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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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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. The company said the new funding will go towards accelerating the firm's nationwide expansion. READ MORE>>.

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GOGII Raises $15M

socalTECH

Marina del Rey-based GOGII , the social messaging firm headed by former JAMDAT founders Scott Lahman, Austin Murray, and Zack Norman, announced this morning that it has raised an additional $15M in a third round of funding. KPCB's funding came out of its Kleiner Perkins 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. The school said that applications for the first program will be accepted through Monday, April 22nd. READ MORE>>.

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Six Degree Games Gets $4.0M

socalTECH

Marina Del Rey-based Six Degree Games , the developer of online virtual worlds, recently raised $4.0M in new funding, according to regulatory and other sources. The firm's prior backers were Time Warner, Clearstone Venture Partners, and Prism VentureWorks; it's unclear who backed the firm in the latest funding.

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TextPlus Competitor Lands $280M From Alibaba

socalTECH

A direct competitor to Marina Del Rey-based free texting and phone service provider TextPlus said today that it has raised a huge, $280M funding round for its services. Silicon Valley-based Tango raised the giant funding round from Chinese company Alibaba, which reportedly valued Tango at around $1 billion.

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Six Degree Games Raises $4.0M

socalTECH

Marina Del Rey-based Six Degree Games , the developer of online virtual worlds for children, has raised another $4.0M in funding, according to a regulatory filing from the firm late Friday. No details on the funding have yet been announced by the company, which is run by Minard Hamilton. READ MORE>>.