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One Kings Lane Snags Chief Technology Officer From Zappos

socalTECH

One Kings Lane , the online, home furnishings flash sales site which splits its operations between San Francisco, Los Angeles, and New York, said today that it has snagged former Zappos.com CTO Arun Rajan as its new Chief Technology Officer. Rajan will be at the company''s San Francisco offices. READ MORE>>.

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Papaya Picks Up $50M For Mobile Payments

socalTECH

Los Angeles-based Papaya, a fintech startup developing a mobile bill payment application, says it has raised $50M in a Series B funding. The funding was led by Bessemer Venture Partners, and also included Sequoia Capital, Acrew Capital, 01 Advisors, Mucker Capital, Fika Ventures, F-Prime, and Sound Ventures.

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Midnight Lights Up With $7.5M

socalTECH

Los Angeles-based gaming startup Midnight announced this morning that it has raised $7.5M in its seed funding round.

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Emotive Finds $50M In Series B

socalTECH

Los Angeles-based startup Emotive, which develops conversational text messaging software, said this morning that it has raised $50M in its Series B funding round. The funding was led by CRV, and also included Mucker Capital, TenOneTen Ventures, plus new investors, Stripes and Vulcan Capital.

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Bill Gates wants Western countries to eat “synthetic meat”; Meatable has raised $47 million to make it

TechCrunch LA

Gates’ call is being met by startups and public companies hailing from everywhere from Amsterdam to Tel Aviv, London to Los Angeles, and Berkeley to… um… Chicago. These products don’t get at the full potential for cellular technology according to Daan Luining, Meatable’s chief technology officer.

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Privlo Raises $2.1M For Private Mortgage Marketplace

socalTECH

In some what-did-our-spam filter eat-recently funding news, Santa Monica-based Privlo recently raised $2.1M in a seed funding round, for its online marketplace for private mortgage loans. Privlo, which was founded by Michael Slavin, said the new funding came from QED Ventures. READ MORE>>.

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Relativity, a new star in the space race, raises $140 million for its 3-D printed rockets

TechCrunch LA

The financiers funding the company’s plans are a mix of Silicon Valley venture capital firms and members of Hollywood’s elite, which is only fitting for a company whose headquarters are in Los Angeles, but whose business takes it to the far flung research centers and launch facilities which support the U.S.