socalTECH

AUGUST 14, 2014

AuditFile , a developer of cloud-based auditing software for CPAs, has raised $3M in a funding round, the company said Thursday. The funding came from Banneker Ventures, Tim Draper, Nas Draper, as well as other angel investors. The company now has its headquarters in San Francisco. READ MORE>>.

UCLA 170

UCLA Draper Software SaaS 170

socalTECH

OCTOBER 23, 2018

Irvine-based Enevate , which develops lithium-ion battery technology, said today that it has added South Korean battery manufacturer LG Chem as an investor. According to Enevate, LG Chem participated in its recently anounced funding round. Size of the investment by LG Chem was not announced. READ MORE>>.

Funding 133

Funding Draper Mission Ventures Capital 133

socalTECH

NOVEMBER 10, 2010

more in funding. The funding came from Draper Fisher Jurvetson, Tenaya Capital, and Draper Fisher Jurvetson Growth Fund. The company said the new funding will go to grow its operations, aggressively build out its product assortment, and to further develop its personalization technology.

MyShape 162

MyShape Draper Web Los Angeles 162

socalTECH

JANUARY 25, 2011

San Diego-based Genomatica , a firm developing sustainable chemical products using renewable feedstocks, has raised $21.25M in additional funding, according to numbers released in the recent PricewaterhouseCoopers/NVCA MoneyTree report. No details on the new funding have been disclosed by the firm. READ MORE>>.

Draper 164

Draper San Diego Web Report 164

socalTECH

FEBRUARY 11, 2011

MyShape had raised north of $36M in funding from such investors Draper Fisher Jurvetson, Lehman Brothers Venture Partners, Pasadena Angels, Tech Coast Angels, and Tenaya Capital.

MyShape 217

MyShape Tech Coast Angels Draper Pasadena Angels 217

socalTECH

MAY 4, 2015

La Jolla-based NeuroVigil , a developer of brain monitoring tools and technology, said it has received a second financing round. Size of the funding was not disclosed. According to the company, the round was led by Howard Morgan, and also included Elon Musk, Tim Draper, and Draper Fisher Jurvetson and Zone Ventures.

Draper 100

Draper Funding Zone Ventures Seed Funding 100

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.

Culver City 140

Culver City Tech Coast Angels Draper Funding 140

socalTECH

SEPTEMBER 23, 2011

Prolacta has been developing processes which process human milk, and convert that into human milk fortifier which helps prevent medical issues often encountered by feeding premature babies with cow-based fortifiers. According to Prolacta, the National Milk Bank will recruit potential breast milk donors for Prolacta. READ MORE>>.

Arcturus 166

Arcturus Draper Monrovia Capital 166

socalTECH

JUNE 1, 2011

Both Howard Lindzon and Dave Samuel are joining the firm's board as part of the funding. Altly detailed its plans to create an alternative to Facebook last week, complaining in a lengthy manifesto from Shapiro that an alternative to Facebook was sorely needed due to privacy and other issues with the social networking site.

Veoh 174

Veoh Draper Seed Funding Venice 174

socalTECH

JULY 9, 2010

Craig Venter and funded by Draper Fisher Juvetson, Meteor Group, Biotechonomy LLC and Plenus, S.A., BP plc, and ACGT Sdn Bd, said this week that it has inked a deal with ExxonMobil Research and Engineering, to develop next generation biofuels using photosynthetic algae developed by the company.

Draper 178

Draper Research Funding Develop 178

socalTECH

JANUARY 26, 2015

Irvine-based Western Digital has backed the developer of semiconductor memory technology, as part of a strategic funding round. Everspin Technologies , which develops "magnetoresistive RAM"--aimed at use in such things at solid state storage--said this morning that it has raised $29M in a Series B funding round.

Develop 100

Develop Development Draper Venture Capital 100

socalTECH

DECEMBER 11, 2013

Santa Monica-based MomentFeed , which develops mobile marketing software which lets marketers understand correlate the activities of mobile users with the physical locations of those consumers, said this morning that it has raised $5.5M in a Series A funding round. MomentFeed is led by Robert Blatt. READ MORE>>.

Draper 167

Draper Social Media Santa Monica Venture Capital 167

socalTECH

JULY 8, 2009

El Segundo-based ZADSPACE , a stealth mode firm developing advertising related products or technology, has raised an additional $500,000 in funding, according to a regulatory filing from the firm, bringing its total fundraising to $1.91M. Details on the funding have not been released by the firm. READ MORE>>.

El Segundo 100

El Segundo Funding Draper Advertising 100

socalTECH

DECEMBER 12, 2012

Irvine-based Enevate , a developer of rechargeable lithium ion batteries, has raised $24M in a Series B funding, the company said this morning. The round came from CEC Capital, Tsing Capital, and Presidio Ventures, along with prior investors Mission Ventures and Draper Fisher Jurvetson. READ MORE>>.

Technology 153

Technology Draper Mission Ventures Capital 153

socalTECH

JULY 30, 2020

Santa Monica-based MomentFeed , which develops software used by retail brands for optimizing mobile and proximity searches, has raised $10M more in funding, the company said on Thursday. The funding was led by Level Equity, and also included Signia Venture Partners, Draper Nexus, and DFJ Frontier, all prior investors.

Software Review 157

Software Review Draper Santa Monica Google 157

socalTECH

MARCH 25, 2010

San Diego-based Genomatica , a developer of chemical processes based on bio-manufacturing, has raised $15M in a Series C funding round, the firm announced today. According to the firm, the new funding was led by TPG Biotech, and also included prior investors Mohr Davidow Ventures, Alloy Ventures, and Draper Fisher Jurvetson.

Draper 150

Draper San Diego Venture Capital Funding 150

socalTECH

AUGUST 12, 2013

which is behind the younity personal cloud service, announced this morning that it has raised $3.545M in a seed funding round. Younity, which is headed by Erik Caso , develops a personal cloud service which lets users store their personal files and media libraies, including iTunes accounts, photos, videos, playlists, and more.

Media 157

Media Draper Santa Monica Seed Funding 157

socalTECH

APRIL 19, 2012

San Diego-based Qualcomm is backing a developer of mobile video chat services, Tango , via its Qualcomm Ventures arm, the two companies announced today. Tango develops a video chat service which lets users conduct video chats with their Apple iPhone or Android smartphone, and also provides free phone calls and video messaging.

Services 145

Services Draper San Diego Mobile 145

socalTECH

MARCH 1, 2011

San Diego-based Genomatica , a developer of sustainable chemical technology, announced today that it has raised another $45M in funding. The firm said the funding was led by VantagePoint Venture Partners; Bright Capital, a Russian venture investment firm; and Waste Management.

Draper 140

Draper San Diego Funding Capital 140

socalTECH

MAY 4, 2010

Arcadia-based Siimpel , a developer of micro-electro mechanical systems (MEMS) based cameras, has been acquired by Tessera Technologies , Tessera announced Tuesday afternoon. The deal was worth $15M in cash. Siimpel was founded in 2000, and had 42 employees, as well as a stable of 65 patents and patent applications.

Arcadia 145

Arcadia Zone Ventures Draper Patents 145

socalTECH

FEBRUARY 9, 2011

San Diego-based Genomatica , a developer of renewable chemical production technology and processes, has inked a strategic joint development agreement with Waste Management , the firms announced this morning. Waste Management is one of the biggest waste hauling and recycling firms in North America. READ MORE>>.

Research 154

Research Draper San Diego Technology 154

socalTECH

FEBRUARY 5, 2013

Ribbon, the developer of a social commerce platform which lets users list items for sale, distribute that through their social networks like Facebook , and accept credit card payments--said today that it has raised $1.6M in a seed funding round.

Draper 164

Draper Seed Funding Commerce Social Network 164

socalTECH

JUNE 14, 2011

San Diego-based Genomatica , the venture-backed developer of sustainable chemical technology, said this morning that it has achieved demonstration-scale fermentation using its process, on schedule. to Genomatica to further develop its technology. READ MORE>>.

Draper 140

Draper San Diego Design Technology 140

socalTECH

FEBRUARY 28, 2018

According to Phunware , a developer of mobile application lifecycle management software, it has been acquired by Stellar Acquisition II , which is listed on the NASDAQ Stock Market. Stellar is a so-called "blank check acquisition company" specifically designed to for reverse mergers.

Draper 153

Draper Acquisition Entertainment Mobile 153

socalTECH

NOVEMBER 4, 2015

The funding was led by IA Ventures, and also included Two Sigma Ventures, Draper Associates, Great Oaks VC, Slow Ventures, Karlin Venture, Elad Gil and David Lee. Verge Genomics , a biopharmaceuticals startup founded by scientists out of UCLA, said Tuesday that it has raised $4M in a seed financing round.

UCLA 100

UCLA Seed Funding Draper Funding 100

socalTECH

MAY 9, 2012

EdenIQ , the spinout of San Diego-based Altra Biofuels , the developer of biofuels processing technology, has scored $30M in new venture capital funding, the company said today. Both KPCB and Angeleno Group are also investors in Altra Biofuels. EdenIQ is based in Visalia.

Draper 133

Draper San Diego Equity Venture Capital 133

Both Sides of the Table

MARCH 18, 2010

Help these companies get funded and let them know that if they stayed in LA there was an ecosystem to support them. I set out some simple objectives, picked 13 startup CEO’s, planned a series of events, spent time personally trying to coach people through their fund raising processes and waited to see where it went.

Technical Review 259

Technical Review Venture Capital Southern California Tech Coast Angels 259

socalTECH

DECEMBER 6, 2022

El Segundo, California and Austin, Texas-based Slingshot Aerospace announced this morning that it has raised $40.85M in a funding round, a Series A2 funding. The funding also included additional venture loan funding from Horizon Technology Finance.

El Segundo 113

El Segundo Draper Equity Funding 113

socalTECH

MARCH 2, 2009

Arcadia-based Siimpel Corporation , which is developing MEMs-based components for mobile cameras, announced Monday afternoon that the firm has raised an additional round of investment from LG Innotek. Siimpel develops MEMs modules which are used to design higher quality, mobile phone cameras. READ MORE>>.

Arcadia 124

Arcadia Invest Zone Ventures Draper 124

socalTECH

AUGUST 2, 2012

San Diego-based renewable chemicals developer Genomatica has dropped its IPO plans, according to a regulatory filing by the company this morning. Genomatica is venture backed by TPG biotechnology Partners, Mohr Davidow Ventures, VantagePoint Venture Partners, Alloy Ventures, Draper Fisher Jurvetson, WM Organic Growth and others.

Draper 113

Draper San Diego Organization Capital 113

socalTECH

AUGUST 2, 2010

Los Angeles-based MyShape , which develops a personalized shopping site for women's apparel, said today that it has named Mercedes De Luca as CEO of the firm. In addition to De Luca, the company said it has appointed Rocky Hansler as Senior Vice President of Marketing, and Loree Lash-Valencia as Senior Vice President of Business Development.

MyShape 133

MyShape Tech Coast Angels Chief Technology Officer Draper 133

socalTECH

JUNE 16, 2020

Los Angeles-based UNest , which develops a mobile app to help parents with financial planning as well as college savings, has raised $9M in a funding round, the company said Tuesday. The funding came from Anthos Capital, Northwestern Mutual Future Ventures, Artemis Fund, Draper Dragon and Unlock Ventures.

Draper 113

Draper Los Angeles Mobile Funding 113

socalTECH

FEBRUARY 23, 2017

Santa Monica-based MomentFeed , which develops software that helps multi-location, retailers and brands better understand and interact with customers, has raised $16.3M in new funding, the company said this morning. The funding was led by Level Equity, and also included Signia Venture Partners, Draper Nexus and DFJ Frontier.

Draper 113

Draper Santa Monica Equity Sales 113

socalTECH

NOVEMBER 29, 2016

San Diego-based TicketSauce , a developer of private label event management software, has raised $2.5M in a Series A funding, the company announced this morning. The funding was led by Draper Frontier Opp & Tech Fund. The company said the funding goes towards sales and marketing.

Software 100

Software Draper San Diego Organization 100

socalTECH

JANUARY 31, 2019

Westlake Village-based Avinew , a new startup looking at developing auto insurance for the autonomous vehicle market, has raised $5M in a seed funding round, according to the company. The funding was led by Crosscut Ventures, and also included American Family Ventures, Draper Frontier, and RPM Ventures. READ MORE>>.

Westlake Village 113

Westlake Village Draper Seed Funding Activity 113

socalTECH

OCTOBER 25, 2018

Santa Monica-based private equity investor Clearlake Capital is the lead investor in a strategic funding round this week for Cleveland, Ohio-based OnShift , a developer of human capital management software for the long-term, post-acute care market. OnShift said the new funding will go towards accelerating its growth strategy.

Santa Monica 113

Santa Monica Capital Invest Draper 113

socalTECH

SEPTEMBER 25, 2009

Hawthorne-based SpaceX , the firm which is developing commercial space launch rockets, said Friday that it has successfully demonstrated a component on the NASA STS-127 shuttle mission. SpaceX--which is headed by Elon Musk--is venture backed by the Founders Fund and Draper Fisher Jurvetson. READ MORE>>.

SpaceX 133

SpaceX Draper Outsource Development Hawthorne 133