March Capital Backs Gaming SDK Developer Genvid In $2.5M Funding

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Los Angeles-based venture investor March Capital Partners is the lead investor in a new funding round for gaming software development kit (SDK) developer Genvid , according to Genvid. in new funding led by March Capital Partners, and also including OCA Ventures. Genvid develops an SDK which allows game developers and publishers to connect their games to interactive video streaming services, including YouTube and Amazon Web Services.

Core Innovation Capital Plans $100M, Third Fund For Fintech Investments

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Los Angeles-based fintech venture capital investor Core Innovation Capital is out looking for new investors in its third fund, with a target of $100M, according to regulatory filing by the firm on Friday. The fund--managed by Arjan Schutte and Kathleen Utecht--invests in financial technology companies, and counts such portfolio companise as Fair , Honest Dollar (acquired), CoverHound , Mirador (acquired), Nerdwallet , Ripple , Tio (acquired), and many others.

Invest 122

How to Develop Your Fund Raising Strategy

Both Sides of the Table

There is all sorts of advice on the Internet about how to raise capital. I’ve raised money as a “hot company” and I’ve raised capital when no one would return my phone calls. I now observes the fund raising process as a profession. Always be fund raising.

March Capital Backs Video Game Developer nWay

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Los Angeles-based venture capital investor March Capital Partners is one of the lead investors in a round for mobile video game developer nWay , which announced a $11M funding on Wednesday. According to nWay, the funding, which was facilitated by Lionsgate, was led by both March Capital Partners and Ridge Ventures, and also included Baseline Ventures (Steve Anderson), TransLink Capital (Jay Eum) and WI Harper Group (Jeffrey Chu).

Illumina Ventures Raises $230M Venture Capital Fund

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Illumina Ventures , the early-stage venture capital investor which was founded by San Diego-based life sciences equipment maker Illumina , says it has raised $230M for its first fund. The venture capital investment fund said it is focused on genomics, and will invest in companies in the areas of life science research, clinical diagnostics, novel therapeutic platforms, and other technologies impacting human health.

SmartAction Finds Funding From Staley, TVC Capital

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El Seguno-based SmartAction , which is developing artificial intelligence-driven, call center automation software, said today that it has raised funding in a management recapitalization by private equity investors Staley Capital and TVC Capital. Staley Capital is based in Boston, and TVC Capital is based in San Diego. intelligence artificial funding equity private recapitalization recap capital venture smartaction

Erasca Raises $64M For Oncology Drug Development Using AI

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San Diego-based Erasca , a company which is using artificial intelligence to drive the discovery and development of new oncology drugs to help cure cancer, has raised $64M in a Series A funding, the company said this morning. The funding--which included both its Series A and an extension--came from ARCH Venture Partners, Andreessen Horowitz, Reneo Capital, and other private investors. According to the company, the new funding will to towards.

Toba Capital Backs Grow.com In $16M In Funding

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Toba Capital , the venture fund run by former Quest Software founder Vinny Smith, has backed reporting and analytics dashboard software developer Grow.com in a $16M Series B funding round. The funding also included Peterson Ventures, Pelion Venture Partners, Kickstart Seed Fund, and HubSpot. Toba Capital also led Grow.com's SEries A funding. Toba Capital is based in Orange County.

Moonshots Capital Leads Investment In Complai, Developer Of Shep

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Los Angeles- and Austin-based Moonshots Capital , the new venture investment fund founded by Kelly Perdew and Craig Cummings, is on an investment roll, and has made another investment from its fund. As part of the funding, Craig Cummings, co-founder and General Partners of Moonshots Capital, has joined Complai's board. Moonshots Capital has been on a roll, having just announced the lead on two other companies earlier this month.

March Capital Backs Video Game Developer Wavedash Games

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Los Angeles-based venture investor March Capital Partners is the lead investor in video game developer Wavedash Games , which announced a $6M Series A funding round on Tuesday morning. The funding round also included Lowercase Capital, Advancit Capital, CourtsideVC, Machine Shop Ventures, Luma Labs, and Cherrytree VC. According to Wavedash, the new funding will go to grow its team and complete the development of its game, Platform Fighter.

March Capital Backs SpyCloud In $5M Funding

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Santa Monica-based venture investor March Capital Partners has led additional funding in SpyCloud , a company developing software to prevent account takeovers by cybercriminals, has raised $5M in a Series A funding round. SpyCloud announced this morning that it raised the new funding from Silverton Partners and March Capital Partners, both existing investors in the startup. employee capital venture security cybersecurity cybercriminal march spycloud

Billionaire Soon Shiong Funds Healthcare Systems Developer

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Financial details of the investment were not disclosed, however, Net.Orange described the investment from Soon Shiong's investment firm, California Capital Equity, as a "significant" growth equity capital injection.

Trace Gets Funding From Intel Capital

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Los Angeles-based Trace , a developer of mobile apps which automatically track your sports activity using sensors, video, and artificial intelligence, has scored a round of investment from Intel Capital. Size of the funding round was not announced. Intel Capital announced its investment in Trace on Thursday, as part of a larger announcement of investments of $60M in 15 technology startups.

A Deep Dive into What Has Really Changed in Venture Capital

Both Sides of the Table

I’ve heard a lot of people question whether there is too much money in venture capital chasing too few great deals. “We’re Others believe that new business models are emerging that could replace venture capital all together.

March Capital Leads Funding For Satellite Imagery Analysis Startup

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Los Angeles-based March Capital appears to be having a busy investment week this week, and has led an $30M, Series B funding in Santa Fe, New Mexico-based Descartes Labs , a developer of software used for satellite imagery analysis. Descartes Labs said the Series B funding was led by March Capital, and also included prior investors Crosslink Capital and Cultivian Sandbox. march capital venture descartes labs software satellite imagery

Kyriba Gets Funding From Mitsubishi UFJ Capital

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Kyriba , a developer of cross border, cloud-based treasurey, cash, and risk management software, which has offices in San Diego, said today that it has received an investment from Mitsubishi UFJ Capital. Size of the Series D funding round investment was not announced. Kyriba's existing investors include BPIfrance, HSBC, BRED Banque Populaire, Daher Capital, Iris Capital, and Upfront Ventures.

Tao Venture Capital Boosts 3D Ram Semiconductor Developer

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La Jolla-based Tao Venture Capital Partners , the investment firm led by venture veteran Tom Clancy, has put its dollars into a maker of 3D random access memory (RAM). According to Crossbar , it raised $25M in a Series C funding, adding new investors Tao Venture Capital Partners, SAIF Partners, Korea Investment Partners, and CBC-Capital. epvc enterprise clancy capital venture semiconductor chip technology crossbar

Qpex Biopharma Finds $33M For Antibiotics Development

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San Diego-based Qpex Biopharma announced this morning that it has raised $33M in a Series A funding round, to launch its efforts to battle drug-resistant infections. According to Qpex, the funding was led by New Enterprise Associates, and also included Adams Street Partners, LYZZ Capital, Hatteras Venture Partners and Stanford University Draper Fund. Qpex says it is developing new antibiotics to combat the threat of global antimicrobial resistance.

March Capital Leads $12M Funding In Xage Security

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Santa Monica-based venture inestor March Capital Partners is again the lead on an investment round this morning, in Silicon Valley-based Xage Security , a new startup focused on industrial internet-of-things (IoT) security. Xage, which is based in Palo Alto, said this morning that it raised $12M in a Series A funding round. The round was led by March Capital Partners, and also included GE Ventures, City Light Capital, and NexStar Partners.

March Capital Backed SpyCloud Adds $21M

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SpyCloud , a startup which develops cybersecurity products used to prevent account takeovers and which is backed by Santa Monica-based March Capital Partners , has raised $21M more in a Series B funding round, the company announced this morning. March Capital Partners co-led the Series A funding round for SpyCloud in 2018. in total funding. spycloud venture capital cybersecurity darkweb security software microsoft marchcp march

Snoop Dogg's Casa Verde Capital Funds Green Bits

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West Hollywood-based Casa Verde Capital , the new, $45M investment fund run by rapper Snoop Dogg, is one of the investors in a software developer developing code for running cannabis businesses. Green Bits , which focuses on compliance for cannabis dispensaries and retailers, said it raised $17M in a Series A funding, led by Tiger Global, and also included Snoop Dogg's Casa Verde Capital.

Southern California needs to find its hub for it to develop its own tech ecosystem

TechCrunch LA

The Alliance estimates that Southern California’s tech community could be one-third the size of Silicon Valley’s by supporting or further developing the six pillars it already has for innovation to occur.

Startup Developing Opioid Alternative Takes Top ‘Quick Pitch’ Honors

Xconomy

Watson Quick Pitch Competition to further the development of its nerve pain management device. The winner of the largest-ever startup pitch contest in San Diego is aiming to solve a problem that is weighing heavily on the national consciousness.

Consolidation is coming to gaming, and Jam City raises $145 million to capitalize on it

TechCrunch LA

A slew of banks are coming together to back a new roll-up strategy for the Los Angeles-based mobile gaming studio, Jam City and giving the company $145 million in new funding to carry that out.

Clearlake Capital Backs MetricStream In $65M Funding Round

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Santa Monica-based private equity investor Clearlake Capital has led a $65M investment round in risk management application developer MetricStream , Clearlake said this morning. Clearlake said the funding also included EDBI, Goldman Sachs, Sageview Capital, and others. Clearlake's Prashant Mehrotra has join MetricStream's board as part of the funding round. clearlake capital venture metricstream risk management software enterprise

Metawave Opens New Development Center In Carlsbad

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Metawave , a developer of wireless technology specifically aimed at self-driving vehicles, fixed wireless, and 5G networks, announced on Wednesday that it is opening up a brand new, advanced development center in Carlsbad. Metawave said it is hiring engineers and product development experts at the new office, saying it hopes to attract experts in the wireless sensing and communication industries looking for a "Silicon Valley" experience without having to move to the Bay Area.

DroneBase raises capital and partners with FLIR Systems to train pilots on thermal imaging tech

TechCrunch LA

Publicly traded sensor technology developer, FLIR Systems , is investing in a strategic round of funding for the outsourced drone imaging company, DroneBase.

Audyssey Gets Funding From Intel Capital

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Los Angeles-based audio processing technology developer Audyssey and Intel Capital said Tuesday morning that Intel Capital has made an investment in Audyssey. Financial details of the funding were not disclosed. The announcement came in conjunction with the announcement of investments in sixteen companies by Intel Capital, the venture arm of Intel. audyssey audio venture capital intel immersive southern california intl strategic processing multeq

March Capital Backs VeloCloud In Series C Funding

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Santa Monica-based venture capital investor March Capital Partners is the lead investor in a developer of cloud networking technology, VeloCloud Networks , as part of a new $27M funding round for that company. VeloCloud, which is based in Silicon Valley, said the new Series C funding was led by March Capital Partners, and also included Cisco Investments, New Enterprise Associates, and Venrock.

OpenGate Capital Acquires Mersive

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Los Angeles-based private equity investor OpenGate Capital has acquired Denver-based collaboration software developer Mersive , OpenGate said this mroning. Mersive develops software used for collaboration and meetings, based on both laptops and mobile devices as well as immersive in-room displays. Mersive was backed by 3M New Ventures, and was originally created as a research project funded by DARPA.

METRIX Capital Gets $5M For Funding Efforts

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Orange County-based investor METRIX Capital Group has announced a $5M funding round, which it says will go towards its alternative funding for small and medium sized businesses. The firm--which is led by Jeff Brannon--said that the funds will go towards its Revenue/Royalty Based Funding, an alternative loan program aimed at companies with at least six months of revenue and a growth plan. The firm says it provides funding from $50,000 to $500,000.

March Capital Leads $13.6M Round In ioTium

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Los Angeles-based venture capital investor March Capital is the lead investor in a Series B funding round for software-defined, converged infrastructure startup ioTium. in a Series B funding, which it says was led by March Capital Partners, and also included Honeywell Ventures, John Chambers' JC2 Ventures and Hanna Ventures plus GE Ventures and Juniper Ventures. March Capital Partners' investment in ioTium was led by Managing Director Sumant Mandal.

Amplify.LA Kicks Off Fundraising For Third Fund, Amplify.LA Capital III

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has kicked off fundraising for a third fund, Amplify.LA Capital III , according to a regulatory filing from the firm. in funding for the third fund. The accelerator recently had a high profile exit, in mapping technology developer Mapsense, which was acquired by Apple in September. amplifyla amplify startup accelerator venture capitalVenice, California-based startup accelerator Amplify.LA The filing indicates the accelerator is targeting $10.0M

Correction: 3D Ram Semiconductor Developer Gets Funding

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Update: Crossbar informs us that its investment announcement incorrectly identified the investor in this story as Tao Venture Capital Partners, when it should be an entirely different company -- Tao Invest, the investment fund of Nick and Joby Pritzker (also referred to as Tao LLC). The two funds are not related. Tao Venture Capital Partners is the venture investment fun dof Tom Clancy. crossbar technology chip semiconductor venture capital

Urovant Sciences Gets $100M In Debt Funding

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Irvine-based Urovant Sciences , which is developing biopharmaceuticals for treating urologic conditions, said late Friday afternoon that it has entered into a deal for up to $100M in debt financing, from Hercules Cpaital. According to the company, the new funding will go towards ongoing development of its lead compound vibegron, for business development opportunities, and for general corporate purposes.