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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.

Funding 100
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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.

Funding 100
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FaceCake Gets Funding For Virtual Dressing Rooms

socalTECH

Calabasas-based FaceCake Marketing Technologies , a developer of 3-D, virtual dressing room technology, has raised a round of funding from XG Ventures, a Silicon Valley venture firm whose founders are former Google execs. Amount of the funding was not disclosed.

Funding 190
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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.

Calabasas 113
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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>>.

Funding 178
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What Lynda.com Plans With Its $103M Funding, with Eric Robison

socalTECH

To get the story behind the new funding, we spoke with Eric Robison , the firm's President and CEO, last week. This was a situation where we had the opportunity to take on funding, at a point where we could utilize it to scale our technology platform, and to increase our global reach and expand our content, beyond what we'd do normally.

Funding 164
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What Lynda.com Plans To With Its $103M Funding, with Eric Robison

socalTECH

To get the story behind the new funding, we spoke with Eric Robison , the firm's President and CEO, last week. This was a situation where we had the opportunity to take on funding, at a point where we could utilize it to scale our technology platform, and to increase our global reach and expand our content, beyond what we'd do normally.

Funding 164