Xirrus funding nears $80M mark
Thousand Oaks-based Xirrus has raised $18.4 million in venture capital, bringing its total funding to date to nearly $80 million. Founded in 2004, Xirrus makes high-powered wi-fi equipment designed to be robust enough to replace wired networks in places like colleges and corporate office buildings. The most recent $18.4 million was part of a $25.3 Read More →
Eucalyptus raises $30M in venture capital
Eucalyptus Systems has raised $30 million in fresh venture capital from the same firm that funded Netflix and Twitter, bringing the Goleta-based cloud computing software company’s total capital raised to date to $55.5 million. Eucalyptus was founded in 2009 by a team of computer scientists led by UC Santa Barbara professor Rich Wolski. It makes Read More →
Sientra funding rises to $151M
Sientra, the Santa Barbara breast implant company that recently received the first FDA approval in several decades for new implants for the U.S. market, has closed a $65 million funding round, bringing its total capital raised to $151 million. The lead investor on the private equity deal was London-based life sciences fund Abingworth. Sientra’s existing Read More →
InTouch scores $6M investment
Goleta-based InTouch Health, a telemedicine robot maker, has received an investment of $6 million from iRobot. InTouch’s telemedicine robots allow doctors to examine patients and prescribe drugs remotely. The company, which has signaled that it intends to go public, received its last round of funding in a $10 million private placement in 2010. In July, Read More →
Panel tackles startup funding
There’s less venture capital to start technology businesses, and most of it is being crammed into existing firms rather than raw startups. But for new entrepreneurs who have a viable product in a large market with the team that can make it happen, there are as many opportunities as ever to get started and get Read More →
Zooming into a fresh model: Westlake Village firm has new funding, strategy, CEO
Zumbox, the Westlake Village company working on a digital mail system tethered to physical addresses, has a new $9.7 million round of funding, a new CEO with a track record of success and a new business model that doesn’t depend on electronic junk mail. Zumbox is a tech startup that came out of stealth mode Read More →
