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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. Los Angeles received $260.0M

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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. “This loss is shocking and puts into perspective how precious our moments on this earth really are. .”

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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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Malauzai Software Gets $6.5M More For Banking Apps

socalTECH

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. malauzai business banking software mobile bank community financial vons credit union creditunion venture capital' READ MORE>>.

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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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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. Tags: fulcrum microsystems switching venture capital semiconductor chip. 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 in a seed funding round.