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in funding in a combination of its Series A funding and venture debt. The funding came from Coinstar and Claremont Creek, along with venture debt from Silicon Valley Bank. ecoATM said the new funding will go towards commercialization and product launch. READ MORE>>.
The acquisition looks to be a great one for EcoATM''s investors, which also included Claremont Creek Ventures, Tao VentureCapital Partners, and Jens Molbak. in funding to date. Tao VentureCapital Partners is the investment firm led by Tom Clancy, who had formerly been at Enterprise Venture Partners.
EcoATM announced late Wednesday afternoon that it has raised $40M in a mezzanine debt funding round, from Falcon Investment Advisors. EcoATM provide any details on the terms of the debt financing, but said it plans to use the new capital to roll out its kiosks nationwide. READ MORE>>.
Casting some additional light on the acquisition of El Segundo-based Ripple last week, acquiring firm TargetCast Networks revealed today that it has received a new round of venturecapital worth $6.5M from DFJ and its existing backer Claremont Creek Ventures, which the firm said would go towards expansion of its network.
Scripted.com , which operates an online marketplace for professionally written content--which was originally backed by LA investors--has raised $9M more in a funding. The new funding came from Crosslink Capital and Redpoint Ventures, and also included angels Gil Penchina, Auren Hoffman (LiveRamp) and Justin Moore (Axcient).
San Diego-based EcoATM , the developer of kiosks to help people trade in their old mobile phones and devices for cash, store credit, or gift cards, has raised $17M in a Series B funding round. The round came from Coinstar, PI Holdings, Moore Venture Partners, AKS Capital, Koh Boon Hwee, along with Claremont Creek Ventures and TAO Ventures.
Claremont-based Synedgen , a biotechnology company developing wound care technology, said this morning that it has raised $2.6M in funding. Source of the funding was not announced. According to the company, the funding will go towards commercialization of two, U.
Despite a growing technology industry here in Southern California, local investors and entrepreneurs tell us there''s still a shortage of local, venturecapital. In particular, funding for companies developing deep technology--software and cloud, as opposed to content and media--seems to be lacking. David Waxman.: READ MORE>>.
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. The funding came from Andrew Miller.
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