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Mature Companies Can Learn Many Things From Startups

Startup Professionals Musings

I know that dates me a good bit, but it also shows that I have been hanging around startups and big companies for a long time. In retrospect, however, Bill Gates did a lot of things right as a startup that I still look for today in aspiring entrepreneurs and their companies: Build a strong team. Enlist community of support.

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Shoreline Biosciences Finds $140M

socalTECH

San Diego-based Shoreline Biosciences, a developer of cell immunotherapies for treating solid tumors and hematologic malignancies, has raised $140M in a financing round, the company said today. The company said that Frank Yu, Founder, CEO and CIO of Ally Bridge Group, joined the company's board of directors as part of the funding.

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Cedars-Sinai Backs Censinet In $7.8M For Risk Management

socalTECH

Los Angeles-based Cedars Sinai is one of the major backers of a new startup, Censinet , in the company's Series A funding. The funding also included seed investors Schooner Capital, LRVHealth and Excelerate Health Ventures. According to Censinet, it raised $7.8M Censinet is led by founder and CEO Ed Gaudet.

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IntraStage Raises Angel Funding

socalTECH

San Diego-based IntraStage , a developer of quality management software for companies who design and manufacture electronic products, including statistical process control (SPC) and other testing and data analytics tools, has raised a round of angel funding. Other investors were not disclosed. READ MORE>>.

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Fintech giant Klarna raises $639M at a $45.6B valuation amid ‘massive momentum’ in the US

TechCrunch LA

Just over three months after its last funding round, European fintech giant Klarna is announcing today that it has raised another $639 million at a staggering post-money valuation of $45.6 In an exclusive interview with TechCrunch, Klarna CEO and founder Sebastian Siemiatkowski said the company has seen explosive growth in the U.S.

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Fliptu Gets $1.2M For Social Aggregation Tools

socalTECH

in a seed funding round, the company said Friday. The startup--led by Jeremy Gocke--said the funding came from Scout Ventures, Rick Dalzell (former Amazon CIO), Rich Heise (early Groupon investor), Hivers & Strivers, Kelly Perdew, and other angels. READ MORE>>.

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ZestFinance Gets $150M In Debt Financing

socalTECH

ZestFiance said the funding goes towards the company's Bastix loan service, which is aimed at providing loans to people who normally would not be able to qualify for loans from traditional banks. Los Angeles-baesd online lender ZestFinance said today that it has raised $150M in debt financing, from Fortress Investment Group.

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