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Cornerstone OnDemand Opens Up Incubator, Investment Fund

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Santa Monica-based Cornerstone OnDemand , the developer of talent management and human resources management software, is boosting its efforts to support the Los Angeles technology ecosystem, through the launch of its own incubator and investment fund. READ MORE>>.

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Launchpad LA Receives VC Funding: $50,000 Per Startup

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We have significant VC commitments (listed below) – every entering company will get $50,000 in funding, mentorship from top VCs and successful entrepreneurs plus free office space. Of these 19 have received funding (10 have received significant amounts of VC funding) and 5 have been acquired (2 for more than $30 million).

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Brighter.com, Jake Winebaum's Newest Startup, Gets $5M In Funding

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Santa Monica-based Brighter.com , an online site focused on helping consumers find and compare dentists, has scored $5M in a Series A funding. The new site--the latest from entrepreneur Jake Winebaum --said that the funding was led by Mayfield Fund.

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Siemer Ventures Backs Japanese Mobile Video Firm

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Santa Monica-based venture capital investor Siemer Ventures is one of the backers of a new, Japanese mobile video entertainment startup, Breaker. According to Breaker, it has raised $2M in a seed funding round, to help bolster its efforts to produce and distribute mobile video entertainment in Japan. READ MORE>>.

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upStart.LA Merges With Cross Campus

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Los Angeles business accelerator program upStart.LA , one of numerous startup acceleration and incubation efforts to start in the last year in Southern California, is merging with a startup in Santa Monica, Cross Campus. According to a note to supporters form upStart.LA Cross Campus was founded by Ronen Olshansky and others.

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Chewse Joins 500 Startups

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Silicon valley startup incubator program 500 Startups announced its latest batch of startups Wednesday, with a surprise: a local, Santa Monica firm among the fifth batch of companies being backed by the accelerator. Chewse was founded by Tracy Lawrence and Jeff Schenck. Schenck was formerly at Adly.

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Clearstone Gets Another Win With Ankeena

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Santa Monica-based Clearstone Ventures appears to be on an exit roll this month, with the acquisition Thursday of Ankeena Networks , a supplier of software for content delivery networks. Clearstone's Sumant Mandal sits on Ankeena's board of directors.