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Orca Security Joins Unicorns With $210M Injection

socalTECH

The funding was led by CapitalG, the growth fund of Alphabet, and Redpoint Ventures. The company says its customers include Robinhood, Databricks, Unity, Live Oak Bank, Lemonade, and BeyondTrust. the company said the funding gives it a valuation of $1.2 Orca Security is led by CEO and co-founder Avi Shua.

Redpoint 113
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Qualified.com, With LA Exec, Gets $12M

socalTECH

The company--whose President and Chief Revenue Officer, Eric Sikola is located in Los Angeles--said the funding was led by Norwest Venture Partners, and also included Redpoint Ventures and Salesforce Ventures. Sikola said Qualified is adding team members in Los Angeles shortly. READ MORE>>.

Redpoint 113
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BetterWorks Shutting Down On May 31st

socalTECH

Craig said that the shutdown came as a result of not being able to sustain a large enough market, relative ot the high cost of customer acquisition. BetterWorks had raised $10M in funding from Redpoint Ventures. BetterWorks--and Paige Craig--have been one of the companies driving the growth in Santa Monica's Silicon Beach.

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Upfront Backs Tact.ai In New Funding Round

socalTECH

According to Tact.ai, the new funding came from Amazon Alexa Fund, Comcast Ventures and Salesforce Ventures, with existing investors Accel Partners, M12 (formerly Microsoft Ventures), Redpoint Ventures and Upfront Ventures. Tact.ai, which is based in Redwood City, has now raised more than $57M in total funding. READ MORE>>.

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Betterworks Plans Expansion To OC, San Diego, Austin, and NYC

socalTECH

The firm--which has been ramping up efforts in the San Francisco Bay Area over the last few months--said it so far has signed up private beta customers at. BetterWorks is headed by Paige Craig, one of the most prolific angel investors in the Los Angeles area, and is venture backed by Redpoint Ventures. READ MORE>>.

San Diego 159
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Topspin Preps Updated iPhone Ticket App

socalTECH

The software is used by Topspin's customers to scan tickets sold through Topspin's software. Topspin is venture backed by the Foundry Group and Redpoint Ventures, and Ian Rogers is the former GM of Yahoo Music. The firm said the update will be available to its users for free.

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Startups Weekly: Upfront Ventures bets on a bus service

TechCrunch LA

HappyOrNot nabs $25M for its customer satisfaction terminals . Seed investor Charles Hudson of Precursor Ventures and Redpoint Ventures general partner Annie Kadavy will show up to give founders tips on how to raise VC. Ginkgo Bioworks raises capital at a $4B valuation. Vianai raises $50M seed to transform machine learning.

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