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Crosscut Ventures Backs Blockchain Startup

socalTECH

Los Angeles-based venture investor Crosscut Ventures is one of the backers of a new startup, Fluent , developing blockchain technology for the financial markets.

Draper 100
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Avinew Finds $5M For Self Driving Vehicle Insurance

socalTECH

Westlake Village-based Avinew , a new startup looking at developing auto insurance for the autonomous vehicle market, has raised $5M in a seed funding round, according to the company. The funding was led by Crosscut Ventures, and also included American Family Ventures, Draper Frontier, and RPM Ventures.

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Chippmunk Raises $750,000 in Seed Funding for Scaling & Product Development

Tech Zulu Event

The seed round was led by investments from Richard Chino, a key early member of GoTo.com and Smarter.com; Dan Murray, CFO of Machinima ; Derek Draper of Wildfire by Google; Nikhil Srivastava of KKR ; Angel Investor Andrew Schwartz and other angles from LA and Silicon Valley. 750,000 for Scaling & Product development.

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Verge Genomics, Founded By UCLA Scientists, Raises $4M In Seed Funding

socalTECH

Verge Genomics , a biopharmaceuticals startup founded by scientists out of UCLA, said Tuesday that it has raised $4M in a seed financing round. The funding was led by IA Ventures, and also included Two Sigma Ventures, Draper Associates, Great Oaks VC, Slow Ventures, Karlin Venture, Elad Gil and David Lee. READ MORE>>.

UCLA 100
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Sensay Snags $4.5M For Chatbot Technology

socalTECH

Los Angeles-based Sensay , a developer of chatbot technology, has raised $4.5M in a seed funding round, according to the company. The funding was led by Norwest Venture Partners, and also included Greycroft Partners, Sweet Capital, NHN, Draper Associates and other.

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NeuroVigil Finds More Funding

socalTECH

La Jolla-based NeuroVigil , a developer of brain monitoring tools and technology, said it has received a second financing round. Size of the funding was not disclosed. According to the company, the round was led by Howard Morgan, and also included Elon Musk, Tim Draper, and Draper Fisher Jurvetson and Zone Ventures.

Draper 100
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Siemer Ventures Backs Ribbon

socalTECH

Ribbon, the developer of a social commerce platform which lets users list items for sale, distribute that through their social networks like Facebook , and accept credit card payments--said today that it has raised $1.6M in a seed funding round. Curious to what Siemer has been investing in lately?

Draper 164