article thumbnail

Independa Raises $1.6M

socalTECH

in a seed funding round, the firm said today. The funding came from Miramar Venture Partners and CityHill Ventures. The funding will go towards development of its product line, distribution, and go-to-market and pilot programs. The firm also said it has received $200,000 in debt from Silicon Valley Bank.

Miramar 133
article thumbnail

How Frost Venture Partners Is Incubating The Big Data Future

socalTECH

We have our own small seed fund, which we trigger to fund that company and hire a team, a CEO and a CTO. Once we get our initial proof point and prototypes, we raise more money, both from internal and external venture capital. What they then immediately start to do, is prototype the product.

Incubator 208