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MomentFeed Finds $10M More

socalTECH

Santa Monica-based MomentFeed , which develops software used by retail brands for optimizing mobile and proximity searches, has raised $10M more in funding, the company said on Thursday. The funding was led by Level Equity, and also included Signia Venture Partners, Draper Nexus, and DFJ Frontier, all prior investors.

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Local Clean Energy Business Plan Contest Awards $160,000

socalTECH

First Look West also said it provided $5,000 in a "Tansformational Idea Award" funded by Draper University, the entrepreneurial education program from venture capitalist Tim Draper. firstlookwest first look business plan competition venture capital prize award cleantech university education spinout' READ MORE>>.

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MomentFeed Raises $5.5M

socalTECH

Santa Monica-based MomentFeed , which develops mobile marketing software which lets marketers understand correlate the activities of mobile users with the physical locations of those consumers, said this morning that it has raised $5.5M momentfeed venture capital location analytics software retail marketing social media'

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Wavemaker Portfolio Firm, Phunware, Goes Public Via Reverse Merger

socalTECH

Los Angeles-based venture investor Wavemaker Partners has seen one of its portfolio companies hit the public markets, albeit via an unusual, reverse merger arrangement. Stellar is a so-called "blank check acquisition company" specifically designed to for reverse mergers. As a result of the merger, Stellar is renaming itself as Phunware, Inc.,

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Qualcomm Backs Video Chat Service Tango

socalTECH

San Diego-based Qualcomm is backing a developer of mobile video chat services, Tango , via its Qualcomm Ventures arm, the two companies announced today. Tango develops a video chat service which lets users conduct video chats with their Apple iPhone or Android smartphone, and also provides free phone calls and video messaging.

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Siimpel's November Haul: $8.78M

socalTECH

Arcadia-based Siimpel , a developer of micro-electro-mechanical optical technology, hauled in $8.78M in its November funding, according to figures released in this week's PricewaterhouseCoopers/NVCA MoneyTree report. Tags: venture capital optical semiconductor mems hardware. READ MORE>>.

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500 Startups Presents Bitcoinference

Tech Zulu Event

In light of a less than savory PR landscape, I saw this event to be an important call to attention to the developements towards the Bitcoin industry for 2014, as well as geographically important gathering of minds and enthusiasts in the space. He then dove into a keynote Q&A with Dan Held , developer of recently acquired Zeroblock LLC.

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