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Two Local Tech, Investment Executives Named In College Fraud Investigation

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Two people associated with Southern California's high tech investment and startup industry have been named as part of the far reaching investigation into a college admissions scandal , which named Hollywood actresses, CEOs, coaches at USC, UCLA, and UCSD, as well as many others. According to a complaint filed by the U.S.

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A2 Biotherapeutics, Founded By Amgen Vets, Gets $57M For Cell Therapies

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Agoura Hills-based A2 Biotherapeutics , a biotechnology firm started by veterans of Amgen which is developing cell therapies for cancer patients, has raised $57M in a Series A funding round, the company said this week. The funding came from The Column Group, Vida Ventures, Samsara BioCapital and Nextech Invest. READ MORE>>.

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StartEngine Raises $5M For New Crowdfunding Effort

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Los Angeles-based StartEngine has raised $5M in funding, according to the company, from SE Agoura Investment LLC (Aubrey Chernick). StartEngine, the onetime startup accelerator, has remade itself as an online, equity crowdfunding site, helping companies to raise money via crowdfunding.

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THQ Seeks Buyer As Sales Slip

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Agoura Hills-based videogame maker THQ is looking for a buyer, after reporting less-than-stellar results on Monday afternoon. THQ said it has hired an investment banker to help it consider "strategic alternatives", in hopes of raising additional capital to bring a number of titles to market.

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THQ Chips 114 Employees, Refocuses Warhammer Efforts

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Agoura Hills-based game developer THQ said Thursday afternoon that it is cutting 114 employees, and that it has "refocused" its efforts on its Warhammer 40,000: Dark Millennium development efforts. As a result of the moves, the firm said it is chopping its staff. studios, where 39 employees have been let go.

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THQ Chops 114 Employees, Refocuses Warhammer Efforts

socalTECH

Agoura Hills-based game developer THQ said Thursday afternoon that it is cutting 114 employees, and that it has "refocused" its efforts on its Warhammer 40,000: Dark Millennium development efforts. As a result of the moves, the firm said it is chopping its staff. studios, where 39 employees have been let go.

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Symark Names New CEO

socalTECH

Agoura Hills-based software provider Symark International has hired on a new CEO, the firm said today. Symark said that John Mutch has been appointed as Chief Executive Officer of the firm, joining from strategic investment firm MV Advisors, LLC.