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Shift Technologies Gets $50M More

socalTECH

Shift Technologies , the online marketplace for used cars which has major operations in Los Angeles, has raised $50M in new funding for the startup, the company said today. The funding was led by Goldman Sachs Investment Partners (GSIP), and also included Draper Fisher Jurvetson (DFJ) and Highland Capital Partners. READ MORE>>.

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MomentFeed Names Tech Veteran Nick Hedges As CEO

socalTECH

Hedges is a longtime Southern California technology veteran, who was most recently President and CEO of Velocify. MomentFeed is venture backed by Level Equity, Signia Venture Partners, Draper Nexus and DFJ Frontier. Hedges served in that position until its recent acquisition by Ellie Mae. READ MORE>>.

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StackSocial Expands Into Health And Fitness

socalTECH

Los Angeles-based StackSocial , which offers up online technology sales and deals on software and other products, is in a major expansion, saying yesterday that it has launched a new Health & Fitness category. READ MORE>>.

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Lalawag Goes To Silicon Valley's Valley Girl

socalTECH

Los Angeles gossip and technology blog Lalawag , run by Sean and Laurie Percival, has been sold. a publication that is run by Jesse Draper, the daughter of venture capitalist Tim Draper. Financial terms of the sale were not disclosed. Sean Percival is VP of Online Marketing at MySpace. READ MORE>>.

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CapLinked Announces New Investors, Signs Up New Clients & Builds New Features

Tech Zulu Event

Jackson said, “We’re using the proceeds from our financing round to invest in our technology, build new features, and increase sales and support.”. Team, Technology & Vision. Pleased to be an investor in the company, investor Lee Essner said he was particularly drawn to CapLinked’s team, technology and vision.

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Launchpad LA – More Details Revealed

Both Sides of the Table

It was inspired somewhat by a comment that Matt Coffin (founder of LowerMyBills) made at a technology event hosted by Jason Nazar. He was able to raise money from a VC in Minneapolis called Split Rock , grow the business to over $200 million in sales and sell to Experian for nearly $380 million. The rest is history.

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Interview With Brian McCarthy, Dentistry.com

socalTECH

We're owned by Sirona, a large multinational, which provides almost anything a dentist needs to practice medicine and dentistry, from large scale technology to devices, to digital scanners, to really mundane things like glue and gauze. That's the path that led me here, and really what I'm doing here is building a marketing technology company.

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