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Venice, California-based DollarShaveClub , the subscription-based razor business led by Michael Dubin, has raised $75M in a new funding round, bringing the company's total raised to $150M. The funding came from Venrock, Technology Crossover Ventures, Forerunner Ventures, and Dragoneer, among others.
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.
We''re proud to announce the Socaltech 50 , our list of the 50, up-and-coming people in Southern California''s technology ecosystem. Michael Dubin , DollarShaveClub (Los Angeles, consumer subscription). Steven Cox , TakeLessons (San Diego, marketplace). Asher Delug , Airpush (Los Angeles, advertising).
Pasadena-based Calibrate Ventures , a venturecapital firm that says it invests in advanced technologies, has added two Venture Partners to the company. According to the firm, it has added Aime Leifer and Dan Murray to its team. and Overture. READ MORE>>.
During the holiday season, our tradition over the last few years has been to post reflections on the past year and some predictions from Southern California's "movers and shakers" in the technology industry. Are there any technology innovations, gadgets, devices, software, that particularly caught your eye in 2017.
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.
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 said that it will use the new growth funding to enhance its technology platform. READ MORE>>.
My job as a VC isn’t to beat myself up or any other partner up for the one deal we didn’t do. We are hugely appreciative of their successes because it’s helped grow technology talent in Los Angeles and some time down the line we know the “Snapchat Mafia” will be armed with millions of dollars and fund and create startups all over LA.
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?
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>>.
Every year, at the end of the year, we share some reflections on the past year from our readers, entrepreneurs, venture capitalists, sponsors, and others in the local technology community. www.science-inc.com), which has been behind such companies as DollarShaveClub, August Home, DogVacay, Hello Society, Playhaven, and many others.
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.
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