Red 6 Raises $30 Million For AR Military Training
L.A. Business Journal
JUNE 1, 2021
Aerospace company Red 6 raises $30 million in a Series A round to fund its augmented reality military training technology.
Parallel Systems Picks Up $49.55M For Autonomous Trains
socalTECH
JANUARY 19, 2022
Culver City-based Parallel Systems, a startup developing autonomous train and transportation technology, said today that it has raised $49.55M in a Series A funding round. The funding was led by Anthos Capital, and also included Congruent Ventures, Riot Ventures and Embark Ventures. The company is led by CEO Matt Soule.
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Hone Gets $16M For Corporate Training
socalTECH
NOVEMBER 3, 2021
San Diego-based Hone, a provider of a corporate learning platform, has raised $16M in a Series A funding round. The funding was F-Prime Capital and also included Cowboy Ventures, NextGen Venture Partners, Slack Fund, Gaingels, Swift Ventures, and SemperVirens. Hone is led by CEO Tom Griffiths.
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Specular Theory Snags $4.5M For VR Training For Air Force
socalTECH
JUNE 3, 2021
Venice Beach-based Specular Theory, a developer of virtual reality training software for the U.S. According to the company, the funding will go towards expanding its immersive training products supporting U.S. Air Force B-52, C-17 and KC-135 aircrew training over the next three years.
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Los Angeles-based Talespin nabs $15 million for its extended reality-based workforce training tools
TechCrunch LA
MARCH 3, 2020
Specifically, making talent management, training and hiring easier for employers in certain industries. “ Talespin ‘s immersive platform has transformed employee learning and proven to be an impactful addition to our training programs. . That means assets can be reused multiple times and across different training modules.
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Dozuki Lands Strategic Funding
socalTECH
SEPTEMBER 27, 2021
San Luis Obispo-based Dozuki, a developer of software that provides training to the manufacturing workforce, has raised a strategic growth investment round, the company said today. The funding came from Marlin Equity Partners. According to Dozuki, it will use the funding to further its position in the manufacturing software market.
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Fitplan Finds $4.5M For Personal Training App
socalTECH
SEPTEMBER 10, 2019
Los Angeles-based Fitplan , which develops a mobile app focused on personal training, wellness, and fitness, has raised $4.5M in a funding round, according to the company. Fitplan said the investment funding will go towards product development, plus add more athletes to its app. READ MORE>>.
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Edufii Scores $1.4M For Athletic Training App
socalTECH
SEPTEMBER 9, 2014
in a Series A financing, to go towards its social and mobile platforms for athletic training. The funding was led by DFJ Frontier and the Pasadena Angels, and also included Gideon Hixon Fund, Tech Coast Angels, SLO Seed Ventures, along with Rudy Duran, who was the first coach for Tiger Woods. Edufii is led by Spencer Dennis.
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Entity Academy, an edtech startup that trains, mentors and places women in tech roles, secures $100M
TechCrunch LA
OCTOBER 7, 2021
An edtech startup called Entity Academy — which provides women with training, in areas like data science and software development; mentoring; and ultimately job coaching — has raised $100 million on the heels of strong growth of its business, and an ambition to improve that ratio.
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Ascent Funding Targets Coding Bootcamps With Skills Fund Acquisition
socalTECH
MARCH 31, 2021
San Diego-based Ascent Funding, a provider of student loans, says it is targeting the coding bootcamp market, with a new set of loans for those programs. Coding bootcamps--which offer short term training on technical skills, such as software development--have become popular in recent years to gain practical experience in technical fields.
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APX Platform Scores Seed Funding
socalTECH
OCTOBER 8, 2021
Size of the seed funding was not announced. The company said its tools provide sales and financial training, tools to understand financial benchmarks, and education around understanding key data analytics. The startup is led by two co-CEOs, Izhak Musli and Terri Ross.
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DroneBase raises capital and partners with FLIR Systems to train pilots on thermal imaging tech
TechCrunch LA
APRIL 10, 2019
Publicly traded sensor technology developer, FLIR Systems , is investing in a strategic round of funding for the outsourced drone imaging company, DroneBase. The two companies are also partnering to provide FLIR’s thermal imaging technology and training services to DroneBase’s stable of pilots.
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Kajabi Gets Funding From Spectrum Equity
socalTECH
NOVEMBER 7, 2019
Irvine-based Kajabi , which develops a platform that helps both individuals, as well as small- and mid-sized businesses monetize online courses, training materials, and other content, has receive an investment from private equity investor Spectrum Equity. Kajabi said the funding is its first institutional funding since it launched in 2010.
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Red 6 Lands $30M In Series A Funding
socalTECH
JUNE 1, 2021
Santa Monica-based Red 6, which is developing augmented reality (AR) technology used to provide air combat training, said today that it has raised $30M in its Series A funding round. The company said the funding gives it a $130M post-cap valuation. The funding was led by Snowpoint Ventures, an existing investor in Red 6.
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DreamHost Gets $288K For Employment Training
socalTECH
JULY 12, 2012
Los Angeles-based hosting provider Dreamhost has tapped into an interesting source of funding to help provide training to its employees: a grant from the State of California. The hosting provider said it has received $288,200 from the state's Employment Training Panel (ETP) to help provide training to its nearly 200 employees.
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Red 6 Finds Funding From Lockheed Martin Ventures
socalTECH
JUNE 19, 2020
Santa Monica-based Red 6 , a startup which is developing augmented reality training systems for the aerospace and defense market, said it has received a strategic investment from Lockheed Martin Ventures. Size of the funding was not announced.
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Quantum Computing 101: Brilliant, Google, Microsoft Training Workers
Xconomy
MAY 31, 2019
But tech companies are already writing the novel kinds of software these revolutionary computers will need in order to operate—and businesses are even helping to train the workforce for a future era of “quantum speed-up.’’ For that training task, Microsoft and X, the cutting-edge research arm of.
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Sonosim Scores Funding From GE Healthcare
socalTECH
OCTOBER 1, 2018
San Diego-based ultrasound education and training software developer Sonosim has received an equity investment from GE Healthcare , GE Healthcare announced on Monday. Financial details of the funding deal were not announced. The simulator is paired with an external device which simulates the operation of real sonogram equipment.
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Lynda.com Buys European Video Training Firm
socalTECH
FEBRUARY 14, 2013
lynda.com , the online learning and video instruction site based in Carpinteria, is putting some of its new funding to work, saying this morning that it has acquired video2brain, GmbH , a European online video training company, to help expand its services worldwide. Financial terms of the buy were not disclosed.
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Spying a pivot to ghost kitchens, Softbank’s second Vision Fund pours $120 million into Ordermark
TechCrunch LA
OCTOBER 27, 2020
The 29 year-old CEO has, indeed, built a decentralized ghost kitchen — and managed to convince Softbank’s latest Vision Fund to invest in a $120 million round for that the company announced today. There’s a whole bunch of training that happens. Then there’s secret shopping and review monitoring to monitor quality.”
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Hyper Martial Arts Gets $400K In Debt Funding
socalTECH
SEPTEMBER 1, 2015
Huntington Beach-based lifestyle brand Hyper Martial Arts , which develops high-intensity, martial arts training curriculum, has raised $400,000 in debt funding. The funding came from Lighter Capital. The company says its training revolves around a "martial arts lifestyle".
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Moonshots Capital Announced First Seed Stage Fund
socalTECH
OCTOBER 11, 2018
Los Angeles-based Moonshots Capital , the venture capital investment firm led by Kelly Perdew and Craig Cummings, has raised its first official fund, a $19M seed stage venture fund. The firm--which has been making investments even before raising the official fund, announced today--has already made four investments out of the new fund.
Degreed Raises $75M to Expand in Growing Workforce Training Sector
Xconomy
JUNE 27, 2019
San Francisco-based Degreed is among the educational technology companies now classified as “learning experience platforms,’’ because they organize staff participation in skills development training and coordinate it with the goals of employers, who are their clients.
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5 Recommendations Before Funding An Appealing Startup
Startup Professionals Musings
APRIL 23, 2023
After you have heard a few startup success stories, like Google, Facebook, and Microsoft, you may be tempted to invest some money yourself, maybe by pooling your funds with other investors who claim to have a great track record. My advice is to leave the investing in startups to the professionals (or friends and fools). Another method?
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Traliant Gets Majority Funding From Private Equity Investor
socalTECH
JANUARY 26, 2021
Manhattan Beach-based Traliant, which provides online workplace compliance training solutions, said it has received a majority investment from private equity investor PSG. Financial terms of the investment were not announced. Traliant was founded in 2016, and says it has over 5,000 customers.
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Should Startups Announce Their Funding?
Both Sides of the Table
JANUARY 26, 2013
Understanding “The Funding Angle” I sit at enough board meetings to hear conflicting advice given to entrepreneurs about how to handle PR and announcements at startups. I think many board members (including VCs) were trained 10+ years ago when life was very different and their advice often comes from an outdated lens.
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355 Talespin Takes $15M For Virtual Reality Software
socalTECH
MARCH 3, 2020
Culver City-based Talespin , a developer of virtual reality technology, has raised $15M in a Series B funding round, the company said this morning. The funding was led by Cornerstone OnDemand, and also included Farmers Insurance Exchange and HTC. Talespin develops virtual reality software used for employee training and other efforts.
A Chat With Kelly Perdew: Moonshots Capital And Its First Dedicated Fund
socalTECH
OCTOBER 11, 2018
This morning, Moonshots Capital (www.moonshotscapital.com), led by Kelly Perdew and Craig Cummings , announced its first formal fund, a $19M seed stage fund. In October of last year, we did a first close on our first committed fund, which we're announcing. It's much better with committed funds and bigger checks.
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164 FightCamp Lands $90M Round
socalTECH
JULY 1, 2021
Los Angeles-based FightCamp, which develops an interactive, at-home training system for boxing and kickboxing, said on Wednesday that it has raised $90 in a venture capital funding round.
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113 Red 6 Aerospace Lands $2.5M For AR Technology
socalTECH
APRIL 18, 2019
Los Angeles-based Red 6 Aerospace , a startup developing Augmented Reality software aimed at used in what it says are "high-speed, dynamic environments", has raised $2.35M in a seed funding round. The funding was led by Moonshots Capital, and also included Irongate Capital Advisors, as well as angel investors.
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153 Serious Entrepreneurs Master Media Training Early
Startup Professionals Musings
DECEMBER 17, 2012
Not so long ago, training to meet the press and television reporters was a realm reserved for top business executives only. Ask Eric Migicovsky, founder of Pebble , who raised over $10 million on the Kickstarter crowd-funding platform for his relatively low-tech wristwatch with programmed clock faces.
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TOCA Football Scores $40M
socalTECH
JUNE 29, 2021
Costa Mesa-based TOCA Football, which operates 14 sports centers focused on soccer training, has raised $40M in its Series E funding. TOCA said it has now raised $105M in total funding. TOCA is led by CEO Yoshi Maruyama.
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ChargerHelp raises $2.75M to keep EV chargers working
TechCrunch LA
MARCH 29, 2021
million from investors Trucks VC, Kapor Capital, JFF, Energy Impact Partners and The Fund. The funds will be used to build out its platform, hire beyond its 27-person workforce and expand its service area. Terry said they have also hired their core team of seven employees and trained their first tranche of technicians.
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What Is Claude AI and Anthropic? ChatGPT’s Rival Explained
Tech.Co
OCTOBER 27, 2023
Who Owns Anthropic, and Who Funds It? Who Owns Anthropic, and Who Funds it? During Anthropic's first funding round, which took place in early 2021, the company raised an impressive $124 million – which included investment from Skype Co-founder Jaan Tallin. You'll also see how Claude differs from ChatGPT in key areas.
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142 Slingshot Aerospace Lands $2M For Space Simulation Tool
socalTECH
OCTOBER 8, 2020
El Segundo, California- and Austin, Texas-based Slingshot Aerospace said this morning that it has received $2M in funding to go towards developing of a new, space training simulation tool for the U.S. Space Force. READ MORE>>.
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VentureWell to Fund UMaine Student-Led Biotech Startup
Tech.Co
DECEMBER 13, 2017
VentureWell, a Massachusetts-based nonprofit that supports science and technology entrepreneurs, has selected a medical simulation startup founded by University of Maine students to receive funding and training. The funding comes from VentureWell’s E-Team Student Grant Program.
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Masters Snags $2.7M For Virtual Coaching
socalTECH
JANUARY 13, 2022
Los Angeles-based Masters, a startup that lets users get coaching and training from famous athletes, has raised $2.7M in a seed funding round.
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Red 6 Snags $7M For Augmented Reality Air Combat Systems
socalTECH
MARCH 1, 2021
Santa Monica-based Red 6, which is developing augmented reality air combat training systems, announced this morning that it has raised $7M in a funding round. The company said the funding was raised via a financial arrangement called a SAFE (Simple Agreement for Future Equity). Red 6 is led by founder and CEO Daniel Robinson.
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124 Gretel.ai Snags $50M For Privacy Efforts
socalTECH
OCTOBER 7, 2021
San Diego-based Gretel.ai, a startup which is developing privacy technology, has raised $50M in a Series B funding, the company said today. The funding was led by Anthos Capital, and also included Section 32, Greylock, and Moonshots Capital. According to the company, it has now raised $65.5M. is led by CEO Ali Golshan.
ChargerHelp Connects With $2.75M For EV Charging Repair
socalTECH
MARCH 29, 2021
Los Angeles-based ChargerHelp, a new startup focused on offering up repair to electric vehicle charging stations, has raised $2.75M in a funding round, the company disclosed on Monday. Terry, said the funding came from Trucks VC, Kapor Capital, JFF, Energy Impact Partners and The Fund. The startup, founded by Kameale C.
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113 TOCA Football Takes $25M
socalTECH
OCTOBER 31, 2019
Costa Mesa-based TOCA Football , a company which says it uses "technology-enabled experience" to help provide soccer training, has raised $25M in a Series D funding round. The company said that, as part of the funding, it has appointed Yoshi Maruyama as its CEO. TOCA was founded by U.S.
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Seismic Scores $170M, Now Worth $3 Billion
socalTECH
AUGUST 16, 2021
San Diego-based sales and marketing software developer Seismic has raised $170M in a Series G funding round, the company said this morning, and is now valued at $3 billion. The Series G round was led by Permira and also included JMI Equity, Lightspeed Venture Partners, Jackson Square Ventures, Ameriprise, and funds and accounts advised by T.
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DIRECTV, Panasonic Fund 3D Films
socalTECH
MAY 3, 2011
El Segundo-based satellite TV operator DIRECTV and consumer electronics firm Panasonic said Tuesday that the two will be funding six 3D films, as part of an effort to train filmmakers on 3D equipment.
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6 Keys To Funding Based On Your Marketplace Advantage
Startup Professionals Musings
FEBRUARY 14, 2021
Remember the transportation transitions from horses to autos to trains to airplanes. Competition for your new hydrogen fuel auto engine is not limited to other hydrogen auto engine offerings, or even other autos. All of these are competitors in terms of speed, price, or luxury.
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