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Wellington Financial Closes $177.5M Venture Debt Fund

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Wellington Financial , a provider of venture debt and growth capital to high tech startups and other companies, said yesterday that it has closed on a $177.5M, fourth fund. offices in Santa Monica. The company said that 20 of its last 25 investment were in U.S.-based, based, VC-backed companies.

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Montgomery & Co. Exits Advisory Business

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the investment banking firm which got its start in Los Angeles focusing on high tech companies--and as a onetime venture capital investor--has exited the investment banking and advisory business, the firm said today. s roots as an investment firm. montgomery monty angeles investment banking'

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Philz Coffee Looks Beyond California With $45M Funding

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The company said the big investment round was led by TPG Growth. The company's first expansion beyond the Bay Area was in Santa Monica in 2014, due to the concentration of high tech startups in the area. As part of the funding, Jim COulter and Sanjay Banker, both of TPG, join the company's board. READ MORE>>.

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Interview with Todd Jerry, Marmol Radziner

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Todd is now Chief Operating Officer of Marmol Radziner (www.marmol-radziner.com), an architecture and construction company, which recently installed a eco-friendly mobile home park project in Santa Monica which was focused on applying clean and eco-friendly technologies to the pre-fab building market. For me, it was a couple of things.

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Looking At LA's Technology Future with Derek Norton

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Derek Norton is head of Los Angeles-based Watertower Group (www.watertowergroup.com), a firm which helps companies raise funding, one of the rare companies which has a track record and good reputation helping companies with fundraising, and also runs its own investment fund. Derek Norton: It's that old adage--they invest in the entrepreneur.

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Interview Dan Dato and Bruce Brown, Upstart.LA

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Although Los Angeles has become a hub for the high tech startup world, Surprisingly, one of the things which hasn't happened in the Los Angeles area is any huge, successful venture acceleration programs. I moved to the Santa Monica office of Microsoft Consulting Service. Do you have mentors lined up?

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Interview with Erik Rannala, MuckerLab

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At the time, that was high tech, and bricks were a combination of mud, hay, and muck. You were most recently in venture capital, what drove you to move down here to Los Angeles and start this up? How much are you investing in the companies who are part of the program?