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Siemer Summit 2015 Announced, Tim Draper To Keynote

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This time, the event is being held at The Beverly Hilton in Beverly Hills, rather than Santa Monica, where the event had been held in prior years.

Zuma Ventures: Creating A New Technology Startup Model

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Incubators, at the core level, take basic core level technology and try to build a company around it. Explain exactly how Zuma Ventures works?

Behind the Scenes: Troy Carter’s SMASHD LABS with Suzy Ryoo

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Up to seven companies will be selected for this year’s program, which launches right after Labor Day, and wraps in the middle of November.

500 Startups Presents Bitcoinference

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The next portion of the discussion moves into investments into Bitcoin: the currency, technology, and in startups in the space. Setting Up 2014.

Shift Technologies Gets $50M More

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Shift Technologies , the online marketplace for used cars which has major operations in Los Angeles, has raised $50M in new funding for the startup, the company said today. The funding was led by Goldman Sachs Investment Partners (GSIP), and also included Draper Fisher Jurvetson (DFJ) and Highland Capital Partners. READ MORE>>.

Crosscut Ventures Backs Blockchain Startup

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Los Angeles-based venture investor Crosscut Ventures is one of the backers of a new startup, Fluent , developing blockchain technology for the financial markets. Louis Arch Angels. READ MORE>>. fluent crosscut ventures blockchain startup financial finance investment venture capital

Edeniq Acquired By Aemetis

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Edeniq , a cellulosic biofuels technology developer which had spun out of now defunct, Los Angeles-based Altra Biofuels, has been acquired by Silicon Valley biofuels developer Aemetis , the two said late last week. Edeniq was at one point located in Los Angeles, but moved to Visalia to be closer to its source of feedstock. READ MORE>>.

Enevate Expands Battery Efforts In Irvine

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Irvine-based Enevate , a developer of rechargeable battery technology, is expanding in Irvine, according to reports today. The venture backed firm, which has investments from Mission Ventures and Draper Fisher Jurvetson, is tripling its office space to 22,000 square feet, according to the Orange County Register. READ MORE>>.

EdeniQ Links With German Firm

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Financial details of the deal were not disclosed. EdeniQ's product is used at US, corn-based ethanol plants for increasing yields. READ MORE>>.

SpaceX Sets Satellite Launches

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SpaceX is backed by venture firms the Founders Fund, Draper Fisher Jurvetson, and Valor Equity Partners. READ MORE>>.

CapLinked Announces New Investors, Signs Up New Clients & Builds New Features

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Jackson said, “We’re using the proceeds from our financing round to invest in our technology, build new features, and increase sales and support.”. Team, Technology & Vision. Pleased to be an investor in the company, investor Lee Essner  said he was particularly drawn to CapLinked’s team, technology and vision.

Clean Technology Deals Hit $1.9B In Q1

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Clean technology venture cpaital deals hit $1.9 billion, across 180 clean technology companies in Q1, according to a report released yesterday by the Cleantech Group and Deloitte. According to the report, the investment represent a new record total in the number of quarterly clean technology investments.

Altra Biofuels Spinout Gets $30M More

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Both KPCB and Angeleno Group are also investors in Altra Biofuels. EdenIQ is based in Visalia. READ MORE>>.

Lalawag Goes To Silicon Valley's Valley Girl

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Los Angeles gossip and technology blog Lalawag , run by Sean and Laurie Percival, has been sold. Financial terms of the sale were not disclosed.

Cognition Raises $200K

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Culver City-based Cognition Technologies , the developer of natural language processing technology software, has raised $200,000, as part of an ongoing $500,000 funding round, according to a recent regulatory filing by the firm. No details on the funding have been announced. Source of the new funding was not disclosed. READ MORE>>.

SpaceX Announces Second Satellite Launch Deal

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In the second satellite launch deal announced today, Hawthorne-based Space Exploration Technologies (SpaceX) and ORBCOMM said that SpaceX will carry two new satellites to orbit this year. SpaceX is venture backed by Founders Fund, Draper Fisher Jurvetson, and Valor Equity Partners, and is headed by technology mogul Elon Musk.

MyShape Runs Out Of Cash, Shuts Down

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Apparently, the firm is now being shopped by Sherwood Partners, which specializes in assignment for the benefit of creditors and shutdown and liquidation of failed technology companies. Los Angeles-based MyShape , the online personalized fashion and women's clothing firm, has shut down. READ MORE>>.

Enevate Names CFO

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Irvine-based battery technology developer Enevate announced this morning that it has appointed John B. Kennedy was previously CFO at Sprocket Media and SolarBridge Technologies, and also has served at Primarion, ValueClick, and other companies. Kennedy as its new Chief Financial Officer. READ MORE>>.

Genomatica Claims Milestone

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San Diego-based Genomatica , the venture-backed developer of sustainable chemical technology, said this morning that it has achieved demonstration-scale fermentation using its process, on schedule. The announcement comes a day after the Department of Energy said it will be providing $5.0M to Genomatica to further develop its technology.

Western Digital Backs Memory Semiconductor Developer

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Irvine-based Western Digital has backed the developer of semiconductor memory technology, as part of a strategic funding round. Everspin Technologies , which develops "magnetoresistive RAM"--aimed at use in such things at solid state storage--said this morning that it has raised $29M in a Series B funding round. READ MORE>>.

Local Clean Energy Business Plan Contest Awards $160,000

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A local, clean energy business plan competition started by the California Insitute of Technology (Caltech), the University of Southern California (USC), and the University of California, Los Angeles (UCLA) has awarded $160,000 in prizes in its latest competition. READ MORE>>.

Genomatica Files For IPO

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San Diego-based Genomatica , a developer of renewable chemicals technology, has filed for an IPO, saying today that it is looking to raise up to $100M in an IPO on the Nasdaq Global Market. Genomatica said it has applied to list under the symbol "GENO". The firm's IPO is being underwritten by Morgan Stanley, J.P. READ MORE>>.

Genomatica Raises $45M

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San Diego-based Genomatica , a developer of sustainable chemical technology, announced today that it has raised another $45M in funding. Prior investors Alloy Ventures, Draper Fisher Jurvetson, Mohr Davidow Ventures and TPG Biotech also participated. The new funding brings the company's total raised to $84M. READ MORE>>.

Carbon Micro Battery Becomes Enovate

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Irvine-based Enovate Corporation , which is backed by Mission Ventures and Draper Fisher Jurvetson, said today that it has renamed itself from Carbon Micro Battery. Enovate is a spinout of the University of California, Irvine, and has raised $5.3M in venture financing from such firms as Mission Ventures and Draper Fisher Jurvetson.

NeuroVigil Gets Funding

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La Jolla-based NeuroVigil , a firm developing non-invasive wireless brain recording technology and advanced computational analysis techniques, has raised a first round of funding, the firm said this week. NeuroVigil said the funding came from an "anonymous American industrialist and technology visionary".

Ranker Adds Executives

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Walker is an investor and has been involved in such companies as Westpoint Integrated Technologies; Holt previously has been at Internet Brands, eHarmony, OnGreen.com, and Neodata. According to the company, it has appointed Glenn Walker as Chief Strategy Officer at Ranker, and Stan Holt as Chief Revenue Officer. READ MORE>>.

Genomatica, Waste Management In Research Deal

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San Diego-based Genomatica , a developer of renewable chemical production technology and processes, has inked a strategic joint development agreement with Waste Management , the firms announced this morning. Financial terms of the deal were not disclosed. READ MORE>>.

NeuroVigil Finds More Funding

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La Jolla-based NeuroVigil , a developer of brain monitoring tools and technology, said it has received a second financing round. 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. Size of the funding was not disclosed. READ MORE>>.

SoCal Venture Capital Investments Total $497.8M In Q4

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The biggest investments for the quarter went to Irvine-based Fisker Automotive , which raised $78.0M, followed by Hawthorn-based Space Exploration Technologies Corporation (SpaceX), the commercial rocket firm of Elon Musk, which raised $50.2M. Orange County had a relatively healthy $121.9M, boosted mostly by the Fisker Automotive investment.

Genomatica Raises $21.25M

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Genomatica says on its web site that it has now raised more than $40M in financing from TPG, Mohr Davidow Ventures, Draper Fisher Jurvetson, and Alloy Ventures. Genomatica develops technology to replace fossil fuel based chemicals with renewable products. No details on the new funding have been disclosed by the firm. READ MORE>>.

Tech Titans Peter Thiel, Matt Jacobson, Cameron and Tyler Winklevoss, Mich Mathews, Elon Musk Buy Homes in Los Angeles

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PERSON Timothy Draper PERSON|Timothy Draper. NAME Timothy Draper. Facebook. Twitter. WSJ Live. WSJ Live. MarketWatch. MarketWatch.

Amonix Ties With Solar Cell Developer

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According to the two companies, Amonix and Solar Junction are in a collaboration which will combine the Amonix module technology with Solar Junction's solar cell technology. The two said the deal will help increase efficiency of the Amonix products, and help lower costs. READ MORE>>. amonix solar cell efficiency solarjunction

Synthetic Genomics Inks $300M Deal With ExxonMobil

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Craig Venter and funded by Draper Fisher Juvetson, Meteor Group, Biotechonomy LLC and Plenus, S.A., BP plc, and ACGT Sdn Bd, said this week that it has inked a deal with ExxonMobil Research and Engineering, to develop next generation biofuels using photosynthetic algae developed by the company.

Altra Biofuels Spinoff EdenIQ Gets $12.4M

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EdenIQ , the biofuels yield enhancement technology firm that is a spinout of Los Angeles-based Altra Biofuels , has scored a $12.4M READ MORE>>.

Interview with Jeb Spencer, TVC Capital

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They had been slowly building their technology and growing customers, and it was a very much break-even type of business. Thanks! READ MORE>>.

Synthetic Genomics Brings Funding Up To $35.0M

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La Jolla-based Synthetic Genomics , a developer of genomics technology for the biofuels industry, has now raised $35M of its ongoing $50M funding round, according to a recent regulatory filing from the company. synthetic genomics exxon mobil exxonmobil venture startup capital biofuel cleantech clean technology energyREAD MORE>>.

Cognition In Licensing Deal With Microsoft

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Los Angles-based Cognition Technologies , the developer of semantic, natural language processing technology focused on the Internet search area, is reporting a win with Microsoft's Bing search engine today. The firm--which is headed by Scott Jarus--said it has licensed some of its proprietary semantic technologies to Microsoft Corp.

MyShape Raises $5.5M More

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The funding came from Draper Fisher Jurvetson, Tenaya Capital, and Draper Fisher Jurvetson Growth Fund. The company said the new funding will go to grow its operations, aggressively build out its product assortment, and to further develop its personalization technology. more in funding.

SpaceX Gets Satellite Contract

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SpaceX is venture backed by Founders Fund, Draper Fisher Jurvetson, as well as Musk's own personal fortune. READ MORE>>.

Cognition Trumpets Semantic Mapping

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Los Angeles-based Cognition Technologies, a provider of search engine technology, claimed Tuesday that it has created the "world's largest semantic map of the English language." The firm said that the information is being used as part of its technology for helping to improve search results and to personalize and filter content.