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One of those high profile neighborhoods here is Pasadena, home of Idealab, Caltech, OpenX, and many other high tech companies and institutions. A new effort in Pasadena, called Innovate Pasadena (www.innovatepasadena.com), is looking to become a catalyst for innovation and entrepreneurship in Pasadena.
For Friday''s interview, we spoke with Terry Kay ithe new Chairman of the Pasadena Angels (www.pasadenaangels.com) on the group, and its relevance in the technology funding world today. First off, for those not familiar with the Pasadena Angels, talk about the group? Terry Kay: That''s a good question.
Los Angeles-based Ranker , the online rankings website where consumers can rank anything they like, has scored a new round of funding, in an inside round. The funding came from Siemer Venture Capital, Rincon Venture Partners, Draper Associates, the Tech Coast Angels, and the Pasadena Angels, according to CEO Clark Benson.
Pasadena-based Thin Line Capital announced this morning that it has launched a brand new, energey and sustainability fund, which will invest in cleantech investing. The new firm, led by serial entrepnd investor Aaron Fyke, said its seed stage fund has had its first close of over $5 million.
Pasadena-based energy technology company Heliogen Inc. has raised a total of $108 million in two funding rounds to help develop its industrial solar energy technology, the company announced June 15.
Altadena-based TripTrotting , an online community that helps world travelers find hosts, has scored a Series A round of funding, according to sources close to the firm. The funding came from Idealab's New Ventures Group. Details on the funding, and size, have not yet been announced by the startup.
The April funding of newest Idealab startup TweetUp was worth $3.5M, according to regulatory filings from the firm released Thursday. The amount of the funding, which came from Index Ventures, betaworks, Revolution LLC, First Round Capital, Jason Calacanis, and Jeff Jarvis, had not been announced in April. TweetUp is based in Pasadena.
in funding in Q3, up in terms of dollars from Q3 of last year, when $670.9M Finally, the third biggest area for funding was Retailing/Distribution, which had a total of $105.7M was raised. In terms of deals, the quarter was actually down from last year, with 79 deals completed in Q3 of this year, versus 91 in Q3 of 2011.
Pasadena-based Foodme , a new startup looking to connect restaurants with diners, has scored new funding from Idealab's New Venture Group. Size of the funding round was not disclosed. Delacruz said that the firm is one of the first investments from a new effort at Idealab to invest in outside ideas. READ MORE>>.
Pasadena-based SeqOnce Biosciences , which is developing next generation sequencing technology, has raised $1M in a seed funding round, according to the company. The funding came from Pasadena-based Mount Wilson Ventures (MWV), a new venture capital investment fund led by longtime Pasadena biotechnology veteran Mike Giardello, Ph.D.
According to Cadence Biomedical , the Tech Coast Angels are among a number of new investors in a $1.1M, Series A2 funding for the company. The funding was led by HealthTech Capital, and also included the Sand Hill Angels, Tech Coast Angels, ACE Fund, Frontier Angel Fund, WINGS, Alliance of Angels, and Keiretsu Forum Northwest.
Pasadena-based Calibrate Ventures , a brand new venture capital firm founded by Kevin Dunlap and Jason Schoettler, announced on Tuesday morning that it has raised $80M in its very first venture capital fund, Calibrate Ventures, L.P.
This morning, Pasadena-based Perfect Market (www.perfectmarket.com) announced a new, $9M round of funding for the firm's technology, which is used to help publishers monetize their content. Congrats on funding. In our last round of funding, Tribune led the round. So what are your plans for the new funding?
in funding in Q3, up in terms of dollars from Q3 of last year, when $670.9M Finally, the third biggest area for funding was Retailing/Distribution, which had a total of $105.7M was raised. In terms of deals, the quarter was actually down from last year, with 79 deals completed in Q3 of this year, versus 91 in Q3 of 2011.
Pasadena-based Materia , the developer of olefin metathesis catalyst technology developed at the California Institute of Technology, said this week that it has received a National Institutes of Health (NIH), Phase II funding grant. Amoumt of the grant was not disclosed.
Woodland Hills-based Yowza , the developer of a mobile coupon application for both the iPhone and Android, disclosed today that it has closed on a Series A funding round. The round came from the Tech Coast Angels and the Pasadena Angels. The firm did not detail exact timing or size of the round.
Pasadena-based Wavemaker Three-Sixty Health , a healthcare innovation fund led by Jay Goss and Dr. John Nackel, says it has launched a new venture capital fund, Wavemaker Three-Sixty Health Fund II. Size of the new fund was not announced. READ MORE>>.
Five, Southern California firms are among companies who are splitting up $62M in government funding for the research, development, and demonstration of concentrating solar power systems, according to an announcement by the U.S. Southern California is a major beneficiary of the DOE grants, with Pasadena-based eSolar received $10.8M
The Pasadena Angels , one of the most active organized angel investment groups in the Los Angeles area, released some details on the groups'' 2014 performance over the holidays, saying that it saw a total of four exits--including a $100M exit over at Bluebeam --and closed 17 deals during the year. in new funding for its portfolio companies.
A new, Pasadena-based startup out of Idealab , the startup incubator headed by Bill Gross, is hoping to bring 3D printing to the masses for $149. Financial details of the new funding for New Matter was not announced. READ MORE>>. maker indiegogo gross bill desktopfactory printing 3dprinter printer hero idealab newmatter matter'
Pasadena-based Ocular Data Systems , a startup that develops a high resolution camera which is used by law enforcement to document signs of drug and alcohol impairment and other issues with drivers, has raised a round of investment from the Pasadena Angels. Ocular, led by CEO Marcus O. READ MORE>>.
Pasadena-based Rockoco , a spinout of Caltech, has raised $1.5M in a funding round, according to lead investor the Pasadena Angels. According to the firm, it will use the funding to move the firm out of its current home at Caltech into its own facility.
Bolstering Freebinar's efforts is new funding from the Pasadena Angels and the Tech Coast Angels. Financial details of that funding were not disclosed, however, CEO Costin Tuculescu confirmed that it just saw a first close on its Series A.
Los Angeles-based Atlas Powered , a developer of software for managing calendar, task, and contact data on iOS and Android, has raised $700,000 in a funding round, the firm said today. According to Atlas Powered, the funding will go towards development and commercialization of its app for iOS and Android.
According to the Pasadena Angels, one of the investors in the firm, the round also included the Tech Coast Angels and un-named venture capital firms. The Pasadena Angels said the funding will go towards expanding and growing Ondax's optic solutions. READ MORE>>.
Pasadena-based Cramster , the online homework help site started by Aaron Hawkey, Robert Angarita and Kaveh Golabi, has been acquired by Chegg , Chegg announced today. The firm had raised around $9M in funding, from Primera Capital and Shai Reshef. Financial terms of the buy were not disclosed. READ MORE>>.
Pasadena-based Idealab has led a round into LA-spawned Mingly , a developer of software which connects Gmail with a user's social networks. Mingly said it raised $500,000 in a seed round of financing from Idealab, Allen Morgan, Alex Karelin, and other angels Wednesday. and Startup Nights here in LOs Angeles.
SeekOps , a developer of drone-based sensor systems to locate natural gas emissions that was spun out of NASA's JPL Laboratories in Pasadena, has raised funding in a Series A-1 round, the company said on Friday.
Thursday, October 19, 2017 -- How I Got Funded. Pasadena Angels. A successful start-up requires funding, mentoring and strong community partnerships. Engage in our panel discussion with Pasadena Angels' portfolio companies and network with our angel investors. See [link] (more)
Pasadena-based Foodme (www.foodme.com) is one of the first, external startups funded out of Idealab's New Venture Group, and is looking to help connect restaurants with customers using a CPA model. The firm so far has signed up a number of restaurants in the Pasadena area. What is Foodme all about? How do users do that?
Pasadena-based OnGreen , the online marketplace for green and clean technology businesses, said today that it has launched a new, patent marketplace focused on allowing users to license or sell their intellectual property (IP). According to OnGreen, the new marketplace will provide additional funding avenues for entrepreneurs.
The funding brings Southern California's total 2012 investments to $3.2 in funding. In terms of industries, biotechonlogy actually led the region, with a total of $134.87M in funding; the majority of those funding deals were in the San Diego area. in funding. That total was less than the $859.6M or the year, $26.5
Presented by the Pasadena Angels in partnership with LAVA and Expert Dojo Launching a successful start-up requires more than grit, caffeine and an innovative idea. A successful start-up requires funding, mentoring, and smart connections.
BlockBeacon said that so far, its services has been used by the City of Santa Monica and the Santa Monica Chamber, LA Tourism and dineLA Restaurant Week, as well as Orange County Restaurant Week, and Pasadena Restaurant Week, to power their interactive maps.
Pasadena-based Protomer Technologies announced this morning that it has received funding from both the JDRF T1D Fund, as well as Eli Lilly and Company, in a funding round. The company said Eli Lilly and Company led the funding, with the new investment today from JDRF. Size of the investment was not announced.
Gevo--which is now based in Englewood, Colorado--was started in Pasadena, and has licensed technology from both the University of California, Los Angeles, and Caltech. Gevo is venture backed backed by Khosla Ventures, Virgin Green Fund, Total Energy Ventures, Burrill Life Sciences Capital Fund, and the Malaysian Life Sciences Capital Fund.
Pasadena-based Cramster.com , which operates an online home help web site, is announcing today that it has raised $6M in a Series B funding. The funding came from Primera Capital. As part of the funding, Ori Sasson of Primera is joining the firm's board of directosr. READ MORE>>.
Los Angeles-based Gridtest Systems , a developer of measurement tools for the electric vehicle (EV) market, said this morning that it has raised a seed round of funding from the Pasadena Angels and the Tech Coast Angels. The firm, which was founded by Neal Roche, said the funds go to accelerate launch of its first product.
Adhesive Games , the Alhambra-based, independent game publishing studio which is part of Meteor Entertainment has just scored a big, $18M funding round from Rustic Canyon Partners , Chinese game publisher KongZhong, and others to help bring its first title to market, Hawken. Alhambra is a suburb of Los Angeles, just south of Pasadena.
Pasadena-based online advertising software firm OpenX has just raised a big, $20M funding round, according to a regulatory filing from the firm late Friday. The funding has not yet been announced by the company. The new round would bring the company's total raised up to around $50M, over four rounds of funding.
Pasadena-based Idealab has made another investment in a Twitter-related service, in GoPollGo , which said today that it has launched an online polling service based on Twitter. The firm said it recently closed a seed funding from Idealab. Financial details of that funding were not disclosed. READ MORE>>.
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