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Reflections on 2016: Rob Freelen, Silicon Valley Bank

socalTECH

Silicon Valley Bank is big supporter and has been a sponsor of socaltech for many, many years. Rob Freelen: The best lesson I learned in 2016 is that a well-managed company can succeed in any funding environment. Here, we have the thoughts of Rob Freelen of Silicon Valley Bank (www.svb.com).

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Cytori Therapeutics Gets $10M In PIPE

socalTECH

The firm said the new funding will be used for sales and marketing activities, ongoing clinical studies, research and development, as well as for general working capital. Source of the funding was not disclosed. The firm said the financing may fund its operations through at least 2009.

San Diego 100
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Interview with Alan Horsager, Episona

socalTECH

We have done both retrospective proof-of-concept and also prospective studies to prove out the concept, which is based on probably 100 papers worth of articles published in scientific journals. Let's talk about the recent funding round? Alan Horsager: The funding originally started with a convertible note, through the Pasadena Angels.

USC 100
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Gene Dolgoff's 3D Vision: Using Crowdfunding To Turn the World 3D

socalTECH

Because we want to get into production, marketing, and sales, right now we're listing on Fundable.com. We have a business plan and private placement on that site, and recently started searching for investors to raise the funds we needed to go into production, and start marketing and sales. Then, there is our system.

Startup 252
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Interview with Skyler Lucci, HeyTutor

socalTECH

The company recently raised a round of funding from Santa Barbara-based ScOps Venture Capital. In terms of where we offer to our customers, we have 250 different areas, from early childhood to studying for an MCAT or the bar. We started to dump money into sales and marketing and development so we could scale up.

Startup 113
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How PointPredictive Is Using Machine Learning To Uncover Fraud, With Tim Grace

socalTECH

What we studied and surveyed with all of our lenders, is that right now that market is a $4 to $6 billion dollar industry, with lots of fraud from mis-representation. Tim Grace: We were quite busy even before the funding. PointPredictive is focused on the automotive lending market. Finally, what's next for you?

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Interview with Zach James and Rich Raddon, MOVIECLIPS.COM

socalTECH

Last week, Los Angeles-based MOVIECLIPS.COM (www.movieclips.com) announced the firm's Series A funding round, worth $3M, from Shasta Ventures, First Round Capital, and a number of Silicon Valley angels. Studies show, if you don't, people will turn to piracy. Now that you have the funding in hand, what are you working on?

Startup 190