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Southern California needs to find its hub for it to develop its own tech ecosystem

TechCrunch LA

The Alliance estimates that Southern California’s tech community could be one-third the size of Silicon Valley’s by supporting or further developing the six pillars it already has for innovation to occur.

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NanoH2O Lands $60M In Funding

socalTECH

El Segundo-based NanoH2O the developer of high efficiency, reverse osmosis membranes for seawater desalination, announced this morning that it has raised a total of $60M in equity and debt funding. According to the firm, it raised $40M in equity and $20.5M in credit facilities. NanoH2O is led by serial entrepreneur Jeff Green.

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Blackstone Expands Student Entrepreneurship Program To SoCal

socalTECH

Private equity investment firm Blackstone said Friday that it is expanding its university entrepreneurship program, Blackstone LaunchPad , to Southern California. blackstone launchpad student entrepreneurship program ucla southern california entrepreneur startup business' Blackstone said it is supplying a $3.5M READ MORE>>.

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ImmunGene Raises $9M

socalTECH

Thousand Oaks-based ImmunGene , a startup biotech company developing antibody-based, protein therapeutics for treating cancer, said today that it has raised $9M in a Series A funding, to advance its early stage development products. According to the company, the funding came from Ally Bridge Group. The startup is led by Sanjay D.

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Graduway Gets Investment From Manhattan Beach's K1

socalTECH

Graduway , a developer of software used for alumni engagement and career services management, has scored an investment from Manhattan Beach-based investor K1 Investment Management. The company said its software is being used by such schools as UCLA, University of Oxford, University of Wisconsin, University of Arizona and Tulane University.

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The Startup UCLA Accelerator Is About Entrepreneurship Not Investment Returns

SoCal Delicious

The Startup UCLA Accelerator Is About Entrepreneurship Not Investment Returns. Next → Later today, the Startup UCLA accelerator will have its inaugural demo day. UCLA doesn’t aim to make a financial return. Being in its inaugural class, Startup UCLA is still sorting through its own identity and business model issues.

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Ping Ships Blackberry Cell Phone Case

socalTECH

Los Angeles-based Pong Research , a firm developing cases which cut cell phone radiation, has launched a new case for the RIM Blackberry Curve. Pong, which was started by UCLA professor emeritus of physics Alfred Wong, previously only had an iPhone version of the firm's silicone protective case. READ MORE>>.

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