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Atar Capital Buys Canadian Technology Distributor Microcel

socalTECH

Los Angeles-based private equity investor Atar Capital said this morning that it has acquired Canadian technology distributor Microcel. Microcel represents such vendors as GoalZero, Polk, Belkin, fitbit and Logitech, and was founded in 1989. Atar Capital is led by founder and Managing Partner Cyrus Nikou. READ MORE>>.

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DFR2014 and the socalTECH 50: SoCal's Tech Industry Celebrates The Holidays

socalTECH

Thanks to everyone who joined us last night for the Digital Family Reunion , where we celebrated this year''s socalTECH 50 , and awarded Belkin founder Chet Pipkin with DFR''s Outstanding Achievement Award. dfr2014 socaltech50 socaltech holiday party skirball belkin award digital family reunion' Presenting Sponsor. Premium Sponsors.

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Phyn Finds $12M More For Smart Water Monitoring

socalTECH

Los Angeles-based Phyn , the Belkin spinout which is developing very advanced, machine learning-driven smart water usage monitoring systms, has raised $12M more in a funding round, the company announced on Thursday. The funding came from Belkin International and Uponor, both prior investors in Phyn.

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Phyn Taps Into $10M More For AI-Powered Plumbing Monitoring Device

socalTECH

Torrance-based Phyn , the developer of the remarkably advanced water monitoring technology spun out of Belkin, said today that it has raised another $10M in funding, from current investor Uponor. According to Phyn, the new investment will go towards market penetration and to scale the company's operations.

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DataScience Raises $22M

socalTECH

DataScience says it products--which can parse through and extract data from text and other sources--are already being used by Tinder and Belkin. The company has now raised more than $28M in funding. READ MORE>>.

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Tech and Entertainment Have a Home in Silicon Beach

Tech Zulu Event

Belkin is also here, as are digital entertainment firms Konami , ICANN , Rovi , as well as Cybercoders and USC Institute for Creative Technologies. As employees and entrepreneurs put down roots close to where they work, more venture capital funds flow in, more start-ups launch, and more of them go public or are sold.

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Digest 5/23-30: Snapchat’s $1.8B Raise, March Capital’s $240M Fund, Victorious $25M Series B

LATechDigest

MARCH CAPITAL Opens LA Shop with $240M Fund ( link ). BELKIN Launches PHYN to Apply Water Conservation to IoT ( link ). Preparing to speak with Shahin Farshchi of Lux Capital & Seth Gerson of @Survios at @uclaanderson VC event pic.twitter.com/YwqpmyHvYg. Series F ( link ). VICTORIOUS Raises $25M Series B ( link ).

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