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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

Culver City-based DataScience , led by former Sometrics' founder Ian Swanson, said today that it has raised $22M in a Series B funding. The funding was led by Whitehart Ventures, and also included Greycroft Partners. The company has now raised more than $28M in funding. READ MORE>>.

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Miven Venture Partners Gets IPO Exit At A10 Networks

socalTECH

Miven had invested in A10 Networks way back in 2006, as part of a Series B funding round for the company. Victor Tsao founded Linksys, which he sold to Cisco in 2003; Linksys is now owned by Belkin. READ MORE>>. socaltech miven venture partners victor tsao linksys founder merger acquisition exit security appliance'

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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 ). VICTORIOUS Raises $25M Series B ( link ). KELLY SLATER Sells Man-made Wave Co to World Surf League ( link ). AMPLIFY Publishes Its State of LA Tech ( link ). Mark Suster Launches SNAPSTORMS ( link ).

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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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What I Learned in 2014: Kevin Winston

socalTECH

The themes expanded to include both hot new startups, as well as companies like Cornerstone OnDemand, Belkin, and Telesign which have been part of LA tech for more than a decade. What was your biggest lesson learned this year? At the end of 2013, we were excited when there was an investment round of $20M to $30M.