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Techstars Los Angeles Launches 2019 Class

socalTECH

Techstars Los Angeles , one of the startup accelerators run by Techstars in Los Angeles, has announced its 2019 class. According to Techstars, ten companies were selected for the startup accelerator, which kicked off this week. The companies will have their Demo Day on October 15th.

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Software Firm X1 Making Big Moves

L.A. Business Journal

Pasadena-based software developer X1 Discovery Inc. is closing out 2019 with a series of big changes.

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GumGum Gets $22M More For Advertising AI Software

socalTECH

Santa Monica-based GumGum , which develops artificial intelligence software for the advertising and media market, has raised $22M more in a funding round, the company said on Thursday. GumGum said it had $155M in global revenue in 2019. All three of those investors are existing investors in the company. READ MORE>>.

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Reflections on 2019: Scott Alderton, Preccelerator

socalTECH

In 2019 we have begun to see it actually affecting us, with voice assistants, and navigational devices, calendaring assisting, suggestive actions, etc. Scott advises clients across a number of industries, including software, technology, digital media, interactive entertainment and video games, cyber security and life sciences.

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Canada’s newest unicorn: Clio raises $110M at a $1.6B valuation for legal tech

TechCrunch LA

Clio , a software company that helps law practices run more efficiently with its cloud-based technology, announced Tuesday it has raised a $110 million Series E round co-led by T. Clio last raised in September of 2019 when it brought in $250 million in a Series D financing. Rowe Price Associates Inc. and OMERS Growth Equity.

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Drata Takes $25M For Security, Compliance Software

socalTECH

San Diego-based Drata, a startup working on security and compliance automation software, said it has raised $25M in its Series A funding. The company said its founders previously started a company called Portfolium, which was acquired by Instructure in 2019. Photo: Drata's founders).

Software 113
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Reflections on 2019: Kelly Perdew, Moonshots Capital

socalTECH

For my partner, Craig Cummings, and I - 2019 was our first full year as Venture Capitalists! Our 2019 investment in Backtracks, a developer of podcast analytics software, has shown fantastic traction and continues to provide value to podcast creators helping them to better understand their listeners and monetize their content.

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