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Los Angeles Cleantech Incubator Gets $200,000 Grant, Eyes Investment Fund

socalTECH

The incubator effort looking to make Los Angeles a key part of the clean technology industry, the Los Angeles Cleantech Incubator (LACI) , announced this morning that it has received a $200,000 grant from the JPMorgan Chase Foundation, to help advance its program--and may even start its own investment fund. READ MORE>>.

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RapidEngage Acquired By QuestionPro

socalTECH

RapidEngage was founded by Daniel Marashlian, Sean Callahan, and Rodney Rumford, who also founded photo sharing app Plixi (TweetPhoto), which had been acquired by Lockerz in 2011. RapidEngage was one of the companies incubated at EvoNexus. Co-founder Sean Callahan was one of the 2013 socalTECH 50. READ MORE>>.

SoCalTech 185
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Centerfield Buys Business.com and Savings.com

socalTECH

domain and business was acquired by Purch back in 2016, having had a long history starting in 1999 in Santa Monica, when then startup incubator eCompanies paid $7.5M The acquisition of Business.com is just the latest saga in the business and domain name; the. for the domain name. eCompanies eventually sold Business.com to R.H.

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StartEngine Chalks Up 25 Companies Raising Funding Since Start Of 2017

socalTECH

Howard Marks was previously founder and CEO of Acclaim Games (now part of Walt Disney), and was co-founder of Activision; he created StartEngine with co-founder Ron Miller in 2011, initialy as a startup accelerator, and later transitioned the incubator into the online equity crowdfunding area. READ MORE>>.

Startup 124
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Science Inc. To Buy Social Bookmarking Site Delicious

socalTECH

the startup studio and incubator run by former MySpace CEO Michael Jones, has acquired longtime social bookmarking site Delicious , the company disclosed this morning. Delicious was previously owned by Steven Chen and Chad Hurley, the founders of YouTube, who had acquired Delicious from Yahoo back in 2011 via their company, Avos Systems.

Sites 150
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TechStar Co-Founder @BFeld: Are We Experiencing A Startup Accelerator Bubble?

InfoChachkie

In the past year, the number of startup accelerators and incubators across the US has grown faster than expansion league baseball. By mid-2011 he noted, “As seed accelerators have exploded in number world-wide, it’s become nearly impossible to keep this (Google Doc) working.” Probably not.

Startup 270
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Avalon Ventures Backs LoopIt

socalTECH

and is a spinout of Redstar Ventures, a venture incubator firm in Cambridge. Avalon--once known for its investments in early stage wireless and life science companies--has recently reinvented itself with a number of Internet and social investments, most notably, social gaming firm Zynga, which had its IPO in 2011. READ MORE>>.

Avalon 159