article thumbnail

Embodied Gets $22M For Lifelike Robots

socalTECH

Pasadena-based Embodied , a startup which says it is developing "life-like robots to revolutionize care and wellness for humans", announced Monday morning that it has raised $22M in a Series A funding round. Jason Schoettler from Calibrate Ventures and Andrew Firlik from JAZZ Venture Partners both join the company's board with the funding.

Pasadena 113
article thumbnail

2U Raises $120M In IPO

socalTECH

The company--which runs online degree programs for the University of Southern California (USC) and many other schools--had been backed by Redpoint Ventures, which funded the company out of its Los Angeles office. 2U''s first, online degree program was with USC''s Rossier School of Education. Redpoint Ventures owned 23.2

Redpoint 166
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Early Southern California Technology Pioneer, Gordon Marshall, Passes Away

socalTECH

USC named its business school after Gordon Marshall in 1996, after he made gave a $35M endowment to the business school; he also has funded a number of positions at the USC Viterbi School of Engineering. billion in sales before its acquisition by Avnet. Marshall Industries was sold to Avnet in 1999. READ MORE>>.

article thumbnail

USC Stevens On Tech Transfer: Understand Venture Capitalists

socalTECH

The USC Stevens Institute for Innovation , the effort of the University of Southern California to foster innovation within its campus and the community, has been turning an eye to how to more effectively spin out academic efforts into companies. READ MORE>>.

USC 100
article thumbnail

Negative Customer Acquisition Costs - Creative Startup Marketing Ideas - Eric David Greenspan

SoCal CTO

Some days I respond to questions asked by folks like yourself, the press, or an entity doing a case study, i.e. Citrix, RIM, USC. Our new customer acquisition has grown and our costs have plummeted. We are actually getting paid now to obtain customers, so our customer acquisition costs are now negative. I consider it INVALUABLE!

article thumbnail

Fetch Technologies Sold To Connotate

socalTECH

El Segundo-based Fetch Technologies , the developer of data aggregation and analysis software which was a spinout of USC's Information Sciences Institute, has been sold to New Jersey-based Connotate. According to Connotate, former Fetch CEO Ryan Mullholland becomes President of the firm with the acquisition. in funding.

article thumbnail

Interview with Ryan Disraeli And Stacy Stubblefield, Telesign

socalTECH

Stacy and Darren, our other co-founder who's not here right now, actually graduated from USC. We were really focused on customer acquisition. So you were able to fund your growth just from customer? We were quite profitable, quite quickly, which enabled us to self fund and grow. What were you doing before?