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IVP: We Love LA, So We Invested In Snapchat

socalTECH

A lot of heads turned Monday after Venice-based Snapchat , the instant-photo messaging service known for its self destructing chats, announced a huge, $60M round at a huge valuation. Why did lead investor IVP invest in what most local investors shied away from? snapchat venture capital investment valuation jamdat' READ MORE>>.

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LA-based Maslo pivots to professional services, launching an AI product for executive coaching

TechCrunch LA

When the Los Angeles-based startup Maslo launched its first product in early 2018 , the company was focused on a direct-to-consumer tool designed to encourage mindfulness and self-awareness through a machine learning enabled avatar that would respond to individual’s inputs.

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Maestro nets $15 million for its interactive commerce, community and engagement tools for livestreams

TechCrunch LA

Making money on livestreams has never been easier thanks to a suite of tools from the Los Angeles-based startup Maestro , which just nabbed $15 million in financing to grow its business. But what started in the gaming world quickly spun out as the company slashed prices to $500 per month for its services. ”

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MarketShare Partners Gets Investment From Elevation

socalTECH

Los Angeles-based MarketShare Partners , a provider of marketing analytics software said Wednesday afternoon that it has scored an investment round from Elevation Partners. According to MarketShare Partners, Elevation made a minority equity investment in the firm. Financial terms of the funding were not disclosed.

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LA-based gaming studio Scopely raises $200 million at a $1.4 billion valuation

TechCrunch LA

The Los Angeles-based mobile game development studio Scopely has become America’s newest unicorn thanks to a $200 million financing which values the company at a whopping $1.4 The new investment follows Scopely’s milestone of achieving more than $1 billion in lifetime revenue.

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FabFitFun raises $80 million for its growing lifestyle brand

TechCrunch LA

The Los Angeles-based company has steadily expanded its retail and lifestyle empire through subscription boxes, video… and even an augmented reality app. Last year the company crossed $200 million in revenue and managed to net over 1 million subscribers for the service.

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Startup Grind Turns the Tables on Mark Suster

Both Sides of the Table

” And at least I’ll draw the line at that point, and if it ever gets too close, I can always go back and work at Electronic Arts. [00:24:26] I want to build a great company, and I want to get you on my board for my new ridesharing service. That means I do one or two investments per year, and I see a lot.

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