socalTECH

NOVEMBER 3, 2016

Pasadena-based ObEN , an Idealab-backed startup which is developing artificial intelligence technology for creating highly realistic, virtual reality avatars, has raised $7.7M in a series A funding, the company announced this mroning. Gordon Cheng (Cameron Pace Group China), and Idealab. The company is led by Nikhil Jain.

Artificial Inteligence 100

Artificial Inteligence Idealab Entertainment Pasadena 100

Both Sides of the Table

NOVEMBER 8, 2011

We have significant VC commitments (listed below) – every entering company will get $50,000 in funding, mentorship from top VCs and successful entrepreneurs plus free office space. For any company interested in applying please visit the website. To show these companies that they can remain in LA. For the past 2.5

Venture Capital 287

Venture Capital Funding Startup GRP Partners 287

socalTECH

AUGUST 15, 2019

Energy Vault , a startup of Pasadena-based Idealab developing radically different energy storage technology--based on the movement of large, concrete blocks via robotic arms--has raised $110M in a Series B funding, the company announced this morning.

Idealab 124

Idealab Pasadena Demand Design 124

socalTECH

OCTOBER 3, 2019

more in a Series B funding round, the company said Wednesday, in a round led by Palisades Growth Capital. According to X1, the new funding will go to hire aggressively in development and sales. The company recently has focused on cybersecurity, forensics and eDiscovery markets. READ MORE>>.

CTO Hire 124

CTO Hire Idealab Pasadena Software Development 124

socalTECH

FEBRUARY 10, 2015

in a Series A funding round. The funding was led by Alsop Louie Partners, and also included Arden Road Investments, Biotechonomy, Dolby Family Ventures, First Round Capital, Idealab and frogVentures. New Matter said the funding will go towards accelerating product development efforts. READ MORE>>.

Idealab 100

Idealab Pasadena Venture Capital Design 100

socalTECH

MARCH 27, 2013

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, including Oak Investment Partners--is still in progress.

Burbank 178

Burbank Idealab Technical Review Competition 178

socalTECH

MAY 25, 2016

Santa Monica-based March Capital Partners (www.marchcp.com) has just announced a brand new, $240M venture investment fund, led by longtime venture investing veterans Jim Armstrong, Sumant Mandal, Gregory Milken and Jamie Montgomery. What is the investment focus for this fund?

Southern California 113

Southern California Capital Funding Invest 113

socalTECH

JANUARY 29, 2010

Venture capital firm First Round Capital , the early stage venture fund whose Managing Directors include Idealab's Howard Morgan , said last night that it has created its own startup exchange fund, a fund which allows the founders of the firm's various startups to diversify their investments and share in the success of the company's portfolio.

Capital 169

Capital Funding OpenX Startup 169

socalTECH

MAY 26, 2009

Pasadena-based X1 Technologies , a developer of desktop search software, announced today that the firm has raised new funding from backer Idealab, plus made a few executive changes. Size of the new investment round in the firm was not disclosed by the company. Venture Partner re-upped in the new funding round.

Idealab 100

Idealab Technology Funding Pasadena 100

socalTECH

DECEMBER 2, 2011

According to multiple sources , the firm is dissolving the company, after failing to find federal matching funds for its efforts. Aptera had been backed by Esenjay Investments, Google, Idealab, The Beall Family Trust, and The Simons Family. READ MORE>>.

Idealab 185

Idealab Technical Review Google Invest 185

socalTECH

MARCH 31, 2010

in an equity funding round, according to a filing from the firm today. Source of the new funding was not disclosed, however, the firm has previously raised funding from Esenjay Investments, Google, Idealab, The Beall Family Trust, and The Simons Family. Aptera is building lightweight, 3-wheel electric vehicles.

Idealab 176

Idealab Google Equity Venture Capital 176

socalTECH

APRIL 21, 2014

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. READ MORE>>. facebook twitter hardware digital display retailer retail social capital venture enplug'

Idealab 157

Idealab Seed Funding Social Media Los Angeles 157

Tech Zulu Event

JANUARY 20, 2012

We have been holding off on this announcement for quite a bit and now we can officially announce Bill Gross of Idealab as our SuperDemo presenter. Bill Gross founded Idealab in March 1996 and serves as the company’s Chairman of the Board and Chief Executive Officer. Still Time to Submit Your Company!

Idealab 84

Idealab Tech Coast Angels CalTech Startup 84

Tech Zulu Event

JUNE 17, 2011

Excellent companies being submitted and most of which I wish could all be part of this amazing night. He is also an active investor with stakes in companies like Hipmunk, GroupMe, Facebook, Zynga (acquisition stock), and SV Angels. Alex Maleki , Member of New Venture Group at Idealab. Still Time to Submit Your Company!

Tech Coast Angels 100

Tech Coast Angels Idealab Angel Design 100

Tech Zulu Event

SEPTEMBER 27, 2011

The Spotlight: LA Tech Fall is garnering some excellent companies being submitted and most of which I wish could all be part of this amazing night. He has contributed to the success of dozens of companies, including the funding and strategic acquisitions of Movoxx, Tsavo and People Media. Still Time to Submit Your Company!

Tech Coast Angels 96

Tech Coast Angels Idealab Angel Startup 96

Both Sides of the Table

DECEMBER 14, 2014

and I thought if we brought the community together for common purpose we could create more of a sense of community to help new entrepreneurs get funded, assemble teams, raise profiles and help with biz dev, product, etc. Companies were getting funded more easily and many more companies were actually being created.

Venture Capital 290

Venture Capital Startup Idealab Funding 290

socalTECH

MAY 15, 2013

Peter Csathy , the CEO of San Diego''s Sorenson Media , and digital media veteran, has departed the company, and will head up a new legal and investment group formed by Manatt, Phelps & Phillips. There are dozens of legal firms servicing the high tech industry here, based on our tracking of those companies and their clients.

Media 168

Media High Tech Santa Monica Southern California 168

Tech Zulu Event

NOVEMBER 9, 2011

Today marks another great day for the LA startup community as one of the city’s prominent mentoring programs , Launchpad LA, received VC funding – for each startup. Congratulations Launchpad LA, and those who have an idea or a company looking for opportunities and one of the best networks to make it grow… apply now.

Venture Capital 74

Venture Capital GRP Partners Funding Idealab 74

Both Sides of the Table

FEBRUARY 21, 2010

One of the investment themes I’ve been focused on in the past 3 years has been Performance-Based Marketing. When I started investing the US advertising market was $300 billion with only 10% of it ($30 billion) of it being online and measurable. I hope to announce one investment in this space in the next few months.

Advertising 284

Advertising Invest RSS CPC 284

socalTECH

NOVEMBER 7, 2016

Nikhil told us a bit about the startup,which was spawned out of Idealab, and recently raised a round of funding from CrestValue Capital, Cybernaut Westlake Partners, Leaguer Venture Investment Co., Gordon Cheng (Cameron Pace Group China), and Idealab. How did you come up with the idea for the company?

Idealab 173

Idealab Artificial Inteligence Startup Ideas 173

socalTECH

FEBRUARY 23, 2011

Pasadena-based Foodme (www.foodme.com) is one of the first, external startups funded out of Idealab's New Venture Group, and is looking to help connect restaurants with customers using a CPA model. We caught up with founder John Delacruz to hear more about what the company hopes to do as it expands beyond Pasadena.

Idealab 217

Idealab Pasadena Pasadena Angels Demand 217

Tech Zulu Event

NOVEMBER 9, 2011

Today marks another great day for the LA startup community as one of the city’s prominent mentoring programs , Launchpad LA, received VC funding – for each startup. Congratulations Launchpad LA, and those who have an idea or a company looking for opportunities and one of the best networks to make it grow… apply now.

Venture Capital 65

Venture Capital GRP Partners Funding Idealab 65

TechCrunch LA

DECEMBER 19, 2018

million in seed funding to begin building a manufacturing facility and expand its presence in Los Angeles as the city continues to grow as a hub for robotics and automation. . That was around 2017, when the two first began brainstorming how they would build their company. Elementary Robotics has raised $3.6

Los Angeles 207

Los Angeles Angel Artificial Inteligence CalTech 207

socalTECH

JULY 14, 2011

The funding came to light via a regulatory filing earlier this month. The filing indicates the company is in the midst of a $3.0M Aptera failed to score DOE funding in the last round of loan and incentives from the Federal government's stimulus efforts. in what appears to be a convertible debt round. debt and warrant round.

Idealab 133

Idealab Google Report Funding 133

socalTECH

FEBRUARY 10, 2012

In recent months, a dozen accelerators and incubators have emerged in the Southern California area, looking to help take the new generation of technology startups to funding and beyond. In contrast with our earlier list of accelerators , these typically do not have set schedules, defined programs, and investment amounts. Funding: Yes.

Southern California 145

Southern California Incubator Guide Truecar 145

socalTECH

MAY 11, 2011

Los Angeles-based Momentum Ventures , the venture acceleration and funding firm, is no longer making investments and is winding down, according to a report from the Wall Street Journal. Momentum had not maintained a major investment fund, only a small bridge fund to help its portfolio companies to their next venture round.

Report 133

Report SoCalTech Idealab Journal 133

socalTECH

AUGUST 12, 2009

One of the continuing problems in the startup and venture market today is the issue of exit opportunities for companies, and in particular the problem of liquidity for founders. The firm has relationships with DFJ Gotham, Idealab, and others. We spoke with Michael Barton , Managing Director and CEO of the fund.

Venture Capital 165

Venture Capital Startup Idealab Technical Review 165

socalTECH

JANUARY 7, 2009

Carlsbad-based Aptera, the electric car startup backed by Google and Idealab, is delaying delivery of the firm's vehicles to customers, according to a letter to customers. Aptera raised $24M in a Series C investment from Google, Idealab, Esenjay Investments, The Simons Family, and The Beall Family Trust back in July.

Idealab 100

Idealab Product Google Startup 100

socalTECH

MARCH 1, 2012

The firm is backed by Idealab, and is headed by Internet veteran Andy Steuer. That's something that typically only large companies with large ERP budgets, like Amazon or eBay, have been able to do, something which has not been available to local businesses. Can you talk about your background? It's the second one I have started myself.

Southern California 245

Southern California Idealab Startup Customer 245

Both Sides of the Table

APRIL 17, 2012

Home to the Internet’s first true “accelerator,” Idealab led by Bill Gross. Whatever you’re trying to brand – your company, your community or yourself – this is the first exercise I would recommend that you start with. The people I know in LA building serious companies ARE working their asses off.

Startup 304

Startup Venture Capital Los Angeles Woodland Hills 304

socalTECH

APRIL 20, 2010

If you about it, their customers have begun opening up their purses, which have been kind of tied up in the last 18-24 months, they haven't been investing in new technology or products, and equities are getting more expensive. For us, as Series A investors, because we own so much of the company, these are meaningful exits.

Clearstone 140

Clearstone Idealab Incubator Invest 140

Tech Zulu Event

JULY 8, 2011

The Spotlight is shining down these amazing LA companies! And now without further ado I present the Spotlight: LA Tech Summer Winners: Spotlight Companies. It gives music companies a direct pipeline to market their products and services to music fans. Spotlight: LA Tech Summer SuperDemo is all electric car company CODA.

CalTech 100

CalTech Technical Review Company Companies 100

socalTECH

NOVEMBER 6, 2014

David Carter and Allen Hurff are two startup veterans, who believe they have a new formula to help create early stage, technology companies, through their new "startup studio", Zuma Ventures (www.zumavc.com). We sat down with David and Allen to learn more about how the company wants to change how startups are created.

Startup 231

Startup Technology Incubator Silver Lake 231

socalTECH

MARCH 21, 2014

In a world with a rash of startup incubators and accelerators, super angels, crowdfunding sites, and more, what''s the relevance of organized angel investments groups? He started the group because he wanted to help companies succeed. We want to help companies find success, with our help on board, our connections, and advice.

Pasadena Angels 162

Pasadena Angels Pasadena Angel Startup 162

socalTECH

JUNE 29, 2010

On the automobile side, there are at least six Southern California companies also working on their own, electric or other alternative vehicles, competing against Tesla and the traditional carmakers. Boone Pickens; Aptera Motors , in Carlsbad, which has funding from Google and Idealab; and Phoenix MC , based in Ontario.

Southern California 176

Southern California Rustic Canyon Marketing San Diego 176

socalTECH

DECEMBER 30, 2019

What was the biggest news for you/your company this year? Given my fascination with this sector (I also happen to serve on the board of a municipal utility), I have watched with great curiosity an Idealab portfolio company Energy Vault (initially named Energy Cache) evolve over the last decade.

SoCal 140

SoCal Southern California Startup Venture Capital 140

Tech Zulu Event

OCTOBER 19, 2011

CapLinked , the online platform for private investment funded by members of the “ PayPal Mafia “—announced that it is launching a worldwide pitch competition for entrepreneurs to present their business ideas to a panel of all-star judges from Idealab, Rincon, Rapidfire, and Actarus.

Competition 70

Competition Idealab Slides Startup 70