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Westlake Village BioPartners Raises $500M In Two Funds

socalTECH

Los Angeles-based life sciences investor Westlake Village BioPartners announced today that it has raised two new venture capital funds, worth a total of $500M, for its investments in biotech companies. The venture investor says it has now raised more than $820M in total for its investments. READ MORE>>.

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Pray.com Finds $14M For Social Networking For Religious Communities

socalTECH

Westlake Village-based Pray.com , which develops social networking applications for religious communities, has raised $14M in a Series A funding, the company said this week. Pray.com offers up both iOS and Android applications that let users join their preferred "faith community". and Greylock Partners. READ MORE>>.

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CoverHound Raises $33.3M

socalTECH

CoverHound , which has offices in Westlake Village, and is also one of the portfolio firms of Los Angeles-based venture investor Core Innovation Capital , has raised $33.3M Los Angeles investor Core Innovation Capital, which makes investments in fintech startups, also invested in CoverHound's prior round.

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INVST Targets Institutional Investments, Signs New Clients

socalTECH

INVST , a Westlake Village-based startup which offers up an online platform to help alternative investment funds find accredited investors, has signed up three new clients for its service, the company said this week. READ MORE>>.

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Westlake Bio Unveils $320M Fund to Put Los Angeles on the Biotech Map

Xconomy

Los Angeles has long been in San Francisco’s shadow when it comes to life sciences investment. But a new venture capital firm led by industry veterans is trying to cast the City of Angels in a new light. Westlake Village BioPartners is launching today with $350 million in committed capital.

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inVia Robotics Rounds Up $20M For Warehouse Robots

socalTECH

Westlake Village-based inVia Robotics , the developer of warehouse robots led by Lior Elazary, has raised $20M more in funding, in a Series B round. inVia said the new funding was led by Point72 Ventures and also included investments from Upfront Ventures and Embark Ventures.

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Eight Repeat Entrepreneurs To Watch In SoCal

socalTECH

Here are eight Southern California companies and the experienced, successful entrepreneurs heading up their efforts, who haven't had any problems finding investors--or customers--for their firms. His latest startup, Row 44, is providing hardware to Southwest Airlines and other airlines for wireless access, and has a number of announced wins.