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Thankful Takes $12M For AI Efforts

socalTECH

Venice, California-based Thankful, a new artificial intelligence software startup focused on customer service, announced this morning that it has raised $12M in its Series A funding round. The funding was led by Alpha Edison, and also included Bonfire Ventures, Ten-One-Ten, Greycroft, Omega, and Miramar Ventures.

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Rinse Opens On-Demand Dry Cleaning In LA

socalTECH

funding round. The company offers up many features familiar to on-demand app users, including emailed photos of your items and SMS pick up and scheduling. Rinse , a San Francisco-based on-demand dry cleaning and laundry service, said Thursday that it is expanding it service to Los Angeles, after raising a $3.5M READ MORE>>.

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Reflections on 2018: Clinton Foy, CrossCut Ventures

socalTECH

When I first joined Crosscut Ventures five years ago, the firm had $20 million under management and was just starting to invest out of its second fund. We now have $250 million under management, are investing out of our fourth fund and have made more than 80 investments.

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Interview with Fouad ElNaggar, Redpoint Ventures

socalTECH

A lot of people don't know it, but we also have an early growth fund, Redpoint Omega, which also gives us the flexibility to invest as little as $50,000 in a company, which we do quite often. We can also write checks as large as $35M out of the Omega Fund. They can find me on Twitter, email me, find me on Namesake.

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Tech Titans Peter Thiel, Matt Jacobson, Cameron and Tyler Winklevoss, Mich Mathews, Elon Musk Buy Homes in Los Angeles

SoCal Delicious

Venture capitalist and hedge-fund manager Peter Thiel—PayPals co-founder and Facebook s. The narrow, 3-mile strip of land that runs from Santa Monica through Venice, and is now stretching down to Playa Vista, has been dubbed "Silicon Beach" due to the heavy concentration of Internet companies and executives there. VENICE RISING.

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Putting the Pedal to the Metal at Amplify

From the Venture Trenches

For the first three months of this year, I have had the pleasure of breathing the same air as the crew from Amplify , the Venice based accelerator. As a member of NextSpace I have witnessed Amplify in operation and it is a shop that definitely believes in good rewards stemming from hard work.

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Putting the Pedal to the Metal at Amplify

From the Venture Trenches

For the first three months of this year, I have had the pleasure of breathing the same air as the crew from Amplify , the Venice based accelerator. As a member of NextSpace I have witnessed Amplify in operation and it is a shop that definitely believes in good rewards stemming from hard work.