socalTECH
AUGUST 5, 2011
On a hillside overlooking the Pacific Ocean in Malibu, Internet veteran Jeff Stibel has quietly been assembling a powerhouse team of executives, gathered from his experience building companies like Web.com and United Online. The company has since doubled its worldwide staff to more than 500, and grown its Malibu headquarters by five times.
socalTECH
JANUARY 17, 2020
Homebound , a startup which rebuilds homes after disasters--and which has offices in Malibu--has raised $35M in a Series B funding, the company disclosed this week, bringing its total raised to $53M. The company's founders are Nikki Pechet and Jack Abraham. The company charges a fee based on the cost of a rebuild project.
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TechCrunch LA
JUNE 18, 2022
This week, we saw the interconnectedness of major institutions as crypto lending protocol Celsius stuttered and brought down Ethereum prices with it as investors feared a price collapse brought on by reportedly over-leveraged players like 3 Arrows Capital. Three Arrows Capital, Pantera Capital and Dragonfly Capital.
socalTECH
JANUARY 17, 2012
Malibu-based MalibuIQ and HRL Laboratories , the former research and development arm of Hughes Aircraft which was previously known as Hughes Research Laboratories, said Tuesday that they have tied together to commercialize inventions and IP from HRL. MalibuIQ is co-located at HRL's hillside campus, which overlooks the city of Malibu.
socalTECH
OCTOBER 4, 2010
billion in investments, according to the Q3 analysis of venture capital deals by socalTECH.com. According to an analysis of socalTECH's proprietary database of venture capital deals, venture investors invested slightly more than the $966M in Q3 of 2009, but less than the $1.6 Southern California venture totals for Q3 totaled around $1.0
socalTECH
DECEMBER 21, 2011
Malibu-based NexSteppe , a firm developing renewable feedstocks for the biofuel industry, announced today that it has raised $14M in a Series B round of funding. The funding was led by Braemer Energy Ventures, along with CYM Ventures and Zygote Ventures. NexSteppe was founded and is headed by Anna Rath.
socalTECH
JULY 30, 2010
a new firm built on assets spun out of Dun & Bradstreet , announced that it had raised $100M in funding from Great Hill Capital. s headquarters to Malibu. We've moved the corporate headquarters back to my hometown in Malibu, and we've purchase one of the largest, if not the largest, office in Malibu, at 20,000 square feet.
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