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The top 10 cities for $100M VC rounds in 2018 so far

TechCrunch LA

Jason Rowley is a venture capital and technology reporter for Crunchbase News. companies’ largest VC raised in 2018 , and no surprise here: the 10 largest rounds all topped out well north of $100 million. 2018 in perspective. 2018 is already a record year for venture funding worldwide. More posts by this contributor.

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j2 Global Eyes $1.2 Billion To $1.25 Billion In Revenues In 2018

socalTECH

billion for its fiscal 2018, as it continues to grow its stable of businesses. The company--which owns such brands as IGN, Mashable, Humble Bundle, Speedtest, PCMag, Offers.com, Everyday Health and What To Expect, plus eFax, eVoice, Campaigner, Vipre, KeepItSafe and Livedrive--reported a 5.4 billion and $1.25 READ MORE>>.

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Fullscreen Media Shuts Down Video On Demand Service

socalTECH

Los Angeles-based Fullscreen Media says it is shutting down its video on demand service , and instead putting its resources into its other efforts, after a two year run. According to reports, about 25 employees are being laid off as a result of the shutdown of the service, which had offered up access to subscription content for $6 a month.

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Q1 Seed Funding Deals Up From Last Year, Says Amplify LA

socalTECH

Seed stage investments in Los Angeles area startups was up, year-to-year, according to the Q1 2018 LA Seed Deal Report from investor Amplify LA. According to the report from Amplify, 23 LA startups raised a total of $52.9M in seed funding in Q1, which was up 2.5 percent from Q1 of 2017. READ MORE>>.

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MPAA: Streaming Video Subscriptions Pass Up Cable For First Time

socalTECH

The number of subscribers to online video services have just passed up that of traditional cable, according to an MPAA report today, which said in 2018 that there were 613.3 The report says that surpasses the 556.0 million cable subscriptions it tracked in 2018. READ MORE>>.

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Silicon Beach Report Aug. 18: NBC's Daily Snapchat Show Reaches 29 Million Views in First Month

L.A. Business Journal

NBC's daily Snapchat show reaches 29 million views in first month, Fisker Emotion to debut at CES 2018, and Q&A with Sophia Amoruso about new startup GirlBoss Media.

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Glossier just laid off one-third of its corporate employees, mostly in tech

TechCrunch LA

The company built its own point-of-sale system and commerce APIs in-house, allowing them to deliver a “seamless” customer experience, former Glossier CTO Bryan Mahoney said in 2018. E-commerce sales typically account for 80% of Glossier’s revenue, the Business of Fashion reported last July. .

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