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LA gets a big SaaS exit as Fastly nabs the Culver City-based Signal Sciences for $775M

TechCrunch LA

Los Angeles was always more than a one-industry town, even when it comes to technology startups, as media and entertainment (and social networking) were always the big draws in Tinseltown. We’re thrilled to help lead the way for the broader tech community in Los Angeles.” Image Credit: Getty Images/franckreporter.

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Prime Focus Technologies Gets Private Equity Investment

socalTECH

Los Angeles-based Prime Focus Technologies , a developer of ERP software for the media industry, says it has received its first round of funding from private equity investor Ambit Pragma. Size of the investment was not announced. The company has a significant presence in India, with headquarters here in Culver City.

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White House Order Bans TikTok, WeChat

socalTECH

The executive order cited a "national emergency with respect to the information and communications technology and services supply chain". employees, with its largest office in Culver City. TikTok has 1500 U.S. READ MORE>>.

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Getaround Expands Car Sharing Service To LA

socalTECH

Getaround , the developer of a peer-to-peer car sharing service, said it has officially launched in the greater Los Angeles area. The San Francisco company's service works through something called Getaround Connect, technology which allows renters to locate and unlock a car using an iOS or Android smartphone app. READ MORE>>.

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Jukin Media Gets Strategic Funding

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Los Angeles-based viral video company Jukin Media has raised a strategic funding round, for that company''s video entertainment network on YouTube, according to the company. The company says it has more than 40 employees in Culver City. The company said the funds will go towards bolstering its technology and infrastructure.

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Zuma Ventures: Creating A New Technology Startup Model

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David Carter and Allen Hurff are two startup veterans, who believe they have a new formula to help create early stage, technology companies, through their new "startup studio", Zuma Ventures (www.zumavc.com). Incubators, at the core level, take basic core level technology and try to build a company around it.

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TCA Funds Cognition Therapeutics

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The Tech Coast Angels , the largest angel investment group in Southern California, is part of a syndicate funding Pittsburgh-based Cognition Therapeutics , a drug discovery firm focused on Alzheimer's. in a Series A funding, led by Golden Seeds and including the Tech Coast Angels. According to Cognition, it raised $2.5M