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Genalyte Raises $11.8M

socalTECH

The round came from Redmile Group, Claremont Creek Ventures, as well as earlier investors in the firm. The company said the new funding will go towards commercialization of its platform, which it is targeting at autoimmune and immunoassay applications. said this morning that it has raised $11.8M in a Series B financing round.

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How TenOneTen Ventures Is Investing In LA's Technology Future

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We also did a company in Northern California, Weoutta, which is a consumer app for making future plans, which is built on top of a pretty robust data platform. There''s Caltech, the Claremont Colleges, Harvey Mudd, UCLA. We are also in another company, Vurb, which is also a consumer app with a pretty solid data foundation.

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

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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. Are you looking to build a big platform, or build something for a $100M exit? Snap hopefully will be one, or is one already, and Cornerstone OnDemand, and what Brian Lee has done.

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Interview with Sunil Rajaraman, Scripped

socalTECH

Zak and I went to Claremont McKenna together, and have been friends for a long, long time. He was independently working on a collaboration platform for writers, and eventually we all got on a phone together, and it clicked. The funding is a requirement to get to the next step. Sunil Rajaraman: Zak, Ryan, and I were the co-founders.

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