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ElSegundo-based NanoH2O the developer of high efficiency, reverse osmosis membranes for seawater desalination, announced this morning that it has raised a total of $60M in equity and debt funding. According to the firm, it raised $40M in equity and $20.5M in credit facilities. NanoH2O is led by serial entrepreneur Jeff Green.
ElSegundo-based integrated circuit maker International Rectifier said this morning that it has raised $100M in four year, senior unsecured credit facility. The company said the facility will go towards working capital, acquisition, stock repurchases, and other general corporate use. READ MORE>>.
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>>.
ElSegundo-based International Rectifier said Monday afternoon that it has completed its acquisition of CHiL Semiconductor Corporation. CHiL Semiconductor is a developer of digital power management products, and was venture backed by Highland Capital Partners, Flybridge Capital Partners , Panorama Capital , and id SoftCapital.
ElSegundo-based NanoH2O , the UCLA spinout which is developing reverse osmosis membranes for water desalination, has raised $14.87M as part of an ongoing, $30.6M NanoH2O is venture backed by Khosla Ventures, Oak Investment Partners, Rusheen Capital Partners, and PCG Energy and Technology Fund. READ MORE>>.
ElSegundo-based Zadspace , the developer of on-package advertising products, announced this week that it has raised $3.2M The round came from Connecticut Innovation and DFJ Frontier, along with Crosscut Ventures, LaunchCapital, Cava Capital Ventures and The Gideon Hixon Fund. in a funding round.
ElSegundo-based Mixed Signals , a developer of digital content monitoring products for the cable and satellite television, broadcast, and IPTV market, has been acquired by test equipment giant Tektronix. Tektronix announced the acquisition Monday morning, but did not disclose any financial details of the buy.
ElSegundo-based Infrascale , which provides cloud-based data backup, disaster recovery, archiving, and other services, said today that it has raised $16.3M in a Series B funding, and also acquired EverSync, a developer of cloud-based backup appliances. The funding came from Carrick Capital Partners. READ MORE>>.
ElSegundo-based Fuhu , which is developing an Android tablet specifically aimed at kids, has raised $10M in venture debt. Fuhu develops the nabi tablet, which it says is specifically designed for teaching kids state-standardized, core curriculum for kids in the K-5th grade.
ElSegundo-based Beyond Meat , a developer of plant-based, meat alternatives that look like chicken, beef strips, and ground beef, has raised a Series D funding round, according to the company. The company said the funds will go towards both marketing and manufacturing efforts. READ MORE>>.
ElSegundo-based NanoH2O , the developer and manufacturer of reverse osmosis membranes for seawater desalination, has appointed Doug Barnes as the firm's Chief Operating Officer. Barnes joins the company from Planar, a developer of digital displays, where he had spent 25 years running its manufacturing operations.
ElSegundo-based Fetch Technologies , a firm which develops software for aggregating data from web sites, said Tuesday that it has raised $4.6M in a Series B funding round.
Last week, ElSegundo-based Accordent Technologies , a developer of webcasting and presentation services and software, was acquired by Polycom, in a $50M deal. The firm's investor was San Diego-based TVC Capital , which invested only $4M in total in Accordent before it was acquired.
ElSegundo-based CUJO AI , a developer of artificial intelligence-based cybersecurity software for telecom network operators, has raised a round of growth capital from KPN Ventures, the company said this morning. KPN Ventures is the corporate venture capital arm of Netherlands-based KPN, a large telecom company.
ElSegundo-based BridgeCo , a developer of semiconductors for the home entertainment market, announced Friday that it has raised $7.5M The firm said the new investment came from Earlybird Venture Capital, and private investors Christian Wenger and Brian Long. in a new round of funding. READ MORE>>.
ElSegundo-based The OIX , a fintech company that is developing tax credit and incentives management software, has named technology startup veteran Laurence Sotsky as its new CEO, according to the company. Sotsky was most recently head of venture-backed, mobile application development startup Hopscotch. READ MORE>>.
ElSegundo-based The OIX , a fintech company that is developing tax credit and incentives management software, has named technology startup veteran Laurence Sotsky as its new CEO, according to the company. Sotsky was most recently head of venture-backed, mobile application development startup Hopscotch. READ MORE>>.
ElSegundo-based Morphlabs , the latest startup of Winston Damarillo, is announcing today that it has raised $5.5M The round was led by Global Gateway Investment Group (G2iG), and also includes Frontera Group LLC, CSK Venture Capital Co. and AO Capital Partners Ltd. in a Series B financing round. READ MORE>>.
The firm, which is headquartered in Mountain View, also has operations in ElSEgundo, and was founded in Los Angeles. The company said the new funding round will go towards accelerating growth, product development, and expansion into new markets. Ace Metrix is headed by Peter Daboll.
ElSegundo-based human capital and policy management software developer NEOGOV, which is led by Shane Evangelist, has scored a round of funding from private equity giants The Carlyle Group and Warburg Pincus. The size of the investment--described as "significant"--was not announced. The company was founded in 2000.
ElSegundo-based Beyond Meat , which develops plant-based foods which look and taste exactly like real meat, says is in a major expansion in Los Angeles. According to Beyond Meat, it is creating a new 26,000 square foot Innovation Center in Los Angeles, with enough room for more than 100 employees. READ MORE>>.
ElSegundo, California- and Austin, Texas-based Slingshot Aerospace , a developer of situational awareness technology that brings together imagery and data from satellites, drones, airplanes, and other sensors, has raised $8M in its Series A funding, the company said this morning. in funding.
ElSegundo-based BridgeCo , a developer of embedded semiconductors and software for the home entertainment networking market, said Thursday at CES that it has launched the next generation of its JukeBlox product. The firm said its new, JukeBlox 2.0 READ MORE>>.
ElSegundo-based SecureAuth , a developer of identity management tools, has raised $200M in a funding round from private equity investor K1 Investment Management. K1 said the investment comes as part of a merger with Core Security , a provider of vulnerability discovery, identity governance and threat management software.
ElSegundo-based Aggregage , which develops software driven B2B websites and newsletters which aggregate blog and news postings for specific industries, has raised $1M in a convertible note, the company said today. Aggregage''s B2B websites are published in conjunction with trade and professional associations. READ MORE>>.
Los Angeles- and Austin-based Slingshot Aerospace , the venture-backed developer of artificial intelligence software for processing satellite, aerial, and drone imaging, said this morning that it has won a $6M contract award, from the Air Force Space and Missile Systems Center (SMC). The company's Los Angeles headquarters are in ElSegundo.
ElSegundo-based space launch systems developer ABL Space Systems has raised $200M in a Series B expansion round, bringing the company's valuation to $2.4 ABL Space Systems said it will use the new funding to scale production of its launch vehicle, as well as for research and development of future systems.
ElSegundo, California and Austin, Texas-based Slingshot Aerospace announced this morning that it has raised $40.85M in a funding round, a Series A2 funding.
ElSegundo-based Geosemble Technologies , a developer of geospatial data integration and mapping software, said today that it has received a strategic investment from In-Q-Tel, the venture capital arm of the CIA. Tags: geosemble technologies inqtel venture capital mapping. Size of the investment was not disclosed.
ElSegundo-based Slingshot Aerospace, which develops software which aggregates information from satellites, ground-based sensors, and more to help with situational awareness, has named Melanie Stricklan as its new CEO. Stricklan is one of the company's co-founders, and was most recently serving as Chief Strategy Officer.
ElSegundo-based Zadspace , a stealth mode firm developing advertising technology, has quietly raised $1.40 Tags: zadspace venture capital advertising. in Series A venture funding. The funding came from DFJ Frontier, Crosscut Ventures and Gideon Hixon Fund. READ MORE>>.
ElSegundo-based Carbonated Games , a developer of mobile games, has raised $8.5M Carbonated focuses on developing "highly competitive" games for mobile devices, which are more in line with the hard core games found on consoles and PCs, rather than the more usual casual gaming market.
ElSegundo-based CUJO AI , a startup developing artificial intelligence software for detecting security attacks on consumer networking infrastructure, has raised a Series B funding round, the company said this morning. Size of the new round was not announced. The company is led by CEO Einas von Gravrock. READ MORE>>.
ElSegundo-based ZADSPACE , a stealth mode firm developing advertising related products or technology, has raised an additional $500,000 in funding, according to a regulatory filing from the firm, bringing its total fundraising to $1.91M. Tags: zadspace advertising venture capital wunderman lester. READ MORE>>.
ElSegundo- and Austin-based Slingshot Aerospace says it has named a Board of Advisors, which will provide it with counsel, advice, and support. Slingshot is venture backed by ATX Venture Partners, Revolution's Rise of the Rest Seed Fund, Techstars Ventures, and Okapi Venture Capital, along with others.
ElSegundo-based Phase Four, a space startup which is creating satellite thrusters which use radio-frequencies for propulsion, said it has raised $26M in a Series B funding round. Phase Four says it is developing Maxwell plasma propulsion engines, which are designed to steer satellites in space.
ElSegundo-based ABL Space Systems, a developer of space launch systems, has just signed a big deal with Lockheed Martin, after raising $170M in funding a last week. ABL Space Systems has now raised $230M in total funding for its rocket development efforts.
ElSegundo, California- and Austin, Texas-based Slingshot Aerospace said this morning that it has received $2M in funding to go towards developing of a new, space training simulation tool for the U.S. Space Force.
ElSegundo-based medical apparel brand Jaanuu --formed by former investment banker Shaan Sethi and his sister, Dr. Neela Sethi Young --has snagged $15M more in funding, the company said this week, bring the company's total raised to $25M. READ MORE>>.
ElSegundo-based EV Connect , which provides managed, electric vehicle charging stations for businesses, universities, governments, and others, said on Tuesday that it has raised $12M more in a funding round, in a Series B funding round. The funding was led by Mitsui & Co., and also included the Ecosystem Integrity Fund and others.
We spoke with one of those companies-- ElSegundo-based ConsumerTrack (www.consumertrack.com)--which is a $30M, bootstrapped an online marketing company which is driving millions of customers to big name, financial customers. There''s lots of technology development behind what you do - can you talk about that?
If you're an NCAA fan, and you've loaded the app for your favorite team, there's a high likelyhood that the app is actually the product of ElSegundo-based Hopscotch (www.gohopscotch.com). Laurence Sotsky: I've been working in the software-as-a-service space for some time, in medium-sized, venture capital backed companies.
We''ve raised around $72 million now in equity capital. For a couple of years, I was the head of a boutique software consulting firm based in ElSegundo. They''re a Boston-based venture capital firm which as started by some ex-VCs from Insight Venture Partners.
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