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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 venturecapital activity. venturecapital deals per 100,000 people. venturecapital deals per 100,000 people.
Total venturecapital investment dollars in 2017 are on their way to a decade high, according to a new report issued today, with $21.5 The 3Q 2017 PitchBook-NVCA Venture Monitor report said the latest quarter worths of investment brings 2017's total to $61.4 billion invested in the third quarter in more than 1,699 companies.
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 VentureCapital, CMEA, LogiSpring, SAP Ventures, and WallStreet Technology Partners. as a customer. READ MORE>>.
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 venturecapital money social rewards gamification' 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.
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 VentureCapital, CMEA Capital, LogiSpring, SAP Ventures and Wall Street Technology Partners LP. READ MORE>>.
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 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.
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 VentureCapital 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.
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 venturecapital funds or convince many VCs that LA was a market worth investing dollars into startups. And this is true. LA has only just begun.
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 VentureCapital, CMEA Ventures, LogiSpring Investment Fund SA, SAP Ventures, and Wall Street Technology Partners.
LongBeach-based investor Sunstone VentureCapital 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. new-immigrant families.
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.
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.
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>>.
Southern California's venturecapital 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 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 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.
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
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.
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