L.A.-Area Recipients of First-Quarter Venture Funding.
L.A.-Area Recipients of First-Quarter
Venture Funding
A total of 33 local companies succeeded
in obtaining venture capital investments
during the quarter ended March 31, 2001.
Company/Headquarters 1st-Qtr. Funding/Round
Archive Inc., Culver City N/A
B3 Corp., Burbank $15 million/1st
Boxo Inc. N/A
CarParts Technologies, El Segundo $18 million/3rd
Cyrano Sciences Inc., Pasadena $23 million/2nd
Dynamics Direct Inc., West Hills $12.5 million/4th
FiberSpace Inc., Culver City $12.1 million/1st
IBoost Technology Inc., North Hollywood N/A
IFILM, Hollywood $10 million/3rd
InnovICs, Los Angeles $7 million/2nd
In-Patient Consultants Mgmt., N. Hwd. $9.2 million/N/A
Integrated Micromachines, Monrovia $45 million/2nd
LowerMyBills.com, Los Angeles $7 million/2nd
Lynx Photonic Networks, Woodland Hills $30 million/mezzanine
MEMGen Corp., Torrance $11 million/3rd
Mysmart.com, Los Angeles $5.5 million/4th
Nanostream Inc., Pasadena $10 million/N/A
Natural HealthLink, Los Angeles $3 million/2nd
Neogent Inc., Long Beach N/A
NeTune Communications Inc., Culver City N/A
New.net, Pasadena N/A
OEWaves.com, Pasadena N/A
Ondax, Monrovia $7.5 million/3rd
Photobit Corp., Pasadena $25 million/2nd
Pictage Inc., Hermosa Beach $1.2 million/1st
Sameday.com, City of Industry $20 million/3rd
Sierra Monolithics Inc., Redondo Beach $14.2 million/1st
Tornado Development Inc., El Segundo $5 million/3rd
Umachines Inc., Pasadena N/A
VenServ Inc., Agoura Hills $6.2 million/2nd
VtoV Networks, Los Angeles N/A
WhatsHotNow.com, Marina del Rey $18 million/4th
X-Laboratories, Los Angeles $1.5 million/1st
Company/Headquarters Investors
Archive Inc., Culver City EDS Ventures
B3 Corp., Burbank Zilkha Capital Partners,
Wells Fargo, AOL Time Warner
Boxo Inc. Providential Holdings Inc.
CarParts Technologies, El Segundo St. Paul Venture Cap.,
@Ventures, Rho Mgmt.,
Barnard & Co., Investor AB Grp.,
Equity Vent.
Cyrano Sciences Inc., Pasadena Rustic Canyon Group,
Ridgestone Corp.,
Oak Investment Partners
Dynamics Direct Inc., West Hills Botticelli Venture Funds, Mofet
Venture Cap. Fund, Poalim Capital
Markets Tech, Polaris Venture
Capital, Eucalyptus
Ventures, Concord Ventures
FiberSpace Inc., Culver City J.P. Morgan Capital,
Morgenthaler Partners
IBoost Technology Inc., North Softbank Venture Cap,
Hollywood
Access Venture Partners,
Quest Capital Partnership
IFILM, Hollywood Axiom Vent., Eastman Kodak
Co., Sony Pictures Ent.,
Vulcan Vent., Baroda Vent., Yahoo
InnovICs, Los Angeles InterWest Partners
In-Patient Consultants Mgmt., N. N/A
Hwd.
Integrated Micromachines, Monrovia Invesco Private Cap.,
Adams Capital
Mgmt., SunAmerica Vent.,
Venture TDF, Cisco Systems
LowerMyBills.com, Los Angeles St. Paul Venture Capital,
eCompanies Venture Group, others
Lynx Photonic Networks, Woodland Van Wagoner Capital
Hills
Management, ADC
Telecommunications,
Enron Broadband Services,
Telesoft Partners, Infineon
Ventures, Morgan Stanley
MEMGen Corp., Torrance DynaFund Ventures, Atgherton
Venture Partners, Chevron
Technology Ventures, Draper
Fisher Jurvetson, Zone Ventures
Mysmart.com, Los Angeles Qwest Communications
International Inc.,
Hawk Holdings
Nanostream Inc., Pasadena Techno Venture Management,
AGTC Funds, Shamrock Capital
Natural HealthLink, Los Angeles Burrill Nutraceuticals Capital
Fund
Neogent Inc., Long Beach Saber Capital
NeTune Communications Inc., Culver IBM
City
New.net, Pasadena Santa Barbara Technology Group
OEWaves.com, Pasadena TL Ventures
Ondax, Monrovia Mellon Ventures, Alcatel
Ventures, Corning Innovation
Ventures, Gabriel Venture
Partners, AM Venture Partners
Photobit Corp., Pasadena Basler AG, Hitachi, Intel
Corp., Omron
Pictage Inc., Hermosa Beach Tech Coast Angels, Allbrook
& Co., others
Sameday.com, City of Industry Ignite Group, Accel Partners,
Idealab, Descartes Systems
Group, Putnam Internet Partners
Sierra Monolithics Inc., Redondo U.S. Venture Partners,
Beach
Storm Ventures, IBM
Tornado Development Inc., El GE Equity
Segundo
Umachines Inc., Pasadena Palomar Ventures, Acer
Technology Ventures, KLM
Capital Group, Intel Capital Group
VenServ Inc., Agoura Hills Warburg Pincus
VtoV Networks, Los Angeles N/A
WhatsHotNow.com, Marina del Rey Thomas H. Lee Putnam Internet
Partners, Citibank
Ventures., GE Equity
X-Laboratories, Los Angeles Arcturus Capital, others
Company/Headquarters Core Business
Archive Inc., Culver City Provides information
management services
B3 Corp., Burbank Markets a business-to-business
e-commerce platform
Boxo Inc. Manufactures and distributes
consumer electronic products
CarParts Technologies, El Segundo A supplier for the automotive
aftermarket
Cyrano Sciences Inc., Pasadena An electronic nose and sensory
information software company
Dynamics Direct Inc., West Hills Produces custom technology for e-
marketing campaigns
FiberSpace Inc., Culver City Produces low noise laser
transmitter technology
IBoost Technology Inc., North Provides the tools and
Hollywood
content to build,
promote and manage Web sites
IFILM, Hollywood Film portal and directory
InnovICs, Los Angeles Provides wireless data receivers
In-Patient Consultants Mgmt., N. Designs hospital information
Hwd. systems
Integrated Micromachines, Monrovia Manufacturers optical switches and
cross-connect solutions
LowerMyBills.com, Los Angeles Provides online bill paying
services
Lynx Photonic Networks, Woodland Develops optical
Hills
communications switching
modules and sub-systems
MEMGen Corp., Torrance Develops technology for the
manufacturing of
microscale devices
Mysmart.com, Los Angeles Produces mouse pads that features
smart card as well as
one-touch Internet buttons
Nanostream Inc., Pasadena Designs prototypes and
manufacturers
microfludic systems
Natural HealthLink, Los Angeles Online medical services company
Neogent Inc., Long Beach Creates solutions for
wide range of Internet
and wireless applications
NeTune Communications Inc., Culver Provider of broadband digital
City
satellite services
New.net, Pasadena Domain name registry
OEWaves.com, Pasadena Develops fiber-optics, wireless
networks and highbandwith
communications systems
Ondax, Monrovia Develops optical communication
components
Photobit Corp., Pasadena Supplier of CMOS image sensors
Pictage Inc., Hermosa Beach Vertical service provider for
photographers
Sameday.com, City of Industry Designs and manufacturers
software
Sierra Monolithics Inc., Redondo Developer of integrated circuits
Beach
Tornado Development Inc., El Develops products for the
Segundo
unified messaging market
Umachines Inc., Pasadena Provides applications for
the optical networking field
VenServ Inc., Agoura Hills Provider of web-based product
financing solutions
VtoV Networks, Los Angeles Provides equipment to monetize
video content over the Internet
WhatsHotNow.com, Marina del Rey Designs online stores
X-Laboratories, Los Angeles Technology developer
N/A - Not Available
Source: GrowthInk Inc.
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