, for the firm's developing of treatments for dermatological disorders. The firm said the funding was co-led by Novo Ventures and Novartis Venture ...

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Tuesday, October 30, 2012

Rexter Finds Funding To Help Professionals Manage Relationships

A new, Altadena-based startup, Rexter, has scored some funding to help it build its software algorithms and tools to help manage a user's professional relationships. The company--co-founded by Andy Wilson (Momentum Venture Partners, Yahoo) ...

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Monday, October 29, 2012

Red 5 Studios Lands $15M More

Aliso Viejo-based videogame developer Red 5 Studios has just raised $15M in a debt funding round, according to a regulatory filing by the company. Details on the funding have not yet been announced by the company. Red 5 develops massively m...

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Monday, October 29, 2012

The Resumator Gets $2.1M From Rincon

Rincon Venture Partners, the Santa Barbara-based venture capital fund run by Jim Andelman, John Greathouse, and Brian Kelly, has led the investment in a developer of social recruiting software tools for companies, The Resumator. According t...

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Wednesday, October 24, 2012

Health Essentials Gets Backing From Bessemer, SV Life Sciences

Santa Ana-based Health Essentials, a provider of post-acute care for the frail and elderly, has scored a round of growth capital from two Silicon Valley venture investors. Health Essentials said it raised a round of funding from SV Life Sci...

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Wednesday, October 24, 2012

NantHealth Gets Funding From Verizon

Los Angeles-based NanHealth, the subsidiary of NantWorks, the incubator of LA billionaire Dr. Patrick Soon-Shiong, has scored an investment from Verizon Investments, the investment arm of Verizon Communications. Size of the funding was not ...

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Wednesday, October 24, 2012

Laffster Lands $750K

Venice, California-based comedy startup Laffster said this morning that it has raised $750,000 in a funding round, which came from Greylock Partners, Howard Lindzon, Adam Nash (LinkedIn), Chris Williams (Maker Studios), Samer Hamadeh (Vault...

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Wednesday, October 24, 2012

Report: Cool Planet Seeking $100M For Biofuel Plant

What's behind that report this morning by Cool Planet Energy Systems and progress on its ability to produce $1.50 per gallon gasoline from biofuels? According to a report from GigaOm this morning, an effort to raise $100M to build out its f...

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Wednesday, October 24, 2012

Tradesy Takes On Women's Clothing Resale, Gets $1.5M in Funding

Tradesy, a new website and mobile app developed by Recycled Bride's Tracy DiNunzio, is launching Wednesday, with $1.5M in funding from Rincon Venture Partners, 500 Startups, Dany Levy (DailyCandy), Daher Capital, Bee Partners, Double M Capi...

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Tuesday, October 23, 2012

Independa Gets $1M In Angel Funding

San Diego-based Independa, the provider of technology which helps to connect and remotely monitor seniors, to help them live independently longer, has raised $1M in an angel funding round. The funding was first publicly disclosed in a regul...

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Tuesday, October 23, 2012

TX Zhuo Talks About LA's Newest Venture Fund, Karlin Ventures

One of the biggest complaints that local entrepreneurs have with Los Angeles has been a dearth of local sources of venture capital. However, the recent surge in startup activity has attracted a lot more capital into the area, including a ...

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Friday, October 19, 2012

Hulu Investor Gets Big Gain As It Sells Stake Back To Hulu

Private equity firm Providence Equity Partners has sold its 10 percent stake in Hulu, the firm said Friday morning, getting a nice return on its investment in the online video streaming site. Providence Equity Partners had invested $100M in...

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Friday, October 19, 2012

Southern California Firms Get $694M In Q3 2012 Venture Funding

The latest numbers from the PricewaterhouseCoopers/National Venture Capital Association MoneyTree report finds that companies here in Southern California raised $695.4M in funding in Q3, up in terms of dollars from Q3 of last year, when $...

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Thursday, October 18, 2012

Qualcomm Keeps The Faith With Validity Sensors Investment

Qualcomm Ventures, the venture capital arm of Qualcomm, is keeping the faith in one of its portfolio companies, Validity Sensors, a developer of fingerprint sensors for the PC, mobile, and tablet market. Qualcomm was one of the return inves...

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Thursday, October 18, 2012

Avalon Ventures Backs Selectable Media

San Diego-based venture investor Avalon Ventures has backed a developer of video advertising products, Selectable Media, to the tune of $2M. Selectable Media, which is based in New York, lets users opt into branded video advertising in exch...

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Thursday, October 18, 2012

Cebix Gains $30.9M For Diabetes Treatments

La Jolla-based Cebix, a biopharmaceutcials company that is developing treatments for complications due to diabetes, said this week that it has raised $30.9M in a Series B investment round. The funding came from its existing investors, which...

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Thursday, October 18, 2012

Burner Lands Angel Round

Ad Hoc Labs, the developer behind the Burner mobile app, has just scored a round of angel funding. Size of the round was not disclosed. Burner is a mobile app which allows users to create disposable phone numbers, which they can hand out to...

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Tuesday, October 16, 2012

textPlus Lands $18M, Buys Jarvus

textPlus, the maker of the popular texting application by the same name, said today that it has raised $18M in a new funding round, led by The Raine Group. Prior investors Kleiner Perkins Caufield Byers, Matrix Partners and GRP Partners als...

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Tuesday, October 16, 2012

Patagonia Invests In AeonClad Coatings

Ventura, California-based outdoor clothing manufacturer Patagonia said Monday that it has made an investment in Teas-based AeonClad Coatings, a developer of water-repellent coatings and other specialty coatings technology. Financial details...

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Monday, October 15, 2012

Rustic Canyon Re-Ups On UrbanSitter

An online marketplace for babysitters, UrbanSitter has just scored new funding Los Angeles-based venture investor Rustic Canyon Partners, as part of a Series A funding, UrbanSitter said this morning. UrbanSitter said it raised $6M in a Seri...

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Monday, October 15, 2012

Lettuce Gets $2.1M In Seed Round

Lettuce, a developer of software to help manage order capture, inventory, and accounting for online businesses, has raised $2.1M in a seed funding round. Funding for the Santa Monica company came from Crosscut Ventures, 500 Startups, Launch...

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Thursday, October 11, 2012

RightCare Solutions Gets Funding From Domain Associates

San Diego-based healthcare investor Domain Associates has made an investment in a Philadelphia provider of hospital discharge planning and readmission management software this week, RightCare Solutions. RightCare said it has raised $1.72M ...

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Wednesday, October 10, 2012

New World Leads Big Investment In Data Center Technology Developer

New World Ventures, the venture capital arm of The Pritzker Group, is the lead investor in a big, $90M funding round for a developer of data center technology and services. Phoenix-based IO, which develops modular data center technology, sa...

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Wednesday, October 10, 2012

New World Leads Big Investment In Data Center Technology Developer

New World Ventures, the venture capital arm of The Pritzker Group, is the lead investor in a big, $90M funding round for a developer of data center technology and services. Phoenix-based IO, which develops modular data center technology, sa...

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Tuesday, October 9, 2012

LoneStar Heart Gets $20M For Heart Therapy

Laguna Hills-based LoneStar Heart, a firm developing cardiac restorative therapies for patients with heart failure, has raised $20M in a funding round, the firm revealed today, from Chinese investor Themes Investment Partners. The firm said...

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Tuesday, October 9, 2012

Flud Launches Social News Apps For Companies

What's the best way to share competitive intelligence and company announcements with your employees? Flud, a San Diego startup developing mobile apps to let teams privately share news with their co-workers and others in the company, recentl...

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Tuesday, October 9, 2012

Phillipine Angels Look To Follow Tech Coast Angels Model

A new, angel investment group based in the Phillipines is basing its effort on the model set by Southern California's Tech Coast Angels, according to a report today from Phillipine publication Sun.Star Cebu. Sun.Star said that a new group--...

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Tuesday, October 9, 2012

Anametrix Raises $4.4M

Anametrix, which develops cloud-based, digital analytics software, said today that it has raised $4.4M in a Series A funding round. The round came from San Diego's TVC Capital. According to Anametrix, the investment is the first out of TVC ...

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Monday, October 8, 2012

Insights and Opinions: Co-Marketing or Joint Venture?

As part of our Insights and Opinions section on our site, we regularly feature advice from entrepreneurs, investors, attorneys, and many others on a variety of topics of interest to high tech companies. Today, we have an article from Greg A...

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Monday, October 8, 2012

Virgin Galactic Takes Full Ownership Of JV

Mojave-based Virgin Galactic, the commercial spaceflight firm owned by Sir Richard Branson's Virgin Group, said late Friday that it has acquired 100 percent ownership of its sister company, The Spaceship Company (TSC). Virgin Galactic said ...

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Tuesday, October 2, 2012

Tubular Labs Gets $650K For YouTube Analytics

Tubular Labs, a stealth mode starting which is developing a marketing and analytics platform for YouTube channels, has raised $650,000 in a funding round, according to a regulatory filing from the firm today. The Silicon Valley firm is back...

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Tuesday, October 2, 2012

ShoeDazzle Raises $6.0M In New Funding

Santa Monica-based ShoeDazzle, the online e-commerce and celebrity site that is back in the hands of Brian Lee, and whose co-founders include Kim Kardashian, has raised $6.0M in a combination of equity and debt, according to a regulatory fi...

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Tuesday, October 2, 2012

NewAer Gets Funding From Intel

Los Angeles-based NewAer, a startup developing software which enables phones, tablets, and computers to automatically perform actions based on the proximity on who or what is nearby, has scored funding from Intel Capital, according to Intel...

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Tuesday, October 2, 2012

Calacanis Invests In DNS Provider Dyn

Angel investor Jason Calacanis has made another angel investment and scored another board seat this morning -- this time, all the way out in Manchester, New Hampshire. Calacanis, who lives in Santa Monica where he runs Mahalo, apparently ha...

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Tuesday, October 2, 2012

Gravity Gets $10.6M More For Real Time Personalization

Santa Monica startup, Gravity--headed by former MySpace COO Amit Kapur--announced this morning that it has raised $10.6M in a Series B financing round for its personalization technology. The funding was led by GRP Partners, and also include...

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Tuesday, October 2, 2012

Givit Gets $2.5M For Social Video App

San Diego-based Givit, which develops social video sharing applications and services, announced this morning that it has raised $2.5M in a funding round. The new round came from ATA Ventures and JK&B Capital. According to Givit, the funding...

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Tuesday, October 2, 2012

How TVC Aims At Acquisitions, Not IPOs, with Jeb Spencer

Southern California's technology community--despite all of the recent excitement around Silicon Beach--continues to be underserved in terms of capital, with a lack of venture capital funds (with money), and other private technology investor...

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Monday, October 1, 2012

Wheelz Expands In Los Angeles

Peer-to-peer car sharing service Wheelz has expanded into the Los Angeles, saying that it has added four college campuses in Los Angeles to its list of local schools where it lets students share their cars with others. According to Wheelz, ...

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Monday, October 1, 2012

Actv8 Gets $3.2M

Beverly Hills-based Actv8, a developer of mobile applications for Hollywood and the television industry, has raised $3.2M in a funding round, according to a recent regulatory filing by the firm. Source of the funding and details have not be...

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Monday, October 1, 2012

Transphorm Gets $35M More

Goleta-based Transphorm, the developer of power conversion technology being aimed at motors, power supplies, and solar power inverters, announced today that it has raised $35M in a Series E funding round. The round was led by Innovation Ne...

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Monday, October 1, 2012

JAKKS Pacific, NantWorks In Toy Joint Venture

Los Angeles-based NantWorks, the technology incubation and investment firm run by billionaire Patrick Soon-Shiong, and Malibu-based toy firm JAKKS Pacific announced this morning that the two are in a join venture to create anew company, Dre...

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Monday, October 1, 2012

FreedomPop Launches Free Wireless Internet Service

Los Angeles-based FreedomPop, a new startup backed by Mangrove Capital, DCM, and Atomico, said this morning that it has launched a beta of a free, wireless Internet service based off of Clearwire's 4G wireless network. The firm said it will...

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Friday, September 28, 2012

Few SoCal Investors In List Of VCs Using Social Media

Kred, a company which it tabulating social media influence, released its list of top venture capitalists this week, with only a single representative from Southern California: Mark Suster of GRP Ventures. Suster was the sole Southern Califo...

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Friday, September 28, 2012

Vital Therapies Raises $16M

San Diego-based Vital Therapies, a biotechnology firm focused on treatments for acute liver failure, said Thursday that it has raised $16M, part of a $76M mult-stage commitment to the firm by its investors. The firm said the funding will go...

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Thursday, September 27, 2012

Fisker Automotive Raises $103M More

Irvine-based electric car maker Fisker Automotive has just raised $103.7M as part of an ongoing, $150M funding round, according to a regulatory filing by the firm Wednesday. Details on the funding have yet to be announced by the company. Th...

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Thursday, September 27, 2012

Freedom Meditech Gets $2M In Credit Line

San Diego-based Freedom Meditech, a developer of opthalmic medical devices being used to detect disease and measure patient health, said Thursday that it has secured a $2M line of credit. The credit line came from Silicon Valley Bank. Terms...

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Thursday, September 27, 2012

Xirrus Ranks Two In WSJ Top Startups List

In a proof that it's not all social media and e-commerce here in Southern California, number two ranking startup in The Wall Street Journal's ranking of the "Top 50 Startups" is none other than wireless hardware provider Xirrus, based in Th...

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Wednesday, September 26, 2012

Xirrus Snags $23.5M For Wireless Networking

Thousand Oaks-based Xirrus, the developer of high speed, high performance wireless networking hardware, has raised another big chunk of financing, saying today that it has raised $23.5M in a Series E funding round. The round came from its e...

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Tuesday, September 25, 2012

Qualcomm QPrize Winner Gets New Funding

One of the companies recognized in Qualcomm's QPrize annual business plan competition has scored a series A funding, four years after being named a finalist in the Qualcomm effort. Singapore-based Capillary Technologies, a developer of mobi...

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Tuesday, September 25, 2012

Miramar Backs SwiftTest For IT Testing Tools

Corona del Mar-based venture investor Miramar Venture Partners has backed portfolio firm SwiftTest in its Series B funding, according to SwiftTest. SwiftTest said it raised $7.25M in its Series B, led by Azure Capital Partners, and also inc...

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Tuesday, September 25, 2012

SmartDrive Scores Venture Debt Financing

San Diego-based SmartDrive Systems, the developer of video-based, driver safety systems, has scored a venture debt financing, according to finance firm Wellington Financial. Size and terms of that debt financing were not announced. Wellingt...

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Tuesday, September 25, 2012

Deal Current Gets Backing From Private Equity Firm

DealCurrent, a developer of software used for managing local coupons and daily deals offers, has scored private equity funding from a private equity firm. Canal Partners, an Arizona private equity company, is funding Deal Current, to help t...

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Tuesday, September 25, 2012

Wedge Buster Gets $2.2M For Social, Mobile Sports Apps

Los Angeles-based Wedge Buster said this morning that it has launched its new, social sports gaming and mobile company, focused on developing a wide portfolio of sports games on both platforms. The firm said it has raised $2.2M in a Series ...

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Monday, September 24, 2012

Tribogenics Gets $6.2M

Marina Del Rey-based Tribogenics, the developer of X-ray technology being aimed at enabling handheld, ultra-miniature portable x-rays, has raised $6.2M in a Series A funding round, the firm said today. The round was led by the Founders Fund...

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Monday, September 24, 2012

PCN Finds $5.25M For Ethernet Networking Technology

San Diego-based PCN Technology, a developer of Ethernet and IP networking hardware, said this morning that it has raised $5.25M in a funding round. The firm said the round included its existing investors, executives, and board members, alon...

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Wednesday, September 19, 2012

Scopely Raises $8.5M

It looks like all that bacon paid off. Los Angeles-based Scopely, the startup co-founded by Eytan Elbaz, Eytan Elbaz, Walter Driver and Ankur Bulsara, which is developing social and mobile games, said this morning that it has raised $8.5M i...

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Wednesday, September 19, 2012

Skylight Healthcare Gets $5M For Interactive Healthcare

San Diego-based Skylight Healthcare Systems, a developer of interactive patient care systems, said today that it has raised $5.0M in a funding round. The Series D round came from Duchossois Capital Partners. Skylight said the funding will g...

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Wednesday, September 19, 2012

Aviir Diagnostic Laboratories Gets $8M In Debt Funding

Irvine-based Aviir, a developer of laboratory tests for detecting cardiovascular disease, said it has raised $8M in funding from Silicon Valley Bank. The firm said the round included $5M in growth debt, plus a $3M line of credit. The new fu...

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Wednesday, September 19, 2012

RGM Group Gets $21M For Online Advertising

Los Angeles-based RGM Group, which provides online media services for premium advertisers, said today that it has raised $21M in a funding round. The round came from Riordan, Lewis & Haden (RLH) Equity Partners. As part of the funding, the ...

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Monday, September 17, 2012

JMI Equity Re-Ups On BigMachines

BigMachines, a developer of cloud-based software for product configuration, pricing, quoting, and proposals, has scored funding from San Diego private quity investor JMI Equity. Financial details of the new funding were not disclosed. The f...

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Thursday, September 13, 2012

Response Genetics Gets $8.8 Million in Private Placement

Los Angeles-based Response Genetics, a publicly held provider of molecular diagnostic testing services for cancer, announced this morning that it has raised $8.8M in a private placement of its stock. The new funding came from GlaxoSmithKli...

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Wednesday, September 12, 2012

GlySens Scores Funding For Glucose Monitoring Devices

San Diego-based GlySens, a startup developing implantable, long-term glucose monitoring sensors, has scored an investment round, according to investor West Health Investment Fund. Financial terms of the investment were not disclosed. La Jol...

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Wednesday, September 12, 2012

TVC Capital Closes $75M Fund

San Diego-based private equity firm TVC Capital, which is led by Jeb Spencer and Steven Hamerslag, has closed on a new, $75M growth equity and buyout fund, the firms said today. The new fund, TVC Capital II came from private equity fund of ...

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Tuesday, September 11, 2012

Exagen Diagnostics Finds $5.3M

Exagen Diagnostics, a venture-backed developer of molecular diagnostics testing which operates its main laboratory in Vista, California, said it has raised $5.3M. The funding was led by Tullis Health Invesotrs, and also included Sun Mountai...

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Tuesday, September 11, 2012

Inktank Gets $1M For Storage Software

Los Angeles-based Inktank, the open source software firm developing the distributed storage system Ceph, said this morning that it has raised $1M in a convertible note financing. The financing came from Mark Shuttleworth, who founded Canoni...

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Thursday, September 6, 2012

Insights and Opinions: They Just Didn't Get It: VC Rejection

How do you handle it when a venture capitalist rejects your pitch? Steve Reich, a Southern California angel investor, tells the story of how one startup handle dit, and gives some advice. A billion dollar established market. Incumbent...

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Thursday, September 6, 2012

Active Storage Raises $1.2M

Torrance-based storage developer Active Storage, which develops Mac- and media-oriented storage arrays, has raised $1.2M in a funding round, according to a regulatory filing by the firm this week. Details of the funding--which looks to be a...

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Thursday, September 6, 2012

Wellington Financial Closes $177.5M Venture Debt Fund

Wellington Financial, a provider of venture debt and growth capital to high tech startups and other companies, said yesterday that it has closed on a $177.5M, fourth fund. Wellington is based in Canada, but has its U.S. offices in Santa Mon...

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Wednesday, September 5, 2012

BUZZMEDIA Links With Suri's Burn Book

Los Angeles-based online celebrity media publisher BUZZMEDIA said Wednesday that it has linked with Suri's Burn Book, an online Tumblr blog focused on celebrity children and fashion mishaps. Financial details of the joint venture were not d...

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Tuesday, September 4, 2012

FaceCake Gets Funding For Virtual Dressing Rooms

Calabasas-based FaceCake Marketing Technologies, a developer of 3-D, virtual dressing room technology, has raised a round of funding from XG Ventures, a Silicon Valley venture firm whose founders are former Google execs. Amount of the fundi...

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Tuesday, September 4, 2012

POP Charger Gets $139K In Crowdfunded Project

The POP Charger project on Kickstarter, the electronics charging device being developed by local serial entrepreneur Jamie Siminoff, closed out its funding effort on Kickstarter over the weekend, raising a total of $139,170 out of a $50,000...

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Friday, August 31, 2012

Avalon Ventures Raises $201.6M As Part Of $250M Venture Fund

In what is a rarity nowadays for a Southern California venture capital fund, San Diego- and Cambridge-based venture capital firm Avalon Ventures has just closed on $201.6M in commitments for a $250M fund, Avalon Ventures X. The funding was ...

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Friday, August 31, 2012

Qualcomm Invests $100K In MightyText

MightyText, a Silicon Valley startup which develops Android applications to let users send SMS messages from their computer via the cloud, and syncs those messages between an Android phone and computer, has scored $100,000 from San Diego's ...

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Thursday, August 30, 2012

Wallaby Raises $1.1M For Smart Credit Card

Pasadena-based Wallaby, the digital wallet startup out of MuckerLab, has scored $1.1M in a funding round, the company announced this morning. The firm--which is led by Matthew Goldman--said the funding came from the Founders Fund Angel and ...

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Wednesday, August 29, 2012

Kidworth Becomes Bizinate, Gets Funding, Expands To Older Users

Los Angeles-based Kidworth, the online service which makes it easy for kids to offer their services and start a business, said today that it has renamed itself Bizinate. The firm said the name change came as it found that entrepreneurs of a...

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Monday, August 27, 2012

Winklevoss Twins Set Up Shop In LA

Who are the latest folks looking to connecting into the Los Angeles technology scene? No other than the Winklevoss Twins, Cameron and Tyler Winklevoss, according to a report from TMZ today, which said the two have purchased a house in the H...

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Monday, August 27, 2012

Nasty Gal Gets $40M For Women's Fashion Site

Los Angeles-based vintage fashions firm Nasty Gal has raised $40M in a funding round, from sole investor Index Ventures, the firm disclosed over the weekend. According to Forbes, the company, headed by Sophia Amoruso, is set to hit $128M in...

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Friday, August 24, 2012

Los Angeles, San Diego Among Top 10 Cities For Startups

A list of the top ten cities for startups was released by USA Today and the National Venture Capital Association today, naming both Los Angeles and San Diego among the best cities for startup companies. Los Angeles was ranked number 4, and ...

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Thursday, August 23, 2012

Clearstone Re-Ups On Biometrics Firm AOptix

Santa Monica-based venture capital investor Clearstone Ventures has re-upped in a developer of biometric identity verification technology. Campbell, California-based AOptix announced a $42M, Series E funding round today, which came from Cle...

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Thursday, August 23, 2012

MYMUSAIC Gets Funding, Launches Online Photo Slideshow Service

Los Angeles-based MYMUSAIC, a new startup, said this morning that it has just closed an angel funding round, and launched an online software service to turn photos and music into movies. The startup did not provide details on its angel roun...

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Wednesday, August 22, 2012

My Damn Channel Raises $1.0M

Los Angeles-based My Damn Channel, the online comedy site headed by Rob Barnett and Warren Chao, has raised $1.0M as part of an ongoing, $3.0M funding round, according to a regulatory filing from the firm. Details on the new funding have no...

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Wednesday, August 22, 2012

Fuhu Finds Funding For Android Tablet For Kids

El Segundo-based Fuhu, which is developing an Android tablet specifically aimed at kids, has raised $10M in venture debt. The funding was announced by venture debt provider ORIX Ventures. Fuhu develops the nabi tablet, which it says is spec...

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Wednesday, August 22, 2012

MaxLinear Cashes Out Venture Capital Investors

In an unusual move, Carlsbad-based MaxLinear said today that it has reached a private deal to repurchase a significant number of its shares from its venture capital investors. The publicly held firm said it will repurchase 1.65M shares of i...

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Tuesday, August 21, 2012

Insights and Opinions: How We Raised Our First $100K

Think fundraising for your startup is easy? Think you just pitch investors, and get a check? Think again. Miron Lulic, one of the co-founders of Swagsy learned all about the difficulties of getting angels and investors to invest in your fir...

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Tuesday, August 21, 2012

Swagsy Raises $100K

Swagsy, an online, celebrity-focused service which it tying together celebrities and e-commerce, has raised $100,000, in a convertible note, angel funding round. Name of the investor was not disclosed. The Los Angeles startup was founded by...

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Tuesday, August 21, 2012

OCTANe LaunchPad Firms Raise More Than $25M

OCTANe, the Orange County-based organization helping to bolster the high tech industry and entrepreneurs, reported this morning that in the first half of 2012, companies participating in its startup accelerator have raised a total of $26.8M...

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Tuesday, August 21, 2012

MediciNova Raises $20M

Publicly held biopharmaceuticals firm MediciNova, which is based in San Diego, said last night that it has raised $20M in funding in a deal with Aspire Capital Fund, LLC. Medicinova said that Aspire will purchase the $20M in common stock at...

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Monday, August 20, 2012

CapLinked Adds Sharing Feature

CapLinked, the online, cloud-based service which helps startups and others manage their fundraising, has added a new sharing feature which makes it easier for users to share their information via email, Skype, and AngelList. The firm said i...

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Friday, August 17, 2012

Modern Meadow Gets Funding For 3D, Printed Meat

Modern Meadow, a firm whose founders were previously co-founders of San Diego's Organovo, has scored funding to make manufactured, 3D printed meat a reality. The funding came from Breakout Labs and The Thiel Foundation, Breakout Labs said T...

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Thursday, August 16, 2012

Little Black Bag Unwraps $8M More

Little Black Bag, the women's merchandise and online commerce site that is a take on the Japanese concept of a "lucky bag sale", has raised $8M in a Series B round, just six months after its Series A funding. The firm, which is based in Los...

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Thursday, August 16, 2012

Sibling Capital Announces New Fund In Southern California

Sibling Capital, a brand new venture capital based in Rancho Santa Fe, said this week that it has formed to invest in the areas of chemistry, medicine and material sciences. The new fund said it made its first investment, part of an $80M ...

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Wednesday, August 15, 2012

EcoMom Finds $4.7M More

EcoMom, the online e-commerce site focused on organic and eco-friendly products for children, disclosed this week that it has raised $4.7M in an additional funding round. The round came form Blue Pacific Ventures, Crosslink Capital, Cue Bal...

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Wednesday, August 15, 2012

Movieclips Becomes ZEFR, Raises $18.5M

Venice-based Movieclips, the online movie clips site and content site founded by Zach James and Richard Raddon, said today that it has raised $18.9M in a Series C funding round, and has rebranded itself as ZEFR. The new funding round was le...

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Wednesday, August 15, 2012

PageWoo Finds Funding

Los Angeles-based Pagewoo, the mobile advertising startup founded by Holden Steinberg and Jason Crilly, has quietly scored a round of funding, which was disclosed by the Tech Coast Angels this morning. Financial details of the angel funding...

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Wednesday, August 15, 2012

Tech Coast Angels Invests $4.5M In First Half Of 2012

The Tech Coast Angels said today that it has totalled up its investments for the first half of 2012, and found that it invested $4,571,000 in direct investments--as part of $10M in funding--for 17 companies. The angel investment group, whic...

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Monday, August 13, 2012

Elcelyx Therapeutics Adds $4M

San Diego-based Elcelyx Therapeutics, a developer of biopharmaceuticals aimed at both the weight loss and diabetes area, said this morning that it has raised $4M of a $7M extension of its Series B equity funding round. The new funding came ...

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Friday, August 10, 2012

Insights and Opinions: The Odd Couple: Angels and Accelerators

Southern California has the one of the largest gathering of organized angel investment groups, and a huge crop of startup accelerators: there's only one problem, which is they don't naturally work together. For our Insights and Opinions sec...

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Thursday, August 9, 2012

Postcard On The Run Raises $1.8M

Los Angeles-based Postcard On The Run, the developer of mobile apps which let people send their mobile phone photos to people as real, printed postcards, has raised $1.8M in an ongoing funding round, according to a regulatory filing from th...

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Wednesday, August 8, 2012

Fisker Supplier A123 Systems Gets Chinese Lifeline

In what looks like some good news for Irvine-based electric auto firm Fisker Automotive, the supplier for that firm's electric batteries, A123 Systems, said today that it has signed a memorandum of understanding (MOU) with a Chinese firm, t...

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Wednesday, August 8, 2012

Realtime Raises $100M, Opens Office In Santa Monica

Realtime, a startup developing technology to help power real-time web applications, said today that it has raised $100M, launched in the U.S., and opened up a new office in Santa Monica. The firm, which was previously known as Internet Busi...

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Tuesday, August 7, 2012

AwesomenessTV Gets $3.5M For YouTube Content

A new, Los Angeles based startup focused on developing original media for YouTube, AwesomenessTV, announced Tuesday afternoon that it has raised $3.5M in a Series A investment round. The round was led by MK Capital, and also included Greycr...

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Thursday, August 2, 2012

Handful of Southern California Investors In Top Twitter Investor List

A list issued Thursday by Twitter analytics firm PeekAnalytics identifies the top, influential high tech investors based on their key Twitter metrics, and--perhaps unsurprisingly--only a small number of local investors show up on the list. ...

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Thursday, August 2, 2012

Celebrity E-Commerce Spreads To Silicon Valley With FabKids

It looks like the trend--started in Los Angeles--to partner celebrity with e-commerce has spread to Silicon Valley. A San Francisco startup, Personalized Retailing, is joining the dozens of Los Angeles celebrity-with-e-commerce-subscription...

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Thursday, August 2, 2012

Connexity, Headed By Dave Gross, Finds $3M More

Connexity the online advertising startup headed by former Fastclick co-founder Dave Gross, announced this morning that it has raised $3M in a seed funding round. The round was led by Rincon Venture Partners, and also included Siemer Venture...

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Wednesday, August 1, 2012

POP Charger Passes $91K In Donations

Is crowdsourcing donations a reasonable alternative to seed funding? Based on the experience so far of POP Charger, the Kickstarter project being run by local entrepreneur Jamie Siminoff, it seems to be. According to the project's page Wed...

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Wednesday, August 1, 2012

CapLinked, Startup America Tie On Startup Fundraising

Los Angeles-based CapLinked, which operates an online platform for managing fundraising by startups, has linked with the Startup America Partnership. According to CapLinked, it will make its premium capital raising and investor reporting to...

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Tuesday, July 31, 2012

Avalon Ventures Backs Pingup

Avalon Ventures, the La Jolla- and Cambridge-based venture capital firm, has backed a new startup, Pingup, which lets consumers text nightclubs for reservations and information. According to Pingup Tuesday, it raised $1M in a seed funding r...

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Tuesday, July 31, 2012

Instacanvas Raises $1.7M

Los Angeles-based Instacanvas, the MuckerLab startup which allows any Instagram user to print photos from their stream to a real, canvas print, revealed today that it has raised $1.7M in a funding round. The round came from Founders Fund, F...

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Monday, July 30, 2012

DFJ Frontier's Netpulse Gets $15.6M More

One of the portfolio companies of Los Angeles-based venture capital investor DFJ Frontier has scored a big, $15.6M funding round this morning, to bolster its development of digital entertainment systems for fitness treadmills. Netpulse, whi...

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Friday, July 27, 2012

PayDragon Reveals $1.35M Seed Funding For Mobile Payments

Los Angeles-based PayDragon has raised $1.35M in its seed funding, the firm disclosed Friday. The firm--which had earlier disclosed the seed round, but without dollar amounts--said the funding included Rustic Canyon Ventures, SV Angel, and ...

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Thursday, July 26, 2012

JustFab Lands Huge, $76M Round For Fashion Startup

El Segundo-based JustFab, the fashion subscription site led by Adam Goldenberg and Don Ressler, announced Thursday morning that it has raised a gigantic, $76M in a funding round. The new funding for the site was led by Rho Ventures, and als...

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Thursday, July 26, 2012

Pop-up Pantry Finds $1.7M In Funding

Los Angeles-based Pop-Up Pantry, one of the companies in the Launchpad LA accelerator, has disclosed a $1.7M seed funding round, led by GRP Partners, CrossCut Ventures, Adam Goldenberg (JustFab), and Michel Daher (of Daher Foods). The start...

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Thursday, July 26, 2012

Apptopia.com Gets Funding From Mark Cuban

Apptopia.com, a new startup which allows developers and others to buy and sell the ownership of mobile applications, said this morning that it is getting set to close out a $1M round of funding, led by Mark Cuban. The company, which has off...

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Wednesday, July 25, 2012

CoDa Therapeutics Lands $20M More

San Diego-based CoDa Therapeutics, which develops biopharmaceuticals aimed at wound care, said today that it has added $20M to its Series B financing round. The new funding, a second close, came from RusnanoMedInvest. CoDa Therapeutics said...

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Wednesday, July 25, 2012

NantPharma Gets $125M From Blackstone

Los angeles-based NantWorks, the technology thinktank of Los Angeles billionaire Dr. Patrick Soon-Shiong, said Tuesday that one of its companies, NantPharma, has received $125M in an investment by private equity firm Blackstone. NantPharma ...

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Tuesday, July 24, 2012

WhoSay Finds $12M For Celebrity Media Management

WhoSay, which operates an online, media management platform used by agents, celebrities, and studios to manage celebrities, has raised $12M in a funding round, the company said today. The firm--which has offices in Los Angeles, but is based...

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Tuesday, July 24, 2012

StackSocial Gets Seed Round

Los Angeles-based StackSocial, the e-commerce software developer out of the Amplify accelerator, has announced $800,000 in a seed funding round this morning, from 500 Startups, Siemer Ventures, EchoVC Partners, Amplify LA, as well as angels...

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Monday, July 23, 2012

Los Angeles Accelerator Report Card: Too Early To Tell

There's been a surge in startup accelerator activity in Los Angeles in the last year, as interest in starting a company in the region has grown, and a wide range of experienced entrepreneurs and investors have pitched in to help companies g...

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Monday, July 23, 2012

Siminoff's POP Charger Project Blows Past Goal On Kickstarter

The POP Charger, the Kickstarter project run by former Unsubscribe.com CEO Jamie Siminoff, has blown past its fundraising efforts on Kickstarter, and as of this morning has racked up over $66,000 in donations out of an original target of $5...

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Monday, July 23, 2012

CALIENT Technologies Raises $14.8M

Goleta-based Calient, a developer of 3D MEM-based, optical switching equiment, has raised $14.8M in a funding round, according to a recent regulatory filing by the firm. Details and source of the new funding was not announced. Calient's equ...

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Monday, July 23, 2012

LuxeYard Gets Funding

Los Angeles-based LuxeYard, which operates a flash sales site focused on home furnishing and decor, said today that it has scored what it says is its first round of funding, to help expand in India. The company--which now is listed on the O...

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Friday, July 20, 2012

Q2 Venture Funding Drifts Downward In Southern California

The latest MoneyTree Survey, from PricewaterhouseCoopers, the National Venture Capital Association, and Thomson Reuters, tabulated $837.3M in funding during Q2 of 2012, down from Q1, and slightly below investments in Q2 of 2011. According...

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Thursday, July 19, 2012

Report: MovieClips Raises Series C

Venice-based MovieClips, the online site which allows people to share and view clips from movies, has raised a Series C funding round, according to reports. No details on the funding, which was first reported by Dan Primack at FORTUNE, have...

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Wednesday, July 18, 2012

Obalon Raises $16.5M For Weight Loss Technology

San Diego-based Obalon said Wednesday afternoon that it has raised $16.5M, in a Series C funding. The funding was led by InterWest Partners, and also included Domain Associates and Okapi Venture Capital. Obalon is a developer of gastric ba...

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Wednesday, July 18, 2012

Media Temple Ties With Virb

Los Angeles-based Media Temple, the web hosting firm, is partnering with Virb to help small businesses, artists, musicians, and others to create their own web sites, the firms said this morning. According to the two, they have integrated th...

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Wednesday, July 18, 2012

Retention Science Gets $1.3M For Ecommerce Software

Santa Monica-based Retention Science, a new startup out of the MuckerLab accelerator, is announcing this morning that it has raised $1.3M in a seed funding. The firm, which is developing big data software for helping e-commerce sites to att...

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Tuesday, July 17, 2012

Clearstone Backs Openbucks

Santa Monica-based venture capital firm Clearstone Ventures is backing a Bay Area gift card-based, payment network, Openbucks, as part of a Series A funding for Openbucks. According to Openbucks, it has raised $4.8M in a Series A for the co...

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Tuesday, July 17, 2012

Caltech Invests In Coursera

The California Institute of Technology is backing, Coursera, a startup in the area of online education with an equity investment, plus the promise to put some of its courses online for free, in a deal worth $3.7M, the school announced this ...

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Tuesday, July 17, 2012

BioSurplus Raises $2.4M

San Diego-based BioSurplus, a provider of equipment management services and pre-owned laboratory instruments, said this morning that it has closed its Series A financing round, bringing the total raised in the oversubscribed round to $2.4M....

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Monday, July 16, 2012

Tealium Raises $10.5M

San Diego-based Tealium, a developer of tag management software for online marketers, said this morning that it has raised $10.5M in a Series B funding. The firm said the round was led by Battery Ventures, and will go towards funding growth...

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Monday, July 16, 2012

USC Stevens' Krisztina Holly Departs

The founding Executive Director of the USC Stevens Center for Innovation, Krisztina Holly, is leaving the center to pursue other interests, USC said late Friday. According to the university, Holly decided to leave USC this month to pursue o...

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Friday, July 13, 2012

TeleSign Raises $29.0M

Los Angeles-based TeleSign, the provider of telephone-based, Internet fraud prevention and authentication services headed by tech vet Steve Jillings, has raised $29.0M in a funding round, according to a regulatory filing from the firm Thurs...

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Thursday, July 12, 2012

Elevance Renewable Sciences Finds $104M

An Illinois firm whose technology is based on, and licensed from Pasadena-based Materia and Caltech, has raised a whopping, $104M funding round. Woodridge, Illinois-based Elevance Renewable Sciences, a developer of processes for creating sp...

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Thursday, July 12, 2012

CallWave Lives On As FuzeBox Finds Funding

Remember Santa Barbara-based Callwave, the onetime developer of Internet call waiting and Internet fax services? It turns out the company still exists--albeit under another name and management--and just became, again, a venture backed start...

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Thursday, July 12, 2012

Qualcomm Backs Indian E-commerce Firm

San Diego-based Qualcomm has backed an online e-commerce company in India, Big Shoe Bazaar India Pvt Ltd.. According to Big Shoe, it has raised INR 100 Cr. (approximately $1.8M US) in a Series C funding round, which was led by Fidelity Grow...

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Thursday, July 12, 2012

Poptent Raises $5.5M For Crowdsourced Video

Los Angeles-based Poptent, which is harnessing crowdsourcing to help brands and agencies to develop advertisements, said this morning that it has raised $5.5M in a funding round. The round was leds by MK Capital. Poptent, which is led by An...

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Wednesday, July 11, 2012

StackSocial Gets Funding

Los Angeles-based StackSocial, which is developing and e-commerce platform focused on flash sales of software, apps, tutorials, and more--currently on a number of Mac software packages--has quietly raised a round of angel funding, socalTECH...

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Wednesday, July 11, 2012

Pocket Change Finds More Funding

A virtual currently startup, Pocket Change, with links to Southern California has just raised $5M more in funding. The firm, which provides virtual currency handling for Android game makers, is the startup of Ari Mir, who formerly co-founde...

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Wednesday, July 11, 2012

SteelHouse Adds $8.25M

Los Angeles-based SteelHouse, a startup developing e-commerce software to provide special offers and pricing to consumers based on their online behavior, has raised $8.25M more. The funding came from Qualcomm Ventures and Daher Capital. Ste...

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Wednesday, July 11, 2012

MiCardia Raises $4.4M, Spins Off Technology

Irvine-based Micardia, a developer of medical devices used for treating cardiovascular diseases, said Tuesday that it has raised a round of funding, which will provide it with $4.4M during 2012 and 2013. The firm said the round was an inter...

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Tuesday, July 10, 2012

Zumbox Receives $10M More In Series C Funding

Los Angeles-based Zumbox, the startup providing digital, postal mail services, which is now headed by John Payne, has raised $10.6M in a Series C funding round, the firm said late this morning. The firm said the funding came from existing i...

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Tuesday, July 10, 2012

Athletes' Performance Gets $22.5M, In LA Hiring Push

Athletes' Performance, which maintains major technology operations in Los Angeles, said this morning that it has raised $22.5M for its performance training, nutrition, and physical therapy services for athletes, the military, and corporatio...

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Tuesday, July 10, 2012

On-Ramp Wireless Gets Backing From Energy Technology Ventures

San Diego-based On-Ramp Wireless, the developer of wireless communications systems used to connect devices into the smart grid, has scored the backing of Energy Technology Ventures, the venture capital m which is a joint venture of GE, NRG ...

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Tuesday, July 10, 2012

Solarflare Raises $10.0M

Irvine-based Solarflare, the developer of 10 Gigabit Ethernet adapters, has raised $10.0M in a funding round, according to a regulatory filing from the firm. Details on the fundraising have not been announced by the company. The regulatory ...

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Monday, July 9, 2012

Cyber Rain Gets Debt Funding

Los Angeles-based Cyber Rain, the developer of smart irrigation controllers, has raised a round of debt funding, according to funder Agility Capital. Size and terms of the debt funding were not announced. Cyber Rain develops smart irrigatio...

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Monday, July 9, 2012

Tech Coast Angels Leads National Angel Investments

Southern California's largest angel investment group, the Tech Coast Angels, looks to be one of the lead investors nationally in angel-backed companies, according to a report released Monday by the Angel Resource institute. The group, along...

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Monday, July 9, 2012

Venture Capital Fundraising On Uptick

It looks like it's going to be a good year for venture capital -- fundraising, that is, according to numbers released by Dow Jones Monday. According to Dow Jones, 82 U.S. venture funds raised $13 billion in the first six months of the year,...

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Monday, July 9, 2012

Xirrus Finds $18.4M More

Thousand Oaks-based wireless equipment maker Xirrus appears to have raised $18.4M more in a funding round, part of an ongoing $25.3M funding, according to a regulatory filing by the company. Xirrus, which makes Wi-Fi switching hardware whic...

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Monday, July 9, 2012

RingDNA Gets $650K For Real Time Sales Info

Sherman Oaks-based RingDNA, a provider of mobile tools to provide real-time CRM data, social media streams and behavioral marketing information to salespeople, has raised $650,000 in funding, according to a regulatory filing by the firm. No...

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Monday, July 9, 2012

JMI Equity Backs Capsule Tech

San Diego-based private equity firm JMI Equity has backed a developer of medical device technology, Capsule Tech, the firms announced today. Terms of the strategic investment were not announced. Capsule Tech said it has named Gene Cattarina...

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Friday, July 6, 2012

Quarterly Raises $1.25M

Los Angeles-based subscription commerce service Quarterly has raised $1.25M in a Series A funding round, which was led by True Ventures, SV Angel, Initialized Capital, Collaborative Fund, according to VentureWire Friday. Former Redbox presi...

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Thursday, July 5, 2012

YBUY Scores $1M More

Manhattan Beach-based YBUY, which is developing a monthly subscription service to help users try products before buying them, has raised $1M in a funding round, the firm disclosed Thursday. The round was led by TomorrowVentures, the persona...

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Thursday, July 5, 2012

Leonardo DiCaprio Backs Fisker Automotive, Ties On Sustainability Efforts

Actor Leonardo DiCaprio and Irvine-based electric autombile maker Fisker Automotive revealed this week that the actor is an equity investor in the company, and is also linking with the firm to help promote "Global Sustainability." According...

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Tuesday, July 3, 2012

Qualcomm Backs Mobile Apps Firm Fiksu

San Diego-based Qualcomm is backing a developer of mobile apps marketing products, Fiksu, via its Qualcomm Ventures investment arm, Fiksu said this morning. Fiksu said it has raised $10M in a Series B financing, led by Qualcomm and Charles ...

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Monday, July 2, 2012

Quest Software Acquired By Dell For $2.4 Billion

Aliso Viejo-based Quest Software is in a deal to be acquired by Dell, for $2.4 billion, or $28.00 per share in cash, the two firms said this morning. The deal, which was reached after a long, drawn out bidding war between Insight Venture Pa...

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Monday, July 2, 2012

YourEvent Gets Angel Round

Los Angeles-based YourEvent.com, a startup developing a service to help users share photos of their events, has raised a round of angel funding. The funding came from the Billiken Angels Network, an angel group based in Saint Louis. Financi...

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Friday, June 29, 2012

Domain, Versant Re-Up On Spine Repair Startup

Two Southern California venture investors have re-upped their investment in a Northern California maker of spin repair devices, Benvenue Medical. Benvenue said it raised $25M in a Series D funding yesterday, led by its existing ivnestors, w...

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Friday, June 29, 2012

Sonendo Raising $20M

Laguna Hills-based Sonnendo, a firm developing medical devices for the use in root canals (endodontic therapy), said Thursday that it has raised $9.2M in an initial close of a $20M equity funding. e firm said the round was led by OrbiMed Ad...

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Thursday, June 28, 2012

Tech Coast Angels Backs Influenza Treatment Developer

The Tech Coast Angels, the largest angel investment group in Southern California, has backed a developer of treatments for the flu., According to Gemmus Pharma, it raised an angel funding round led by the Life Science Angels, and also inclu...

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Thursday, June 28, 2012

DogVacay Adds Andreessen Horowitz As Investor

Los Angeles-based Dogvacay, the online marketplace which helps dog owners find people to pet sit their dogs, is announcing this morning that it has added Andreessen Horowitz as an investor at the company. Size of the investment was not disc...

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Wednesday, June 27, 2012

Chill Raises $8M More

Los Angeles-based Chill, the social video sharing and chat site led by Brian Norgard, has raised another $8M in funding, the firm said today. The firm sai the new funding was led by Kleiner Perkins Caufield & Byers and William Morris Endea...

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Wednesday, June 27, 2012

Los Angeles Investor Backs DoughMain

A new, financial education and family organization website, DoughMain, said yetserday that it has raised funding from a private equity fund managed out of Los Angeles and Boston. DoughMain, which did not disclose details of its funding, sai...

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Tuesday, June 26, 2012

Big Frame Lands $3M

Hollywood-based Big Frame, a new startup focused on providing content programming and marketing of YouTube talent, has raised $3M in a funding round, the firm said Tuesday. The round came from Anthem Venture Partners, Daher Capital, DFJ Fro...

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Monday, June 25, 2012

FastPay Gets $25M

Los Angeles-based FastPay, which provides receivables financing for digital media businesses, said this morning that it has raised $25M in funding. The funding included a senior credit facility from Wells Fargo Capital Finance and a subord...

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Monday, June 25, 2012

Quest Software Gets Increased Offer

The bidding war for Aliso Viejo-based Quest Software, the developer of IT management software, continued this morning, as the firm reported that an un-named, strategic bidder has upped its proposal to acquire the company to $27.50 per share...

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Monday, June 25, 2012

BlockBeacon Raises $500K

Santa Monica-based BlockBeacon, the developer of mobile apps headed by Brandon Mills, former co-founder and Head of Product at SocialVibe, has raised $500,000, the firm disclosed Friday. The funding was led by Resolute.VC, the new venture f...

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Friday, June 22, 2012

On Ramp Wireless Raising $30M

San Diego-based On Ramp Wireless, a developer of networking and communications equipment aimed at smart grid and other sensors networks, is in the process of raising up to $30M in funding, according to a regulatory filing from the firm Thur...

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Friday, June 22, 2012

Avanir Pharmaceuticals Gets $30M In Credit Facility

Aliso Viejo-based Avanir Pharmaceuticals, the biopharmaceuticals firm focused on treatments for central nervous system disorders, has received $30M in a debt funding round, according to lenders Oxford FInance and Silicon Valley Bank. Avanir...

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Thursday, June 21, 2012

Sonos Funding Pays Off For Early Investors

When is a funding also an exit? When part of that funding is used to pay off early investors. The $135M funding for Santa Barbara-based wireless music system maker Sonos appears to be just that, rewarding such investors as Andreas von Blott...

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Thursday, June 21, 2012

CapLinked Lands New Funding Round

Los Angeles-based CapLinked, the startup which provides an online site to help companies manage their fundraising process, is announcing this morning that it has raised $400,000 in a new funding round. The new round included Hercules Techno...

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Wednesday, June 20, 2012

Gradient X Finds $3.75M For New Mobile Ad Play

A trio of online advertising vets are heading up a new, mobile advertising firm, Gradient X, which said this morning that it has raised $3.75M in a seed financing round. GradientX, led by Brian Baumgart and co-founded by Julie Mattern and M...

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Wednesday, June 20, 2012

Quest Software Bidders Up Offer

Aliso Veijo-based Quest Software said late Tuesday that Insight Venture Partners and its affiliates have raised their offer for the firm to $25.75 per share in cash, up from their original offer of $23.00 per share in cash. The increased of...

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Tuesday, June 19, 2012

HypeMarks Gets $350K

Los Angeles-based HypeMarks, the developer of a service which helps users find new places to explore on the web, has raised $350,000 in a funding round, socalTECH has learned. According to Tim Sae Koo, the firm's founder, the funding came f...

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Tuesday, June 19, 2012

CapLinked Launches Deal Browsing Feature

Manhattan Beach-based CapLinked, the developer of software used by companies to manage their fundraising process, said today that it recently released a new feature, which allows accredited investors and advisors to preview and request acce...

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Monday, June 18, 2012

SmartDrive Systems Raises $47M For Better Driving

San Diego-based SmartDrive Systems, which develops driving safety systems for managing driving fleets, said Monday afternoon that it has raised $47m in a new funding round. The firm said the round was led by Oak Investment Partners and New ...

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Monday, June 18, 2012

Sonos Scores $135M For Music Systems, Says Report

Santa Barbara-based Sonos, the maker of user-friendly, whole house music systems, has raised $135M in a funding round, according to reports today. According to AllThingsD, citing "sources close to the situation", the funding included both p...

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Monday, June 18, 2012

Astute Networks Gets $12M

San Diego-based Astute Networks, a developer of a flash-based iSCSI networking device used in the data center market, said this morning that it has raised $12M in a Series B funding round. The round was led by Samsung Venture Investment Cor...

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Thursday, June 14, 2012

GraphEffect Gets $12M

Santa Monica-based GraphEffect, the provider of social marketing software headed by James Borow and co-founded by Clark Landry, announced this morning that it has raised $12M in a new financing round. The round was led by Rincon Venture Par...

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Thursday, June 14, 2012

Quest Software Gets $2.15 Billion Offer For Firm

Aliso Viejo-based Quest Software, the developer of IT management software, reported this morning that it has received a proposal from a strategic bidder to acquire all of the firm's outstanding shares for $25.50 per share in cash. The new o...

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Monday, June 11, 2012

Qualcomm Re-Ups On AliveCor

San Diego-based Qualcomm has re-upped its investment in a maker of an electriocardiogram (ECG) device which connects into iPhone, iPad, and Android devices. According to AliveCor, which is based in San Francisco, it has raised $10.5M in a s...

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Monday, June 11, 2012

Row 44 Raises $45M

Westlake Village-based Row 44, the provider of inflight Wi-Fi and entertainment services headed by John LaValle, announced today that it has raised $45M more in financing. The round came from Advanced Inflight Alliance AG (AIA) and prior in...

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Monday, June 11, 2012

GRP Portfolio Firm Qualys Files For IPO

One of the portfolio companies of Los Angeles-based venture capital firm GRP Partners has filed for an IPO, according to a filing with the SEC late Friday. Silicon Valley based enterprise security and compliance software firm Qualys said it...

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Thursday, June 7, 2012

LoveIt Gets $6M For Photo Sharing, Collecting

Look out, Pinterest -- Pasadena-based LoveIt is looking to unseat the popularity of the photo sharing site, with its new platform, and $6M in funding. LoveIt, headed by former PriceGrabber President Ron LaPierre, said today that it raised a...

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Thursday, June 7, 2012

Gumhouse, Linked with Science Inc., Raises $6M

What's the latest startup to launch of out Santa Monica-based business "studio" Science Inc., run by former MySpace CEO Mike Jones? That would be appear to be Gumhouse, which just raised $6M in a funding round, from such venture firms as Po...

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Thursday, June 7, 2012

Curious Minds Backs Ringadoc

Los Angeles-based technology incubator Curious Minds is one of the firms backing Ringadoc, a new startup which offers up medical consultations via phone or computer. According to Ringadoc, it raised $750,000 in a seed funding round, led by...

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Thursday, June 7, 2012

CapLinked Ties With Accelerators

Los Angeles-based CapLinked, the online service which helps startups manage their fundraising process, announced this morning that it has linked with half a dozen startup accelerators to help those firms' companies help raise their funding ...

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Thursday, June 7, 2012

Astute Medical Raises $40.4M

San Diego-based Astute Medical, a provider of biomarker-based medical diagnostics technology, reports this morning that it has raised $40.4M in a Series C funding round. The round was led by MPM Capital, and also included new investor Kaise...

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Wednesday, June 6, 2012

Crowdfunder Dangles $25K In LA Startup Competition

Crowdfunder, an online site offering up a platform to help startups raise money for their firms via crowd funding, is dangling $25,000 in a contest open to Los Angeles companies. The firm, headed by Chance Barnett, said that its new crowdso...

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Wednesday, June 6, 2012

Surf Air Gets Funding Round

Santa Monica-based Surf Air, the new startup out of the MuckerLab accelerator which is headed by Wade Eyerly, has announced its funding round, saying today that it has scored a key round of funding from Anthem Venture Partners, NEA, actor J...

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Tuesday, June 5, 2012

Dedicated Media Gets $5M In Credit Facility

El Segundo-based Dedicated Media, a provider of targeted online advertising, media services and lead generation technology, said Tuesday that it has secured $5M in a credit facility, from Wells Fargo's Technology and Venture Banking Group. ...

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Tuesday, June 5, 2012

Shea Ventures Gets Exit At Quickoffice

It looks like the venture capital business is doing a lot better than the home building industry for Walnut-based J.F. Shea. The homebuilder, which also runs a venture capital arm call Shea Ventures, just scored an exit from one of its port...

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Tuesday, June 5, 2012

Demand Media Alum Gets $100M For Domain Registrar

A brand new, domain registration startup headed by a set of ex-Demand Media executives, has just raised an astounding $100M for its efforts. Donuts Inc., headed by former Demand Media President and Chief Strategy Officer Paul Stahura, said ...

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Monday, June 4, 2012

Awarepoint Raises $14M More

San Diego-based Awarepoint, which develops real-time, location systems used for tracking patents and assets in a healthcare environment, said today that it has raised $14M in an additional financing round. The firm said the round was led by...

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Thursday, May 31, 2012

Grubwithus Gets $5M

Venice-based Grubwithus, which operates a service which helps connect people in real life with others over meals and food, said this week that it has raised $5M in a Series A funding round. The round was led by GRP Partners, and also includ...

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Thursday, May 31, 2012

Sky Dayton Backs Diffbot

Earthlink founder and Southern California entrepreneur Sky Dayton is leading an angel investment in a new startup out of Stanford, which is developing a service which allows developers to track changes and extract information out of web pag...

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Wednesday, May 30, 2012

Interview with Wil Schroter, Fundable

If you're a startup business owner, how do you get to the next step, and build your first product? One way is getting funding from your potential customers. That's the idea behind a new startup, Fundable, headed by serial entrepreneur Wil S...

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Tuesday, May 29, 2012

Ace Metrix Gets $8M For TV Ad Analytics

Ace Metrix, a provider of technology for television advertising analytics, said today that it has raised $8M in a funding round from WPP, Hummer Winblad Venture Partners, Leapfrog Ventures, and Palomar Ventures. The firm, which is headquart...

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Friday, May 25, 2012

SurfAir Closing In On $14M Funding, Says Report

Santa Monica-based SurfAir, the startup airline headed by Wade Eyerly which is part of the Muckerlab accelerator, is closing in on $14M in its first funding round, according to reports today. The firm--which has been seeing intense interest...

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Friday, May 25, 2012

Sangart Raises $50M

San Diego-based biopharmaceuticals firm Sangart has raised $50M in a Series G funding round, the company announced Thursday, bringing its total venture funds raised to $280M. Sangart, which is developing biopharmaceuticals to treat hemorrha...

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Thursday, May 24, 2012

Crowdfunder Gets $400K For Crowdfunding Site

Los Angeles-based Crowdfunder, an online crowd funding site headed by Chance Barnett, has raised $400,000 in seed funding, according to reports today. The firm offers up an online web site where companies get solicit funding for their start...

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Thursday, May 24, 2012

Triptrotting Adds Golden Seeds, Boosts Round To $1.5M

Los Angeles-based Triptrotting, the online site which helps connects travelers with other like-minded, local hosts, has boosted its funding round to $1.5M, and added angel investment group Golden Seeds. The firm, which announced the first c...

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Thursday, May 24, 2012

Zebit Gets $25M For Microlending Site

Zebit, a microlending and financial transactions platform in the UK which is owned by San Diego-based Global Analytics Holdings, said it has raised $25M in a Series D funding round this morning. According to the firm, the round was led by M...

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Wednesday, May 23, 2012

Fundable Takes On Crowdfunding For Startups

A new startup, headed by entrepreneur Wil Schroter, has launched this week, looking to make it easier for startups to raise funding. Santa Monica- and Columbus, Ohio-based Fundable said that it is looking to provide a crowdfunding platform ...

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Wednesday, May 23, 2012

RocketFrog Launches With $2M, MySpace's Anderson

Los Angeles-based RocketFrog, a new startup developing casino games on Facebook, launched Tuesday, saying that it has raised $2M in angel funding, and also added MySpace co-founder Tom Anderson as an advisor. The startup, headed by Brett Ca...

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Tuesday, May 22, 2012

Io/LA Plans $500K In Investments

One of the newest accelerator and incubators to open in the Los Angeles area, io/LA, is planning to invest $500,000 in local startups as part of its efforts to incubate 25 companies in its new space in Hollywood. The accelerator, which was ...

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Monday, May 21, 2012

StyleSaint's Other Backers: Andreessen Horowitz, General Catalyst

Venice, California-based StyleSaint, the new fashion-meets-Pinterest startup headed by Crosscut Ventures' Brian Garrett, has been fairly mum about its recent funding. However, the firm revealed today at TechCrunch Disrupt that its other ven...

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Monday, May 21, 2012

Machinima Raises $35M

Los Angeles-based Machinima, the online video entertainment firm focused on computer gamers, said Monday that it has raised $35M in a financing round. The round was led by Google, along with prior investors Redpoint Ventures and MK Capital....

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Thursday, May 17, 2012

American Solar Direct Gets $5M in Equity Investment

Santa Monica-based American Solar Direct, a provider of residential solar lease and power purchase agreements, announced this week that it has raised $5M in an equity investment. The round came from WGL Holdings, inc., along with other exis...

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Thursday, May 17, 2012

Buy.com Parent Rakuten Leads $100M Round In Pinterest

Rakuten, the Japanese e-commmerce giant which owns Aliso Viejo-based e-commerce site Buy.com, has just grabbed a stake in up-and-coming Internet sharing site Pinterest, according to reports today. Pinterest, which allows people to share pic...

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Wednesday, May 16, 2012

Funny or Die Gets Investment From Turner Broadcasting

Los Angeles-based humor site Funny or Die has received an investment from Turner Broadcasting, as part of a strategic deal between the companies for Turner to manage ad site sales for the company. Financial terms of the investment were not ...

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Tuesday, May 15, 2012

ModCloth Gets $25M To Expand In Los Angeles

ModCloth, an online retailer of vintage fashion and decor, and which revolves around a community of independent designers, said today that it has raised $25M, in part to grow its operations in Los Angeles. The San Francisco company did not ...

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Friday, May 11, 2012

Viddy Confirms $30M Funding

Looking to become the next Instagram--but for video, instead--Los Angeles-based Viddy has just added $30M in funding to its warchest, confirming today reports that it has scored a huge new funding for the mobile video sharing site. Viddy sa...

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Thursday, May 10, 2012

Moviepilot Gets $7M, Sets Up Shop In Los Angeles

Moviepilot.com, which runs a movie recommendation and discovery website aimed at covering movies before their release, said today that it has raised $7M in a Series B funding, to expand the German firm into the U.S. As part of the funding, ...

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Thursday, May 10, 2012

BioSurplus Gets $1.5M For Boston Expansion

San Diego-based BioSurplus, a provider of pre-owned, laboratory instruments for the life sciences industry, said today that it has raised $1.5M in a capital raise for an expansion into Boston. The firm said the funding came from KI Investme...

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Wednesday, May 9, 2012

Altra Biofuels Spinout Gets $30M More

EdenIQ, the spinout of San Diego-based Altra Biofuels, the developer of biofuels processing technology, has scored $30M in new venture capital funding, the company said today. EdenIQ, which is taking biomaterials technology being applied to...

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Tuesday, May 8, 2012

Amgen Re-Ups Investment In Sutro Biopharma

The venture capital arm of Thousand Oaks-based Amgen has placed more funding into one of its portfolio companies, Sutro Biopharma, which is working on developing a scalable biochemical protein synthesis platform aimed at cancer therapeutics...

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Monday, May 7, 2012

Verdezyne Raises $10.6M More

Carlsbad-based Verdezyne, which is developing biotechnology used for biofuels production and chemicals manufacturing, has raised $10.6M in a new, debt funding round, according to a filing from the firm last week. Details on the funding have...

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Monday, May 7, 2012

Machinima On Verge Of Investment From Google, Says Report

Los Angeles-based content developer Machinima is on the verge of an investment deal with Google, according to a report published Monday by AllthingsD. Size and details of the funding have yet to be announced, but according to the report is ...

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Monday, May 7, 2012

Celladon Gets $53M In Funding

San Diego-based Celladon, a biopharmaceuticals firm developing a genetically targeted enzyme replacement therapy which helps in the treatment of late-stage, heart failure, has raised $53M in a second close of a funding round, the firm said ...

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Friday, May 4, 2012

Engrade Raises $3M For Classroom Management Tools

Santa Monica-based Engrade, a developer of online classroom management tools, said today that it has raised $3M in a funding round. The round was led by Rethink Education, and also included NewSchools Venture Fund, Greg Gunn, Zac Zeitlin, a...

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Thursday, May 3, 2012

Qualcomm Re-Ups Investment In Mobile Management Firm Visage

San Diego-based Qualcomm has renewed its investment in Visage, as part of a Series C funding for the enterprise mobility management software provider. According to Visage, the round was led by Motorola Solutions, and also included Palisades...

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Thursday, May 3, 2012

SoCal Venture Capitalists Shut Out Of Midas List

Forbes Magazine has just published its annual Midas List, its annual ranking of the top 100 venture capitalists, and -- despite a record number of IPOs and exits last year from southern California technology companies -- Southern California...

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Thursday, May 3, 2012

SoCal Venture Capitalists Shut Out Of Midas List

Forbes Magazine has just published its annual Midas List, its annual ranking of the top 100 venture capitalists, and -- despite a record number of IPOs and exits last year from southern California technology companies -- Southern California...

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Thursday, May 3, 2012

NetPlenish Launches, Lands $1.9M

Ventura-based NetPlenish, the mobile shopping service startup headed by Dave Compton, said today that it has launched with $1.9M in a seed funding round, and has started offering up its service to automatically replenish everyday items for ...

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Thursday, May 3, 2012

Nirvanix Gets $25M In Series C

San Diego-based cloud storage provider Nirvanix announced this morning that it has raised over $25M in a Series C funding round, which it says will go to "significantly expand" its engineering organization. The round was led by Khosla Ventu...

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Wednesday, May 2, 2012

StageIt Gets Funding To Help Broadcast Musicians

Los Angeles-based startup StageIt, which operates an online web platform which lets musicians interact with their fans through live broadcasts from their laptop, has raised a round of funding. The funding came from DEV (Digital Entertainmen...

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Wednesday, May 2, 2012

Brand Affinity Technologies Raises $7.5M

Irvine-based Brand Affinity Technologies, the startup headed by Ryan and Chad Steelberg which is focused on celebrity endorsements, said this morning that it has raised $7.5M in a Series D funding round. BAT said the new round was led by Ma...

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Wednesday, May 2, 2012

GRP Re-Ups On DataSift

Los Angeles-based venture capital investor GRP Partners has re-upped its investment in social data analytics firm DataSift, in a Series A follow-on announced this morning. DataSift said that existing investors GRP Partners and IA Ventures i...

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Tuesday, May 1, 2012

Paul Bricault Backs Phone Security Firm

Paul Bricault, the head of local Los Angeles business accelerator Amplify, is one of the backers of a phone security firm which is looking to reduce phone-based fraud. According to Atlanta-based Pindrop Security, it raised $1M in a seed fun...

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Tuesday, May 1, 2012

EcoATM Raises $17M

San Diego-based EcoATM, the developer of kiosks to help people trade in their old mobile phones and devices for cash, store credit, or gift cards, has raised $17M in a Series B funding round. The round came from Coinstar, PI Holdings, Moore...

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Monday, April 30, 2012

Grid2Home Connects Into $2.0M More

San Diego-based Grid2Home, which develops smart energy management software, has raised $2.0M in an equity funding, according to a regulatory filing from the firm. Source of the new funding was not disclosed. Grid2Home develops network proto...

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Monday, April 30, 2012

NanoH2O Lands $60M In Funding

El Segundo-based NanoH2O the developer of high efficiency, reverse osmosis membranes for seawater desalination, announced this morning that it has raised a total of $60M in equity and debt funding. According to the firm, it raised $40M in...

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Friday, April 27, 2012

USC Marshall Awards $50K In Seed Funding Competition

Six companies started by students at the University of Southern California's Lloyd Greif Center for Entrepreneurial Studies at USC Marshall have been awarded a total of $50,000 in seed funding, after competing in the center's New Venture Se...

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Thursday, April 26, 2012

Howard Lindzon Backs SendHub

San Diego angel investor Howard Lindzon, via his Social Leverage fund, has backed a provider of SMS messaging services, SendHub as part of an angel funding round for the company. SendHub said this morning that it has raised $2M in a seed fu...

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Thursday, April 26, 2012

Tech Coast Angels Fund Cadence Biomedical

The Tech Coast Angels has backed the maker of a medical device to help people with severe disabilities to walk. According to Cadence Biomedical, the Tech Coast Angels are among a number of new investors in a $1.1M, Series A2 funding for the...

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Wednesday, April 25, 2012

Pasadena Angels Back Scientific Equipment Startup

The Pasadena Angels have backed developer of protein analysis equipment for the drug discovery and research market, investing $475,000 in a Series B for Wasatch Microfluidics, the group said this week. Wasatch Biofluidics is developing prin...

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Wednesday, April 25, 2012

RainTree Oncology Gets $11.1M

San Diego-based RainTree Oncology Services, a provider of systems which help oncologists to purchase oral drugs, manage inventories, track prescriptions, and monitor patients, has raised $11.1M, the firm said late Tuesday. The firm said the...

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Wednesday, April 25, 2012

Independa Raises $2.35M

San Diego-based Independa, which develops remote health management and monitoring systems for the elderly, said today that it has raised $2.35M in a convertible note funding. The firm said the round included Miramar Venture Partners and Cit...

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Tuesday, April 24, 2012

Amgen Re-Ups On miRagen

Amgen Ventures, the venture capital arm of Thousand Oaks-based Amgen, has re-upped on an investment in a biopharmaceuticals developing microRNA-based treatments for cardiovascular and muscle disease. According to miRagen Therapeutics, it ha...

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Tuesday, April 24, 2012

Clearstone Portfolio Firm Cetas Acquired By VMware

Santa Monica-based Clearstone Ventures has had another exit in its portfolio, this time with the acquisition of Cetas, a developer of cloud data analytics software, by VMware. Financial terms of the acquisition were not disclosed. Cetas was...

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Tuesday, April 24, 2012

SocialAnnex Backed By Who's Who Of SoCal Angels

Los Angeles-based SocialAnnex, a startup helping online retailers to use social media to spur sales, has scored a round of funding from a who's who of Southern California technology angels, the firm said Tuesday. According to SocialAnnex, K...

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Tuesday, April 24, 2012

DataPop Raises $7M

Los Angeles-based DataPop, the developer of advertising targeting technology headed byJason Lehmbeck, has raised $7M in a Series B funding round, the firm said today. The funding was led by MK Capital, and also included prior investors Rinc...

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Monday, April 23, 2012

Viddy Adds Celebrities To Investor Roster

Venice-based Viddy, the developer of a mobile app used to share videos over social networks, has added a number of celebrities to its list of investors. The firm--which just raised a $6M venture round in February--apparently has added celeb...

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Friday, April 20, 2012

Playsino Gets $1.5M For Casino Games

Los Angeles-based Playsino--which, until recently, was known as Titan Gaming--said Friday that it has raised $1.5M in a new funding round. The firm said the firm will go to support building the largest, social casino game publisher on both ...

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Thursday, April 19, 2012

Qualcomm Backs Video Chat Service Tango

San Diego-based Qualcomm is backing a developer of mobile video chat services, Tango, via its Qualcomm Ventures arm, the two companies announced today. According to Tango, it has raised $40M in a Series C funding round, led by Qualcomm Inco...

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Thursday, April 19, 2012

Lifecrowd Finds $5M From Groupon Founders, Others

Santa Monica-based LifeCrowd, the social activities website headed by Bong Koh, has raised $5M in a initial funding round, the company is announcing today. The startup, which offers up a website which helps consumers find fun activities in ...

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Wednesday, April 18, 2012

uSamp Raises $6.0M

Encino-based uSamp, the online panel and sampling firm founded by Matthew Dusig and Gregg Lavin, has raised $6.0M as part of a new funding round, according to a regulatory filing by the firm this week. According to the filing, the funding i...

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Wednesday, April 18, 2012

2tor Gets $10M Line Of Credit

2tor, the provider of online, graduate program and courses which has strong links to the University of Southern California, has scored a $10M revolving line of credit, the firm said today. According to 2tor, the credit line comes from Comer...

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Wednesday, April 18, 2012

Eucalyptus Systems Raises $30M

Santa Barbara-based Eucalyptus Systems, the cloud computing software developer headed by Marten Mickos, has raised $30M in a Series C round of funding, the firm announced this morning. According to Eucalyptus, the round was led by Instituti...

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Wednesday, April 18, 2012

CapLinked Adds Team Accounts

Manhattan Beach-based CapLinked, the developer of an online service to help companies manage their fundraising efforts, said this morning that it has launched a new type of account on the service. The company said its new TEAM subscription ...

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Friday, April 13, 2012

EndPlay Raises $21.5M For Content Management Systems

Los Angeles-based EndPlay, a developer of software-as-a-service offerings for content management, said today that it has raised $21.5M in total funding for the firm. The company said it recently closed a round of funding from VantagePoint C...

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Friday, April 13, 2012

StyleSaint Gets Funding

Venice, California-based StyleSaint, an online site which allows users to create their own collections of styles, photos, and other fashion information, has scored funding from Crosscut Ventures. Details on the funding have not yet been ann...

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Thursday, April 12, 2012

H.Bloom, Backed By Brian Lee, Gets More Funding

New York-based online subscription flower delivery service H.Bloom, whose backers include Los Angeles entrepreneur Brian Lee, who founded ShoeDazzle and LegalZoom, has scored another round of funding, the firm said Thursday. H.Bloom raised ...

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Thursday, April 12, 2012

SkuRun Gets Seeded

Los Angeles-based SkuRun, a startup developer of mobile software used to manage sales, marketing, and other collateral, said Thursday that it has raised a seed round of funding. Size of the round was not announced. The firm said the funding...

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Thursday, April 12, 2012

Tioga Pharmaceuticals Gets $10M

San Diego-based Tioga Pharmaceuticals, a developer of biopharmaceuticals for treating irritable bowel syndrome, said today that it has raised $10M in a Series B funding round. The round was led by Thomas, McNerney & Partners, which also inc...

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Thursday, April 12, 2012

PayDragon Takes On Mobile Payments

Looking to make it easier to pay for local items using their mobile phone, Los Angeles-based PayDragon said today that it has launched its mobile purchasing app in Los Angeles. The startup--headed by Hamilton Chan, and the team behind Pape...

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Thursday, April 12, 2012

Mention Mobile Gets More Funding From Mark Cuban

Los Angeles-based mobile games developer Mention Mobile, a developer of social gaming applications, reported today that it has scored a second round of funding from Mark Cuban. Size of the new investment in the company was not announced. Me...

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Wednesday, April 11, 2012

Insights and Opinions: The Key to Success with Angel Investors

What's the best way to connect with an angel investor, and how do you get them to pay attention to your company? Steve Reich, a Southern California entrepreneur and investor, says it's all about one thing: respecting their culture. In the l...

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Tuesday, April 10, 2012

E-Band Communications Finds New Funding

San Diego-based E-Band Communications, a developer of 80 GHz wireless backhaul products for the 4G and LTE telecommunications network market, said this morning that it has raised a new round of funding.Size of the funding, and source were n...

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Monday, April 9, 2012

WaveTec Vision Gets $16.5M For Cataract Surgery

Aliso Viejo-based WaveTec Vision, which is developing diagnostic devices for cataract surgery, said monday that it has raised $16.5M more in funding. The funding was led by Burrill & Company, and also included Versant Ventures, Accuitive Me...

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Monday, April 9, 2012

Kuapay Takes On Mobile Payments, Loyalty With $2M

Santa Monica-based Kuapay, a new startup aiming at the mobile payments and loyalty markets, has scored $2M in funding, the firm has disclosed. The startup is headed by Joaquin Ayuso de Paul, one of the angel investors in Border Stylo and co...

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Monday, April 9, 2012

DogVacay Gets Direct Competition: Rover.com

Santa Monica-based DogVacay, the online marketplace which helps dog owners connect with pet lovers to help watch their dogs, has some new competition today: Rover.com. According to Seattle-based Rover.com, it has just scored $3.4M from Madr...

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Wednesday, April 4, 2012

WittleBee Raises $2.5M For Children's Clothing Subscriptions

Los Angeles-based WittleBee, the children's clothing site headed by Sean Percival, announced Wednesday afternoon that it has raised $2.5M in a seed funding round. The round was led by Rincon Ventures, and also included SoftTech, Google Ve...

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Wednesday, April 4, 2012

Ranker Finds More Funding

Los Angeles-based Ranker, the online rankings website where consumers can rank anything they like, has scored a new round of funding, in an inside round. Size of the round was not disclosed. The funding came from Siemer Venture Capital, Rin...

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Wednesday, April 4, 2012

Mogreet Gets $4.1M More

Los Angeles-based Mogreet, the provider of mobile video marketing services which is run by James Citron, said this morning that it has raised $4.1M in a strategic investment round. The round was led by Black Diamond Ventures, and also inclu...

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Wednesday, April 4, 2012

Siemer Ventures Backs 3D Fashion Games Startup

Los Angeles-based Siemer Ventures, the venture capital firm linked with investment bank Siemer & Associates, has invested in a Hong Kong 3D games startup, Frenzoo. Financial details of the investment were not announced. Siemer said it inves...

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Tuesday, April 3, 2012

Ayannah Gets Funding For Mobile Payments

Laguna Hills-based Ayannah, a developer of mobile payment products for emerging markets, has scored a round of funding, according to investor Siemer Ventures. Size of the round, and details of other investors, was not announced. Ayannah als...

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Tuesday, April 3, 2012

CapLinked Enhances Search Tools

Manhattan Beach-based CapLinked said this morning that it has enhanced its online service for helping startups to manage their fundraising efforts, with a new tool to help find people. The firm said the new tool is aimed at helping users fi...

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Monday, April 2, 2012

HipSwap Reveals Funding From Greycroft, Founders Fund

Los Angeles-based HipSwap, the online, fashion focused marketplace which launched earlier in March, has revealed that it has raised $1.1M in a seed funding round from the Founders Fund and Greycroft Partners. The firm--which launched at SXS...

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Monday, April 2, 2012

Yet Another LA Incubator Opens: Io/LA

If the Los Angeles accelerator/incubator market is not yet crowded enough, Hollywood-based io/LA opened its doors over the weekend, looking to recruit a class of five to six companies in a three month mentorship program. The new incubator, ...

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Monday, April 2, 2012

Report: Fisker Automotive Boosts Fundraising Plans By $200M More

Irvine-based Fisker Automotive is hoping to raise $200M more in a current funding round, according to a report today, and has now raised around $1 billion in private funding. The report game from GigaOm, which untangled the pile of regulato...

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Thursday, March 29, 2012

Quarterly Gets $1.25M

In yet more money for the subscription e-commerce sector in Los Angeles, Quarterly, a startup which delivers monthly, curated gifts from cultural influencers via subscription, has raised $1.25M in a funding round. The funding was first disc...

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Thursday, March 29, 2012

Praedicat Raises $8.0M, Spins Out Of RAND

Culver City-based Praedicat, a spinout of the RAND Corporation, has raised $8.0M as part of its formation, according to a regulatory filing from the firm this week. The new company--which was announced by the RAND Corporation and Risk Manag...

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Thursday, March 29, 2012

Games2Win Finds New Investor

Games2Win, the provider of online casual games backed by Clearstone Venture Partners, has scored an investment from Nirvana Venture Advisors, according to a number of Indian business publications. The firm is one of the companies which Clea...

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Wednesday, March 28, 2012

Sientra Gains $65M

Santa Barbara-based Sientra, a developer of FDA-approved, silicone breast implants, said Wednesday that it has raised $65M in a Series C funding round. The funding was led by Abingworth, and also included Clarus Ventures, OrbiMed Advisors, ...

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Wednesday, March 28, 2012

Strand Diagnostics Raises $30 Million From NantWorks

Los Angeles-based NantWorks, the business investment and development firm run by billionaire Patrick Soon-Shiong, has invested $30M in Strand Diagnostics, a developer of a diagnostic and DNA testing service for diagnosing cancer. According ...

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Tuesday, March 27, 2012

Mob Science Raises $1M For Social Gaming

San Diego-based Mob Science, a developer of social Facebook games, said this morning that it has raised $1M in a seed funding round. The round came from David Young, the CEO of Joyent, Mark Surfas of GameSpy Industries, along with other ang...

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Tuesday, March 27, 2012

Insights and Opinions: Five by Five Considerations for Raising Capital

For today's Insights and Opinions section, where we feature contributions, opinions, and editorials from members of the Southern California technology community, we have an advice piece from venture capital veteran Jon Funk, who gives fiv...

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Tuesday, March 27, 2012

ImaginAb Raises $12.5M

Los Angeles-based ImaginAb, a UCLA spinout which is developing antibody fragments for use in the diagnostic imaging market, said late last night that it has raised $12.5M in a Series A financing round. The round was led by Novartis Venture ...

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Thursday, March 22, 2012

Anaphore Buys Chinese Firm, Gains $15M In Funding

La Jolla-based Anaphore, a startup biopharmaceuticals developer, said today that it has acquired a Chinese firm, RuiYi Inc., and closed on the second tranche of its Series A financing, worth $15M. Anaphore said it acquired RuiYi to gain acc...

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Wednesday, March 21, 2012

New Incubator, Frost Venture Partners, Targets Big Data

Adding another group to the growing list of Southern California startup accelerators and incubators, a new, Orange County incubator, Frost Venture Partners, looks to be gearing up to tackle the "big data" market. The new incubator, headed b...

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Wednesday, March 21, 2012

Verve Wireless Raises $7.0M

Encinitas-based Verve Wireless, the developer of mobile publishing software used by newspapers and other local publishers to serve up mobile news and ads, has raised $7.0M as part of an ongoing, $10M funding round, according to a regulatory...

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Wednesday, March 21, 2012

PromoJam Raises $1.2M

Los Angeles-based PromoJam, a developer of enterprise, social marketing tools, has raised $1.2M in a Series A investment, the firm said today. The round was led by Golden Seeds, and also included the Band of Angels. According to the company...

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Wednesday, March 21, 2012

Interview with Paul Bricault, Amplify

If you're looking get your startup off the ground in Los Angeles, it always helps to have help from folks with connections to the venture and angel community. One of the accelerators which recently set up shop in town which does is Ampli...

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Wednesday, March 21, 2012

Nuage Raises $500K

Los Angeles-based Nuage, a developer of social business collaboration software, announced this morning that it has raised $500,000 in a funding round. Names of the private investors participating in the funding was not disclosed. The firm s...

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Tuesday, March 20, 2012

Dog Vacay Announces Funding Round

Santa Monica-based Dog Vacay, the online person-to-person marketplace for dog boarding, has formally announced new investors in the firm, who are joining in its $1M seed funding round. The company--which had already disclosed the investment...

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Tuesday, March 20, 2012

Gridtest Systems Gets Seeded

Los Angeles-based Gridtest Systems, a developer of measurement tools for the electric vehicle (EV) market, said this morning that it has raised a seed round of funding from the Pasadena Angels and the Tech Coast Angels. Financial terms of t...

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Monday, March 19, 2012

gen-E Scores Private Equity Investment

San Clemente-based Gen-E, a developer of IT process automation software, said Monday that it has received a private equity investment from Solis Capital Partners. Financial terms of the investment were not disclosed. According to the compan...

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Friday, March 16, 2012

Crosscut Ventures Raising Second Fund

Los Angeles-based Crosscut Ventures, the early stage, venture capital investment firm run by Rick Smith and Brian Garrett, looks to be kicking off a new fund, according to an SEC filing this week. Details on the fund size were not included ...

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Thursday, March 15, 2012

Live Nation Sets Up Venture Investment Fund

Los Angeles-based ticketing and concert management firm Live Nation is getting into the early stage investment business, announcing Wednesday that it has established the LN Labs Fund, which will invest in early stage technologies and entrep...

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Thursday, March 15, 2012

Mark Burnett Invests In Youtoo

Los Angeles-based reality show producer Mark Burnett, and his company One Three Television LLC announced this morning that it has taken an ownership interest in startup Youtoo. Youtoo operates an online site which allows viewers to upload v...

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Monday, March 12, 2012

HemaQuest Pharmaceuticals Gets $13M

San Diego-based HemaQuest Pharmaceuticals said today that it has raised $13M in a Series B funding. The firm, which is developing small molecule therapeutics for treating hemoglobin disorders such as sickle cell disease, said the funds come...

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Monday, March 12, 2012

Allylix Raises $18.2M

San Diego-based Allylix, developer of chemicals used for the flavor and fragrance, food, cosmetics, and other markets, has raised $18.2M in a funding round, according to lead investor BASF Venture Capital GmbH. According to BASF, it invest...

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Friday, March 9, 2012

Quest Software To Go Private In $2.0 Billion Deal

Aliso Viejo-based Quest Software plans to go private, in a deal worth $2.0 billion, the firm said this morning. According to Quest, it has reached a deal with Insight Venture Partners, where shareholders will get $23.00 per share to make th...

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Thursday, March 8, 2012

NationBuilder Raises $6.3M

Los Angeles-based NationBuilder, a startup developing an online system to help political candidates and other organizations to create web sites, organize volunteers, coordinate campaigns, and more, said Thursday that it has raised $6.3M in ...

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Thursday, March 8, 2012

Oblong Industries Raises Series B

Los Angeles-based Oblong Industries, the developer of gesture-based user interfaces which inspired the UI in the movie The Minority Report, has raised a Series B round of funding. Size of the round was not announced. The funding came from M...

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Thursday, March 8, 2012

Triptrotting Raises $1M

Pasadena-based Triptrotting, which operates an online service to help connect travelers with local hosts, has raised $1M in a Series A funding, the firm said this morning.The funding came from Google Ventures, Mark Suster, 500 Startups, WI ...

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Wednesday, March 7, 2012

USC Stevens Gives $498,700 To Six Projects

In a bid to spur more startups out of the University of Southern California, the USC Stevens Institute for Innovation said Wednesday that it has awarded $498,700 to six research projects. The USC Stevens Institute--which was founded with si...

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Wednesday, March 7, 2012

Eccentex Raises $7.5M

Culver City-based Eccentex, a developer of a software-as-a-service, enterprise business process management product, has raised $7.5M in an equity funding. The funding came from VTB Capital. Eccentex, which is led by Glen E. Shrank, the form...

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Wednesday, March 7, 2012

Sequent Medical Raises $26.0M

Aliso Viejo-based Sequent Medical, a developer of medical devices used to treat aneurysms, has raised $26.0M in a venture financing round. The firm said the Series C was led by Delphi Ventures, and also included Versant Ventures, US Venture...

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Tuesday, March 6, 2012

LAUNCH Conference Tops $1M In Prizes

The LAUNCH Conference, the technology startup launch conference organized by Mahalo CEO Jason Calacanis, has just surpassed $1 million in prizes, Calacanis said Tuesday afternoon. The conference--which has been stacking up prizes all month-...

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Tuesday, March 6, 2012

SignNow Raises $2M For iPad Signature App

Newport Beach-based SignNow, a developer of iPad applications which allows users to legally sign documents from the Apple device, said today that it has raised $2M in a Series A funding round. The round was led by Khosla Ventures. SignNow i...

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Tuesday, March 6, 2012

Domain Associates Inks $760M Deal With Russian Fund

San Diego-based life sciences investor Domain Associates has inked a unique lifeline for the later stage life sciences companies its its portfolio: it's brokered a deal worth more than $760M, to help fund its portfolio firms from the Russia...

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Tuesday, March 6, 2012

Aragon Pharmaceuticals Scores $42M

San Diego-based Aragon Pharmaceuticals reports this morning that the firm has raised $42M in a Series C, funding round. The firm, which is developing treatments targeting hormone-driven cancers, said the round was led by Topspin Fund, the i...

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Monday, March 5, 2012

Nasty Gal Gains $9M For Online Fashion

Los Angeles-based Nasty Gal, an online fashion retailer which focuses on vintage clothing, said Monday that it has raised $9M in a funding round. The round came from Index Ventures. Nasty Gal is led by Sophia Amoruso, who started the compan...

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Friday, March 2, 2012

Report: Machinima Seeking $50M In Funding

Los Angeles-based online content producer Machinima, which produces videogame related content for YouTube, is reportedly seeking $50M in funding, at a $200M to $250M valuation, according to reports today. The firm, which is led by Allen DeB...

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Thursday, March 1, 2012

Shea Ventures Backs SolarCity

Shea Ventures, the venture capital arm of Orange County homebuilder Shea Homes, has boosted its solar installation partner SolarCity, as part of an $81M equity investment in SolarCity. According to SolarCity, the big funding round was led b...

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Wednesday, February 29, 2012

Yammer Dwarfs Parent Geni In Fundraising Round

In the case of the kid getting much (much) larger than its parent, Yammer, the one time spinout of Los Angeles-based genealogy and family tree website Geni, has now squarely out-raised venture capital than its parent firm, saying Wednesday ...

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Tuesday, February 28, 2012

GoodRx Gets Funding, Launches Drug Comparison Site

Santa Monica-based GoodRx, a new startup backed by Founders Fund, GRP Partners, Highland Capital, SV Angel, Lerer Ventures, Dawn Lepore (drugstore.com), and Mike Ovitz, has launched its services, saying that it will allow users to compare p...

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Monday, February 27, 2012

XCOR Aerospace Raises $5M

Mojave-based XCOR, which is developing reusable, rocket powered vehicles aimed at the commercial space market, said Monday that it has raised $5M in an equity round of funding. The funding came from Silicon Valley angels Esther Dyson, Pete ...

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Monday, February 27, 2012

Luxtera Adds $21.7M

Carlsbad-based Luxtera, which develops silicon CMOS photonic semiconductors, announced this morning that it has raised $21.7M in a Series C funding round. The round came from current investors NEA, August Capital, Sevin Rosen, Funds, and Lu...

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Monday, February 27, 2012

Meteor Entertainment Raises $10M

Meteor Entertainment, a developer of a downloadable, online shooting game called Hawken, has raised $10M in funding, according to reports. Source of the funding included Benchmark Capital and FirstMark Capital. Hawken is being developed by ...

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Monday, February 27, 2012

Punchcard Raises $1M

Pasadena-based Punchcard, the newly launched startup developing mobile, loyalty programs for retailers, said this morning that it has raised $1M from Idealab. Punchcard, which is headed by Andy Steuer, offers up iPhone and Android apps whic...

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Friday, February 24, 2012

Milyoni Finds Funding, Sets Up LA Office

A Bay area developer of social entertainment applications for Facebook, Milyoni, said Friday that it has scored $11M in a funding round, in part to open up an office in Los Angeles. The firm said the Series B funding was led by Oak Investme...

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Thursday, February 23, 2012

Fanattac Gets $1M, Tackles Social Media, Music

Hollywood-based Fanattac, a developer of an online, social media platform which looks to connect music fans and artists, has raised $1M in a funding round. The firm, which is headed by Dan Faiman, did not disclose the names of the investors...

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Wednesday, February 22, 2012

mobileStorm Gets Debt Funding

Los Angeles-based mobileStorm, the provider of mobile messaging and email marketing services headed by Jared Reitzin, has scored a venture debt funding, according to provider Agility Capital. Financial details of the funding and terms were ...

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Tuesday, February 21, 2012

Qualcomm Life Invests In Wireless Healthcare Firm

San Diego-based Qualcomm Life, the wireless health-focused subsidiary of Qualcomm, reported today that it has made an investment in wireless healthcare startup AirStrip Technologies. Financial details of the investment were not disclosed. Q...

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Friday, February 17, 2012

OWL Biomedical Raises $3.0M

Santa Barbara-based OWL Biomedical, a developer of microchip-based disposable cell sorting technology for the biomedical industry, has raised $3.0M, part of an ongoing funding with a target of $16.8M, according to regulatory filings. OWL is...

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Friday, February 17, 2012

Greycroft, Local Angels Back Fight My Monster

Los Angeles- and New York-based venture firm Greycroft Partners has backed a UK-based developer of an online, card trading game called Fight My Monster, the firm said Thursday. Financial terms of the investment were not disclosed. Other inv...

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Friday, February 17, 2012

July Systems Raises $15M

Los Angeles-based July Systems, a developer of mobile, cloud-based applications, said Thursday that it has raised $15M in an equity funding round. The round was led by Updata Partners, and also included Intel Capital and WestBridge Capital....

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Thursday, February 16, 2012

The Backplane Snags Investors

The Backplane, a developer of online community software, which is best known for its work creating Lady Gaga's #Little Monsters website, said Thursday that it has raised $4.5M in a funding round. The round include Sequoia Capital, Greylock ...

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Thursday, February 16, 2012

CODA Automotive Raises $21.5M, Targets $150M In New Financing

Santa Monica-based CODA Automotive, the developer of electric vehicles and battery systems, has raised $21.5M in new, equity funding, with plans to raise a total of $150M, according to a regulatory filing by the firm this week. The funding ...

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Thursday, February 16, 2012

Celladon Gets $43M For Heart Failure Treatments

La Jolla-based Celladon Corporation, a developer of biopharmaceuticals targeting cardiovascular disease, said Wednesday afternoon that it has raised $43M in a financing round. The round was led by Pfizer Venture Investments, and also includ...

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Wednesday, February 15, 2012

Tech Coast Angels Fuel $45M In Deals In 2011

The Tech Coast Angels, the largest organized angel investment group in Southern California--and the nation--said Wednesday that it was part of $45M in funding in companies during last year, with $11M directly invested across 37 companies du...

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Wednesday, February 15, 2012

Scripted.com Finds $150K

Scripted.com, the online marketplace for freelance writers which has a number of Southern California angel investors, said Wednesday that it has raised another $150,000 in funding. The firm--which grew out of the efforts of USC and UCLA gra...

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Wednesday, February 15, 2012

Greycroft Adds Venture Partner Covering LA

Venture capital firm Greycroft Partners, which is fairly active in the Los Angeles area, said today that it has added a new venture partner, who will spend time in both New York and Los Angeles. The firm said it has added Bo Peabody as Vent...

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Wednesday, February 15, 2012

FileTrek Raises $10M

Los Angeles-based FileTrek, a developer of cloud-based, enterprise, file sharing and tracking software, said today that it has raised $10M in a Series B funding round. The round was led by Anthem Venture Partners, Telesystem, and the Ontari...

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Tuesday, February 14, 2012

Parchment Finds $6M

Parchment, the startup which operates Docufide, a service to help transfer high school transcripts to colleges and universities, said Monday that it has raised $6M in funding. Parchment--which started in Los Angeles, and continues to have o...

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Thursday, February 9, 2012

Qualcomm Backs Mobile Healthcare Firm

San Diego-based Qualcomm has backed a developer of remote, healthcare monitoring devices. According to AirStrip Technologies, a developer of medical devices which can be used to remotely monitor the heart EKGs, blood pressure, temperature, ...

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Wednesday, February 8, 2012

Startup Looks To Take On United Online's Classmates.com

A new startup emerged Tuesday with its target on United Online's Classmates.com service, hoping to connect people with their high school classmates. Silicon Valley-based SchoolFeed said it raised $1.75M to create a new service which helps p...

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Tuesday, February 7, 2012

Viddy Sees $6M

Venice, California-based Viddy, a developer of social video sharing applications for mobile phones, has raised $6M in a new funding round. The round was led by Battery Ventures, and also included Qualcomm and Greycroft Ventures. Viddy is he...

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Tuesday, February 7, 2012

Report Tallies $7.7 Billion In SoCal IT Exits In 2011

A new report released today tallies up $7.7 billion in IT exits in 2011, the highest since 2000, for Southern California IT firms. The report--compiled by Ocean Road Partners--included both venture-backed and self-financed information techn...

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Tuesday, February 7, 2012

Applied Proteomics Raises $22.5M

San Diego-based Applied Proteomics, which is developing personalized medicine applications, said today that it has raised $22.5M in a Series B funding, and moved its headquarters to San Diego. The funding came from Domain Associates, Vulcan...

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Tuesday, February 7, 2012

Cynvenio Biosystems Raises $2.0M, Gets NCI Contracts

Westlake Village-based Cynvenio Biosystems, which is developing molecular diagnostics systems for cancer, announced this morning that it has received $2.0M in financing, plus scored two Small Business Innovative Research (SBIR) contracts fr...

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Monday, February 6, 2012

LAUNCH Conference Prize Money Hits $151K

The prize money for Jason Calacanis' LAUNCH Festival technology conference has hit $151,000, after early stage venture investor Venture51 agreed to invest $51,000 in the winner of the conference's "Best in Show" award. Calacanis--who is the...

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Friday, February 3, 2012

Leads360 Gets $15M For Sales Lead Software

Los Angeles-based Leads360, the developer of leads management software headed by Nick Hedges, said this morning that it has raised $15M in new funding. The round was led by Volition Capital, and also included Rustic Canyon Partners. Accordi...

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Thursday, February 2, 2012

StyleHaul Raises $4.4M

Los Angeles-based StyleHaul, an online video network focused on fashion and beauty, said today that it has raised $4.4M in a Series A funding round. The round was led by RezVen Partners, and also included Juvo Capital, Siemer Ventures, Tami...

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Thursday, February 2, 2012

Steamboat Ventures Cuts US Investment Efforts

In yet more attrition from Southern California's venture capital ranks, Burbank-based Steamboat Ventures, the venture capital arm of the Walt Disney Company, looks to have sharply pulled back on its U.S. investment efforts. According to the...

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Thursday, February 2, 2012

Little Black Bag Launches With Backing From GRP, DCM

Los Angeles-based startup Little Black Bag, a new e-commerce startup backed by GRP Partners and DCM, said this week that it has launched its online shopping site--a play on the Japanese concept of "fukobukuro". The startup said it lets shop...

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Thursday, February 2, 2012

Numecent Raises $2M

Irvine-based Numecent, a stealth-mode, cloud computing firm run by Osman Kent, said yesterday that it has raised $2M as part of a Series A financing round. The firm said the tranche is part of a $10M, Series A funding round. Names of the in...

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Thursday, February 2, 2012

Response Genetics Gets $7.8M In PIPE

Los Angeles-based Response Genetics, a developer of diagnostics test for cancer, said today that it has raised $7.8M in a private placement. The publicly traded firm did not disclose the name of its new investors. The firm said it sold appr...

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Wednesday, February 1, 2012

Social Rewards Gets $600K

Los Angeles-based Social Rewards, which operates an online, loyalty program which rewards users for social media activity for brands, has raised $600,000 in a seed funding round. The round came from the Tech Coast Angels, as well as Jeff La...

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Wednesday, February 1, 2012

M86 Security Raises $13.6M

Irvine-based M86 Security, a developer of web security gateways and filtering devices, has raised $13.6M in a funding round, according to a regulatory filing by the firm this week. Details on the funding have not been announced by the compa...

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Tuesday, January 31, 2012

Rustic Canyon Backs Social Babysitting Service UrbanSitter

Los Angeles-based venture capital investor Rustic Canyon Partners is backing the developer of a service which uses parents' social graphs to help connect them with babysitters. According to San Francisco-based UrbanSitter, it has raised $1....

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Tuesday, January 31, 2012

InTouch Health Gains $6M From iRobot

Santa Barbara-based InTouch Health, a developer of remote presence technology and robotics for the healthcare market, has scored a $6M investment from iRobot. iRobot said the investment gives it a minority position in InTouch, and is an exp...

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Monday, January 30, 2012

SAIL Venture Partners Extends To Canada

Costa Mesa-based SAIL Capital Partners, the clean technology investor, said today that it has created a joint venture in Canada, to invest in early stage cleantech companies. SAIL said that the move comes as part of a joint venture with a C...

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Wednesday, January 25, 2012

BeachMint Gets $35M More

Santa Monica-based BeachMint, the e-commerce firm founded by Josh Berman and Diego Berdakin, has raised $35M in another round of funding, the firm said Wednesday, led by Accel Partners, and also including Goldman Sachs, New World Ventures, ...

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Tuesday, January 24, 2012

Gobbler Gets $7.5M

Los Angeles-based Gobbler, an online media storage service focused on media creators, has raised $7.5M in funding, the firm said this week. The round came from ff Venture Capital, Black Ocean Group, Aber Whitcomb, Dan Rose, Mike Jones, Jerm...

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Tuesday, January 24, 2012

LuxeYard Scores $3.5M, Takes On Flash Deals For Furniture

Los Angeles-based LuxeYard, a new flash sales site featuring furniture and home decor, announced today that it has raised $3.5M in funding, and has launched its service. The firm said it will provide home furnishings an design products at a...

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Friday, January 20, 2012

Rustic Canyon Gets Quick Exit At Mertado

Los Angeles-based venture capital firm Rustic Canyon Partners has scored a quick exit at Redwood City-based Mertado, after Mertado said Friday that it has been acquired by daily deals site Groupon. Financial terms of the acquisition were no...

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Friday, January 20, 2012

HitFix Closes Funding Round

Los Angeles-based HitFix, the online film, TV, and entertainment news site founded by Gregory Ellwood and Jennifer Sargent, said today that it has closed a funding round. Size of the round was not announced. Hitfix said the round included i...

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Tuesday, January 17, 2012

MalibuIQ, HRL Team On Commercialization Effort

Malibu-based MalibuIQ and HRL Laboratories, the former research and development arm of Hughes Aircraft which was previously known as Hughes Research Laboratories, said Tuesday that they have tied together to commercialize inventions and IP ...

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Tuesday, January 17, 2012

SG Biofuels Raises $17M

San Diego-based SG Biofuels, a developer of hybrid seeds of Jatropha for the biofuels and specialty chemicals business, said that it has raised $17M in a Series B funding. The funding was led by Thomas, McNerney & Partners, and also include...

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Tuesday, January 17, 2012

Contour Energy Scores Funding From In-Q-Tel

Azusa-based Contour Energy Systems, which is developing next generation battery systems, is announcing today that it has scored a strategic investment from In-Q-Tel, the investment arm of the CIA and other U.S. intelligence agencies. Amount...

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Wednesday, January 11, 2012

Tealium Gets $1.1M

San Diego-based Tealium, a startup developing software which automatically loads tags onto web pages, said Tuesday that it has raised $1.1M in its Series A financing. The round came from angels Jeff Lunsford (Limelight Networks), Jim MacInt...

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Wednesday, January 11, 2012

CapLinked Adds $500K

Manhattan Beach-based CapLinked has scored another $500,000 in angel funding, for the firm's online software for managing capital raising activities. The new funding came from angels Clark Landry, Lok Lee, Stephan Paternot, Jason Portnoy, A...

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Wednesday, January 11, 2012

Payoff.com Ups Funding To $5.8M

Los Angeles-based Payoff.com, the online personal finance site headed by Scott Saunders, has confirmed it has raised $2.0M in a venture round today, upping its total raised for the company to $5.8M. The funding came from Anthemis Group, Fir...

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Wednesday, January 11, 2012

Arena Pharmaceuticals Gets $33M In PIPE

San Diego-based Arena Pharmaceuticals, which is developing weight loss and other drugs, said this morning that it has raised $33M in a financing. The publicly held firm said the Series D funding round came from Deerfield Management, a healt...

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Tuesday, January 10, 2012

Fisker Automotive Quietly Adds $110M in Funding

Anaheim-based Fisker Automotive has just added another, $110M in its Series D-1 financing, according to a regulatory filing by the firm this week, taking its total raised to somewhere North of $876M. The electric auto company has not detail...

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Monday, January 9, 2012

Payoff.com Gets $2.0M

Los Angeles-based Payoff.com, the online personal finance website aimed at helping consumers pay of their debt, has raised $2.0M more in funding, according to a regulatory filing by the firm. The site, headed by Scott Saunders, uses social ...

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Monday, January 9, 2012

MicroPower Lands Funding From Motorola

San Diego-based MicroPower Technologies, the developer of wireless video products used for the video surveillance market, has scored a strategic investment from Motorola Solutions Venture Capital. According to Motorola, the funding came as ...

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Monday, January 9, 2012

Wemo Media Gets $2M For TheBlu

Los Angeles-based Wemo Media, the company led by Neville Spiteri which is developing the interactive ocean environment TheBlu, said today that it has raised $2M in a seed funding round for the firm. The firm did not announce the investors i...

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Monday, January 9, 2012

Uptake Medical Raises Series C

Tustin-based Uptake Medical, the developer of treatments for emphysema led by R. King Nelson, announced today that it has raised a Series C funding round. Size of the round was not announced. The round was led by Crescent Point Group (Singa...

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Friday, January 6, 2012

Brand Affinity Technologies Raises $4.5M

Irvine-based Brand Affinity Technologies, the online advertising and celebrity sports endorsements startup headed by Ryan and Chad Steelberg, has raised $4.5M as part of an ongoing, $7.0M funding round, according to a filing from the firm t...

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Friday, January 6, 2012

dinCloud Gets Seeded

Los Angeles-based dinCloud, a provider of a hosted, virtual desktop service, said Thursday that it has received a seed round of funding. Size of the funding, and source, was not announced. The firm said the funding will go to grow its core ...

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Thursday, January 5, 2012

San Diego Tech Coast Angels Honor John G. Watson With Memorial Fund

The San Diego chapter of the Tech Coast Angels, the largest angel investment group in Southern California, as well as the United States, said today that it has established a new, memorial fund, the John G. Watson Foundation, which will supp...

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Thursday, January 5, 2012

Nimble Gets $1M From Google, Mark Cuban

Santa Monica-based Nimble, the developer of online, contact and relationship management software headed by Jon Ferrara, the former founder of Goldmine, said last night that it has raised $1M in a seed funding round. The round was led by Goo...

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Wednesday, January 4, 2012

NeuroGenetic Pharmaceuticals Scores Investment

San Diego-based NeuroGentic Pharmaceuticals, a firm development treatments for Alzheimer's disease, said today that it has scored an investment round from Abbot Biotech Ventures. Size of the round was not announced. NeuroGenetic said the in...

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Wednesday, January 4, 2012

Seismic Games Gains $2M

Los Angeles-based Seismic Games disclosed today that it has raised $2.0M in a first round of funding. The funding came from DFJ Frontier and venture capitalist Tom Matlack. Seismic Games was co-founded by Greg Borrud, Eric Gewirtz, and Chri...

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Wednesday, January 4, 2012

Elevation Pharmaceuticals Raises $30M

San Diego-based Elevation Pharmaceuticals, which is developing treatment for patients with chronic obstructive pulmonary disease (COPD), said this morning that it has closed on a $30M, Series B funding round. The round was led by Novo Ventu...

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Tuesday, January 3, 2012

VC Exits Down In 2011, Says Report

The number of exits by U.S., venture backed companies was down in 2011, according to Dow Jones VentureSource, which said today that it tallied a total of 522 mergers, acquisitions, buyouts, and IPOs during the year. Dow Jones said that thos...

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Thursday, December 29, 2011

Clean Energy Fuels Gets $150M in PIPE

Seal Beach-based Clean Energy Fuels, an operator of natural gas fueling stations, said this morning that it has received more than $150M from investors. The firm said the funds came from Boone Pickens, as well as RJ Capital, Seatown Holding...

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Wednesday, December 21, 2011

NexSteppe Raises $14M For Biofuels Tech

Malibu-based NexSteppe, a firm developing renewable feedstocks for the biofuel industry, announced today that it has raised $14M in a Series B round of funding. The funding was led by Braemer Energy Ventures, along with CYM Ventures and Zyg...

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Tuesday, December 20, 2011

Razer Lands $50M For Gaming Accessories

Carlsbad-based Razer, the maker of videogame accessories, announced this morning that it has raised $50M in a venture funding round, its first round of venture capital funding. The funding was led by IDG-Accel China Capital Fund. According ...

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Monday, December 19, 2011

Aviir To Raise Up To $30M

Irvine-based Aviir, a venture-backed biotech firm targeting cardiac disease assessment, said late Monday that it has reached an agreement to raise up to $30M in a financing round. The firm said the round includes an initial $10M, plus up to...

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Monday, December 19, 2011

EnVerv Gets $12M For Smart Grid Chips

EnVerv, a developer of semiconductors used for the smart grid metering industry which has offices in San Diego, said this morning that it has raised $12M in a round of funding. The funding was led by Benchmark Capital, and also included pri...

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Wednesday, December 14, 2011

Eisner Backs TaskRabbit

Michael Eisner, the former CEO of the Walt Disney Company, has backed TaskRabbit, the operator of an online marketplace to help connect people with workers to do any number of tasks. According to TaskRabbit, Eisner has agreed to become an a...

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Wednesday, December 14, 2011

Sotera Wireless Raises $12.2M

San Diego-based Sotera Wireless, a developer of wireless vital signs management products has raised $12.2M in a Series D funding. The firm said the round included new investor Cerner Capital, and also included Sanderling Ventures, Qualcomm ...

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Wednesday, December 14, 2011

KidZui Lands $2.4M More, Launches Original Video Efforts

San Diego-based KidZui, the developer of a service which provides kid-safe content via a search engine and browser, announced this morning that it has raised $2.4M in new funding, and will start creating its own, original video content. The...

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Wednesday, December 14, 2011

Amplify Joins Accelerator Crowd

Venice Beach-based Amplify, a new startup accelerator headed by Paul Bricault and Richard Wolpert, has uncloaked itself this morning, the latest in a string of startup accelerators in Southern California. Bricault is a Venture Partner at Gr...

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Wednesday, December 14, 2011

Qualcomm Leads Investment In PowerCloud

San Diego-based Qualcomm, via its venture capital arm, Qualcomm Ventures, is the lead investor in a developer of software for applying cloud technologies to networks. Palo Alto-based PowerCloud Systems said it raised a $6M, Series B funding...

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Wednesday, December 14, 2011

Qualcomm Leads Investment In PowerCloud

San Diego-based Qualcomm, via its venture capital arm, Qualcomm Ventures, is the lead investor in a developer of software for applying cloud technologies to networks. Palo Alto-based PowerCloud Systems said it raised a $6M, Series B funding...

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Tuesday, December 13, 2011

Party Earth Finds $4.0M

Los Angeles-based Party Earth, a new startup focused on connecting people to bars, night clubs, lounges, and other night life, announced today that it has raised $4.0M in a funding round. Source of the new funding was not announced. Party E...

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Tuesday, December 13, 2011

Legend3D Scores $19M

San Diego-based Legend3d, a developer of 2D to 3D movie conversion technology, has raised $19M in a Series E funding round. The firm said the round was led by Northwater Capital Management, and also included prior investors PAR Investment P...

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Tuesday, December 13, 2011

Encompass Digital Media Acquired By Private Equity Firm

Los Angeles-based Encompass Digital Media, a provider of digital media services to the broadcast and cable television market, said this morning that it is in a deal with private equity Court Square Capital Partners, where Court Square will ...

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Monday, December 12, 2011

Ecomom Raises $4M

Los Angeles-based Ecomom, an online retailer focused on organic food, eco-friendly clothing, and other similar products for children, headed by Jody Sherman, has raised $4M, according to reports. The funding came from Cue Ball Capital, plus...

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Friday, December 9, 2011

USC: $380M Raised In Last 3 Years By USC Spinouts

A new study compiled by the University of Southern California tallies up $380M raised in capital by USC spinouts in the last three years, and a 15 year total of $800M raised by 39 startups with roots at the school. The study, conducted by t...

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Tuesday, December 6, 2011

Start Engine Creates $15M Fund, Adds Governor Gray Davis As Advisor

Los Angeles-based Start Engine, the business accelerator being spearheaded by Activision co-founder Howard Marks, said today that it has created a new, $15M investment fund for its portfolio of startups, and added former Governor Gray Davis...

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Tuesday, December 6, 2011

Gehry Technologies Lands $10M For Architecture Software

Los Angeles-based Gehry Technologies, a developer of architectural design software co-founded by architect Frank Gehry, announced Tuesday that it has raised $10M in a Series B financing round. The firm said the round was led by Autodesk, an...

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Tuesday, December 6, 2011

Tribogenics Lands $2.5M For Portable X-ray Technology

Los Angeles-based Tribogenics, a startup working on technology to bring elements of Star Trek's "tricorder" to life, said this morning that it has raised $2.5M in a venture funding round. The firm, a spinoff of UCLA whose technology has bee...

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Tuesday, December 6, 2011

Cooking.com Gets $13.5M

Marina del Rey-based Cooking.com has raised $13.5M in a debt and preferred equity round of funding, according to investment firm BIA Digital Partners II, LP. BIA said that the round also included primary equity backer Azure Capital Partners...

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Monday, December 5, 2011

H2Scan Raises $5.5M

Valencia-based H2scan, which develops hydrogen leak detection systems, looks to have raised $5.5M in a funding round, according to a regulatory filing from the firm. The filing says that the round first opened in April of 2011, and included...

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Monday, December 5, 2011

Qualcomm Launches Medical Devices Subsidiary, $100M Fund

San Diego-based Qualcomm announced this morning that it has created a new, wholly owned subsidiary called Qualcomm Life, which will focus on wireless solutions for the medical devices market. The new subsidiary will also backed by a new, ve...

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Friday, December 2, 2011

Tech Coast Angels Invests In Teenage Design Community

The Tech Coast Angels, the largest organized angel investment group in Southern California, has made an investment in Define My Style, an online community focused on teenagers, to the tune of $140,000. Other investors in the $600,000 seed s...

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Friday, December 2, 2011

SteelHouse Raises $6.3M In Series B

Los Angeles-based StellHouse, a developer of e-commerce software, said this morning that it has raised $6.3M in a Series B funding round. The round came from Greycroft Partners, Rincon Venture Partners, Lighthouse Venture Group, Baroda Vent...

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Thursday, December 1, 2011

CapLinked Revamps Site With New Features

Manhattan Beach-based CapLinked said this week that it has made some major updates to the site, overhauling and improving the online service for managing investment activity for companies and deal tracking for investors. The firm said that ...

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Thursday, December 1, 2011

Former Miramar Ventures' Partner Goyal Heads New $50M Healthcare IT Fund

Maneesh Goyal, formerly a venture capitalist at Corona Del Mar-based Miramar Venture Partners, is now officially head of his own fund--a $50M, healthcare IT fund called MergerTech Capital. The fund, part of investment banking firm MergerTec...

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Thursday, December 1, 2011

GRP Partners Leads Investment In Awe.sm

Los Angeles-based GRP Partners is one of the lead investors in a developer of social media analytics software, Awe.sm, Awe.sm said Thursday. Awe.sm has raised $4M in a round which was led by Foundry Group and GRP Partners, and which also in...

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Thursday, December 1, 2011

Kofax Invests In Mobile Software Firm Mobiflex

Irvine-based Kofax said late Wednesday that it has invested $500,000 in Mobiflex, a developer of software tools for creating iPhone and Android apps without coding. Kofax said the deal includes an OEM agreement where it will gain exclusive ...

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Wednesday, November 30, 2011

Harbor MedTech Raises $600K For Wound Healing Technology

Orange County-based Harbor MedTech, a developer of wound healing technology, has raised $600,000 in a funding round from private investors, the firm disclosed today, to help the firm grow and further develop its products. Harbor MedTech is ...

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Wednesday, November 30, 2011

Burstly Raises $5.5M More

Los Angeles-based Burstly, the mobile advertising startup headed by Evan Rifkin, has raised $5.5M in a Series B round, according to the company. The round came from GRP Partners, Rincon Venture Partners, and SoftBank. Rifkin is the former f...

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Wednesday, November 30, 2011

Local Angels Back Scripted.com

A number of Southern California angel investors, including Jody Mulkey, the CIO of Shopzilla, have backed Scripted.com, a new online marketplace for freelance writers. According to Scripted.com, it raised $700,000 in a seed financing round,...

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Wednesday, November 30, 2011

Endeka Group Lands $4.2M In Venture Debt

San Diego-based Endeka Group, a provider of wireless Internet services, announced this morning that it has raised $4.2M in a venture debt round. The round came from Agility Ventures and Trinity Capital. According to the firm, the funding wi...

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Tuesday, November 29, 2011

Onestop Internet Gets $9.5M

Rancho Dominguez-based OneStop Internet, which develops e-commerce websites for fashion brands, including True Religion, John Varvatos and Seven For All Mankind, has raised $9.15M in a strategic investment round, the firm said Tuesday. The ...

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Tuesday, November 29, 2011

Soraa Raises $88.6M For Solid State Lighting

Goleta-based Soraa, one of the LED research firms spun out of U.C. Santa Barbara and the labs of blue LED inventor Shuji Nakamura, has raised $88.6M in a funding, according to a regulatory filing from the firm today. The filing indicates th...

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Tuesday, November 29, 2011

AcuFocus Sees $65M

Irvine-based AcuFocus, a maker of corneal inlays for treating presbyopia, announced this morning that it has raised $65M in a funding round. The ronud was led by Cowen Healthcare Royalty Partners, and also included SV Life Sciences, Versant...

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Tuesday, November 29, 2011

Network Optix Snags $750K In Seed Funding

Burbank-based Network Optix, a startup developing video transport, management, and display technology, said this morning that it has raised $750,000 in a seed funding. The firm said the convertible debt round came from Jor Law, Veracity, Ha...

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Wednesday, November 23, 2011

Puma Biotechnology Raises $60M

Los Angeles-based Puma Biotechnology, a developer of biopharmaceuticals aimed at treating cancer, said this morning that it has completed a second tranche of a $60M private financing. The company said that Leerink Swann LLC was the lead pla...

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Thursday, November 17, 2011

DriveCam Raises $85M, Acquires Firm

San Diego-based DriveCam, a provider of video-based products used for monitoring driver safety, announced today that it has raised $85M in a funding from a private equity firm, and also acquired a company, RAIR Technologies. The funding cam...

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Thursday, November 17, 2011

Postcard On The Run Gets $750K From Selena Gomez, Others

Los Angeles-based Postcard on the Run, the startup headed by Josh Brooks, announced this morning that it has raised $750,000 in an angel round, which included actress Selena Gomez, Crosscut Ventures, Mike Jones, Yves Sisteron, Chris DeWolfe...

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Wednesday, November 16, 2011

Thismoment Raises $7.3M

Thismoment, a developer of software aimed at digital marketing for brands and ad agencies, said this week that it has raised $7.3M in a funding round. The firm, which has operations in both San Francisco and Los Angeles, said the funding ca...

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Wednesday, November 16, 2011

ServiceMesh Lands $15M

Santa Monica-based ServiceMesh, a developer of cloud computing management software, announced today that it has raised $15M in a funding round. The round came from Ignition Partners. Servicemesh is headed by former venture capitalist Eric P...

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Wednesday, November 16, 2011

Domain, Versant Score Exit At Clovis Oncology

Two, Southern California venture investors have scored an exit this morning with the IPO of Clovis Oncology. San Diego's Domain Associates and Newport Beach-based Versant Ventures are both significant investors in Clovis, which priced its I...

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Tuesday, November 15, 2011

Redpoint's Fouad ElNaggar Departs Firm

In another switchup for venture capital firm Redpoint Ventures efforts in Southern California, Fouad ElNaggar, who had been covering Redpoint's investment efforts in Los Angeles, has departed the firm. ElNaggar quietly left the firm in Octo...

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Tuesday, November 15, 2011

PortfolioDashboards.com Takes On Investment Tracking

Orange County-based PortfolioDashboards.com, a developer of software for providing updates and information to angel and other investors, launched today, saying that it is looking to provide angel investors and venture capitalists with regul...

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Tuesday, November 15, 2011

Domain Associates Boosts Biomarker Firm

San Diego-based biotech venture investor Domain Associates is the lead investor on a biomarker firm, targeting the detection of preterm birth and other pregnancy complications. According to Sera Prognostics today, it has raised $19.3M in a ...

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Thursday, November 10, 2011

Miramar's Maneesh Goyal Departs Firm

Corona del Mar-based venture capital investment firm Miramar Venture Partners is losing one of its Managing Director, Maneesh Goyal, who is departing to a new early and growth stage healthcare technology investment firm. Goyal told his cont...

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Thursday, November 10, 2011

Clearstone Gets Exit At Apture

Santa Monica-based venture capital firm Clearstone Ventures has scored an acquisition in its portfolio today, with the acquisition of Apture by Google. Apture announced the acquisition on its website Thursday, but did not disclose any finan...

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Wednesday, November 9, 2011

Mavenlink Confirms $3.9M Fundraising

Irvine-based Mavenlink, a developer of software tools for managing projects with clients, contracts, and consultants, has raised $3.9M in funding from Quest Software and Madden Capital Partners, according to the firm today. Mavelink, which ...

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Wednesday, November 9, 2011

Idealab Funds Mingly

Pasadena-based Idealab has led a round into LA-spawned Mingly, a developer of software which connects Gmail with a user's social networks. Mingly said it raised $500,000 in a seed round of financing from Idealab, Allen Morgan, Alex Karelin,...

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Wednesday, November 9, 2011

Phorus Takes $2M For Wireless Home Audio

Los Angeles-based Phorus, a new startup headed by former Phatnoise co-founder Dannie Lau, said today that it has raised $2M in a Series A funding round, and launched its efforts to bring wireless home audio products to market. Source of the...

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Wednesday, November 9, 2011

Rempex Pharmaceuticals Snags $67.5M

San Diego-based Rempex Pharmaceuticals, a biopharmaceuticals firm addressing antibiotic resistance, announced this morning that it has raised $67.5M in an initial close of a Series B financing round. The round came from Frazier Healthcare V...

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Tuesday, November 8, 2011

Perminova Raises $7M For Surgical Software

La Jolla-based Perminova announced Tuesday that it has raised $7M in a funding round, which it will use to develop its web-based cardiovascular procedure software. Perminova's software provides scheduling, workflow, surgical data, and billi...

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Tuesday, November 8, 2011

Mention Mobile Scores Funding From Mark Cuban

Los Angeles-based Mentoin Mobile, a developer of social gaming apps, said this morning that it has scored $250,000 in funding from Dallas Mavericks owner Mark Cuban. Mention Mobile said that Cuban gains a minority equity stake in the firm. ...

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Tuesday, November 8, 2011

GRP Gets Exit At HealthDataInsights

Los Angeles-based venture capital firm GRP Partners has scored an exit at one of its portfolio firms, Las Vegas-based HealthDataInsights. HealthDataInsights was acquired by HMS Holdings, in a deal worth $400M; the deal is split between $384...

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Monday, November 7, 2011

YouMail Adds Investor

Irvine-based YouMail, the personalized voicemail service firm headed by Alex Quilici, has raised around $355,000 in new funding, adding CrunchFund--the investment fund run by TechCrunch founder Michael Arrington--as a backer. Details of the...

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Thursday, November 3, 2011

Silicon Valley Venture Capitalist Confidence Declines

A new report today monitoring the outlook of Silicon Valley venture capital investors, said that its latest survey finds VCs less confident about the future. The Silicon Valley Venture Capitalist Confidence Index is authored by University o...

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Thursday, November 3, 2011

Study: Clean Technology Investments Up In Q3

Investments in U.S., clean technology deals were up in Q3 of 2011, according to a new analysis published by Ernst & Young this week. According to an analysis of data from Dow Jones VentureSource, Ernst & Young found that U.S. venture capita...

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Thursday, November 3, 2011

Prolacta Lands Series D

Monrovia, California-based Prolatca Bioscience, which supplies human milk-based fortifiers for premature infants, said today that it has closed a Series D funding round. The round came from Health Evolution Partners. Size of the round was n...

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Wednesday, November 2, 2011

GRP Targets $250M In New Fund, GRP IV

Los Angeles-based venture capital firm GRP Partners is looking to raised $250M in its newest fund, GRP IV L.P., according to a regulatory filing from the firm this week. According to the filing, the fund is being managed by Steven Dietz, Br...

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Monday, October 31, 2011

NetPlenish Gets Funding From 500Startups

Ventura-based NetPlenish, a startup which is developing a service which will provide automated replenishment of items, combined with an automatic price comparison engine, has quietly raised funding from 500 Startups. The firm confirmed it h...

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Friday, October 28, 2011

Insights and Opinions: Start Something

For today's Insights and Opinions section, we have an article from investment banker Megan Lisa Jones, who addresses the question of how to get funding for a concept (not likely) with a simple suggestion. Yesterday I sat down with an...

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Thursday, October 27, 2011

Ortiva Wireless Adds $2.0M

La Jolla-based Ortiva Wireless has added another $2.0M in what looks like an inside, convertible debt round, according to a regulatory filing by the firm this week. The firm--which is backed by Artiman Ventures, Mission Ventures, and Comcas...

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Tuesday, October 25, 2011

BlueCava Gets $9.5M For Device ID Technology

Irvine-based BlueCava, a developer of device identification technology used for both online advertising tracking, as well as fraud prevention, said Tuesday that it has raised $9.5M in a funding round. The round was led by S3 Ventures, and a...

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Tuesday, October 25, 2011

Zaarly Gets $14M

Zaarly, the mobile marketplace firm which was spawned out of the LA Startup Weekend event, said today that it has raised $14.1M in a funding round, and added former eBay CEO Meg Whitman to its board. The new funding comes from Kleiner Perki...

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Tuesday, October 25, 2011

CALIENT Technologies Raises $19.4M

Santa Barbara-based CALIENT Technologies, a developer of photonic switching equipment, said this morning that it has raised $19.4M in a round of venture financing. The round came from both new and existing investors. Names of those investor...

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Monday, October 24, 2011

PharmaSecure Finds Further Funding

New Hampshire- and India-based PharmaSecure, a developer of pharmaceuticals authentication technology backed by the Tech Coast Angels, has raised $3.9M in a new funding round, the firm said Monday. The additional capital came from Eric Schm...

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Monday, October 24, 2011

GumGum Adds $7M

Santa Monica-based Gumgum, the celebrity image licensing and advertising firm led by Ophir Tanz, has finally disclosed its funding round. The firm has raised $7M in funding from New Enterprise Associates, GRP Partners, and First Round Capit...

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Friday, October 21, 2011

bLife Finds $1.25M

Los Angeles-based bLife, the stealth-mode, wellness-related startup headed by Hamet Watt, has raised $1.25M in a seed funding round, according to a regulatory filing by the firm this week. According to the filing, the funding--which actuall...

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Friday, October 21, 2011

Pose Lands $3M For Mobile Style and Shopping

Santa Monica-based Pose, a developer of mobile apps for shopping discovery, announced Friday morning that it has raised $3M in a Series A funding round. The round came from GRP Partners, True Ventures, and Mousse Partners. Pose develops bot...

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Friday, October 21, 2011

JMI Equity Boosts CouponCabin.com

San Diego-based JMI Equity is the lead investor in a first round of funding for online coupons site CouponCabin.com, which said Thursday evening that it has raised $54M in a funding round from JMI Equity. According to CouponCabin.com, JMI w...

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Thursday, October 20, 2011

Accelerator Crazy In Southern California

What's the latest craze in startups in Southern Califonia? It looks to be startup accelerators. In just the last few weeks, at least five different incubation/acceleration efforts have booted up in the region. Here's a rundown of the latest...

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Wednesday, October 19, 2011

GRP Invests In Treehouse

Los Angeles-based GRP Partners, has invested in UK-based TreeHouse, an online, video-focused site for helping users learn web design and development. Other investors in the firm include Kevin Rose, Reid Hoffman, David Sze, Josh Elman, and C...

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Tuesday, October 18, 2011

Venture Capital Totals $603.2M In Southern California In Q3

Venture capital investments in Southern California for Q3 of 2011 are up from last year, but down from last quarter, according to the latest numbers from PricewaterhouseCoopers and the National Venture Capital Association based on data pr...

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Tuesday, October 18, 2011

Livefyre, Backed by Paige Craig, Scores More Funding

San Francisco-based Livefyre, one of the many companies backed by prolific Los Angeles angel investor Paige Craig, has scored a new round of funding, the firm said today. LiveFyre said it raised $4.5M in a Series B round, led by Greycroft P...

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Tuesday, October 18, 2011

K5Launch Launches Venture Accelerator

Irvine-based K5Launch, a new venture accelerator started by angel investors Amir Banafatemi, Ray Chan, David Cheng, and Kai Tao, is looking to spawn the growth of startups in Southern California, saying today that it has launched its effort...

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Tuesday, October 18, 2011

Qualcomm Backs Siklu

San Diego-based Qualcomm has invested in an Israeli developer of carrier-grade, millimeter wave Gigabit Ethernet radios, used for wireless backhaul. According to Skilu, it has raised $19M in a Series B investment, which included Amiti Ventu...

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Thursday, October 13, 2011

Avalon Ventures Backs TwinStrata

La Jolla-based venture capital investor Avalon Ventures is the lead in a round for cloud data storage firm TwinStrata, TwinStrata said today. TwinStrata, which is based in Masachusetts, said that Avalon lead its Series B funding round, whic...

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Tuesday, October 11, 2011

TrueCar Backed By Another Investor

Another investor has surfaced in the latest funding round for Santa Monica-based TrueCar, the online automotive pricing and research firm headed by Scott Painter. According to Colorado-based Keating Capital, it participated in a $50M, commo...

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Thursday, October 6, 2011

CoDa Therapeutics Lands $6M Credit Facility

San Diego-based CoDa Therapeutics, a developer of biopharmaceuticals for wound care, has scored $6M in a credit facility, according to the firm's lender. Square 1 Bank said that it has provided CoDa Therapeutics with a $6M term loan. Terms ...

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Thursday, October 6, 2011

Qualcomm Boosts QPrize Winner Enterproid

San Diego-based Qualcomm is putting its money behind one of the winners of its second annual QPrize Venture Investment Competition, New York-based Enterproid, Enterproid revealed Thursday. According to Enterproid, it has raised $11M in a Se...

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Thursday, October 6, 2011

Xfire Raises $4M More

Los Angeles-based Xfire, the online community and chat service for gamers, announced Thursday that it has raised $4M in a new funding round. The firm said the round was led by Intel Capital, and also included Tomorrow Ventures, William Quig...

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Thursday, October 6, 2011

Greener Capital Gets First Close On New Fund

Greener Capital, a venture capital fund focused on clean technology which has offices in Laguna Beach, said today that it has scored a first close on its second fund, Greener Capital Partners II. The fund size is $33M. The firm is headed by...

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Thursday, October 6, 2011

Kareo Raises $10M For Medical Billing Software

Irvine-based Kareo, a developer of cloud-based practice management and medical billing software, announced today that it has raised $10M in an equity investment round. The round was led by Greenspring Associates, and also included OpenView ...

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Thursday, October 6, 2011

Contour Energy Closes $20M In Series C

Azusa-based Contour Energy Systems, the developer of battery technology based on research from Caltech, announced this morning that it has raised $20M in a Series C funding round. The company said it added new investor SBI Jeffries Asia Fun...

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Wednesday, October 5, 2011

BetterWorks Bumps Round Size

Santa Monica-based BetterWorks appears to have bumped the size of the funding round it announced in August, according to a regulatory filing from the firm Wednesday. According to the filing, BetterWorks is now looking to raise a total of $9...

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Wednesday, October 5, 2011

ImThera Medical Snags $16M

San Diego-based ImThera Medical, a developer of medical devices to treat sleep apnea, has raised $16M in an initial funding round from publicly held Cyberonics, plus its other investors Cyberonics said Wednesday. ImThera is developing an im...

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Tuesday, October 4, 2011

Predixion Software Gets $6M More

Aliso Viejo-based Predixion Software, the developer of predictive analytics software which is headed by Simon Arkell, announced today that it has raised $6M in a Series B funding round. The new, strategic investment came from an un-named in...

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Monday, October 3, 2011

WhoSay Gets Funding To Connect Celebrities With Social Media

WhoSay, a New York-based startup with Los Angeles offices, said this morning that it has raised a funding round from Greylock Partners. The firm, headed by Steve Ellis and which was co-founded by Creative Artists Agency (CAA), said it is lo...

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Friday, September 30, 2011

Mavenlink Raises $3.4M

Irvine-based Mavenlink, which provides software-as-a-service tools for online project management, file sharing, invoicing software, expense tracking, and other business functions for users, has raised $3.4M out of an ongoing $3.9M funding r...

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Friday, September 30, 2011

Connexity Gets $2M In Credit Line

Ventura-based Connexity, a developer of Internet advertising and targeting technology, announced today that it has secured $2M in a debt financing. The financing came from Silicon Valley Bank. Connexity said the line will go towards additio...

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Thursday, September 29, 2011

Interview with Bong Koh, LifeCrowd

Earlier this month, Los Angeles-based LifeCrowd (www.lifecrowd.com) unveiled its service to help connect people with real life activities. The firm is initially focusing on the Los Angeles market, and connecting people with fun, interesting...

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Thursday, September 29, 2011

SweetLabs Snags $13M

San Diego-based SweetLabs, the company headed by Darrius Thompson, and which runs both the OpenCandy advertising network and the desktop Pokki app platform, said today that it has raised $13M in a Series C funding round. The round was led b...

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Wednesday, September 28, 2011

mDialog Finds $5M

Santa Monica-based mDialog said Wednesday afternoon that it has raised $5 million in a Series A round of funding. The round was led by the BlackBerry Partners Fund. mDialog said the investment will be used to expand its products across mobi...

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Wednesday, September 28, 2011

Parking In Motion Raises Funding

Santa Monica-based Parking In Motion, a developer of systems to help drivers find open parking space, said this morning that it has raised a Series A round of funding. Size of the funding round was not disclosed. The round was co-led by IDG...

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Tuesday, September 27, 2011

Steelhouse Scores $3.8M For Behavioral Targeting

Los Angeles-based Steelhouse, a provider of behavioral targeting technology for e-commerce sites, has raised $3.8M in a funding round, according to a regulatory filing from the firm Tuesday. The funding is a Series B, and was led by Rincon ...

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Tuesday, September 27, 2011

Breitbart Raises $10M

Los Angeles-based Breitbart.com, the sometimes-controversial publisher of a network of online news sites, has raised $10M in a funding round, according to a regulatory filing by the firm Tuesday. The filing did not indicate the source of fu...

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Tuesday, September 27, 2011

Ebyline Raises $5.0M

Sherman Oaks-based Ebyline, a startup developing an online marketplace to connect professional journalists with online publishers, has raised $5.0M in a new equity funding round, according to a regulatory filing from the firm today. Accordi...

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Monday, September 26, 2011

OneRoof Energy Lands $50M

San Diego-based One Roof Energy, a developer of residential solar installation services and products, announced this morning that it has raised $50M in a financing round, from a Korean corporate conglomerate, Hanwha International. According...

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Monday, September 26, 2011

Entropic Boosts Zenverge

San Diego-based Entropic Communications has led a strategic investment in a developer of media encoding and decoding chips, Zenverge. According to Zenverge, which is based in Cupertino, it has raised $20.5M in a Series D funding, led by Ent...

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Monday, September 26, 2011

Elevation Pharmaceuticals Pulls In $17M, Names Execs

San Diego-based Elevation Pharmaceuticals announced today that it has drawn down a $17M, tranched Series A financing for the company, and also appointed a number of executives. The company also said it has named Jaisim Shah as Senior Vice P...

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Thursday, September 22, 2011

FastCall411 Gets New Funding Round

Los Angeles-based FastCall411, the sales automation and analytics firm led by Richard Rosen, said Thursday evening that it has scored a second round of financing. Size of the round was not announced. FastCall411 said the round came form 500...

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Thursday, September 22, 2011

MarketShare Raises $5.0M In Debt Funding

Los Angeles-based Marketshare, the developer of marketing and advertising optimization software, has raised $5.0M in a debt funding round, according to a regulatory filing form the firm. The funding has not yet been announced. According to ...

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Thursday, September 22, 2011

Get.com Launches Product Discovery Site, Backed By $1M In Funding

Santa Monica-based Get.com, a new startup founded by Jake Gold and Steven Fruchter, has launched, looking to help users make product purchase decisions. According to the firm, it has raised $1M in seed funding for its efforts, which the fir...

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Wednesday, September 21, 2011

JustFabulous Lands $33M

El Segundo-based Just Fabulous, a new startup spun out of Intelligent Beauty, the e-commerce firm headed by Don Ressler and Adam Goldenberg, said this morning that it has raised $33M in a Series A funding round, for its "fashion styling" an...

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Wednesday, September 21, 2011

LA To San Francisco Ridesharing Firm Gets Funding

Zimride, a startup which recently launched an online service to promote ridesharing between Los Angeles and San Francisco, said today that it has scored funding. The firm said it raised $6M from Mayfield Fund for its efforts to connect ride...

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Wednesday, September 21, 2011

Independa Raises $1.6M

San Diego-based Independa, which operates a service to help family and professional caregivers monitor loved ones, has raised $1.6M in a seed funding round, the firm said today. The funding came from Miramar Venture Partners and CityHill Ve...

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Wednesday, September 21, 2011

Idealab Backs Top10

Pasadena-based Idealab, the startup incubator run by Bill Gross, has made another external investment in a company, funding London-based Top10. Top10 operates a service which allows users to create their own "best of" lists in a social way....

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Tuesday, September 20, 2011

Nukona Scores Funding

San Diego-based Nukona, a developer of mobile application management software for the enterprise, said Tuesday that it has closed a funding round. Size of the round was not announced. According to Nukona, the funding came from the Startup A...

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Tuesday, September 20, 2011

MobileCause Ups Funding By $3.2M, Hires VP

Los Angeles-based MobileCause, which operates mobile fundraising, CRM, and communications services for non-profits, revealed today that it has recently raised $3.2M in funding. According to MobileCause, the funding came through "several rou...

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Monday, September 19, 2011

MomentFeed Gets Investment From Digital Marketing Firm

Santa Monica-based MomentFeed, the provider of analytics software for tracking location-based check-in and other activity from Facebook, Twitter, Foursquare, and Gowalla, said Monday that it has scored an investment from Rockfish Brand Vent...

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Monday, September 19, 2011

KYTHERA Biopharmaceuticals Raises $37.4M

Los Angeles-based KYTHERA Biopharmaceuticals, a developer of aesthetic medicine products, said today that it has raised $37.4M in a series D funding round. The round included new investors Foley Ventures and Latham and Watkins, and also inc...

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Friday, September 16, 2011

TCA's Sudek Talks Angel Networks

Earlier this week, the Tech Coast Angels, the largest and most active organized angel group in Southern California, announced a new effort to create an angel group network, which will share and syndicate deals between groups--current the TC...

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Thursday, September 15, 2011

Celerus Diagnostics Ups Series C To $10M

Carpinteria-based Celerus Diagnostics, a developer of pathology analysis equipment, has now raised $10M in a Series C funding, according to a regulatory filing from the firm Thursday. Details on the funding have not been released by the com...

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Thursday, September 15, 2011

MeLLmo Scores $30M For Roambi

San Diego-based MeLLmo, the developer of the Roambi mobile business apps for the iPhone and iPad, said Thursday afternoon that it has raised $30M in a first round of institutional funding. The round was led by Sequoia Capital. The firm said...

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Wednesday, September 14, 2011

Rustic Canyon Backs Social Shopping Site

Los Angeles-based venture capital firm Rustic Canyon is the lead investor in a round of funding from a social shopping site out of Y Combinator. According to Mertado, a social shopping service which links users with home and kitchen product...

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Wednesday, September 14, 2011

RRKidz Gets Funding, Plans Children's Mobile Book Service

Los Angeles-based RRKidz, a new online startup focused on offering children's books via subscription, and headlined by Reading Rainbow and former Star Trek star LeVar Burton, said it has scored a round of funding today. The firm said it rec...

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Tuesday, September 13, 2011

RF Surgical Systems Gets $12M

RF Surgical Systems, a developer of systems used to keep track of surgical sponges during surgery procedures, announced Tuesday that it has raised $12M in funding. The firm--which has its R&D facilities in San Diego--said the round was led ...

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Tuesday, September 13, 2011

JetSuite Raises $7.0M

Irvine-based JetSuite, a new private jet service startup running Embraer Phenom 100 private jets, has raised $7.0M in a funding round, according to a regulatory filing by the company. The funding included Tony Hsieh, the founder of Zappos.c...

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Monday, September 12, 2011

Founders of Sony's Crackle Start Venture Fund

The founders of Crackle, the online streaming video and movie site owned by Culver City-based Sony Pictures Entertainment, have announced a new venture capital fund. According to Josh Felser and Dave Samuel, the founders of Crackle, they ha...

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Thursday, September 8, 2011

Amgen Backs Therapeutic Antibody Firm

Thousand Oaks-based biotech giant Amgen has backed a developer of therapeutic antibodies, via its venture capital arm, Amgen Ventures. According to Seattle-based Theraclone Sciences, Amgen Ventures was one of the investors in a $10.6M, Seri...

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Thursday, September 8, 2011

SOS Online Backup Gets $3M

Los Angeles-based SOS Online Backup, a developer of cloud-based online backup and data protection services, said Thursday afternoon that it has raised $3M in a Series A funding round. The round came from Splashpoind Investors. The firm said...

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Thursday, September 8, 2011

Gaikai Boosted By Intel

Los Angeles-based Gaikai, the streaming game service run by David Perry, is one of seven software companies which Intel announced it had made investments in today, for a total of $24M invested by the company. Intel said it invested in Dynam...

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Thursday, September 8, 2011

Echoecho Raises $750K

Santa Monica- and London-based Echoecho, which is developing a service to provide location information to your friends via a mobile application, announced today that it has raised $750,000 in a seed funding round. The round came from Googl...

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Wednesday, September 7, 2011

TrueCar Raises $200M, Acquires Firm

Santa Monica-based TrueCar, the automotive pricing website headed by Scott Painter, said this morning that it has raised $200M in new debt and equity financing, plus acquired a company. TrueCar said the financing round included USAA, Capric...

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Wednesday, September 7, 2011

Chill Gets $1.5M

Los Angeles-based Chill, the online video discussion website headed by Brian Norgard, has raised $1.5M in angel funding, according to the firm's angel investment backers. The site--which was originally a project of Namesake--gained funding ...

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Tuesday, September 6, 2011

Mogreet Raises $2.0M More

Venice, California-based Mogreet, the mobile marketing firm headed by James Citron, has raised $2.0M in an ongoing funding round, according to a regulatory filing by the firm today. According to the filing, the new equity funding has a targ...

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Tuesday, September 6, 2011

Morphlabs Raises $5M

Manhattan Beach-based Morphlabs, the developer of cloud computing products headed by Winston Damarillo, announced this morning that it has raised $5M in a Series C funding round. According to Morphlabs, the round was led by Japanese strateg...

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Tuesday, September 6, 2011

Daylight Solutions Gets $15M

San Diego-based Daylight Solutions, a developer of high-power, laser systems for the defense and homeland security market, said this morning that it has raised $15M in a Series C funding round. The round was led by Northrop Grumman Corporat...

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Friday, September 2, 2011

Report: Harrison Metal VC Heads To SoCal

A report today from CNN's Term Sheet says that a Silicon Valley venture capitalist, Erik Rannala, is leaving Harrison Metal Venture Capital to set up a new venture capital fund in Southern California. According to the report, Rannala is set...

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Friday, September 2, 2011

Restaurant Revolution Technologies Gains Funding

Santa Barbara-based Restaurant Revolution Technologies, a firm developing restaurant order management technology, has raised a round of venture funding, according to BR Venture Fund, a MBA student run venture capital fund based out of Corne...

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Wednesday, August 31, 2011

Amgen Backs Small Molecule Drug Firm

Amgen Ventures, the venture capital arm of Thousand Oaks-based Amgen, has backed the developer of a biopharmaceutical aimed at treating irritable bowel syndrome, kidney disease, and diabetes. According to Fremont, California-based Ardelyx, ...

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Tuesday, August 30, 2011

JMI Equity Backs DoubleVerify In $33M Funding

La Jolla-based private equity firm JMI Equity has made a big investment in online advertising verification firm DoubleVerify, leading a $33M funding round in the New York company. According to DoubleVerify, the investment funding for the co...

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Monday, August 29, 2011

Zeebo Raises $17M

San Diego-based Zeebo, a developer of a wireless, digital entertainment and education system, initially targeted at the global market, has raised $17M in a new funding round, according to a regulatory filing by the firm today. Source of the...

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Thursday, August 25, 2011

SAIL Portfolio Firm Makes Acquisition

A portfolio company of Irvine-based venture capital firm SAIL Venture Partners, SNTech, has made an acquisition, SNTech announced earlier this week. SNTech--which has quietly been backed by SAIL since at least 2009--said it acquired the $23...

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Wednesday, August 24, 2011

Awarepoint Pulls In $27M More

San Diego-based Awarepoint, the developer of real-time, location systems for the healthcare market, announced this morning that it has raised $27M in new financing, as part of a Series F round. The round was led by new investor Kleiner Perk...

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Tuesday, August 23, 2011

PathCentral Raises $3.0M

Irvine-based PathCentral, a developer of web-based software for managing the practice of community pathologists, has raised $3.0M in a funding round, according to a regulatory filing by the firm Tuesday. Details on the funding have not yet ...

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Tuesday, August 23, 2011

eHarmony Approaches Redemption Deadline, Says Report

Los Angeles-based matchmaking site eHarmony is approaching a redemption deadline from its last venture funding round, according to a report today from Reuters. According to the report, eHarmony has a November 5th deadline, after which its v...

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Tuesday, August 23, 2011

Southern California Gas Invests In Fuel Cell Energy Firm

Southern California Gas Company the unit of Sempra Energy which supplies natural gas to Southern California, has backed the manufacturer of natural gas, fuel cell equipment. According to ClearEdge Power, it has raised $73.5M in a Series E f...

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Tuesday, August 23, 2011

Qualcomm Backs Mobile EKG Firm

San Diego-based Qualcomm Ventures has backed the developer of a mobile electrocardiogram recorder, AliveCor, as part of that company's Series A round. AliveCor said today that it has raised $3M in a Series A for its products, which connect ...

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Thursday, August 18, 2011

Sonendo Raises $5.9M

Laguna Hills-based Sonendo, a developer of dental surgery equipment, has raised $5.9M in a funding round, according to a regulatory filing by the firm this week. According to the filing, the $5.9M is part of an ongoing $6.4M equity round. N...

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Thursday, August 18, 2011

Border Stylo Raising New Funding Round

Los Angeles-based Border Stylo, the developer of the Glass browser add-on and GlassThis web site for sharing and conversing about web sites, plus the Retrollect mobile app for social sharing, is in the process of raising the amount of fundi...

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Wednesday, August 17, 2011

Pixoto Raises Seed Funding For Photo Site

Pixoto, a new startup focused on sharing and voting on photographic images which is headed by former Pictage founder Jason Kiefer, has just scored a seed funding worth $360,000, according to a regulatory filing by the firm this week. The fi...

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Wednesday, August 17, 2011

TCA Funds PharmaSecure

The Tech Coast Angels, Southern California's biggest and most active angel investing group, appears to be backing a developer of prescription drug validation systems, based in Lebanon, N.H. According to a regulatory filing from PharmaSecure...

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Tuesday, August 16, 2011

Frontera, Siemer Tie On New Venture Capital Effort

Santa Monica-based investment bank "Siemer & Associates and venture capital investment group Frontera Group said Tuesday afternoon that the two have joined forces, and have created a new venture group called Siemer Ventures. According to Ma...

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Tuesday, August 16, 2011

Maverick Angels Names New SoCal President

Maverick Angels, an angel investment group investing in Southern California companies, said today that it has named Patrick Henry as its newly elected Southern California Chapter President. Henry replaces Bill Barber, who continues as a mem...

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Monday, August 15, 2011

Brighter Raises $8M More

Santa Monica-based Brighter, the dental care and referrals business started by Jake Winebaum, the founder of Business.com, has raised $8M more in a Series B funding round, the firm said Monday. The round was led by Benchmark Capital, and al...

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Monday, August 15, 2011

Nettle Gets $500K From Google, Others

La Jolla-based Nettle, a semi-stealth mode firm which says it is creating a "next-generation social/local/mobile application and website for the global entertainment market", has raised $500,000 in a seed funding. According to the firm, the...

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Monday, August 15, 2011

Serious Business Get Funded For Internet Entertainment

A trio of United Talent Agency execs said Friday that they have launched a new, media company focused on the intersection of Internet and entertainment. According to Serious Business, it has raised a second round of seed funding from Brave ...

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Thursday, August 11, 2011

KidZui Catches $2M, Launches New Service

San Diego-based KidZui, the developer of a kid-friendly Internet browser, said this week that it has raised another $2M in funding, and launched a new effort called ZUI.com. The firm said the funding included Mission Ventures, Maveron, and ...

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Thursday, August 11, 2011

Elevator Labs Lands $20M

Los Angeles-based Elevator Labs, a new startup headed by ex-Virgin Digital execs Brendon Cassidy and Zack Zalon, said Thursday that it has raised $20M in an initial funding round. The round came from KGC Capital. According to the firm, it i...

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Tuesday, August 9, 2011

Cocodot Gets $4.25M More

Los Angeles-based Cocodot, the online invitations service run by former MySpace exec Shawn Gold, has raised $4.25M out of an ongoing $6.0M funding round, according to a regulatory filing from the firm. Source of the new funding was not disc...

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Tuesday, August 9, 2011

MovieClips Gets $7M, Partners With YouTube

Venice, California-based MOVIECLIPS, the online provider of licensed movie clips headed by Richard Raddon and Zach James, is announcing today that it has scored $7M in a Series B funding round, and also partnered with Google to feature its ...

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Tuesday, August 9, 2011

SendLove.to, With Funding, Debuts Service To Share Opinions On Public Figures

Los Angeles-based SendLove.to, a new startup headed by Chris Lyman and Corey Brundage, debuted today, saying it will provide a "people-polling" platform which will allow users to rate and share their opinion on people in the news. Lyman and...

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Monday, August 8, 2011

Acutus Medical Raises $1M

San Diego-based Acutus Medical, a developer of medical devices for treating cardiac arrhythmia, said today that it has received $1M in a funding round. The round came form Index Ventures and un-named private investors. Acutus Medical said i...

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Thursday, August 4, 2011

TakeLessons Raises $6M

San Diego-based TakeLessons, a business which helps users connect with music and voice lesson teachers across the country, said this week that it has raised $6M in a funding round. The round was led by Crosslink Capital, and also included S...

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Wednesday, August 3, 2011

Craton Equity Leads Major Investment In Bridgelux

Los Angeles-based private equity fund Craton Equity Partners said Wednesday that it has led a $60M round of investment in Bridgelux, a developer and manufacturer of LED lighting technology. Bridgelux, which is based in Livermore, California...

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Wednesday, August 3, 2011

Anthem, DFJ Frontier Back Janrain

Two Los Angeles area venture capital firms have re-upped their investments in a provider of identity management software. Anthem Ventures, represented by Samit Varma, and DFJ Frontier, represented by David Cremin, are two of the investors i...

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Wednesday, August 3, 2011

Okapi Ventures Kicks Off Fundraising Efforts

Laguna Beach-based Okapi Venture Capital, the venture capital fund run by Marc Averitt and Sharon Stevenson, has kicked off fundraising efforts for a new, $30M venture fund, according to a regulatory filing by the firm Tuesday. The filing i...

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Tuesday, August 2, 2011

Ellipse Technologies Gains $17.6M

Irvine-based Ellipse Technologies, a developer of minimally invasive treatments for spinal deformities, said Tuesday that it has raised $17.6M in a Series C financing round. The round came form HBM BioVentures and BioStar Ventures, along wi...

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Tuesday, August 2, 2011

Active Storage Raises $7.0M More

Torrance-based Active Storage, the developer of RAID storage products for the Apple Macintosh, has raised $7.0M in a new funding round, according to a regulatory filing from the firm Tuesday. Source of the new funding was not announced by t...

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Tuesday, August 2, 2011

BetterWorks Gets $8M

Los Angeles-based BetterWorks, the employee benefits platform provider headed by Paige Craig, announced today that it has raised $8M in a Series A funding round. According to the firm, the round was led by Redpoint Ventures, and will go tow...

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Monday, August 1, 2011

Six Degree Games Gets $4.0M

Marina Del Rey-based Six Degree Games, the developer of online virtual worlds, recently raised $4.0M in new funding, according to regulatory and other sources. Details on the fundraising round--which closed in Q2--have not been announced. S...

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Monday, August 1, 2011

Siemer Ventures Targets New Fund

Los Angeles-based Siemer & Associates, an investment banking firm, appears to be raising a $30M, second fund, Siemer Ventures II, according to a regulatory filing from the firm Friday. The fund's managers are listed as David Siemer and Eric...

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Friday, July 29, 2011

Venture Capitalist Confidence Falls, Says Report

A report today, measuring the confidence level of venture capitalists in Silicon Valley, said that its measure of confidence of VC investors dropped in the quarter. According to the Silicon Valley Venture Capitalist Confidence Index, tallie...

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Wednesday, July 27, 2011

GoPollGo, With Idealab Backing, Launches Twitter Polling Service

Pasadena-based Idealab has made another investment in a Twitter-related service, in GoPollGo, which said today that it has launched an online polling service based on Twitter. GoPollGo, which is based in Palo Alto, said it is bringing onlin...

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Tuesday, July 26, 2011

ThinkNear Gets $1.6M For Location-based, Mobile Ads

Culver City-based ThinkNear, a new startup focused on helping local merchants reach consumers with mobile, location-based ads, said today that it has raised $1.6M in a seed funding round. The round was led by IA Ventures, and also included ...

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Tuesday, July 26, 2011

Los Angeles Ranks Among Top AngelList Cities

The Los Angeles area ranks among the top markets for activity on the angel investment service AngelList, according to new statistics released by the service Monday. According to AngelList, Los Angeles was third in the list of top five locat...

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Monday, July 25, 2011

LegalZoom Finds $66M From KPCB, IVP

The investment by Kleiner Perkins Caufield & Byers and Institutional Venture Partners into legal documents firm LegalZoom was worth $66M, according to a report today. LegalZoom, which is headed by John Suh, announced the investment from KPC...

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Friday, July 22, 2011

Wildcat Discovery Technologies Raises $6.85M

San Diego-based Wildcat Discovery Technologies, a firm developing advanced materials for the clean technology industry, has raised $6.85M out of an ongoing $7.5M funding round, according to a regulatory filing by the firm this week. The fir...

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Friday, July 22, 2011

Elevance Renewable Sciences Raises $50M More

Elevance Renewable Sciences, the spinout of Pasadena-based Materia, has scored $50M more in a funding round, according to a regulatory filing by the firm this week. Elevance Renewable Sciences is developing processes to take plant-based oil...

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Friday, July 22, 2011

Diversion Gets Series B For Social Games

Los Angeles-based Diversion Inc., a developer of social games, said today that it has scored a Series B strategic funding round. Size of the round was not announced. The firm said the investment was led by TomorrowVentures, hearts Corporati...

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Friday, July 22, 2011

Calient Technologies Raises $4.38M

Goleta-based Calient Technologies, a developer of optical switching equipment based on 3D MEMS technology, has raised $4.38M in new funding. The funding came to light via the most recently, PricewaterhouseCoopers/NVCA MoneyTree survey. Deta...

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Thursday, July 21, 2011

PixelFish Nabs $4M For Online Video Ads

Torrance-based PixelFish, which provides online video marketing products to local businesses, announced Thursday that it has raised $4M in a funding round. The round was led by Bullpen Capital, and also included Floodgate, Mack Capital, Tom...

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Thursday, July 21, 2011

Idealab Backs Clean Power Technology Firm

Pasadena-based Idealab announced today that it has invested in a developer of clean energy generation technology. The firm has invested in Cool Energy, a Boulder, Colorado based developer of Stirling engine technology, used to convert heat ...

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Thursday, July 21, 2011

ZestCash Gets $19M For Lending Startup

Hollywood-based ZestCash, a startup offering up short-term, consumer loans online, has scored $19M in funding today, including $11M in a Series A equity round plus $8M in venture debt. The equity came from Lightspeed Venture Partners and GR...

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Wednesday, July 20, 2011

Gaikai Get $30M For Cloud Gaming

Los Angeles-based Gaikai announced Wednesday that it has raised $30M in a Series C funding round. The round was led by New Enterprise Associates, and also included Qualcomm, Benchmark Capital, Rustic Canyon, and Intel Capital. Gaikai is dev...

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Wednesday, July 20, 2011

FindTheBest Gets $4M More

Santa Barbara-based FindTheBest, the online comparison engine site run by former DoubleClick founder Kevin O'Connor, has raised another $4M in funding, the firm said today. The round came from Kleiner Perkins Caufield & Byers, the company's...

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Wednesday, July 20, 2011

Angeleno Group Backs Glass Recycling Tech Firm

Los Angeles-based Angeleno Group has re-upped its investment in a developer of glass recycling technology, eCullet, as part of a $38M funding round. eCullet announced its new funding round Tuesday, which included both Angeleno Group and DB ...

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Tuesday, July 19, 2011

SoCal Gets $739M In Venture Capital In Q2

Southern California companies raised $739M in venture capital in Q2 of 2011, according to the latest numbers from PricewaterhouseCoopers and the National Venture Capital Association (NVCA) based on data from Thomson Reuters. According to ...

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Tuesday, July 19, 2011

JMI Equity Backs BrightLine

San Diego-based private equity firm JMI Equity has backed a provider of marketing services for the interactive TV market. According to New York-based BrightLine, it has scored a strategic growth investment from JMI Equity, with JMI Equity's...

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Friday, July 15, 2011

Scopely Dangles $11K, Bacon, Beer For Recruits

Los Angeles-based Scopely, the stealth-mode startup which announced a funding round this week, has a unique pitch to potential employees: the firm is offering up $11,000 wrapped in Bacon, an oil painting of the new employee, Cuban cigars, a...

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Friday, July 15, 2011

Quest Software Backs Business Intelligence Firm

Aliso Viejo-based Quest Software has invested in a developer of business intelligence software, as part of a strategic investment. According to San Francisco-based JasperSoft, Quest Software led its latest, $11M funding round as a strategic...

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Thursday, July 14, 2011

Steamboat Re-Ups On Mobile Measurement Firm Ground Truth

Burbank-based Steamboat Ventures, the venture capital arm of Walt Disney, has re-upped its investment in a provider of mobile and Internet usage analytics and measurement tools. According to Seattle, Washington-based Ground Truth, it has ra...

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Thursday, July 14, 2011

Aptera Finds $2.2M

Carlsbad-based Aptera Motors, the beleagured developer of a three wheeled, electric vehicle, has raised $2.2M in what appears to be a convertible debt round. The funding came to light via a regulatory filing earlier this month. The filing i...

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Thursday, July 14, 2011

SoCalGas Invests In Company

Southern California Gas Co., the subsidiary of Sempra Energy which provides natural gas to the Southern California market, said today that it has invested in Tecogen, a developer of natural gas heating and power products. Size of the inve...

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Wednesday, July 13, 2011

Scopely Gets Angel Funding

Los Angeles-based Scopely, a stealth mode firm headed by former Applied Semantics co-founder Eytan Elbaz, has raised a round of seed funding. The funding came from Terry Semel, Lerer Ventures, Howard Lindzon (StockTwits), Gil Elbaz (Factual...

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Tuesday, July 12, 2011

NetDNA Downloads New Funding

Los Angeles-based NetDNA, a provider of content delivery network (CDN) serviecs, said Tuesday that it has scored a new funding round. Amount of the funding was not announced. The CDN provider said the funding came from Chelsea Management, I...

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Tuesday, July 12, 2011

MomentFeed Raises $1.2M

Santa Monica-based MomentFeed, a provider of location-based marketing software and services, said today that it has raised $1.2M in a Series AA funding round. The round was led by DFJ Frontier, and also included DFJ JAIC, Gold HIll Capital,...

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Monday, July 11, 2011

Social Rewards Gets Seeded

Los Angeles-based Social Rewards, the operator of social, loyalty, and affiliate marketing services headed by Joseph Morin, has scored some angel funding, socalTECH has learned. The firm's advisors include Paige Craig, CEO of BetterWorks an...

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Monday, July 11, 2011

Venture Fundraising Up, But Number of Funds Down

A report this morning from Dow Jones says that venture capital fundraising in the first half of the year was up 19 percent, however, those funds went to a smaller number of name-brand venture firms. According to Dow Jones, fundraising was u...

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Monday, July 11, 2011

GRP Partners Backs DataSift

Los Angeles-based venture capital firm GRP Partners said today that it has made another investment in the Twitter ecosystem, and has led a $6M, Series A investment in Datasift. Datasift is a provider of real-time, analytics and management t...

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Monday, July 11, 2011

Daylight Solutions Snags $15M In Series C

San Diego-based Daylight Solutions, a developer of laser systems, molecular detection, and imaging systems, reports today that it has snagged $15M in a Series C funding round. The round was led by Northrop Grumman Corporation, along with ex...

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Friday, July 8, 2011

LA's Technology, VC, and Entertainment Industry Meets Royalty

The Los Angeles technology industry appears to have landed as the first stop of Prince William and new bride Catherine in Los Angeles today, as the two are scheduled to present at the Variety Venture Capital and New Media Summit in Beverly ...

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Thursday, July 7, 2011

Broke Girl's Guide Gets Funding

Santa Monica-based Broke Girl's Guide, a startup focusing in on daily deals and information for women, has scored a small debt funding round, according to a regulatory filing by the firm this week. The firm--started by Erin Bunch, Michelle ...

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Thursday, July 7, 2011

ParAccel Finds New Funding, From Amazon.com

San Diego- and Campbell-based ParAccel, the developer of data warehouse and big data analytics software, reported this morning that it has scored a new round of funding, which includes Amazon.com as the lead investor. Financial terms of the...

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Thursday, July 7, 2011

HitFix Adds $2M

Los Angeles-based HitFix, an online entertainment news site, announced today that it has closed on a $2M investment round. The new round was led by Golden Seeds, and also included prior investors the Tech Coast Angels. The company said it w...

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Thursday, July 7, 2011

YouMail Ups Funding To $12.5M

Irvine-based YouMail, the provider of third party voicemail and other cloud-based communications services run by Alex Quilici, disclosed this morning that it has upped its total funding to $12.5M. The funding came from VantagePoint Capital ...

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Wednesday, July 6, 2011

CapLinked Trumpets Growth

Los Angeles-based CapLinked, the online platform for managing fundraising and investor updates started by Eric M. Jackson and Christopher Grey, reports today that it has seen major growth this year. The firm said it has grown the platform's...

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Friday, July 1, 2011

Avalon Ventures, Jeffrey Katzenberg To Benefit From Zynga IPO

San Francisco-based social games maker Zynga, the firm behind the popular FarmVille Facebook game, filed for an IPO Friday, with several Southern California investors potentially beneficiaries of any future IPO success. According to Zynga, ...

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Thursday, June 30, 2011

Contour Energy Targeting $20M In Series C

Asuza-based Contour Energy Systems, which develops advanced battery technology looks to be targeting $20M for its Series C round, with at least $9.0M raised so far, according to a regulatory filing by the firm this week. Contour said last w...

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Thursday, June 30, 2011

Tenex Health Raises $5M

Lake Forest-based Tenex Health, a developer of minimally invasive for treating tendon injuries, said today that it has raised $5M in a series A financing round. The funding was led by VCI Partners. Tenex said the new funding comes on top of...

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Wednesday, June 29, 2011

Ligand Pharmaceuticals Gets $10M In Credit Facility

San Diego-based Ligand Pharmaceuticals, a biopharmaceuticals firm, has raised $10M in a credit facility from Square 1 Bank. Square 1 said the $10M included an initial $5M in credit secured in March, which was increased by another $5M in Apr...

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Wednesday, June 29, 2011

SeeVolution Gains $530K More In Angel Round

Los Angeles-based SeeVolution, the online web analytics and heatmap firm headed by Edo Cohen, has raised $530,000 in angel funding, the firm said this morning. The firm says it has now raised over $730,000 in funding from angel investors. S...

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Wednesday, June 29, 2011

ICON Aircraft Raises $25M

Manhattan Beach-based ICON Aircraft, which is developing sport aircraft, said today that it has raised $25M in a funding round. The firm said the financing came from investors Satyen Patel and Bart Becht, along with Google Chairman Eric Sch...

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Tuesday, June 28, 2011

LendAmend Gets $750K

Los Angeles-based LendAmend, a developer of online software for managing the amendment of leveraged loans, has raised $750,000 in a Series A funding round. The round came from the Tech Coast Angels. LendAmend's web-based software is used fo...

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Tuesday, June 28, 2011

National Technical Systems Gets $14M In PIPE

Calabasas-based National Technical Systems, which provides testing and engineering services, said today that it has raised $14M in a private placement. The firm said it raised the debt and equity with Mill Road Capital. The firm said the ne...

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Monday, June 27, 2011

MindBody Software Raises $9.0M More

San Luis Obispo-based MindBody Software, the developer of software for managing yoga, pilates, wellness community, and spa and retreats businesses, has raised nearly $9.0M in a new funding round. The disclosure came via a regulatory filing ...

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Monday, June 27, 2011

Miven Re-Ups On ViVOtech

Irvine-based Miven Ventures, the venture capital arm of Victor Tsao, the founder of Linksys, has re-upped its investments in a near field communications (NFC) firm, ViVOtech. ViVOtech, which is based in Santa Clara, said it raised $24M in a...

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Monday, June 27, 2011

Ivantis Scores $17M For Glaucoma Treatments

Irvine-based Ivantis, a developer of medical devices for the treatment of glaucoma, announced today that it has raised $17M in a new, second round of funding. The round came from New Enterprise Associates and Delphi Ventures. Ivantis said i...

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Friday, June 24, 2011

OneLogin Gets $1.5M For Identity Software

Los Angeles-based OneLogin, a new startup tackling the identity and access management software market, said Friday that it has raised $1.5M in a Series A funding round. The round came from Charles River Ventures, and existing investor in th...

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Friday, June 24, 2011

Clearstone Tops CalPERS IRR List

CalPERS (the California Public Employees' Retirement System), one of the biggest limited partners in venture capital funds, has released its best and worst performing venture capital and private equity funds as of December 31st, showing tha...

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Thursday, June 23, 2011

CapLinked Grows Users, Tops $1.7B In Deals

Los Angeles-based CapLinked, which develops software-as-a-service for managing fundraising and venture investment, disclosed today that it has just passed 16,000 users using the site, and now has $1.7 billion in open deals on its platform. ...

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Thursday, June 23, 2011

WiSpry Gets $3.5M In Bridge Funding

Irvine-based WiSpry, the developer of radio frequency (RF) semiconductors, has raised $3.5M in a bridge funding round, according to reports. The funding is apparently a bridge to the company's next round. WiSpry is venture backed by Acadia ...

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Thursday, June 23, 2011

Transphorm Gets $25M From Soros

Santa Barbara-based Transphorm, a developer of high efficiency, power conversion technology, confirmed today that it has raised $25M in a Series D funding round. The firm said the round was led by Quantum Strategic Partners Ltd., a private ...

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Thursday, June 23, 2011

Online Learning Company Ties With UCLA Extension, CAA

A new, venture backed online education company, Encore Career Institute, headed by Steve Poizner, said today that it has linked with the UCLA Extension to offer up professional certificates and career counseling online. The firm said it has...

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Tuesday, June 21, 2011

AngelVision Eyes Investments In Entertainment, New Media

A new Los Angeles investment group, AngelVision Investors, said this morning that it has launched, and is looking to invest in startup and emerging growth-oriented companies, in the entertainment, marketing and new media. The firm did not s...

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Tuesday, June 21, 2011

Contour Energy Systems Finds More Funding

Azusa-based Contour Energy Systems, the developer of battery technology based on research from Caltech, said today that it has raised a Series C funding round. The firm said the new funding came from Singapore investment fund EDBI, CMEA Cap...

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Monday, June 20, 2011

Ortiva Wireless Raises $2.5M

La Jolla-based Ortiva Wireless, which develops wireless video optimization and streaming hardware and software for wireless operators, has raised $2.5M in a convertible debt funding round, according to a filing from the firm Friday. The fil...

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Monday, June 20, 2011

ClariPhy Raises $14M More

Irvine-based ClariPhy Communications, which develops high speed, mix signal digital signal processing chips for optical networking, announced today that it has raised $14M in a new funding round. The round was led by Nokia Siemens Networks,...

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Monday, June 20, 2011

W4 Scores $10M In Funding

Santa Monica-based W4, an online advertising marketplace founded by former Hydra Network executives, said this morning that it has raised $10M in debt funding. The firm said the funding came from Silicon Valley Bank. W4 is headed by Jason D...

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Friday, June 17, 2011

BeachMint Gets $23.5M

Santa MOnica-based BeachMint, the celebrity e-commerce site started by former MySpace founder Josh Berman and Diego Berdakin, said Friday afternoon that it has raised $23.5M in a new funding round. The round was led by Scale Venture Partner...

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Friday, June 17, 2011

Tranphorm Raises $25M

Goleta-based Transphorm, the developer of high efficiency power conversion devices for the grid and power conversion market, has just raised $25M as part of an ongoing, $30M fundraising effort, according to a regulatory filing by the firm t...

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Thursday, June 16, 2011

Gamzee Gets Seed Funding

Los Angeles-based Gamzee, a developer of HTML5 and mobile/social games, announced Thursday that it has raised $1M in a seed round of funding. The funding came from Bristol Investment Fund, Ltd; Jarl Mohn, the former CEO of Liberty Digital a...

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Wednesday, June 15, 2011

Gigi Hill Gets $3M For Handbags

Yorba Linda-based Gigi Hill, a manufacturer of handbags and totes distributed through in-home parties, has raised $3M in a Series A funding. The funding came from Maveron, the venture capital firm founded by Starbucks founder Howard Schultz...

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Friday, June 10, 2011

Howard Lindzon Backs Embedly

Howard Lindzon, the CEO of San Diego-based StockTwits, has made another angel investment, this time in Embed.ly, a developer of tools that make it easier for web sites to embed content from other web sites. Embed.ly said it raised $450,000 ...

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Friday, June 10, 2011

Ambit Biosciences Raises $30M

San Diego-based Ambit Biosciences, which is developing cancer treatments, announced this morning that it has raised $30M in Series D-2 round of funding. The funding was led by Apposite Capital LLP, and also included prior investors Perseus-...

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Thursday, June 9, 2011

Epiomed Therapeutics Gets Series A

Irvine-based Epiomed Therapeutics, a developer of small-molecule, anti-emetic and anti-motion sickness compounds, said this week that it raised a Series A funding round. The firm said the round came from NDI Capital. Financial details of th...

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Thursday, June 9, 2011

MovieClips Gains $6.0M More

Santa Monica-based MovieClips, which provides access to a collection of license movie clips from major studios, has raised $6.0M out of an ongoing, $7.0M funding round. The funding was revealed via a regulatory filing Thursday. No details o...

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Thursday, June 9, 2011

Skinit Scores $12.0M In Debt Funding

San Diego-based Skinit, the provider of personalized protective "skins" for electronic devices, said today that it has raised $12M in a debt financing round. The round came from BlueCrest Capital Finance. Skinit said the funding will go tow...

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Thursday, June 9, 2011

Access Scientific Raises $10M

San Diego-based Access Scientific, a developer of vascular access technology, said today that it has completed a $10M, financing round. The round was led by CAC, and also included the firm's prior investors. The firm said the funding will ...

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Wednesday, June 8, 2011

CapLinked Leverages LinkedIn For Suggestions

Los Angeles-based CapLinked, the developer of software aimed at helping companies manage the fundraising process, is rolling out a new feature today which taps a user's LinkedIn contacts to suggest who to invite into deals and other busines...

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Tuesday, June 7, 2011

Billionaire Soon Shiong Funds Healthcare Systems Developer

Los Angeles billionaire entrepreneur Patrick Soon Shiong has made an investment in a healthcare technology firm Net.Orange, Net.Orange said today. The Texas firm provides a suite of web-based applications for the healthcare industry. Financ...

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Tuesday, June 7, 2011

Assay Depot Gets $1.7M

San Diego-based Assay Depot, a developer of cloud-based, pharmaceuticals research marketplace, said this morning that it has raised $1.7M in a funding round. The round came from un-named, private investors. The company said the funding will...

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Monday, June 6, 2011

Interview Dan Dato and Bruce Brown, Upstart.LA

Although Los Angeles has become a hub for the high tech startup world, Surprisingly, one of the things which hasn't happened in the Los Angeles area is any huge, successful venture acceleration programs. Those programs--epitomized by YCom...

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Friday, June 3, 2011

Otonomy Ups Funding By $14.2M

San Diego-based Otonomy, a firm developing products to treat disorders of the inner and middle ear, looks to have pulled in $14.2M more in a tranched financing which was originally announced last August, according to a regulatory filing by ...

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Thursday, June 2, 2011

Santa Barbara Investor Puts $4M Into Mindflash

The Investment Group of Santa Barbara, a venture capital investment group based in Santa Barbara, has invested $4M in funding for a developer of a web-based cloud training software firm, Mindflash, Mindflash said today. Mindflash, which is ...

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Thursday, June 2, 2011

UberMedia Lands $5.6M

Pasadena-based UberMedia, the developer of Twitter client applications, announced this morning that it has scored an additional, $5.6M in a new investment round. The new funding came from Burda Digital, the European Internet investor. UberM...

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Wednesday, June 1, 2011

SteelHouse Gets Funding, Launches E-Commerce Technology Firm

Los Angeles-based SteelHouse, a developer of e-commerce technology based on consumer behavior, launched its "behavioral commerce technology" to boost e-commerce conversion Wednesday, and also revealed that it has scored venture funding for ...

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Wednesday, June 1, 2011

Altly Reveals Seed Investors

Venice-based Altly, the startup headed by Dmitry Shapiro which is developing an alternative to Facebook, has revealed the full list of its seed funding investors today, saying that it raised $1M in funding from Freestyle Capital, Social Lev...

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Wednesday, June 1, 2011

Vokle Gets New Investment

Irvine-based Vokle, which operates an online, live web streaming and broadcasting service, has scored $767,000 in a new round of funding, according to lead investor the Tech Coast Angels. The TCA said the new round was led by Dave Berkus. T...

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Tuesday, May 31, 2011

Amos Content Group Gets Angel Funding

Santa Monica-based Amos Content Group, a provider of editorial and video content services, said today that it has scored a round of angel funding. The firm, which provides online video creation for such firms as SodaHead, Fox, SPIKE, and ot...

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Tuesday, May 31, 2011

Six Degree Games Raises $4.0M

Marina Del Rey-based Six Degree Games, the developer of online virtual worlds for children, has raised another $4.0M in funding, according to a regulatory filing from the firm late Friday. No details on the funding have yet been announced b...

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Tuesday, May 31, 2011

OpenX Gets $20M From SAP, Others

Los Angeles-based OpenX Technologies, the developer of online advertising serving software, announced this morning that it has raised $20M in a Series D funding round. The round was led by SAP Ventures, and also included new investors AOL V...

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Friday, May 27, 2011

OpenX Raises $20M More

Pasadena-based online advertising software firm OpenX has just raised a big, $20M funding round, according to a regulatory filing from the firm late Friday. The funding has not yet been announced by the company. Source of the new funding wa...

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Thursday, May 26, 2011

Ashton Kutcher Backs Airbnb

Actor Acton Kutcher is further extending his influence in the technology world, and has invested in San Francisco startup Airbnb. The Los Angeles actor has made a "significant investment" in Airbnb, an online vacation rental site. Kutcher a...

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Wednesday, May 25, 2011

Altly Posts Anti-Facebook Manifesto, Gets Funding

Los Angeles-based Altly, the latest startup of Dmitry Shapiro, the founder of Veoh and former CTO of MySpace Music, has officially thrown down the gauntlet, saying in a blog post this week that it there is a need for an alternative to Faceb...

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Tuesday, May 24, 2011

Solarflare Gets $20.5M More

Irvine-based Solarflare, the developer of high speed, low latency 10GbE server adapters, has raised $20.5M, according to a regulatory filing from the firm today. Details on the funding--part of an ongoing, $24.1M fundraising effort--have no...

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Tuesday, May 24, 2011

Music Mastermind Gains $10.8M

Calabasas-based Music Mastermind, which is developing a music creation platform, said Monday that it has raised $10.8M in a Series B funding round. The round came from Intel Capital and Liberty Global, along with angel investors. Intel and ...

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Tuesday, May 24, 2011

EQAL Raising $3.5M

Santa Monica-based EQAL, the producer of online content known for LonelyGirl15 and KateModern, is in the midst of raising $3.5M in a funding round, according to a regulatory filing by the firm Monday. The filing indicates the firm has so fa...

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Monday, May 23, 2011

Unsocial Gets Seeded

Los Angeles-based Unsocial, a newly launched, location-based business networking service, said today that it has scored a seed round of funding, and launched its product. The funding came from un-named, accredited individual investors. Unso...

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Friday, May 20, 2011

Brighter.com, Jake Winebaum's Newest Startup, Gets $5M In Funding

Santa Monica-based Brighter.com, an online site focused on helping consumers find and compare dentists, has scored $5M in a Series A funding. The new site--the latest from entrepreneur Jake Winebaum--said that the funding was led by Mayfiel...

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Wednesday, May 18, 2011

GRP Partners Backs Cloud Database Firm

Los Angeles-based venture capital firm GRP Partners has backed a provider of cloud-based databases, MongoLab, in its Series A funding. MongoLab said it has raised $3M in a Series A funding led by The Foundry Group, and including Baseline Ve...

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Wednesday, May 18, 2011

Cameron Health Raises $107M

San Clemente-based Cameron Health, which is developing subcutaneous implantable defibrillators, said today that it has raised $107M in an equity financing round. The round was led by Alloy Ventures and Delphi Ventures. the firm said the fun...

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Tuesday, May 17, 2011

Quest Software Backs Middleware Developer

Aliso Viejo-based Quest Software, the developer of enterprise software tools, has backed a maker of SOA middleware. According to WSO2, a Silicon Valley-based developer of middleware software, it raised $6.5M in a growth funding round, led b...

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Tuesday, May 17, 2011

Andreessen Horowitz: ShoeDazzle Reinvents 1920's Startup

Last week's $40M funding by Andreessen Horowitz of Los Angeles-based ShoeDazzle, the monthly fashion, shoe and pursue startup headed by LegalZoom founder Brian Lee, was driven by parallels to a 1920's startup--the Book of the Month Club. Ac...

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Monday, May 16, 2011

Arcturus Get Exit At Pliant

Pasadena-based venture capital firm Arcturus Capital has scored an exit out of its portfolio this morning, as Milpitas, California-based Pliant Technology was acquired by SanDisk in a deal worth $327M. SanDisk said it would pay $327M in cas...

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Friday, May 13, 2011

ShoeDazzle Raises $40M

Los Angeles-based ShoeDazzle.com, the online shoe buying club headed by Brian Lee, the founder of LegalZoom, has raised $40M in a new funding round. The funding was led by Andreessen-Horowitz, and also included the firm's prior investors. S...

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Friday, May 13, 2011

Fisker Automotive Raises Another $100M

Irvine-based Fisker Automotive, the developer of electric and hybrid cars, has raised another $100M in funding, according to a regulatory filing by the firm Friday. Source of the new funding was not disclosed. The funding was part of the f...

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Friday, May 13, 2011

ShareSquare Raising $1.5M

Los Angeles-based ShareSquare, the QR-code firm headed by Matthias Galica, said Friday that the firm is in the process of closing $1M to $1.5M in funding on AngelList, as the firm ramps its development efforts. Galica said it is looking to ...

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Friday, May 13, 2011

Conexant Gets Investment From August Capital