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Philz Coffee Looks Beyond California With $45M Funding

socalTECH

Philz Coffee , the Silicon Valley coffee chain which has been in a massive expansion in Southern California in the last few months, announced on Tuesday a $45M Series C funding round. As part of the funding, Jim COulter and Sanjay Banker, both of TPG, join the company's board. READ MORE>>.

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Reflections on 2020: Andy Wilson, Alliance for SoCal Innovation

socalTECH

Every year, we feature the year end reflections of founders, CEOs, investors, sposors, and others in Southern California's high tech community. As you may recall the Alliance's mission is to elevate the region as a global leader in innovation, technology & entrepreneurship. We've been posting these throughout the next two weeks.

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Q3 Venture Investments For SoCal Total Around $1.0 Billion

socalTECH

According to an analysis of socalTECH's proprietary database of venture capital deals, venture investors invested slightly more than the $966M in Q3 of 2009, but less than the $1.6 based in Malibu, which secured around $100M in funding to acquired the North American Credit-on-Self division of D&B in July. billion invested in Q2.

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Port of Los Angeles Wins $41M For Hydrogen Fuel Cell Project

socalTECH

The Port of Los Angeles reported late Friday that it has received a preliminary award of $41M, from the California Air Resource Board (CARB), for a high tech hydrogen fuel cell freight project. The Port said the project has a total cost of $82,568,872, with partners providing 50.2%, or $41,446,612 in match funding.

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Interview with Gabriel Halimi, Co-Founder Of Flo Technologies

socalTECH

In a bid to prevent the damage from those plumbing failures and also help save water, Los Angeles-based Flo Technologies (www.meetflo.com) has developed a water monitoring device and shutoff valve for your home, which is connected to your smartphone and its own app. Plumbers are not exactly known for their adoption of high tech products.

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Reflections on 2020: Aaron Fyke, Thin Line Capital

socalTECH

Every year, we feature the year end reflections of founders, CEOs, investors, and others in Southern California's high tech community. Thin Line Capital successfully reached the final close of its first fund. It's been a tough year for many due to the pandemic; how have you or your company adapted to the business environment?

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What Mattered in 2012: Paul Bricault, Amplify LA

socalTECH

For the last week of the year, we're featuring the thoughts and reflections of some of the movers and shakers of Southern California's high tech community. In your opinion, what events, companies, or people made the biggest impact on the technology world this year? What was the biggest news for you/your firm this year?