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EcoATM Acquired For $350M By Coinstar

socalTECH

San Diego-based startup EcoATM , the developer of automated kiosks used for recycling cell phones and other electronics, has been acquired by newly renamed Coinstar (now known as Outerwall). ecoATM develops self-serve kiosks--found in many malls--which lets consumers turn in their mobile phones, tablets, and MP3 players for cash.

Claremont 174
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How TenOneTen Ventures Is Investing In LA's Technology Future

socalTECH

Despite a growing technology industry here in Southern California, local investors and entrepreneurs tell us there''s still a shortage of local, venture capital. In particular, funding for companies developing deep technology--software and cloud, as opposed to content and media--seems to be lacking. READ MORE>>.

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Prisyna Gets $6M For Oral Health Products

socalTECH

Claremont-based Prisyna , a unit of Synedgen, said this morning that it has raised $6M in a growth equity investment, to help it advance its products. Prisyna is developing a treatment called Moistagen, which it says relieves the symptoms of dry mouth, as well as treats oral mucositis due to chemotherapy or radiation treatments.

Claremont 100
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EcoATM Nabs $40M In Funding, Plans Major Expansion

socalTECH

EcoATM , the developer of those automated machines which lets you cash in your used phones, has some big plans--and some big money--as it plans to expand out its network of machines nationwide. EcoATM announced late Wednesday afternoon that it has raised $40M in a mezzanine debt funding round, from Falcon Investment Advisors.

Claremont 140
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First Ever Startup Weekend Orange County Live!

Tech Zulu Event

Maneesh works with Miramar portfolio companies to identify growth drivers, potential business partners and evaluate prospective investment opportunities. Maneesh has more than nine years of product development and operational experience in the high tech industry. in venture capital and publicly launched in May 2011.

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A Chat With Jamie Montgomery On How LA's Tech Ecosystem Has Grown

socalTECH

The conference is run by Jamie Montgomery , one of the local industry's pioneers in venture capital and investment. The universities are now more focused on the innovation economy, with schools like USC, UCLA, Caltech, the Claremont Colleges all bringing good people to LA.