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Virtualitics Raises $3M For AR/VR/AI Startup

socalTECH

Pasadena-based Virtualitics , a new startup which provides data visualization in virtual reality (VR) and augmented reality (AR) environments, and says it uses machine learning and artificial intelligence, has raised $3M in a seed funding round. The funding came from un-named angel investors.

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Rexter Gets $1.5M To Put Contact Management On Steroids

socalTECH

in a seed funding round, which included local high profile technology executives Ted Meisel, Gil Elbaz, Sean Moriarty, Jarl Mohn, along with Siemer Ventures. Rexter , a brand new, Pasadena startup looking to put business contact management on steroids, said today that it has raised $1.5M

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Virtualitics Finds $4.4M For VR, AR Tools

socalTECH

Pasadena-based Virtualitics , a developer of analytics software aimed at the virtual reality and augmented reality application market, has raised $4.4M in a funding led by The Venture Reality Fund, the company said today. READ MORE>>.

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Elementary Robotics raises cash to expand in Los Angeles’ growing robotics hub

TechCrunch LA

million in seed funding to begin building a manufacturing facility and expand its presence in Los Angeles as the city continues to grow as a hub for robotics and automation. . “Los Angeles is a great place for this, because we have a close relationship with Caltech and JPL,” according to Gross.

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FastSoft Names New CEO

socalTECH

Snyder has been involved in seed funding and founding such companies as Netboost (acquired by Intel), Jibe Networks, and Proxinet (acquired by Puma Technologies). FastSoft is venture backed by Miramar Venture Partners, and is a spinout of Caltech. The firm's software technology is being applied to accelerating TCP/IP transfers.

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Angel Funding Advice

Both Sides of the Table

Very few people fund individuals. I’m a software guy so I’m sure there are cases where building isn’t feasible. Professional angels / former entrepreneurs / seed funds – In Silicon Valley there are people like Ron Conway, Jeff Clavier, Mike Maples and many more. Team: You need a team.

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How Rexter Is Turning Connections Into Business, with Andy Wilson

socalTECH

That's the idea behind Rexter (www.rexter.com), which recently raised seed funding to ramp up its software to put "LinkedIn on steroids". You might be familiar with software like ACT or Goldmine, but what's interesting about those systems, is they've not fallen by the wayside. We're building this all around big data.