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Venture capital investments in Southern California for Q3 of 2011 are up from last year, but down from last quarter, according to the latest numbers from PricewaterhouseCoopers and the National Venture Capital Association based on data provided by Thomson Reuters. The latest MoneyTree report from the three find that $603.2M
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 Infrascale , which provides cloud-based data backup, disaster recovery, archiving, and other services, said today that it has raised $16.3M The funding came from Carrick Capital Partners. infrascale eversync merger acquisition cloud backup software venture capital infrastructure storage disaster recovery'
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 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.
ElSegundo-based Kaleo Software has raised $7.0M in a funding round, to go towards its employee knowledge sharing software. Kaleo Software helps connect employees with a company's other, internal resources and experts.
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. Brett Markinson is Chairman of The OIX board of directors and Managing Director of Innovent Capital. 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. Brett Markinson is Chairman of The OIX board of directors and Managing Director of Innovent Capital. 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>>.
ElSegundo-based Ripple has been acquired by TargetCast Networks, a San Ramon-based operator of a out-of-home digital advertising network. in venture capital from Draper Fisher Jurvetson and Trinity Ventures; TargetCast is venture backed by Claremont Creek Ventures. Financial terms of the buy were not disclosed.
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.
The round also included investments from Okapi Venture Capital and Sway Ventures, along with Stage and NoName Ventures. The company, which was part of the recent Techstars Los Angeles class, uses artificial intelligence software to process imagery data. Air Force, which has major satellite analysis operations in ElSegundo.
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 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. CUJO AI offers up its AI software to network operators, to help secure customers. READ MORE>>.
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 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 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- 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, 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. The company says it has now raised a total of $17.1M
As we close out our contributions for the end of 2018, here's Jeb Spencer of TVC Capital. 2018 was a great year for TVC Capital and we were able to get our fourth growth equity fund closed, taking our assets under management to close to $400 million. What was the biggest lesson you learned this year? Two big lessons in 2018.
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 Carbonated Games , a developer of mobile games, has raised $8.5M in a seed funding round, the company said late last week. The funding came from Andreessen Horowitz, Golden Ventures, and Bitkraft Esports Ventures. The company is led by founder and CEO Travis Boatman.
Phil Hui-Bon-Hoa , the CEO of ElSegundo-based Kaleo (www.kaleo.com), is a serial entrepreneur who has previously built and sold four companies, including one acquired by IFILM, and another by Sun Microsystems. In B-to-B marketing, it ends up that there were people at GE Capital doing the same jobs at GE Healthcare.
Earlier this month, his latest startup, ElSegundo-based Morphlabs announced it had raised a Series B funding worth $5.5M. CSK Ventures in Japan is on eof the largest data center operators, and they have their own venture capital firm, which provided us with our seed funding. LogicBlaze we sold to Progress Software.
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.
One of the biggest areas where the cloud is transforming business is in small and medium sized businesses--where suddenly, companies are able to leverage software which wouldn''t be available, or are too costly for them to implement individually, but where the cloud access suddenly makes it affordable and easy. What does Kareo do?
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). Hopscotch, led by Laurence Sotsky , has built software which enables sports teams, venues, and others to rapidly create mobile apps for their fans.
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