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Casa Verde Capital Raises $45M Investment Fund

socalTECH

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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Music Platform Stem Secures $10 Million in Funding

L.A. Business Journal

West Hollywood-based Stem Disintermedia Inc. has raised $10 million in a funding round led by Slow Ventures with follow on investment from Santa Monica-based Upfront Ventures and Aspect Ventures.

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12Society Acquired By Quarterly

socalTECH

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.

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LaughStub Takes On Comedy Ticket Sales, With Angel Backing

socalTECH

The firm--which the Tech Coast Angels revealed last week that it had funded in 2010--also has the backing of well known angel investor Paige Craig, who also sits on the firms advisory board. No details on the angel funding for LaughStub have been announced. The firm is headed by Scot Richardson. READ MORE>>.

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SocialVibe Raises $11.65M

socalTECH

West Hollywood-based SocialVibe , an online site which combines social media with support for brands and charities, has raised $11.65M in a Series C funding round, according to a regulatory filing by the firm Monday. No details on the funding have been announced by the company. READ MORE>>.

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Geni Extends Distribution Of Family Tree Posters

socalTECH

West Hollywood-based Geni.com , the online family tree and genealogy site, told its users Tuesday evening that it is now distributing its recently released family tree posters internationally. Geni is venture backed by Charles River Ventures and the Founders Fund, and was started by ex-PayPal founder David Sacks. READ MORE>>.

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Hutch Raises $10M Funding From Zillow

socalTECH

West Hollywood-based Hutch , the home interior design app developer led by Beatrice Fischel-Bock, has raised a $10M round of funding from Zillow Group , the company said this morning. As part of the funding, Zillow's Spencer Rascoff joins the company's board.