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Fast growing, Los Angeles-based mobile games and entertainment developer Scopely is in a big expansion, and has agreed to lease another 60,000 square feet of office space in CulverCity, according to the company's broker, CBRE. READ MORE>>.
Now the city’s enterprise tech scene can claim a really big winner with Signal Sciences , the security monitoring and management company that is getting bought by Fastly , a provider of content delivery networking services, for $775 million. Fastly was founded to meet developers’ need for greater visibility and control.
FactoryFour , a startup which developing software to enable custom production of industrial goods, has raised $5M in a Series A funding, and set up shop in CulverCity. The startup's Series A funding was led by August Capital, and also included existing investor Refactor Capital.
The latest venture capital totals from the PricewaterhouseCoopers/National Venture Capital Association''s MoneyTree Report was released this evening, tallying up $761.12M in investments in Q2 of 2014 in Southern California, up from Q2 of 2013, when $616.83M was invested in the region. Image courtesy Bigstock. READ MORE>>.
NextSpace , the co-working space developer which has locations in CulverCity and Venice, announced this morning that it has raised $825,000 more in a funding round, to go towards expansion in Northern California.
CulverCity-based NXTM , a company developing social media and e-commerce tools for the music industry, has raised funding, according to lead investor Spring Mountain Capital. Spring Mountain Capital said it now holds two seats on the board of NXTM. The funding will go towards funding growth and development.
CulverCity- and Seattle-based Indi Molecular , a startup developing a synthetic replacement for antibodies, has raised $1.5M indi molecular venture capital diagnostics medical lifescience protein' in a seed funding round. The funding was led by InterWest Partners, and also included a number of un-named angel investors.
CulverCity-based Indi Molecular , a developer of synthetic replacements for antibodies, announced Tuesday that it has raised $300,000 more in its seed funding, bringing the total raised in the round to $1.8M. lifescience capital venture startup biology synthetic molecular indi indidx' READ MORE>>.
CulverCity-based Eccentex , a developer of a software-as-a-service, enterprise business process management product, has raised $7.5M The funding came from VTB Capital. in an equity funding. Eccentex, which is led by Glen E.
CulverCity-based Fonality , which develops business phone systems based on open source software, is claiming today that it has seen "rapid growth" in the first half of the year, and has doubled its customer sales compared to the prior year. Actual financials from the privately held firm were not disclosed. READ MORE>>.
CulverCity-based molecular imaging products maker Sofie Biosciences said Tuesday that it has raised $5M in a Series A funding round. The funding was led by Tata Industries, and also included MRM Capital and the Cycad Group. sofie biosciences venture capital lifescience molecular diagnostics positron' READ MORE>>.
CulverCity-based Fonality , which develops business phone systems based on open source software, is claiming today that it has seen "rapid growth" in the first half of the year, and has doubled its customer sales compared to the prior year. Actual financials from the privately held firm were not disclosed. READ MORE>>.
CulverCity-based Fourth Wall Studios , a firm developing massively multiplayer online games in the virtual reality area, has raised $15M in funding, the firm said Tuesday. The funding comes from LA biotech billionaire Patrick Soon-Shiong.
CulverCity-based Card Scanning Solutions (CSSN), said today that it has raised a round of equity funding, from Insight Venture Partners, Red Oak Growth Partners, and Egis Capital Partners. The company said the funding will go towards product development efforts. Size of the funding round was not announced by the company.
CulverCity-based MiTu , the Latino media brand and multi-channel network (MCN) which recently scored $10M from such investors as upfront Ventures, The Chernin Group, Allen DeBevoise, and Advancit Capital, has hired a trio of executives to bolster its team. MiTu is led by Roy Burstin. READ MORE>>.
CulverCity-based Fonality , a developer of Voice-over-IP, business PBX phone software, said late last week that it served its one-billionth cloud-based call recently, and had "record sales" during Q4. Fonality is backed by Draper Fisher Jurvetson, Intel Capital, and Azure Capital Partners, and is headed by Chris Lyman.
CulverCity-based Sofie Biosciences has scored a $1.5M, Phase II SBIR award for its Positron Emission Tomography (PET) imaging technology, the company said Thursday. The company--which is developing PET probes, scanners, and chemistry systems, said the contract will support further development of its products.
CulverCity-based MiTu , a developer of digital content for the Latino market, said today that it has raised $10M in a Series B funding round. The company''s other investors included The Chernin Group LLC (TCG), Allen DeBevoise (Machinima) and Advancit Capital. mitu latino content venture capital hollywood'
CulverCity-based Maker Studios , which develops YouTube channels and content, said today that it has raised $36M in a funding round. The investment was led by Time Warner Investments, and also included Greycroft Partners, Downey Ventures (Robert Downey, Jr.) Elisabeth Murdoch, M+C (Jon Miller, Jimmy Yaffe of News Corp.),
CulverCity-based ALL DEF DIGITAL , a startup which says it will be delivering comedy, music, news, poetry and innovative artistry to consumers, has raised $5M in a funding round, the company said late Wednesday. add52 youtube video music capital venture hollywood content alldefdigital' READ MORE>>.
NTS said that iControl Networks has selected the company to operate its iControl OpenHome Partner Program Test Facility, which will be based at the NTS Advanced Technology lab in CulverCity. NTS said it will be responsible for all of the execution of testing plans for iControl''s certification program ZigBee-enabled devices.
Exact investments in Ortiva, a developer of mobile video management and optimization products, and PBX software maker Fonality, were not announced by Intel. Fonality is based in CulverCity. Tags: ortiva wireless fonality intel venture capital. in a $10M funding effort.
Getaround , the developer of a peer-to-peer car sharing service, said it has officially launched in the greater Los Angeles area. As part of the expansion to Los Angeles, Getaround has opened up an office in CulverCity, where it says it already has hired over a dozen full time and part time employees for the company.
CulverCity-based Cognition Technologies , the developer of natural language processing technology software, has raised $200,000, as part of an ongoing $500,000 funding round, according to a recent regulatory filing by the firm. No details on the funding have been announced. Source of the new funding was not disclosed.
Los Angeles-based Prime Focus Technologies , a developer of ERP software for the media industry, says it has received its first round of funding from private equity investor Ambit Pragma. The company has a significant presence in India, with headquarters here in CulverCity. Size of the investment was not announced.
CulverCity-based Indi Molecular , a developer of protein catalyzed capture agent (PCC) biotechnology being aimed in research tools, diagnostic agents, and PET imaging, has raised $11.5M Andreas Jurgeit from Merck Ventures and Dr. Darren Cai from Legend Capital will join the company's board with the funding.
Cognition Therapeutics is developing novel, small molecule disease-modifying treatments for Alzheimer's. Other investors in the round included The Breedlove Limited Family Partnership and TMC Investment Company, Ogden CAP Associates, M5Invest, the Pittsburgh Life Sciences Greenhouse and Innovation Works.
CulverCity-based Parallel Systems, a startup developing autonomous train and transportation technology, said today that it has raised $49.55M in a Series A funding round. The funding was led by Anthos Capital, and also included Congruent Ventures, Riot Ventures and Embark Ventures. The company is led by CEO Matt Soule.
CulverCity-based Sofie Biosciences , a firm developing agents and devices for molecular imaging, said today that it has raised $2M in funding. The round came from Cycad Group and other investors. Sofie Biosciences technology is being applied to new imaging agents for PET.
CulverCity-based Signal Sciences , which develops web application security firewalls, is announcing this morning that it has raised $35M in a Series C funding round. The funding was led by Lead Edge Capital, and also included CRV, Index Ventures, Harrison Metal and OATV. Signal Sciences is led by CEO Andrew Peterson.
CulverCity-based Ordermark , which develops software to help restaurants manage the orders and headache of having to deal with multiple, disparate, mobile delivery services, has raised $18M in a Series B funding, the company announced on Monday morning.
Factual is the latest startup of Gil Elbaz, who co-founded Applied Semantics, the firm which developed Google's AdSense product. Factual provides an online data platform and API which allows developers to access, modify, and collaborate on datasets. The firm currently hosts information such as data on businesses and other information.
CulverCity-based Praedicat , a spinout of the RAND Corporation, has raised $8.0M earlier this month, will provide provide consulting services and software to the property and casualty insurance industries, including developing tools and technology for the liability insurance industry. READ MORE>>.
CulverCity-based Replicated, a developer of a container-based platform which makes it easier for software vendors to deploy cloud native applications inside customers' environments, has raised $50M in its Series C funding, the company said Tuesday.
CulverCity-based Talespin , a developer of virtual reality technology, has raised $15M in a Series B funding round, the company said this morning. Talespin develops virtual reality software used for employee training and other efforts.
CulverCity-based Encantos , a developer of family entertainment and education titles, has raised $2M in a seed funding round, the company announced this morning.
CulverCity-based Survios , a developer of virtual reality game titles, said this week that it has raised $50M in a Series C funding. The funding was led by MGM, and also included prior investors Lux Capital, Shasta Ventures, Danhua Capital, Shanda Holdings, Felicis Ventures and Dentsu Ventures.
CulverCity-based Openpath , a new startup founded by Alex Kazerani and James Segil, the founders of Edgecast, has raised $7M in a seed funding round, the company disclosed today. The funding came from Upfront Ventures, Sorenson Ventures, Bonfire Ventures, Pritzker Group Venture Capital and Fika Ventures.
CulverCity-based Loosie , a startup developing loyalty and rewards software for mobile apps, said this morning that it has raised $3.5M The funding came from tim Kendall (Pinterest, Facebook), Michael Liou (Anvil Capital), Anthony Saleh, and Brad Schwartz (SLP Ventures). in a seed funding round. READ MORE>>.
CulverCity-based Fonality , a developer of commercial PBX phone systems based on open source software, is trumpeting "strong financial results" today, claiming that it was cash flow positive in March and has seen a 102 percent annual growth rate. The firm did not, however, disclose actual financials or details on its growth.
CulverCity-based Pocketwatch , a startup media brand focused on creating and acquiring content for kids, has raised $6M in a Series A funding round. The company will use the funding to build out media channels on YouTube and elsewhere, plus develop its own franchises and attract "creator partners". READ MORE>>.
Harper Wilde was founded by Jenna Kerner and Jane Fisher, and has its offices in CulverCity. Harper Wilde develops "no frill" everyday bras, offering up free in-home try-ons and free returns. Los Angeles-based Harper Wilde , an online bra startup, has raised $2M in a seed funding round, the company said this week.
We currently have over 60 flavors that we’ve developed over the past couple of years.”. Now armed with this cash infusion, the company is putting down roots in permanent locations in Santa Monica and Larchmont later this year that complement a roaming food truck in CulverCity. The fun part?
Internally, we look very similar to a tech company, in that we have a development team, go-to-market team, and product people, and the ultimate goal of what we want to accomplish is to create companies that can run independently, with their own management teams. Explain exactly how Zuma Ventures works?
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