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Amplify.LA Seeks To Raise $50M Fund, Amplify.LA Capital V

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Venice, California-based Amplify.LA, the startup incubator and investor led by Paul Bricault and Oded Noy, has launched an effort to raise $50M in a new venture capital investment fund, Amplify.LA The fundraising effort apparently just started, and was disclosed in a regulatory filing by the firm on Wednesday.

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Bombd Sets Up Shop In Venice, Aims At Social Networking

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Bombd , a startup which develops a social networking and messaging app revolving around sharing instant photos with others, has set up shop in Venice Beach. The startup--originally started in Australia--said its team and founders have moved to Venice Beach to scale the app in the U.S.,

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Riot Ventures Looks To Raise Second Venture Capital Fund, Worth $75M

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Venice, California-based Riot Ventures , led by Stephan Marcus and William Coffield, has launched an effort to raise $75M for its second venture capital fund, the firm disclosed this week in a regulatory filing.

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Five Startups Revolutionizing Music, In Southern California

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Combine that with the growing startup community here, and you end up with at. We've compiled a list of five of the startups that are revolutionizing some part of music, based here in Southern California. The firm has the backing of both Intel Capital and Liberty Global. Earbits is in Venice, and is headed by Joey Flores.

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Amplify Closes $10M Fund For More Startup Investments

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Venice-based Amplify recently close a third, early stage investment fund of $10M, as part of its efforts to accelerate startups in the Los Angeles area. Amplify, which operates its own startup accelerator in Venice, had previously been investing $12.6M raised in its prior two funds. READ MORE>>.

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Wheels, Started By Founders of Wag, Comes To LA

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Wheels , a new startup from the co-founders of Wag , announced this morning that the company has started offering up access to its electric powered, two wheel bicycles in Los Angeles, as it expands from its base in San Diego. The startup is led by Wag co-founders and brothers Jonathan and Josh Viner.

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WeeCare Rounds Up $4.2M For Home Daycare Marketplace

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Venice, California-based WeeCare , a new startup which is creating a marketplace to help people start and manage their own home daycare, has raised $4.2M The funding came from Social Capital. The company claims its providers can earn up to $90,000 a year operating their businesses. READ MORE>>.