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Venture Capital Totals $603.2M In Southern California In Q3

socalTECH

Venture capital investments in Southern California for Q3 of 2011 are up from last year, but down from last quarter, according to the latest numbers from PricewaterhouseCoopers and the National Venture Capital Association based on data provided by Thomson Reuters. was invested in the region. in San Diego, and $141.4M

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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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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 The funding was led by Amazon's Alexa Fund and iRobot Ventures, and also included SOV and Grep VC. in a seed funding, the company said this week.

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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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Skyline Financial Raises $8.2M From GRP, Others

socalTECH

Los Angeles-based venture capital firm GRP Partners --which has been very active in the local technology startup market--has made its latest investment, in an interesting industry: mortgage lending. GRP is the lead investor in Skyline Financial , a Calabasas-based provider of mortgage banking and lending. READ MORE>>.

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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 Hurley--who co-founded YouTube--serves as Chairman of the new startup. in a seed funding round. Ken Martin serves as CEO.

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Lynda.com Inks Massive, $103M Funding Round

socalTECH

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. The business saw a dramatic growth when--due to the downturn of the dot com crash--the company started to post its video online.

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