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Shoreline Biosciences Finds $140M

socalTECH

The funding was led by Ally Bridge Group, and also included new investors Eventide Asset Management, BeiGene, Irving Investors, Kingdon, NS Investment, Piper Heartland Healthcare Capital, and Superstring, along with current investors Boxer Capital, BVF Partners, L.P.,

CIO 113
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Cedars-Sinai Backs Censinet In $7.8M For Risk Management

socalTECH

The funding also included seed investors Schooner Capital, LRVHealth and Excelerate Health Ventures. Cedars-Sinai's participation in the funding was led by Darren Dworkin, the healthcare system's Senior Vice President and CIO. According to Censinet, it raised $7.8M Censinet is led by founder and CEO Ed Gaudet.

CIO 133
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Fintech giant Klarna raises $639M at a $45.6B valuation amid ‘massive momentum’ in the US

TechCrunch LA

Previous backers include Sequoia Capital, SilverLake, Dragoneer and Ant Group, among others. and plans to use its new capital in part to continue to grow there and globally. We’ve scaled up so massively in investments in our growth and technology, but running on a loss is very odd for us,” he told TechCrunch. “We

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ZestFinance Gets $150M In Debt Financing

socalTECH

Los Angeles-baesd online lender ZestFinance said today that it has raised $150M in debt financing, from Fortress Investment Group. ZestFinance was founded by Douglas Merrill, former CIO of Google; the company is venture backed by Peter Thiel, Matrix Partners, Kensington Capital Holdings, and Eastward Capital Partners.

CIO 100
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ID Analytics Hires CIO

socalTECH

Pathman joins the firm from Lehman Brothers, where he was Senior Vice President and Chief Information Officer for the investment bank's Small Business Finance Division. ID Analytics is backed by Canaan Partners, Investor Growth Capital Ltd., Mission Ventures, and Trinity Ventures READ MORE>>.

CIO 100
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IntraStage Raises Angel Funding

socalTECH

According to the firm, it raised a Series A investment led by the Tech Coast Angels. The firm is headed by Patrick Kelly, and the Tec Coast Angels investment was led by Bob Fried, the former CIo of Staples. The firm is headed by Patrick Kelly, and the Tec Coast Angels investment was led by Bob Fried, the former CIo of Staples.

Angel 140
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Bringing The Benefit Of Managed Cloud To Enterprises, With Metacloud

socalTECH

That allows companies to reuse their existing capital, get full control over where their data resides, and where their performance is very deterministic, day in and day you, because you''re not sharing it with any other tenant on the public cloud. CIOs are wondering if they should jump in, wait for production, or wait for things to mature.

CIO 207