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NanoH2O Lands $60M In Funding

socalTECH

El Segundo-based NanoH2O the developer of high efficiency, reverse osmosis membranes for seawater desalination, announced this morning that it has raised a total of $60M in equity and debt funding. According to the firm, it raised $40M in equity and $20.5M in credit facilities. NanoH2O is led by serial entrepreneur Jeff Green.

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Endpoint Raises $150 Million for Escrow Tech

L.A. Business Journal

El Segundo-based Endpoint Closing Inc., a digital title and settlement services company, scored $150 million in funding from First American Financial Corp., its parent company.

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Saviynt Raises $130 Million

L.A. Business Journal

El Segundo-based Saviynt Inc. raised $130 million in private equity funding to grow its cloud-based identity security solutions, the company announced Sept.

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H1Z1 Pro League Shuts Down, Citing Funding Failures

L.A. Business Journal

Roughly two months after it was first reported that Patrick Soon-Shiong’s El Segundo e-sports arena was to house the H1Z1 Pro League, the League announced it will cease operations due to payment issues.

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International Rectifier Gets $100M In Credit Facility

socalTECH

El Segundo-based integrated circuit maker International Rectifier said this morning that it has raised $100M in four year, senior unsecured credit facility. The company said the facility will go towards working capital, acquisition, stock repurchases, and other general corporate use.

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Fuhu Finds Funding For Android Tablet For Kids

socalTECH

El Segundo-based Fuhu , which is developing an Android tablet specifically aimed at kids, has raised $10M in venture debt. The funding was announced by venture debt provider ORIX Ventures. Specific terms of the venture debt deal were not announced.

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DIRECTV, Panasonic Fund 3D Films

socalTECH

El Segundo-based satellite TV operator DIRECTV and consumer electronics firm Panasonic said Tuesday that the two will be funding six 3D films, as part of an effort to train filmmakers on 3D equipment.