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Druva Raises Funding, Heads to Santa Monica

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Druva Software , a developer of continuous data protection and disaster recovery products, announced today that it has raised $5M in a Series A funding round, and will be setting up its corporate headquarters in Santa Monica. According to Druva, the funding came from Sequoia Capital and the Indian Angel Network (IAN).

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At AngelHack Santa Monica, Teams Battle Sleep Deprivation, Nerves

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In Santa Monica, Hackathon first-timers and veterans all gathered at CrossCampus to hack almost 30 products within 24 hours. Presentations ranged from from a Dropbox-based podcast solution to a marketplace where you can sell your stuff to fund nonprofits.

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Outer Finds $50M In Funding For Outdoor Living Brand

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Santa Monica-based direct-to-consumer brand Outer, which sells outdoor living furniture and related products, has raised $50M in a Series B funding round, the company said this week. The company said it has now raised a total of $65M in funding. The company is led by CEO Jiake Liu.

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Arrowroot Backs ParkHub In $13M Funding

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Santa Monica-based private equity investor Arrowroot Capital is the lead investor in a funding round for parking technology developer ParkHub , in ParkHub's first instituional funding. According to the company, the funding is its first institutional funding round.

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PatientPop Raises New Funding Round

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Santa Monica-based PatientPop , which develops healthcare practice management software, has raised a new round of funding, the company said this morning. The new funding brings its total raised to $75M. According to PatientPop, the funding was led by Leerink Transformation Partners (LTP).

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Get.com Launches Product Discovery Site, Backed By $1M In Funding

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Santa Monica-based Get.com , a new startup founded by Jake Gold and Steven Fruchter, has launched, looking to help users make product purchase decisions. Get.com offers up an online site where people can search for and read reviews on products, including electronics, automotive products, beauty, and more.

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Tuition.io Gets $7M In Series B Funding

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Santa Monica-based Tuition.io , which helps employers offer up student loan repayment assistance as part of their employee benefits, has raised $7M in a Series B funding round, the company said today. says so far that it has signed up such clients as Live Nation, Staples and Fidelity Investments to its programs. READ MORE>>.

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