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LA gets a big SaaS exit as Fastly nabs the Culver City-based Signal Sciences for $775M

TechCrunch LA

The company raised $63 million in venture financing from investors, including CRV, Harrison Metal, Index Ventures, O’Reilly AlphaTech Ventures and Lead Edge Capital, and individual investors including former Facebook security officer Alex Stamos and Etsy chief executive Chad Dickerson. Morgan Stanley & Co.

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Prime Focus Technologies Gets Private Equity Investment

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Size of the investment was not announced. The company has a significant presence in India, with headquarters here in Culver City. Los Angeles-based Prime Focus Technologies , a developer of ERP software for the media industry, says it has received its first round of funding from private equity investor Ambit Pragma.

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Southern California Startups Raise $761.12M in Q2 2014

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The latest venture capital totals from the PricewaterhouseCoopers/National Venture Capital Association''s MoneyTree Report was released this evening, tallying up $761.12M in investments in Q2 of 2014 in Southern California, up from Q2 of 2013, when $616.83M was invested in the region. Nationally, there was $13.0

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PacketFabric Picks Up $25M For Terabit Scale Network

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Culver City-based PacketFabric , a startup working on connecting major, carrier-neutral colocation facilities with terabit-scale network technology, has raised $25M in a Series B funding, according to the company. According to PacketFabric, it now has a presence at more than 150 Points of Presence (PoPs) in 17 metro markets.

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Getaround Expands Car Sharing Service To LA

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As part of the expansion to Los Angeles, Getaround has opened up an office in Culver City, where it says it already has hired over a dozen full time and part time employees for the company. The company had a soft launch in LA in March to onboard the first 50 car owners onto its platform.

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Techstars LA Draws International Companies For 2021 Class

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Techstars LA, the startup accelerator headed up by Matt Kozlov, announced its 2021 class this week, drawing an international group of twelve new companies to its startup accelerator in Culver City.

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Survios Finds $50M More For VR Game Efforts

socalTECH

Culver City-based Survios , a developer of virtual reality game titles, said this week that it has raised $50M in a Series C funding. The funding was led by MGM, and also included prior investors Lux Capital, Shasta Ventures, Danhua Capital, Shanda Holdings, Felicis Ventures and Dentsu Ventures. READ MORE>>.