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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
The latest venture capital totals from the PricewaterhouseCoopers/National Venture Capital 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. Nationally, there was $13.0 READ MORE>>.
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 CulverCity. The company said the funds will go towards bolstering its technology and infrastructure.
The founders of Crackle , the online streaming video and movie site owned by CulverCity-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.
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. Size of the investment was not announced. The company has a significant presence in India, with headquarters here in CulverCity.
CulverCity-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. READ MORE>>.
CulverCity-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.
CulverCity-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. READ MORE>>.
CulverCity-based Maker Studios , which develops YouTube channels and content, said today that it has raised $36M in a funding round. The investment was led by Time Warner Investments, and also included Greycroft Partners, Downey Ventures (Robert Downey, Jr.) and Jon Landau (Avatar). READ MORE>>.
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>>.
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.
CulverCity-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>>.
CulverCity-based ALL DEF DIGITAL , a startup which says it will be delivering comedy, music, news, poetry and innovative artistry to consumers, has raised $5M in a funding round, the company said late Wednesday. As part of the funding, Greycroft''s Mark Terbeek joins the company''s board of directors.
Maker Studios, leading YouTube producer, generating hundreds of millions of video views every month [Los Angeles, near CulverCity]. But if you were going to start a venture capital fund today, you’d want to stand out. Of course if you’re already known you could put your name or location on your fund name.
CulverCity-based Survios , a developer of virtual reality game titles, said this week that it has raised $50M in a Series C funding. The funding was led by MGM, and also included prior investors Lux Capital, Shasta Ventures, Danhua Capital, Shanda Holdings, Felicis Ventures and Dentsu Ventures. READ MORE>>.
CulverCity-based Clutter , which offers up "on-demand" self storage of your extra stuff, has raised $200M in a Series D funding, the company announced on Wednesday morning. According to Clutter, the Series D funding was led by SoftBank Vision Fund with participation from Sequoia, Atomico, GV, Fifth Wall and Four Rivers.
Purch , the online publishing company with offices in CulverCity that owns Tom's Guide, TopTenReviews, Laptop, and other online publications, has raised $135M in a Series C funding round. The funding was led by Canso Investment Council, and included both equity and debt.
Burbank-based Cast & Crew Entertainment Services , the provider of technology and payroll, and production management services for the entertainment industry, said on Monday that it has completed its acquisition of CulverCity-based CAPS Payroll.
CulverCity-based Dub Frequency Media (DFM), a marketing, public relations, and creative firm which focuses on millennials, has raised $9.0M in a funding round, part of an ongoing $10.97M funding effort, according to a regulatory filing by the company this week. READ MORE>>.
CulverCity-based NantKwest --until recently known as Conkwest--said today that it has launched an IPO effort, offering up 7,000,000 shares of its stock at between $20.00 Soon-Shiong took the stake in Conkwest back in December of 2014, investing $50M in a strategic funding in the company. and $23.00 READ MORE>>.
What they do, is accelerate that team or company to get them to the next level, and then go through and put in some investment money, help them build out the management team, and help with vendor relationships, help with overall strategy, and then help those companies riase their next round of capital. We actually are ideating internally.
94 new startups have launched since January 2013 to June 2013 and the startup ecosystem has raised $500 million in funding in 2013 so far. Be Great recognizes seven main startup points in Los Angeles: “Silicon Beach”, West LA, CulverCity, Pasadena, Orange County, South Bay, and Downtown LA.
For this morning's interview, we had a chat with Eli Portnoy , the CEO and founder of CulverCity-based Sense360 (www.sense360.com), Of course, you make new mistakes, although your second one, you've already learned lots of lessons about company building, team building, fund raising, and how to build a board.
Venture capitalist and hedge-fund manager Peter Thiel—PayPals co-founder and Facebook s. MSN Money Investing. Investment Land For Sale. Investing Tools. New York City Apartments. Venture capitalist and hedge-fund manager Peter Thiel—PayPals co-founder and Facebooks earliest investor—paid $11.5
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