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Santa Monica Tech Community Grows, As Another Tech Law Firm Sets Up Shop

socalTECH

High tech startups--and the service providers who serve the industry--are continuing to cluster along Santa Monica's Third Street Promenade, as Stubbs, Alderton & Markiles LLP , one of the Los Angeles legal firms focused on the high tech market, announced a grand opening date for a new office on the 3rd Street Promenade.

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What Mattered in 2012: Paul Bricault, Amplify LA

socalTECH

For the last week of the year, we're featuring the thoughts and reflections of some of the movers and shakers of Southern California's high tech community. Paul Bricault is Managing Partner at Amplify LA (Www.amplify.la), a hands-on startup accelerator and co-working and community space in Venice. READ MORE>>.

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What Mattered in 2012: Kevin Winston, Digital LA

socalTECH

For the last week of the year, we're featuring the thoughts and reflections of some of the movers and shakers of Southern California's high tech community. See more insights from the Southern California high tech community in our continued series this whole week! READ MORE>>.

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NextSpace Expands Beyond California With New Funding, Chicago Acquisition

socalTECH

The coworking trend--which started in part in Southern California and its high tech startup ecosystem--looks to be spreading East, with news this week that NextSpace has raised $500,000 and acquired a Chicago company, to establish its first coworking site outside of California. READ MORE>>.

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Lawsuit Targets Snapchat Founders, Venture Investors

socalTECH

A new lawsuit, targeting Venice, California-based Snapchat --the hottest company to emerge out of the area''s high tech startup cluster in recent years--says that the company''s founders stole the idea for the company from him after forcing him out of the company early on in its history. READ MORE>>.

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Southern California Firms Get $587.0M In Venture Capital In Q2

socalTECH

Across the region, Los Angeles led in terms of dollars and deals, with $277.4M The biggest deal for the quarter was for Venice-based photo messaging app developer Snapchat , which raised a huge, $60M funding round in the quarter. invested across 45 companies. Orange County was second, with $161.9M billion invested), New England ($823.0M

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Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

Let me start with the obvious baseline that most people probably know instinctively: Los Angeles is the 3rd largest technology startup ecosystem in the US. They estimate that high-tech work contributes $108.3 And it wasn’t just Google Ad Words that originated in Los Angeles. LA By The Numbers.