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FactoryFour Raises $5M in Venture Capital Funding

L.A. Business Journal

Manufacturing software maker FactoryFour, which recently opened a new Culver City office, received a $5 million round of funding led by Menlo Park, Calif.-based based venture capital firm August Capital, with participation from Refactor Capital.

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Scopely Expands In Culver City

socalTECH

Fast growing, Los Angeles-based mobile games and entertainment developer Scopely is in a big expansion, and has agreed to lease another 60,000 square feet of office space in Culver City, according to the company's broker, CBRE. READ MORE>>.

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FactoryFour Finds $5M, Sets Up Shop In Culver City

socalTECH

FactoryFour , a startup which developing software to enable custom production of industrial goods, has raised $5M in a Series A funding, and set up shop in Culver City. The startup's Series A funding was led by August Capital, and also included existing investor Refactor Capital.

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Parallel Systems Picks Up $49.55M For Autonomous Trains

socalTECH

Culver City-based Parallel Systems, a startup developing autonomous train and transportation technology, said today that it has raised $49.55M in a Series A funding round. The funding was led by Anthos Capital, and also included Congruent Ventures, Riot Ventures and Embark Ventures.

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Openpath, Founded By Founders Of Edgecast, Gets $7M

socalTECH

Culver City-based Openpath , a new startup founded by Alex Kazerani and James Segil, the founders of Edgecast, has raised $7M in a seed funding round, the company disclosed today. The funding came from Upfront Ventures, Sorenson Ventures, Bonfire Ventures, Pritzker Group Venture Capital and Fika Ventures.

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ThinkNear Gets $1.6M For Location-based, Mobile Ads

socalTECH

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. READ MORE>>.

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Replicated Raises $50M In Series C

socalTECH

Culver City-based Replicated, a developer of a container-based platform which makes it easier for software vendors to deploy cloud native applications inside customers'​ environments, has raised $50M in its Series C funding, the company said Tuesday.