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Laurel & Wolf Raises $5.5M For Interior Design Marketplace

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West Hollywood-based Laurel & Wolf , a startup which offers up an online marketplace to connect people with top interior designers, disclosed Wednesday that it has raised $5.5M The Series A came from Charles River Ventures, Karlin Ventures, Upside Partnership, and Draper & Associates. in funding. The funding included $4.4M

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MyShape Runs Out Of Cash, Shuts Down

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MyShape had raised north of $36M in funding from such investors Draper Fisher Jurvetson, Lehman Brothers Venture Partners, Pasadena Angels, Tech Coast Angels, and Tenaya Capital. READ MORE>>.

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MyShape Raises $5.5M More

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The funding came from Draper Fisher Jurvetson, Tenaya Capital, and Draper Fisher Jurvetson Growth Fund. Los Angeles-based MyShape , the online personalized fashion and women's clothing and apparel firm, said today that it has raised $5.5M more in funding.

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Wavemaker Portfolio Firm, Phunware, Goes Public Via Reverse Merger

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Stellar is a so-called "blank check acquisition company" specifically designed to for reverse mergers. As a result of the merger, Stellar is renaming itself as Phunware, Inc., and will start trading under the new stock symbols PHUN and PHUNw. The two said the acquisition values Phunware at an enterprise value of $301M.

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Genomatica Claims Milestone

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The firm--which is developing a renewable process for creating 1,4-butenediol, a widely used industrial chemical--said the milestone will validate the design and basic engineering package for construction of its first commercial-scale plant. The announcement comes a day after the Department of Energy said it will be providing $5.0M

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SpaceX Completes Sensor Test

socalTECH

The firm said that it has demonstrated a proximity sensor that ithopes to use on its SpaceX Dragon spacecraft, which is being designed to help resupply the International Space Station. SpaceX--which is headed by Elon Musk--is venture backed by the Founders Fund and Draper Fisher Jurvetson. READ MORE>>.

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Virgin Galactic Names CFO

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Sunshine was previously CFO at MDA Information Systems, and also has served at the National Institute of Aerospace, Aurora Flight Sciences, Orbital Science Corporation, and Draper Laboratories. The firm said that Sunshine is the firm's first Chief Financial Officer. READ MORE>>.

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