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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., billion investment vehicle that was launched in partnership with the private equity fund, Permira, according to a report in USA Today.

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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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Malauzai Software Gets $6.5M More For Banking Apps

socalTECH

in a Series C funding ronud. The funding came from Wellington Capital Management. Malauzai is based in Austin, Texas, but has links to Los Angeles via its executive team, many of whom had worked at Calabasas-based Digital Insight before it was acquired by Intuit. READ MORE>>.

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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. Meritech Capital also participated in the funding. As part of the big new funding, Andrew Braccia of Accel and Vic Parker of Spectrum have both joined the company's board. READ MORE>>.

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Fulcrum Micro Raises $15M

socalTECH

Calabasas-based Fulcrum Microsystems , which develops high speed switching semiconductors, has raised $15.02M in a funding round, according to a regulatory filing by the firm earlier this month. The funding brings the company's total raised to over $113M in six rounds of funding. READ MORE>>.

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Masher Media Gains Angel Funding

socalTECH

Calabasas-based Masher Media , which is developing the online virtual world MyMiniPeeps.com for children, has received a round of angel funding from the Tech Coast Angels. Tags: masher media myminipeeps virtual world content videogame venture capital angel. MyMiniPeeps.com is targeted at kids 6 to 13. READ MORE>>.

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