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Independa Raises $1.6M

socalTECH

in a seed funding round, the firm said today. The funding came from Miramar Venture Partners and CityHill Ventures. The funding will go towards development of its product line, distribution, and go-to-market and pilot programs. The firm also said it has received $200,000 in debt from Silicon Valley Bank.

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How Frost Venture Partners Is Incubating The Big Data Future

socalTECH

There's not many people on the market with those skills. What we'll then do, is we'll take that idea, and do lots of market validation. Without spending a lot of money on it, our small team here does market validation on the new idea. It's a very lean-startup oriented process. Also, we have a lot of corporate investors.

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