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AuctionPoint Gets Investment From MySpace Co-Founder

socalTECH

Marina del Rey-based AuctionPoint , which operates an online auction service for commercial real estate, said today that it has received a strategic investment from Tom Anderson, co-founder of MySpace. AuctionPoint said that Anderson joins its board of advisors as part of the investment. READ MORE>>.

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Lucidity Announces $5 Million Funding Round

L.A. Business Journal

Marina del Rey advertising blockchain firm Lucidity (an affiliate of KR8OS Inc.) 15 it completed a funding round of $5 million in total, comprised of investments from six venture capital firms. announced Aug.

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Armata Pharmaceuticals Gets $7.0M Investment

socalTECH

Marina Del Rey-based Armata Pharamceuticals, a biotechnology company developing therapeutics for antibiotic-resistant and difficult-to-treat bacterial infections, said it has received $3.0M in an equity investment from the Cystic Fibrosis Foundation (CF Foundation).

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Cooking.com Gets $13.5M

socalTECH

Marina del Rey-based Cooking.com has raised $13.5M in a debt and preferred equity round of funding, according to investment firm BIA Digital Partners II, LP. The funding will go towards growth of the company's flagship site, as well as build out of its e-commerce and enterprise products.

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Amazon Alexa Fund Backs USC Viterbi Startup Garage

socalTECH

The USC Viterbi Startup Garage , the startup accelerator that is part of the University of Southern California, has scored backing from the Amazon Alexa Fund , the venture investment arm of Amazon that invests in startups using Amazon Alexa. Financial details of the investment by the Amazon Alexa Fund were not announced.

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Gogii Raises $8.2M

socalTECH

Marina del Rey-based Gogii , a developer of text messaging applications, said Thursday that it has raised $8.2M in a Series B investment round. Gogii's initial funding came from Kleiner Perkins' iPhone investment fund, iFund. READ MORE>>.

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USC's Startup Accelerator Targets 10 Companies, Starts In May

socalTECH

The startup accelerator will actually based based at USC's Information Sciences Institute in Marina Del Rey. READ MORE>>.