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FactoryFour , a startup which developing software to enable custom production of industrial goods, has raised $5M in a Series A funding, and set up shop in CulverCity. The startup's Series A funding was led by August Capital, and also included existing investor Refactor Capital.
Los Angeles was always more than a one-industry town, even when it comes to technology startups, as media and entertainment (and social networking) were always the big draws in Tinseltown. Fastly is also setting up a $50 million retention pool of restricted stock units to give out to Signal Sciences employees.
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. Image courtesy Bigstock. READ MORE>>.
Brad wrote up his answer here – you should read it because it’s very instructive for how I believe communities ought to think about naming conventions. I recommend that you start by writing down the attributes you would want people to think about when they think about your brand. This is the list I would start with.
CulverCity- and Seattle-based Indi Molecular , a startup developing a synthetic replacement for antibodies, has raised $1.5M Caltech professor Jim Heath is a co-founder and board member of the startup, and the company has also licensed technology from the Scripps Research Institute. in a seed funding round. READ MORE>>.
David Carter and Allen Hurff are two startup veterans, who believe they have a new formula to help create early stage, technology companies, through their new "startup studio", Zuma Ventures (www.zumavc.com). We sat down with David and Allen to learn more about how the company wants to change how startups are created.
CulverCity-based ThinkNear , a new startup focused on helping local merchants reach consumers with mobile, location-based ads, said today that it has raised $1.6M in a seed funding round.
NextSpace , the co-working space developer which has locations in CulverCity and Venice, announced this morning that it has raised $825,000 more in a funding round, to go towards expansion in Northern California.
According to Soylent, it started offering up its "nutritionally complete, ready-to-drink meals" at 18 of 7-Eleven's stores in the Greater Los Angeles area on Monday, including a number of locations across Los Angeles, plus Santa Monica, CulverCity, Venice, and elsewhere. READ MORE>>.
CulverCity-based Fullscreen , which operates a multi-channel youTube network, and is led by George Strompolos (formerly of YouTube/Google), has raised $30M in a new round of funding, according to reports today. fullscreen entertainment youtube network venture capital content studio hollywood' READ MORE>>.
CulverCity-based Indi Molecular , a developer of synthetic replacements for antibodies, announced Tuesday that it has raised $300,000 more in its seed funding, bringing the total raised in the round to $1.8M. lifescience capital venture startup biology synthetic molecular indi indidx' READ MORE>>.
The founders of Crackle , the online streaming video and movie site owned by CulverCity-based Sony Pictures Entertainment , have announced a new venture capital fund. According to Josh Felser and Dave Samuel, the founders of Crackle, they have started a new venture fund called Freestyle Capital , with $27M in a Fund I close.
in a funding round from Sequoia Capital, the company said Thursday. The Bay Area startup said the funding was led by Sequoia Capital, and also included Harrison Metal, Baseline Ventures, Collaborative Fund, Kapor Capital, along with angels. good eggs venture capital grocery local delivery sustainable farmer'
CulverCity-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.
Los Angeles-based Privlo , a technology driven startup offering up mortgage loans to consumers, said this week that it has raised $350M in a debt financing round, along with $3.8M The equity funding came from Spark Capital and QED Investors; source of the debt funding was not announced. The company is led by Michael Slavin.
Two Southern California startups, Ortiva Wireless and Fonality , are among 18 companies which Intel said it has funded, to the tune of $77M in total venture investments. Fonality is based in CulverCity. Tags: ortiva wireless fonality intel venture capital. in a $10M funding effort.
CulverCity-based ALL DEF DIGITAL , a startup which says it will be delivering comedy, music, news, poetry and innovative artistry to consumers, has raised $5M in a funding round, the company said late Wednesday. add52 youtube video music capital venture hollywood content alldefdigital' READ MORE>>.
CulverCity-based Parallel Systems, a startup developing autonomous train and transportation technology, said today that it has raised $49.55M in a Series A funding round. The funding was led by Anthos Capital, and also included Congruent Ventures, Riot Ventures and Embark Ventures. The company is led by CEO Matt Soule.
CulverCity-based Replicated, a startup that provides commercial and open source tools to streamline distribution and management of third party applications into enterprises, says it has linked in with the Amazon Web Services (AWS) Partner Network (APN) Global Startup Program.
CulverCity-based Encantos , a developer of family entertainment and education titles, has raised $2M in a seed funding round, the company announced this morning. The startup said it will use funding for its subscription services, which revolve around hands-on craft activities for pre-school and primarly school age children.
CulverCity-based Replicated, a developer of a container-based platform which makes it easier for software vendors to deploy cloud native applications inside customers' environments, has raised $50M in its Series C funding, the company said Tuesday.
Venice, California-based Vetted , a new startup offering up on-demand, veterinary services at your home, has raised $3.47M in seed funding, the company disclosed this week. The funding came from Foundation Capital, Amplify LA, Sterling.VC, and ReImagined Ventures. READ MORE>>.
Santa Monica-based Factual , the open dataset and API provider started by Gil Elbaz, announced this evening that it has raised $25M in a first round of funding. Factual is the latest startup of Gil Elbaz, who co-founded Applied Semantics, the firm which developed Google's AdSense product.
CulverCity-based Openpath , a new startup founded by Alex Kazerani and James Segil, the founders of Edgecast, has raised $7M in a seed funding round, the company disclosed today. The funding came from Upfront Ventures, Sorenson Ventures, Bonfire Ventures, Pritzker Group Venture Capital and Fika Ventures.
CulverCity-based Talespin , a developer of virtual reality technology, has raised $15M in a Series B funding round, the company said this morning. The startup is led by CEO Kyle Jackson. The funding was led by Cornerstone OnDemand, and also included Farmers Insurance Exchange and HTC. READ MORE>>.
CulverCity-based Loosie , a startup developing loyalty and rewards software for mobile apps, said this morning that it has raised $3.5M The funding came from tim Kendall (Pinterest, Facebook), Michael Liou (Anvil Capital), Anthony Saleh, and Brad Schwartz (SLP Ventures). The startup is led by Marc Mitchell.
The passage of the law has unlocked a wave of entrepreneurial energy as startups look to build things that can make money and solve a real problem for the state — and eventually — the nation. The CulverCity, Calif.-based “We go to the homeowner and say you have this property here.
CulverCity-based Embrace, a new startup focused on helping companies manage the mobile data they are collecting, has raised $45M in a funding round. According to the company, the Series B funding was led by New Enterprise Associates (NEA), and also included Greycroft, AV8, and Eniac.
Holey Grail Donuts started selling its hand-fried, made-to-order taro donuts on Sunday mornings out of a little red burger trailer in Kauai in 2018. Dreiling, who was previously doing ecological engineering in Oregon, teamed up with his sister, Hana Dreiling, a private chef in Kauai, Hawaii, to start Holey Grail Donuts.
Be Great Partners , a Los Angeles technology incubator, has recently released a report on the startup community in LA and the information shows a positive growth for startups here in LA. Los Angeles is 3 rd in the global startup ecosystem, behind Tel Aviv and Silicon Valley. Los Angeles has a diverse area of startups.
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 CulverCity.
CulverCity-based Pocketwatch , a startup media brand focused on creating and acquiring content for kids, has raised $6M in a Series A funding round. The funding was led by Third Wave Digital, and also included Les Moonves (CBS ), Jon Landau (Avatar & Titanic), United Talent Agency (UTA), Robert Downey Jr.
CulverCity-based Encantos , an edtech startup which helps kids with literacy, learning skills, and life skills, has raised $5.7M the company also rpeviously raised funding from the NBA's Baron Davis, Angel Morales (Morales Capital), and Sol Trujillo (now Chairman of the company's board).
Los Angeles-based Harper Wilde , an online bra startup, has raised $2M in a seed funding round, the company said this week. Harper Wilde was founded by Jenna Kerner and Jane Fisher, and has its offices in CulverCity. Harper Wilde develops "no frill" everyday bras, offering up free in-home try-ons and free returns.
CulverCity-based NantWorks , the collection of companies run by biotech billionaire Patrick Soon Shiong, has backed gene sequencing startup Genos Research , the companies disclosed today. Genos said it raised $6M in the funding round from NantWorks.
CulverCity-based DataScience , a provider of data analytics services aimed at enterprises to help make sense of business data, said this morning that it has raised $4.5M in a Series A funding round. The round was led by Greycroft Partners, and also included Pelion Ventures Partners, Crosscut Ventures and TenOneTen.
Editor's note: All this week, and into the start of next year, we'll be featuring reflections on 2018 from notable investors, entrepreneurs, and others from Southern California's technology community. For the startup CEO, it can be their most important job. You'll be able to browse all of those contributions here.
Tech entrepreneurs and executives from Silicon Valley are moving south and buying up luxury homes in the Los Angeles area. He uses his former home, a just-under 900-square-foot beach bungalow two blocks away, to house Facebook employees visiting from up north. than in other parts of the city. More Mansion Videos.
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