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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. Cedars-Sinai's participation in the funding was led by Darren Dworkin, the healthcare system's Senior Vice President and CIO. According to Censinet, it raised $7.8M READ MORE>>.

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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 in markets such as New York and Los Angeles. Now we have more cash and money available to invest further in the long term.”. We will get back to profitability soon.”.

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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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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). What's the theme of your investments? That's why we have investments in Heal, Saucey, and FragMob.

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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
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Some Thoughts on Branding Startups and Communities

Both Sides of the Table

Brad Feld visited Los Angeles this past week. ” Many people on the Westside of Los Angeles are using the term Silicon Beach these days to describe the amazing renaissance that is truly happening here. Let my try those for Los Angeles as an example: Second largest city in America with 13 million people.

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Want to Start a Technology Company in LA?

Both Sides of the Table

Los Angeles. LA generally doesn’t have an appetite for this kind of investment at early stages. I believe you can attract people to relocate to Los Angeles but it’s likely that they’ll come from locations other than Northern California. People either love it our hate it.

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