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Energy Vault Scores $100M For Gravity-Based Energy Storage

socalTECH

Westlake Village-based Energy Vault, which is developing gravity-based, grid-scale energy storage systems, has raised $100M in its Series C funding round, the company announced this morning. According to the company, the new funding will go towards deployment of its platform.

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Row 44 Competitor Gets Funding Injection

socalTECH

A major competitor to Westlake Village-based Row 44 , which develops Wi-Fi equipment for the commercial aviation market, has scored a big funding round this morning. Those investors include Ripplewood Holdings, Blumenstein/Thorne Information Partners and other investment entities associated with Oakleigh Thorne.

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Cynvenio Biosystems Finds $25.5M More For Cancer Diagnostics

socalTECH

Westlake Village-based Cynvenio Biosystems said Wednesday that it has raised $25.5M in a Series B funding round. The developer of life sciences equipment, used to profile cancer cells circulating in whole blood, came from Livzon Pharmaceutical Group, along with Greenwoods Private Equity Funds and Syno Capital.

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Altasens Raises $15.1M

socalTECH

Westlake Village-based Altasens , a developer of CMOS image sensors, has raised $15.1M funding round, according to a regulatory filing from the firm Thursday. Details on the funding have not been announced by the company. out of a $20.1M READ MORE>>.

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Row 44 Gets $27.75M More

socalTECH

Westlake Village-based Row 44 , the developer of in-flight, wireless access systems run by John Guidon, has raised another $27.75M, as part of an ongoing $60M funding round, according to a regulatory filing from the firm today. Row 44 has previously raised funding from PAR Capital Management.

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Venture Firms Invest Around $1.6 Billion In Q2 2010 In SoCal

socalTECH

The analysis was based on tracking of venture capital, angel, and private equity deals by socalTECH.com, which maintains its own proprietary database of local and national venture capital deals and dealmakers. for Torrance-based Amonix , $27.75M for Westlake Village-based Row 44 , $31.0M billion invested in Q1, and up from $1.0

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Cyber Rain Raises $792K

socalTECH

Westlake Village-based Cyber-Rain , a developer of smart irrigation controllers, has raised $792,454 in an equity funding raise, according to a regulatory filing by the firm this week. No details on the funding have been released by the firm.