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Armata Pharmaceuticals Gets $7.0M Investment

socalTECH

Marina Del Rey-based Armata Pharamceuticals, a biotechnology company developing therapeutics for antibiotic-resistant and difficult-to-treat bacterial infections, said it has received $3.0M in an equity investment from the Cystic Fibrosis Foundation (CF Foundation).

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Advertising Tech Firm Lucidity Raises $5 Million

L.A. Business Journal

Marina del Rey advertising technology outfit Lucidity has raised a $5 million Series A round of funding to invest in engineering, product development and customer support.

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CREXi Collects $11M For Commercial Real Estate Technology

socalTECH

Marina Del Rey-based CREXi , which is developing a technology platform aimed at the commercial real estate industry, has raised $11M in a Series A funding, the company said on Monday. CREXi operates an online marketplace for commercial real estate, connecting buyers, sellers, and brokers.

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Evercar Plans LA Expansion For EV Rentals For Uber, Lyft Drivers

socalTECH

Los Angeles-based Evercar , a company which is developing an electric vehicle sharing network--starting with Los Angeles--says it plans a major expansion in this market, and plans to add as many as 1,000 vehicles in the Greater Los Angeles area.

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AuctionPoint Gets Investment From LoopNet

socalTECH

Marina Del Rey-based AuctionPoint , which operates an online service for helping property brokers auction off commercial real estate, has received a strategic investment from LoopNet , LoopNet said today. Financial terms of the investment were not disclosed. AuctionPoint was founded by Joe Tang and Keith Yang.

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Southern California Companies Raise $2.49 Billion In VC In Q2

socalTECH

Other big fundings contributing to the total included a $220M funding round for San Diego biotech firm Human Longevity Inc. , $111M raised by Marina Del Rey-based Thrive Market , and $100M raised by Irvine cybersecurity sofwtare developer Cylance. Nationally, venture capitalists invested $15.3

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Gogii Raises $8.2M

socalTECH

Marina del Rey-based Gogii , a developer of text messaging applications, said Thursday that it has raised $8.2M in a Series B investment round. Gogii's initial funding came from Kleiner Perkins' iPhone investment fund, iFund. READ MORE>>.

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