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Perch Mobility Snags Funding For Scooter Charging Network

socalTECH

Los Angeles-based Perch Mobility, a startup that is developing portable charging "pods" aimed at helping professional chargers and scooter operators to bulk-charge scooters and e-bikes, says it has scored seed funding for its efforts. The company said the funding came from Lorentzen Investments. Size of the funding was not announced.

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Veracity Industrial Networks Adds $1.5M In Funding

socalTECH

Aliso Viejo-based Veracity Industrial Networks , which develops secure industrial networking technology, has raised $1.5M in a Seed D funding, the company announced this morning. The funding came from Microsemi, Hollencrest Capital Management and Schweitzer Engineering Laboratories (SEL). READ MORE>>.

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On Funding?—?The Denominator Effect

Both Sides of the Table

On Funding?—?The The Denominator Effect I recently wrote a post about funding for investors to think about having a diversified portfolio , which I called “shots on goal.” If you funded 30–40 deals perhaps just 1 or 2 would drive the lion’s shares of returns. Photo credit: Joshua Hoehne on Unsplash On Funding?—?The

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Pray.com Finds $14M For Social Networking For Religious Communities

socalTECH

Westlake Village-based Pray.com , which develops social networking applications for religious communities, has raised $14M in a Series A funding, the company said this week. The funding was led by TPG Growth, and also included Science Inc. and Greylock Partners. READ MORE>>.

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SiFi Networks Finds $50M

socalTECH

SiFi Networks , which develops open access fiber optic networks, which it offers up to Internet Service Providers (ISPs), says it has received $50M to build out its network in the United States. The company said it will receive up to $400M in additional support for project funding.

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Social Networking Startup MeWe Raises $4.5 Million

L.A. Business Journal

Culver City-based social networking startup Sgrouples Inc., million in a venture round, bringing its total funding to $15 million since launching in 2012. doing business as MeWe, announced it raised $4.5

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Fullscreen Gets Funding For YouTube Network

socalTECH

Fullscreen , the online entertainment video site headed by George Strompolos, announced this morning that it has raised a round of Series A funding. Size of the funding was not announced. fullscreen media entertainment youtube network content hollywood venture capital' billion monthly views. READ MORE>>.