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Lucidity Announces $5 Million Funding Round

L.A. Business Journal

Marina del Rey advertising blockchain firm Lucidity (an affiliate of KR8OS Inc.) 15 it completed a funding round of $5 million in total, comprised of investments from six venture capital firms. announced Aug.

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Amazon Alexa Fund Backs USC Viterbi Startup Garage

socalTECH

The USC Viterbi Startup Garage , the startup accelerator that is part of the University of Southern California, has scored backing from the Amazon Alexa Fund , the venture investment arm of Amazon that invests in startups using Amazon Alexa. Financial details of the investment by the Amazon Alexa Fund were not announced.

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CREXi Collects $11M For Commercial Real Estate Technology

socalTECH

Marina Del Rey-based CREXi , which is developing a technology platform aimed at the commercial real estate industry, has raised $11M in a Series A funding, the company said on Monday. The new funding goes towards sales and marketing, to growing its team, plus building its products. READ MORE>>.

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AuctionPoint Gets Investment From MySpace Co-Founder

socalTECH

Marina del Rey-based AuctionPoint , which operates an online auction service for commercial real estate, said today that it has received a strategic investment from Tom Anderson, co-founder of MySpace. AuctionPoint said that Anderson joins its board of advisors as part of the investment. READ MORE>>.

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Southern California Companies Raise $2.49 Billion In VC In Q2

socalTECH

billion in venture capital in Q2 of 2016, according to the latest numbers from the MoneyTree Report from PricewaterhouseCoopers, the National Venture Capital Association, and Thomson Reuters. The boost in funding came despite a lower overall deal count, with 89 funding deals in Q2, versus 97 in Q1.

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Cooking.com Gets $13.5M

socalTECH

Marina del Rey-based Cooking.com has raised $13.5M in a debt and preferred equity round of funding, according to investment firm BIA Digital Partners II, LP. BIA said that the round also included primary equity backer Azure Capital Partners.

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Gogii Raises $8.2M

socalTECH

Marina del Rey-based Gogii , a developer of text messaging applications, said Thursday that it has raised $8.2M in a Series B investment round. Gogii's initial funding came from Kleiner Perkins' iPhone investment fund, iFund. Tags: jamdat mobile capital venture messaging text gogii.

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