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Los Angeles-based DollarShaveClub , the subscription e-commerce startup led by Michael Dubin, has raised $50M in a Series C funding round, the company disclosed this morning. DollarShaveClub has now raised $72.8M The funding came from Technology Crossover Ventures. in total funding. READ MORE>>.
Los Angeles-based DollarShaveClub , the subscription razor delivery startup led by Michael Dubin, has upped its latest funding round to $90.7M, and is aiming at raising over $100M, according to a regulatory filing by the company. Details on the additional funding in the round were not annoucned.
Now, one of those Bay Area startups-- Eat Club --is taking that concept to Los Angeles, with the launch of its meal delivery service to Silicon Beach companies. Eat Club is backed by Trinity Ventures, and disclosed a $10M funding last week--in part, to expand its service to Los Angeles. READ MORE>>.
Recognizing the tens of billions of dollars that the Southern Californian region leaves on the table, because it hasn’t taken its rightful place in the American technology industry, a new group called the Alliance for Southern California Innovation has just released a report to analyze how SoCal can work to assume its pole position.
In this special report, we've mined our extensive database of venture capital. and angel investment deals in Southern California to reveal who really, is funding companies, so that local startups are armed with the best knowledge and intelligence to optimize their changes of. Tech Coast Angels. being funded. Science Inc.
Los Angeles-based Postie , a new startup focused on using machine learning and "quant marketing" to direct mail, said on Tuesday that it has raised $3.5M working on such companies as DollarShaveClub, DogVacay, MeUndies, Famebit and Hello Society. in a seed funding.
Angels Brian Lee (Honest Company, LegalZoom), Michael Dubin (DollarShaveClub), Tamim Mourad (PriceGrabber.com) and Andy Dunn (Bonobos) also participated in the funding. retargeting advertising analytics software capital venture science retention' The new funding was led by Upfront Ventures, and also included.
Los Angeles-based CAA Ventures , the venture capital arm of the Creative Artists Agency, has made an investment in a monthly delivery service focused on do-it-yourself (DIY) crafts. The Creative Artists Agency created a new venture capital fund--CAA Ventures I--in 2013, however, has been fairly quiet about the group''s activities.
Chance Barnett , Crowdfunder (Los Angeles, crowdfunding). Allison Beal , StyleSaint (Los Angeles, fashion). James Borow and Clark Landry (shared position), SHIFT (Los Angeles, Santa Monica, advertising). Josh Brooks , OnTheRunTech.com dba Post Cards On The Run (Los Angeles, mobile apps).
Los Angeles-based e-commerce marketplace Hello Music is launching a new service today, the Dollar String Club , which will deliver electric guitar strings to musicians, for as little as $1 a month on a subscription service. Hello Music is a portfolio company of Elevator Labs, which is backed by KGC Capital.
Chicago-based venture capital investor Pritzker Group Venture Capital announced this morning that it is expanding its efforts to invest in early stage companies in Los Angeles, and has moved partner Gabe Greenbaum to Los Angeles. Greenbaum had been based at Pritzker's home office in Chicago.
Los Angeles-based Retina, a startup that is using artificial intelligence for predicting customer lifetime value, said on Tuesday tht it has raised $8M in a Series A funding round. The funding came from Alpha Intelligence Capital and Vertical Venture Partners. Retina is led by co-founder and CEO Emad Hasan.
Los Angeles Mayor Eric Garcetti --who may be looking to a Presidential run in 2020--is launching a new nonprofit which looks to take his pro-innovation and pro-startup approach in Los Angeles, and takes it nationwide. Garcetti has gained a reputation in Los Angeles for his pro-growth and pro-startup efforts. READ MORE>>.
Upfront Ventures was created 20 years ago as one of the original VC funds in Los Angeles. Back then only 15% of our dollars were invested locally whereas today 50% of our dollars are invested in LA. Back then only 15% of our dollars were invested locally whereas today 50% of our dollars are invested in LA.
Los Angeles-based Retina has raised $2.5M Retina's customers include DollarShaveClub. more in funding, the company announced on Tuesday. The funding came from prior investor Crosscut Ventures. The company's CEO is Michael Greenberg. The company's CEO is Michael Greenberg. READ MORE>>.
Pasadena-based Calibrate Ventures , a venture capital firm that says it invests in advanced technologies, has added two Venture Partners to the company. She also is a board member at Broadly, and Calibrate says she is also an angel investor in a number of companies.
Michael has been behind such companies as HelloSociety (acquired by New York Times), FameBit (acquired by Google) and DollarShaveClub (acquired by Unilever). He is Los Angeles's most active angel investor with more than $2.5B He is Los Angeles's most active angel investor with more than $2.5B
Venture capital investment firm Shasta Ventures said Wednesday that it has promoted Sean Flynn --who has been key to that firm''s many investments in Southern California--to Managing Director. shasta ventures promotion executive venture capital sean flynn silicon beach tigertext dollarshave zefr' READ MORE>>.
Los Angeles based startup incubator/studio Science --which is behind such local startups as DollarShaveClub and DogVacay--has quietly raised $20M in a debt financing round, according to the companies. science startup incubator accelerator mike jones dogvacay dollarshave venture capital private equity silverlake'
Los Angeles-based startup studio Science Inc. in a funding round, which came from Science plus undisclosed angels. portfolio company DollarShaveClub, and appears to be the first publicly announced investment by Science Inc. According to Plowz & Mowz, it has raised $1.5M since 2015. READ MORE>>.
Los Angeles-based PlayVS , which is developing eSports infrastructure centered around creating an official high school eSports league, has raised $15M in a Series A funding. READ MORE>>.
Los Angeles-based subscription box service Quarterly , which develops unique gift boxes every three months from such influencers as Pharrell Williams, Bill Nye the Science Guy, and actress Rosario Dawson, has raised a round of funding and connected with Los Angeles-based Science Inc. Size of the investment was not disclosed.
It's often tough to figure exactly who the venture capital funds are who are funding startups in the area. Here are the venture firms who have been most active in SoCal (Santa Babrara - Los Angeles - Orange County - San Diego) in the last twelve months, based on the number of deals: 1. Local exits: DollarShaveClub, Telogis.
How do you take the energy of such successes as DollarShaveClub, Ring, Cornerstone Ondemand, and the many other local successes from the startup energy, and tap into the resources of local universities and research institutions?
The story are the early investors who had foresight to back them — Lightspeed, Benchmark, IVP, SV Angel, General Catalyst, etc. Lightspeed, Benchmark, IVP, General Catalyst, SV Angel and others. There will be more enormous successes in Los Angeles and it’s our job to get into enough of these.
Los Angeles-based Science Inc. The company's other acquisitions included the $1 billion acquisition of DollarShaveClub by Unilever, and the acquisition of HelloSociety by the New York Times. This is your third exit this year, including DollarShaveClub and HelloSociety.
It wasn’t so long ago that venture capital was a suburban California phenomenon. Los Angeles didn’t have much in terms of a real tech scene — and even San Francisco only had a few VCs or tech companies. Now, VC offices have sprung up in San Francisco, moving more of the investment energy up there.
(www.science-inc.com), which has been behind such companies as DollarShaveClub, August Home, DogVacay, Hello Society, Playhaven, and many others. He is one of Los Angeles' most active angel investors, with more than $2.5B We'll be featuring contributions all through the holiday season. READ MORE>>.
Crosscut Ventures has just announced their 3rd fund and clocking in at $75 million , which will be focused heavily on Los Angeles – FTW. This week Michael Dubin’s startup DollarShaveClub announced a $75 million funding round at a rumored $650 million valuation. LA has grown up a lot over the past 5 years.
What are you applying to this new fund from what you've learned investing in Los Angeles over the last few years? Tx Zhuo: There's more excitement around technology in Los Angeles in the last few years. Tx Zhuo: We've made three investments out of the fund so far, two in Los Angeles, and one in San Francisco.
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