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OnShift Gets Investment From Santa Monica's Clearlake Capital

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Santa Monica-based private equity investor Clearlake Capital is the lead investor in a strategic funding round this week for Cleveland, Ohio-based OnShift , a developer of human capital management software for the long-term, post-acute care market. Financial details of that strategic investment were not disclosed.

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Google's Investment In SpaceX Round Totals $900M

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Mountain View-based Google confirmed in its quarterly earnings report this week that it was the biggest investor in the recent, $1 billion funding round for Hawthorne-based SpaceX. The remainder of the funding round came from Fidelity, Founders Fund, Draper Fisher Jurvetson, Valor Equity Partners and Capricorn.

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Forbes Midas List Gives Cold Shoulder To SoCal VCs

socalTECH

Sequoia Capital''s Douglas Leone, was placed at number six for his role in funding San Diego''s ServiceNow ; Bessemer''s Byron Deeter was ranked #36 due to his role in funding Santa Monica''s Cornerstone OnDemand ; Stephen Jurveston, of Draper Fisher Jurvetson, was ranked at #59 for his investment in Hawthorne-based SpaceX.

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SpaceX Raises $1 Billion From Google, Fidelity

socalTECH

The funding came from Google, Fidelity, as well as existing investors Founders Fund, Draper Fisher Jurvetson, Valor Equity Partners and Capricorn. SpaceX said the new funds will go towards continued innovation in the areas of space transport, reusability, and satellite manufacturing. READ MORE>>.

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Crowdfunder Gets Broker-Dealer License

socalTECH

Santa Monica-based equity crowdfunding site Crowdfunder is making it easier for it to work with investors, saying on Monday that it has just received its broker-dealer license to sell securities directly to accredited investors. Crowdfunder said the move will help create a "more seamless solution" for its customers.

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Altra Biofuels Spinout Gets $30M More

socalTECH

EdenIQ , the spinout of San Diego-based Altra Biofuels , the developer of biofuels processing technology, has scored $30M in new venture capital funding, the company said today. EdenIQ, which is taking biomaterials technology being applied to sustainable chemical and fuel production, said it has raised both equity and debt in the funding.

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CapLinked Announces New Investors, Signs Up New Clients & Builds New Features

Tech Zulu Event

Speaking of the new investment, CapLinked CEO Eric M. Jackson said, “We’re using the proceeds from our financing round to invest in our technology, build new features, and increase sales and support.”. The new funding brings the company’s aggregate amount of capital raised to over $3 million. Over $3M Raised.

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