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Why the Future of Space Starts in LA

Both Sides of the Table

Credit: Apex Today, Apex announced their Series B funding round, led by XYZ Ventures and CRV, with participation from Upfront. Is it because of the rich engineering talent coming out of Caltech, UCLA, USC, Harvey Mudd, and all the other universities?

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Good Growth Capital Expands Venture Capital Efforts To SoCal

socalTECH

Good Growth Capital , a venture capital investment firm focused on complex science and technology start-ups, says it has set up shop in Southern California, and hired a new, West Coast Venture Partner in Los Angeles. In addition to Holly, Good Growth Capital also said it added a new Advisor, Robert Poor, Ph.D. ,

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USC: $380M Raised In Last 3 Years By USC Spinouts

socalTECH

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. READ MORE>>.

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Audyssey Gets Funding From Intel Capital

socalTECH

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. Audyssey''s technology is based out of research spun out of USC''s Immersive Audio Lab, called MultEQ.

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USC Stevens Gives $498,700 To Six Projects

socalTECH

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. USC's effort, the Ideas Empowered Program, is funded by James C. READ MORE>>.

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USC Spinouts Raised $148M In Last Two Years, Says University

socalTECH

The University of Southern California is reporting today that spinouts out of the school have raised $148m in the last two calendar years (2008-2009), and that there are now at least 24 USC spinouts currently in business. USC also reported that it owns equity in 32 startups, though none of those startups were identified. READ MORE>>.

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Mobile Security Firms With Roots at USC Gets $5.5M

socalTECH

Lookout , a firm developing security software for mobile phones and started by two recent USC graduates, has raised $5.5M in a funding , according to the New York Times this morning. According to the Times, the firm raised the new round of funding this month from Khosla Ventures.

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