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MobLab Finds Funding For Personalized Learning

socalTECH

Pasadena-based MobLab , a new startup which develops personalized learning software for the education market, has scored a round of funding, the company said today. Nikou is the founder, managing partner, and CEO of private equity investment firm OpenGate Capital. Size of the investment in MobLab was not announced.

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MindBody Raises $50M

socalTECH

In one of the largest rounds for a Central Coast company in recent years--and the largest venture investment in San Luis Obispo ever--cloud software maker MindBody has raised $50M in a funding round. Mindbody first raised funding back in 2009, when it gained backing from the Tech Coast Angels, Pasadena Angels, and other local angels.

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LeisureLink Shuts Down All Operations

socalTECH

LeisureLink , the developer of vacation rental booking software which was started in Pasadena, has shut down all of its operations, and laid off all of its staff. The company said it has now entered into an Assignment for Benefit of Creditors to manage an orderly disposition of the company's assets.

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KPCB has already blown through much of the $600 million it raised last year

TechCrunch LA

Kleiner Perkins , one of the most storied franchises in venture capital, has already invested much of the $600 million it raised last year and is now going back out to the market to raise its 19th fund, according to multiple sources. Speaking onstage at the Upfront Summit, an event at the Rose Bowl in Pasadena, Calif.

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Reflections on 2018: Andy Wilson, Alliance for SoCal Innovation

socalTECH

In my new role as the first executive director for the Alliance for Southern California Innovation, I spent a lot of time outside of my home turf of Pasadena -- visiting innovation nodes such as San Diego, Irvine, Riverside, Santa Barbara, Venice, Santa Monica, and others. What was the biggest lesson you learned this year?

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Interview with Buck Jordan, Miso Robotics

socalTECH

Our software is also able to optimize workflows and speed, so that the robot is not just taking orders, it's also doing a better job coordinating the kitchen. He made an investment into the company, which ended up being a great move on his part, because his stake in the company is huge, and that's how we started. What is Miso Robotics?

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Decoding Signal From Noise For Wall Street, With Bitvore

socalTECH

After three years of that, I decided I needed to go back to the entrepreneurial world, and joined up with another young company, which was SupplyFrame in Pasadena. There''s a fair amount of software and computer science involved in this area. To give you an overview, there are something like 6,000 equities in the U.S.