With the Los Angeles tech scene exploding, CrossCut Ventures raises $125 million to invest

TechCrunch LA

CrossCut Ventures, a Los Angeles-based seed investment firm has just closed its fourth (and largest) fund with $125 million in new cash. It’s been a long road for the firm’s three co-founders, who have been investing in Los Angeles since 1997.

Champion Technology Gets Investment From R9B

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Santa Monica-based Champion Technology , which develops an artificial intelligence-powered software product for the cybersecurity area, to help improve cyber security analysis, has received a strategic investment from R9B (root9B, LLC), a provider of cybersecurity products and services. Size of the investment was not announced. According to the two, the investment deal came as a result of a strategic partnership and alliance between the companies.

Investing in AI

SoCal Tech Calendar

Technology has become an integral part of our lives, changing our lives and work, the opportunities for new ventures and established enterprises, and more broadly society. Technology based disruptions are affecting almost every sector today including transportation, healthcare, financial services and retail. Thursday, January 17, 2019 -- CES 2019 at UCLA Anderson.

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With the Los Angeles tech scene exploding, CrossCut Ventures raises $125 million to invest

TechCrunch LA

CrossCut Ventures, a Los Angeles-based seed investment firm has just closed its fourth (and largest) fund with $125 million in new cash. It’s been a long road for the firm’s three co-founders, who have been investing in Los Angeles since 1997.

Oaktree Capital Invests In Shoals Technologies Group

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Los Angeles-based private equity investor Oaktree Capital Management has made an investment in Shoals Technologies Group , a developer of junction boxes, wiring, and monitoring products for the solar electrical industry. Size of the investment was not announced. According to Shoals Technologies Group, the funding came from Oaktree's Power Opportunities group. shoals technology group solar hardware photovoltaic private equity

Prime Focus Technologies Gets Private Equity Investment

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Los Angeles-based Prime Focus Technologies , a developer of ERP software for the media industry, says it has received its first round of funding from private equity investor Ambit Pragma. Size of the investment was not announced. prime focus technologies venture capital private equity ambit software hollywood content

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Technology infrastructure launchpad The Fabric raises $15 million

TechCrunch LA

The Fabric, an early-stage investment company developing new infrastructure technologies, has raised $15 million for its third investment vehicle.

How I Invest

Both Sides of the Table

During the Q&A I was asked about how I make investment decisions in early-stage businesses. I know that sounds trite but it’s the best way I can describe my early-stage investments. If I don’t do both then it’s highly unlikely I will invest. I know now that investments will consume many hours including late nights / early mornings and weekends. Often as I describe to people privately why I invested the first reaction is not to immediately get it.

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IMT Acquired By Cerium Technology

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Santa Barbara-based MEMs technology developer Innovative Micro Technology (IMT) said early this morning that it has received a majority equity financing from Cerium Technology. Size and terms of the majority equity investment were not announced. Cerium Technology is an investment firm focused on the Internet-of-Things (IoT) market. mems merger acquisition venture capital cerium technology semiconductor chip

Qualcomm Sets Up New, $100M AI Investment Fund

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San Diego-based Qualcomm announced on Wednesday that it has launched a brand new, venture capital investment fund, which will focus only an artificial intelligence. The first investment out of the fund is in AnyVision , a startup working on face, body, and object recognition. learning machine finance investment capital venture intelligence artificial qualcomm

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Airspace Technologies Finds $8M For Logistics Technology

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Carlsbad-based Airspace Technologies , which is developing technology for the logistics market, says it has raised $8M in a Series A funding round. The funding was led by Defy, and also included Qualcomm Ventures (the investment arm of Qualcomm Incorporated), Cross Culture Ventures, and Schematic Ventures. According to Airspace, it is providing "time definite" delivery and supply chain services to the healthcare, technology, and aerospace sectors.

Hangzhou Liaison Interactive Information Technology Co. Invests $179 Million in Newegg Inc.

L.A. Business Journal

A Chinese tech company announced Tuesday that it would invest more than $179 million to increase its stake in online electronics retailer Newegg Inc. to almost 94 percent from 55.7 percent, according to Bloomberg

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How TenOneTen Ventures Is Investing In LA's Technology Future

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Despite a growing technology industry here in Southern California, local investors and entrepreneurs tell us there''s still a shortage of local, venture capital. We saw an extraordinary opportunity, in general, and in LA in particular, to really focus in on technology in Los Angeles.

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Study: Clean Technology Investments Up In Q3

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Investments in U.S., clean technology deals were up in Q3 of 2011, according to a new analysis published by Ernst & Young this week. venture capital investment in cleantech companies increased by 73%, to $1.1 The study found that clean technology investments were up compared with an overall venture capital trend of more dollars up, but deals down. California led the nation in cleantech investment in 2011 with $1,738.2 million in investments.

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Fisker Finds Funding For Battery Technology

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Los Angeles-based Fisker , the new developer of electric vehicle and solid state battery technology which was crated by Fisker Automotive founder's Henrik Fisker, has received a strategic investment from Caterpillar Venture Capital. Caterpillar Venture Capital is the investment arm of industrial equipment and vehicle maker Catepillar. Size of the strategic investment was not announced. saying it would again start designing electric vehicles and EV technology.

Semtech Invests In MultiPhy For 100G Optical Module Technology

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Camarill-based analog and mixed signal semiconductor company Semtech , and optical networking technology developer MultiPhy Ltd. Financial details fot he strategic partnership were not announced, however, Semtech said it has invested in MultiPhy, andis now one of the largest shareholders of the company. semtech 100g optical module analog mixed signal semiconductor venture capital strategic investment

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MTech Capital Raises $75M Insurance Technology Fund

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Los Angeles- and London-based MTech Capital , a brand new venture capital fund focused on the insurance technology, or "InsureTech" market, says it has raised a new, $75M venture capital fund. MTech Capital says that its founders are Kevin McLoughlin and Brian McLoughlin, and that it is focused on technology-enabled investment opportunities with potential to transform the insurance industry.

Technology Rodeo - Federal technologies

SoCal Tech Calendar

Thursday, November 10, 2016 -- Tritech Technology Rodeo. NASA, Navy, University Technologies. Why attend.

LegalZoom Valued at $2 Billion Following Investment

L.A. Business Journal

Glendale online legal technology company LegalZoom.com Inc. With this investment, LegalZoom’s estimated value totals roughly $2 billion announced June 30 it completed a $500 million financing round from four total investors, its second since the firm’s founding in 2001.

SoCal Second Place In 2009 Clean Technology Investments

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A report released today by Ernst & Young finds that Southern California was number two in the nation in terms of clean technology investments for the year. in 2009 in the clean technology area, and Q4 investments of $30.5M. venture capital investments dropped to $2.6

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Silicon Beach Report Dec. 5: Hyperloop Transportation Technologies Creates New Venture

L.A. Business Journal

Upfront Ventures leads $14 million MetaCX round; Axiomatic invests in Matcherino; Hyperloop Transportation Technologies links with German port authority

Invest 162

Swell Launches Social Impact Investing Platform

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Newport Beach-based Swell , a new fintech startup, said on Tuesday that it has launched a new online platform which lets consumers invest in specific portfolios focused on social impact. Swell said it lets users invest as little as $500 into such themed investments in the areas of green technology, renewable energy, zero waste, clean water, healthy living, and disease eradication. swell social impact investing financial fintech investment

Newegg Gets Investment From Hangzhao Liaison Interactive

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Los Angeles-based online technology retailer Newegg announced late Thursday that it has received a "significant" investment from Chinese company Hangzhao Liaison Interactive Information Technology Co., Size of the investment was not announced. newegg hangzhao liaison interactive china international venture capital strategic investment

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AECOM Forms Investment Fund

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Los Angeles-based AECOM Technology , which provides professional, technical, and other support services to companies, reported that it has created a new $150M investment fund. has offices in both New York City and Los Angeles, and will invest in real estate and public-private projects.

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Life Technologies Invests in Synthentic Genomics

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Carlsbad-based Life Technologies said Wednesday that it has made an equity investment in Synthetic Genomics , a firm commercializing synthetic genomic advances. Terms of the investment were not announced. Synthetic Genomics develops technology for assembling synthetic genomes and DNA. Life Technologies said SGI is applying its technology to bienergy, food production, clean water, and vaccine development.

Akatsuki Lauches $50M Entertainment Investment Fund

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Japanese entertainment firm Akatsuki has launched a brand new, Los Angeles-based entertainment fund, called the Akatsuki Entertainment Technology Fund (AET Fund) , which will invest in augmented reality and other entertainment technology, the Japanese company announced on Tuesday. The new investment fund's Managing Director is Tomoya Ogawa, who is CFO of Akatsuki.

Ingram Micro Invests In Parallels

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Santa Ana-based technology distributor Ingram Micro has made an investment in cloud hosting software developer Parallels , the company said this morning, as part of a strategic deal between the companies. ingram micro parallels venture capital strategic investment cloud marketplace

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Watertower Ventures Raises $5M Investment Fund

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Los Angeles-based Watertower Ventures has raised a new, $5M investment fund, which will focus on companies in the Internet infrastructure, next-generation e-commerce, digital media, gaming, augmented reality and artificial intelligenec, and consumer Internet areas. The fund, led by longtime technology advisor Derek Norton , is backed by a long list of local LPs from the digital media, entertainment, and technology areas.

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Arrowroot Capital Aims To Raise $175M In Third Investment Fund

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Santa Monica-based Arrowroot Capital , an investment firm focused on investing growth equity in growing software-as-a-service and internet-based businesses, has launched an effort to raise $175M in its third fund, Arrowroot Capital III, LP. Safaii, has made investments in such companies as 4tell, Agilence, EiQ, Embotics, Evergage, Icix, MedNet, ServiceAide, and ZiftSolutions. arrowroot capital investment fund internet business technology saas software

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Maco.la Targets Blockchain With New Investment Fund

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Management , a new investment fund, said it its targeting the blockchain market, with a new $6M fund. The new investment fund is led by Mark Strome. According to Maco.la, it is looking to invest in enterprises seeking to optimize and accelerate their business with the use of blockchain technology. macola blockchain investment fund venture capitalLos Angeles-based Maco.la

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Life Technologies Hires Investment Bankers, Looks For Buyer

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Carlsbad-based Life Technologies said this morning that it has hired two investment banking firms, Deutsche Bank Securities Inc. However, according to a Canadian newspaper, the investment bankers are actually looking to help drum up interest in buyers for the company. Life Technologies is a developer of scientific instruments, including gene sequencing and DNA analysis instrumentation. life technologies merger acquisition lifescience equipment scientific

Report: Fidelity Writes Down Investment in Snapchat

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A report Tuesday in the Financial Times said that investment giant Fidelity has written its investment in Los Angeles-based Snapchat by 25 percent, citing data from a Morningstar report. It's unclear why Fidelity wrote down the value of its investment in the disappearing messaging service. snapchat fidelity writedown investment write down finance messaging instant disappearing unicorn

Qualcomm Invests $40M In China

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San Diego-based Qualcomm said Thursday that it has committed to investing $40M in China, investing in four different Chinese companies and one venture capital fund. Qualcomm said it invested in 7Invensun , which is developing eye-tracking products; Chukong Technologies , in the mobile entertainment area; inPlug , smart home devices; Unisound , voice recognition and processing technology; as well as investing in China Walden Venture Investments, L.P.

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2018 Hollywood Entertainment Technology Festival

SoCal Tech Calendar

Wednesday, October 3, 2018 -- 2018 Hollywood Entertainment Technology Festival. The Hollywood Entertainment Technology Festival (HETF) is an exciting international event bridging the US and China, with expert speakers and panel discussions on trends in entertainment technology, cross-border opportunities, and investments.

Adtile Technologies Raises $4.5M

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San Diego-based Adtile Technologies , a mobile ad technology company led by Nils Forsblom, has raised $4.5M fruugo finland investment capital venture advertising mobile tenfarms technologies adtile in a Series A funding. The company did not announce the names of investors in the round. The company develops interactive, mobile ads which it says use things like motion capture to make mobile ads more user friendly, meaningful, and engaging.