Clean Diesel Technologies has raised $6.9 million in a sale of common stock and warrants. The Ventura-based auto emissions technology firm said it sold about 2 million shares and warrants in a direct offering. The proceeds will be used for “general corporate purposes.”
Santa Barbara-based inbound call technology firm Invoca has added Salesforce.com to its investor roster and released a new voice intelligence technology to help its customers decode incoming calls. Invoca’s software lets marketers generate unique phone numbers for campaigns and then route and track the calls and sales that result. The company has raised more than Read More →
Carpinteria-based online learning company Lynda.com has purchased Compilr, a Canadian firm that runs a cloud-based platform for programmers to write and test code. Terms of the deal were not announced, but TechCrunch said people close to the transaction valued it at around $20 million. Last year, Lynda.com raised $103 million in its first round of Read More →
Maverick Angels, the Westlake Village-based investor group co-founded by the late John Dilts, is disbanding but not disappearing completely. Founded in 2006, Maverick was a different take on the idea of an angel network. Like other networks, it was an association of individual accredited investors — it didn’t pool money, and members made their own Read More →
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San Luis Obispo-based Hortau, a company that makes cloud-based irrigation control systems for farmers, has raised $3.5 million in financing from Avrio Capital.