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Good Eggs Gets Funding For Grocery Delivery In LA

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Good Eggs , an online, local grocery delivery service which has been piloting its services in Los Angeles, has raised $8.5M in a funding round from Sequoia Capital, the company said Thursday. The company is based in San Francisco, and also has been piloting its service in Brooklyn and New Orleans. READ MORE>>.

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Green Dot's Steve Streit Gets National Award

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Steve Streit , the founder of Monrovia, California-based Green Dot , which provides prepaid debit cards and other products, has been tapped for a national award recognizing entrepreneurs. Green Dot was backed by Sequoia Capital and the Tech Coast Angels, and has been the best return, ever, for the Tech Coast Angels.

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GRP Backs Payment Card Provider Wave Crest

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Los Angeles-based venture firm GRP Partners is backing a prepaid card firm, Wave Crest Holdings Limited , based in Gibraltar. GRP has been fairly focused on financial services companies, and scored a significant exit last year in billing firm BillMeLater, which it sold for over a billion dollars.