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A new study released earlier this month has ranked the Santa Barbara-Santa Maria-Goleta metropolitan area, as well as the San Diego-Carlsbad-San Marcos metropolitan area among the top ten markets for venture capital activity. venture capital deals per 100,000 people. venture capital deals per 100,000 people. in deals and 3.3
Los Angeles-based Relativity Space , which is venture backed by Bond, Tribe Capital, Playground Global, Y Combinator, Social Capital, Phillip Spector formerly of Intelsat, and Mark Cuban, says it has secured new headquarters space in LongBeach, where it will set up its business operations and manufacturing.
Total venture capital investment dollars in 2017 are on their way to a decade high, according to a new report issued today, with $21.5 The report did not break down Southern California as a single region, but reported $4.408 billion invested across 386 so far in the Los Angeles-LongBeach MSA this year. READ MORE>>.
LongBeach-based SpinLaumch , a space startup working on oribal launch systems which use a kinetic launch system to deliver payloads into space from the ground using a mass acceleration system, has raised $35M more, the company said on Thursday afternoon. The new funding brings the startup's total funding to $80M.
In a loss for Southern California's burgeoning electric car industry, Tesla Motors said Thursday evening that it has selected not Downey or LongBeach, but instead, Silicon Valley city Fremont as the location of its manufacturing facility for its Model S sedans. READ MORE>>.
LongBeach-based Apriso said Monday that it has landed manufacturer Cummins Inc. Apriso's others customers include GM, Volvo, Honeywell, and others; the firm is venture backed by Brentwood Venture Capital, CMEA, LogiSpring, SAP Ventures, and WallStreet Technology Partners. as a customer. READ MORE>>.
Looking to capitalize on the interest in electric cars in Southern California, a homebuilder building eco-friendly, urban homes in the area said today that it is planning to pre-wire its homes for home-charging equipment for Nissan LEAF electric vehicle chargers.
LongBeach-based Payoff.com , a startup which operates an online service that helps user pay off debt and save money via online rewards, social tools, and peer pressure, has raised $7.0M payoff personal finance venture capital money social rewards gamification' in a funding round, according to a regulatory filing by the company.
LongBeach-based Apriso , a developer of software used for managing manufacturing operations, reported today that it has been selected by Boston-Power. Apriso is funded by Brentwood Venture Capital, CMEA Capital, LogiSpring, SAP Ventures and Wall Street Technology Partners LP. READ MORE>>.
LongBeach-based Obagi Medical Products , a developer of aesthetic medicine products, said Thursday that it has named Mark T. Taylor joins the firm from Roth Capital Partners, where he had served in institutional sales, investment banking, and equity research.
See Jane Go currently offers it service in Orange County and LongBeach, with plans to expand to the rest of Southern California using the funding. Laguna Hills-based See Jane Go , a startup which operates a ridesharing service driven by, and which serves just women, has raised $2.47M in an angel funding, the company said Tuesday.
LongBeach-based Agilon Health/ said it has created a new healthcare services and technology company this morning, which it says will focus on creating "next generation value-based care delivery systems". The new company is led by Ronald A. Williams, who is the former Chairman and CEO of Aetna.
Wilcon said its network now connects Los Angeles, Burbank, Pasadena, Santa Monica, Woodland Hills, Thousand Oaks, Santa Clarita, LongBeach, Irvine, Riverside, Carlsbad and San Diego. Wilcon said it was supported in the deal by Pamlico Capital; financial details of that backing was also not announced. READ MORE>>.
LongBeach-based investor Sunstone Management is one of the investors in Emeryville, California-based Lucira Health , as part of a Series B funding rounding, the company said on Monday morning. Lucira Health is developing diagnostic tools which use DNA and RNA to identify infection diseases. Sunstone Management is led by John Shen.
Two startups won a total of $25,000 in prizes last week at the Sunstone Innovations Challenge at CSULB, a startup pitch competition involving student teams from CSU LongBeach.
The company--which has operations in both New York and LongBeach--said the move comes as it is expanding its branded entertainment and talent development efforts. The company did not detail any changes in its investors, which have previously included Intuitive Venture Partners, Okapi Venture Capital and Sunshine Wireless Company.
LongBeach-based Apriso , a privately held firm developing manufacturing software, said today that it saw "strong customer growth" in the quarter from manufacturers in the solar, fuel cell, and battery industries. The firm did not provide any actual financials. Apriso's software is used for managing supply chains.
million from investors Trucks VC, Kapor Capital, JFF, Energy Impact Partners and The Fund. It was here that she met Ellis, a career coach at LACI who also worked at the LongBeach Job Corp Center. Demand for ChargerHelp’s service has attracted customers and investors. The company said it has raised $2.75
LongBeach-based Apriso , a developer of planning and control software for the manufacturing industry, reported Thursday that the firm had record revenues in 2009. Apriso is venture backed by Brentwood Venture Capital, CMEA Ventures, LogiSpring Investment Fund SA, SAP Ventures, and Wall Street Technology Partners. READ MORE>>.
LongBeach-based Funraise , which develops nonprofit fundraising software, has raised $9.7M According to Funraise, the funding was led by Toba Capital, and also included angel Blaine Vess, the founder of Student Brands. Rajan Aggarwal of Toba Capital will join the company's board as part of the funding. READ MORE>>.
LongBeach-based investor Sunstone Venture Capital Fund says it has participated in the funding for supersonic airplane maker Boom Supersonic. Sunstone did not say how much it invested in the round, which was announced last week by Denver-based Boom Supersonic. Boom said its plane, the "Overture", will travel at Mach 2.2,
LongBeach-based Cargomatic , which develops technology to connect shippers and carriers, said this week that it has raised $35M in a Series B funding round. The funding was led by Warburg Pincus, and also included Canaan, Genesee & Wyoming, Xplorer Capital and Muse Family Enterprises.
LongBeach-based rocket developer Rocket Lab is joining the very long list of local technology companies, which is heading towards the public market through a merger with a Special Purpose Acquisition Company (SPAC). According to Rocket Lab, the deal will give it an implied pro forma enterprise value of $4.1
LongBeach-based Virgin Orbit, the satellite launch technology company which is related to Sir Richard Branson's Virgin Galactic space tourism business, says it will become a publicly traded company through a Special Purpose Acquisition Company (SPAC).
LongBeach-based Agilon Health, which operates a network of physicians focused on Medicare patients, has set its IPO pricing range, saying it hopes to sell 46,600,000 shares of its common stock at between $20.00 The company's biggest shareholders are CD&R Vector Holdings, along with Morgan Stanley and Capital World. and $23.00
Pelican says that Lim will be based out of its LongBeach office. Pelican is owned by private equity investor Behrman Capital. Pelican, best known for its protective cases, develops a range of products for the huntin and fishing, adventure, personal electronics, photography, and other markets. READ MORE>>.
LongBeach-based Digital Performance, which develops technology for online sales efforts in the after market automotive parts sector, is announcing Monday that it has raised $3.2M The round was led by Rincon Venture Partners, and also included Arcturus Capital and Momentum Venture Management. in a Series A funding round.
It’s hard to remember that in 2012 it was still hard for LA VCs to persuade investors into funds that LA was a viable market for great venture capital funds or convince many VCs that LA was a market worth investing dollars into startups. 43% of all goods arriving into American ports come through LA and LongBeach ports in Los Angeles.
LongBeach-based Momentum IoT , a developer of telematics products for tracking trucks, trailers, heavy equipment, and other assets, has raised $3.1M The funding was led by Howard Edmund Capital, and also included Thompson Aerospace. in a funding round, the company said this morning.
The company says it provides AI enabled rate quoted for intermodal and drayage for freight forwarders and import/export shipper, and has thousands of drivers or drayage trucking companies in Los Angeles & LongBeach. READ MORE>>.
A new company, Apex Innovation Sciences --with headquarters in LongBeach, California and Marlton, New Jersey--has formed out of a corporate merger of CNS Network and Hassman Research Insitute , along with the Clinical Trial Centers Alliance , three companies in the clinical trial studies industry, the companies said this morning.
Embark, which has a center of operations in Ontario, California--in the Inland Empire--said it raised the new funding round from Sequoia Capital, as well as Data Collective, YCombinator, SV Angel and AME Cloud. Embark did not say how many people it plans to hire in Ontario.
LongBeach-based 3D, printed rocket developer Relativity Space said on Tuesday that it has raised another round of funding--worth $650M--to go towards production of its first rocket. According to the company, the round was led by Fidelity Management and Research. The Series E funding brings the company's total raised to more than $1.9
Southern California's venture capital totals dropped significantly in Q3 of 2016, to a mere $663.2M The most amount of investment came for the Los Angeles-LongBeach MSA, which saw $247.6M in funding, according to the latest numbers from the PricewaterhouseCoopers MoneyTree report, based on data from Thomson Reuters.
LongBeach-based Way2H , a startup developing technology to convert waste into clean hydrogen fuel, has scored a strategic investment from Pacific6 Enterprises, the company announced this morning. Size of that investment were not announced. Pacific6 Enterprises is led by John C.
Motivate operates Citi Bike in New York & Jersey City; Divvy in Chicago; Bluebikes in the Boston metro area; Capital Bikeshare in Washington D.C.; LADOT, LongBeach Transit, Baldwin Park Transit, Pasadena Transit and Santa Clarita Transit in the Los Angeles area are among those offering free rides.
Rocco and I used to pal around back in the day at “The Space&# in LongBeach, which is chapter in time that seriously warrants an entire documentary featuring folks like Brett Bixby , The Pawn Shop Kings , Jay Buchanan , The 88 , Wonderlove to name but a few. Click here to view the embedded video.
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