Electric Car Sharing Company Envoy Sets $11 Million Series A
L.A. Business Journal
NOVEMBER 12, 2020
a Culver City company that operates electric car sharing services has raised $11 million in funding. Envoy Technologies Inc.,
OpenDrives Raises $20 Million to Grow Data Storage Business
L.A. Business Journal
JANUARY 21, 2021
Culver City-based company OpenDrives Inc. has raised $20 million in a Series B funding round led by IAG Capital Partners.
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FactoryFour Finds $5M, Sets Up Shop In Culver City
socalTECH
DECEMBER 5, 2018
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 Culver City. The startup's Series A funding was led by August Capital, and also included existing investor Refactor Capital.
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Social Networking Startup MeWe Raises $4.5 Million
L.A. Business Journal
JULY 1, 2019
Culver City-based social networking startup Sgrouples Inc., million in a venture round, bringing its total funding to $15 million since launching in 2012. doing business as MeWe, announced it raised $4.5
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NXTM Finds Funding
socalTECH
APRIL 8, 2011
Culver City-based NXTM , a company developing social media and e-commerce tools for the music industry, has raised funding, according to lead investor Spring Mountain Capital. Size of the funding round was not disclosed. The funding will go towards funding growth and development.
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Maker Studios Acquired By Disney For $500M
socalTECH
MARCH 24, 2014
Culver City-based YouTube network Maker Studios has been acquired by Burbank-based Walt Disney Company , in a deal worth $500M, plus up to $450M in performance earn out. Disney said Maker Studios will remain headquartered in Culver City. Maker operates a network of YouTube content channels--over 55,000--which gets 5.5
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NextSpace Gets 825K
socalTECH
JANUARY 17, 2013
NextSpace , the co-working space developer which has locations in Culver City and Venice, announced this morning that it has raised $825,000 more in a funding round, to go towards expansion in Northern California.
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FactoryFour Raises $5M in Venture Capital Funding
L.A. Business Journal
OCTOBER 18, 2018
Manufacturing software maker FactoryFour, which recently opened a new Culver City office, received a $5 million round of funding led by Menlo Park, Calif.-based based venture capital firm August Capital, with participation from Refactor Capital.
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TCA Funds Cognition Therapeutics
socalTECH
JANUARY 20, 2011
The Tech Coast Angels , the largest angel investment group in Southern California, is part of a syndicate funding Pittsburgh-based Cognition Therapeutics , a drug discovery firm focused on Alzheimer's. in a Series A funding, led by Golden Seeds and including the Tech Coast Angels. According to Cognition, it raised $2.5M
Jukin Media Gets Strategic Funding
socalTECH
MAY 13, 2014
Los Angeles-based viral video company Jukin Media has raised a strategic funding round, for that company''s video entertainment network on YouTube, according to the company. The company says it has more than 40 employees in Culver City. The company said the funds will go towards bolstering its technology and infrastructure.
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Indi Molecular Picks Up $300K More In $1.8M Seed Funding
socalTECH
DECEMBER 10, 2013
Culver City-based Indi Molecular , a developer of synthetic replacements for antibodies, announced Tuesday that it has raised $300,000 more in its seed funding, bringing the total raised in the round to $1.8M. The new funding was led by InterWest Partners, and also included several un-named, angel investors.
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Founders of Sony's Crackle Start Venture Fund
socalTECH
SEPTEMBER 12, 2011
The founders of Crackle , the online streaming video and movie site owned by Culver City-based Sony Pictures Entertainment , have announced a new venture capital fund. According to Josh Felser and Dave Samuel, the founders of Crackle, they have started a new venture fund called Freestyle Capital , with $27M in a Fund I close.
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Card Scanning Solutions Finds Funding
socalTECH
JUNE 19, 2013
Culver City-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. Size of the funding round was not announced by the company. The company said the funding will go towards product development efforts.
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Good Eggs Gets Funding For Grocery Delivery In LA
socalTECH
OCTOBER 3, 2013
in a funding round from Sequoia Capital, the company said Thursday. The Bay Area startup said the funding was led by Sequoia Capital, and also included Harrison Metal, Baseline Ventures, Collaborative Fund, Kapor Capital, along with angels. READ MORE>>. good eggs venture capital grocery local delivery sustainable farmer'
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Calacanis Opens Up LAUNCH Coworking Space In LA
socalTECH
MAY 30, 2013
Calacanis announced Thursday that he has started a new, co-working space called LAUNCH co-work , which will support a dozen startups in a 10,000+ square foot space in Culver City. The new coworking space will accept at most 6 employees at a startup, depending on category.
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FIGS Raises $2M In Seed For Fashionable Scrubs
socalTECH
JULY 1, 2013
FIGS , a Culver City startup offering up fashionable medical scrubs, has raised $2M in a seed funding round. The round came from Crocs, Mohr Davidow Ventures, 500 Startups, Karlin Ventures, as well as others.
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187 Fourth Wall Studios Gets $15M
socalTECH
MARCH 9, 2011
Culver City-based Fourth Wall Studios , a firm developing massively multiplayer online games in the virtual reality area, has raised $15M in funding, the firm said Tuesday. The funding comes from LA biotech billionaire Patrick Soon-Shiong.
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Maker Studios Raises $26M More
socalTECH
SEPTEMBER 12, 2013
Culver City-based Maker Studios confirmed today that it has raised $26M in additional funding in its Series C funding. According to the company, the new round was led by Time Warner Investments, along with Canal+, Astor, Singtel Innov8, Upfront Ventures, Greycroft Partners, and Downey Ventures.
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PacketFabric Picks Up $25M For Terabit Scale Network
socalTECH
JANUARY 22, 2018
Culver City-based PacketFabric , a startup working on connecting major, carrier-neutral colocation facilities with terabit-scale network technology, has raised $25M in a Series B funding, according to the company. According to PacketFabric, it now has a presence at more than 150 Points of Presence (PoPs) in 17 metro markets.
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ThinkNear Gets $1.6M For Location-based, Mobile Ads
socalTECH
JULY 26, 2011
Culver City-based ThinkNear , a new startup focused on helping local merchants reach consumers with mobile, location-based ads, said today that it has raised $1.6M in a seed funding round.
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OpenDrives Raises $20 Million to Grow Data Storage Business
L.A. Business Journal
JANUARY 21, 2021
Culver City-based company Open Drives Inc. has raised $20 million in a Series B funding round led by IAG Capital Partners.
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Pitching access management on the fly, Los Angeles-based Britive raises $5.4 million
TechCrunch LA
SEPTEMBER 10, 2020
million from LA’s own venture fund, Upfront Ventures and a clutch of security experts. LA gets a big SaaS exit as Fastly nabs the Culver City-based Signal Sciences for $775M.
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Southern California Startups Raise $761.12M in Q2 2014
socalTECH
JULY 17, 2014
The biggest investments for the quarter were for Culver City-based NantHealth , the digital health venture of billionaire Dr. Patrick Soon-Shiong, which raised $135M in a funding; El Segundo-based Prodege (aka Swagbucks), which raised $60.1M According to the report, there was $472.15M invested in Los Angeles, $222.4M
VR Firm Raises $15M to Add Content
L.A. Business Journal
MARCH 6, 2020
Culver City-based virtual reality company Talespin announced $15 million in series B funding led by Cornerstone OnDemand Inc., a provider of cloud-based learning software.
Indi Molecular Raises $1.5M For Antibody Startup
socalTECH
SEPTEMBER 23, 2013
Culver City- and Seattle-based Indi Molecular , a startup developing a synthetic replacement for antibodies, has raised $1.5M in a seed funding round. The funding was led by InterWest Partners, and also included a number of un-named angel investors. READ MORE>>.
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Fullscreen Grabs $30M More For YouTube Network
socalTECH
APRIL 5, 2013
Culver City-based Fullscreen , which operates a multi-channel youTube network, and is led by George Strompolos (formerly of YouTube/Google), has raised $30M in a new round of funding, according to reports today. The funding round reportedly values the company at $110M pre-money.
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Maker Studios Lands $36M More For YouTube Content
socalTECH
DECEMBER 20, 2012
Culver City-based Maker Studios , which develops YouTube channels and content, said today that it has raised $36M in a funding round. The new funding brings the company's total raised to $44M. The investment was led by Time Warner Investments, and also included Greycroft Partners, Downey Ventures (Robert Downey, Jr.)
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157 Soon-Shiong Endows Chair At USC Viterbi
socalTECH
SEPTEMBER 29, 2011
According to USC, the Chan Soon-Shiong Family Foundation, funded by Soon-Shiong and his wife, Michele B. Chan, will fund a professor at the intersection of engineering and medicine, specifically focused on computer science, mobile vision, or robotics. Exact amount of the endowment was not announced. READ MORE>>.
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Eccentex Raises $7.5M
socalTECH
MARCH 7, 2012
Culver City-based Eccentex , a developer of a software-as-a-service, enterprise business process management product, has raised $7.5M in an equity funding. The funding came from VTB Capital. Eccentex, which is led by Glen E.
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145 Media Temple Raises $15M
socalTECH
APRIL 21, 2010
Culver City-based Media Temple , an online web hosting firm, said today that it has raised $15M in a new round of funding from Triangle Capital. The firm's clients include such companies as Sony, Toyota, NBC Universal, and TechCrunch, which reported the funding. Media Temple is headed by Demian Sellfors.
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140 Fullscreen Buys Viddy
socalTECH
JANUARY 16, 2014
Culver City-based YouTube network Fullscreen said late Wednesday that it has acquired Supernova , the company which was formerly known as Viddy. Supernova had originally raised more than $37M in funding, however, gave back $18.0M of that funding in a recap in May of last year. READ MORE>>.
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Cognition Raises $200K
socalTECH
JANUARY 31, 2011
Culver City-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.
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Software Security Company Replicated Raises $25 Million
L.A. Business Journal
OCTOBER 27, 2020
Replicated, a Culver City-based company that provides security and operations services to software vendors, closed a $25 million Series B funding round.
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Openpath Launches with $7 Million Raise
L.A. Business Journal
MAY 22, 2018
Culver City-based office security tech firm Openpath launched May 22, helped by a $7 million funding round and helped by local funds.
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Sofie Biosciences Lands $5M In Series A
socalTECH
OCTOBER 15, 2013
Culver City-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. The new funding comes on top of a SBIR grant the company announced earlier this month.
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Sofie Biosciences Gets $2M
socalTECH
DECEMBER 8, 2010
Culver City-based Sofie Biosciences , a firm developing agents and devices for molecular imaging, said today that it has raised $2M in funding. The firm said the new funding is its first institutional and large corporate financing for the firm. The round came from Cycad Group and other investors.
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Factual Pulls In $25M
socalTECH
DECEMBER 8, 2010
Santa Monica-based Factual , the open dataset and API provider started by Gil Elbaz, announced this evening that it has raised $25M in a first round of funding. The funding was co-led by Andreessen Horowitz and Index Ventures, and also included Michael Ovitz and Ron Conway's SV Angel fund. READ MORE>>.
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MiTu Gets $10M For Latino Content
socalTECH
JUNE 19, 2014
Culver City-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.
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138 Jukin Media In Major Expansion, To Open 14,000 Square Foot Studio
socalTECH
AUGUST 24, 2017
Culver City-based Jukin Media , which finds and licenses viral content, is planning a major expansion next to its existing offices in Culver City. The company--led by CEO and founder Jonathan Skogmo--is venture backed by SPH Media Fund, Samsung Ventures, BDMI, Maker Studios and others. READ MORE>>.
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100 Privlo Gets $350M In Debt For Technology Driven Mortgage Loans
socalTECH
JULY 31, 2014
The equity funding came from Spark Capital and QED Investors; source of the debt funding was not announced. The company is in the midst of moving from Culver City to Pasadena. The company is led by Michael Slavin. READ MORE>>. privlo mortgage loan venture capital equity realestate marketplace online'
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138 Prime Focus Technologies Gets Private Equity Investment
socalTECH
AUGUST 31, 2016
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 Culver City. Size of the investment was not announced.
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All Def Digital Gets $10M
socalTECH
JUNE 30, 2016
Culver City-based All Def Digital , an urban youth programming media brand co-founded by Sanjay Sharma and Russell Simmons, has raised $10M in a Series B financing. All Def Digital said the funding will go towards original programming, distribution, and brand marketing services. READ MORE>>.
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Intel Boosts Ortiva Wireless, Fonality
socalTECH
NOVEMBER 16, 2010
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. in a $10M funding effort. Fonality is based in Culver City.
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147 Omaze Takes $85M For Nonprofit Fundraising
socalTECH
SEPTEMBER 20, 2021
Culver City-based Omaze, which operates an online platform to help nonprofits raise money, said last week that it raised $85M in a Series C funding round. The company is led by co-founder and CEO Matt Pohlson.
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