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Fintech giant Klarna raises $639M at a $45.6B valuation amid ‘massive momentum’ in the US

TechCrunch LA

Overall, Klarna is live in 20 markets, has more than 90 million global active users and more than 2 million transactions a day conducted on its platform. billion of purchases made through the Klarna platform. in markets such as New York and Los Angeles. Klara is now live with 24 of the top 100 U.S.

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Bringing The Benefit Of Managed Cloud To Enterprises, With Metacloud

socalTECH

CIOs are wondering if they should jump in, wait for production, or wait for things to mature. That allow enterprise CIOs to jump into OpenStack head first. What is pushing those CIOs to consider private clouds? We''re really excited to see the storage platform grow pretty substantially. That''s what we''re seeing.

CIO 207
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Want to Start a Technology Company in LA?

Both Sides of the Table

Los Angeles. It’s not uncommon for incredibly smart and talented Phd’s or CS majors from Stanford to raise $10 million on an early-stage “platform&# that if it succeeds it will be huge. LA generally doesn’t have an appetite for this kind of investment at early stages.

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Can You Really Build a Great Tech Firm Outside Silicon Valley?

Both Sides of the Table

Los Angeles. When you’re one fund and have $600 million to invest it’s easier to take that kind of risk. There are no $600 million funds in Los Angeles. I meet with Bay Area entrepreneurs all the time and am actively looking to make investments there. Let me use LA as an example.