socalTECH

DECEMBER 15, 2021

Los Angeles-based Papaya, a fintech startup developing a mobile bill payment application, says it has raised $50M in a Series B funding. The funding was led by Bessemer Venture Partners, and also included Sequoia Capital, Acrew Capital, 01 Advisors, Mucker Capital, Fika Ventures, F-Prime, and Sound Ventures.

Mobile 113

Mobile Chief Technology Officer Idealab Los Angeles 113

socalTECH

AUGUST 25, 2021

Westlake Village-based Energy Vault, which is developing gravity-based, grid-scale energy storage systems, has raised $100M in its Series C funding round, the company announced this morning. Gekko, Crexa Capital Advisors LLC, Green Storage Solutions Venture I LLC, and Gordon Crawford.

Westlake Village 113

Westlake Village Idealab Equity Platform 113

socalTECH

OCTOBER 9, 2019

There's a new opportunity in clean technology investments, according to venture capitalist Aaron Fyke , the head of a new, Pasadena-based venture capital investment fund, Thin Line Capital (www.thinlinecapital.com). Talk about the new firm and the new fund? Our target is energy and sustainability companies.

Invest 113

Invest Capital Venture Capital Idealab 113

socalTECH

JANUARY 29, 2010

Venture capital firm First Round Capital , the early stage venture fund whose Managing Directors include Idealab's Howard Morgan , said last night that it has created its own startup exchange fund, a fund which allows the founders of the firm's various startups to diversify their investments and share in the success of the company's portfolio.

Capital 169

Capital Funding OpenX Startup 169

socalTECH

MAY 25, 2016

Santa Monica-based March Capital Partners (www.marchcp.com) has just announced a brand new, $240M venture investment fund, led by longtime venture investing veterans Jim Armstrong, Sumant Mandal, Gregory Milken and Jamie Montgomery. What is the investment focus for this fund?

Southern California 113

Southern California Capital Funding Invest 113

socalTECH

SEPTEMBER 10, 2021

Westlake Village-based gravity-based energy storage technology developer EnergyVault says it will list on the NYSE, via a merger with a special purpose acqisition company (SPAC), Novus Capital Corporation II. billion and is expected to additionally provide up to $388 million in gross cash to the company. and others.

Westlake Village 113

Westlake Village Idealab Pasadena Capital 113

socalTECH

DECEMBER 19, 2018

in a Series A funding. The funding was led by Fika Ventures and Fathom Capital, and also included Toyota AI Ventures, Ubiquity Ventures, Riot.vc, Osage University Partners, and Stage Venture Partners. The company has now raised $4.8M in total funding, including a pre-seed funding it raised in October of last year.

Idealab 133

Idealab Seed Funding Los Angeles Funding 133

socalTECH

JULY 7, 2021

Pasadena-based concentrated solar energy technology developer Heliogen, a spinout of the Idealab startup incubator, has gone public via a Special Purpose Acquisition Company (SPAC) deal, the company said on Wednesday. The company is expected to trade on the NYSE as HLGN.

Acquisition 113

Acquisition Idealab Incubator Pasadena 113

socalTECH

OCTOBER 20, 2021

Pasadena-based Carbon Capture, a new startup which says it is developing machines that remove CO2 directly from the atmosphere, has raised $35M in a Series A funding round. the funding came from Prime Movers Lab, Rio Tinto, Idealab Studio, and Marc Benioff's TIME Ventures, along with others.

Idealab 113

Idealab Pasadena Funding Startup 113

Both Sides of the Table

NOVEMBER 8, 2011

We have significant VC commitments (listed below) – every entering company will get $50,000 in funding, mentorship from top VCs and successful entrepreneurs plus free office space. For any company interested in applying please visit the website. To show these companies that they can remain in LA. For the past 2.5

Venture Capital 287

Venture Capital Funding Startup GRP Partners 287

socalTECH

OCTOBER 3, 2019

more in a Series B funding round, the company said Wednesday, in a round led by Palisades Growth Capital. According to X1, the new funding will go to hire aggressively in development and sales. The company recently has focused on cybersecurity, forensics and eDiscovery markets. READ MORE>>.

CTO Hire 124

CTO Hire Idealab Pasadena Software Development 124

socalTECH

MARCH 11, 2021

According to the company, it is offering up zero-fee, cashback banking services to customers, serving primarily Asian-Americans and immigrants in the United States. The company has coupled its banking services with cash back at stores, and donations to charitable organizations supporting the Asian-American community.

Idealab 164

Idealab Seed Funding Pasadena Organization 164

socalTECH

MAY 5, 2014

Pasadena-based UberMedia , the provider of mobile advertising technology, announced this morning that it has raised $8M in a funding round. The funding came from Gordon Crawford and Blue Chip Ventures, as well as others. The company previously had developed Twitter-focused mobile apps. READ MORE>>.

Idealab 164

Idealab Advertising Mobile Pasadena 164

socalTECH

SEPTEMBER 8, 2014

According to the startup--which is based in San Francisco--it will let participants in the process share in equity and other profits from those companies. All of those ideas have a pre-commited amount of capital from investors willing to back those ideas. ideamarket venture capital idealab marketplace' READ MORE>>.

Ideas 159

Ideas Idealab Startup Pasadena 159

socalTECH

NOVEMBER 3, 2016

Pasadena-based ObEN , an Idealab-backed startup which is developing artificial intelligence technology for creating highly realistic, virtual reality avatars, has raised $7.7M in a series A funding, the company announced this mroning. Gordon Cheng (Cameron Pace Group China), and Idealab. The company is led by Nikhil Jain.

Artificial Inteligence 100

Artificial Inteligence Idealab Entertainment Pasadena 100

socalTECH

FEBRUARY 10, 2015

in a Series A funding round. The funding was led by Alsop Louie Partners, and also included Arden Road Investments, Biotechonomy, Dolby Family Ventures, First Round Capital, Idealab and frogVentures. New Matter said the funding will go towards accelerating product development efforts. READ MORE>>.

Idealab 100

Idealab Pasadena Venture Capital Design 100

socalTECH

SEPTEMBER 18, 2014

Venice, California-based Bitcoin startup Gem has raised $2M, to make Bitcoin easier to use for developers, the company said this week. The funding was co-led by First Round''s Howard Morgan and Jai Choi, of Tekton Ventures. The company was previously known as BitVault. Gem is led by Micah Winkelspecht. READ MORE>>.

Idealab 180

Idealab Seed Funding Venice Venture Capital 180

socalTECH

MAY 29, 2013

Pasadena-based X1 Discovery , the developer of enterprise e-discovery and search tools, has some new funding in hand, and has been ramping its efforts in the market. No other details of the investor backing were announced by the company. X1 Discovery is one of the companies out of Idealab. READ MORE>>.

Idealab 147

Idealab Tool Pasadena Venture Capital 147

socalTECH

APRIL 21, 2014

Los Angeles-based Enplug , a company that develops digital displays which display real time, social media from Twittter, Facebook, Yelp, and elsewhere at retail locations, has raised $2.5M in a seed funding round. facebook twitter hardware digital display retailer retail social capital venture enplug' READ MORE>>.

Idealab 157

Idealab Seed Funding Social Media Los Angeles 157

socalTECH

MAY 26, 2009

Pasadena-based X1 Technologies , a developer of desktop search software, announced today that the firm has raised new funding from backer Idealab, plus made a few executive changes. Size of the new investment round in the firm was not disclosed by the company. Venture Partner re-upped in the new funding round.

Idealab 100

Idealab Technology Funding Pasadena 100

socalTECH

MARCH 31, 2010

in an equity funding round, according to a filing from the firm today. Source of the new funding was not disclosed, however, the firm has previously raised funding from Esenjay Investments, Google, Idealab, The Beall Family Trust, and The Simons Family. Details on the funding have not yet been announced by the company.

Idealab 176

Idealab Google Equity Venture Capital 176

Tech Zulu Event

JANUARY 20, 2012

We have been holding off on this announcement for quite a bit and now we can officially announce Bill Gross of Idealab as our SuperDemo presenter. Bill Gross founded Idealab in March 1996 and serves as the company’s Chairman of the Board and Chief Executive Officer. Still Time to Submit Your Company!

Idealab 84

Idealab Tech Coast Angels CalTech Startup 84

Both Sides of the Table

APRIL 15, 2010

I was on This Week in Venture Capital (TWiVC) again this week with Jason Calacanis. It was the first company to do “paid search&# back when Larry & Sergey were saying they would never do it. Especially when he’s surrounded by Danny Rimer (who funded Skype, MySQL, Last.FM PLUS RELATED FUNDING ….

Venture Capital 271

Venture Capital Capital Google Platform 271

socalTECH

MARCH 2, 2010

in a funding round, according to a recent regulatory filing by the firm. No details on the funding have been announced by the company. According to the filing, funding included new backer Mayfield Fund, along with prior investors Idealab, Rustic Canyon Partners, and Trinity Ventures and others. READ MORE>>.

Rustic Canyon 145

Rustic Canyon Marketing Idealab Pasadena 145

Both Sides of the Table

DECEMBER 14, 2014

I had witnessed a number of early-stage tech startups in LA raise seed capital from the Bay Area and relocate. and I thought if we brought the community together for common purpose we could create more of a sense of community to help new entrepreneurs get funded, assemble teams, raise profiles and help with biz dev, product, etc.

Venture Capital 290

Venture Capital Startup Idealab Funding 290

Tech Zulu Event

SEPTEMBER 27, 2011

The Spotlight: LA Tech Fall is garnering some excellent companies being submitted and most of which I wish could all be part of this amazing night. He has contributed to the success of dozens of companies, including the funding and strategic acquisitions of Movoxx, Tsavo and People Media. Still Time to Submit Your Company!

Tech Coast Angels 96

Tech Coast Angels Idealab Angel Startup 96

Tech Zulu Event

JUNE 17, 2011

Excellent companies being submitted and most of which I wish could all be part of this amazing night. He is also an active investor with stakes in companies like Hipmunk, GroupMe, Facebook, Zynga (acquisition stock), and SV Angels. Alex Maleki , Member of New Venture Group at Idealab. Still Time to Submit Your Company!

Tech Coast Angels 100

Tech Coast Angels Idealab Angel Design 100

socalTECH

JANUARY 31, 2013

in a seed funding round, and set up its U.S. The UK-based company did not disclose the source of the funding. Glow said the funding will specifically go towards opening up a new, regional headquarters in Los Angeles, headed up by David Wamsley, who formerly founded GravityEight, campsix, and Adauction.com. READ MORE>>.

Media 150

Media Idealab OpenX Seed Funding 150

socalTECH

JANUARY 18, 2011

Pasadena-based Perfect Market , which provides tools for publishers to better create value from their content, is announcing today that it has raised $9M in a new funding round. The round was led by Comcast Interactive Capital, and also included Idealab, Rustic Canyon Partners, Tribune Company, and Trinity Ventures.

Rustic Canyon 147

Rustic Canyon Marketing Idealab Social Media 147

socalTECH

JUNE 19, 2012

Los Angeles-based HypeMarks , the developer of a service which helps users find new places to explore on the web, has raised $350,000 in a funding round, socalTECH has learned. According to Tim Sae Koo, the firm's founder, the funding came from Idealab, with Allen Morgan of Idealab joining the company's board.

Idealab 124

Idealab SoCalTech USC Class 124

socalTECH

MARCH 27, 2013

Idealab-based solar energy startup eSolar has just raised $12.8M in a new funding, part of an ongoing $30M funding for the company, according to a regulatory filing by the firm. The funding--which included at least two prior investors, including Oak Investment Partners--is still in progress.

Burbank 178

Burbank Idealab Technical Review Competition 178

socalTECH

AUGUST 16, 2017

The company has already released an iOS version of its software. Kraft is currently serving as interim CEO; he helped co-found Pandora, before moving to Southern California, where he's been involved with such local companies as Idealab, Thrively, UberMedia, BigStage, and many other companies, as either a co-founder or investor.

Southern California 113

Southern California Idealab Los Angeles Activity 113

socalTECH

NOVEMBER 7, 2016

Nikhil told us a bit about the startup,which was spawned out of Idealab, and recently raised a round of funding from CrestValue Capital, Cybernaut Westlake Partners, Leaguer Venture Investment Co., Gordon Cheng (Cameron Pace Group China), and Idealab. How did you come up with the idea for the company?

Idealab 173

Idealab Artificial Inteligence Startup Ideas 173

socalTECH

FEBRUARY 3, 2010

Tags: capital venture mashup data google semantics applied factual.

Rustic Canyon 150

Rustic Canyon Miramar Santa Monica Google 150

TechCrunch LA

DECEMBER 19, 2018

million in seed funding to begin building a manufacturing facility and expand its presence in Los Angeles as the city continues to grow as a hub for robotics and automation. . That was around 2017, when the two first began brainstorming how they would build their company. Elementary Robotics has raised $3.6

Los Angeles 207

Los Angeles Angel Artificial Inteligence CalTech 207

socalTECH

MARCH 8, 2012

Pasadena-based Triptrotting , which operates an online service to help connect travelers with local hosts, has raised $1M in a Series A funding, the firm said this morning.The funding came from Google Ventures, Mark Suster, 500 Startups, WI Harper, Bill Gross of Idealab, Safa Raschtchy, and Eric Chen.

Idealab 140

Idealab Pasadena Google Funding 140

socalTECH

MARCH 3, 2010

Altadena-based Perfect Market , which is developing technology to help publishers monetize their long tail content, confirmed today that it has raised $6M in a Series C funding round. The firm said the round was led by Tribune Company, and also included Trinity Ventures, Rustic Canyon Partners, and Idealab. READ MORE>>.

Rustic Canyon 133

Rustic Canyon Marketing Altadena Idealab 133