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Cheese Targets Asian Community With Digital Banking, Backed By $3.6M

socalTECH

A new, Pasadena-based fintech startup, Cheese, said on Wednesday that it has launched a digital banking platform focused on Asian communities. According to the company, it is offering up zero-fee, cashback banking services to customers, serving primarily Asian-Americans and immigrants in the United States.

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Virtualitics Raises $3M For AR/VR/AI Startup

socalTECH

Pasadena-based Virtualitics , a new startup which provides data visualization in virtual reality (VR) and augmented reality (AR) environments, and says it uses machine learning and artificial intelligence, has raised $3M in a seed funding round. The funding came from un-named angel investors.

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New Incubator/Coworking Space Emerges In Glendale

socalTECH

A new startup incubator and coworking space in the Los Angeles area-- Voivoda Labs --said this week that it is looking to looking to vet new startups in the area to join its newly built incubator in Glendale. Voivoda says that Babajov has ties to the Band of Angels, Tech Coast Angels, Pasadena Angels, Keiretsu Forum Angel networks.

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HubHaus $1.4M To Match Professionals With Shared Housing In LA

socalTECH

HubHaus , a startup which operates an online marketplace which lets people find shared housing with people with similar professional and other interests, has raised $1.4M in a seed funding round, the company disclosed this week. The company currently offers up its service only in San Francisco and Los Angeles.

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Rexter Gets $1.5M To Put Contact Management On Steroids

socalTECH

Rexter , a brand new, Pasadena startup looking to put business contact management on steroids, said today that it has raised $1.5M in a seed funding round, which included local high profile technology executives Ted Meisel, Gil Elbaz, Sean Moriarty, Jarl Mohn, along with Siemer Ventures.

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Punchcard Takes On Mobile Loyalty

socalTECH

Looking to provide a high-tech twist on retail loyalty punchcards, Pasadena-based Punchcard --the latest startup out of Idealab--has debuted a set of mobile apps which allow retailers to virtually "punch" customer loyalty cards on Android and iPhone. Financial details of the seed funding in Punchcard have not been announced.

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Angel Investing and Technology Trends

SoCal Tech Calendar

Bruce Blomstrom of the Pasadena Angels will present a talk on ANGEL INVESTING: WHAT IT IS AND HOW IT OPERATES describing how angel capital fills the gap in start-up financing by providing seed funding prior to venture capital to advance high-growth, start-up businesses and economic development in local communities.

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