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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.
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.
In this special report, we've mined our extensive database of venturecapital. 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. Siemer Ventures. Tech Coast Angels.
Los Angeles-based CAA Ventures , the venturecapital arm of the Creative Artists Agency, has made an investment in a monthly delivery service focused on do-it-yourself (DIY) crafts. in a funding round, which came from Maveron, Forerunner Ventures, and CAA Ventures. READ MORE>>.
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).
Chicago-based venturecapital investor Pritzker Group VentureCapital 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.
Pasadena-based Calibrate Ventures , a venturecapital 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.
Venturecapital 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 venturecapital sean flynn silicon beach tigertext dollarshave zefr'
Los Angeles-based Retina has raised $2.5M The funding came from prior investor Crosscut Ventures. Retina's customers include DollarShaveClub. more in funding, the company announced on Tuesday. The company's CEO is Michael Greenberg. The company's CEO is Michael Greenberg. READ MORE>>.
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
The story are the early investors who had foresight to back them — Lightspeed, Benchmark, IVP, SV Angel, General Catalyst, etc. My job as a VC isn’t to beat myself up or any other partner up for the one deal we didn’t do. That’s a benefit for us as a local VC. Lightspeed, Benchmark, IVP, General Catalyst, SV Angel and others.
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 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 venturecapital private equity silverlake'
But one tech news story stood out for me — the fact that LA-based DollarShaveClub (DSC) was sold to Unilever for $1 billion. Frankly, it’s awesome to see a VC articulate a vision for the kind of company they would back in a given category. I really enjoyed reading his analysis of why he backed the company.
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>>.
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?
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 venturecapital funds are who are funding startups in the area. However, for members of socaltech.com, it's a click away with our real time analysis of venture funding flows. Local exits: DollarShaveClub, Telogis. Crosscut Ventures 6 deals. READ MORE>>.
It wasn’t so long ago that venturecapital 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.
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