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Clapit Raises AU$2.57M

socalTECH

Los Angeles- and Sydney, Australia-based Clapit , a startup developing a social media crowdsourcing app, said it has raised AU$2.57M ($1.94M US), to bring its mobile app to market. The seed funding came from Australia angels Mark Moran and Paul Siderovski. Clapit, which says it is based in Sydney and has its U.S. READ MORE>>.

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Bitium Raises $2.4M

socalTECH

Venice Beach-based Bitium , a new startup out of LA''s Amplify accelerator, announced this morning that it has raised $2.4M in a seed funding round.

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CrossCut Ventures Raises New, $75M Venture Fund

socalTECH

Venice, California-base CrossCut Ventures , one of the region's earliest believers in the potential of Silicon Beach startups, has raised a new, $75M fund, the firm announced this morning. Managing Directors of the new fund are Rick Smith, Brett Brewer, and Brian Garrett, along with new addition Clinton Foy. READ MORE>>.

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How to Out Amazon, Amazon

Both Sides of the Table

This is true whether it’s physical products or media products. Think about the tension between media companies and cable operators like last year when Viacom threatened to pull Nickelodeon, Comedy Central, MTV, BET, etc. This is an age-old marketplace tension where leverage often determines the value captured.

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Putting the Pedal to the Metal at Amplify

From the Venture Trenches

For the first three months of this year, I have had the pleasure of breathing the same air as the crew from Amplify , the Venice based accelerator. As a member of NextSpace I have witnessed Amplify in operation and it is a shop that definitely believes in good rewards stemming from hard work.

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Amplify LA's Paul Bricault On Startup Accelerator Lessons, Five Years Later

socalTECH

Venice-based Amplify LA (www.amplify.la) is celebrating its fifth anniversary as a startup accelerator here in the Los Angeles area � one of the few in the area to have survived in more or less original form after the launch of a number of startup incubators and accelerators five years ago.

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Taylor Freeman of UploadVR on Building a Passionate Culture for Good

Tech.Co

Taylor started pushing out content through social media and share what was happening in the industry. The company caught the attention of investor from China and secured a seed-funding round around $1.5 And UploadVR was born. Taylor then set up shop in San Francisco to further his mission.

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