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ARMORWAY Spins Out Of USC

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A new, Los Angeles startup, ARMORWAY , has spun out of the University of Southern California, the USC Stevens Center for Innovation announced THursday. According to USC, ARMORWAY has been issued an exclusive license to commercialize software to intelligently plan randomized, security patrols for security agencies. READ MORE>>.

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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. The announcement came in conjunction with the announcement of investments in sixteen companies by Intel Capital, the venture arm of Intel. READ MORE>>.

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USC Stevens Gives $498,700 To Six Projects

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In a bid to spur more startups out of the University of Southern California, the USC Stevens Institute for Innovation said Wednesday that it has awarded $498,700 to six research projects. USC's effort, the Ideas Empowered Program, is funded by James C. READ MORE>>.

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USC Marshall Awards $50K In Seed Funding Competition

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Six companies started by students at the University of Southern California's Lloyd Greif Center for Entrepreneurial Studies at USC Marshall have been awarded a total of $50,000 in seed funding, after competing in the center's New Venture Seed Competition held this week. providing online tutoring.

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Mobile Security Firms With Roots at USC Gets $5.5M

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Lookout , a firm developing security software for mobile phones and started by two recent USC graduates, has raised $5.5M According to the Times, the firm raised the new round of funding this month from Khosla Ventures. Tags: mobile security venture capital lookout flexilis.

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LA Mayor Garcetti Launches Entrepreneur-in-Residence Program

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In a bid to boost the Los Angeles economy and create new jobs in the city, Los Angeles Mayor Eric Garcetti said Friday that he has created a new "Entrepreneur-in-Residence" program, which will help the city in developing initiatives and policies aimed at growing, assisting and sustaining entrepreneurs in Los Angeles. READ MORE>>.

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Local Clean Energy Business Plan Contest Awards $160,000

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A local, clean energy business plan competition started by the California Insitute of Technology (Caltech), the University of Southern California (USC), and the University of California, Los Angeles (UCLA) has awarded $160,000 in prizes in its latest competition. READ MORE>>.

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