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Eta Compute Gets $12.5M In Series C

socalTECH

Westlake Village-based Eta Compute , a developer of technology for energy efficient artificial intelligence processing, has raised $12.5M The company's lead product is the TENSAI AI software platform, which it says is aimed at use in AI applications for the smart home and consumer Internet-of-Things markets.

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Energy Vault Scores $100M For Gravity-Based Energy Storage

socalTECH

Westlake Village-based Energy Vault, which is developing gravity-based, grid-scale energy storage systems, has raised $100M in its Series C funding round, the company announced this morning. According to the company, the new funding will go towards deployment of its platform.

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Capsida Uncloaks With $140M In Funding

socalTECH

Thousand Oaks-based Capsida Biotherapeutics, a new biotechnology company focused on using adeno-associated virus (AAV) engineering and cargo development platform to develop tissue-targeted gene therapies for multiple types of diseases, has uncloaked from stealth mode, saying it has raised $140M in total capital.

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ValueClick Launches New Platform Offering

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Westlake Village-based ValueClick said this morning that it has launched a new Platform Services offering within its ValueClick Media division. As part of the new platform, the firm said it has named Nancy Hall as Vice President, Platform Services, the lead the new offering. READ MORE>>.

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Digital Insight Acquired By NCR For $1.65 Billion

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Digital Insight , the developer of online banking software which has major operations in Westlake Village, has just been sold to NCR , in the second sale of the company this year. NCR said the buy will help it form a "complete enterprise software platform" for the banking industry. NCR Corporation said it paid $1.65

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Cynvenio, Thermo Fischer Scientific In Distribution Deal

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Westlake Village-based molecular diagnostics equipment developer Cynvenio and Carslbad-absed Thermo Fischer Scientific recently inked a distribution deal, where Thrmo Fischer Scientific has gained rights to distribute Cynvenio''s LiquidBiopsy platform. Financial details of the deal were not disclosed.

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mygameIQ Ties With Women in Games International

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mygameIQ , the digital distribution and content management platform for gaming firms developed by Westlake Village-based Pragmatic Solutions , said today that it is in a promotion with Women In Games International. Details of the partnership were not disclosed. Pragmatic launched mygameIQ in July. READ MORE>>.