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IDrive Launches New, $10M Startup Fund

socalTECH

Calabasas-based IDrive , the provider of online backup storage led by Raghu Kulkarni, has launched a new, $10M startup fund called IDrive Ventures , the company said Friday. The company said it has already investe in four different companies out of the fund.

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IDrives Launches New, $10M Startup Fund

socalTECH

Calabasas-based IDrive , the provider of online backup storage led by Raghu Kulkarni, has launched a new, $10M startup fund called IDrive Ventures , the company said Friday. The company said it has already investe in four different companies out of the fund.

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Lynda.com Inks Massive, $103M Funding Round

socalTECH

According to Eric Robison, the firm's CEO, the funding round will go towards increasing the firm's global reach and expanding content. Lynda.com offers up online education courses on things like Adobe Photoshop, Illustrator, Microsoft Excel, AutoCAD, and much more. Meritech Capital also participated in the funding.

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Labrador Systems Raises $3.1M For Assistive Robots

socalTECH

Calabasas-based Labrador Systems, a startup developing assistive robots for the disabled, has raised $3.1M in a seed funding, the company said this week. The funding was led by Amazon's Alexa Fund and iRobot Ventures, and also included SOV and Grep VC.

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LA tech industry mourns Kobe Bryant

TechCrunch LA

The Los Angeles startup community is joining the rest of the world in mourning the death of NBA superstar, entrepreneur and investor Kobe Bryant who was killed in a helicopter crash in Calabasas, Calif., shortly before 10 a.m. Last year, the investment firm expanded with a $1.7

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GreenPark Sports, Founded By Former YouTube, Zappos, Blitz Founders, Finds $8.5M

socalTECH

Calabasas-based GreenPark Sports --a new startup founded by Chad Hurley, co-founder of YouTube; Nick Swinmurn, founder of Zappos; and Ken Martin, co-founder of Blitz--has raised $8.5M in a seed funding round. The funding round was led by SignalFire, and also included Sapphire Sports and Founders Fund.

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Spotlight Ticket Management Becomes TicketManager, Plans Hiring

socalTECH

Calabasas-based Spotlight Ticket Management , the venture-backed startup which helps companies manage their corporate sports and entertainment tickets for big brands like Coca Cola, Google, Comcast, and many others, has renamed itself Ticketmanager , the company said today. TicketManager is led by Tony Knopp.

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