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Groups Join To Promote Innovation, Entrepreneurship in Riverside County

socalTECH

A trio of local groups have teamed together to promote innovation and entrepreneurship in Riverside County, and received approval Tuesday from the Riverside County Supervisors for the effort. The groups have not outlined their agenda for the effort yet.

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Massage-on-demand company, Soothe, raises $31 million

TechCrunch LA

The Series C round from late stage and growth capital investment firm, The Riverside Company , caps a busy first quarter for the massage service. It also relocated from Los Angeles to Las Vegas; named a new chief executive; and announced new geographies where its massage booking platform is now available. .

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Rustic Canyon Backs Social Shopping Site

socalTECH

Los Angeles-based venture capital firm Rustic Canyon is the lead investor in a round of funding from a social shopping site out of Y Combinator. The round came from new investor Rustic Canyon Partners, and also included prior investors Blumberg Capital and Redpoint Ventures. in a Series A round.

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Wilcon Buys Freedom Dark Fiber Networks

socalTECH

Los Angeles-based fiber optic and data center infrastructure provider Wilcon announced today that it has acquired dark fiber provider Freedom Dark Fiber Networks. Wilcon said it was supported in the deal by Pamlico Capital; financial details of that backing was also not announced. Financial terms of the acquisition were not announced.

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Soothe Scores $10.6M For On Demand Massage Service

socalTECH

Los Angeles-based Soothe has raised $10.6M The funding was led by The Riverside Company. Soothe currently lets customers in the Los Angeles and a few other areas book a massage from a network of independent massage therapists. for an on-demand, massage service, the company said this week. The startup is led by Merlin Kauffman.

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Water Planet Raises Series B Funding

socalTECH

Los Angeles-based Water Planet , which develops water treatment membranes, said today that it has raised a new, Series B funding round. Water Planet said the investment came from Air Liquide's ALIAD Corporate Venture fund, Bluestem Capital and UCLA Venture Fund. Size of the funding was not disclosed.

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Soothe Scores $31M For On Demand Massages, But Moves To Vegas

socalTECH

Soothe , which provides on-demand access to certified massage therapists, has raised $31M in a new funding, the company said on Wednesday, but has shifted its headquarters out of Los Angeles and moved to Las Vegas. According to the company, the funding came from The Riverside Company.

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