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Fast growing, Los Angeles-based mobile games and entertainment developer Scopely is in a big expansion, and has agreed to lease another 60,000 square feet of office space in CulverCity, according to the company's broker, CBRE. READ MORE>>.
CulverCity-based ThinkNear , a new startup focused on helping local merchants reach consumers with mobile, location-based ads, said today that it has raised $1.6M in a seed funding round. READ MORE>>.
FactoryFour , a startup which developing software to enable custom production of industrial goods, has raised $5M in a Series A funding, and set up shop in CulverCity. The startup's Series A funding was led by August Capital, and also included existing investor Refactor Capital.
The latest venturecapital totals from the PricewaterhouseCoopers/National VentureCapital Association''s MoneyTree Report was released this evening, tallying up $761.12M in investments in Q2 of 2014 in Southern California, up from Q2 of 2013, when $616.83M was invested in the region.
NextSpace , the co-working space developer which has locations in CulverCity and Venice, announced this morning that it has raised $825,000 more in a funding round, to go towards expansion in Northern California.
CulverCity- and Seattle-based Indi Molecular , a startup developing a synthetic replacement for antibodies, has raised $1.5M The funding was led by InterWest Partners, and also included a number of un-named angel investors. indi molecular venturecapital diagnostics medical lifescience protein' READ MORE>>.
CulverCity-based Fullscreen , which operates a multi-channel youTube network, and is led by George Strompolos (formerly of YouTube/Google), has raised $30M in a new round of funding, according to reports today. fullscreen entertainment youtube network venturecapital content studio hollywood' READ MORE>>.
Good Eggs , an online, local grocery delivery service which has been piloting its services in Los Angeles, has raised $8.5M in a funding round from Sequoia Capital, the company said Thursday. good eggs venturecapital grocery local delivery sustainable farmer' READ MORE>>.
Los Angeles-based Privlo , a technology driven startup offering up mortgage loans to consumers, said this week that it has raised $350M in a debt financing round, along with $3.8M The equity funding came from Spark Capital and QED Investors; source of the debt funding was not announced. The company is led by Michael Slavin.
CulverCity-based MiTu , a developer of digital content for the Latino market, said today that it has raised $10M in a Series B funding round. The new funding was led by Upfront Ventures. The company''s other investors included The Chernin Group LLC (TCG), Allen DeBevoise (Machinima) and Advancit Capital. READ MORE>>.
Getaround , the developer of a peer-to-peer car sharing service, said it has officially launched in the greater Los Angeles area. As part of the expansion to Los Angeles, Getaround has opened up an office in CulverCity, where it says it already has hired over a dozen full time and part time employees for the company.
Brad Feld visited Los Angeles this past week. ” Many people on the Westside of Los Angeles are using the term Silicon Beach these days to describe the amazing renaissance that is truly happening here. Let my try those for Los Angeles as an example: Second largest city in America with 13 million people. downtown LA].
CulverCity-based Cognition Technologies , the developer of natural language processing technology software, has raised $200,000, as part of an ongoing $500,000 funding round, according to a recent regulatory filing by the firm. No details on the funding have been announced. Source of the new funding was not disclosed. READ MORE>>.
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. The company has a significant presence in India, with headquarters here in CulverCity. Size of the investment was not announced.
He became a VC at London-based Benchmark Europe (now Balderton) and then CEO of Endemol, a large multibillion media company best known for creating & owning global franchises for Big Brother, Deal or No Deal and other unscripted television. Los Angeles Tech Market Analysis' billion deal to Disney. Silicon Valley and Who Will Win.
CulverCity-based Encantos , a developer of family entertainment and education titles, has raised $2M in a seed funding round, the company announced this morning.
Be Great Partners , a Los Angeles technology incubator, has recently released a report on the startup community in LA and the information shows a positive growth for startups here in LA. Los Angeles is 3 rd in the global startup ecosystem, behind Tel Aviv and Silicon Valley. Los Angeles has a diverse area of startups.
His startup, CulverCity-based Hyphos , just launched an early beta access at UCLA--his alma mater, and that of a number of his co-founders--this week, so we thought we'd learn more about what drove him to quit his job, and start the company. Was that funding an angel or VC round?
CulverCity-based Clutter , which offers up "on-demand" self storage of your extra stuff, has raised $200M in a Series D funding, the company announced on Wednesday morning. According to Clutter, the Series D funding was led by SoftBank Vision Fund with participation from Sequoia, Atomico, GV, Fifth Wall and Four Rivers.
Here, we have the thoughts of Rob Freelen , Los Angeles Market Manager for Silicon Valley Bank (www.svb.com). Signal Sciences, a CulverCity web application security company, is adding impressive clients and just closed a $30M Series C that will help it continue to scale. You'll be able to browse all of those contributions here.
CulverCity-based Encantos , an edtech startup which helps kids with literacy, learning skills, and life skills, has raised $5.7M the company also rpeviously raised funding from the NBA's Baron Davis, Angel Morales (Morales Capital), and Sol Trujillo (now Chairman of the company's board).
SIGNIFICANCE PASSING-MENTION. --> Tech Titans Hit the Beach As Silicon Valley moguls go on a home-buying spree in Los Angeles, theyre reshaping the real-estate landscape. Tech entrepreneurs and executives from Silicon Valley are moving south and buying up luxury homes in the Los Angeles area. PERSON David Sacks PERSON|David Sacks.
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