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Resonant Reports Contract Win

socalTECH

Goleta-based Resonant , which develops technology used for filters for radio frequency (RF) front ends, reported a win in Europe, via its Swiss subsidiary, GVR Trade SA. The company said that it signed a contract with EuroStars to fund a multi-year project for the development of sensors for new medical applications.

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Diversis Capital Raises $675M Fund

socalTECH

Los Angeles-based private equity investor Diversis Capital Management said this morning that it has raised a new, $675M fund. The company said its new fund, Diversis Capital Partners II, exceeded its target of $500M. The company said it reached the $675M in commitments just three months after its formal launch.

Capital 113
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SpinLaunch, Backed By Google And Kleiner Perkins, Gets DOD Contract

socalTECH

Long Beach-based SpinLaunch , a space launch services provider which recently relocated from Silicon Valley to Long Beach, reported on Wednesday that it has been awarded a launch prototype contract from the Department of Defense (DOD). Size of that new contract was not announced. READ MORE>>.

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MaintenanceNet Gets Private Equity Funding

socalTECH

Carlsbad-based MaintenanceNet , which develops software used to manage maintenance and service contracts, announced Wednesday that it has raised a round of growth equity from private equity company Kayne Anderson Capital Advisors. Size of the funding round was not announced. The firm is led by Scott Herron. READ MORE>>.

Equity 168
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5 Startup Funding Models That Depend On The Consumer

Startup Professionals Musings

Even if you ignore all the hype around crowdfunding, there can be no doubt that it is a real alternative for entrepreneurs to achieve visibility and funding today. Of course, there are thousands of other companies that don’t achieve their minimum goal, requiring all contributions to be returned. Donation good-cause model.

Funding 141
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ViaSat In $34M Contract Award

socalTECH

Carlsbad-based ViaSat , the satellite communications operator and developer, reported a $34M contract win this morning. The win came from the Space and Naval Warfare Systems Command (SPAWAR), and will go towards developing a crytographic module used for satellite communications by the Navy, Marines Corps, and Army.

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Cynvenio Biosystems Raises $2.0M, Gets NCI Contracts

socalTECH

Westlake Village-based Cynvenio Biosystems , which is developing molecular diagnostics systems for cancer, announced this morning that it has received $2.0M in financing, plus scored two Small Business Innovative Research (SBIR) contracts from the National Cancer Institute (NCI). The funding came from the company's existing investors.