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Siemer Summit 2015 Announced, Tim Draper To Keynote

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According to Siemer & Associates, this year's conference, the Siemer Summit 2015, will be held from October 13th to 14th, and will feature Tim Draper as the keynote speaker. This time, the event is being held at The Beverly Hilton in Beverly Hills, rather than Santa Monica, where the event had been held in prior years.

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Crowdfunder Raises $3.5M

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Los Angeles-based crowdfunding site Crowdfunder.com , the equity crowdfunding site led by Chance Barnett, has raised $3.5M in a Series A funding, the company said late Tuesday evening. Crowdfunder said its equity crowdfunding site has been used in such startups as GoCoin, Social Rewards, Bitvore, and others. READ MORE>>.

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MomentFeed Finds $10M More

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Santa Monica-based MomentFeed , which develops software used by retail brands for optimizing mobile and proximity searches, has raised $10M more in funding, the company said on Thursday. The funding was led by Level Equity, and also included Signia Venture Partners, Draper Nexus, and DFJ Frontier, all prior investors.

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Crowdfunder Gets Broker-Dealer License

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Santa Monica-based equity crowdfunding site Crowdfunder is making it easier for it to work with investors, saying on Monday that it has just received its broker-dealer license to sell securities directly to accredited investors. Crowdfunder said the move will help create a "more seamless solution" for its customers.

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Forbes Midas List Gives Cold Shoulder To SoCal VCs

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The list has been short on local investors for the last few years , even as many Southern California companies have helped place other, Silicon Valley venture capitalists high up on the investor ranking. Despite the cold shoulder to local investors, a number of investors on the list did have companies here to thank for their position.

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SpaceX Raises $1 Billion From Google, Fidelity

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The funding came from Google, Fidelity, as well as existing investors Founders Fund, Draper Fisher Jurvetson, Valor Equity Partners and Capricorn. SpaceX said the deal gives Google and Fidelity just under 10 percent ownership of the company. READ MORE>>.

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Altra Biofuels Spinout Gets $30M More

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EdenIQ , the spinout of San Diego-based Altra Biofuels , the developer of biofuels processing technology, has scored $30M in new venture capital funding, the company said today.

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