socalTECH

MARCH 2, 2017

VeloCloud Networks a , a developer of software defined, wide area networking (WAN) technology which is backed by Santa Monica-based March Capital Partners, has raised $35M in a big funding round, the company announced today. VeloCloud was one of the first disclosed investment in March Capital's first fund.

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DECEMBER 30, 2016

All this holiday season, we have been sharing the reflections on 2016 from the Southern California's technology ecosystem. What's your favorite technology gadget, device, or innovation you ran across this year? Finally, what do you think will have the biggest impact on the technology industry in 2017?

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DECEMBER 30, 2015

Today, we have the thoughts of Jeb Spencer of TVC Capital (www.tvccapital.com), a software focused growth equity fund which just raised a new fund, and has had some great success in the market. TVC Capital has also been a big supporter of socaltech over the years. What was the biggest news for you or your firm this year?

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DECEMBER 28, 2017

During the holiday season, our tradition over the last few years has been to post reflections on the past year and some predictions from Southern California's "movers and shakers" in the technology industry. This morning, we have a contribution from investor and investment banker Peter Cowen of Sutton Capital Partners.

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JUNE 28, 2018

Los Angeles-based Fitplan Technologies , a startup that develops mobile apps which connects users with workouts with routines used by what the company says are the "world's most influential fitness personalities", has raised $4.7M The startup was founded in Vancouver, Canada in 2016 by Landon Hamilton and Cam Speck. in a funding round.

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MARCH 23, 2016

A new survey, released this week by Silicon Valley Bank, finds that even as the availability of venture capital in Southern California is tightening, and lofty unicorn valuations are declining, startup entrepreneurs are still optimistic about the future of technology in the region. and China for their opinions.

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SEPTEMBER 16, 2015

Los Angeles-based Hyperloop Technologies , one of the companies looking to bring Elon Musk's concept of the Hyperloop, high speed transportation technology to life, has named Rob Lloyd as its new CEO. Hyperloop is venture backed by Formation 8, Sherpa Ventures, Zhen Capital, Caspian VC, David O. Sacks, and others.

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socalTECH

DECEMBER 8, 2015

Los Angeles-based Hyperloop Technologies , one of the startups looking to bring Elon Musk's grand idea for high speed transportation to life, has inked a deal for a test site in North Las Vegas, as it looks to complete an $80M, Series B funding round. Hyperloop Technologies says it now employs 72 full time in downtown. READ MORE>>.

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JANUARY 28, 2020

ServiceNow , the developer of information technology service management software which has major operatinos in San Diego, has acquired Mountain View-based Passage AI , a developer of conversational AI tools. Passage AI was founded in 2016 and had received funding from Blumberg Capital, Storm Ventures, Engineering Capital, 11.2

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JULY 24, 2019

Bryant Stibel , the Los Angeles area venture capital investment firm of Kobe Bryant and Jeff Stibel, has backed item tracking startup Tile in a new, $45M funding round. The growth equity funding was led by Francisco Partners, and also included GGV Capital, Bessemer Venture Partners, plus new investors Bryan Stibel and SVB Financial Group.

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JANUARY 11, 2018

Burnett had previously served as CFO of the company, from August 2016 to April of 2017. Interlink says Burnett has also been appointed CFO of BKF Capital Group, and OTC traded company which owns 11.93 Burnett was most recently CFO of Palmetto Clean Technology, Inc., Burnett as its Chief Financial Officer. percent of the company.

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MAY 23, 2018

The investment was made by Shell Ventures, the venture capital arm of Royal Dutch Shell. Sonnen set up its US headquarters in Los Angeles back in 2016. The company's products are based on LiFePO4 battery technology. READ MORE>>.

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APRIL 27, 2020

San Diego-based Lead Inclusively , a consulting firm which provides technology-enabled services around diversity, equity, and inclusion, said last week that it has raised $1.5M Denise Hummel is the founder and Chief Executive Officer of Lead Inclusively, which was founded in 2016. in a funding round. READ MORE>>.

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JUNE 26, 2019

Shepherd is currently Chairman of Bank of the West, and previously had been CEO of the bank from 2008 to 2016. CoreLogic says it now has twelve directors on its board, which is chaired by longtime technology veteran Paul Folino. Michael Shepherd to its board. He also served at The Bank of New York Company, Inc. READ MORE>>.

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NOVEMBER 2, 2017

Playa Vista-based Appetize , which develops tablet-based, modern point-of-sale (POS) technology for the food service and retail markets, says it has doubled its employee count in the last year to 200, as it sees what it calls "exponential" growth in its business. READ MORE>>.

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DECEMBER 29, 2015

As is the tradition at socaltech, over the holidays we publish contributions from some of the movers and shakers in the community, with their reflections on the past year and their thoughts on the upcoming year. Who or what do you think had the biggest impact on the technology industry in 2015? Lawrence Ng: Mobile Browser usage vs.

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APRIL 25, 2018

Sonos has received backing from such investors as BV Capital, Elevation Partners, Index Ventures, Kohlberg Kravis Roberts & Co., Santa Barbara-based Sonos has filed for a confidential IPO, according to a report on Wednesday, which says that Sonos is hoping to go public as soon as June. billion and $3.0 and Redpoint Ventures.

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JULY 18, 2017

The list of technology startups in Southern California who are "unicorns"--valued at more than $1 billion--surprisingly, might not be who you think, and in the sectors you might expect. and no, there aren't any entertainment-technology companies anywhere in sight). SpaceX (www.spacex.com). Cylance (www.cylance.com).

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socalTECH

FEBRUARY 8, 2016

The financing came from Herculus Technology Growth Capital and Hercules Technology III, L.P. CytRx said it has drawn $25M in financing under the loan, and will be allowed to pull the remaining$15M after December 31st of 2016, based on clinical trial milestones. The 48-month term loan has an interest rate of 9.5%

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OCTOBER 14, 2016

Southern California's venture capital totals dropped significantly in Q3 of 2016, to a mere $663.2M Carlsbad-based Ostendo Technologies , a developer of solid state lighting raised $41.8M in funding, according to the latest numbers from the PricewaterhouseCoopers MoneyTree report, based on data from Thomson Reuters.

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JUNE 24, 2016

Santa Monica-based HomeHero , the home care technology and services startup founded by Kyle Hill and Mike Townsend, has linked up with Cedars-Sinai to launch a new program called Safe Transition Home. Financial impact of the deal was not announced.

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SEPTEMBER 24, 2019

Zingle had been backed by Rincon Ventures and Crosscut Ventures, and had raised $3M in its Series A funding round in 2016. Medallia said that Zingle's technology is now being used by hospitality and travel companies to deliver "high touch service in real-time" at scale. Medallia said it will pay approximately $42M in cash for Zingle.

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OCTOBER 29, 2015

The funding came from Lux Capital and ARCH Venture Partners,a long with futurist Ray Kurzweil and blind adventurer Erik Weihenmayor. The company says it hopes to make its technology available to the general public in mid 2016. says that it has been testing its service initially with around 100 blind and low vision users.

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MAY 3, 2018

The Boca Raton, Florida-based startup said the lead investor in the round was Ron Zuckerman, a technology entrepreneur and investor. Washe has been in Southern California since at least July of 2016, when it started offering its services in San Diego and Los Angeles. READ MORE>>.

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MARCH 24, 2017

Cool Planet , the former Camarillo, California startup working on carbon conversion technology, has resurfaced in Colorado with a $19.3M Series A funding. The company still lists an office in Camarillo. READ MORE>>.

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socalTECH

JANUARY 4, 2011

Azusa-based Contour Energy , the battery technology firm based on technology licensed from Caltech, announced this morning that it has debuted a new line of coin cell batteries based on its technology. The firm said the batteries are in the 2032, 2025, 2016 & 2450 sizes.

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FEBRUARY 2, 2018

According to a regulatory filing by Bitvore, the funding comes as part of an round which kicked off in December of 2016, and so far includes 36 investors. The technical team at Bitvore includes such well known local technology execs as Greg Bolcer (CTO) and Alan Chaney (Chief Software Architect, VP Engineering).

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socalTECH

DECEMBER 28, 2015

As is a tradition for socaltech, we feature reflections on the past year from those in the community all during the last week of the year. Who or what do you think had the biggest impact on the technology industry in 2015? What are the technologies or things you think people ought to watch in 2016?

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socalTECH

DECEMBER 26, 2017

During the holiday season, our tradition over the last few years has been to post reflections on the past year and some predictions from Southern California's "movers and shakers" in the technology industry. Are there any technology innovations, gadgets, devices, software, that particularly caught your eye in 2017.

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Dollar Shave Club Tsavo Userplane Southern California 140

socalTECH

SEPTEMBER 16, 2010

For today's Insights and Opinions section, we have an article from Dr. John Paglia , an associate professor of finance and senior researcher of the Pepperdine Private Capital Markets Project. Tags: insights opinions venture capital clean tech cleantech energy power pepperdine opinion john paglia. READ MORE>>.

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MARCH 4, 2021

It runs our proprietary technology, and it's a platform that people can plug into. Buck Jordan: The story is, I was at the tail end of my last fund, Canyon Creek Capital, and I wanted to try something different. It's equalized finance, and it's equalized an elite, walled-off section of finance, venture capital.

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socalTECH

DECEMBER 30, 2019

Every year, at the end of the year, we share some reflections on the past year from our readers, entrepreneurs, venture capitalists, sponsors, and others in the local technology community. What new technology area, startup, service, or app did you find most interesting or useful this year, and why? READ MORE>>.

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socalTECH

AUGUST 19, 2019

com), based in Glendale, which has developed new heat energy storage technology aimed at use in the industrial sector. Parker told us about the origins of its technology, and how the company hopes to use its technology to make a big impact on fossil energy use at heavy industrial facilities. That was a $1.5

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MARCH 9, 2017

Veracity, which is backed by Microsemi and Frost Data Capital, recently inked a contract with the U.S. That's what we call OT, or Operational Technology. Paul Myer: Veracity was originally part of Frost Data Capital, as part of their incubator. We raised money from Frost Data Capital.

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MAY 10, 2018

Behzad Kianmahd is the co-founder of Los Angeles coworking space Cross Campus , which is one of the major centers of startup activity in Silicon Beachand also involved as co-founder and lead investor in a brand new, venture capital fund, TAU Ventures (www.ideasimmersion.com/tau-ventures/). It was the Summer of 2016, if I'm not mistaken.

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socalTECH

JANUARY 4, 2016

Over the last week or so, we've featured the reflections of our readers on 2015 and what it has meant for Southern California's technology industry. Who or what do you think had the biggest impact on the technology industry in 2015? What are the technologies or things you think people ought to watch in 2016?

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Southern California Entrepreneur News Technology 100

socalTECH

MARCH 12, 2019

Two of the hottest sectors in the market today for investments and startups are in the area of machine learning/big data and advancements in automotive technology. Bryan Biniak: Connected Travel was founde d n 2016. We caught up with founder and CEO Bryan Biniak to hear more about the company and what Connected Travel is doing.

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