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Dollar Shave Club Acquired For $1 Billion By Unilever

socalTECH

In another, stunning exit for Southern California's technology startup community, Los Angeles-based Dollar Shave Club has been acquired from a reported $1 billion by Unilever. Dollar Shave Club operates a subscription, razor and toiletries accessory business targeted at men. READ MORE>>.

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Calibrate Ventures Raises $80M Investment Fund

socalTECH

Pasadena-based Calibrate Ventures , a brand new venture capital firm founded by Kevin Dunlap and Jason Schoettler, announced on Tuesday morning that it has raised $80M in its very first venture capital fund, Calibrate Ventures, L.P.

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Science Inc. Eyes New Venture Capital Fund

socalTECH

Santa Monica-based startup studio Science Inc. founded by Michael Jones, Peter Pham, Gregory Gilman, and Tom Dare, appears to be launching efforts to raise a new fund. The firm already has an existing venture capital fund which invests in its portfolio companies. READ MORE>>.

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The brains behind one of marketing’s biggest hits are out to reshape the industry again… with direct mail

TechCrunch LA

Postie , a new Los Angeles-based startup, has a vision for the future of advertising and marketing — and it’s direct mail. Unilever buys Dollar Shave Club for reported $1B value. They aren’t the only ones. Postie has raised $3.5

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Science Raising New $30M Fund For LA Startups

socalTECH

the startup incubator headed by former MySpace CEO Mike Jones, is reportedly raising another $30M in funding to put towards its startups. According to a report this morning, the fund will also invest in non-Science incubated startups. science myspace scienceinc venture capital fund funding'

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Special Report: Who's Funding What, Really?

socalTECH

There's been a lot of talk about the boom in Southern California's startup world. Driven by success in the sector, accelerators, serial entrepreneurs, and more, there are more startups starting and relocating here than ever. being funded. 500 Startups. Recent investments: Laffster , Chromatik , Surf Air.

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Understanding What’s Going on in #LATech

Both Sides of the Table

Upfront Ventures was created 20 years ago as one of the original VC funds in Los Angeles. Back then only 15% of our dollars were invested locally whereas today 50% of our dollars are invested in LA. Back then only 15% of our dollars were invested locally whereas today 50% of our dollars are invested in LA.