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Casa Verde Capital Raises $45M Investment Fund

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West Hollywood-based Casa Verde Capital said this week that it has raised $45M in its debut, investment fund, which will specifically invest in the "ancillary cannabis" industry.

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LaserAway Snags Private Equity Investment

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West Hollywood-based LaserAway, an aesthetic dermatology business which offers laser hair removal, laser tattoo removal, laser skin rejuvenation services via a series of clinics, has scored private equity funding. According to the company, it raised funding from the Private Equity Group of Ares Management Corporation.

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Modern Animal Snags $75.5M For Veterinary Care

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in funding. The funding included both a $35.5M Series A funding, led by True Ventures, and a $40M Series B funding led by Founders Fund. The funding also included Upfront Ventures. According to the company, the funding will be used for rapid expansion, plus continued development of the company.

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Capsule Launches Digital Pharmacy In LA

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Capsule--a well funded, venture funded startup with more than $270M in funding and backing from TCV, Thrive Capital, and Glade Brook Capital, as well as local investors M13 and Ashton Kutcher's Sound Ventures--has expanded into Los Angeles, part of a big expansion push by the company.

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Geni Enhances Service

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West Hollywood-based family tree site Geni.com said Friday that the firm has made a number of updates to the firm's services. Geni is backed by Charles River Ventures and Founders Fund. Among the changes, the firm said that it has made two of the firm's "Pro" features--Statistics and Lists--free to all of its users.

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12Society Acquired By Quarterly

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West Hollywood-based 12Society , which operated a subscription-based, celebrity-driven gift delivery service, has been acquired by fellow Los Angeles gift subscription firm Quarterly. Quarterly is venture backed by Collaborative Fund, Initialized Capital, SV Angel, and True Ventures. READ MORE>>.

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Orbitera Gets $2M For Cloud Billing, Sales

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West Hollywood-based Orbitera , a developer of a cloud-based software product to help companies the sales of cloud-based software and services, including managing leads, trial subscriptions, billing, and operations, has raised $2M in a seed funding round. The company disclosed the funding Thursday. READ MORE>>.