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Onica Raises $20M For Cloud Migration, IT Services Efforts

socalTECH

Santa Monica- and Irvine-based Onica , a provider of IT services focused on cloud-based platforms like Amazon Web Services (AWS), has raised $20M in a funding round, the company announced this week. The company--formerly known as CorpInfo--said the funding came from Sunstone Partners. READ MORE>>.

Services 113
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Panjo Raises $1.6M For Marketplace Software

socalTECH

Santa Monica-based Panjo , which develops online marketplaces for automotive, sports, and hobby enthusiasts, announced it has raised $1.6M in a funding round this morning, led by Spark Capital. The funding also included Bertelsmann Digital Media Investments, Lerer Ventures and Mesa.

Software 170
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GoCoin Gets $1.5M For BitCoin Payments

socalTECH

Santa Monica-based GoCoin , the Bitcoin payments startup led by Steve Beauregard, has scored $1.5M The funding was led by the Bitcoin Shop, Inc., The funding also included angels Andrew Frame (Ooma), David Neumann (Current TV), and others. in a Series A financing, the company said today. READ MORE>>.

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How Event Farm Is Making Events A Part Of Your Sales Funnel

SoCal Tech Calendar

We spoke with co-founder Ryan Costello about Santa Monica-based Event Farm (www.eventfarm.com), on how its software technology is being used to power high end, VIP events for large companies. We're in Santa Monica, and sometime people think we're a venue or rental space for events, but what we are, is a 100 percent software company.

Sales 100
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GraphEffect Gets $2M For Facebook Marketing

socalTECH

Santa Monica-based Focused Labs , which provides social media marketing services, said Thursday that it has renamed itself GraphEffect , and raised $2M in funding. GraphEffect provides a social advertising platform which helps advertisers gain Facebook fans and Likes. The firm was founded by Clark Landry and James Borow.

Marketing 189
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Reflections on 2016: Rob Freelen, Silicon Valley Bank

socalTECH

In 2016, our Santa Monica office more than doubled market share of early-stage companies. Rob Freelen: The best lesson I learned in 2016 is that a well-managed company can succeed in any funding environment. In the interest of full disclosure, Headspace is a client of SVB Santa Monica. Rob Freelen: Focus.

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Crowdfunder Gets Broker-Dealer License

socalTECH

Santa Monica-based equity crowdfunding site Crowdfunder is making it easier for it to work with investors, saying on Monday that it has just received its broker-dealer license to sell securities directly to accredited investors. Crowdfunder said the move will help create a "more seamless solution" for its customers.