WizRocket Conjures Up $8M

socalTECH

Walnut, California-based WizRocket , a developer of mobile ad technology which helps companies better profile and target customers, has raised $8M in a funding round. Walnut is in eastern Los Angeles County. The funding came from Sequoia Capital and Accel Partners. The funding comes on top of an earlier, unannounced $1.6M seed funding from Accel. WizRocket said Sequoia's Mohit Bhatnagar led the investment. READ MORE>>. wizrocket mobile targeting technology venture capital

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Drinks Holdings Raises $15M

L.A. Business Journal

with Walnut-based Shea Ventures and Stable Road Capital Advisors Inc. Glendale-based Drinks Holdings Inc., a patented e-commerce platform for wine aficionados, raised $15 million in a Series B capital round led by Beverly Pacific Holdings Inc., in Venice in the mix on the institutional side

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Adesso Expands Line Of KODAK Peripherals

socalTECH

Walnut, California-based Adesso , which manufactures computer peripherals, says it is rolling out a line of products with the KODAK brand on it, including new education and office peripherals for the PC and Mac platforms.

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Zarget Gets $6M For A/B Testing Tools

socalTECH

Walnut, California-based Zarget , a developer of A/B testing tools for marketing automation, has raised $6M in a Series A funding round, according to the company. Walnut is a suburb of Los Angeles, just east of Los Angeles and North of Anaheim. The funding was led by Sequoia India, and also included Accel and Matrix Partners. Zarget's software is aimed at small businesses, helping them to optimize their web pages based on marketing performance.

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Collectly Hunts Down $1.9M For Medical Debt Recovery Service

socalTECH

Walnut, California-based Collectly , a debt collection service which tracks down patients owing overdue medical bills, has raised $1.9M in a funding, the company said last week. The LA area company, led by CEO Levon Brutyan, said the funding came from GoAhead Ventures, and also included Lightspeed Venture Partners, Index Ventures, WTI, IT-Farm, Cabra.vc, Granatus Ventures, HIVE and OnWave Ventures. READ MORE>>. collectly debt collection medical collector venture capital finance fintech

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SPOTLITE Launches Singing Competition App

socalTECH

The company's offices in Los Angeles are listed in Walnut. Los Angeles- and Beijing-based SPOTLITE says it has launched a new, mobile app, which lets music fans sing original music, cover, or karaoke songs to win money. Spotlite said its executives come from such companies as Google Music, Yahoo! Music, Microsoft, Atom Factory, and Warner/Chappell, and that its development and tech teams are in Beijing, with marketing, A&R, and business development based in Los Angeles.

eHarmony Heads To Santa Monica

socalTECH

eHarmony has been in its current Pasadena location on Walnut street for the last five years. Pasadena-based online dating site eHarmony is moving its headquarters from Pasadena to Santa Monica, according to reports from local community papers. eHarmony is reported to be moving to a space in the Yahoo! Center, taking with it 250 employees to the new location. No date for the move was given. READ MORE>>.

Shea Ventures Gets Exit At Quickoffice

socalTECH

It looks like the venture capital business is doing a lot better than the home building industry for Walnut-based J.F. Shea's headquarters are in Walnut, California, just East of Los Angles. The homebuilder, which also runs a venture capital arm call Shea Ventures , just scored an exit from one of its portfolio firms, mobile app maker Quickoffice. Quickoffice was just acquired by technology giant Google , undoubtedly to bolster Google's mobile application chops.

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YapStone Gets $60M In Debt Funding

socalTECH

The company''s main headquarters are in Walnut Creek. YapStone , which develops web and mobile payment technology, and also maintains an office at ROC in Santa Monica, has closed on $60M in debt financing, the company said this week. The funding was split between $40M in a senior credit facility from Comerica Bank, and $20M in subordinated debt from Bregal Sagemount. Terms on the two debt facilities were not announced.

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Guesty Gets $3M

socalTECH

Walnut, California-based Guesty , which develops software for professional property managers, says it has raised $3M in a Series A funding. According to Guesty, the round was led by Buran Venture Capital, and also included Magma Venture Partners and AltaIR Capital.

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ParkMe Enhances Android App, Adds On-Street Parking

socalTECH

The Santa Monica-based startup said that on-street parking information is available in San Francisco, Austin, Los Angeles, Santa Monica, Manchester and Walnut Creek, providing real-time parking data about on-street parking locations.

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Claremont Technology Group

SoCal Tech Calendar

Join us for a very casual free networking group for technology entrepreneurs, industry professionals, and executives who live or work near Claremont, Pomona, City of Industry, Diamond Bar, Walnut, San Gabriel Valley, Foothill communities, Northern Orange County, and the Inland Empire. Monday, February 22, 2010 -- Claremont Technology Group Happy Hour.

Apex Digital Files For Chapter 11

socalTECH

Walnut-based Apex Digital , a manufacturer of televisions, Blue-Ray and DVD players, set-top boxes, and other electronics products, said Tuesday afternoon that it has filed for Chapter 11 Bankruptcy. According to the firm, it will use the restructuring to grow in a "new direction" focused on green energy lighting.

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SoCal Investor Benefits From Fabrinet IPO

socalTECH

According to Fabrinet's S-1, one of the major shareholders of the firm is actually Walnut, California-based Shea Ventures , a venture capital firm attached to home builder and construction firm J.F. Shea's Southern California headquarters in Walnut--apparently invests in early stage investments in the computer software, semiconductors, biotechnology and medical devices area, according to the J.F.

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ParkMe For Android Launches Real-time Data For On-street Parking Complete With On-street Spaces & Metered Parking

Tech Zulu Event

Starting from San Francisco, Austin, Los Angeles, Santa Monica, Manchester and Walnut Creek , drivers will enjoy real-time parking data and see where all the on-street parking is in their city and get up-to-the-minute data on metered spaces.

Local Hardware Companies Out In Force At CES

socalTECH

and Gigabit DOCSIS products, and more; Irvine-based Vizio announced new HDTVs, smartphones, tablets, and Windows 8 PCs; and Viewsonic , based in Walnut, showed off its new high resolution touch displays. Who says that Southern California's high tech industry is all about Hollywood and e-commerce?

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REACH NeXT Alumni Gets Into 500 Startups! | Batch 15 Announced

Tech Zulu Event

From: Walnut, CA. 500 Startups officially announced their Batch 15. Among them is one of our very own REACH NeXT alumni Mahmee ! We were stoked when we partnered with 500 startup for REACH NeXT and now are over the moon that they selected one of our winners.