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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.,

CIO 113
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Cedars-Sinai Backs Censinet In $7.8M For Risk Management

socalTECH

Cedars-Sinai's participation in the funding was led by Darren Dworkin, the healthcare system's Senior Vice President and CIO. Censinet is led by founder and CEO Ed Gaudet.

CIO 133
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ZestFinance Gets $150M In Debt Financing

socalTECH

Los Angeles-baesd online lender ZestFinance said today that it has raised $150M in debt financing, from Fortress Investment Group. ZestFinance was founded by Douglas Merrill, former CIO of Google; the company is venture backed by Peter Thiel, Matrix Partners, Kensington Capital Holdings, and Eastward Capital Partners.

CIO 100
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Fintech giant Klarna raises $639M at a $45.6B valuation amid ‘massive momentum’ in the US

TechCrunch LA

We’ve scaled up so massively in investments in our growth and technology, but running on a loss is very odd for us,” he told TechCrunch. “We Now we have more cash and money available to invest further in the long term.”. We will get back to profitability soon.”. That gives us better prerequisites to be successful going forward.

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ID Analytics Hires CIO

socalTECH

Pathman joins the firm from Lehman Brothers, where he was Senior Vice President and Chief Information Officer for the investment bank's Small Business Finance Division.

CIO 100
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IntraStage Raises Angel Funding

socalTECH

According to the firm, it raised a Series A investment led by the Tech Coast Angels. The firm is headed by Patrick Kelly, and the Tec Coast Angels investment was led by Bob Fried, the former CIo of Staples. The firm is headed by Patrick Kelly, and the Tec Coast Angels investment was led by Bob Fried, the former CIo of Staples.

Angel 140
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Bringing The Benefit Of Managed Cloud To Enterprises, With Metacloud

socalTECH

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? Sean Lynch: You''ve probably heard a lot of speculation about OpenStack''s readiness for the enterprise.

CIO 207