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Cheese Targets Asian Community With Digital Banking, Backed By $3.6M

socalTECH

A new, Pasadena-based fintech startup, Cheese, said on Wednesday that it has launched a digital banking platform focused on Asian communities. According to the company, it is offering up zero-fee, cashback banking services to customers, serving primarily Asian-Americans and immigrants in the United States.

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Metacloud Debuts OpenStack Private Cloud Services

socalTECH

Pasadena-based MetaCloud , which provides fully managed, OpenStack-based cloud infrastructure for operating private clouds, launched today at the OpenStack Summit, with the backing of Storm Ventures. MetaCloud's fully managed services helps companies deploy their own, OpenStack cloud computing systems. READ MORE>>.

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Coronal Energy Gets Funding From Panasonic

socalTECH

Pasadena-based Coronal Energy , a provider of solar photovoltaic (PV) project development, financing, and operation services for the utility, municipal and corporate market, has scored a strategic investment from Panasonic , the two said this morning. Financial terms of the funding were not disclosed. READ MORE>>.

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Miso Robotics Eyes $30M Through Crowdfunding Effort

socalTECH

Pasadena-based food services robot developer Miso Robotics says it is expanding its crowdfunding efforts, with a goal of reaching $30M in funding in its Series C crowdfunding effort this year.

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The next big restaurant chain may not own any kitchens

TechCrunch LA

If investors at some of the biggest technology companies are right, the next big restaurant chain could have no kitchens of its own. ” Collins’ company just raised $10 million in a funding round led by GV , the investment arm of Google parent company, Alphabet. The Battle Is For The Customer Interface.

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HubHaus $1.4M To Match Professionals With Shared Housing In LA

socalTECH

in a seed funding round, the company disclosed this week. The company currently offers up its service only in San Francisco and Los Angeles. The funding was led by General Catalyst Partners.

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Metacloud Gets $15M More

socalTECH

Pasadena-based managed cloud provider Metacloud has raised $15M more, in a Series B funding round, the company said this morning. Metacloud said that its install based doubled over the last quarter, and explained that adoption has "accelerated dramatically" for the company''s products in the past year. READ MORE>>.

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