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Financing with grants, not equity or debt

Berkonomics

The company created a product that could be delivered as a service to medical clinicians anywhere in the world, enhancing their ability to understand their patents’ problems and needs in less time, using the expertise built into an AI expert system created by the best minds in many medical specialties. Other sources of grants.

Equity 156
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LA's Century Park Capital Acquires IT Services, Software Company

socalTECH

Los Angeles-based Century Park Capital Partners , a private equity investor focused on family businesses, owner-operated companies and corporate divestitures, said on Monday afternoon that it has completed a majority recapitalization of Florida-based software and IT services company MCCi. MCCi is headquartered in Tallahassee, Florida.

Capital 113
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Vision Internet Gets Private Equity Investment

socalTECH

The funding came from Caltius Equity Partners. Nachman is the former Chief Business Officer of Velocify, and also served at Marlin Equity Partners, Phoenix Energy Technologies, McKinsey and Company, and Kidder, Peabody & Company. vision internet private equity government venture capital services development executive velocify'

Equity 174
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With Bambee, Allan Jones wants to give small businesses HR services their employees can trust

TechCrunch LA

Allan Jones’s first startup was Fourth and Grand , a Trunk Club-like service backed by the venture studio and accelerator, Science, out of Santa Monica. What sets Bambee apart from companies like Zenefits and other companies looking to provide human resources services is its focus on the needs of employees as well as employers.

Services 281
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HCAP Partners Get Exit At 83bar

socalTECH

San Diego-based private equity investor HCAP Partners said this week that it has scored an exit at one of its portfolio companies, 8ebar, a provider of patient education for the clinical trial and other areas. According to HCAP Partners, HealthQuest Capital made an equity investment in 83bar to support the company's ongoing expansion.

Equity 113
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loanDepot.com Gets Private Equity Backing

socalTECH

Irvine-based loanDepot.com said today that it has launched an online, mortgage marketplace with backing from private equity firm Parthenon Capital Partners. According to loanDepot.com, the new site will help consumers to research real estate loans, providing education, loan processing, up-to-date mortgage rates, and other related services.

Equity 157
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NEOGOV Finds Funding From Carlyle, Warburg Pincus

socalTECH

El Segundo-based human capital and policy management software developer NEOGOV, which is led by Shane Evangelist, has scored a round of funding from private equity giants The Carlyle Group and Warburg Pincus. The size of the investment--described as "significant"--was not announced. Warburg Pincus had an existing stake in NEOGOV.