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Tesla Motors Bypasses Downey In Deal With Toyota

socalTECH

In a loss for Southern California's burgeoning electric car industry, Tesla Motors said Thursday evening that it has selected not Downey or Long Beach, but instead, Silicon Valley city Fremont as the location of its manufacturing facility for its Model S sedans. READ MORE>>.

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Epoxy Gets $6.5M For Social Video Tools

socalTECH

According to the company, the investment came from Upfront Ventures and Time Warner Investments, along with prior investors, Bertelsmann Digital Media Investments, Advancit Capital, Greycroft Partners and Robert Downey Jr.''s s Downey Ventures. Epoxy is led by Juan Bruce. READ MORE>>.

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How I Got the Monkey Off My Back – Today Was a Good Day

Both Sides of the Table

As a result I didn’t write my first venture capital check until March 2009 – exactly 5 years ago. At the time I pointed out: “If I had realized exits almost certainly it would be because I invested in a company that failed. “I think the best VCs help drive exits alongside their entrepreneurs.

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Maker Studios Raises $26M More

socalTECH

According to the company, the new round was led by Time Warner Investments, along with Canal+, Astor, Singtel Innov8, Upfront Ventures, Greycroft Partners, and Downey Ventures. The new investment comes only a week after Maker announced it was buying Blip. READ MORE>>.

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Connectifier Acquired By LinkedIn

socalTECH

in funding from such investors as Galeo Ventures, Goldcrest Investments, Okapi Venture Capital, and True Ventures. Connectifier's angel investors also included Sean Ellis, Andrew Chen, Jonathan Downey, and James Hong.

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Loot Crate Raises $18.5M, Tops $100M In Sales

SoCal Tech Calendar

The funding was led by Upfront Ventures, and also included Breakwater Investment Management, Time Inc., Downey Ventures, M13, and SterlingVC. Los Angeles-based Loot Crate announced this morning that it has raised $18.5M

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Epoxy Tunes Into $2M to Enable YouTube, Video Publishing

socalTECH

Other investors in the funding include Greycroft Partners , Bertelsmann Digital Media Investments , Advancit Capital, Allen DeBevoise, Ynon Kreiz , among others. According to Epoxy, the new funding will go to expand its engineering team and build out its products.