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DollarShaveClub , the subscription razor delivery service headed by Michael Dubin, has raised $9.8M in a Series A funding. As part of the funding, the company said that David Pakman of Venrock joins the company's board of directors. DollarShaveClub is one of the company's spawned out of Science, Inc.,
Pasadena-based Calibrate Ventures , a brand new venture capital firm founded by Kevin Dunlap and Jason Schoettler, announced on Tuesday morning that it has raised $80M in its very first venture capital fund, Calibrate Ventures, L.P.
In another, stunning exit for Southern California's technology startup community, Los Angeles-based DollarShaveClub has been acquired from a reported $1 billion by Unilever. DollarShaveClub operates a subscription, razor and toiletries accessory business targeted at men. READ MORE>>.
Founded by some of the men responsible for the biggest hits in online marketing (like the DollarShaveClub commercial that launched what became a billion dollar acquisition ) think that its time to take technology where it’s never gone before — into targeted, direct mail campaigns using the best ad-targeting that money can buy.
the startup incubator headed by former MySpace CEO Mike Jones, is reportedly raising another $30M in funding to put towards its startups. According to a report this morning, the fund will also invest in non-Science incubated startups. science myspace scienceinc venture capital fundfunding' Science, Inc. ,
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. being funded. Recent investments: Fresh Dish , Urban Remedy , HelloInsights, TripleThread, DollarShaveClub.
founded by Michael Jones, Peter Pham, Gregory Gilman, and Tom Dare, appears to be launching efforts to raise a new fund. The firm already has an existing venture capital fund which invests in its portfolio companies. Santa Monica-based startup studio Science Inc. READ MORE>>.
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. in a funding round, which came from Maveron, Forerunner Ventures, and CAA Ventures. 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.
Brian Lee, CEO and Founder of The Honest Company, which has raised $222 million in VC funding. Mike Jones, Founder of Science, which has invested in some of LAs top startups, like DollarShaveClub. Adam Goldenberg, CEO and Founder of JustFab, an online subscription fashion thats raised $249 million in financing.
Every tech or major news journal in the country is preparing to write their Snap, Inc (creators of Snapchat, Spectacles, etc) stories and many of them seem to want a “How does it feel to have missed this investment story.” Another firm funded them. The story is Evan Spiegel and Bobby Murphy and the amazing team that supports them.
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.
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. According to Fortune, the funding came from private equity investor Silver Lake Waterman. READ MORE>>.
Garcetti has started a new nonprofit, Accelerator for America , which will help fund "innovation investments" around the U.S. Among the members of the new group's Advisory Council are DollarShaveClub CEO and Founder Michael Dubin, and Chamath Palhapitiya, the CEO of Social Capital. READ MORE>>.
Are you a startup looking to find funding in Southern California? It's often tough to figure exactly who the venture capital 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. Greycroft Partners - 10 deals.
in a funding round, which came from Science plus undisclosed angels. The investment is the first one announced since the successful acquisition of Science Inc. portfolio company DollarShaveClub, and appears to be the first publicly announced investment by Science Inc. since 2015.
But one tech news story stood out for me — the fact that LA-based DollarShaveClub (DSC) was sold to Unilever for $1 billion. Because I work so closely with video companies I’ve been very vocal with startups I’ve backed about the need to invest in high-quality video to help support a brand.
Judges include investors, VCs, and local successful CEOs including MyLife CEO Jeff Tinsley, and DollarShaveClub CEO Michael Dubin. billion was invested in Southern California start-ups with 220 new companies launching in Los Angeles. At least 100 companies secured funding of at least $1 million, and 43 were acquired.
Los Angeles-based Retina is using machine learning and artificial intelligence to figure out customer lifetime value (CLV) for such businesses as DollarShaveClub. We formed the company in 2017, and our first customer was DollarShaveClub. We received venture funding from Comcast Ventures and Crosscut.
Last week, Fika Ventures , LA's newest venture fund, announced its formation, led by tech investment veterans Tx Zhuo and Eva Ho. We sat down with Tx Zhuo to chat about the new fund, what investments it hopes to make, and what kind of entrepreneurs the fund is looking to invest in.
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. They had only one problem.
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