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Moonshots Capital Leads $2.1 Million Backtracks Seed Round

L.A. Business Journal

million seed round led by Marina del Rey-based venture capital firm Moonshots Capital. Podcast analytics software developer Backtracks Inc. announced May 30 it raised a $2.1

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Lucidity Announces $5 Million Funding Round

L.A. Business Journal

Marina del Rey advertising blockchain firm Lucidity (an affiliate of KR8OS Inc.) 15 it completed a funding round of $5 million in total, comprised of investments from six venture capital firms. announced Aug.

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LeaseLock Lands $52M In Series B

socalTECH

Marina Del Rey-based LeaseLock, which is developing artificial intelligence technology and lease insurance products to eliminate the need for security deposits, has raised $52M in its Series B funding round, the company announced this morning.

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The Riveter Takes $15M To Expand Beyond Los Angeles, Seattle

socalTECH

Female co-working space operator The Riveter --which operates coworking space both in West Los Angeles and Marina Del Rey--said this week that it has raise $15M in a Series A funding round.

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Southern California Companies Raise $2.49 Billion In VC In Q2

socalTECH

billion in venture capital in Q2 of 2016, according to the latest numbers from the MoneyTree Report from PricewaterhouseCoopers, the National Venture Capital Association, and Thomson Reuters. Southern California companies raised $2.49 billion round for Venice based Snapchat.

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Amazon Alexa Fund Backs USC Viterbi Startup Garage

socalTECH

The program will be held at the USC Viterbi Startup Garage in Marina Del Rey, starting in October. Financial details of the investment by the Amazon Alexa Fund were not announced. According to USC, the application deadline for its new cohort is September 15th. READ MORE>>.

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CREXi Collects $11M For Commercial Real Estate Technology

socalTECH

Marina Del Rey-based CREXi , which is developing a technology platform aimed at the commercial real estate industry, has raised $11M in a Series A funding, the company said on Monday. CREXi operates an online marketplace for commercial real estate, connecting buyers, sellers, and brokers.