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Genalyte Raises $11.8M

socalTECH

San Diego-based Genalyte , a developer of life sciences equipment which uses silicon chips for protein and nucleic acid testing. The round came from Redmile Group, Claremont Creek Ventures, as well as earlier investors in the firm. said this morning that it has raised $11.8M in a Series B financing round. READ MORE>>.

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How TenOneTen Ventures Is Investing In LA's Technology Future

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In particular, funding for companies developing deep technology--software and cloud, as opposed to content and media--seems to be lacking. That''s the reason we developed our own positioning there. There''s Caltech, the Claremont Colleges, Harvey Mudd, UCLA. Explain what kinds of investments TenOneTen makes or hopes to make?

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A Chat With Jamie Montgomery On How LA's Tech Ecosystem Has Grown

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The universities are now more focused on the innovation economy, with schools like USC, UCLA, Caltech, the Claremont Colleges all bringing good people to LA. The LIDAR, the sensors, the software, what's been developed for and by the aerospace industry, JPL, and local universities. Jamie Montgomery: I think there are a couple of things.

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Interview with Sunil Rajaraman, Scripped

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Zak and I went to Claremont McKenna together, and have been friends for a long, long time. He was independently working on a collaboration platform for writers, and eventually we all got on a phone together, and it clicked. And, we think we'll eventually reduce the cost associated with the development departments at the studios.

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