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Santa Barbara-based TrackStreet , a developer of software to help manufacturers monitor their channel and e-commerce sites--and in particular, minimum-advertising-price (MAP) policies--has raised $2M in seedfunding, the company said Wednesday.
Los Angeles- and Palo Alto-based MaC Venture Capital has launched a new, $103M seed stage investment fund today, saying it plans to invest in technology startups across the fintech, e-commerce and marketplaces, interactive media, connectivity, enterprise SaaS, space and aerospace, logistics, and other sectors.
While it was a good year for our merger and acquisition practice in the SaaS and fintech space, our most exciting news is in our merchant banking sector where we invest in and advise growth companies often for several years. One of our SaaS companies made great strides with a new product. Two lessons learnedand relearned!
Some of the companies getting follow-on funding include digital adoption company Spekit, led by CEO Melanie Fellay, which announced a $45 million Series B in January, consumer goods app company Aforza and e-commerce company Swell. Swell takes in $20M to develop more adaptable headless commerce infrastructure.
Also, because of the internal dynamics of the talent pool, it effectively lead to more companies in the preponderant areas, which at the time were e-commerce, ad-tech, and disruptive media or media-related companies�such as game companies, companies that were in music, or companies related to the distribution of content.
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