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Electric Car Sharing Company Envoy Sets $11 Million Series A

L.A. Business Journal

Envoy Technologies Inc., a Culver City company that operates electric car sharing services has raised $11 million in funding.

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Maker Studios Acquired By Disney For $500M

socalTECH

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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TCA Funds Cognition Therapeutics

socalTECH

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

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Jukin Media Gets Strategic Funding

socalTECH

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

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. READ MORE>>.

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Pitching access management on the fly, Los Angeles-based Britive raises $5.4 million

TechCrunch LA

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. Those cloud technologies presented new challenges for the kind of privileged access management technologies that Poghosyan had developed.

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Prime Focus Technologies Gets Private Equity Investment

socalTECH

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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