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San Diego-based green technology firm Sapphire Energy , which is developing algae-to-crude oil production technology, has named Dr. Matthew Croughan as its new Chief Technology Officer. and Joy Rathmann Professor and Director of the Amgen Bioprocessing Center at Keck Graduate Institute at the Claremont Colleges.
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.
Building Robotics , a developer of software to manage heating and cooling in commercial buildings, has raised $1.4M The funding came from Claremont Creek Ventures, Google Ventures, Formation 8, Navitas Capital, Red Swan Ventures, and other angels. READ MORE>>.
Claremont-based Synedgen , a biotechnology company developing wound care technology, said this morning that it has raised $2.6M The comopany says it is using glycochemistry for development of its drugs, which it says enhance and mimic the innate immune system. in funding. Source of the funding was not announced.
Maneesh focuses on the medical information technology markets. Maneesh has more than nine years of product development and operational experience in the high tech industry. At Broadcom, he was instrumental and led efforts in the development and evolution of the cable, satellite, and television chip sets. Amir Banifatemi.
Next week is the Montgomery Summit (www.montgomerysummit.com), one of the longest running technology conferences held in Los Angeles. It's now an internationally recognized showcase for technology here in Los Angeles, and we also get to showcase Southern California companies, as well. We've seen some notable successes.
We're always interested in how technology is influencing the business of Hollywood, and recently ran across Los Angeles-based Scripped. Zak and I went to Claremont McKenna together, and have been friends for a long, long time. And, we think we'll eventually reduce the cost associated with the development departments at the studios.
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