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ARMORWAY Spins Out Of USC

socalTECH

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. The technology being commercialized by ARMORWAY was developed at USC's National Homeland Security Center for Risk and Economic Analysis of Terrorism Events (CREATE).

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USC Students Show Off Their Innovations at 2013 Innovator Showcase

Tech Zulu Event

Because the event was scheduled during Trojan Family Weekend, a weekend where parents and family from all over the nation come visit the USC campus, the event was filled with curious family members.

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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.

Algorithmia, Co-Founded By USC Grad Student, Gets $2.4M

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A new startup, Algorithmia , which was co-founded by a USC PhD student, said today that it has raised $2.4M The startup--which was co-founded by Kenny Daniel, who was recently pursuing a PhD in Artificial Intelligence at USC--says that it has created an online platform to let software engineers find different algorithms for us. The funding came from Madrona Venture Group, Rakuten Ventures, Deep Fork Capital, and angels. The company said Daniels specifically left the USC Ph.D.

USC Stevens Institute Funds Seven Projects

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In a bid to help research from the University of Southern California reach the market, the USC Stevens Institute for Innovation said Wednesday afternoon that it is awarding $439,000 in gap funding to seven projects from USC, which have a high potential to spin out of the school. USC Stevens said that the Ideas Empowered program was funded by James C. stevens institute venture capital funding commercialization research southern california education

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USC Spinouts Raised $148M In Last Two Years, Says University

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The University of Southern California is reporting today that spinouts out of the school have raised $148m in the last two calendar years (2008-2009), and that there are now at least 24 USC spinouts currently in business.

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USC Team Heads To Rice Business Plan Competition

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The competition--which is one of the largest in the world--also includes a new $100,000 prize from venture capital firm Kleiner Perkins Caufield and Byers, focused on clean technology. The USC team, Somatis Technologies , has not detailed its plans publicly. A student team from the University of Southern California is one of forty two teams heading to the 2011 Rice University Business Plan Competition in April.

New Leader at Intel Capital Adjusts Strategy as Global Summit Opens

Xconomy

Intel Capital has invested $38 million in 12 technology startups since July, highlighting its venture investment focus on innovations in self-driving cars and machine vision, the Internet of Things, sports and health, drones, and virtual reality. Intel Capital is the corporate venture and deal-making arm of Santa Clara, CA-based semiconductor and technology giant Intel (NASDAQ: INTC ).

Beauty Noted, Founded By USC Student, Gets $2.2M In Funding

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Beauty Noted , an online beauty and cosmetics social discovery site founded by USC student Sarah Kortschak, said Tuesday that it has raised $2.2M The startup--which is based in San Francisco--said the funding came from Kortschak Investments, as well as IDG Ventures and Crosslink capital. university kortschak walter discovery social cosmetics startup capital venture beautynoted

Incubating LA's Startup Future At the USC Viterbi Startup Garage

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What''s the idea behind the incubator--which gives its startups $20,000 in capital, education, mentoring, working space, and more--and how is it tied to USC? They were interested in boosting companies coming out of USC. Why USC?

USC Stevens Taps VCs To Spur Spinouts

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USC Stevens Institute , the effort at the University of Southern California to spur innovation within the school, has tapped a number of venture capitalists to help guide a new mentorship and funding program, the institute said this morning. USC said that the program aims to identify the "most exciting and game-changing ideas imagined in the minds of USC researchers." Steven is a USC Trustee and General Partner at Sequoia; Klein is also a USC Trustee.

TONIGHT! #Bitcoin: Unlocking the Potential of Digital Payment Systems

Tech Zulu Event

Tonight, talkTECH is partnering with USC’s Institute for Communication Technology Management (CTM) to host a forum exploring the trends, regulatory environment, and product innovations likely to engender a tipping point for the mainstream adoption of bitcoin.

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What Mattered in 2010: Greg Martin, Archer Venture Capital

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This morning, we're sharing the insights of Greg Martin , a venture capitalist at Archer Venture Capital. I left a great firm, Redpoint Ventures (after 11 years), to start a new firm, Archer Venture Capital. opinions thoughts year capital venture archer

Silicon Beach @ USC

SoCal Tech Calendar

Thursday, September 13, 2012 -- Silicon Beach @ USC. SoCal has had a long history of tech innovation and Los Angeles is undeniably the creative capital. USC, with a strong entrepreneurial tradition and home to the leading school for cinematic arts, is pushing the Silicon Beach movement forward with an upcoming forum.

Silicon Beach @ USC

SoCal Tech Calendar

Wednesday, September 12, 2012 -- Silicon Beach @ USC. SoCal has had a long history of tech innovation and Los Angeles is undeniably the creative capital. USC, with a strong entrepreneurial tradition and home to the leading school for cinematic arts, is pushing the Silicon Beach movement forward with an upcoming forum.

USC Stevens' Krisztina Holly Departs

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The founding Executive Director of the USC Stevens Center for Innovation , Krisztina Holly , is leaving the center to pursue other interests, USC said late Friday. According to the university, Holly decided to leave USC this month to pursue other opportunities for entrepreneurship and innovation. Holly took the reins at USC Stevens in 2006, shortly after the center was funded. USC said so far the center has helped spin off more than 30 companies from USC's research.

Jaunt, USC Link On Virtual Reality Lab

socalTECH

Virtual reality hardware and software developer Jaunt --which is backed by The Walt Disney Company, Evolution Media Partners, China Media Capital, Highland Capital Partners, Google Ventures, Redpoint Ventures, Axel Springer, ProSiebenSat.1 SE, The Madison Square Garden Company, Peter Gotcher, Blake Krikorian, and Sky--says it has partnered with the USC Cinema School on a new virtual reality lab.

USC Viterbi Launches Startup Accelerator

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USC revealed this morning that it has created a new, startup accelerator on campus, the Viterbi Startup Garage , which will help students and alumni start technology companies in Los Angeles.

USC's Startup Accelerator Targets 10 Companies, Starts In May

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The startup accelerator will actually based based at USC's Information Sciences Institute in Marina Del Rey. startup accelerator incubator incubation kpcb venture capital investment

UTA Targets Early Stage Investments With New Hire

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The UTA has already been very active in approaching the startup commmunity, most recently backing the USC Viterbi Startup Garage with Kleiner Perkins. united talent agency hollywood content venture capital investment betterworks docstoc

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USC Stevens Appoints Two Directors

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The USC Stevens Institute for Innovation , the group at the University of Southern California run by Krisztina Holly, and which was kick started by a major donation from Sand Hill road venture capitalist and USC trustee Mark Stevens, said Wednesday that it has appointed two directors to the institute. Hull had previously been head of licensing efforts at USC's Health Sciences Campus.

Silicon Valley Venture Capitalist Stevens Gives $50M To USC For Brain Research

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Mark Stevens --who made his name as a venture capitalist at Sequoia Capital --along with his wife Mary, have given $50M in a gift to the University of Southern California , to go towards an institute focused on brain rsearch. Stevens had previously funded the USC Stevens Center for Innovation. He now runs S-Cubed Capital, his own private family office. donation california southern university school research brain capitalist capital venture sequoia stevens mark

2tor Finds $32.5M

socalTECH

New York-based 2tor , the online education startup which powers online degree programs from the University of Southern California (USC) and others, has raised $32.5M Greg Martin, of Los Angeles-based Archer Venture Capital, sits on 2tor's board. The funding came from Highland Capital, Redpoint Ventures, Novak Biddle Venture Partners, and CityLight. 2tor also has operations near USC. 2tor venture capital funding education degree startup

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Audyssey Gets Funding From Intel Capital

socalTECH

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. Audyssey''s technology is based out of research spun out of USC''s Immersive Audio Lab, called MultEQ.

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USC Launches Annual, $50K Entrepreneurship Prize For Engineers

socalTECH

The new prize, which is being funded by the Massiah Foundation, will award $50,000 each year to the best, entrepreneurial plan and idea to come out of the USC Viterbi engineering school.

LA Mayor Garcetti Launches Entrepreneur-in-Residence Program

socalTECH

Holly is a well known figure in LA''s technology landscape, having most recently been Vice Provost for Innovation at USC; Holly also had spearheaded similar, innovation efforts at MIT.

USC Stevens On Tech Transfer: Understand Venture Capitalists

socalTECH

The USC Stevens Institute for Innovation , the effort of the University of Southern California to foster innovation within its campus and the community, has been turning an eye to how to more effectively spin out academic efforts into companies.

From Football, to Private Equity, and Back Again: Haden In At USC

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Haden was a former quarterback for the Los Angeles Rams, and quarterback at USC, but since 1987 had been at RLH. Along with is appointment as Athletic Director, USC said that Haden will receive a joint appointment in the USC Marshall School of Business, and with the USC Annenberg School of Communications and Journalism. As part of the appointment, USC said that Haden resigns from his position as a trustee of the school.

Mobile Security Firms With Roots at USC Gets $5.5M

socalTECH

Lookout , a firm developing security software for mobile phones and started by two recent USC graduates, has raised $5.5M Tags: mobile security venture capital lookout flexilis in a funding , according to the New York Times this morning. According to the Times, the firm raised the new round of funding this month from Khosla Ventures. Lookout, formerly known as Flexilis, was based in Los Angeles, however, apparently is now listing its headquarters in San Francisco.

HypeMarks Gets $350K

socalTECH

HypeMarks was part of the StartEngine accelerator Q1 class; the company originally grew out of Sae Koo's business class at USC. idealab networking discovery social capital venture hypemarksLos Angeles-based HypeMarks , the developer of a service which helps users find new places to explore on the web, has raised $350,000 in a funding round, socalTECH has learned.

Online Learning Firm With Links To USC Gets Funded

socalTECH

2tor said it raised $10M in a Series A financing from Redpoint Ventures, along with Novak Biddle Venture Partnres and City Light Capital, for its service, which helps universities create online degree programs. 2tor also has offices just North of USC on Figueroa Street. Tags: 2tor online learning education venture capital redpoint greg martin executive

Accelerator Crazy In Southern California

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LA Cleantech Incubator , officially launched last week, and was created by Los Angeles Cleantech Alliance, a group supported by Mayor's Office, the Los Angeles Department of Water and Power, Community Redevelopment Agency for Los Angeles, NASA Jet Propulsion Laboratory, UCLA, USC, CalTech, and Arts Center College of Design. venture accelerator incubator capital techstars incubate startup mentorship entrepreneurshipWhat's the latest craze in startups in Southern Califonia?

A Chat With Jamie Montgomery On How LA's Tech Ecosystem Has Grown

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The conference is run by Jamie Montgomery , one of the local industry's pioneers in venture capital and investment. Jamie is currently also co-founder of March Capital Partners, in addition to running the summit. The universities are now more focused on the innovation economy, with schools like USC, UCLA, Caltech, the Claremont Colleges all bringing good people to LA. Some people don't sit and think about what they are trying to accomplish when they are raising capital.

Applied Proteomics Raises $22.5M

socalTECH

The funding came from Domain Associates, Vulcan Capital, and angel investors. Applied Proteomics was co-founded by David Agus, who is director of the USC Center for Applied Molecular Medicine and the USC Westside Cancer Center. Daniel Hillis of Applied Minds, and who is also a professor at USC's Keck School of Medicine. medicine personalized diagnostic lifescience gene capital venture proteomics applied

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Announcing The Socaltech 50: Southern California's Up-and-Comers

socalTECH

Ashish Soni , USC (Los Angeles, incubator/university). We''re proud to announce the Socaltech 50 , our list of the 50, up-and-coming people in Southern California''s technology ecosystem.

Maverick Angels Names New SoCal President

socalTECH

Henry is a startup investor and advisor, and also has served as an Assistant Professor at USC's Greif Center for Entrepreneurial Studies in the Marshall School of Business. maverick angels southern california finance financial venture capital angel investing exceutive

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The Silent Killer – The Company Your Community Never Created

Both Sides of the Table

For example, Lookout is a mobile security company that was founded by three talented graduates of USC. They started their company in LA but a couple of years after raising capital from Khosla Ventures in the Bay Area they ended up relocating there. Local capital matters. I think government and community members need to understand that capital formation is an incredibly important part of economic revival. But talent with no capital is another word for migration.

Streamlining The Sports Recruiting Process with FieldLevel

socalTECH

When we arrived at USC, we began to talk about how we struggled during the recruiting process. Our coaches did not have relationships, and I ended up walking onto the USC baseball team, and Kai ended up walking onto their club lacrosse team.

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2tor Gets $10M Line Of Credit

socalTECH

2tor--which maintains an office in Los Angeles near USC--is venture backed by The Hillman Company, SVB Capital, WestRiver Capital, Bessemer Venture Partners, Highland Capital, Redpoint Ventures, Novak Biddle Venture Partners and City Light Capital. 2tor education venture capital credit line finance online school courses

Response Genetics Gets $7.8M In PIPE

socalTECH

Response Genetics is developing technology to extract and analyze genetic information from tumors, to help in cancer diagnostics; the firm's technology is based on research originally developed at USC. molecular test diagnostic lifescience pipe capital venture cancer genetics responseLos Angeles-based Response Genetics , a developer of diagnostics test for cancer, said today that it has raised $7.8M in a private placement.

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