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Postie Raises $3.5M To Apply Machine Learning To Direct Mail

socalTECH

Los Angeles-based Postie , a new startup focused on using machine learning and "quant marketing" to direct mail, said on Tuesday that it has raised $3.5M The startup was started by Dave Fink (CEO and co-founder of Postie) and Jonathan Neddenriep (CTO and co-founder), who both previously were at startup studio and incubator Science Inc.,

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Southern California needs to find its hub for it to develop its own tech ecosystem

TechCrunch LA

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.

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Science Inc. Gets $20M In Debt Funding, Grows To 150 People

socalTECH

Los Angeles based startup incubator/studio Science --which is behind such local startups as Dollar Shave Club 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>>.

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Reflections On 2017: Michael Jones, Science Inc.

socalTECH

Michael has been behind such companies as HelloSociety (acquired by New York Times), FameBit (acquired by Google) and Dollar Shave Club (acquired by Unilever). He is Los Angeles's most active angel investor with more than $2.5B He is Los Angeles's most active angel investor with more than $2.5B

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Announcing The Socaltech 50: Southern California's Up-and-Comers

socalTECH

Chance Barnett , Crowdfunder (Los Angeles, crowdfunding). Allison Beal , StyleSaint (Los Angeles, fashion). James Borow and Clark Landry (shared position), SHIFT (Los Angeles, Santa Monica, advertising). Josh Brooks , OnTheRunTech.com dba Post Cards On The Run (Los Angeles, mobile apps).

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Mike Jones of Science Inc, On Exits And Finding The Right Entrepreneurs

socalTECH

Los Angeles-based Science Inc. The company's other acquisitions included the $1 billion acquisition of Dollar Shave Club by Unilever, and the acquisition of HelloSociety by the New York Times. This is your third exit this year, including Dollar Shave Club and HelloSociety.