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ElSegundo-based iChange , the operator of an online community focused on lifestyle changes, weight loss, and nutrition, has been acquired by Herbalife , according to investor Momentum Venture Management. Financial terms of the deal were not disclosed. Financial terms of the deal were not disclosed. READ MORE>>.
ElSegundo-based Internet Brands said Friday that the acquisition of the firm by private equity firm Hellman & Friedman has closed. JMI Equity also invested in Internet Brands as part of the sale. JMI Equity also invested in Internet Brands as part of the sale. READ MORE>>.
The latest venture capital totals from the PricewaterhouseCoopers/National Venture Capital Association''s MoneyTree Report was released this evening, tallying up $761.12M in investments in Q2 of 2014 in Southern California, up from Q2 of 2013, when $616.83M was invested in the region. Nationally, there was $13.0 READ MORE>>.
ElSegundo-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.
ElSegundo-based Internet Brands said this morning that it is being acquired by private equity firm KKR , from its current owners, Hellman & Friedman and JMI Equity. KKR said its investment came out of its North America XI private equity fund. Financial terms of the deal were not disclosed. READ MORE>>.
Venture capital investments in Southern California for Q3 of 2011 are up from last year, but down from last quarter, according to the latest numbers from PricewaterhouseCoopers and the National Venture Capital Association based on data provided by Thomson Reuters. was invested in the region. was invested in the region.
ElSegundo-based NanoH2O , the UCLA spinout which is developing reverse osmosis membranes for water desalination, has raised $14.87M as part of an ongoing, $30.6M NanoH2O is venture backed by Khosla Ventures, Oak Investment Partners, Rusheen Capital Partners, and PCG Energy and Technology Fund.
in ElSegundo; RFaxis in Irvine; and Transphorm in Goleta as companies in its list, which was based on evaluating technology, market, maturity, financial position, investors, and leadership. The magazine, in its list of startups worth watching , identified Efficient Power Conversion Corp. Efficient Power Conversion Corp.
ElSegundo-based Accordent Technologies , which develops presentation and webcasting management software for the enterprise, has been acquired by Polycom , Polycom said today. Accordent was venture backed by TVC Ventures (formerly Titan Investment Partners). The deal was worth $50M in cash. READ MORE>>.
ElSegundo-based Vantage Media , the provider of performance marketing and online advertising services, was backed by BIA Digital Partners II LP, a private equity investment firm, as part of its acquisition of BrokersWeb , BIA announced Thursday. Vantage Media had announced the deal in September, without any financing details.
The sale this morning of ElSegundo-based Accordent Technologies was a big win for San Diego investment firm TVC Capital. TVC's investment in Accordent was managed by Jeb Spencer, who was Chairman of Accordent's board; TVC's Steve Hammerslag also served as a director. READ MORE>>.
ElSegundo-based NanoH2O , the water filtration technology spinout of UCLA, has raised $10M as part of an ongoing, $50M funding round, according to a regulatory filing by the firm today. No details on the funding have been announced yet by the company, which is headed by Jeff Green.
ElSegundo-based Geosemble Technologies , a developer of geospatial data integration and mapping software, said today that it has received a strategic investment from In-Q-Tel, the venture capital arm of the CIA. Size of the investment was not disclosed.
ElSegundo-based Just Fabulous , a new startup spun out of Intelligent Beauty, the e-commerce firm headed by Don Ressler and Adam Goldenberg, said this morning that it has raised $33M in a Series A funding round, for its "fashion styling" and fashion site.
ElSegundo-based CUJO AI , a developer of artificial intelligence-based cybersecurity software for telecom network operators, has raised a round of growth capital from KPN Ventures, the company said this morning. Size of the investment, which was part of a larger Series B investment, was not announced.
GoGuardian, an ElSegundo-based educational technology company, has raised $200 million from a New York-based private equity firm in a deal that values GoGuardian at well over $1 billion.
ElSegundo-based Beyond Meat , a developer of plant-based, meat alternatives that look like chicken, beef strips, and ground beef, has raised a Series D funding round, according to the company.
ElSegundo-based NanoH2O , the developer and manufacturer of reverse osmosis membranes for seawater desalination, has appointed Doug Barnes as the firm's Chief Operating Officer. Barnes joins the company from Planar, a developer of digital displays, where he had spent 25 years running its manufacturing operations.
ElSegundo-based Accordent Technologies , which provides a platform for corporate webcasting, said today that it has been selected by mutual fund firm American Century Investments.
ElSegundo-based BridgeCo , a developer of semiconductors for the home entertainment market, announced Friday that it has raised $7.5M The firm said the new investment came from Earlybird Venture Capital, and private investors Christian Wenger and Brian Long. in a new round of funding.
ElSegundo-based SecureAuth , a developer of identity management tools, has raised $200M in a funding round from private equity investor K1 Investment Management. K1 said the investment comes as part of a merger with Core Security , a provider of vulnerability discovery, identity governance and threat management software.
Beyond Meat, which has its headquarters in ElSegundo, did not announce how much DiCaprio invested in the company. DiCaprio said he invested in Beyond Meat, as livestock production is a major driver of carbon emissions.
ElSegundo-based Radiology Partners , the operator of a network of radiology practices across the U.S., says it has raised $700M in funding, which came from Starr Investment Holdings. Star joins existing investor New Enterprise Associates (NEA) and Future Fund. Radiology Partners is led by Chairman and CEO Rich Whitney.
ElSegundo-based Radiology Partners , which offers up on-site, radiology services to hospitals and outpatient centers, has raised $200M in a growth equity funding round. The company said the venture funding will go scale operations, invest in its programs, and expand in new and existing markets.
ElSegundo-based consumer rewards program operator Prodege , led by longtime SoCal technology veteran Chuck Davis, said Monday morning that it has acquired Upromise , the popular college education-saving rewards business which was owned by SLM Corporation (Sallie Mae). Financial terms of the acquisition were not announced.
ElSegundo-based NanoH2O , the venture-backed developer of reverse osmosis membranes for seawater desalination, said Sunday that it plans to build a manufacturing facility in Liyang, China. The company is backed by such investors as Oak Investment Partners and Khosla Ventures. READ MORE>>.
ElSegundo-based The List , a startup which operates a matchmaking service for business professionals, is one of four, female-led startups which is part of Beta Boom , a startup accelerator focused on training traditionally overlooked founders, such as women and people of color.
ElSegundo-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. The company was founded in 2000.
The round also included investments from Okapi Venture Capital and Sway Ventures, along with Stage and NoName Ventures. Air Force, which has major satellite analysis operations in ElSegundo. The company, which was part of the recent Techstars Los Angeles class, uses artificial intelligence software to process imagery data.
ElSegundo-based Beyond Meat , which develops plant-based foods which look and taste exactly like real meat, says is in a major expansion in Los Angeles. According to Beyond Meat, it is creating a new 26,000 square foot Innovation Center in Los Angeles, with enough room for more than 100 employees.
ElSegundo-based Morphlabs , the latest startup of Winston Damarillo, is announcing today that it has raised $5.5M The round was led by Global Gateway Investment Group (G2iG), and also includes Frontera Group LLC, CSK Venture Capital Co. in a Series B financing round. and AO Capital Partners Ltd.
ElSegundo-based medical apparel company Jaanuu , the venture-backed startup led by Shaan Sethi, said it has received a new, strategic investment round today. Size of the investment was not announced. Jaanuu said the new funding will go towards expansion into new apparel categories and senior level staffing hires.
ElSegundo-based medical apparel brand Jaanuu --formed by former investment banker Shaan Sethi and his sister, Dr. Neela Sethi Young --has snagged $15M more in funding, the company said this week, bring the company's total raised to $25M.
ElSegundo-based Endpoint , a new mobile-first startup focused on title and escrow services, has spun out of title insurance giant First American Financial Corporation , and raised $30M in funding from First American. Endpoint will be led by CEO Scott Martino.
ElSegundo-based NEOGOV , the developer of human resources automation software for the public sector, has raised a round of growth equity from private equity investor Warburg Pincus. Size of the investment round was not announced.
ElSegundo-based Stamps.com said Wednesday afternoon that it has completed its $220M acquisition of UK-based MetaPack Ltd. , Stamps said it paid approximately $220M in fash, from its existing cash and investments, for MetaPack. a provider of e-commerce shipping software. The deal had originally been announced in July.
ElSegundo-based Carbonated Games , a developer of mobile games, has raised $8.5M in a seed funding round, the company said late last week. The funding came from Andreessen Horowitz, Golden Ventures, and Bitkraft Esports Ventures. The company is led by founder and CEO Travis Boatman.
ElSegundo-based Toast Labs , a new startup led by The Honest Co. The startup said it recently closed a seed funding round from BAM Ventures, Chaotic Investments, John Bendheim Enterprises, and Suntoy Enterprises along with Courtney and Carter Reum, Jeff Stibel, and Matt Toledo, Publisher and CEO of the Los Angeles Business Journal.
We’ll soon find out if Wall Street has the appetite for investing in alternative meat technology. The ElSegundo, CA-based company set a preliminary target of $100 million for the stock offering, a figure that will likely change as the company moves closer to its stock market debut.
ElSegundo, California- and Austin, Texas-based Slingshot Aerospace said this morning that it has received $2M in funding to go towards developing of a new, space training simulation tool for the U.S. Space Force.
Last week, ElSegundo-based Accordent Technologies , a developer of webcasting and presentation services and software, was acquired by Polycom, in a $50M deal. The firm's investor was San Diego-based TVC Capital , which invested only $4M in total in Accordent before it was acquired. When did you invest in the firm?
Phil Hui-Bon-Hoa , the CEO of ElSegundo-based Kaleo (www.kaleo.com), is a serial entrepreneur who has previously built and sold four companies, including one acquired by IFILM, and another by Sun Microsystems. The first I sold was across the street, in ElSegundo, and sold for $42M.
We spoke with one of those companies-- ElSegundo-based ConsumerTrack (www.consumertrack.com)--which is a $30M, bootstrapped an online marketing company which is driving millions of customers to big name, financial customers. How have you managed to build the company to the size you have without outside funding?
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