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Giftz Gets Additional Funding From Draper Goren Holm

socalTECH

Los Angeles-based Giftz , a startup that offers up a mobile wallet and marketplace for points, miles, and gift cards, has received an investment from LA's Draper Goren Holm , the two said on Wednesday. Size of the investment was not announced. READ MORE>>.

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Enevate Inks New Battery Production Licensing Deal

socalTECH

According to the company, EnerTech International will commercialize its battery technology in the transportation, mobility, and reserve power markets. Financial details of the deal were not announced.

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UNest Nabs $9M For College Savings App

socalTECH

Los Angeles-based UNest , which develops a mobile app to help parents with financial planning as well as college savings, has raised $9M in a funding round, the company said Tuesday. The funding came from Anthos Capital, Northwestern Mutual Future Ventures, Artemis Fund, Draper Dragon and Unlock Ventures.

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Wavemaker Portfolio Firm, Phunware, Goes Public Via Reverse Merger

socalTECH

According to Phunware , a developer of mobile application lifecycle management software, it has been acquired by Stellar Acquisition II , which is listed on the NASDAQ Stock Market. Stellar is a so-called "blank check acquisition company" specifically designed to for reverse mergers. READ MORE>>.

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Mogreet Gets $4.1M More

socalTECH

Los Angeles-based Mogreet , the provider of mobile video marketing services which is run by James Citron, said this morning that it has raised $4.1M in a strategic investment round. The round was led by Black Diamond Ventures, and also included DFJ Frontier, Ascend Ventures, Bryant Park Ventures and Draper Associates.

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Siimpel Scores Investment From Korean Firm

socalTECH

Arcadia-based Siimpel Corporation , which is developing MEMs-based components for mobile cameras, announced Monday afternoon that the firm has raised an additional round of investment from LG Innotek. Financial terms of the investment were not disclosed. Siimpel was formerly known as SiWave, and is backed by DOCOMO Capital Inc.,

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Miven Re-Ups On ViVOtech

socalTECH

Irvine-based Miven Ventures , the venture capital arm of Victor Tsao , the founder of Linksys , has re-upped its investments in a near field communications (NFC) firm, ViVOtech. ViVOtech, which is based in Santa Clara, said it raised $24M in a Series C financing exptension.

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