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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. According to the firm, it raised a Series A investment led by the Tech Coast Angels.
According to RealtyMogul.com, Li was most recently EVP and General Manager of Consumer Lending for loanDepot, and also had served at Quick Bridge Funding, Think Finance, JPMorgan Chase, and Intel Corporation. Los Angeles-based RealtyMogul.com said late Tuesday that it has named Timothy Li as its new Chief Information Officer. READ MORE>>.
Scripted.com , the online marketplace for freelance writers which has a number of Southern California angel investors, said Wednesday that it has raised another $150,000 in funding. Founder Sunil Rajaraman started Scripted.com (formerly known as Scripped.com) in Los Angeles, but the firm later moved operations to San Francisco.
Hollywood-based ZestCash , a startup offering up short-term, consumer loans online, has scored $19M in funding today, including $11M in a Series A equity round plus $8M in venture debt. The firm's founder and CEO is Douglas Merrill , the former CIO and VP of Engineering of Google. READ MORE>>.
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 At the time of its last funding round, Klarna announced its GiveOne initiative to support planet health. The new valuation represents a 47.3%
Nirvanix had last raised funding in May of 2012, when it took $25M in funding from such backers as Khosla Ventures, Valhalla Partners, Intel Capital, Mission Ventures and Windward Ventures. The company seemed to be on the upswing, with a long list of high profile customers; the company had even hired Zynga''s CIO earlier this year.
A number of Southern California angel investors, including Jody Mulkey , the CIO of Shopzilla, have backed Scripted.com , a new online marketplace for freelance writers.
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.
The funding was led by Ally Bridge Group, and also included new investors Eventide Asset Management, BeiGene, Irving Investors, Kingdon, NS Investment, Piper Heartland Healthcare Capital, and Superstring, along with current investors Boxer Capital, BVF Partners, L.P.,
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>>.
I’ve heard it many founders of VC backed companies in LA who tell me that in their NorCal VC meetings they are told, “we might be interested but we’d want you to relocate to the Bay Area if we funded you.&#. Funding is different outside of Silicon Valley. As a result many funds are OK with big bets.
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.
Fouad ElNaggar , a former venture capitalist who had been responsible for the Los Angeles office of Redpoint Ventures, has scored funding for a new startup, Sapho. in a Series A funding, which was led by Alsop Louie Partners. According to Sapho, it has raised $9.5M Sapho is in Silicon Valley. READ MORE>>.
Funding is different – In Silicon Valley you have mega venture capital funds and many of them. They not only have gotten bigger but they have an amazing track record of funding the biggest names in the sector: Cisco, Apple, Google, Facebook. As a result many funds are OK with big bets.
Assigning them the title of CIO seems like a bit of overkill, especially these days of serious “cloud” computing, meaning big servers have left the building. c-level entrepreneur funding startup titles' In general, I’ve not known diversity to be a challenge or problem in startups, especially if Gen-Y is part of the team.
ZestCash, founded by Douglas Merrill, former CIO of Google [Hollywood]. But if you were going to start a venture capital fund today, you’d want to stand out. Of course if you’re already known you could put your name or location on your fund name. But consider the following: 1.
They came to San Diego in 1996, when Scripps Health hired Balgrosky as CIO and senior vice president. Balgrosky, a health information administrator and former Scripps Health chief information officer, was finishing her doctorate in health policy and management at UCLA.
One startup, no matter how smart the people and how well it is funded, can only do so much. Now CIOs, as well as consumers, buy their next computer based largely on an image set by marketing. Many of my friends at IBM couldn’t imagine why anyone would spend money on such toys. Enlist community of support. That’s real viral marketing.
Los Angeles-based Unitas Global (www.unitasglobal.com) recently raised a round of funding from MK Capital and Azure Capital for its vision of helping enterprises make that transition to cloud technology. Most of the CIOs we are talking to are at large banks and healthcare providers. But, the way we do it is different.
Featuring panelists from SOA Software , Edgecast and Bitium , we’ll discuss: Top priorities and challenges for today’s CIO. The rise of the social enterprise and Chief Digital Officer – what it means for the CIO. The opportunities cloud computing and SaaS afford management. Alex earned a B.A. He lives in Los Angeles.
The officials from the San Francisco Department of Environment told CIO Journal that, ” Apple does not therefore qualify any purchase using city funds” In the coming two weeks officials are planning to send out letters to all their 50 agencies not to buy Apple’s Macs and desktops lack the green electronics certification.
Perspectium recently raised a funding round from TVC Capital. David Loo: Ultimately, at the C-level, the CIO requires data metrics and intelligence, in order to compete and make decisions and take actions to further a company's agenda. You're received some funding lately? What is Perspectium? That's how we started.
Ryan Blair: The theme around the fund is pretty simple. My CIO had been ex-CIO at Herbalife, and was an EVP of Software for Disney. I learned a hell of a lot, invested my gains, and set up my venture fund, knowing I was going to monetize the network I had created. So where is the fund now?
The fellowship is funded by a grant from the Goldhirsh Foundation and serves as part of Mayor Garcettis effort to build a tech-savvy transportation system that helps Angelenos navigate the city including wi-fi equipped smart bus stops, ridesharing at LAX and creating a data-sharing partnership with the Waze app to help cut commute times.
Every investor expects to see some traction, both before and after a funding event. If you have neither, and choose to approach an investor, you will get no attention, and probably never again get a shot at funding with that investor. Now investors will pay attention, since scale-up funding is less risky and has a time frame.
One startup, no matter how smart the people and how well it is funded, can only do so much. Now CIOs, as well as consumers, buy their next computer based largely on an image set by marketing. Many of my friends at IBM couldn’t imagine why anyone would spend money on such toys. Enlist community of support. That’s real viral marketing.
One startup, no matter how smart the people and how well it is funded, can only do so much. Now CIOs, as well as consumers, buy their next computer based largely on an image set by marketing. Many of my friends at IBM couldn’t imagine why anyone would spend money on such toys. Enlist community of support. That’s real viral marketing.
Jay Budzik: ZestFinance was founded in 2009, by Douglas Merrill, the former CIO at Google, in order to make fair and transparent credit available to everyone. Jay Budzik: Some of what you're seeing is actually old funding for a direct to consumer business we used to have. What does ZestFinance do?
in funding, from Dallas Capital, Upfront Ventures, and Tribeca Angels. My counterpart, Mark Attaway, our CIO, was at Fidelity national and LSI, both title companies, building automated platforms for the title process. Cloudvirga recently raised $7.5M What is cloudvirga? So I've spent a lot of time in the mortgage industry.
We found that software wasn't being bought by the team members and product leaders who needed it, but was being bought by CIOs in large corporations. Dipanshu Sharpa: My third company raised a ton of money from venture funds--$26M--and I what I didn't want to do is to raise a lot of money and have lots of people.
Currently, I am the cofounder and CIO of Remesh , which is an AI platform that understands and engages groups of people in conversation in real time. Funding for early-stage companies also suffers as a result of this. Aaron: I agree and state funding is the first to come to mind. What’s your role in your ecosystem?
African ICT Achiever Awards – Chief Information Officer (CIO) of the Year – WINNER multiple times (Annex.13). ABSA Jewish Entrepreneur of the Year – WINNER (This award was actually presented by Gill Marcus) – (Annex.13). African ICT Achiever Awards – OVERALL WINNER (Annex.13).
Sure, there are roles like CTO or CIO, but the input and decision making process has remained fairly static. Each executive board member is chosen because they usually play a distinct role in the funding and running of a successful corporation. Why is there change now?
The company announced a funding round from Canaan Partners, Storm Ventures, and AME Cloud a couple of weeks ago. CIOs are wondering if they should jump in, wait for production, or wait for things to mature. That allow enterprise CIOs to jump into OpenStack head first. What is pushing those CIOs to consider private clouds?
As for 2010, it’s shaping up to be a year of general improvement in the business and technology industries hard hit by recession, the impact of which has seemed to hold back new investment and experimentation in social technologies, many of which are funded by staff participation from Internet firms.
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