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Fast growing, Los Angeles-based mobile games and entertainment developer Scopely is in a big expansion, and has agreed to lease another 60,000 square feet of office space in CulverCity, according to the company's broker, CBRE. READ MORE>>.
FactoryFour , a startup which developing software to enable custom production of industrial goods, has raised $5M in a Series A funding, and set up shop in CulverCity. The startup's Series A funding was led by August Capital, and also included existing investor Refactor Capital.
The latest venturecapital totals from the PricewaterhouseCoopers/National VentureCapital 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.
NextSpace , the co-working space developer which has locations in CulverCity and Venice, announced this morning that it has raised $825,000 more in a funding round, to go towards expansion in Northern California.
CulverCity- and Seattle-based Indi Molecular , a startup developing a synthetic replacement for antibodies, has raised $1.5M indi molecular venturecapital diagnostics medical lifescience protein' in a seed funding round. The funding is being used to spin Indi Molecular off from parent firm Integrated Diagnostics.
CulverCity-based molecular imaging products maker Sofie Biosciences said Tuesday that it has raised $5M in a Series A funding round. The funding was led by Tata Industries, and also included MRM Capital and the Cycad Group. sofie biosciences venturecapital lifescience molecular diagnostics positron' READ MORE>>.
CulverCity-based Card Scanning Solutions (CSSN), said today that it has raised a round of equity funding, from Insight Venture Partners, Red Oak Growth Partners, and Egis Capital Partners. The company said the funding will go towards product development efforts. Card Scanning Solutions is led by Yossi Zekri.
CulverCity-based MiTu , a developer of digital content for the Latino market, said today that it has raised $10M in a Series B funding round. The new funding was led by Upfront Ventures. The company''s other investors included The Chernin Group LLC (TCG), Allen DeBevoise (Machinima) and Advancit Capital.
Two Southern California startups, Ortiva Wireless and Fonality , are among 18 companies which Intel said it has funded, to the tune of $77M in total venture investments. Exact investments in Ortiva, a developer of mobile video management and optimization products, and PBX software maker Fonality, were not announced by Intel.
Getaround , the developer of a peer-to-peer car sharing service, said it has officially launched in the greater Los Angeles area. As part of the expansion to Los Angeles, Getaround has opened up an office in CulverCity, where it says it already has hired over a dozen full time and part time employees for the company.
CulverCity-based Eccentex , a developer of a software-as-a-service, enterprise business process management product, has raised $7.5M The funding came from VTB Capital. in an equity funding. Eccentex, which is led by Glen E.
CulverCity-based Cognition Technologies , the developer of natural language processing technology software, has raised $200,000, as part of an ongoing $500,000 funding round, according to a recent regulatory filing by the firm. No details on the funding have been announced. Source of the new funding was not disclosed.
Los Angeles-based Prime Focus Technologies , a developer of ERP software for the media industry, says it has received its first round of funding from private equity investor Ambit Pragma. The company has a significant presence in India, with headquarters here in CulverCity. Size of the investment was not announced.
CulverCity-based Openpath , a new startup founded by Alex Kazerani and James Segil, the founders of Edgecast, has raised $7M in a seed funding round, the company disclosed today. The funding came from Upfront Ventures, Sorenson Ventures, Bonfire Ventures, Pritzker Group VentureCapital and Fika Ventures.
CulverCity-based Sofie Biosciences , a firm developing agents and devices for molecular imaging, said today that it has raised $2M in funding. The round came from Cycad Group and other investors. Sofie Biosciences technology is being applied to new imaging agents for PET.
CulverCity-based Loosie , a startup developing loyalty and rewards software for mobile apps, said this morning that it has raised $3.5M The funding came from tim Kendall (Pinterest, Facebook), Michael Liou (Anvil Capital), Anthony Saleh, and Brad Schwartz (SLP Ventures). in a seed funding round. READ MORE>>.
CulverCity-based Parallel Systems, a startup developing autonomous train and transportation technology, said today that it has raised $49.55M in a Series A funding round. The funding was led by Anthos Capital, and also included Congruent Ventures, Riot Ventures and Embark Ventures.
CulverCity-based Indi Molecular , a developer of protein catalyzed capture agent (PCC) biotechnology being aimed in research tools, diagnostic agents, and PET imaging, has raised $11.5M Darren Cai from Legend Capital will join the company's board with the funding. in a Series A funding.
CulverCity-based Signal Sciences , which develops web application security firewalls, is announcing this morning that it has raised $35M in a Series C funding round. The funding was led by Lead Edge Capital, and also included CRV, Index Ventures, Harrison Metal and OATV.
CulverCity-based Ordermark , which develops software to help restaurants manage the orders and headache of having to deal with multiple, disparate, mobile delivery services, has raised $18M in a Series B funding, the company announced on Monday morning.
CulverCity-based Encantos , a developer of family entertainment and education titles, has raised $2M in a seed funding round, the company announced this morning.
CulverCity-based Pocketwatch , a startup media brand focused on creating and acquiring content for kids, has raised $6M in a Series A funding round. Downey Ventures) and Chris Jacquemin (WME). Williams is the CEO and founder of Pocketwatch, who says the company's mission is to "create the ultimate headquarters for kids".
CulverCity-based Replicated, a developer of a container-based platform which makes it easier for software vendors to deploy cloud native applications inside customers' environments, has raised $50M in its Series C funding, the company said Tuesday.
He became a VC at London-based Benchmark Europe (now Balderton) and then CEO of Endemol, a large multibillion media company best known for creating & owning global franchises for Big Brother, Deal or No Deal and other unscripted television. Ynon Kreiz is a force of nature in the media and tech sectors. billion deal to Disney.
San Diego-based Viracta Therapeutics , a developer of treatments for cancer caused by Epstein-Barr Virus (EBV) and other viral diseases, has raised $18.4M from CulverCity-based NantKwest , one of the biotech firms led by billionaire Dr. Patrick Soon-Shiong.
Developments Blog. In March of last year, Matt Jacobson, head of market development at Facebook, paid $10.9 The arrival of techies has also had a profound effect on the rental market, brokers and real-estate developers say. Developers are scrambling to cater to the influx. Loading… Real Estate. » More.
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