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Comcast Ventures Sets Up Shop In Santa Monica

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Comcast Ventures , the venture capital arm of Comcast Corporation , announced this morning that it has opened up an office in Santa Monica, and hired on Dinesh Moorjani as Managing Director in the new office. Moorjani was previously Executive-in-Residence at Warburg Pincus, and also was founder and CEO of Hatch Labs.

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Clearlake Capital Launches New Domain Registration Company, Newfold Digital

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Santa Monica-based private equity investor Clearlake Capital said this morning that it has created a new company, Newfold Digital, through the acquisition of Endurance International Group, plus strategic investment transactions with both Web.com and affiliates of Siris.

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Druva Raises Funding, Heads to Santa Monica

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Druva Software , a developer of continuous data protection and disaster recovery products, announced today that it has raised $5M in a Series A funding round, and will be setting up its corporate headquarters in Santa Monica. According to Druva, the funding came from Sequoia Capital and the Indian Angel Network (IAN).

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How TuesdayNights is Helping Women Entrepreneurs Connect With Capital

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Raising capital for a female-led startup can be very diffiult--which is what Justine Lassoff and Melinda Moore found out when they started their own company, LovingEco, in Los Angeles. Justine Lassoff: Melinda and I founded TuesdayNights to help women connect and to impact change through networking events and infinite gatherings.

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March Capital Partners Gets Exit As VMware Acquires VeloCloud

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Santa Monica-based venture capital investor March Capital Partners has chalked up another exit in its enterprise software portfolio, after VMware said Thursday morning that it has acquired VeloCloud , a developer of cloud-based, software-definied, wide-area-network (SD-WAN) technology. READ MORE>>.

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March Capital Partners Launches $240M Venture Fund

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Santa Monica-based March Capital Partners , the venture capital investment firm founded by venture investment veterans Jim Armstrong, Sumant Mandal, Gregory Milken and Jamie Montgomery, said this morning that it has had a final close on its first fund, at $240M.

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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 says it is using the blockchain to protect the security of industrial internet-of-things networks.

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