socalTECH

NOVEMBER 30, 2011

in a venture debt round. The round came from Agility Ventures and Trinity Capital. San Diego-based Endeka Group , a provider of wireless Internet services, announced this morning that it has raised $4.2M According to the firm, the funding will go to support expansion of its wireless Internet services.

San Diego 145

San Diego Services Capital Customer 145

socalTECH

SEPTEMBER 6, 2012

Wellington Financial , a provider of venture debt and growth capital to high tech startups and other companies, said yesterday that it has closed on a $177.5M, fourth fund. Wellington is based in Canada, but has its U.S. offices in Santa Monica.

Funding 133

Funding Santa Monica High Tech Venture Capital 133

L.A. Business Journal

OCTOBER 23, 2017

Scott Painter’s next auto venture secures $1 billion debt and equity funding, Air Force adds more than $40 million to SpaceX engine contract and Snap overestimates Spectacle demand leaving hundreds of thousands unsold.

Equity 100

Equity SpaceX Funding Demand 100

socalTECH

AUGUST 3, 2010

San Diego-based Althea Technologies , a provider of contract development and manufacturing for the life sciences market, has raised $17M in debt funding, according to financing provider Hercules Technology Growth Capital. HTGC is a provider of both venture debt and equity to VC and private-equity backed firms.

Outsource Development 150

Outsource Development Technology San Diego Venture Capital 150

socalTECH

SEPTEMBER 14, 2021

Santa Monica-based fintech startup Grow Credit, which helps consumers build their credit score through payments for subscription services, said on Tuesday that it raised $106M in a combination of equity and debt. in equity, and $100M in debt. The company said the debt portion of the funding came from Arena Investors, LP.

Equity 113

Equity Santa Monica Commerce Funding 113

socalTECH

FEBRUARY 28, 2013

Ignyta is venture backed by Colt Ventures, City Hill Ventures, and others. The firm--which is focusing on treating rheumatoid arthritis (RA), lupus and other autoimmune diseases, said the new $1M capital term loan facility comes on top of an existing, $500K facility it has with SVB. READ MORE>>.

San Diego 147

San Diego Capital Funding Develop 147

socalTECH

DECEMBER 19, 2012

Lake Forest-based Newport Media , a developer of wireless semiconductors for the broadcast media industry, has received $10M in a venture loan, according to the firms providing the financing. The loan came from Horizon Technology Finance Corporation and Bridge Bank.

Media 138

Media Funding Technology Develop 138

socalTECH

NOVEMBER 14, 2017

Los Angeles-based venture capital investor TenOneTen Ventures is one of the backers in a round for consumer debt collection technology startup TrueAccord , which was announced this morning. The Series B funding for San Francisco-based TrueAccord was worth $22M, and was led by Arbor Ventures. READ MORE>>.

Artificial Inteligence 124

Artificial Inteligence Technology Venture Capital Los Angeles 124

socalTECH

JANUARY 15, 2020

in new funding, split between a $10.5M, equity funding and an additional $3M in venture debt. The venture debt round came from El Dorado Investment Company/Pinnacle West Capital Corporation. According to H2scan, the equity financing was a Series E, and came from Energy Growth Momentum, an UK-based private equity investor.

Equity 100

Equity Funding Capital Invest 100

socalTECH

OCTOBER 11, 2018

San Diego-based e-commerce marketplace operator Zebit --which lets underserved consumers buy items on credit through its marketplace--said this morning that it has received a commitment for up to $75M in debt financing, from Route 66 Ventures. Zebit said it will use the debt funding to expand its reach. READ MORE>>.

Funding 113

Funding San Diego Commerce Sites 113

L.A. Business Journal

OCTOBER 23, 2017

Fair, a flexible car ownership startup launched by Scott Painter, announced it raised an undisclosed round led by BMW i Ventures with participation from Penske Automotive Group and other unnamed investors.

Equity 100

Equity Funding Startup 100

TechCrunch LA

JULY 19, 2022

Ghost itself closed on a Series A equity round of $13 million, along with $7 million in debt, in June. The investment was led by Union Square Ventures and included participation from Eniac Ventures, Human Capital and Flexport. Meanwhile, Rebecca Kaden, general partner, Union Square Ventures, is joining the company’s board.

Product 191

Product Funding Technical Review Equity 191

socalTECH

AUGUST 27, 2019

Santa Monica-based Fair , which operates a vehicle subscription service that lets users subscribe to gain access to cars without the restrictions of a traditional lease, has raised $100M in a combined debt facility and equity investment, the company said this morning. The debt facility was provided by Ally Financial. READ MORE>>.

Equity 100

Equity Invest Santa Monica Tool 100

socalTECH

AUGUST 3, 2021

Rialto, California-based Plant Prefab, which develops sustainable, prefabricated homes, has scored $30M in a venture capital investment round. The company said the funding also included venture debt from Western Technology Investments and ATEL Capital Group.

Venture Capital 113

Venture Capital Capital Invest Funding 113

socalTECH

JUNE 10, 2019

The funding--which was disclosed via a regulatory filing--shows the round as a debt funding round, suggesting the funding is likely a convertible debt funding from existing investors. in funding back in 2017, from such investors as Illumina Ventures, Merck and others. SerImmune previously raised $8.0M

Funding 138

Funding Santa Barbara Technology Develop 138

socalTECH

MARCH 15, 2017

Los Angeles-based ProducePay , which operates a fintech startup to help farmers better manage their cash flow, has raised $77M in funding, split between $7M in equity and $70M in debt. The funding was led by CoVenture, and also included Menlo Ventures, Arena Ventures, CoVenture, Red Bear Angels and Social Leverage.

Equity 113

Equity Startup Los Angeles Funding 113

socalTECH

DECEMBER 4, 2013

Los Angeles-based hosting company DreamHost is announcing this morning that it has raised $30M in a debt financing round, from Goldman Sachs. acquisition merger funding debt capital venture colocation hosting dreamhost' The company said the financing closed November 27th. READ MORE>>.

Cloud Computing 250

Cloud Computing Web Acquisition Los Angeles 250

socalTECH

AUGUST 26, 2021

Orange County-based fintech startup Happy Money, which operates a service to help consumers better manage their money and pay off credit card debt, says it has named Jeff Winner as the company's Interim CEO. The company said its founder, Scott Saunders, will remain Chairman of the company.

Orange County 113

Orange County Chief Technology Officer Funding Help 113

socalTECH

JULY 17, 2017

Walnut, California-based Collectly , a debt collection service which tracks down patients owing overdue medical bills, has raised $1.9M in a funding, the company said last week. READ MORE>>.

Walnut 113

Walnut Services Funding Company 113

socalTECH

NOVEMBER 19, 2021

The company said the funding came in the form of a debt facility from Metropolitan Partners Group and equity capital from Heroic Ventures, Creator Capital, Together Venture Partners, and Vikrant Mathur & Alok Ranjan (the founders of Future Today Inc.). Size of the funding was not announced.

Funding 100

Funding Entertainment Acquisition Equity 100

socalTECH

OCTOBER 27, 2014

Irvine-based Kareo , which provides cloud-based, medical office software, said Friday that it has raised $15M in a mezzanine debt funding round. kareo debt funding medical office software venture capital finance' The funding came from Escalate Capital Partners. Terms of the new funding were not announced. READ MORE>>.

Funding 171

Funding Venture Capital Software Capital 171

socalTECH

FEBRUARY 13, 2014

San Diego-based Global Village Concerns , which provides an online service which helps school with their branding and marketing--via online e-commerce shops with branded merchandise and gear--has raised ar round of debt funding. The funding came from Agility Capital, a provider of venture debt to startups and other high tech companies.

Commerce 147

Commerce Platform Funding High Tech 147

socalTECH

DECEMBER 10, 2019

Los Angeles-based ProducePay , the venture-backed operator of an online marketplace for produce, has raised a big, $205M debt funding round, from Coventure and TCM Capital, the company said on Tuesday. The company, led by CEO Pable Borquez Schwarzbeck, has previously raised venture funding from Anterra Capital.

Los Angeles 100

Los Angeles Capital Funding Software 100

socalTECH

JUNE 24, 2020

Los Angeles-based Pipe Technologies , which is developing a subscription financing platform to help software companies finance their businesses without debt or dilution, has raised $60M in a funding round, the company said on Wednesday. The company said the new funding will go towards growth and expansion of its operations into new markets.

SaaS 113

SaaS Seed Funding Venture Capital Equity 113

socalTECH

MAY 24, 2021

and IDB Invest (Inter-American Development Bank Group), and also included Anterra Capital, Coventure and new investors Astanor Ventures, IGNIA, and Finistere. The company says the new round brings its total raised to over $300M, including both equity and debt. The funding was led by G2VP, with co-lead IFC (International Finance Corp.)

Pricing 113

Pricing Equity Los Angeles Capital 113

socalTECH

OCTOBER 7, 2014

Los Angeles-based Civic Resource Group , which develops cloud, mobile, and other software for government and other civic organizations, has raised $300,000 in a debt funding round, the company said this morning. The funding came from Lighter Capital, and came in the form of a revenue-based, debt funding round. Curtin, Ph.D.

Resource 138

Resource Venture Capital Mobile Los Angeles 138

socalTECH

JUNE 11, 2014

La Jolla- and Shanghai-based RuiYi , a biopharmaceuticals firm developing treatments for rheumatoid arthritis and cancer, said yesterday that it has raised $4M in a venture debt funding, from Silicon Valley Bank. ruiyi venture debt funding loan biotech lifescience' READ MORE>>.

San Diego 147

San Diego Funding Develop Development 147

socalTECH

AUGUST 22, 2012

El Segundo-based Fuhu , which is developing an Android tablet specifically aimed at kids, has raised $10M in venture debt. The funding was announced by venture debt provider ORIX Ventures. Specific terms of the venture debt deal were not announced. Fuhu's nabi is based on Android 4.0,

El Segundo 160

El Segundo eBook Funding Education 160

socalTECH

JULY 24, 2020

The funding--which included both equity and debt--was led by CoVenture and GPS Partners, and also included existing investor Golden Ventures and Sweet Capital. The company said the funding will go to expand its portfolio of media brands. The company is led by CEO Brian Verne and President Ishaan Sutaria.

Media 113

Media Snapchat Equity Los Angeles 113

socalTECH

JULY 29, 2014

The funding included $50M in secured debt from Pharmakon Advisors, and $12M in a Series B extension round. The company is backed by Ignition Ventures, Ignition Growth Capital and the Blue Haven Initiative. paxvax venture capital infectious disease vaccine debt financing lifescience' READ MORE>>.

San Diego 147

San Diego Equity Venture Capital Research 147

socalTECH

SEPTEMBER 16, 2015

Hercules Technology Growth Capital , a venture debt financing company that serves the venture capital-backed startup market, said today that it is expanding into Southern California. The company typically provides venture debt to companies who already have venture capital investments. READ MORE>>.

Southern California 100

Southern California Capital Technology Venture Capital 100

socalTECH

MAY 28, 2020

Los Angeles-based Stackin' , which operates a text-based, financial messaging platform which provides information to subscribers on how to save money, reduce debt, and start investing, has raised $12.6M As part of the funding, Stackin said that Marieke Christmann, Principal at Octopus Ventures, has joined the company's board of directors.

Tips 113

Tips Education Los Angeles Platform 113

socalTECH

APRIL 30, 2012

El Segundo-based NanoH2O the developer of high efficiency, reverse osmosis membranes for seawater desalination, announced this morning that it has raised a total of $60M in equity and debt funding. As part of the funding, BASF Venture Capital, Total Energy Ventures and Keytone Ventures will all gain a seat on the firm's board of directors.

El Segundo 237

El Segundo Funding UCLA Equity 237

socalTECH

APRIL 1, 2015

YapStone , which develops web and mobile payment technology, and also maintains an office at ROC in Santa Monica, has closed on $60M in debt financing, the company said this week. The funding was split between $40M in a senior credit facility from Comerica Bank, and $20M in subordinated debt from Bregal Sagemount. READ MORE>>.

Walnut 100

Walnut Funding Santa Monica Venture Capital 100

socalTECH

AUGUST 24, 2020

Anthemis Group, Tencent Holdings and CMFG Ventures, says it is launching a free, 6-week wellness course it calls "Peace". Orange County-based Happy Money , which is backed by. READ MORE>>.

Course 124

Course Orange County Design Help 124

Both Sides of the Table

SEPTEMBER 28, 2014

Understand how venture debt might shorten your projections. * If you have raised venture debt you might have even less time. Obviously if you have venture debt your runway would be longer provided you haven’t called it yet while if you have spent the venture debt you have a much bigger obligation as cash winds down.

Startup 383

Startup Company Companies .Net 383

socalTECH

JULY 1, 2019

RealWear , a developer of helmet-mounted, wearable Android computers, has scored backing from San Diego-based Qualcomm Ventures , in a $80M funding, the company said this morning. Teradyne, Bose Ventures, Qualcomm Ventures LLC (QCOM), Kopin Corporation (KOPN), and investors from JPMorgan's (JPM) Private Bank.

High Tech 113

High Tech San Diego Startup Equity 113