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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. According to the firm, it raised a Series A investment led by the Tech Coast Angels.

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Former LA VC Gets Backing For Enterprise Alerting, Micro Apps Startup

socalTECH

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>>.

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Shoreline Biosciences Finds $140M

socalTECH

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.,

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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 At the time of its last funding round, Klarna announced its GiveOne initiative to support planet health. The new valuation represents a 47.3%

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Ryan Blair, HashtagOne: From Gang Member, To Entrepreneur, To Anti-VC

socalTECH

He eventually founded and sold consumer health firm ViSalus to a public company and is now back making investments, in technology companies, as a venture capitalist here at Los Angeles-based HashtagOne (www.hashtagone.com). Ryan Blair: The theme around the fund is pretty simple. I'm a bit of an anti-VC, as you know.

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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. in a Series A, co-led by HLM Venture Partners and Cedars-Sinal Health System, to provide third party risk management for healthcare providers. According to Censinet, it raised $7.8M

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New Bootstrap Fund Pulls Itself Up in World of Health IT Deals

Xconomy

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.