OpenDrives Raises $20 Million to Grow Data Storage Business
L.A. Business Journal
JANUARY 21, 2021
Culver City-based company OpenDrives Inc. has raised $20 million in a Series B funding round led by IAG Capital Partners.
Capital Culver City Funding 
FactoryFour Raises $5M in Venture Capital Funding
L.A. Business Journal
OCTOBER 18, 2018
Manufacturing software maker FactoryFour, which recently opened a new Culver City office, received a $5 million round of funding led by Menlo Park, Calif.-based based venture capital firm August Capital, with participation from Refactor Capital.
Venture Capital 
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FactoryFour Finds $5M, Sets Up Shop In Culver City
socalTECH
DECEMBER 5, 2018
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 Culver City. The startup's Series A funding was led by August Capital, and also included existing investor Refactor Capital.
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NXTM Finds Funding
socalTECH
APRIL 8, 2011
Culver City-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. Size of the funding round was not disclosed. Spring Mountain Capital said it now holds two seats on the board of NXTM.
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Jukin Media Gets Strategic Funding
socalTECH
MAY 13, 2014
Los Angeles-based viral video company Jukin Media has raised a strategic funding round, for that company''s video entertainment network on YouTube, according to the company. The company says it has more than 40 employees in Culver City. The company said the funds will go towards bolstering its technology and infrastructure.
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Indi Molecular Picks Up $300K More In $1.8M Seed Funding
socalTECH
DECEMBER 10, 2013
Culver City-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. The new funding was led by InterWest Partners, and also included several un-named, angel investors. READ MORE>>.
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Founders of Sony's Crackle Start Venture Fund
socalTECH
SEPTEMBER 12, 2011
The founders of Crackle , the online streaming video and movie site owned by Culver City-based Sony Pictures Entertainment , have announced a new venture capital fund.
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Card Scanning Solutions Finds Funding
socalTECH
JUNE 19, 2013
Culver City-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. Size of the funding round was not announced by the company. Card Scanning Solutions is led by Yossi Zekri. Sokoloff & Co.
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NextSpace Gets 825K
socalTECH
JANUARY 17, 2013
NextSpace , the co-working space developer which has locations in Culver City and Venice, announced this morning that it has raised $825,000 more in a funding round, to go towards expansion in Northern California.
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Good Eggs Gets Funding For Grocery Delivery In LA
socalTECH
OCTOBER 3, 2013
in a funding round from Sequoia Capital, the company said Thursday. The Bay Area startup said the funding was led by Sequoia Capital, and also included Harrison Metal, Baseline Ventures, Collaborative Fund, Kapor Capital, along with angels. READ MORE>>.
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TCA Funds Cognition Therapeutics
socalTECH
JANUARY 20, 2011
The Tech Coast Angels , the largest angel investment group in Southern California, is part of a syndicate funding Pittsburgh-based Cognition Therapeutics , a drug discovery firm focused on Alzheimer's. in a Series A funding, led by Golden Seeds and including the Tech Coast Angels. According to Cognition, it raised $2.5M
Southern California Startups Raise $761.12M in Q2 2014
socalTECH
JULY 17, 2014
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>>.
Maker Studios Raises $26M More
socalTECH
SEPTEMBER 12, 2013
Culver City-based Maker Studios confirmed today that it has raised $26M in additional funding in its Series C funding. maker studios venture capital content youtube network hollywood time warner' The second tranche in its Series C brings the amount raised in that round to $62M. READ MORE>>.
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ThinkNear Gets $1.6M For Location-based, Mobile Ads
socalTECH
JULY 26, 2011
Culver City-based ThinkNear , a new startup focused on helping local merchants reach consumers with mobile, location-based ads, said today that it has raised $1.6M in a seed funding round.
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OpenDrives Raises $20 Million to Grow Data Storage Business
L.A. Business Journal
JANUARY 21, 2021
Culver City-based company Open Drives Inc. has raised $20 million in a Series B funding round led by IAG Capital Partners.
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Indi Molecular Raises $1.5M For Antibody Startup
socalTECH
SEPTEMBER 23, 2013
Culver City- and Seattle-based Indi Molecular , a startup developing a synthetic replacement for antibodies, has raised $1.5M in a seed funding round. The funding was led by InterWest Partners, and also included a number of un-named angel investors. indi molecular venture capital diagnostics medical lifescience protein'
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Fullscreen Grabs $30M More For YouTube Network
socalTECH
APRIL 5, 2013
Culver City-based Fullscreen , which operates a multi-channel youTube network, and is led by George Strompolos (formerly of YouTube/Google), has raised $30M in a new round of funding, according to reports today. The funding round reportedly values the company at $110M pre-money. READ MORE>>.
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Eccentex Raises $7.5M
socalTECH
MARCH 7, 2012
Culver City-based Eccentex , a developer of a software-as-a-service, enterprise business process management product, has raised $7.5M in an equity funding. The funding came from VTB Capital. Eccentex, which is led by Glen E.
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Sofie Biosciences Lands $5M In Series A
socalTECH
OCTOBER 15, 2013
Culver City-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. The new funding comes on top of a SBIR grant the company announced earlier this month.
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147 Media Temple Raises $15M
socalTECH
APRIL 21, 2010
Culver City-based Media Temple , an online web hosting firm, said today that it has raised $15M in a new round of funding from Triangle Capital. The firm's clients include such companies as Sony, Toyota, NBC Universal, and TechCrunch, which reported the funding. Media Temple is headed by Demian Sellfors.
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140 Fourth Wall Studios Gets $15M
socalTECH
MARCH 9, 2011
Culver City-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.
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PacketFabric Picks Up $25M For Terabit Scale Network
socalTECH
JANUARY 22, 2018
Culver City-based PacketFabric , a startup working on connecting major, carrier-neutral colocation facilities with terabit-scale network technology, has raised $25M in a Series B funding, according to the company. According to PacketFabric, it now has a presence at more than 150 Points of Presence (PoPs) in 17 metro markets.
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170 Privlo Gets $350M In Debt For Technology Driven Mortgage Loans
socalTECH
JULY 31, 2014
The equity funding came from Spark Capital and QED Investors; source of the debt funding was not announced. The company is in the midst of moving from Culver City to Pasadena. privlo mortgage loan venture capital equity realestate marketplace online' The company is led by Michael Slavin. READ MORE>>.
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MiTu Gets $10M For Latino Content
socalTECH
JUNE 19, 2014
Culver City-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 new funding was led by Upfront Ventures. The company''s other investors included The Chernin Group LLC (TCG), Allen DeBevoise (Machinima) and Advancit Capital.
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Maker Studios Lands $36M More For YouTube Content
socalTECH
DECEMBER 20, 2012
Culver City-based Maker Studios , which develops YouTube channels and content, said today that it has raised $36M in a funding round. The new funding brings the company's total raised to $44M. The investment was led by Time Warner Investments, and also included Greycroft Partners, Downey Ventures (Robert Downey, Jr.)
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157 ALL DEF DIGITAL Finds $5M For Content
socalTECH
AUGUST 7, 2014
Culver City-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. As part of the funding, Greycroft''s Mark Terbeek joins the company''s board of directors. READ MORE>>.
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All Def Digital Gets $10M
socalTECH
JUNE 30, 2016
Culver City-based All Def Digital , an urban youth programming media brand co-founded by Sanjay Sharma and Russell Simmons, has raised $10M in a Series B financing. All Def Digital said the funding will go towards original programming, distribution, and brand marketing services. READ MORE>>.
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Intel Boosts Ortiva Wireless, Fonality
socalTECH
NOVEMBER 16, 2010
Two Southern California startups, Ortiva Wireless and Fonality , are among 18 companies which Intel said it has funded, to the tune of $77M in total venture investments. in a $10M funding effort. Fonality is based in Culver City. Tags: ortiva wireless fonality intel venture capital.
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147 Omaze Takes $85M For Nonprofit Fundraising
socalTECH
SEPTEMBER 20, 2021
Culver City-based Omaze, which operates an online platform to help nonprofits raise money, said last week that it raised $85M in a Series C funding round. The company is led by co-founder and CEO Matt Pohlson.
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Cognition Raises $200K
socalTECH
JANUARY 31, 2011
Culver City-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.
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140 Airvet Finds $14M For Pet Telehealth
socalTECH
JUNE 29, 2020
Culver City-based Airvet , which operates a pet telehealth service that lets veterinarians run virtual visits, has raised $14M in a Series A funding, the company said late last week. The company--founded in 2018--says it has over 2600 veterinarians already using its platform. The company is led by CEO Brandon Werber.
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124 Indi Molecular Raises $11.5M
socalTECH
JULY 7, 2017
Culver City-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 in a Series A funding.
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Sofie Biosciences Gets $2M
socalTECH
DECEMBER 8, 2010
Culver City-based Sofie Biosciences , a firm developing agents and devices for molecular imaging, said today that it has raised $2M in funding. The firm said the new funding is its first institutional and large corporate financing for the firm. The round came from Cycad Group and other investors.
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Ordermark Gets $18M In Series B
socalTECH
JULY 29, 2019
Culver City-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.
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Factual Pulls In $25M
socalTECH
DECEMBER 8, 2010
Santa Monica-based Factual , the open dataset and API provider started by Gil Elbaz, announced this evening that it has raised $25M in a first round of funding. The funding was co-led by Andreessen Horowitz and Index Ventures, and also included Michael Ovitz and Ron Conway's SV Angel fund. READ MORE>>.
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Signal Sciences Scores $35M For Securing Web Applications
socalTECH
FEBRUARY 5, 2019
Culver City-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. READ MORE>>.
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113 Prime Focus Technologies Gets Private Equity Investment
socalTECH
AUGUST 31, 2016
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 Culver City. Size of the investment was not announced.
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145 Parallel Systems Picks Up $49.55M For Autonomous Trains
socalTECH
JANUARY 19, 2022
Culver City-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.
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113 Encantos Raises $2M For Family Education, Entertainment Service
socalTECH
JANUARY 27, 2020
Culver City-based Encantos , a developer of family entertainment and education titles, has raised $2M in a seed funding round, the company announced this morning. The startup said it will use funding for its subscription services, which revolve around hands-on craft activities for pre-school and primarly school age children.
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Replicated Raises $50M In Series C
socalTECH
JULY 27, 2021
Culver City-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.
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113 Vetted Finds $3.47M For In-Home, On-Demand Pet Care In LA
socalTECH
AUGUST 1, 2017
Venice, California-based Vetted , a new startup offering up on-demand, veterinary services at your home, has raised $3.47M in seed funding, the company disclosed this week. The funding came from Foundation Capital, Amplify LA, Sterling.VC, and ReImagined Ventures. READ MORE>>.
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113 Talespin Takes $15M For Virtual Reality Software
socalTECH
MARCH 3, 2020
Culver City-based Talespin , a developer of virtual reality technology, has raised $15M in a Series B funding round, the company said this morning. The funding was led by Cornerstone OnDemand, and also included Farmers Insurance Exchange and HTC. The startup is led by CEO Kyle Jackson. READ MORE>>.
Replicated Ties Into AWS Partner Program
socalTECH
AUGUST 11, 2021
Culver City-based Replicated, a startup that provides commercial and open source tools to streamline distribution and management of third party applications into enterprises, says it has linked in with the Amazon Web Services (AWS) Partner Network (APN) Global Startup Program. Replicated is led by co-founder and CEO Grant Miller.
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Survios Finds $50M More For VR Game Efforts
socalTECH
DECEMBER 14, 2016
Culver City-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.
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