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Forge Platform Finds $1M For Ethereum SDK

socalTECH

Santa Monica-based Forge Platform , which is developing software development kits used for Ethereum, has raised $1M in a seed funding, the company disclosed on Wednesday. The funding came from Manta Ray Ventures and Upfront Ventures. The company was founded by Chris Lorenz, Geoffrey Anderson, and James Borow. READ MORE>>.

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Yardi Buys CommissionTrac

socalTECH

Santa Barbara-based Yardi announced this week that it has acquired CommissionTrac, a developer of revenue management software for commercial real estate companies. CommissionTrac was founded in 2015. Financial terms of the acquisition were not announced.

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Flipagram: More Than 1,000 Verified Musicians Added In 2015

socalTECH

Los Angeles-based video story app developer Flipagram said Wednesday that it added more than 1,000 signed, musical artists to its "Flipagram Verified" platform, letting those artists make their music available to Flipagram's users. Flipagram is led by longtime LA technology veteran Farhad Mohit. READ MORE>>.

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Black Mountain Systems Acquired By Vista Equity Partners

socalTECH

San Diego-based Black Mountain Systems , a developer of software for credit investors and alternative asset managers, has been acquired by private equity firm Vista Equity Partners. Black Mountain Systems was previously owned by another, private equity investor, Stone Point Capital LLC , which acquired Black Mountain in 2015.

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Parabol Takes $8M From Microsoft, Others For Agile Meetings

socalTECH

Los Angeles-based Parabol, a company which is developing technology to enable "Agile" meetings, announced that it has raised $8M in its Series A funding. Parabol says it has developing a platform focused on enabling remote and hybrid teams to conduct structured meetings, using the "Agile" methodology.

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Causecast Acquired By America's Charities

socalTECH

Burbank-based Causecast , which developed an online platform to help employers increase employee engagement with charitable causes, has been acquired by America's Charities , a nonprofit focused on getting employees to support causes they care about. Financial terms of the acquisition were not announced. READ MORE>>.

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Sneaker culture staple GOAT hits $1.75 billion valuation on new $100 million round

TechCrunch LA

Since it launched in 2015 it has expanded into adjacent categories and become one of the biggest retailers of the current e-commerce craze. GOAT now counts retailers like Alexander McQueen, Nike, and others among the brands that sell their wares directly on the platform. ” Money, it’s gotta be the shoes. .

Commerce 255