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The Riveter Takes $15M To Expand Beyond Los Angeles, Seattle

socalTECH

Female co-working space operator The Riveter --which operates coworking space both in West Los Angeles and Marina Del Rey--said this week that it has raise $15M in a Series A funding round. READ MORE>>.

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textPlus Lands $18M, Buys Jarvus

socalTECH

textPlus , the maker of the popular texting application by the same name, said today that it has raised $18M in a new funding round, led by The Raine Group. Prior investors Kleiner Perkins Caufield Byers, Matrix Partners and GRP Partners also participated in the funding.

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Interview with Dave Eastman, Viterbi Startup Garage

socalTECH

For today's interview, we spoke to Dave Eastman, the Director of the Viterbi Startup Garage, a startup incubator that is run by the University of Southern California, out of its location in Marina Del Rey. The Startup Garage is located physically in Marina Del Rey, in the twin tower on Admiralty.

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Rinse Opens On-Demand Dry Cleaning In LA

socalTECH

Rinse , a San Francisco-based on-demand dry cleaning and laundry service, said Thursday that it is expanding it service to Los Angeles, after raising a $3.5M funding round.

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AuctionPoint Gets Investment From MySpace Co-Founder

socalTECH

Marina del Rey-based AuctionPoint , which operates an online auction service for commercial real estate, said today that it has received a strategic investment from Tom Anderson, co-founder of MySpace. The company said the new funding will go towards accelerating the firm's nationwide expansion. READ MORE>>.

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CADFORCE Acquired By Neilsoft Ltd.

socalTECH

Marina Del Rey-based CADFORCE, a venture-backed provider of CAD support services, has been acquired by Puna, India-based Neilsoft Ltd. CADFORCE co-founder James Katz told socalTECH.com that the firm will remain in Marina Del Rey, with the whole team staying on. READ MORE>>

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Reflections on 2016: Kevin Winston, Digital LA

socalTECH

Kevin Winston: Digital LA's biggest news of 2016 was celebrating our fifth annual Silicon Beach Fest, with more than 2,000 attendees at the Marina del Rey Hotel. When we first started in 2012, panel programming focused on how to fund your startup, find a CTO, etc.