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Assembly Joins Billion Dollar Unicorns After Strategic Investment

socalTECH

Los Angeles-based e-commerce software developer Assembly has joined the ranks of the local unicorn startups, according to the company, after getting a "significant capital injection" from Advent International. The company said it now surpasses $1 billion in valuation after the round.

Invest 113
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Assembly Gets Investment Round

socalTECH

Los Angeles-based Assembly , a developer of e-commerce tools and software, has received what it says is a "significant investment" from private equity investor Providence Strategic Growth. According to Assembly, the new funding will go to both build and acquire e-commerce software and services.

Invest 113
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Pack Picks Up $3M For Ecommerce Tools

socalTECH

San Diego-based Pack, a developer of e-commerce tools, says it has raised $3M in a seed funding round. The funding was led by Norwest Venture Partners, and also included Alpaca and Vanterra Ventures. Pack says it is developing what it calls "headless commerce", which helps brands create personalized shopping experiences.

Tool 113
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New Year to Bring New Data Security Threats, Cyber Investor Warns

Xconomy

Ackerman (pictured) is founder and managing director of San Francisco-based VC firm AllegisCyber , and co-founder of Fulton, MD-based DataTribe , which helps launch startups grounded in the expertise of former federal cybersecurity experts at the National Security Agency and other government units.

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Eight Repeat Entrepreneurs To Watch In SoCal

socalTECH

They've acquired CAPTCHA security tools originally developed by Vidoop, and looking to market that technology to e-commerce web sites, social networking sites, and others looking to reduce spam and fraud. The firm has backing from such investors as Google Ventures, Bessemer Venture Partners, and OReilly AlphaTech Ventures.

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The Startup Guide To SXSW Panel Picking

Tech Zulu Event

Everybody is Selling Something: The Arrival of "Me-Commerce". The "old school" models of e-commerce, as dominated by bulky hosted storefron. Entrepreneurism / Monetization e-commerce, monetization, Selling. . Entrepreneurism / Monetization design, Recruiting, Software development. . A revolution is afoot.

Guide 69
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Five Regions That Could Draw Amazon’s Next Headquarters

Xconomy

Amazon sent cities across North America into a frenzy Thursday after announcing plans to build a second headquarters outside of Seattle, bringing with it tens of thousands of jobs and billions of dollars in economic development benefits. Amazon will pick the city in 2018.