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Los Angeles-based life sciences investor WestlakeVillage BioPartners announced today that it has raised two new venturecapitalfunds, worth a total of $500M, for its investments in biotech companies. The venture investor says it has now raised more than $820M in total for its investments. READ MORE>>.
Los Angeles-based venturecapital investor WestlakeVillage BioPartners said on Wednesday that it has named Peter Calveley, previously Managing Director in the Investment Banking Group at SVB Leerink, as its Chief Operating Officer. Calveley previously also served at Merrill Lynch and Alexion Pharmaceuticals.
WestlakeVillage BioPartners , a brand new venturecapitalfund focused on the life sciences, said on Wednesday that it has launched a new, $320 investment fund aimed at early stage companies. According to the new venturefund, it was founded by Beth Seidenberg, M.D.,
CoverHound , a startup which offers up an online marketplace for auto, motorcycle, home, and renter''s insurance, said this morning that it has doubled its space in Southern California, as part of a new funding round for the company. READ MORE>>.
WestlakeVillage-based WaveConnex , an early stage startup developing wireless technology based on millimeter-wave, 60Ghz signals, has raised $2.0M in a funding round from a single investor, according to a regulatory filing by the firm today. Deyhimy serves as CEO of the company.
Southern California venture totals for Q3 totaled around $1.0 billion in investments, according to the Q3 analysis of venturecapital deals by socalTECH.com. 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.
An analysis of Q2's venturecapital deals and investment activity in Southern California find that venture capitalists invested around $1.6 for Torrance-based Amonix , $27.75M for WestlakeVillage-based Row 44 , $31.0M Tags: finance investment capitalventure. billion invested in Q1, and up from $1.0
A major competitor to WestlakeVillage-based Row 44 , which develops Wi-Fi equipment for the commercial aviation market, has scored a big funding round this morning. Those investors include Ripplewood Holdings, Blumenstein/Thorne Information Partners and other investment entities associated with Oakleigh Thorne.
WestlakeVillage-based Cynvenio Biosystems , a developer of high speed, bioseparation instruments for the life sciences market, has raised $1.96M in a Series B funding round, according to a regulatory filing by the firm today. Source of the new funding was not disclosed. The firm was co-founded by Frederick W.
CoverHound , the online insurance shopping marketplace with offices in WestlakeVillage, apparently raised a funding round, according to what appears to be a broken embargo by a Silicon Valley technology news site. Coverhound's offices are split between San Francisco and WestlakeVillage.
Los Angeles-based ACELYRIN , a new startup biopharma company, announced this morning that it has raised a Series A funding. Size of the funding round was not announced. The funding came from WestlakeVillage BioPartners. READ MORE>>.
The venturecapital backers of semiconductor maker Inphi Corp. based on Santa Clara but with major operations in WestlakeVillage, are looking to cash out more shares, according to a filing by the firm this morning. According to Inphi Corp., The follow-on offering comes about 4 months after its IPO. per share IPO debut.
WestlakeVillage-based Row 44 , the developer of wireless broadband systems for the commercial aviation industry, is expected to announced today that it has raised another $37M in funding. Source of the funding was not announced. The firm is headed by John Guidon. READ MORE>>.
WestlakeVillage-based Altasens , a developer of CMOS image sensors, has raised $15.1M funding round, according to a regulatory filing from the firm Thursday. Details on the funding have not been announced by the company. out of a $20.1M READ MORE>>.
WestlakeVillage-based Ember Technologies , the maker of a temperature controlled, thermal mug, has raised $13M more in funding, the company disclosed today. Source of the funding was not announced.
WestlakeVillage-based Zumbox , a developer of a system for sending electronic mail to postal addresses, announced today that it has raised $8M in a funding. Tags: zumbox venturecapital angel electronic postal email mail. READ MORE>>.
WestlakeVillage-based warehouse robot developer inVia Robotics, which is led by Lior Elazary, says that it has raised $30M in a Series C funding round. The funding came from Microsoft's venturecapitalfund, M12, as well as Qualcomm Ventures, Hitachi Ventures, the corporate venture arm of Hitachi, Ltd.,
WestlakeVillage-based Inphi , a developer of high speed, analog semiconductors, announced today that it has hired on a new VP of Operations, Atul Shingal. The firm is venture backed by Tallwood VentureCapital, Mayfield Fund, Walden International, and others. READ MORE>>.
Thousand Oaks-based Capsida Biotherapeutics, a new biotechnology company focused on using adeno-associated virus (AAV) engineering and cargo development platform to develop tissue-targeted gene therapies for multiple types of diseases, has uncloaked from stealth mode, saying it has raised $140M in total capital.
CoverHound , the online insurance shopping marketplace with offices in WestlakeVillage, has raised $55M more in a funding round, the company said this morning. The funding was led by Hiscox, and also included Chubb, Aflac Ventures, and MS&AD. The company says it has now raised $110M in total.
WestlakeVillage-based Specialists On Call , a firm developing a service to provide physician specialists to urban, suburban, and other hospitals via videoconferencing, has raised around $11.73M in a series of fundings, according to regulatory filings by the firm this week.
Alex Schneider: It all started in 2003, when the city created an economic development fund worth $5M. It was a kind of rainy day fund, available for economic development purposes. In 2007, we started to put some policy attached to the money, and created a jobs investment fund. The $5M of funding we had got split three ways. $3M
CoverHound , which has offices in WestlakeVillage, and is also one of the portfolio firms of Los Angeles-based venture investor Core Innovation Capital , has raised $33.3M in a Series C funding. The company now reportedly has a valuation of over $103M. READ MORE>>.
WestlakeVillage-based PureSpectrum , a startup which operates an online marketplace to help buyers collect survey panels, has raised $1.6M in a funding round, according to the company. The funding came from multiple, un-named strategic partners. The company was founded by Michael McCrary. READ MORE>>.
INVST , a WestlakeVillage-based startup which offers up an online platform to help alternative investment funds find accredited investors, has signed up three new clients for its service, the company said this week. READ MORE>>.
But a new venturecapital firm led by industry veterans is trying to cast the City of Angels in a new light. WestlakeVillage BioPartners is launching today with $350 million in committed capital. Los Angeles has long been in San Francisco’s shadow when it comes to life sciences investment.
WestlakeVillage-based Cyber-Rain , a developer of smart irrigation controllers, has raised $792,454 in an equity funding raise, according to a regulatory filing by the firm this week. No details on the funding have been released by the firm. READ MORE>>.
WestlakeVillage-based Sienna Biopharmaceuticals , a startup biopharmaceuticals firm developing products for the medical dermatology and aesthetics market, has filed for an IPO. Morgan, Cowen, and BMO Capital Markets. Morgan, Cowen, and BMO Capital Markets. Sienna said it is hoping to raised up to $74.8M READ MORE>>.
WestlakeVillage-based Energy Vault, which is developing gravity-based, grid-scale energy storage systems, has raised $100M in its Series C funding round, the company announced this morning. Gekko, Crexa Capital Advisors LLC, Green Storage Solutions Venture I LLC, and Gordon Crawford.
WestlakeVillage-based Sienna Biopharmaceuticals , a new aesthetics and medical dermatology startup, said Thursday that it has raised $34M in a Series A financing round. The funding was led by ARCH Venture Partners, and also included Altitude Life Science Ventures, Partner Fund Management, and Venvest Capital, along with angels.
Thousand Oaks-based Dantari has raised $47M in its Series A funding, saying that it has launched a new, clinical-stage biotechnology company developing targeted therapeutics for the treatment of cancers and other diseases.
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