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ElSegundo-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.
Anyone looking for signs that the economy is turning around, might want to look at what appears to be happening in Southern California's technology jobs market. Tags: angeles employment jobs technology california southern. However, she confirms that potential employees are harder to find. Why the disconnect?
ElSegundo-based Fetch Technologies , a firm which develops software for aggregating data from web sites, said Tuesday that it has raised $4.6M in a Series B funding round. The firm's technology is based on research from the University of Southern California's Information Sciences Institute. READ MORE>>.
ElSegundo-based Fetch Technologies , the developer of data aggregation and analysis software which was a spinout of USC's Information Sciences Institute, has been sold to New Jersey-based Connotate. Fetch Technologies was advised by Siemer & Associates in the sale. Fetch Technologies had raised at least $5.7M
JumpStartFund , which is based in ElSegundo, opened up its service this morning to help use the wisdom of the crowd to move ideas, patents, and research from individuals, federal research labs, universities, and research organizations to the market. The site combines the crowd-voting aspect with crowd-funding elements, as well.
ElSegundo-based CUJO AI , a developer of artificial intelligence-based cybersecurity software for telecom network operators, has raised a round of growth capital from KPN Ventures, the company said this morning. According to CUJO AI, the new funding will go towards expanding and accelerating its international growth.
ElSegundo-based NanoH2O , the UCLA spinout which is developing reverse osmosis membranes for water desalination, has raised $14.87M as part of an ongoing, $30.6M No details of the funding have been announced by the company yet. fundraising effort, according to a regulatory filing from the firm. READ MORE>>.
ElSegundo-based NanoH2O , the water filtration technology spinout of UCLA, has raised $10M as part of an ongoing, $50M funding round, according to a regulatory filing by the firm today. No details on the funding have been announced yet by the company, which is headed by Jeff Green. READ MORE>>.
ElSegundo-based Dedicated Media , a provider of targeted online advertising, media services and lead generation technology, said Tuesday that it has secured $5M in a credit facility, from Wells Fargo's Technology and Venture Banking Group. The firm said the facility will go towards working capital and funding expansion.
ElSegundo-based JustFab , the fashion subscription site led by Adam Goldenberg and Don Ressler, announced Thursday morning that it has raised a gigantic, $76M in a funding round. The new funding for the site was led by Rho Ventures, and also included Matrix Partners, Technology Crossover Ventures, and Intelligent Beauty.
ElSegundo-based CUJO AI , a startup developing artificial intelligence software for detecting security attacks on consumer networking infrastructure, has raised a Series B funding round, the company said this morning. Size of the new round was not announced. The company is led by CEO Einas von Gravrock. READ MORE>>.
Ace Metrix , a provider of technology for television advertising analytics, said today that it has raised $8M in a funding round from WPP, Hummer Winblad Venture Partners, Leapfrog Ventures, and Palomar Ventures. The firm, which is headquartered in Mountain View, also has operations in ElSEgundo, and was founded in Los Angeles.
ElSegundo-based NanoH2O , the developer and manufacturer of reverse osmosis membranes for seawater desalination, has appointed Doug Barnes as the firm's Chief Operating Officer. NanoH2O is commercializing technology developed at UCLA for reverse osmosis. READ MORE>>.
ElSegundo-based Just Fabulous , a new startup spun out of Intelligent Beauty, the e-commerce firm headed by Don Ressler and Adam Goldenberg, said this morning that it has raised $33M in a Series A funding round, for its "fashion styling" and fashion site. JustFab is focused on monthly delivery of shoes and handbags.
ElSegundo-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>>.
ElSegundo-based Zadspace , a provider of technology which prints advertising on mailing labels and packaging, has raised $4.2M in a funding round, according to details released via last week's PricewaterhouseCoopers and NVCA MoneyTree report. Details on the funding have not been disclosed by the company.
ElSegundo-based Geosemble Technologies , a developer of geospatial data integration and mapping software, said today that it has received a strategic investment from In-Q-Tel, the venture capital arm of the CIA. Tags: geosemble technologies inqtel venture capital mapping. Size of the investment was not disclosed.
ElSegundo-based Wyle , a provider of systems engineering, testing, and information technology services, said today that it has agreed to acquired CAS, Inc. , The firm said the acquisition will be funded by approximately $20M in equity from Court Square Capital Partners, plus approximately $200M in incremental debt.
ElSegundo-based BridgeCo , a developer of semiconductors for the home entertainment market, announced Friday that it has raised $7.5M in a new round of funding. BridgeCo said the equity funding will go to accelerate technology development, as well as to expands its partner program.
ElSegundo-based NEOGOV , the developer of human resources automation software for the public sector, has raised a round of growth equity from private equity investor Warburg Pincus. NEOGOV, which is led by Damir Davidovic, was founded in 2000, and has not previously received institutional funding. cities, and 20 states.
Irvine-based cybersecurity software developer Cylance and ElSegundo-based devuce security software developer CUJO AI are in a partnership aimed at the connected home, the two said today. The two said that many network operators are relying on "legacy technology" which does not meet the needs of customers. READ MORE>>.
ElSegundo-based Accordent Technologies , which provides a platform for corporate webcasting, said today that it has been selected by mutual fund firm American Century Investments.
ElSegundo, 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.
ElSegundo, California- and Austin, Texas-based Slingshot Aerospace , a developer of situational awareness technology that brings together imagery and data from satellites, drones, airplanes, and other sensors, has raised $8M in its Series A funding, the company said this morning. in funding. READ MORE>>.
ElSegundo-based consumer rewards program operator Prodege , led by longtime SoCal technology veteran Chuck Davis, said Monday morning that it has acquired Upromise , the popular college education-saving rewards business which was owned by SLM Corporation (Sallie Mae). Financial terms of the acquisition were not announced.
ElSegundo-based Phase Four, a space startup which is creating satellite thrusters which use radio-frequencies for propulsion, said it has raised $26M in a Series B funding round. The funding was led by New Science Ventures. The company says its technology has been launched on multiple, commercial small satellites.
ElSegundo-based Zadspace , a stealth mode firm developing advertising technology, has quietly raised $1.40 in Series A venture funding. The funding came from DFJ Frontier, Crosscut Ventures and Gideon Hixon Fund. Crosscut Ventures also participated in the funding, which was not noted by PEHub.
ElSegundo- and Austin-based Slingshot Aerospace says it has named a Board of Advisors, which will provide it with counsel, advice, and support. Slingshot is venture backed by ATX Venture Partners, Revolution's Rise of the Rest Seed Fund, Techstars Ventures, and Okapi Venture Capital, along with others.
In the Los Angeles startup world, there are lots of high profile, buzzy companies which have lots of attention and funding--but which haven''t earned a dime of revenue. There''s lots of technology development behind what you do - can you talk about that? It sounds like you''re completely boostrapped.
Last week, ElSegundo-based Accordent Technologies , a developer of webcasting and presentation services and software, was acquired by Polycom, in a $50M deal. They had been slowly building their technology and growing customers, and it was a very much break-even type of business. Are you still investing out of that fund?
For a couple of years, I was the head of a boutique software consulting firm based in ElSegundo. As we got out to visit doctor''s offices, and saw the technology, it seemed like they were ten years behind. that has really yet to be transformed and disrupted by technology. It''s the last major, huge industry in the U.S.
Behzad Kianmahd is the co-founder of Los Angeles coworking space Cross Campus , which is one of the major centers of startup activity in Silicon Beachand also involved as co-founder and lead investor in a brand new, venture capital fund, TAU Ventures (www.ideasimmersion.com/tau-ventures/). Behzad Kianmahd: There's a bit of a history there.
ElSegundo, CA based JumpStarter Inc., a crowd-powered platform that gives accredited investors access to exclusive deal flow and technology transfer opportunities has launched in beta its crowd-powered portal for startups, JumpStartFund. Get feedback, collaborate and get funded.
During the holiday season, our tradition over the last few years has been to post reflections on the past year and some predictions from Southern California's technology industry. Technology investing is the best job in the world, but it can be fraught with failure. Things seem to be moving faster in technology than ever before.
Last week ElSegundo-based Wpromote acquired fellow marketing agency Standing Dog, in a deal which brings the company to 260 employees, and continues to grow the company. Our clients are everyone from fast growing, freshly funded startups, to the Fortune 100.
Earlier this month, his latest startup, ElSegundo-based Morphlabs announced it had raised a Series B funding worth $5.5M. It's nice to see us covering all of these cloud-enabling types of technologies in Southern California for a change. earlier this year, and then got it funded, raising about $5.5
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