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Western Digital Backs Memory Semiconductor Developer

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Irvine-based Western Digital has backed the developer of semiconductor memory technology, as part of a strategic funding round. Everspin Technologies , which develops "magnetoresistive RAM"--aimed at use in such things at solid state storage--said this morning that it has raised $29M in a Series B funding round. READ MORE>>.

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This Week in Venture Capital – Episode 3

Both Sides of the Table

So it’s really hard to draw too many conclusions about whether the investment really makes sense because often you learn stuff in the fund raising about the future strategy of the company that might make you much more excited than somebody on the outside might be. Especially for their stage of development. Others I have not.

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CapLinked Adds $1M, New Investors In Funding Round

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Los Angeles-based CapLinked , the developer of business transaction and deal management software-as-a-service, said today that it has raised $1M in an expansion round for the company. The new funding came from Subtraction Capital, FF Angel, 500 Startups, and other investors. The startup--which is led by PayPal veteran Erik M.

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Launchpad LA Receives VC Funding: $50,000 Per Startup

Both Sides of the Table

We have significant VC commitments (listed below) – every entering company will get $50,000 in funding, mentorship from top VCs and successful entrepreneurs plus free office space. To provide an opportunity for VCs and senior executives to engage with the community by giving back rather than just attending more cocktail parties.

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SpaceX Raises $1 Billion From Google, Fidelity

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Hawthorne, California-based SpaceX , the Los Angeles area commercial rocket and spacecraft developer led by Elon Musk, announced Tuesday afternoon that it has raised a billion dollars in a financing round. google spacex investment venture capital internet satellite constellation launch rocket mars aerospace goog fidelity'

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Enevate Finds Funding From South Korea's LG Chem

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Irvine-based Enevate , which develops lithium-ion battery technology, said today that it has added South Korean battery manufacturer LG Chem as an investor. Size of the investment by LG Chem was not announced. According to Enevate, LG Chem participated in its recently anounced funding round. READ MORE>>.

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Siemer Ventures Backs Ribbon

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Los Angeles-based Siemer Ventures , the venture capital arm of investment bank Siemer & Associates, has been one of the most active local investors lately--and is continuing that trend, with the investment in Ribbon. Curious to what Siemer has been investing in lately? in a seed funding round.

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